Impairment Losses Due to Declining Profitability at the Kushiro Plant
First written in FY2018-Q2. 12 of 24 entries say "Worsened", first in FY2019-Q3. Latest entry: FY2026.
Warabeya Nichiyo Holdings moved to the "Worse" side of this theme in 2019, 1 year before the typical company in this theme (2020).
The whole theme swung hardest in 2025: 43 of 77 companies on the "Worse" side.
28 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Due to lower profitability of fixed assets held at the Kushiro plant and elsewhere, their carrying amounts were reduced to recoverable amounts, and the resulting decrease was recognized as an impairment loss under extraordinary losses.」
Impairment losses due to lower profitability at plants and other facilities decreased from ¥1,084 million in the previous fiscal year to ¥75 million in the current fiscal year. - FY2025-H1MitigatedAnnual report
「Impairment losses ¥687 million ¥283 million」
Impairment losses decreased from ¥687 million in the same period of the previous year to ¥283 million in the interim period. Impairment losses recognized due to lower profitability at plants and other facilities contracted year on year. - FY2025-Q1MitigatedAnnual report
「Impairment losses ¥112 million ¥54 million」
Impairment losses decreased from ¥112 million in the same period of the previous year to ¥54 million for the cumulative first quarter of the current fiscal year. - FY2024Full-year update to the impairment scope and amount recognizedAnnual report
「The Group recognized impairment losses on the following asset groups during the current consolidated fiscal year.」
Impairment losses for the full year totaled ¥939 million. The assets included for sale in Tochigi, Tochigi Prefecture, idle assets in Mitsuke, Niigata Prefecture, and the Iwate, Kagawa and Kushiro plants, among others. - FY2024-Q3WorsenedAnnual report
「Impairment loss 749 807」
The impairment loss increased from ¥749 million in the same period of the previous year to ¥807 million for the nine-month period of the current fiscal year. - FY2024-Q2Update to the impairment loss recognized for the six-month period of the 60th fiscal yearAnnual report
「Impairment loss 661 687」
The impairment loss increased from ¥661 million in the same period of the previous year to ¥687 million for the six-month period of the current fiscal year. - FY2023WorsenedAnnual report
「Kushiro Plant (Kushiro City, Hokkaido) Operating assets (plant) Lease assets, etc. 368」
Impairment losses were recognized in the current fiscal year due to lower profitability of fixed assets, including ¥368 million related to the Kushiro Plant. - FY2023-Q3WorsenedAnnual report
「Impairment loss 297 749」
The impairment loss increased from ¥297 million in the same period of the previous year to ¥749 million for the nine-month period of the current fiscal year. The amount recognized also increased from ¥661 million for the six-month period of the 59th fiscal year, as impairment losses associated with lower profitability at plants and other facilities continued to be recognized. - FY2023-Q2WorsenedAnnual report
「Impairment loss 283 661」
The impairment loss increased from ¥283 million in the same period of the previous year to ¥661 million for the six-month period of the current fiscal year. The cumulative amount shifted to an increase from the declining trend in the first quarter of the 59th fiscal year. - FY2023-Q1MitigatedAnnual report
「Impairment loss 191 143」
The impairment loss decreased from ¥191 million in the same period of the previous year to ¥143 million for the three-month period of the current fiscal year. - FY2022MitigatedAnnual report
「Extraordinary losses amounted to ¥303 million, down ¥1,466 million, or 82.8%, from the previous fiscal year, due to the recognition of impairment losses.」
Impairment losses associated with lower profitability at plants and other facilities decreased from ¥1,673 million in the previous fiscal year to ¥303 million in the current fiscal year. - FY2022-Q3WorsenedAnnual report
「In the Food-Related Business, the carrying amount of fixed assets at some plants operated by わらべや日洋株式会社 was reduced to their recoverable amount because of a decline in profitability, and the reduction was recorded as an impairment loss under extraordinary losses. The impairment loss recognized for the nine-month period of the current consolidated fiscal year amounted to ¥929 million. In the Ingredients-Related Business, the carrying amount of fixed assets at a plant operated by 日洋フレッシュ株式会社 was reduced to their recoverable amount because of a decline in profitability, and the reduction was recorded as an impairment loss under extraordinary losses. The impairment loss recognized for the nine-month period of the current consolidated fiscal year amounted to ¥346 million.」
The impairment losses amounted to ¥929 million in the Food-Related Business and ¥346 million in the Ingredients-Related Business, increasing to a total of approximately ¥1,275 million. The total amount recognized increased from ¥1,157 million in the six-month period of the 58th fiscal year. - FY2022-Q2MitigatedAnnual report
「Impairment loss 1,157 283」
The impairment loss decreased from ¥1,157 million in the same period of the previous year to ¥283 million for the six-month period of the current fiscal year. - FY2021WorsenedAnnual report
「Because profitability had declined for fixed assets held at the Iwate, Kagawa and Kushiro plants, located in Shiranuka District and Kushiro City, their carrying amounts were reduced to their recoverable amounts, and the reductions were recorded as impairment losses under extraordinary losses.」
The impairment scope covered the Iwate, Kagawa and Kushiro plants, bringing the impairment loss for the fiscal year to ¥1,673 million. The amount related to the Iwate Plant was ¥1,156 million. - FY2021-Q3WorsenedAnnual report
「In the Food-Related Business, the carrying amount of fixed assets at some plants operated by わらべや日洋株式会社 was reduced to their recoverable amount because of a decline in profitability, and the reduction was recorded as an impairment loss under extraordinary losses. The impairment loss recognized for the nine-month period of the current consolidated fiscal year amounted to ¥929 million. In the Ingredients-Related Business, the carrying amount of fixed assets at a plant operated by 日洋フレッシュ株式会社 was reduced to their recoverable amount because of a decline in profitability, and the reduction was recorded as an impairment loss under extraordinary losses. The impairment loss recognized for the nine-month period of the current consolidated fiscal year amounted to ¥346 million.」
