Impact on financial results from impairment of fixed assets
First written in FY2017. 13 of 21 entries say "Restated". Latest entry: 2026-06-03.
Fukutome Meat Packers moved to the "Worse" side of this theme in 2021, 1 year before the typical company in this theme (2022).
The whole theme swung hardest in 2022: 5 of 6 companies on the "Worse" side.
5 other companies' latest entry also says "Materialised".
- FY2026-H1MaterialisedAnnual report
「At an extraordinary meeting of the Board of Directors held on 1 October 2025, we resolved to relocate the head office and research and development center, close the Kokura factory, and consolidate the manufacturing process at the Hiroshima factory. As a result, the above asset group, comprising operating and common-use assets, became idle assets. Accordingly, its carrying amount was reduced to the recoverable amount, and the reduction of ¥103 million was recognized as an impairment loss under extraordinary losses.」
An impairment loss of ¥103 million was recognized in connection with the relocation of the head office and research and development center, closure of the Kokura factory, and consolidation of the manufacturing process at the Hiroshima factory. The risk of impairment of fixed assets has materialized as an actual loss. - FY2024MitigatedAnnual report
「There were no impairment losses recognized during the current consolidated fiscal year.」
The risk of impairment of fixed assets continues to be disclosed, but no impairment loss was recognized during the fiscal year. - FY2024-Q2RestatedAnnual report
「During the second-quarter cumulative consolidated period, there were no significant changes in matters described in the quarterly report concerning the business and financial positions that could materially affect investors’ decisions, or in “II. Business Overview, 3. Business and Other Risks” of the annual securities report for the previous fiscal year.」
The company explicitly states that there have been no material changes to existing risks, including the impact of impairment losses on fixed assets. - FY2022WorsenedAnnual report
「Because profit and loss from operating activities has remained negative for the fixed assets used in our business, their carrying amount was reduced to the recoverable amount, and the reduction of ¥550 million was recognized as an impairment loss under extraordinary losses.」
Due to continuing operating losses, an impairment loss of ¥550 million was recognized on operating assets in Okayama, Hiroshima and Kitakyushu, substantially increasing the impact of the risk. - FY2022-Q3RestatedAnnual report
「During the third-quarter cumulative consolidated period, there were no significant changes in matters described in the quarterly report concerning the business and financial positions that could materially affect investors’ decisions, or in “II. Business Overview, 2. Business and Other Risks” of the annual securities report for the previous fiscal year.」
The company explicitly states that there have been no material changes to existing risks, including the impact of impairment losses on fixed assets. - FY2021-Q3MaterialisedAnnual report
「Impairment loss ¥4 million」
An impairment loss of ¥4 million was recognized as an extraordinary loss for the cumulative third quarter, indicating that the risk of impairment of fixed assets has materialized as an actual loss. - FY2021-Q2RestatedAnnual report
「During the second-quarter cumulative consolidated period, there were no significant changes in matters described in the quarterly report concerning the business and financial positions that could materially affect investors’ decisions, or in “II. Business Overview, 2. Business and Other Risks” of the annual securities report for the previous fiscal year.」
The company explicitly states that there have been no material changes to existing risks, including the impact of impairment losses on fixed assets. - FY2020-Q3RestatedAnnual report
「During the third-quarter cumulative consolidated period, there were no significant changes in matters described in the quarterly report concerning the business and financial positions that could materially affect investors’ decisions, or in “II. Business Overview, 2. Business and Other Risks” of the annual securities report for the previous fiscal year.」
The company explicitly states that there have been no material changes to existing risks, including the impact of impairment losses on fixed assets. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no material changes to existing risks, including the impact of impairment losses on fixed assets. - FY2020-Q1RestatedAnnual report
「During the first-quarter cumulative consolidated period, there were no significant changes from the matters described in “II. Business Overview, 2. Business and Other Risks” of the annual securities report for the previous consolidated fiscal year.」
The company explicitly states that there have been no material changes to existing risks, including the impact of impairment losses on fixed assets. - FY2019MaterialisedAnnual report
「Because production at the factory held as part of the operating assets of consolidated subsidiary Matsudo Fukutome Co., Ltd. is scheduled to cease and the factory is scheduled to close, the carrying amount was reduced to the recoverable amount, and the reduction of ¥65 million was recognized as an impairment loss under extraordinary losses.」
An impairment loss of ¥65 million was recognized in connection with the scheduled cessation of production and closure of the Matsudo Fukutome factory. - FY2019-Q3RestatedAnnual report
「During the third-quarter cumulative consolidated period, there were no significant changes in matters described in the quarterly report concerning the business and financial positions that could materially affect investors’ decisions, or in “II. Business Overview, 2. Business and Other Risks” of the annual securities report for the previous fiscal year.」
The company explicitly states that there have been no material changes to existing risks, including the impact of impairment losses on fixed assets. - FY2019-Q2RestatedAnnual report
「During the second-quarter cumulative consolidated period, there were no significant changes from the matters described in “II. Business Overview, 2. Business and Other Risks” of the annual securities report for the previous consolidated fiscal year.」
The company explicitly states that there have been no material changes to existing risks, including the impact of impairment losses on fixed assets. - FY2019-Q1RestatedAnnual report
「During the first-quarter cumulative consolidated period, there were no significant changes from the matters described in “II. Business Overview, 2. Business and Other Risks” of the annual securities report for the previous consolidated fiscal year.」
The company explicitly states that there have been no material changes to existing risks, including the impact of impairment losses on fixed assets. - FY2018RestatedAnnual report
「If the application of the accounting standard for impairment of fixed assets requires impairment losses to be recognized on fixed assets held by the group, this may affect the group's results.」
The company continues to disclose the impact of impairment losses on fixed assets as a risk. - FY2018-Q3RestatedAnnual report
「During the third-quarter cumulative consolidated period, there were no significant changes in matters described in the quarterly report concerning the business and financial positions that could materially affect investors’ decisions, or in “II. Business Overview, 4. Business and Other Risks” of the annual securities report for the previous fiscal year.」
The company explicitly states that there have been no material changes to existing risks, including the impact of impairment losses on fixed assets. - FY2018-Q2RestatedAnnual report
「During the second-quarter cumulative consolidated period, there were no significant changes from the matters described in “II. Business Overview, 4. Business and Other Risks” of the annual securities report for the previous consolidated fiscal year.」
The company explicitly states that there have been no material changes to existing risks, including the impact of impairment losses on fixed assets. - FY2018-Q1RestatedAnnual report
「During the first-quarter cumulative consolidated period, there were no significant changes from the matters described in “II. Business Overview, 4. Business and Other Risks” of the annual securities report for the previous consolidated fiscal year.」
The company explicitly states that there have been no material changes to existing risks, including the impact of impairment losses on fixed assets. - FY2017First statedAnnual report
「If the application of the accounting standard for impairment of fixed assets requires impairment losses to be recognized on fixed assets held by the group, this may affect the group's results.」
The impact on results if impairment losses become necessary for fixed assets at business locations is identified as a risk for the first time.