Impairment Risk for Owned Assets
First written in FY2016. 6 of 15 entries say "Materialised", first in FY2017. Latest entry: FY2026.
Ichimasa Kamaboko moved to the "Worse" side of this theme in 2017, 2 years before the typical company in this theme (2019).
The whole theme swung hardest in 2020: 13 of 15 companies on the "Worse" side.
14 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「The Group recognized impairment losses on the following asset groups. Idle assets Higashi Ward, Niigata City and other locations Machinery and equipment, vehicles and other assets 9,714 Other Indonesia Goodwill 86,644 Total 96,359」
The impairment loss increased from ¥21.429 million in the previous fiscal year to ¥96.359 million, as goodwill impairment occurred at an Indonesian subsidiary in addition to impairment of idle assets. - FY2025WorsenedAnnual report
「Consolidated fiscal year (from 1 July 2024 to 30 June 2025) The Group recognized impairment losses on the following asset groups. Idle assets Higashi Ward, Niigata City and other locations Machinery and equipment, vehicles and other assets 21,429 Total 21,429」
The impairment loss on idle assets was ¥21.429 million, up from ¥3.842 million in the previous fiscal year. The impairment risk associated with held assets continues to materialize as an actual loss, and the amount is increasing. - FY2024MitigatedAnnual report
「The Group recognized impairment losses on the following asset groups. Idle assets Higashi Ward, Niigata City and other locations Machinery and equipment, vehicles and other assets 3,842 Total 3,842」
The impairment loss on idle assets was ¥3.842 million, down from ¥6.417 million in the previous fiscal year. The loss impact from impairment of held assets has diminished. - FY2022MitigatedAnnual report
「Consolidated fiscal year The Group recognized impairment losses on the following asset groups. Idle assets Higashi Ward, Niigata City and other locations Machinery and equipment, vehicles and other assets 6,169 Total 6,169」
The impairment loss on idle assets was ¥6.169 million, a substantial decrease from ¥158.665 million in the previous fiscal year. The economic rationality of investment and holding decisions is reviewed at management meetings and monitored after implementation. - FY2021MitigatedAnnual report
「During the consolidated fiscal year, a ¥158.665 million impairment loss was recognized on idle assets because they are unlikely to be used in the future.」
The impairment loss on idle assets was ¥158.665 million, a substantial decrease from ¥1,024.643 million in the previous fiscal year, including the amount related to the Chinese subsidiary. The loss impact of risks associated with held assets has diminished. - FY2021-Q3RestatedAnnual report
「Because the idle assets above are unlikely to be used in the future, their future recoverability was reviewed. Their carrying amount was reduced to the recoverable amount, and the decrease was recognized as an impairment loss under extraordinary losses.」
A ¥156.605 million impairment loss was recognized on idle assets in Chuo Ward, Niigata City because they are unlikely to be used. The impairment recognized through the previous quarter was also confirmed in the cumulative results for the first 3 quarters. - FY2021-Q2MaterialisedAnnual report
「Idle assets Chuo Ward, Niigata City Buildings and structures, land and other assets 156,605 Because the idle assets above are unlikely to be used in the future, their future recoverability was reviewed. Their carrying amount was reduced to the recoverable amount, and the decrease was recognized as an impairment loss under extraordinary losses.」
A ¥156.605 million impairment loss was recognized on idle assets in Chuo Ward, Niigata City because they are unlikely to be used. The risk of a decline in the value of held assets has materialized as an actual loss. - FY2020WorsenedAnnual report
「Special losses totaled ¥800 million, down ¥432 million from the previous consolidated fiscal year, due to the recognition of a ¥40 million loss on liquidation of a subsidiary, a ¥57 million provision for losses on liquidation of a subsidiary, and a ¥1,024 million impairment loss, including a reassessment of the asset value of 一正農業科技（常州）有限公司, a consolidated subsidiary, following the suspension of its production.」
A ¥1,024 million impairment loss was recognized following the suspension of production at a Chinese subsidiary. The impairment risk associated with held assets is materializing as a larger loss than in the previous fiscal year. - FY2020-Q3MaterialisedAnnual report
「Loss on valuation of investment securities － 43,031」
A loss on valuation of investment securities of ¥43.031 million was recorded for the cumulative third quarter, indicating that a decline in the value of held assets materialized as a loss. - FY2020-Q2MaterialisedAnnual report
「Loss on valuation of investment securities － 27,847」
A loss on valuation of investment securities of ¥27.847 million was recorded for the cumulative second quarter, indicating that a decline in the value of held assets materialized as a loss. - FY2018MaterialisedAnnual report
「Consolidated fiscal year The Group recorded impairment losses on the following asset groups. Purpose Location Type Amount (¥ thousand) Idle assets Higashi Ward, Niigata City, and other locations Machinery and transportation equipment, and other assets 15,499 Total 15,499」
An impairment loss of ¥15.499 million was also recorded on idle assets in the current fiscal year, indicating that the impairment risk of held assets has materialized as an actual loss. - FY2017MaterialisedAnnual report
「During the consolidated fiscal year, the company recorded an impairment loss of ¥40.040 million on idle assets because they were unlikely to be used in the future.」
An impairment loss of ¥40.04 million was also incurred on idle assets in the current fiscal year, indicating that the impairment risk of held assets has materialized as an actual loss. - FY2016First statedAnnual report
「If the value of assets held by the Group, such as property, plant and equipment and investment securities, declines, or if the business environment changes, the Group will conduct any impairment testing and recognize impairment losses required, which may affect its operating results and financial position.」
The company recorded an impairment loss of ¥254.712 million in the current fiscal year, of which ¥248.208 million related to assets used in the mushroom business in China.