Declining Profitability and Impairment of Machinery and Equipment in the Surface Treatment Business in Thailand
First written in FY2019. 7 of 16 entries say "Mitigated", first in FY2024-Q3. Latest entry: 2026-11-09.
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- FY2026MitigatedAnnual report
「Consolidated fiscal year (1 April 2025 to 31 March 2026) Impairment loss 2,948」
The impairment loss for the Surface Treatment Business in Thailand decreased from ¥22.927 million in the previous fiscal year to ¥2.948 million. The Surface Treatment Business posted segment profit of ¥36 million, down from ¥39 million in the previous fiscal year, but the impairment burden declined. - 2026-05-13WorsenedResults
「セグメント利益は36百万円（同9.1％減）となりました。」
表面処理事業は黒字を維持したが、セグメント利益は前期の39百万円から36百万円へ減少した。 - FY2026-H1MitigatedAnnual report
「In the "Surface Treatment Business" segment, because the investment in the business assets was no longer expected to be recoverable due to declining profitability, an impairment loss of ¥2.633 million was recognized for those assets during the interim consolidated accounting period. / Segment loss was ¥2 million, compared with a segment loss of ¥24 million in the same period of the previous year.」
The Surface Treatment Business recorded an impairment loss of ¥2.633 million and an interim segment loss of ¥2 million, both down from an impairment loss of ¥15.235 million and a segment loss of ¥24 million in the same period of the previous year. - FY2025MitigatedAnnual report
「Mainly due to the effects of efforts to reduce the cost ratio, segment profit was ¥39 million, compared with a loss of ¥59 million in the previous consolidated fiscal year.」
Despite continued weakness in HDD-related business, the Surface Treatment Business in Thailand improved from a loss of ¥85 million in the previous fiscal year to a profit of ¥59 million in the current fiscal year, mainly through cost-ratio reductions. - FY2025-H1MitigatedAnnual report
「In the surface-treatment business operated in Thailand, surface treatment for HDD applications remained flat, while surface treatment for automotive parts was generally sluggish but EV-related parts remained firm. Orders rose above the same period of the previous year to ¥650 million, up 8.9%, and sales also rose 8.9% to ¥650 million. However, due to higher raw-material and fuel prices, the segment posted a loss of ¥24 million, compared with a loss of ¥30 million in the same period of the previous year.」
Although the Surface Treatment Business remained in the red, orders received and net sales increased, and the segment loss narrowed from ¥30 million in the same period of the previous year to ¥24 million. - FY2024MitigatedAnnual report
「The HDD-related surface treatment business showed signs of recovery, including the acquisition of new customers. …Segment loss was ¥59 million, compared with a loss of ¥85 million in the previous fiscal year.」
The Surface Treatment Business increased orders received and net sales by 18.2% year on year, and its segment loss narrowed from ¥85 million to ¥59 million. However, the business remained in the red. - FY2024-Q3MitigatedAnnual report
「In the surface treatment business operated in Thailand, while surface treatment for HDD applications remained weak, surface treatment for automotive components was generally flat and EV-related components were improving. Orders were ¥914 million, up 15.0%, and sales were ¥914 million, up 15.0%, exceeding the same quarter of the previous year. The segment loss narrowed to ¥4 million, compared with a loss of ¥60 million in the same quarter of the previous year.」
Although weakness in HDD-related business continued, orders received and net sales increased on growth in EV-related components, and the segment loss narrowed from ¥60 million to ¥4 million. However, the business remained in the red. - FY2024-Q2Segment loss narrowed, but remained in the redAnnual report
「In the surface treatment business operated in Thailand, while surface treatment for HDD applications remained weak, surface treatment for automotive components was generally flat and EV-related components were improving. Orders were ¥597 million, up 10.6%, and sales were ¥597 million, up 10.6%, exceeding the same quarter of the previous year. However, rising raw-material and fuel prices and other factors resulted in a segment loss of ¥30 million, compared with a loss of ¥37 million in the same quarter of the previous year.」
The Surface Treatment Business saw increases in orders received and net sales, and its segment loss narrowed from ¥37 million in the same quarter of the previous year to ¥30 million, but it remained in the red due to higher raw material and fuel prices. - FY2022WorsenedAnnual report
「As the profitability of certain production lines declined due to changes in the business environment, including the impact of the spread of COVID-19, and the investment was no longer expected to be recoverable, the carrying amount of the asset group was reduced to its recoverable amount. The reduction, amounting to an impairment loss of ¥86.863 million, was recognized under extraordinary losses.」
The impairment loss related to the Surface Treatment Business in Thailand increased from ¥58.329 million in the previous fiscal year to ¥86.863 million. - FY2022-Q3WorsenedAnnual report
「For business assets in the reporting segment "Surface Treatment Business," the amount of the decline has been recognized as an impairment loss under extraordinary losses because the investment is no longer expected to be recoverable due to declining profitability. The impairment loss recognized during the nine months ended 31 December was ¥80 million.」
The Surface Treatment Business recognized an impairment loss on business assets due to declining profitability, with the amount increasing from ¥52 million in the same quarter of the previous year to ¥80 million. - FY2021MaterialisedAnnual report
「Because the profitability of certain production lines declined due to changes in the business environment, including the impact of the spread of COVID-19, recovery of the investment was no longer expected. Accordingly, the carrying amount of the asset group was reduced to its recoverable amount, and the decrease of ¥58.329 million was recognized as an impairment loss under extraordinary losses.」
Because recovery of the investment in production lines in the surface treatment business in Thailand was no longer expected due to declining profitability, an impairment loss of ¥58.329 million was recognized. - FY2021-Q3MaterialisedAnnual report
「Because recovery of the investment in operating assets in the Surface Treatment Business reporting segment was no longer expected due to declining profitability, the decrease was recognized as an impairment loss under extraordinary losses. The impairment loss recognized for the nine-month period of the current fiscal year was ¥52 million.」
Because recovery of the investment in operating assets in the Surface Treatment Business was no longer expected due to declining profitability, an impairment loss of ¥52 million was recognized. - FY2021-Q2MaterialisedAnnual report
「Because recovery of the investment in operating assets in the Surface Treatment Business reporting segment was no longer expected due to declining profitability, the decrease was recognized as an impairment loss under extraordinary losses. The impairment loss recognized for the nine-month period of the current fiscal year was ¥54 million.」
Because recovery of the investment in operating assets in the Surface Treatment Business was no longer expected due to declining profitability, an impairment loss of ¥54.521 million was recognized. - FY2019MaterialisedAnnual report
「Because recovery of the investment in machinery and equipment used in the business of タナベタイランド was no longer expected due to declining profitability, the carrying amount of the asset group was reduced to its recoverable amount, and the decrease of ¥163.891 million was recognized as an impairment loss under extraordinary losses.」
Because recovery of the investment in machinery and equipment at the Thai subsidiary was no longer expected due to declining profitability, an impairment loss of ¥163.891 million was recognized.