Changes in Investment Value and Risk That Investments Cannot Be Recovered
First written in FY2016. 11 of 12 entries say "Materialised", first in FY2018-Q2. Latest entry: 2026-10-30.
Sojitz moved to the "Worse" side of this theme in 2017, 7 years before the typical company in this theme (2024).
The whole theme swung hardest in 2024: 39 of 92 companies on the "Worse" side.
48 other companies' latest entry also says "Materialised".
- 2026-10-30MaterialisedFinancial results presentation
「GC減損損失」
豪州グレゴリー・クライナム原料炭事業の譲渡に関する上半期損益の内訳として、減損損失を実績として記載した。 - FY2026MaterialisedAnnual report
「In addition, based on the results of the impairment test for the current consolidated fiscal year, an impairment loss of ¥6,190 million was recorded in losses on the liquidation of affiliates because the recoverable amount was below the carrying amount. The carrying amount of the goodwill after the impairment loss at the end of the current consolidated fiscal year was ¥3,646 million.」
An impairment loss of ¥6,190 million was recognized on goodwill related to the Australian used-car wholesale and retail business, causing the risks of fluctuations in investment value and inability to recover the investment to materialize. - FY2025MaterialisedAnnual report
「Impairment loss on goodwill △936」
An impairment loss of ¥936 million was recognized on goodwill related to the Australian used-car wholesale and retail business as uncertainty increased in estimating its recoverable amount. - FY2024MaterialisedAnnual report
「Primarily due to a decline in the long-term market outlook, the future cash flows assumed in the previous business plan could no longer be expected. As the asset was impaired to its recoverable amount of ¥7,451 million, an impairment loss of ¥3,379 million was recognized.」
An impairment loss of ¥3,379 million was recognized on the North Sea oil and gas interests against the backdrop of a decline in the long-term market outlook, causing the risk of fluctuations in investment value to materialize. - FY2023MaterialisedAnnual report
「Investments accounted for using the equity method include an investment in an intermediate holding company that invests in a company operating an offshore wind power business in Taiwan through the subsidiary Sojitz Europe plc (UK) (hereinafter, the “Operating Company”). During the current consolidated fiscal year, the intermediate holding company conducted an impairment test after indicators of impairment were identified in its equity-method investment in the Operating Company. Because the recoverable amount was below the carrying amount of the investment in the Operating Company, an impairment loss was recognized, leaving the company in a net liability position.」
An impairment loss was recognized on the investment in the offshore wind power business in Taiwan, causing the risk of fluctuations in investment value and inability to recover the investment to materialize as a loss accompanied by a net liability position. - FY2023-Q3MaterialisedAnnual report
「During the nine months ended the third quarter of the current consolidated fiscal year, losses related to copper mining interests arising from the asset rotation policy were included in losses on the liquidation of affiliates in the Metals, Resources and Recycling segment.」
Losses on copper mining interests arising from the asset rotation policy were recognized as losses on the liquidation of affiliates, causing the risks of fluctuations in investment value and inability to recover investments to materialize as actual losses. - FY2022MaterialisedAnnual report
「The principal impairment losses recognized during the current consolidated fiscal year related to an equity-method investment held by a subsidiary included in the Infrastructure and Healthcare segment that operates a communications infrastructure business, and goodwill of a subsidiary included in the Metals, Resources and Recycling segment that operates a carbon-related business. Impairment losses of ¥3,432 million and ¥2,352 million, respectively, were recognized.」
New impairment losses were recognized on the equity-method investment in the communications infrastructure business and the goodwill associated with the carbon-related business due to deterioration in the outlook for future cash flows. - FY2018-Q3MaterialisedAnnual report
「During the nine months ended the third quarter of the current consolidated fiscal year, the company recognized losses related to oil and gas interests in the Energy segment.」
Losses related to oil and gas interests were also recognized in the nine months ended the third quarter, with the risks of fluctuations in investment value and inability to recover investments continuing to materialize as losses. - FY2018-Q2MaterialisedAnnual report
「During the six months ended the second quarter of the current consolidated fiscal year, the company recognized losses related to oil and gas interests in the Energy segment.」
Losses related to investments in equity interests were actually recognized, bringing the risks of fluctuations in investment value and inability to recover investments to the surface. - FY2016First statedAnnual report
「As one of its principal business activities, the Group invests in a variety of businesses and is exposed to the risk of fluctuations in investment value in business investments and investments in equity interests.」
The company states that it manages investment risk through screening new projects, IRR hurdle rates, post-investment reviews and exit conditions.