Impairment losses due to deteriorating profitability of loss-making businesses and assets
First written in FY2018. 6 of 8 entries say "Materialised", first in FY2018. Latest entry: FY2025.
Ship Healthcare Holdings moved to the "Worse" side of this theme in 2018, 3 years before the typical company in this theme (2021).
The whole theme swung hardest in 2026: 67 of 129 companies on the "Worse" side.
58 other companies' latest entry also says "Materialised".
- FY2025MaterialisedAnnual report
「Because the income originally planned was no longer expected to be generated, the carrying amount was reduced to its recoverable amount and an impairment loss was recognized.」
An impairment loss of ¥409 million was recorded on the business assets in Bangladesh. This represents a new realization of impairment risk from deteriorating profitability of unprofitable businesses and assets. - FY2024-Q3RestatedAnnual report
「In the Total Pack Produce business, after considering progress against the original business plan and the outlook for future performance, the Company determined that the excess earning power originally anticipated could no longer be expected and recorded an impairment loss on goodwill. The impairment loss on goodwill arising from this event amounted to ¥2,635 million for the cumulative third quarter of the fiscal year.」
The ¥2,635 million impairment loss on goodwill in the Myanmar business has been reconfirmed as impairment information for the cumulative third quarter of the fiscal year. - FY2024-Q2MaterialisedAnnual report
「The Company determined that the excess earning power originally anticipated could no longer be expected and recognized an impairment loss of ¥2,635 million, equivalent to the full amount of the goodwill, as an extraordinary loss.」
For the Myanmar business, the income originally planned was no longer expected to be generated, and an impairment loss of ¥2,635 million on goodwill was recorded. This represents an additional realization of impairment risk from deteriorating profitability of unprofitable businesses and assets. - FY2022WorsenedAnnual report
「The Osaka Heavy Ion Therapy Center began providing medical services in March 2018 and treatment using heavy-ion therapy equipment in October of the same year. By October 2019, treatment was being provided in all 3 treatment rooms. If the value of the fixed assets held by the Group at the Osaka Heavy Ion Therapy Center, including the facility buildings and treatment equipment, declines significantly due to falling market prices or other factors from the fiscal year ending March 2023 onward, or if estimated future cash flows decline due to changes in the scope of cancer treatments covered by insurance or changes in the external environment, making recovery of the investment unlikely because of deteriorating profitability, indicators of impairment will arise. The impairment accounting required as a result may affect the Group's operating results and financial position.」
Regarding the impairment risk for fixed assets, the disclosure specifically identifies the Osaka Heavy Ion Therapy Center, stating that impairment indicators may arise from the fiscal year ending March 2023 onward and showing a carrying amount of ¥7,627 million. - FY2021MaterialisedAnnual report
「Because the income originally planned for the goodwill below was no longer expected to be generated, the Company recorded the entire unamortized balance of the goodwill as an impairment loss. The Company also recognized impairment losses on business assets, namely the Life Care business and the dispensing pharmacy business, because it had decided to close them.」
Impairment losses totaling ¥271 million were recorded, comprising ¥209 million for goodwill in the Myanmar Supply business, ¥33 million for the Life Care business and ¥27 million for the dispensing pharmacy business. - FY2021-Q2MaterialisedAnnual report
「Impairment loss 61」
An impairment loss of ¥61 million was recorded during the cumulative second quarter of the fiscal year, representing an additional realization of impairment risk from deteriorating profitability of unprofitable businesses and assets. - FY2020MaterialisedAnnual report
「Because the income originally planned for the goodwill below was no longer expected to be generated, the Company recorded the entire unamortized balance of the goodwill as an impairment loss.」
For the goodwill relating to the Medical Supply business in Kita-ku, Tokyo, the originally planned income was no longer expected to be generated, and an impairment loss of ¥152 million was recorded. - FY2018MaterialisedAnnual report
「The Company had continuously recorded operating losses from the business assets, and estimated future cash flows fell below their carrying amounts. Accordingly, the carrying amounts were reduced to their recoverable amounts and impairment losses were recognized.」
Impairment losses totaling ¥851 million were recorded for the dispensing pharmacy and Total Pack Produce businesses, rental real estate and machinery and equipment in Myanmar.