Impairment loss recognized in the knitted-fabric processing business and rental facilities
First written in FY2020-Q3. 3 of 6 entries say "Worsened", first in FY2024. Latest entry: FY2026.
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- FY2026WorsenedAnnual report
「For certain asset groups associated with the childcare support business (Tot Mate), the company determined that there were indications of impairment because profitability had declined amid changes in the business environment and measured the impairment loss. The carrying amounts were reduced to the recoverable amounts, and an impairment loss of ¥2.419 million was recognized.」
Following Mommies in the previous fiscal year, the company recognized an impairment loss of ¥2.419 million on Tot Mate's asset group due to declining profitability. - FY2025Additional impairment loss on Mommies business assetsAnnual report
「For certain asset groups associated with the childcare support business (Mommies), the company determined that there were indications of impairment because profitability had declined amid changes in the business environment. In measuring the impairment loss, the carrying amounts were reduced to the recoverable amounts, and an impairment loss of ¥5.111 million was recognized.」
Following the impairment loss on Mommies assets in the previous fiscal year, the company recognized an impairment loss of ¥5.111 million on certain asset groups in the current fiscal year due to declining profitability. - FY2024Impairment losses recognized on Tot Mate and idle assetsAnnual report
「For the asset group associated with the childcare support business (Tot Mate), the company determined that there were indications of impairment because profitability had declined amid changes in the business environment and measured the impairment loss. The carrying amount was reduced to the recoverable amount, and an impairment loss of ¥6.285 million was recognized.」
Following Mommies in the previous fiscal year, the company recognized impairment losses of ¥6.285 million on the Tot Mate asset group and ¥9.648 million on idle assets. - FY2023Impairment loss recognized on Mommies business assetsAnnual report
「For the asset group associated with the childcare services business (Mommies), the company determined that there were indications of impairment because profitability had declined amid changes in the business environment. In testing for impairment, the total undiscounted future cash flows expected from the asset group were below its carrying amount, and the company recognized an impairment loss of ¥11.695 million.」
While proceeding with the conversion of Mommies into a consolidated subsidiary, the company recognized an impairment loss of ¥11.695 million on the business's asset group due to declining profitability. - FY2020Additional impairment loss recognizedAnnual report
「During the fiscal year, the group recognized impairment losses on the following asset groups: business-use assets in Oguma-cho, Hashima, Gifu Prefecture, ¥650.128 million; business-use assets in Mihama, Mikata District, Fukui Prefecture, ¥42.490 million; and idle assets in Oguma-cho, Hashima, Gifu Prefecture, ¥20.190 million.」
In addition to the impairment losses on the knitted-fabric processing business and leased facilities reported through the third quarter, the company recognized full-year impairment losses of ¥712.809 million, including ¥20.190 million on idle assets in Hashima, Gifu Prefecture. - FY2020-Q3First statedAnnual report
「In addition, the company recognized impairment losses of ¥650 million in the knitted-fabric processing business within its dyeing and processing operations and ¥42 million on leased facilities (employee recreation facilities). As a result, net loss attributable to owners of the parent was ¥413 million, compared with net income attributable to owners of the parent of ¥308 million in the same period of the previous year.」
During the nine months ended the third quarter, the company recognized total impairment losses of ¥692 million, comprising ¥650 million in the knitted-fabric processing business and ¥42 million on leased facilities.