Recognition of impairment loss on idle assets in Toyama City, Toyama Prefecture
First written in FY2020-Q3. 2 of 3 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2019: 6 of 13 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「Because the outlook for operating the facilities to fulfil their original purpose was no longer clear, we determined that they constituted idle assets for which future use was no longer expected. Their carrying amount was reduced to recoverable amount, and the decrease was recorded as an impairment loss under extraordinary losses.」
For the idle assets in Toyama, an impairment loss of ¥299 million was recognised on construction in progress, and the accounting treatment of assets for which future use is not expected continues. - FY2020RestatedAnnual report
「Because future use of the above asset group was no longer expected, its carrying amount was reduced to its recoverable amount, and the decrease was recorded as an impairment loss under extraordinary losses. The main components were buildings and structures of ¥145 million, land of ¥63 million, and machinery, equipment and vehicles of ¥26 million.」
The annual financial statements also confirm the recognition of a ¥235 million impairment loss on idle assets in Toyama because their future use was no longer expected. - FY2020-Q3First statedAnnual report
「Because future use of the above asset group was no longer expected, its carrying amount was reduced to its recoverable amount, and the decrease was recorded as an impairment loss under extraordinary losses. The main components were buildings and structures of ¥145 million, land of ¥63 million, and machinery, equipment and vehicles of ¥26 million.」
An impairment loss of ¥235 million was recognised on idle assets in Toyama, Toyama Prefecture, because their future use was no longer expected.