Uncertainties and Impairment Risk Associated with Investments in New Business Areas
First written in FY2020. 6 of 11 entries say "Materialised", first in FY2020. Latest entry: 2026-08-06.
Wellneo Sugar moved to the "Worse" side of this theme in 2023, 1 year after the typical company in this theme (2022).
The whole theme swung hardest in 2019: 10 of 27 companies on the "Worse" side.
26 other companies' latest entry also says "Materialised".
- 2026-08-06MaterialisedEarnings
「On the other hand, net sales increased but profit declined due to the recognition of impairment losses in the first quarter, among other factors.」
The Fitness business recognized impairment losses of ¥163 million in the first quarter, resulting in higher revenue but lower profit. - FY2026MitigatedAnnual report
「During the current consolidated fiscal year, primarily at 株式会社日新ウエルネス, the company reviewed the future business plans for each store. As a result, because recovery of the investments was no longer expected, it reduced the carrying amount of the cash-generating units, including goodwill, to their recoverable amount and recognized the resulting decrease of ¥407 million as an impairment loss.」
Impairment losses continued to arise in the fitness business, but declined from ¥589 million in the previous fiscal year to ¥407 million. - FY2025WorsenedAnnual report
「During the current consolidated fiscal year, 株式会社日新ウエルネス reviewed the future business plans for each store. As a result, because recovery of the investments was no longer expected, it reduced the carrying amount of the cash-generating units, including goodwill, to their recoverable amount and recognized the resulting decrease of ¥589 million as an impairment loss.」
Impairment risk in the fitness business continued to materialize, with the impairment loss increasing from ¥173 million in the previous fiscal year to ¥589 million in the current fiscal year. - FY2024MaterialisedAnnual report
「During the current consolidated fiscal year, 株式会社日新ウエルネス reviewed the future profit plans for each store. As a result, because recovery of the investments was no longer expected, it reduced the carrying amount of the cash-generating units to their recoverable amount and recognized the resulting decrease of ¥173 million as an impairment loss.」
A ¥173 million impairment loss on store assets was incurred for the full year as a result of a review of the future profit plan for the Health Industry business. - FY2024-Q3MaterialisedAnnual report
「The impairment loss of ¥36 million for the nine-month period ended in the third quarter of the current consolidated fiscal year resulted from reducing the carrying amounts of buildings and structures, right-of-use assets and other assets in the Health Industry segment to their recoverable amounts due to declining profitability.」
A ¥36 million impairment loss was incurred on buildings and structures, right-of-use assets and other assets due to declining profitability in the Health Industry segment. - FY2023MaterialisedAnnual report
「Meanwhile, the segment loss was ¥204 million, compared with a segment loss of ¥71 million in the previous fiscal year, due to the impact of soaring fuel costs and the recognition of an impairment loss of ¥145 million following a review of the future profit plans for each store in the valuation of property, plant and equipment.」
An impairment loss of ¥145 million on property, plant and equipment and other assets was actually incurred as a result of a review of the future profit plan for the Health Industry business. - FY2022RestatedAnnual report
「However, because investment involves uncertainty, we conduct careful reviews through the Investment Screening Committee, Management Committee and Board of Directors. Nevertheless, changes in the business environment or other factors may prevent us from generating the initially anticipated profits. In such cases, we may recognize impairment losses on property, plant and equipment, goodwill or investments, which could affect the business performance and financial position of our group.」
The company continues to disclose the uncertainty and impairment risks associated with new businesses and growth investments, and indicates that these investments are reviewed by the Investment Screening Committee, Management Committee and Board of Directors. - FY2020MaterialisedAnnual report
「Meanwhile, following a review of the future profit plan for the business, the company recognized an impairment loss of ¥203 million.」
An impairment loss of ¥203 million was actually incurred in the film business of ツキオカフィルム製薬 as a result of a review of its future profit plan in connection with investment in a new business area.