Impairment Risk from Idle Assets and Declining Land Prices
First written in FY2016. 10 of 30 entries say "Worsened", first in FY2017. Latest entry: FY2026.
Takizawa Ham moved to the "Worse" side of this theme in 2016, 4 years before the typical company in this theme (2020).
The whole theme swung hardest in 2026: 10 of 16 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「In the consolidated fiscal year under review, the carrying amount of idle assets was written down to their recoverable amount, and the resulting decrease of ¥43.268 million was recorded as an impairment loss under extraordinary losses.」
The impairment loss on idle assets increased sharply from ¥133 thousand in the previous fiscal year to ¥43.268 million. Impairment risk is expanding as an actual loss. - FY2025MitigatedAnnual report
「In the consolidated fiscal year under review, the carrying amount of idle assets was written down to their recoverable amount, and the resulting decrease of ¥133 thousand was recorded as an impairment loss under extraordinary losses.」
The impairment loss on idle assets was ¥133 thousand, down from ¥180 thousand in the previous fiscal year. Impairment continued, but the amount incurred decreased. - FY2024MitigatedAnnual report
「In the consolidated fiscal year under review, the carrying amount of idle assets was written down to their recoverable amount, and the resulting decrease of ¥180 thousand was recorded as an impairment loss under extraordinary losses.」
The impairment loss on idle assets was ¥180 thousand, down from ¥783 thousand in the previous fiscal year. Impairment continued, but the amount incurred decreased. - FY2024-Q3MitigatedAnnual report
「Impairment losses 783 339」
Impairment losses for the nine months ended the third quarter were ¥339 thousand, down from ¥783 thousand in the same period of the previous year. Impairment of property, plant and equipment occurred, but the amount incurred decreased. - FY2024-Q1MitigatedAnnual report
「Impairment losses 783 133」
Impairment losses for the first quarter were ¥133 thousand, down from ¥783 thousand in the same period of the previous year. Impairment of property, plant and equipment occurred, but the amount incurred decreased. - FY2023-Q2RestatedAnnual report
「Impairment losses 267 783」
Impairment losses for the six months ended the second quarter were ¥783 thousand, exceeding the ¥267 thousand recorded in the same period of the previous year. The amount is the same as that reported for the previous quarter, indicating that impairment of property, plant and equipment is continuing. - FY2023-Q1WorsenedAnnual report
「Impairment losses 267 783」
Impairment losses for the first quarter were ¥783 thousand, up from ¥267 thousand in the same period of the previous year. Impairment risk for property, plant and equipment continues to materialize as actual losses, and the amount incurred is increasing. - FY2022Impairment of business-use buildings associated with a litigation judgmentAnnual report
「In addition, a court judgment ordered the company to vacate the buildings at certain directly operated stores. The buildings that are no longer expected to be used as a result of the judgment were written down to their memorandum values, and the resulting decrease of ¥7.135 million was recorded as an impairment loss under extraordinary losses.」
In addition to the ¥267 thousand impairment loss on idle land, a ¥7.135 million impairment loss was recognized on business-use buildings in connection with the judgment ordering their vacation. Total impairment losses were ¥7.402 million, down from ¥12.503 million in the previous fiscal year. - FY2022-Q3RestatedAnnual report
「Impairment loss 133 267」
The impairment loss in the cumulative nine-month period was ¥267 thousand, exceeding ¥133 thousand in the same period of the previous year. The amount was unchanged from the cumulative second-quarter period, reaffirming that fixed-asset impairment continues. - FY2022-Q2WorsenedAnnual report
「Impairment loss 133 267」
The impairment loss in the cumulative second-quarter consolidated period was ¥267 thousand, up from ¥133 thousand in the same period of the previous year. The risk of fixed-asset impairment continues to materialize as an actual loss. - FY2022-Q1Increase in first-quarter impairment lossesAnnual report
「Impairment loss 133 267」
The impairment loss in the first quarter was ¥267 thousand, up from ¥133 thousand in the same period of the previous year. The risk of fixed-asset impairment continues to materialize as an actual loss. - FY2021WorsenedAnnual report
「In addition, the Company plans to discontinue some offices and other facilities as a result of the merger. Among the assets at those offices, assets no longer expected to be used were impaired to their memorandum value, and the resulting decrease of ¥12.369 million was recognized as an impairment loss under extraordinary losses.」
While total full-year impairment losses decreased from ¥26.328 million in the previous fiscal year to ¥12.503 million, a new impairment loss of ¥12.369 million arose on assets at offices and other facilities scheduled for discontinuation as a result of the merger. - FY2021-Q3MitigatedAnnual report
「Impairment loss 211 133」
