Kurabo Industries (3106) · FactAdvanced
Impairment loss of ¥500 million on operating assets related to the Chemicals Business
First written in FY2024-Q3. 1 of 2 entries say "Advanced", first in FY2024. Latest entry: FY2024.
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Impairment Losses on Fixed Assets in the Chemical Products BusinessA theme 1 companies write about · 1 as a headwind · 0 as a tailwind
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- FY2024AdvancedAnnual report
「As the profitability of the chemical product manufacturing equipment declined owing to deterioration in the business environment, its carrying amount was reduced to its recoverable amount, and the reduction was recorded as an impairment loss under extraordinary losses.」
The impairment loss in the Chemicals business increased from ¥500 million at the quarterly stage to ¥526 million for the full year. Including ¥62 million relating to the driving school, total impairment losses were ¥588 million. - FY2024-Q3First statedAnnual report
「In the Chemicals business segment, we recorded a ¥500 million impairment loss on property, plant and equipment associated with operating assets.」
The recording of a ¥500 million impairment loss on property, plant and equipment relating to operating assets of the Chemicals business during the cumulative third-quarter period was disclosed for the first time as a separate topic.