Risk of Impairment of Fixed Assets
First written in FY2016. 8 of 22 entries say "Materialised", first in FY2017-Q2. Latest entry: FY2026.
KENKO Mayonnaise moved to the "Worse" side of this theme in 2017, 4 years before the typical company in this theme (2021).
The whole theme swung hardest in 2025: 14 of 21 companies on the "Worse" side.
13 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「The company recorded an impairment loss on property, plant and equipment in the "Prepared Foods-related Business and Other" segment. The amount recorded during the current interim consolidated accounting period was ¥184 million.」
An impairment loss of ¥184 million was recorded in the prepared-foods-related business and other operations. The loss was attributed to the decision to close the production plant in Aizuwakamatsu and demolish the former production plant in Shiraoi. - FY2026-H1WorsenedAnnual report
「The company recorded an impairment loss on property, plant and equipment in the "Prepared Foods-related Business and Other" segment. The amount recorded during the current interim consolidated accounting period was ¥184 million.」
An impairment loss on fixed assets of ¥184 million was recorded in the prepared-foods-related business and other operations, compared with zero impairment losses in the previous interim period. - FY2023-Q1RestatedAnnual report
「The company assumes that the impact will continue for a certain period extending at least through the fiscal year ending March 2023. However, if the spread or severity of COVID-19 worsens and social and economic activity is restricted, additional impairment losses on property, plant and equipment and reversals of deferred tax assets may arise.」
The company continues to disclose the assumption that the impact of the infection will continue for a certain period during the fiscal year ending March 2023, as well as the possibility of additional impairment of property, plant and equipment if social and economic activity is restricted. - FY2022-Q3RestatedAnnual report
「The company assumes that the impact will continue for a certain period extending at least through the fiscal year ending March 2022. However, if the spread or severity of COVID-19 worsens and social and economic activity is restricted, additional impairment losses on property, plant and equipment and reversals of deferred tax assets may arise.」
The company reaffirmed its assumption that the impact of the infection will continue for a certain period during the fiscal year ending March 2022, as well as the possibility of additional impairment of property, plant and equipment if social and economic activity is restricted. - FY2021Impairment indicators identified at a specific plant, but no impairment recognizedAnnual report
「Kanto Diet Cook Co., Ltd., Kanagawa Plant: ¥4,867 million. Although the plant recorded a profit during the current consolidated fiscal year, impairment of tangible or intangible fixed assets may arise in the next consolidated fiscal year depending on changes in assumptions underlying estimates, including future sales and cost-reduction plans.」
The company assessed the Kanagawa Plant for impairment indicators but determined that no impairment loss needed to be recognized in the current fiscal year. However, the possibility of impairment resulting from changes to future plans remains. - FY2021-Q3RestatedAnnual report
「The company assumes that the impact will continue for a certain period extending at least through the fiscal year ending March 2021. However, if the spread or severity of COVID-19 worsens and social and economic activity is restricted, additional impairment losses on property, plant and equipment and reversals of deferred tax assets may arise.」
The company continues to disclose the possibility of additional impairment losses on property, plant and equipment if social and economic activity is restricted, based on the assumption that the impact of the infection will continue for a certain period during the fiscal year ending March 2021. - FY2021-Q2RestatedAnnual report
「The company continues to assume that the impact will persist for a certain period extending at least through the fiscal year ending March 2021. However, if the spread or severity of COVID-19 worsens, resulting in another declaration of a state of emergency and restrictions on social and economic activity, additional impairment losses on property, plant and equipment and reversals of deferred tax assets may arise.」
The company continues to disclose the risk of additional impairment losses on property, plant and equipment if social and economic activity is restricted, based on the assumption that the impact of the infection will continue for a certain period during the fiscal year ending March 2021. - FY2021-Q1WorsenedAnnual report
「The company assumes that the impact will continue for a certain period extending at least through the fiscal year ending March 2021. However, if the spread or severity of COVID-19 worsens, resulting in another declaration of a state of emergency and restrictions on social and economic activity, additional impairment losses on property, plant and equipment and reversals of deferred tax assets may arise.」
The company newly specifies the possibility of additional impairment losses on property, plant and equipment if the infection resurges and a state of emergency is declared again. - FY2020MaterialisedAnnual report
「The breakdown of impairment losses recorded during the current consolidated fiscal year is as follows. For idle assets, the company determined that the full carrying amount was unrecoverable and recorded an impairment loss of ¥4 million as an extraordinary loss.」
The company recorded an impairment loss of ¥4 million on idle assets, and the impairment risk for property, plant and equipment also materialized in the current fiscal year. - FY2020-Q3RestatedAnnual report
「Impairment losses: ¥1 million」
The company recorded an impairment loss of ¥1 million during the cumulative third quarter, indicating that the impairment risk for property, plant and equipment continues to materialize. - FY2020-Q2MaterialisedAnnual report
「Impairment losses: ¥1 million」
The company recorded an impairment loss of ¥1 million during the cumulative second quarter, indicating that the impairment risk for property, plant and equipment continues to materialize. The final loss amount has been quantified. - FY2019WorsenedAnnual report
「Impairment loss: ¥44 million」
The full-year impairment loss on property, plant and equipment was ¥44 million, up from ¥3 million in the previous fiscal year. - FY2019-Q3WorsenedAnnual report
「Impairment loss: ¥23 million」
The impairment loss for the cumulative third quarter was ¥23 million, up from ¥22 million in the previous period. - FY2019-Q2WorsenedAnnual report
「Impairment loss 22」
The impairment loss for the cumulative second quarter was ¥22 million, up from ¥19 million in the previous cumulative first quarter. The impairment risk for property, plant and equipment continues to materialize. - FY2019-Q1WorsenedAnnual report
「Impairment losses 19」
The company recorded an impairment loss of ¥19 million during the cumulative first quarter, an increase from the ¥1 million reported previously. - FY2018-Q2MaterialisedAnnual report
「Impairment losses: ¥1 million」
The company recorded an impairment loss of ¥1 million on property, plant and equipment during the cumulative second quarter, indicating that the impairment risk has materialized. - FY2018-Q1MaterialisedAnnual report
「Impairment losses: ¥1 million」
The company recorded an impairment loss of ¥1 million on property, plant and equipment in the first quarter, indicating that the impairment risk has materialized. - FY2017MaterialisedAnnual report
「The company determined that the full carrying amount of idle assets was unrecoverable and recorded an impairment loss of ¥3 million as an extraordinary loss.」
The company recorded an impairment loss of ¥3 million on idle assets, including those in Yamanashi Prefecture, and the risk of impairment of property, plant and equipment also materialized in the current fiscal year. - FY2017-Q3MaterialisedAnnual report
「Impairment loss: ¥7 million」
The company recorded an impairment loss of ¥7 million in its quarterly consolidated statement of income for the cumulative third quarter, indicating that the risk of impairment of property, plant and equipment continues to materialize. - FY2017-Q2MaterialisedAnnual report
「Impairment loss: ¥2 million」
The company recorded an impairment loss of ¥2 million in its quarterly consolidated statement of income, indicating that a loss associated with the risk of impairment of property, plant and equipment has arisen. - FY2017-Q1RestatedAnnual report
「There have been no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The Company stated that there were no significant changes regarding the risk of impairment of fixed assets. - FY2016First statedAnnual report
「However, if recovery of the investment becomes unlikely due to a decline in fair value or profitability resulting from rapid changes in the external environment, the company may record an impairment loss, which could affect business performance and financial position.」
The company indicates the possibility that investments may become unrecoverable and that impairment losses may arise due to declines in asset value and profitability.