Impairment Losses Due to Lower Profitability and Land Prices
First written in FY2016. 12 of 24 entries say "Restated". Latest entry: FY2026.
S&B Foods moved to the "Worse" side of this theme in 2016, 5 years before the typical company in this theme (2021).
The whole theme swung hardest in 2020: 50 of 97 companies on the "Worse" side.
28 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Impairment loss 129」
Impairment losses for the current consolidated fiscal year amounted to ¥129 million, up from ¥3 million in the previous fiscal year. Of this amount, ¥128 million related to plant assets in Ueda and other locations, and ¥1 million related to idle assets. - 2026-05-13WorsenedEarnings
「当連結会計年度の減損損失は3百万円となり、前期の709百万円から大幅に減少した。」
この決算短信では、減損損失は129百万円と開示されており、前期の3百万円から増加している。 - FY2025MitigatedAnnual report
「Impairment loss ¥3 million」
Impairment losses for the current consolidated fiscal year amounted to ¥3 million, a substantial decrease from ¥709 million in the previous fiscal year. Most of the previous fiscal year’s impairment losses were related to fixed assets associated with the transfer of the prepared foods business. - FY2024WorsenedAnnual report
「In connection with the transfer of the prepared foods business of consolidated subsidiary ヒガシヤデリカ, impairment losses of ¥706 million were recognized on fixed assets held by the company that were scheduled to be disposed of or sold.」
Impair losses increased from ¥20 million in the previous fiscal year to ¥709 million in the current fiscal year, mainly due to impairment of fixed assets associated with the transfer of the prepared foods business. - FY2023WorsenedAnnual report
「Impairment losses 20 － － 20」
Impairment losses of ¥20 million were recognized in the food business, up from ¥6 million in the previous fiscal year. - FY2023-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, there were no occurrences of the major risks that management recognizes as potentially having a material impact on the financial condition, operating results or cash flows of the Company and its consolidated subsidiaries (collectively, the "Group"), among the matters concerning the business and financial conditions described in this quarterly report, nor were there any material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no developments or material changes concerning the risk of impairment losses due to lower profitability and declining land prices. - FY2022MaterialisedAnnual report
「Impairment losses 6 － － 6」
Impairment losses of ¥6 million were recognized in the food business during the current consolidated fiscal year, demonstrating that the impairment risk arising from lower profitability, declining land prices and other factors has materialized. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter of the fiscal year, there were no occurrences of the major risks that management recognizes as potentially having a material impact on the financial condition, operating results or cash flows of the Company and its consolidated subsidiaries (collectively, the "Group"), among the matters concerning the business and financial conditions described in this quarterly report, nor were there any material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no developments or material changes concerning the risk of impairment losses due to lower profitability and declining land prices. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no material changes to the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the company and its consolidated subsidiaries, collectively referred to as the group, among the matters concerning the business and accounting situations described in this quarterly securities report, or to the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The disclosure states that there have been no developments or material changes concerning the risk of impairment losses due to lower profitability and declining land prices. - FY2021MaterialisedAnnual report
「Impairment losses of ¥227 million were recognized on factory land and idle assets held by the Group whose recoverable amount was below their carrying amount due to the continued decline in land prices and other factors.」
Impairment losses of ¥227 million were incurred on factory land and other assets in Bando, Ibaraki Prefecture, due to declining land prices and other factors. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter of the fiscal year, there were no occurrences of the major risks that management recognizes as potentially having a material impact on the financial condition, operating results or cash flows of the Company and its consolidated subsidiaries (collectively, the "Group"), among the matters concerning the business and financial conditions described in this quarterly report, nor were there any material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no developments or material changes concerning the risk of impairment losses due to lower profitability and declining land prices. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no material changes to the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the company and its consolidated subsidiaries, collectively referred to as the group, among the matters concerning the business and accounting situations described in this quarterly securities report, or to the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The disclosure states that there have been no developments or material changes concerning the risk of impairment losses due to lower profitability and declining land prices. - FY2020MaterialisedAnnual report
「As of the current consolidated fiscal year (1 April 2019 to 31 March 2020), impairment losses of ¥295 million were recognized on fixed assets held by a consolidated subsidiary whose recoverable amount was below its carrying amount after taking into account the current business environment, future earnings prospects and other factors.」
While the large impairment loss at the Iwate Plant related to the prepared foods business was no longer present, impairment losses totaling ¥298 million were incurred on the plant in Yaizu, Shizuoka Prefecture, and other assets. - FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no new developments or material changes concerning the risk of impairment losses due to lower profitability and declining land prices. - FY2020-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The disclosure states that there have been no new developments or material changes concerning the risk of impairment losses due to lower profitability and declining land prices. - FY2019RestatedAnnual report
「In the current consolidated fiscal year, impairment losses of ¥1,670 million were recognized on fixed assets held by a consolidated subsidiary whose recoverable amount was below its carrying amount after taking into account the current business environment, future earnings prospects and other factors.」
The full-year results confirm that impairment losses of ¥1,670 million were recognized on fixed assets related to the prepared foods business, including the Iwate Plant. - FY2019-Q3MaterialisedAnnual report
「In the prepared foods segment, impairment losses were recognized on fixed assets held by the Iwate Plant, whose recoverable amount was below its carrying amount after taking into account the current business environment, future earnings prospects and other factors. The impairment loss recognized during the nine-month period of the current consolidated fiscal year amounted to ¥1,670 million.」
Impairment losses of ¥1,670 million were recognized on fixed assets at the Iwate Plant in the prepared foods business, bringing impairment losses on the consolidated statement of income to ¥1,673 million. - FY2019-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The disclosure states that there have been no new developments or material changes concerning the risk of impairment losses due to lower profitability and declining land prices. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, no new business or other risks arose. There were also no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
The disclosure states that there have been no new developments or material changes concerning the risk of impairment losses due to lower profitability and declining land prices. - FY2018MaterialisedAnnual report
「Impairment losses for the current consolidated fiscal year amounted to ¥4 million.」
Impair losses of ¥4 million were recognized in the food business during the current consolidated fiscal year. Although this was down from ¥15 million in the previous fiscal year, the impairment risk has materialized. - FY2018-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no new developments or material changes concerning the risk of impairment losses due to lower profitability and declining land prices. - FY2017MaterialisedAnnual report
「Impairment losses for the current consolidated fiscal year amounted to ¥15 million.」
The impairment risk related to lower profitability and declining land prices materialized again in the current consolidated fiscal year, with impairment losses of ¥15 million. - FY2017-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no new developments or material changes concerning the risk of impairment losses due to lower profitability and declining land prices. - FY2016MaterialisedAnnual report
「If lower profitability, declining land prices or other factors make it necessary to recognize impairment losses, the Group’s results of operations and financial position may be affected.」
In the current consolidated fiscal year, impairment losses of ¥142 million were recognized on idle assets due to the continued decline in land prices and other factors.