Impairment Losses Due to Deteriorating Operations and Lack of Near-Term Recovery Prospects
First written in FY2017. 7 of 11 entries say "Worsened", first in FY2018. Latest entry: 2026-04-14.
Quantum Solutions moved to the "Worse" side of this theme in 2018, 3 years before the typical company in this theme (2021).
The whole theme swung hardest in 2026: 70 of 132 companies on the "Worse" side.
25 other companies' latest entry also says "Worsened".
- 2026-04-14WorsenedOccurring Fact
「Impairment loss 982 12,001」
The impairment loss increased from ¥982 thousand in the previous fiscal year to ¥12.001 million in the current fiscal year. - FY2025Impairment Losses Continue but Narrow SharplyAnnual report
「Impairment loss: ¥982 thousand」
An impairment loss of ¥982 thousand was recorded in the AI solutions business during the current consolidated fiscal year. The subject and amount changed from the ¥122.499 million valuation loss on investment securities recorded in the previous fiscal year. - FY2024Recognition of Valuation Losses on Investment SecuritiesAnnual report
「During the current consolidated fiscal year, impairment processing was performed on securities in the amount of ¥122.499 million, comprising ¥122.499 million in shares classified as other securities.」
In addition to impairment losses on operating assets and EV manufacturing and sales rights, a valuation loss of ¥122.499 million was recorded on shares classified as other securities during the current consolidated fiscal year. - FY2023WorsenedAnnual report
「Quantum FOMM Limited, a consolidated subsidiary of the Company, acquired the manufacturing and sales rights for the FOMM ONE EV from FOMM, but, in light of future earnings prospects and recoverability, recorded an impairment loss after setting the recoverable amount at zero.」
The recoverable amount of the EV manufacturing and sales rights was set at zero, and an impairment loss of ¥221.727 million was recorded. - FY2020RestatedAnnual report
「Impairment losses on buildings and structures and tools, furniture and fixtures included in assets held by the head office administration division and the eyelash care business were recorded because, in light of the Group's forecasts for the fiscal year ending February 2021 of revenue of ¥400 million, operating loss of ¥180 million, ordinary loss of ¥180 million and net loss attributable to owners of the parent of ¥180 million, the Group determined that it would be difficult to recover the full amount of its operating assets and recorded their entire carrying amount, ¥12.775 million, as an impairment loss.」
Based on the projected losses for the fiscal year ending February 2021, an impairment loss of ¥12.775 million was recorded on head office and eyelash care business assets, as confirmed in the full-year results. - FY2020-Q3WorsenedAnnual report
「In the system solutions business segment, the Company determined that it would be difficult to recover the full amount of operating assets and recorded an impairment loss. The impairment loss recorded for the nine months ended the third quarter was ¥1.753 million. In the eyelash care business segment, the Company determined that it would be difficult to recover the full amount of operating assets and recorded an impairment loss. The impairment loss recorded for the nine months ended the third quarter was ¥11.022 million.」
New impairment losses of ¥1.753 million in the system solutions business and ¥11.022 million in the eyelash care business were recorded, indicating difficulty recovering operating assets in multiple segments. - FY2020-Q2WorsenedAnnual report
「In the eyelash care business segment, the Company determined that it would be difficult to recover the full amount of operating assets and recorded an impairment loss. The impairment loss recorded for the six months ended the second quarter was ¥10.859 million.」
The Company determined that the operating assets of the eyelash care business were difficult to recover and newly recorded an impairment loss of ¥10.859 million. - FY2019WorsenedAnnual report
「Because the FinTech business assets, namely the mining equipment, failed to generate the expected earnings due to a decline in cryptocurrency trading volume and cryptocurrency market prices, among other factors, the Company determined that it would be difficult to recover the full amount of operating assets related to the mining business and recorded their entire carrying amount, ¥459.688 million, as an impairment loss.」
An impairment loss of ¥459.688 million was recorded on mining equipment, bringing the full-year impairment loss, including assets of the eyelash care business and other assets, to ¥638.015 million. - FY2019-Q3WorsenedAnnual report
「In light of these circumstances, the Company determined that it would be difficult to recover the full amount of operating assets related to the mining business and decided to record an extraordinary loss. The impairment loss recorded for the nine months ended the third quarter was ¥460.618 million.」
The Company determined that assets related to the mining business were difficult to recover and recorded an impairment loss of ¥460.618 million. This exceeded the ¥276.619 million impairment loss recorded in the previous fiscal year for assets of the eyelash care business. - FY2018WorsenedAnnual report
「Goodwill of ¥276.619 million relating to assets of the eyelash care business」
An impairment loss of ¥276.619 million was recorded on goodwill relating to assets of the eyelash care business, an increase from the ¥209.908 million impairment loss recorded in the previous fiscal year. - FY2017First statedAnnual report
「Because operating results deteriorated and a short-term recovery was not expected, the carrying amount was reduced to the recoverable amount, and the reduction of ¥209.908 million was recorded as an impairment loss under extraordinary losses.」
An impairment loss totaling ¥209.908 million was recorded for assets related to multiple businesses because future cash flows were not expected, among other reasons, as reported for the first time in the annual results.