End of Condensed Milk Production at the Okoppe Plant and Impairment of Plant Assets
First written in FY2026-H1. 2 of 4 entries say "Advanced", first in 2026-05-14. Latest entry: FY2026.
0 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The company decided to end production at the Okoppe Plant of MEGMILK SNOW BRAND Co.,Ltd. As no alternative investment is planned, it examined the future recoverability of the operating assets, reduced their carrying amount to the recoverable amount, and recognized the decrease of ¥2,154 million as an impairment loss under extraordinary losses.」
The policy of ending production at the Okoppe Plant has been made specific through the recognition of a ¥2,154 million impairment loss, the planned end of production in March 2027, and the conversion of the condensed milk business to a fabless model. - FY2026-H1First statedAnnual report
「On 14 November 2025, the company decided to end production of products at its Okoppe Plant in Okoppe, Monbetsu District, Hokkaido. As the company will end its condensed milk production and has no plans for alternative investment, it reviewed the grouping of the plant assets using the smallest unit generating independent cash flows and determined that the plant assets showed indications of impairment.」
The company decided to end condensed milk production at the Okoppe Plant and not to make alternative investments, and recognized an impairment loss of ¥2,106 million on the plant assets.