Recognizing Impairment on Fixed Assets Without a Utilization Plan
First written in FY2017-Q3. 4 of 17 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 51 of 96 companies on the "Worse" side.
10 other companies' latest entry also says "Other".
- FY2026A significant increase in impairment losses, including goodwill impairmentAnnual report
「Impairment losses comprised ¥166 million for land, ¥11 million for construction in progress and ¥600 million for goodwill.」
Impairment losses for the year were ¥778 million, a substantial increase from ¥141 million in the previous year. A new impairment loss of ¥600 million was recognized on goodwill due to declining profitability at IPM. - 2026-06-02First statedGeneral Meetings of Shareholders
「During the fiscal year, the company recognized an impairment loss of ¥780 million on shares of IPM Co., Ltd. as an impairment loss on shares of an affiliated company and recorded it as an extraordinary loss.」
The company newly records the recognition of a ¥780 million impairment loss on shares of IPM as an impairment loss on shares of an affiliated company. - FY2025Increase in impairment losses and expansion of scopeAnnual report
「Impairment losses comprised ¥59 million for buildings and structures, ¥63 million for machinery, equipment and vehicles, ¥12 million for construction in progress, ¥3 million for other property, plant and equipment, and ¥1 million for other intangible assets.」
Impairment losses for the year were ¥141 million, up from ¥88 million in the previous year. The assets subject to impairment were equipment for textile products, chemical industrial products and chemical products. - FY2024-Q3Continued recognition of quarterly impairment lossesAnnual report
「Impairment loss 0 6」
The impairment loss for the cumulative third quarter was ¥6 million, up from ¥0 million in the same period of the previous year. - FY2024-Q1Recurrent quarterly impairment lossAnnual report
「The impairment loss recognized for the cumulative first quarter was ¥6 million.」
An impairment loss of ¥6 million was recognized for corporate assets with no planned use and declining market values during the cumulative first quarter. - FY2023Recognition of full-year impairment lossesAnnual report
「The impairment losses comprised ¥0 million for land, ¥0 million for machinery, equipment and vehicles, and ¥18 million for construction in progress.」
Although impairment losses were ¥0 million for the nine-month period, the Company recognized ¥18 million in impairment losses for the full fiscal year on equipment for chemical products and other assets. - FY2023-Q3No impairment lossesAnnual report
「Impairment losses 7 0」
Impairment losses for the nine-month period of the current fiscal year were ¥0 million, down from ¥7 million in the same period of the previous fiscal year. - FY2022Decrease in impairment lossesAnnual report
「The impairment losses comprised ¥7 million for land, ¥1 million for machinery, equipment and vehicles, and ¥6 million for construction in progress.」
Impairment losses for the current consolidated fiscal year totaled ¥14 million, down sharply from ¥160 million in the previous fiscal year. The losses related to idle land and equipment for chemical products. - FY2022-Q1Slight increase in impairment lossesAnnual report
「Impairment losses recognized during the three-month period of the current fiscal year amounted to ¥7 million.」
The Company recognized ¥7 million in impairment losses during the first quarter on corporate assets with no planned use whose fair values had also declined, a slight increase from ¥6 million in the same period of the previous fiscal year. - FY2021Decrease in impairment lossesAnnual report
「The impairment losses comprised ¥59 million for land, ¥86 million for buildings and structures, ¥3 million for machinery, equipment and vehicles, ¥9 million for construction in progress, and ¥0 million for other property, plant and equipment.」
Impairment losses for the current fiscal year totaled ¥160 million, down from ¥355 million in the previous fiscal year. The losses related to equipment for chemical products and idle assets; no impairment of equipment for textile products was reported. - FY2020Sharp increase in impairment lossesAnnual report
「The impairment losses comprised ¥78 million for land, ¥78 million for buildings and structures, ¥162 million for machinery, equipment and vehicles, ¥27 million for construction in progress, and ¥8 million for other property, plant and equipment.」
Impairment losses for the current fiscal year totaled ¥355 million, up from ¥25 million in the previous fiscal year. The Company recognized ¥307 million in impairment losses on equipment for textile products because of weak segment performance and other factors. - FY2020-Q1RestatedAnnual report
「For fixed assets among corporate assets not allocated to each reportable segment that had no planned use by the holding company and whose fair values had also declined, the carrying amounts were written down to recoverable amounts, and the reductions were recognized as impairment losses. Impairment losses recognized during the three-month period of the current fiscal year amounted to ¥6 million.」
The Company recognized ¥6 million in impairment losses during the first quarter on corporate assets with no planned use whose fair values had also declined. - FY2019Additional assets subject to impairmentAnnual report
「The impairment losses comprised ¥8 million for land, ¥0 million for buildings and structures, ¥13 million for machinery, equipment and vehicles, and ¥3 million for construction in progress.」
Impairment losses for the current fiscal year totaled ¥25 million. In addition to rental and idle assets and equipment for chemical products, equipment for textile products was also subject to impairment. - FY2019-Q1RestatedAnnual report
「For fixed assets among corporate assets not allocated to each reportable segment that had no planned use by the holding company and whose fair values had also declined, the carrying amounts were written down to recoverable amounts, and the reductions were recognized as impairment losses. Impairment losses recognized during the three-month period of the current fiscal year amounted to ¥8 million.」
The Company recognized ¥8 million in impairment losses during the first quarter on corporate assets with no planned use whose fair values had also declined. - FY2018RestatedAnnual report
「During the current consolidated fiscal year, the Company recognized impairment losses on fixed assets that had no planned use by the holding company and whose fair values had also declined. The impairment losses comprised ¥10 million for land, ¥9 million for machinery, equipment and vehicles, and ¥1 million for construction in progress.」
The Company recognized total impairment losses of ¥21 million during the current fiscal year on rental, idle and other assets with no planned use whose fair values had also declined. - FY2018-Q1RestatedAnnual report
「For fixed assets among corporate assets not allocated to each reportable segment that had no planned use by the holding company and whose fair values had also declined, the carrying amounts were written down to recoverable amounts, and the reductions were recognized as impairment losses. Impairment losses recognized during the three-month period of the current fiscal year amounted to ¥9 million.」
The Company recognized ¥9 million in impairment losses during the first quarter on corporate assets with no planned use whose fair values had also declined. - FY2017-Q3First statedAnnual report
「For fixed assets in the Textile Business segment and corporate assets not allocated to each reportable segment that had no planned use by the holding company and whose fair values had also declined, the carrying amounts were written down to recoverable amounts, and the reductions were recognized as impairment losses. The impairment losses recognized during the nine-month period of the current fiscal year were ¥6 million in the Textile Business segment and ¥269 million in corporate assets not allocated to each reportable segment.」
The Company recognized total impairment losses of ¥275 million during the nine-month period of the current fiscal year on fixed assets with no planned use whose fair values had also declined.