Earnings decline due to increased depreciation burden from large-scale capital investment
First written in FY2018-Q2. 1 of 26 entries say "Materialised", first in FY2018. Latest entry: FY2026.
The whole theme swung hardest in 2020: 7 of 20 companies on the "Worse" side.
8 other companies' latest entry also says "Other".
- FY2026Depreciation expense declined significantlyAnnual report
「Depreciation expense decreased to ¥5,240 million from ¥6,137 million in the previous fiscal year」
Depreciation expense decreased by ¥897 million year on year due to the transfer of facilities, withdrawal from businesses and other factors, and the depreciation burden following the major capital investments narrowed on a full-year basis. - FY2025Depreciation expense decreased year on yearAnnual report
「Depreciation expense decreased to ¥5,240 million from ¥6,137 million in the previous fiscal year」
Depreciation expense decreased by ¥897 million from the previous fiscal year, and the depreciation burden following the major capital investments also narrowed on a full-year basis. - FY2025-H1Depreciation expense decreased year on yearAnnual report
「Depreciation expense 2,956 2,738」
Depreciation expense for the six-month consolidated period was ¥2,738 million, down from ¥2,956 million in the same period of the previous year. The depreciation burden following the major capital investments narrowed year on year. - FY2024Increase in depreciation expense acceleratesAnnual report
「Depreciation expense 5,421 6,137」
Depreciation expense increased from ¥5,421 million in the previous fiscal year to ¥6,137 million, and the depreciation burden following the major capital investments is continuing. - FY2024-Q3Continued Increase in Depreciation ExpenseAnnual report
「Depreciation expense ¥3,930 million ¥4,519 million」
Depreciation expense for the nine-month period was ¥4,519 million, up ¥589 million from ¥3,930 million in the same period of the previous year. The increase in the depreciation burden following the capital investments is continuing. - FY2024-Q2Continued Increase in Depreciation ExpenseAnnual report
「Depreciation expense 2,522 2,956」
Depreciation expense for the six-month period was ¥2,956 million, up ¥434 million from ¥2,522 million in the same period of the previous year. The depreciation burden following the major capital investments is continuing. - FY2024-Q1Continued Increase in Depreciation ExpenseAnnual report
「Depreciation expense ¥1,214 million ¥1,446 million」
Depreciation expense for the first quarter was ¥1,446 million, up from ¥1,214 million in the same quarter of the previous year. The depreciation burden following the major capital investments is continuing. - FY2023Increase in depreciation and amortization expenseAnnual report
「Depreciation expense increased to ¥5,421 million from ¥5,246 million in the previous fiscal year」
Depreciation expense following the major capital investments increased by ¥175 million from the previous year, and the burden following the capital investments is continuing. - FY2023-Q3Depreciation expense continues to increaseAnnual report
「Depreciation expense ¥3,793 million ¥3,930 million」
Depreciation expense for the nine-month period increased from ¥3,793 million in the same period of the previous year to ¥3,930 million, and the depreciation burden following the major capital investments is continuing. - FY2023-Q2Continued Increase in Depreciation ExpenseAnnual report
「Depreciation expense 2,426 2,522」
Depreciation expense for the six-month period increased from ¥2,426 million in the same period of the previous year to ¥2,522 million, and the depreciation burden following the capital investments is continuing. - FY2023-Q1Depreciation expense turns upwardAnnual report
「Depreciation expense ¥1,170 million ¥1,214 million」
Depreciation expense for the first quarter was ¥1,214 million, up from ¥1,170 million in the same quarter of the previous year. The depreciation burden, which had been declining year on year, has turned upward. - FY2022-Q3Depreciation expense continues to increaseAnnual report
「Depreciation expense ¥3,661 million ¥3,793 million」
Depreciation expense for the nine-month period increased from ¥3,661 million in the same period of the previous year to ¥3,793 million, and the depreciation burden following the capital investments has continued year on year. - FY2022-Q2Depreciation expense turns to year-on-year growthAnnual report
「Depreciation expense 2,412 2,426」
Depreciation expense for the six-month period was ¥2,426 million, up from ¥2,412 million in the same period of the previous year. The depreciation burden, which had been declining year on year, has turned upward. - FY2022-Q1Depreciation expense continues to declineAnnual report
「Depreciation expense ¥1,204 million ¥1,170 million」
