Risk of Impairment of Fixed Assets Due to Lower Profitability
First written in FY2018. 3 of 9 entries say "Worsened", first in FY2019. Latest entry: FY2025.
Care Twentyone moved to the "Worse" side of this theme in 2020, 1 year 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".
- FY2025WorsenedAnnual report
「The Group recognized impairment losses of ¥309 million during the consolidated fiscal year under review.」
Impairment losses increased from ¥164 million in the previous fiscal year to ¥309 million, indicating that the actual incidence of fixed-asset impairment due to declining profitability has increased. - FY2024MitigatedAnnual report
「The Company recognized impairment losses of ¥164 million during the consolidated fiscal year under review.」
Impairment losses decreased from ¥538 million in the previous fiscal year to ¥164 million, indicating that the actual incidence of fixed-asset impairment due to declining profitability has eased. However, impairment itself has continued. - FY2022MitigatedAnnual report
「Extraordinary losses for the consolidated fiscal year under review decreased by ¥72 million from the previous consolidated fiscal year to ¥137 million. The main reason for the decrease in extraordinary losses was a ¥71 million decrease in impairment losses.」
Impairment losses decreased from ¥208 million in the previous fiscal year to ¥136 million, indicating that the actual incidence of fixed-asset impairment due to declining profitability has eased. However, impairment losses were still recognized at paid nursing homes, group homes and day-care services, among others. - FY2021WorsenedAnnual report
「Extraordinary losses for the consolidated fiscal year under review increased by ¥106 million from the previous consolidated fiscal year to ¥209 million. The main reason for the increase in extraordinary losses was a ¥107 million increase in impairment losses.」
Impairment losses increased from ¥100.762 million in the previous fiscal year to ¥208.162 million, indicating that the actual incidence of fixed-asset impairment risk due to declining profitability has increased. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter of the consolidated fiscal year under review, software under development of ¥11.266 million relating to software for which further development was no longer expected was written down, and an impairment loss of ¥11.266 million was recorded as an extraordinary loss.」
The impairment loss of ¥11.266 million related to software for which further development was no longer expected continues to be reported as an actual result for the cumulative third quarter. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the consolidated fiscal year under review, software under development of ¥11.266 million relating to software for which further development was no longer expected was written down, and an impairment loss of ¥11.266 million was recorded as an extraordinary loss.」
The impairment loss of ¥11.266 million related to software for which further development was no longer expected continues to be reported as an actual result for the cumulative second quarter. - FY2020-Q1MaterialisedAnnual report
「During the cumulative first quarter of the consolidated fiscal year under review, software under development of ¥11.266 million relating to software for which further development was no longer expected was written down, and an impairment loss of ¥11.266 million was recorded as an extraordinary loss.」
An impairment loss of ¥11.266 million was actually recognized for software for which further development was no longer expected. - FY2019WorsenedAnnual report
「Meanwhile, during the consolidated fiscal year under review, the Company recognized impairment losses of ¥407 million on fixed assets relating to business locations whose profitability had declined.」
Impairment losses related to business locations with declining profitability totaled ¥407 million, up from ¥180 million in the previous fiscal year. The actual incidence of fixed-asset impairment risk has increased. - FY2018First statedAnnual report
「If the profitability of group companies holding fixed assets declines in the future, impairment losses may need to be recognized, which could affect the group’s financial position and operating results.」
For the first time, separately identifies the risk of impairment losses caused by declining profitability of fixed assets. Impairment losses of ¥180,547 thousand were recognized during the fiscal year.