Impairment Risk for Fixed Assets Due to Deteriorating Business Conditions
First written in FY2023. 3 of 8 entries say "Materialised", first in FY2024-Q3. Latest entry: 2026-08-12.
Kibun Foods moved to the "Worse" side of this theme in 2026, 5 years after the typical company in this theme (2021).
The whole theme swung hardest in 2026: 67 of 129 companies on the "Worse" side.
58 other companies' latest entry also says "Materialised".
- 2026-08-12MaterialisedEarnings
「Impairment losses on property, plant and equipment were recognized in the Domestic Food Business segment and Food-Related Business segment.」
Impairment losses on property, plant and equipment amounted to ¥9,001 thousand in the Domestic Food Business segment and ¥690 thousand in the Food-Related Business segment. - FY2026WorsenedAnnual report
「During the current consolidated fiscal year, impairment losses of ¥274.281 million were recorded on the surimi product manufacturing facilities of KIBUN FOODS INC. (Eniwa, Hokkaido, and elsewhere), the business-use facilities of KIBUN BUSINESS CREATE Co., Ltd., and the business-use facilities of KIBUN HONG KONG COMPANY LIMITED.」
Impairment losses on fixed assets increased from ¥98.465 million in the previous fiscal year to ¥274.281 million, with losses recorded on business-use facilities in Hong Kong as well as in Japan. - 2026-05-15WorsenedRevision of earnings forecasts
「Impairment loss 98,465 274,281」
Impairment losses on property, plant and equipment increased from ¥98,465 thousand to ¥274,281 thousand, indicating a wider crystallization of impairment amid worsening business conditions. - FY2026-H1RestatedAnnual report
「The Domestic Food Business segment recorded impairment losses on fixed assets. The impairment losses recorded during the current interim consolidated accounting period amounted to ¥65.463 million for the Domestic Food Business.」
Impairment losses on fixed assets of ¥65.463 million were again recorded in the Domestic Food Business during the interim period, indicating the continued materialization of impairment risk due to deterioration in the business environment. - FY2025-H1MaterialisedAnnual report
「The Domestic Food Business and Food-Related Business segments recorded impairment losses on fixed assets. The impairment losses recorded during the current interim consolidated accounting period were ¥57.147 million for the Domestic Food Business and ¥17.778 million for the Food-Related Business.」
Impairment losses on fixed assets continued during the interim period, with ¥57.147 million recorded for the Domestic Food Business and ¥17.778 million for the Food-Related Business. - FY2024WorsenedAnnual report
「During the current consolidated fiscal year, profitability at 北食 Co., Ltd. declined due to a significant deterioration in its business environment. For other business assets, operating losses had continued and the possibility of improving profitability in the following fiscal year was considered low. Accordingly, the carrying amounts were reduced to their recoverable amounts, and the reductions were recorded as impairment losses under extraordinary losses.」
Impairment losses on fixed assets totaled ¥349.976 million for the full fiscal year, up from ¥71.918 million in the previous fiscal year. In addition to lower profitability at 北食, impairment losses were recorded on multiple assets in the Domestic Food Business and Food-Related Business. - FY2024-Q3MaterialisedAnnual report
「The Domestic Food Business and Food-Related Business segments recorded impairment losses on fixed assets. The impairment losses recorded during the nine-month period of the current consolidated fiscal year were ¥47.359 million for the Domestic Food Business and ¥108.754 million for the Food-Related Business.」
Impairment losses on fixed assets were actually recorded and disclosed at ¥47.359 million for the Domestic Food Business and ¥108.754 million for the Food-Related Business. - FY2023First statedAnnual report
「If results deteriorate in the future due to a sudden change in the business environment or other factors, reducing the profitability of these business-use facilities, the Group's results could be affected.」
The company identifies the possibility of impairment losses on business-use facilities such as factories due to deteriorating results and lower profitability as a risk.