Sluggish Utilization of Lodging Facilities for Earthquake Disaster Reconstruction Workers and Impairment Losses
First written in FY2019. 4 of 5 entries say "Materialised", first in FY2019. Latest entry: FY2023-Q3.
Ohmori moved to the "Worse" side of this theme in 2019, 1 year before the typical company in this theme (2020).
The whole theme swung hardest in 2025: 43 of 77 companies on the "Worse" side.
60 other companies' latest entry also says "Materialised".
- FY2023-Q3MaterialisedAnnual report
「Regarding the operation of worker accommodation built in Naraha Town, Futaba District, Fukushima Prefecture, for earthquake-reconstruction projects, the company reduced the carrying amount of the fixed assets it owned to their recoverable amount due to declining profitability and recognized the reduction of ¥14.502 million as an impairment loss under extraordinary losses.」
The company actually recorded an additional impairment loss of ¥14.502 million for the worker accommodation for earthquake-reconstruction projects due to declining profitability. - FY2023-Q2MaterialisedAnnual report
「Regarding the operation of worker accommodation built in Naraha Town, Futaba District, Fukushima Prefecture, for earthquake-reconstruction projects, the company reduced the carrying amount of the fixed assets it owned to their recoverable amount due to declining profitability and recognized the reduction of ¥14.502 million as an impairment loss under extraordinary losses.」
The company actually recorded an additional impairment loss of ¥14.502 million for the worker accommodation for earthquake-reconstruction projects due to declining profitability. - FY2021MitigatedAnnual report
「The company also sold some assets of the worker accommodation it built in Fukushima Prefecture for earthquake-reconstruction projects.」
The company sold some assets of the worker accommodation for earthquake-reconstruction projects. No new impairment loss related to the accommodation was recorded in the current fiscal year. - FY2020MaterialisedAnnual report
「Regarding the operation of worker accommodation built in Naraha Town, Futaba District, Fukushima Prefecture, for earthquake-reconstruction projects, the company assessed future recoverability in light of the business environment and recognized the entire carrying amount of the fixed assets as an impairment loss of ¥72.976 million under extraordinary losses.」
Following the ¥269.262 million recorded in the previous fiscal year, the company recorded an additional impairment loss of ¥72.976 million for the worker accommodation for earthquake-reconstruction projects. It stated that it planned to sell some of the facilities and continue operations at a reduced capacity. - FY2019MaterialisedAnnual report
「Regarding the operation of worker accommodation built in Fukushima Prefecture for earthquake-reconstruction projects, construction work such as the planned decontamination operations did not progress because Olympic-related construction and other projects were given priority. As the expected accommodation revenue could not be recognized, the company recorded an impairment loss in the fiscal year ended July 2019.」
Because delays in decontamination work and other projects prevented the recognition of accommodation revenue, the company recorded an impairment loss of ¥269.262 million for the accommodation facilities. It stated that operations would continue based on expectations that earthquake-reconstruction work would become fully operational in the future.