Impairment Risk for Fixed Assets
First written in FY2021. 1 of 4 entries say "Materialised", first in FY2022. Latest entry: FY2025.
Berg Earth moved to the "Worse" side of this theme in 2026, 5 years after the typical company in this theme (2021).
The whole theme swung hardest in 2026: 67 of 129 companies on the "Worse" side.
23 other companies' latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「At ベルグ福島株式会社 during the current consolidated fiscal year, an indication of impairment was identified because operating losses were expected to continue in the future business plan due to the construction and launch of the Tsurusawa Farm. The company therefore assessed whether an impairment loss should be recognized.」
An indication of impairment was identified at ベルグ福島 against the backdrop of the construction and launch of Tsurusawa Farm. However, future cash flows exceeded the carrying amount, and no impairment loss was recorded. - FY2023MitigatedAnnual report
「[Information on impairment losses on fixed assets by reporting segment] There were no applicable items for the current consolidated fiscal year (from 1 November 2022 to 31 October 2023).」
While ベルグ福島 recorded an impairment loss of ¥1.208 million in the previous consolidated fiscal year, no impairment loss was recorded in the reporting segments for the current consolidated fiscal year. - FY2022MaterialisedAnnual report
「At ベルグ福島株式会社 during the current consolidated fiscal year, increased research and development expenses for plant vaccines caused the total undiscounted future cash flows to fall below the carrying amount. It was therefore determined that an impairment loss had to be recognized, and the carrying amount was reduced to the recoverable amount, with an impairment loss recorded.」
ベルグ福島 on a standalone basis recorded an impairment loss of ¥1.208 million due to increased plant-vaccine research and development expenses. However, the impairment loss was adjusted in the consolidated financial statements following a review of the asset grouping. - FY2021First statedAnnual report
「If the payback period for investments is expected to lengthen due to significant changes in the business environment or operations, resulting in a substantial deterioration in profitability and a decline in the economic value of assets, impairment losses on fixed assets may be recognized, potentially affecting the Group's operating results and financial condition.」
The company identified as a new major risk the possibility that impairment losses on fixed assets resulting from longer recovery periods for capital expenditures or weak profitability could affect operating results and financial condition.