Impairment Risk for Fixed Assets
First written in FY2021. 4 of 7 entries say "Materialised", first in FY2025. Latest entry: FY2026.
Tomoe moved to the "Worse" side of this theme in 2025, 1 year after the typical company in this theme (2024).
The whole theme swung hardest in 2024: 16 of 44 companies on the "Worse" side.
4 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「During the current consolidated fiscal year, impairment losses of ¥221,156 thousand were recognized on the paint plant in the Steel Structure Construction business and ¥11,459 thousand on investment property and other property in the Kansai region.」
Following the ¥275,818 thousand impairment loss on investment property and other property in the previous fiscal year, a total impairment loss of ¥232,615 thousand arose on the paint plant and other investment property and related assets. - FY2026-H1MaterialisedAnnual report
「Significant impairment losses on property, plant and equipment In the Steel Structure Construction segment, an impairment loss on property, plant and equipment was recognized. The impairment loss recognized during the current interim consolidated accounting period was ¥221,156 thousand.」
With respect to the impairment risk for property, plant and equipment, an impairment loss of ¥221,156 thousand was actually recognized on construction in progress for a paint plant. - FY2025MaterialisedAnnual report
「In transferring the above investment property and other property from property, plant and equipment to real estate held for sale, the carrying amount was reduced to its recoverable amount, and the reduction was recognized as an impairment loss under extraordinary losses.」
With respect to the impairment risk for property, plant and equipment, an impairment loss of ¥275,818 thousand was actually recognized in connection with the transfer of investment property and other property to real estate held for sale. - FY2022RestatedAnnual report
「The Company carefully considers the identification of impairment indicators and the recognition and measurement of impairment losses. However, changes in assumptions underlying business plans, the business environment and other factors may require additional or new impairment charges.」
The risk of impairment of property, plant and equipment due to changes in assumptions underlying business plans and the business environment continues. - FY2021First statedAnnual report
「The Company carefully considers the identification of impairment indicators and the recognition and measurement of impairment losses. However, changes in assumptions underlying business plans, the business environment and other factors may require additional or new impairment charges.」
The possibility that changes in assumptions underlying business plans and the business environment may require additional or new impairment charges on property, plant and equipment was identified as a significant accounting estimate risk.