Capital Investment Recovery and Delivery Delay Risks
First written in FY2023. 1 of 3 entries say "Restated". Latest entry: FY2025.
Tecnisco moved to the "Worse" side of this theme in 2025, 4 years after the typical company in this theme (2021).
The whole theme swung hardest in 2020: 51 of 96 companies on the "Worse" side.
67 other companies' latest entry also says "Materialised".
- FY2025MaterialisedAnnual report
「Based on future plans that appropriately estimate current market conditions and production levels, the Company examined the recoverability of the investment, reduced the carrying amount of the fixed assets to their recoverable amount, and recognized the resulting reduction of ¥1,271.201 million as an impairment loss under extraordinary losses.」
Following an examination of investment recoverability based on market conditions and production levels, a substantial impairment loss was incurred on equipment and other assets at the three sites. - FY2024RestatedAnnual report
「There is a risk that the capacity added through capital investment may not necessarily contribute to performance. In addition, if replacement of the equipment is delayed due to aging or other factors, there is a risk that production facilities cannot be maintained at their current level.」
The Company continues to address risks and countermeasures relating to the profitability of capital investment, equipment replacement, financing and delivery delays. - FY2023First statedAnnual report
「There is a risk that the capacity added through capital investment may not necessarily contribute to performance. In addition, if replacement of the equipment is delayed due to aging or other factors, there is a risk that production facilities cannot be maintained at their current level.」
The Company is addressing these risks by examining investment returns, introducing general-purpose equipment and carrying out planned replacements.