Impairment risk from a prolonged payback period for capital investments
First written in FY2020. 3 of 4 entries say "Materialised", first in FY2020. Latest entry: FY2026.
Kyowa Leather Cloth moved to the "Worse" side of this theme in 2026, 2 years after the typical company in this theme (2024).
The whole theme swung hardest in 2026: 21 of 26 companies on the "Worse" side.
28 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「During the current consolidated fiscal year, the Group recognized impairment losses on the following asset groups.」
An indication of impairment was identified for the land at the Hanshin Sales Office following a decision to change its use, and an impairment loss of ¥82 million was recognized. - 2026-05-08MaterialisedEarnings
「減損損失 － 82」
前期に減損損失がなかったのに対し、当期は82百万円の減損損失を計上している。 - FY2025MitigatedAnnual report
「As a result, no indication of impairment was identified for the fixed assets of the facility.」
The disclosure states that, based on an assessment taking into account deteriorating market conditions and higher raw-material prices, no indication of impairment was identified for the Fukuroi facility of Kyowa Life Techno during the current fiscal year. - FY2020MaterialisedAnnual report
「There is a risk of recognizing an impairment loss if the payback period for capital investments already made is expected to become prolonged due to changes in market conditions or other factors. Asaba Plant, Fukuroi, Shizuoka Prefecture, vehicle and housing/housing-equipment films, machinery and equipment, ¥465 million」
The risk of impairment from a prolonged payback period for capital investments was identified for the first time, and an impairment loss of ¥465 million was actually recognized on machinery and equipment at the Asaba Plant.