Impairment Losses Due to Declining Profitability of the Processing Business
First written in FY2019-Q2. 6 of 7 entries say "Materialised", first in FY2021-Q3. Latest entry: FY2024-Q3.
Umios moved to the "Worse" side of this theme in 2021, the same year as the typical company in this theme.
The whole theme swung hardest in 2025: 14 of 21 companies on the "Worse" side.
13 other companies' latest entry also says "Materialised".
- FY2024-Q3MaterialisedAnnual report
「In addition, an impairment loss of ¥45 million was recognized on construction in progress for production equipment in the Processed Foods and Food Ingredients Distribution businesses that is no longer expected to be used due to changes in plans.」
An impairment loss of ¥45 million was recognized on construction in progress for production equipment in the Processed Foods and Food Ingredients Distribution businesses that is no longer expected to be used due to changes in plans. - FY2023MaterialisedAnnual report
「Impairment losses on fixed assets by reportable segment for the current consolidated fiscal year were ¥318 million for processed foods.」
An impairment loss of ¥318 million was recognized on fixed assets in the processed foods business. - FY2022MaterialisedAnnual report
「Impairment loss 1,100」
The Company recognized impairment losses of ¥1,100 million on fixed assets, including those related to the processed foods business, during the current fiscal year. - FY2022-Q1MaterialisedAnnual report
「Impairment loss 28」
The Company recognized an impairment loss of ¥28 million in the first quarter, reflecting impairment associated with lower asset profitability in the processed foods business and other operations. - FY2021MaterialisedAnnual report
「Processed Foods 713」
The full-year segment information disclosed impairment losses of ¥713 million for the Processed Foods segment. - FY2021-Q3MaterialisedAnnual report
「In the "Processed Foods" segment, the Company recognized an impairment loss of ¥649 million after reducing the carrying amounts of buildings, machinery, and land, primarily those scheduled for disposal or sale, to their recoverable amounts. The loss was included in the provision for business restructuring losses in the consolidated quarterly statement of income.」
The Processed Foods segment incurred an impairment loss of ¥649 million, which was recognized as part of the provision for business restructuring losses. - FY2019-Q2First statedAnnual report
「In the "Processed Foods" segment, the Company recognized an impairment loss of ¥309 million after reducing the carrying amounts of land and buildings, primarily those scheduled for sale, to their recoverable amounts. The impairment loss recognized for the cumulative second quarter of the current consolidated fiscal year was ¥331 million.」
The Processed Foods segment recognized an impairment loss of ¥309 million, primarily on land and buildings scheduled for sale, bringing cumulative impairment losses for the current quarter to ¥331 million.