Risk of Decline in the Fair Value and Income-Producing Value of Fixed Assets
First written in FY2017. 6 of 17 entries say "Materialised", first in FY2020. Latest entry: FY2026.
Sumiseki Holdings moved to the "Worse" side of this theme in 2020, 1 year before the typical company in this theme (2021).
The whole theme swung hardest in 2026: 67 of 129 companies on the "Worse" side.
35 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Consolidated fiscal year (from 1 April 2025 to 31 March 2026) Not applicable.」
No impairment losses were recorded for idle land, rental land or other assets during the consolidated fiscal year. - 2026-05-15MitigatedEarningsSuggests it is closing out
「Consolidated fiscal year (from 1 April 2025 to 31 March 2026) No applicable items.」
This indicates that no impairment loss on fixed assets was recorded during the fiscal year. It does not mean that the risk has been eliminated, only that no material loss occurred during the fiscal year. - FY2026-H1MitigatedAnnual report
「(Material impairment losses on fixed assets) None.」
The company reported that there were no significant impairment losses related to fixed assets for the current interim consolidated accounting period. - FY2025MaterialisedAnnual report
「During the consolidated fiscal year, the carrying amounts of asset groups among idle land not used in the business and rental land whose market values had declined significantly were reduced to their recoverable amounts, and the resulting reduction of ¥486 million was recorded as an impairment loss under extraordinary losses.」
The market values of idle land and rental land continued to decline, and an impairment loss of ¥486 million was recorded. The loss increased from ¥419 million in the previous fiscal year. - FY2025-H1MaterialisedAnnual report
「Impairment loss - 9」
An impairment loss of ¥9 million was recorded during the current interim consolidated accounting period, continuing the recognition of losses resulting from declines in the value of fixed assets. - FY2024MaterialisedAnnual report
「During the consolidated fiscal year, the carrying amounts of asset groups among idle land not used in the business and rental land whose market values had declined significantly were reduced to their recoverable amounts, and the resulting reduction of ¥419 million was recorded as an impairment loss under extraordinary losses.」
Market values of idle land and rental land actually declined, and an impairment loss of ¥419 million was recorded. - FY2024-Q3RestatedAnnual report
「(Material impairment losses on fixed assets) None.」
The company reported that there were no significant impairment losses related to idle assets or other assets for the nine-month period of the current consolidated fiscal year. - FY2024-Q2MitigatedAnnual report
「(Material impairment losses on fixed assets) None.」
The company reported that there were no significant impairment losses related to idle assets or other assets for the six-month period of the current consolidated fiscal year. - FY2023MaterialisedAnnual report
「During the consolidated fiscal year, the carrying amounts of asset groups among idle assets not used in the business whose market values had declined significantly were reduced to their recoverable amounts, and the resulting reduction of ¥48 million was recorded as an impairment loss under extraordinary losses.」
As the market value of idle assets declined, an impairment loss of ¥48 million was recorded on structures and other assets in Akabira, Hokkaido. - FY2023-Q3RestatedAnnual report
「The impairment loss recorded for the nine-month period of the current consolidated fiscal year was ¥0 million.」
The impairment loss related to idle land recorded for the nine-month period of the current consolidated fiscal year was ¥0 million. - FY2023-Q2MitigatedAnnual report
「The impairment loss recorded for the six-month period of the current consolidated fiscal year was ¥0 million.」
For idle land, the impairment loss recorded for the six-month period of the current fiscal year was ¥0 million. No impairment loss was recorded in the current quarter, compared with the losses recorded in the previous fiscal year and the same period of the previous year. - FY2022RestatedAnnual report
「During the consolidated fiscal year, the carrying amounts of asset groups among idle assets not used in the business whose market values had declined significantly were reduced to their recoverable amounts, and the resulting reduction of ¥17 million was recorded as an impairment loss under extraordinary losses.」
An impairment loss of ¥17 million resulting from the decline in the market value of idle assets was disclosed for the full fiscal year as well. - FY2022-Q1MaterialisedAnnual report
「An impairment loss was recorded on idle land included in corporate assets not allocated to any reporting segment because the assessed value for property tax, used as the benchmark for fair value measurement, declined. The impairment loss recorded for the nine-month period of the current first quarter was ¥17 million.」
The assessed value for property tax of idle land declined, and an impairment loss of ¥17 million was recorded in the first quarter. - FY2020MaterialisedAnnual report
「During the consolidated fiscal year, the carrying amounts of asset groups among idle assets not used in the business whose market values had declined significantly were reduced to their recoverable amounts, and the resulting reduction of ¥16 million was recorded as an impairment loss under extraordinary losses.」
Market values of idle land actually declined, and an impairment loss of ¥16 million was recorded for assets in Sapporo, Mikasa and Saga. - FY2019RestatedAnnual report
「If asset values decline in the future due to falling market values, lower profitability or changes in the holding policy, this may affect the financial position and operating results of the Group.」
Restates the potential impact of declines in the market value and income value of fixed assets and changes in the holding policy. - FY2018RestatedAnnual report
「If asset values decline in the future due to declines in fair value or profitability, or changes in the policy for holding the assets, the resulting effects could affect the financial position and operating results of the company's group.」
The company again reports the possibility that declines in the fair value or income-generating value of fixed assets, or changes in its holding policy, could affect its financial position and operating results. - FY2017First statedAnnual report
「If asset values decline in the future due to declines in fair value or profitability, or changes in the policy for holding the assets, the resulting effects could affect the financial position and operating results of the company's group.」
The company identifies the risk that declines in the fair value or profitability of fixed assets, or changes in its policy for holding them, could reduce asset values.