The impairment loss in the cumulative nine-month period was ¥133 thousand, down from ¥211 thousand in the same period of the previous year. Impairment occurred, but the amount decreased. - FY2021-Q2MitigatedAnnual report
「Impairment loss 211 133」
The impairment loss in the cumulative second-quarter period was ¥133 thousand, down from ¥211 thousand in the same period of the previous year. Impairment occurred, but the amount decreased. - FY2021-Q1MitigatedAnnual report
「Impairment loss 211 133」
The impairment loss in the first quarter was ¥133 thousand, down from ¥211 thousand in the same period of the previous year. Impairment occurred, but the amount decreased. - FY2020WorsenedAnnual report
「During the consolidated fiscal year, the carrying amounts of business-use assets and idle assets were reduced to their recoverable amounts, and the resulting decrease of ¥26.328 million was recognized as an impairment loss under extraordinary losses. The recoverable amount of the business-use assets was measured based on value in use, which was assessed at zero because no future cash flows were expected.」
The impairment loss increased from ¥904 thousand in the previous fiscal year to ¥26.328 million, affecting business-use assets as well as idle assets. The value in use of business-use assets for which no future cash flows are expected was assessed at zero. - FY2020-Q1MitigatedAnnual report
「Impairment loss 904 211」
The impairment loss in the first quarter was ¥211 thousand, down from ¥904 thousand in the same period of the previous year. Impairment arising from idled assets, declining land prices and other factors occurred, but the amount decreased. - FY2019WorsenedAnnual report
「During the consolidated fiscal year, the carrying amount of idle assets was reduced to their recoverable amount, and the resulting decrease of ¥904 thousand was recognized as an impairment loss under extraordinary losses.」
The impairment loss on idle assets was ¥904 thousand, up from ¥448 thousand in the previous fiscal year. - FY2019-Q1WorsenedAnnual report
「Impairment loss 448 904」
Impairment losses on fixed assets increased from ¥448 thousand in the same period of the previous year to ¥904 thousand, with the impairment risk arising from idled assets, declining land prices and other factors expanding into an actual loss in the first quarter. - FY2018MitigatedAnnual report
「During the consolidated fiscal year, the carrying amount of idle assets was reduced to their recoverable amount, and the resulting decrease of ¥448 thousand was recognized as an impairment loss under extraordinary losses.」
The impairment loss on idle assets was ¥448 thousand, down significantly from ¥59.829 million in the previous fiscal year, and was limited to idle land. - FY2018-Q3MaterialisedAnnual report
「Impairment loss 519 448」
The company recognized an impairment loss of ¥448 thousand in the cumulative nine-month consolidated period, and the risk of fixed-asset impairment continues to materialize as an actual loss. - FY2018-Q2MaterialisedAnnual report
「Impairment loss 519 448」
The company recognized an impairment loss of ¥448 thousand in the cumulative second-quarter consolidated period, and the risk of fixed-asset impairment continues to materialize as an actual loss. - FY2018-Q1MaterialisedAnnual report
「Impairment loss 519 448」
The company recognized an impairment loss of ¥448 thousand in the cumulative first-quarter consolidated period, and the risk of fixed-asset impairment continues to materialize as an actual loss. - FY2017WorsenedAnnual report
「Operating income was ¥501 million, up 176.2% year on year, as a result of efforts to increase sales and reduce costs. The current fiscal year saw higher sales and higher profit, and business performance recovered.」
While business performance improved, the company recognized an impairment loss of ¥59 million, mainly on idle land and other assets, up from ¥1.101 million in the previous fiscal year. The scale of the fixed-asset impairment risk has increased. - FY2017-Q3MaterialisedAnnual report
「Impairment loss 1,101 519」
An impairment loss of ¥519 thousand was recognized in the quarterly consolidated income statement for the cumulative nine-month period, showing that the risk of fixed-asset impairment continues to materialize as an actual loss. - FY2017-Q2MaterialisedAnnual report
「Impairment loss 1,002 519」
The company recognized an impairment loss of ¥519 thousand in the cumulative second-quarter consolidated period, and the risk of fixed-asset impairment continues to materialize as an actual loss. - FY2017-Q1MaterialisedAnnual report
「Impairment loss 921 519」
The company recognized an impairment loss of ¥519 thousand in the cumulative first-quarter consolidated period, and the risk of fixed-asset impairment continues to materialize as an actual loss. - FY2016First statedAnnual report
「If fixed assets and leased assets held by the Group become idle, or the fair value of land declines significantly, impairment charges may be required, which could affect the Group's business performance and financial position.」
The company recognized an impairment loss of ¥1.101 million on idle assets during the current fiscal year, showing that the risk of fixed-asset impairment has been recorded as an actual loss.