Recognition of Impairment Losses on Idle Assets
First written in FY2020-Q2. 1 of 5 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2017: 4 of 7 companies on the "Worse" side.
6 other companies' latest entry also says "Other".
- FY2023Impairment loss on idle assets recognized againAnnual report
「Miyaji Engineering Co., Ltd. Idle assets Ichihara, Chiba Prefecture Land ¥10 million」
An impairment loss of ¥10 million was recognized on land in Ichihara, Chiba Prefecture, relating to idle assets for which there had been no applicable item in the previous year. - FY2021MitigatedAnnual report
「Fiscal year (1 April 2020 to 31 March 2021) There were no applicable items.」
No impairment losses on idle or other assets were recognized during the year, indicating an improvement from the previous year's impairment loss recognition. - FY2020Increase in impairment losses on idle and other assetsAnnual report
「During the consolidated fiscal year, the Group recognized impairment losses on the following assets.」
The Group recognized an impairment loss of ¥675,454 thousand, comprising ¥116,569 thousand on a former dormitory and other assets in Ichihara, Chiba Prefecture, and ¥558,885 thousand on the former site of the Matsumoto No. 1 Plant in Matsumoto, Nagano Prefecture. - FY2020-Q3RestatedAnnual report
「In the Miyaji Engineering segment, the carrying amounts of assets that had become idle were written down to their recoverable amounts, and the resulting decrease was recognized as an impairment loss under extraordinary losses. The impairment loss recognized for the nine-month period ended the third quarter was ¥116,569 thousand.」
Recognition of a ¥116,569 thousand impairment loss on idle assets was also confirmed for the nine-month period ended the third quarter. - FY2020-Q2First statedAnnual report
「In the Miyaji Engineering segment, the carrying amounts of assets that had become idle were written down to their recoverable amounts, and the resulting decrease was recognized as an impairment loss under extraordinary losses. The impairment loss recognized for the six-month period ended the second quarter was ¥116,569 thousand.」
It was first disclosed that the carrying amount of idle assets was written down to their recoverable amount and an impairment loss of ¥116.569 million was recognized under extraordinary losses.