Risk of Impairment of Fixed Assets
First written in FY2016. 3 of 9 entries say "Restated". Latest entry: FY2026.
Chuco moved to the "Worse" side of this theme in 2018, 2 years before the typical company in this theme (2020).
The whole theme swung hardest in 2020: 68 of 116 companies on the "Worse" side.
28 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Our group has applied impairment accounting since the fiscal year ended March 2006 and regularly assesses the fair value and profitability of assets held. However, if a decline in an asset's fair value or deterioration in its profitability makes recovery of the investment unlikely, we may recognise an impairment loss.」
The company continues to regularly assess the fair value and profitability of assets held and disclose impairment risks arising from lower recoverability of the investment. No impairment loss was recognised in the current period. - FY2025MaterialisedAnnual report
「株式会社関西ぱど recognised the full unamortised balance of goodwill relating to its acquisition as an impairment loss because, in light of its business conditions, earnings were not expected to be generated within the initially anticipated period.」
株式会社関西ぱど recognised an impairment loss of ¥14.775 million on goodwill arising from its acquisition, as earnings were not expected within the anticipated period. - FY2023RestatedAnnual report
「Our group has applied impairment accounting since the fiscal year ended March 2006 and regularly assesses the fair value and profitability of assets held. However, if a decline in an asset's fair value or deterioration in its profitability makes recovery of the investment unlikely, we may recognise an impairment loss.」
The company continues to disclose impairment risks arising from lower recoverability, based on regular assessments of the fair value and profitability of assets held. - FY2021MaterialisedAnnual report
「Because operating results from business-use assets were negative for 2 consecutive periods, we reduced their carrying amounts to their recoverable amounts and recognised the reduction as an impairment loss under extraordinary losses.」
Against a backdrop of continued operating losses, the company actually recognised an impairment loss of ¥131.207 million on land, buildings and other assets. - FY2020ReframedAnnual report
「We have applied impairment accounting since the fiscal year ended March 2006 and regularly assess the fair value and profitability of assets held. However, if a decline in an asset's fair value or deterioration in its profitability makes recovery of the investment unlikely, we may recognise an impairment loss.」
The description has been reorganised from a listing of the fair value and utilisation of property, plant and equipment to an explanation of impairment risk based on regular assessments of the fair value and profitability of assets held and the recoverability of the investment. - FY2019SoftenedAnnual report
「We have applied impairment accounting since the fiscal year ended March 2006. However, our performance could be affected depending on future trends in the fair value of property, plant and equipment, how those assets are used, and the cash flows generated by them, among other factors.」
The reference to goodwill arising from a business acquisition, which was explicitly included in the previous filing, is absent from this filing, and the scope of impairment risks is limited to property, plant and equipment. - FY2018ReframedAnnual report
「However, our performance could be affected depending on progress against the business plan for goodwill recognised in connection with the acquisition of a business, future trends in the fair value of property, plant and equipment, how those assets are used, and the cash flows generated by them, among other factors.」
In addition to the existing impairment risks relating to property, plant and equipment, the company explicitly identifies progress against the business plan for goodwill recognised in a business acquisition as an impairment factor, broadening the scope of the risks covered. - FY2017RestatedAnnual report
「However, our performance could be affected depending on future trends in the fair value of property, plant and equipment, how those assets are used, and the cash flows generated by them, among other factors.」
The company continues to disclose impairment risks relating to the fair value and utilisation of property, plant and equipment and the cash flows they generate. - FY2016First statedAnnual report
「The group's performance could be affected depending on future trends in the fair value of property, plant and equipment, how those assets are used, and the cash flows generated by them, among other factors.」
Although the company currently judges the likelihood of material impairment losses to be low, it discloses future factors as risks.