Impairment losses due to deterioration in the business environment for the shipbuilding and other businesses and idle assets
First written in FY2017-Q3. 2 of 3 entries say "Materialised", first in FY2017-Q3. Latest entry: FY2018.
The whole theme swung hardest in 2025: 16 of 28 companies on the "Worse" side.
12 other companies' latest entry also says "Other".
- FY2018Full-year impairment loss updatedAnnual report
「Current consolidated fiscal year (1 April 2017 to 31 March 2018) Because the amount was immaterial, disclosure has been omitted.」
After recognizing impairment losses on the materials storage site and other assets in the previous fiscal year, the impairment loss for the current fiscal year was ¥38 million, and detailed disclosure was omitted because the amount was immaterial. - FY2017MaterialisedAnnual report
「Because a decision was made to change the purpose for which the above assets, previously grouped as business-use assets (the materials storage site), were held to a purpose of sale, their carrying amount was reduced to the recoverable amount, and the reduction of ¥694 million was recognized as an impairment loss and recorded under extraordinary losses.」
Following the change in the purpose for which the materials storage site was held, an impairment loss of ¥694 million was recognized. - FY2017-Q3MaterialisedAnnual report
「As a result of reviewing the future business plan for the shipbuilding business assets in light of deteriorating market conditions and the business environment, it became unlikely that the initially anticipated earnings would be generated. In addition, a decision was made to sell the materials storage site, with no alternative investment planned. Furthermore, the above assets, which had been grouped as common assets used for employee welfare facilities, became idle during the nine months ended Q3, and no future use was planned. Accordingly, the carrying amount of the assets was reduced to their recoverable amount, and the reduction of ¥4,222 million was recognized as an impairment loss and recorded under extraordinary losses.」
Following deteriorating market conditions and the business environment in the shipbuilding business, the decision to sell the materials storage site, and the assets becoming idle, an impairment loss of ¥4,222 million was recognized.