Impairment Risk of Goodwill and Customer-Related Assets Associated with the Hitachi Plant Construction Business Succession
First written in FY2022. 1 of 2 entries say "Materialised", first in FY2026. Latest entry: FY2026.
Tokyo Energy & Systems moved to the "Worse" side of this theme in 2026, 2 years after the typical company in this theme (2024).
The whole theme swung hardest in 2023: 35 of 97 companies on the "Worse" side.
54 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「During the consolidated fiscal year, the company recognized impairment losses on the following fixed assets: Tokyo Enesys (Thailand) Co., Ltd., operating assets: machinery and transportation equipment, ¥313 million; tools, furniture and fixtures, ¥51 million; intangible fixed assets, ¥5 million.」
The decline in profitability at the Thai subsidiary resulted in impairment losses totaling ¥370 million on machinery and transportation equipment and other assets, crystallizing impairment risk related to the business succession and overseas operations. - FY2022First statedAnnual report
「Goodwill and customer-related assets may fail to generate business progress in line with the original business plan due to rapid changes in the business environment or other factors. In that event, impairment indicators would arise, creating a risk of impairment losses.」
The company has newly specified impairment risk if the business plan is not achieved for goodwill of ¥304 million and customer-related assets of ¥2,367 million recognized in connection with the succession of the thermal power generation-related business.