Impairment of Fixed Assets Due to Deterioration in the Textile Business Operating Environment
First written in FY2019. 4 of 10 entries say "Materialised", first in FY2019. Latest entry: 2026-09-08.
Omikenshi moved to the "Worse" side of this theme in 2019, 1 year before the typical company in this theme (2020).
The whole theme swung hardest in 2025: 43 of 77 companies on the "Worse" side.
28 other companies' latest entry also says "Mitigated".
- FY2025WorsenedAnnual report
「During the consolidated fiscal year, the carrying amounts of asset groups among idle assets not used in the business whose fair value had declined substantially were reduced to their recoverable amounts, and the resulting decrease was recognized as an extraordinary loss.」
An impairment loss of ¥493 million was recognized on idle land and other assets in Kakogawa and Ogaki. The impact on the recoverability of fixed assets, including idle assets following the withdrawal from the textile business, is continuing. - FY2025-H1WorsenedAnnual report
「The impairment loss of ¥385 million not allocated to reporting segments relates to former factory sites and other assets where operations have been discontinued.」
The impairment loss relating to former factory sites and other assets where operations have ceased was ¥385 million, a substantial increase from ¥3 million in the same period of the previous year. Impairment of fixed assets following the withdrawal from the textile business has again become significant. - FY2024-Q3MitigatedAnnual report
「The impairment loss of ¥3 million not allocated to reporting segments relates to former factory sites and other assets where operations have been discontinued.」
The impairment loss relating to former factory sites and other assets where operations have ceased fell substantially from ¥768 million in the same period of the previous year to ¥3 million, reducing the textile business's fixed-asset impairment risk in monetary terms. Impairment losses themselves, however, are continuing. - FY2024-Q2MitigatedAnnual report
「The impairment loss not allocated to reportable segments (¥3 million) relates to former factory sites and other assets where operations have ceased.」
The impairment loss relating to former factory sites and other assets where operations have ceased was ¥3 million, a substantial decrease from the ¥766 million impairment loss disclosed for the same period of the previous year. Impairment of fixed assets itself, however, is continuing. - FY2023MaterialisedAnnual report
「During the current consolidated fiscal year, following the withdrawal from the business at the Kakogawa Plant, the company assessed future recoverability and reduced the carrying amount of tangible fixed assets other than land. In addition, when selling part of the former Kakogawa Plant site, the company reduced the carrying amount of the land. The reduction of ¥786 million was recorded as an impairment loss under extraordinary losses.」
Following the withdrawal from the business at the Kakogawa Plant and the sale of part of the former site, the company recognized ¥786 million in impairment losses on buildings, machinery, land and other assets. - FY2021MaterialisedAnnual report
「Following the withdrawal from the business at the Kakogawa Plant and other facilities, the company assessed future recoverability and reduced the carrying amount of tangible fixed assets other than land. The reduction of ¥1,164 million was recorded as an impairment loss under extraordinary losses.」
Following the withdrawal from the textile business, the company recognized ¥1,164 million in impairment losses at the Kakogawa Plant and other facilities. In addition to the ¥677 million recognized in the previous fiscal year, impairment of fixed assets has increased. - FY2021-Q2MaterialisedAnnual report
「The reduction of ¥570 million was recorded as an impairment loss under extraordinary losses.」
Following the withdrawal from the business at the Kakogawa Plant, the company recognized ¥570 million in impairment losses on fixed assets, including production equipment. The impairment of fixed assets in the textile business has additionally emerged in the results. - FY2019MaterialisedAnnual report
「During the current consolidated fiscal year, the group recognized impairment losses on the following asset groups because their profitability declined significantly due to deterioration in the operating environment of the textile business. … During the current consolidated fiscal year, the carrying amount of equipment and other assets at the Kakogawa Plant in Kakogawa, Hyogo Prefecture, was reduced to the recoverable amount, and the reduction of ¥677 million was recorded as an impairment loss under extraordinary losses.」
The operating environment of the textile business deteriorated and profitability declined in practice, resulting in the recognition of ¥677 million in impairment losses for the Kakogawa Plant and other assets.