Depreciation expense for the first quarter was ¥1,170 million, down from ¥1,204 million in the same quarter of the previous year. The depreciation burden following the major capital investments has declined year on year. - FY2021-Q3Depreciation expense continues to declineAnnual report
「Depreciation expense ¥3,918 million ¥3,661 million」
Depreciation expense for the nine-month period decreased from ¥3,918 million in the same period of the previous year to ¥3,661 million, and the depreciation burden following the major capital investments has declined year on year. - FY2021-Q2Depreciation expense continues to declineAnnual report
「Depreciation expense 2,548 2,412」
Depreciation expense for the six-month period was ¥2,412 million, down from ¥2,548 million in the same period of the previous year. The depreciation burden following the major capital investments has declined year on year. - FY2021-Q1Depreciation expense decreased year on yearAnnual report
「Depreciation expense ¥1,243 million ¥1,204 million」
Depreciation expense for the first quarter was ¥1,204 million, down from ¥1,243 million in the same quarter of the previous year. The depreciation burden following the major capital investments began to decline year on year. - FY2020Continued Increase in Depreciation ExpenseAnnual report
「Cash flow from operating activities for the consolidated fiscal year increased by ¥9,797 million, up 9.0% year on year, despite a decrease in accounts payable, mainly due to a decrease in trade receivables and the recognition of depreciation expense and provision for litigation losses.」
Depreciation expense increased to ¥5,333 million from ¥5,035 million in the previous fiscal year, and the depreciation burden following the major capital investments is continuing. - FY2020-Q3Continued Increase in Depreciation ExpenseAnnual report
「Depreciation expense ¥3,595 million ¥3,918 million」
Depreciation expense for the nine-month period increased from ¥3,595 million in the same period of the previous year to ¥3,918 million, and the depreciation burden following the major capital investments is continuing. - FY2020-Q2Continued Increase in Depreciation ExpenseAnnual report
「Depreciation expense 2,390 2,548」
Depreciation expense for the six-month period was ¥2,548 million, up from ¥2,390 million in the same period of the previous year. The depreciation burden following the capital investments is continuing. - FY2020-Q1Continued Increase in Depreciation ExpenseAnnual report
「Depreciation expense ¥1,166 million ¥1,243 million」
Depreciation expense for the first quarter was ¥1,243 million, up from ¥1,166 million in the same quarter of the previous year. The depreciation burden following the major capital investments is continuing. - FY2019-Q3Continued Increase in Depreciation ExpenseAnnual report
「Depreciation expense ¥3,546 million ¥3,595 million」
Depreciation expense for the nine-month period increased from ¥3,546 million in the same period of the previous year to ¥3,595 million, indicating that the depreciation burden following the capital investments is continuing. - FY2019-Q2Higher depreciation expense; continued capital investmentAnnual report
「Depreciation expense 2,327 2,390」
Depreciation expense increased from ¥2,327 million in the same quarter of the previous year to ¥2,390 million. The depreciation burden from capital investment is continuing. - FY2019-Q1Depreciation Expense Increased Year on YearAnnual report
「Depreciation expense ¥1,111 million ¥1,166 million」
Depreciation expense for the first quarter was ¥1,166 million, up from ¥1,111 million in the same quarter of the previous year. This indicates that the depreciation burden following the major capital investments is continuing. - FY2018MaterialisedAnnual report
「In the nonwoven fabrics business, sales of polyester spunbond increased in agricultural and construction-material applications, but remained sluggish in civil-engineering applications and others. The Thai subsidiary, THAI UNITIKA SPUNBOND CO.,LTD. (TASCO), has been progressively working to have its products from new machinery specified, while sales of existing products remained firm in civil-engineering and carpet applications. Cotton spunlace continued to perform well in consumer-material applications such as skincare products, and exports also remained firm. As a result, the business as a whole recorded higher sales, but profit declined partly due to the recognition of depreciation expense on major capital investments and other factors.」
Depreciation expense from major capital investments emerged in the full-year results as a factor behind the decline in profit despite higher sales in the nonwoven fabrics business. - FY2018-Q2First statedAnnual report
「Although sales were flat, profit declined partly due to the higher depreciation burden from major capital investments.」
As major capital investments, including those at the Thai subsidiary, progressed, the higher depreciation burden was explicitly identified for the first time as a factor behind the decline in profit in the nonwoven fabrics business.