Impairment Risk for Fixed Assets
First written in FY2023. 1 of 3 entries say "Restated". Latest entry: FY2026.
Pickles Holdings 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".
- FY2026MaterialisedAnnual report
「For some operating assets, recovery of the investment amount was no longer expected because of declining profitability. Accordingly, the carrying amount was reduced to the recoverable amount, and the reduction was recognized as an impairment loss under extraordinary losses.」
The Group recognized an impairment loss of ¥59 million on operating assets in Tokorozawa, Saitama Prefecture, due to declining profitability, indicating that the risk of impairment of fixed assets has materialized. - FY2024RestatedAnnual report
「However, if recovery is no longer expected because the profitability of plants and other facilities or the market prices of owned assets have declined significantly, the Group may be required to recognize impairment losses, which could affect its operating results and financial condition.」
The risk of impairment losses due to lower profitability and market prices of fixed assets continues to be disclosed. - FY2023First statedAnnual report
「If recovery is no longer expected because the profitability of plants and other facilities or the market prices of owned assets have declined significantly, the Group may be required to recognize impairment losses, which could affect its operating results and financial condition.」
The possibility of impairment losses arising from lower profitability at plants and other facilities and declining asset prices is disclosed.