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Treasure Factory (3093) · RiskRestated

Declining Systems Business Profitability and Investment Recovery Risk

First written in FY2022-Q2. 1 of 2 entries say "Materialised", first in FY2022-Q2. Latest entry: FY2022.

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2years
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ProgressHeldSoftenedWorseMaterialisedFY2022-Q22021: 120212022: 12022
Same theme, other companies
Impairment risk for real estate and fixed assets due to land prices, profitability, and deteriorating market conditionsA theme 403 companies write about · 418 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2020: 51 of 96 companies on the "Worse" side.

36 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 189 companies compared. The sentences above are computed from all 189.Comparing 200 of the theme's 418 threads.
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  1. FY2022RestatedAnnual report

    「The system business incurred an operating loss due to increased development costs and other factors.」

    The increase in development costs and operating loss in the system business are restated. In addition, an impairment loss of ¥56.171 million was recorded for goodwill in the system business.
  2. FY2022-Q2MaterialisedAnnual report

    「For assets (goodwill) in the system business included in “Other” whose profitability has declined and for which recovery of the investment is no longer expected, the carrying amount is reduced to the recoverable amount, with the reduction recorded as an impairment loss under extraordinary losses. The reduction in goodwill attributable to this event was ¥56.171 million for the six-month period ended in the current second quarter.」

    As recovery of the investment became unlikely due to declining profitability in the system business, an impairment loss of ¥56.171 million was recorded for goodwill.
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Declining Systems Business Profitability and Investment Recovery Risk | Treasure Factory Co.,LTD. (3093) | Komori