Impairment Loss on Idle Assets in the Feed Business
First written in FY2020-Q1. 3 of 17 entries say "Mitigated", first in FY2025. Latest entry: FY2026.
The whole theme swung hardest in 2019: 6 of 13 companies on the "Worse" side.
5 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「The decrease of ¥4 million was recognized as an impairment loss and recorded under extraordinary losses.」
Impairment losses decreased from ¥88 million in the previous fiscal year to ¥4 million. - FY2026-H1MitigatedAnnual report
「In the livestock feed business, the carrying amounts of assets no longer expected to be used in the future were reduced to their recoverable amounts, and ¥4 million was recognized as an impairment loss and recorded under extraordinary losses.」
Impairment losses for the interim period amounted to ¥4 million, down from ¥47 million in the same period of the previous year. - FY2025MitigatedAnnual report
「The reductions related to the decision to sell land and other matters, as well as reductions in the carrying amounts of operating assets no longer expected to be used in the future, resulted in a decrease of ¥88 million, which was recognized as an impairment loss and recorded under extraordinary losses.」
Impairment losses decreased from ¥204 million in the previous fiscal year to ¥88 million. - FY2024Full-year impairment loss of ¥204 million recognizedAnnual report
「The reductions related to declining profitability and other factors, as well as reductions in the carrying amounts of operating assets no longer expected to be used in the future, resulted in a decrease of ¥204 million, which was recognized as an impairment loss and recorded under extraordinary losses.」
For FY2024, the Company recorded total impairment losses of ¥204 million on pig farming facilities, food processing facilities, idle assets related to aquaculture, idle land in Moji Ward and other assets. - FY2024-Q3Cumulative third-quarter impairment loss of ¥94 million recognizedAnnual report
「In the “Food Business” segment, the carrying amounts of assets no longer expected to be used in the future were reduced to their recoverable amounts, and ¥74 million was recognized as an impairment loss and recorded under extraordinary losses. In addition, impairment losses not allocated to reportable segments amounted to ¥20 million.」
For the cumulative third quarter, the Company recorded impairment losses of ¥74 million in the food business and ¥20 million in the unallocated portion, for a total of ¥94 million. - FY2024-Q2Cumulative second-quarter impairment losses recognizedAnnual report
「Impairment losses not allocated to reportable segments amounted to ¥6 million.」
For the cumulative second quarter, the Company recorded ¥6 million in impairment losses not allocated to reportable segments. - FY2023Full-year impairment losses increased to ¥208 millionAnnual report
「The reductions related to the decision to sell land and other matters, as well as reductions in the carrying amounts of operating assets no longer expected to be used in the future, resulted in a decrease of ¥208 million, which was recognized as an impairment loss and recorded under extraordinary losses.」
Full-year impairment losses for FY2023 amounted to ¥208 million, up from ¥143 million in the previous fiscal year. This included ¥178 million for land held as rental assets and ¥7 million for feed manufacturing facilities, among other items. - FY2023-Q3Cumulative third-quarter impairment losses increasedAnnual report
「In the “Feed Business” segment, the carrying amounts of assets no longer expected to be used in the future were reduced to their recoverable amounts, and ¥7 million was recognized as an impairment loss and recorded under extraordinary losses. In addition, impairment losses not allocated to reportable segments amounted to ¥200 million.」
For the cumulative FY2023-Q3, the Company recorded impairment losses of ¥7 million in the feed business and ¥200 million in the unallocated portion. These increased from ¥2 million in the feed business and ¥141 million in the unallocated portion in the same period of the previous year. - FY2023-Q1Impairment loss of ¥22 million recorded in the first quarterAnnual report
「Impairment losses not allocated to reportable segments amounted to ¥22 million.」
In FY2023-Q1, the Company recorded ¥22 million in impairment losses not allocated to reportable segments. - FY2022Full-year impairment loss of ¥143 million confirmedAnnual report
「The reductions related to the decision to sell land and other matters, as well as reductions in the carrying amounts of operating assets no longer expected to be used in the future, resulted in a decrease of ¥143 million, which was recognized as an impairment loss and recorded under extraordinary losses.」
For FY2022, the Company recorded ¥143 million in impairment losses on rental assets, idle land and feed manufacturing facilities. - FY2022-Q3Impairment loss of ¥143 million recognizedAnnual report
「In the “Feed Business” segment, the carrying amounts of assets no longer expected to be used in the future were reduced to their recoverable amounts, and ¥2 million was recognized as an impairment loss and recorded under extraordinary losses. In addition, impairment losses not allocated to reportable segments amounted to ¥141 million.」
The Company recorded impairment losses of ¥2 million in the feed business and ¥141 million in the unallocated portion, for a total of ¥143 million. - FY2022-Q1Unallocated impairment losses increasedAnnual report
「Impairment losses not allocated to reportable segments amounted to ¥26 million.」
Impairment losses not allocated to reportable segments increased from ¥14 million in the same period of the previous year to ¥26 million. - FY2021-Q2Major facilities at 門司飼料 suspendedAnnual report
「During the cumulative second quarter consolidated period, the following major facility was suspended. 門司飼料㈱ (Moji Ward, Kitakyushu, Fukuoka Prefecture) Feed Business Feed manufacturing facility Total 472」
The feed manufacturing facility of 門司飼料㈱ is listed as a major suspended facility. Its total carrying amount was ¥472 million. - FY2021-Q1Unallocated impairment losses recognizedAnnual report
「Impairment losses not allocated to reportable segments amounted to ¥14 million.」
For the cumulative first quarter, the Company recorded ¥14 million in impairment losses not allocated to reportable segments, rather than as idle assets in the feed business. - FY2020-Q3RestatedAnnual report
「In the “Feed Business” segment, ¥4 million was recognized as an impairment loss and recorded under extraordinary losses because part of the operating assets became idle.」
For the feed business’s idle assets, an impairment loss of ¥4 million was also recorded for the cumulative third quarter. - FY2020-Q2Impairment losses on idle assets continue to be recognizedAnnual report
「In the “Feed Business” segment, ¥4 million was recognized as an impairment loss and recorded under extraordinary losses because part of the operating assets became idle.」
For the feed business’s idle assets, an impairment loss of ¥4 million was recorded for the cumulative second quarter. - FY2020-Q1First statedAnnual report
「In the “Feed Business” segment, ¥3 million was recognized as an impairment loss and recorded under extraordinary losses because part of the operating assets became idle.」
Part of the operating assets in the feed business became idle, and an impairment loss of ¥3 million was recorded under extraordinary losses.