The impairment scope covered some plants in the Food-Related Business and a plant operated by 日洋フレッシュ in the Ingredients-Related Business. The amounts recognized were ¥929 million and ¥346 million, respectively. The amount for the Food-Related Business increased from the previous quarter's cumulative period. - FY2021-Q2WorsenedAnnual report
「In the Food-Related Business, the carrying amount of fixed assets at some plants operated by わらべや日洋株式会社 was reduced to their recoverable amount because of a decline in profitability, and the reduction was recorded as an impairment loss under extraordinary losses. The impairment loss recognized for the six-month period of the current consolidated fiscal year amounted to ¥810 million. In the Ingredients-Related Business, the carrying amount of fixed assets at a plant operated by 日洋フレッシュ株式会社 was reduced to their recoverable amount because of a decline in profitability, and the reduction was recorded as an impairment loss under extraordinary losses. The impairment loss recognized for the six-month period of the current consolidated fiscal year amounted to ¥346 million.」
The impairment scope expanded from some plants in the Food-Related Business to a plant operated by 日洋フレッシュ株式会社 in the Ingredients-Related Business. The amounts recognized were ¥810 million and ¥346 million, respectively, for a total of ¥1,157 million. - FY2020WorsenedAnnual report
「Because profitability had declined for fixed assets held at the Kagawa and Kushiro plants, their carrying amounts were reduced to their recoverable amounts, and the reductions were recorded as impairment losses under extraordinary losses. Assets in Tochigi, Tochigi Prefecture, were scheduled to be closed, and because their recoverable amount fell below their carrying amount, the carrying amount was reduced to the recoverable amount, with the reduction recorded as an impairment loss under extraordinary losses.」
The impairment scope expanded from the Kushiro Plant to the Kagawa Plant and assets in Tochigi, Tochigi Prefecture, among others, bringing the full-year impairment loss to ¥882 million. - FY2020-Q3Update to the impairment loss recognizedAnnual report
「In the Food-Related Business, the carrying amount of fixed assets at some plants operated by わらべや日洋株式会社 was reduced to their recoverable amount because of a decline in profitability, and the reduction was recorded as an impairment loss under extraordinary losses. The impairment loss recognized for the nine-month period of the current consolidated fiscal year amounted to ¥656 million.」
Impairment losses associated with lower profitability continued to be recognized on fixed assets at some plants, with ¥656 million recognized for the nine-month period of the 56th fiscal year. - FY2020-Q2WorsenedAnnual report
「In the Food-Related Business, the carrying amount of fixed assets at some plants operated by わらべや日洋株式会社 was reduced to their recoverable amount because of a decline in profitability, and the reduction was recorded as an impairment loss under extraordinary losses. The impairment loss recognized for the six-month period of the current consolidated fiscal year amounted to ¥646 million.」
Impairment losses continued to be recognized on fixed assets at some plants as profitability declined, with an impairment loss of ¥646 million recorded. - FY2019WorsenedAnnual report
「Assets in Musashimurayama, Tokyo, and elsewhere were scheduled for disposal following a review of the products manufactured. Because their recoverable amount fell below their carrying amount, the carrying amount was reduced to the recoverable amount, and the reduction was recorded as an impairment loss under extraordinary losses.」
In addition to lower profitability at the Kushiro Plant, an impairment loss of ¥965 million was recognized on assets scheduled for disposal following a review of the products manufactured, bringing the full-year impairment loss to ¥1,046 million. - FY2019-Q3WorsenedAnnual report
「In the Food-Related Business, the carrying amount of some operating assets held by わらべや日洋株式会社 became idle, and the profitability of fixed assets held by the Kushiro Plant declined. Accordingly, their carrying amounts were reduced to their recoverable amounts, and the reductions were recorded as impairment losses under extraordinary losses. The impairment losses recognized for the nine-month period of the current consolidated fiscal year amounted to ¥698 million and ¥48 million, respectively.」
In addition to lower profitability at the Kushiro Plant, some operating assets held by わらべや日洋 became idle, resulting in an additional impairment loss of ¥698 million. The amount related to the Kushiro Plant was ¥48 million. - FY2018Update to the impairment loss recognizedAnnual report
「Because profitability had declined for fixed assets held at the Kushiro Plant, their carrying amount was reduced to their recoverable amount, and the reduction was recorded as an impairment loss under extraordinary losses.」
The impairment loss associated with lower profitability at the Kushiro Plant amounted to ¥444 million for the full year. - FY2018-Q3Update to the impairment loss recognizedAnnual report
「The impairment loss recognized for the nine-month period of the current consolidated fiscal year amounted to ¥420 million.」
The impairment loss recognized on fixed assets at the Kushiro Plant due to lower profitability amounted to ¥420 million for the nine-month period of the 54th fiscal year, up from ¥377 million for the six-month period. - FY2018-Q2First statedAnnual report
「In the Food-Related Business, the carrying amount of fixed assets held by the Kushiro Plant was reduced to their recoverable amount because of a decline in profitability, and the reduction was recorded as an impairment loss under extraordinary losses. The impairment loss recognized for the six-month period of the current consolidated fiscal year amounted to ¥377 million.」
The fixed assets at the Kushiro Plant were impaired due to lower profitability, and an extraordinary loss of ¥377 million was recorded.