Impairment Losses on Fixed Assets Planned for Sale
First written in FY2020-Q3. 2 of 5 entries say "Materialised", first in FY2025. Latest entry: FY2026.
Sata Construction moved to the "Worse" side of this theme in 2025, 4 years after the typical company in this theme (2021).
The whole theme swung hardest in 2025: 16 of 27 companies on the "Worse" side.
14 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「During the current fiscal year, the company reduced the carrying amount of the above asset group to its recoverable amount due to declining profitability and other factors, and recorded the reduction of ¥202 million as an impairment loss under extraordinary losses.」
Following the ¥19 million impairment loss related to the relocation of the Tochigi Branch in the previous fiscal year, the company recorded a ¥202 million impairment loss in the current fiscal year on the asset group related to asphalt plant equipment due to declining profitability and other factors. - FY2025MaterialisedAnnual report
「The company reduced the carrying amount to the recoverable amount following the relocation of the Tochigi Branch and recorded the reduction of ¥19 million as an impairment loss under extraordinary losses.」
Following the absence of impairment losses through the previous fiscal year, the company recorded a ¥19 million impairment loss on land in connection with the relocation of the Tochigi Branch. - FY2021RestatedAnnual report
「Current fiscal year (1 April 2020 to 31 March 2021) There were no applicable matters.」
The company states that, compared with the ¥91 million impairment loss on assets held for sale recorded in the previous fiscal year, no impairment loss was recorded in the current fiscal year. - FY2021-Q3No Impairment Loss in the Fiscal YearAnnual report
「Nine-month period of the current fiscal year (1 April 2020 to 31 December 2020) There were no applicable matters.」
The company states that, compared with the ¥91 million impairment loss on assets held for sale recorded in the nine-month period of the previous fiscal year, no impairment loss was recorded in the nine-month period of the current fiscal year. - FY2020-Q3First statedAnnual report
「During the nine-month period of the current fiscal year, the company reduced the carrying amount of the above assets held for sale to their recoverable amount following the decision to sell them, and recorded the reduction of ¥91 million as an impairment loss under extraordinary losses.」
The company states that it recorded an impairment loss of ¥91 million following the decision to sell the assets held for sale.