Impairment Risk for Data Center Equipment
First written in FY2016. 11 of 18 entries say "Restated". Latest entry: FY2026-H1.
SAKURA internet moved to the "Worse" side of this theme in 2017, 5 years before the typical company in this theme (2022).
1 other company's latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new major risks or significant changes to the business risks described in the annual securities report that management recognized as potentially having a material effect on the financial position, operating results, or cash flows of the consolidated companies, among the matters concerning business conditions and financial matters described in this Semiannual Report.」
The Company comprehensively states that there were no significant changes regarding the risk of impairment of data center equipment. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company comprehensively states that there were no significant changes regarding the risk of impairment of data center equipment. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company comprehensively states that there were no significant changes regarding the risk of impairment of data center equipment. - FY2024-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The Company comprehensively states that there were no significant changes regarding the risk of impairment of data center equipment. - FY2023RestatedAnnual report
「If a significant deterioration in the business environment reduces the profitability of the businesses operated using fixed assets held by the Group to the point that recovery of the investment is no longer expected, an impairment loss may arise from applying impairment accounting to fixed assets, which may affect the Group's performance.」
The risk of impairment due to declining profitability of fixed assets continued to be disclosed. No impairment loss was reported for the current consolidated fiscal year. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company comprehensively states that there were no significant changes regarding the risk of impairment of data center equipment. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company comprehensively states that there were no significant changes regarding the risk of impairment of data center equipment. - FY2022RestatedAnnual report
「Impairment loss 142,730」
An impairment loss of ¥142.730 million associated with the relocation of the Osaka head office and the termination of office floors was recognized for the full fiscal year. The risk of impairment of fixed assets has been confirmed as an actual loss. - FY2022-Q3RestatedAnnual report
「Net income attributable to owners of the parent was ¥77.563 million, down 85.1% year on year, due in part to the decrease in ordinary profit and the recognition of impairment losses and other losses associated with the relocation of the Osaka head office.」
Impairment losses and other losses associated with the relocation of the Osaka head office continue to be recognized, but the cumulative impairment loss remains ¥142.730 million, the same as disclosed for the previous quarter, with no new increase indicated. - FY2022-Q2MaterialisedAnnual report
「Impairment loss 142,730」
Impairment losses and other losses were recognized in connection with the relocation of the Osaka head office, and the impairment risk materialized as an actual loss of ¥142.730 million in the cumulative second quarter. - FY2022-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The Company comprehensively states that there were no significant changes during the quarter regarding the risk of impairment of data center equipment. - FY2021-Q2MaterialisedAnnual report
「Impairment loss 91,685」
An impairment loss of ¥91.685 million was recognized as an extraordinary loss in the cumulative second quarter, and the risk of impairment of fixed assets and other assets materialized as an actual loss. - FY2020-Q3MaterialisedAnnual report
「Net income attributable to owners of the parent was ¥127.861 million, down 12.1% year on year, because impairment losses were recognized at a consolidated subsidiary despite an increase in ordinary profit.」
An impairment loss of ¥119.334 million was recognized as an extraordinary loss in the cumulative third quarter, affecting quarterly net income attributable to owners of the parent. The type of impaired asset was not specified in the text. - FY2019RestatedAnnual report
「If a significant deterioration in the business environment reduces the profitability of the businesses operated using fixed assets held by the Group to the point that recovery of the investment is no longer expected, an impairment loss may arise from applying impairment accounting to fixed assets, which may affect the Group's performance.」
The risk of impairment of fixed assets continues to be disclosed. No impairment loss was reported for the current consolidated fiscal year. - FY2018MaterialisedAnnual report
「As part of the optimization of the Dojima Data Center, certain facilities were terminated. Accordingly, the carrying amount of fixed assets relating to the terminated floors was reduced to their recoverable amount, and the reduction was recognized as an impairment loss under extraordinary losses.」
Following the partial termination of the Dojima Data Center, impairment losses of ¥4.804 million on buildings and structures and ¥2.053 million on long-term prepaid expenses, totaling ¥6.857 million, were actually recognized. - FY2018-Q1MaterialisedAnnual report
「Impairment loss 6,857」
An impairment loss of ¥6.857 million was recognized as an extraordinary loss in the first quarter, and impairment of equipment and fixed assets again materialized. - FY2017MaterialisedAnnual report
「Following the decision to relocate the Osaka head office and other facilities due to increased staffing associated with business expansion, the carrying amount of fixed assets was written down to their recoverable amount, and the reduction was recognized as an impairment loss under extraordinary losses.」
Following the decision to relocate the Osaka head office and other facilities, an impairment loss of ¥10.627 million was actually recognized for buildings, structures and other assets. - FY2016First statedAnnual report
「If a significant deterioration in the business environment reduces business profitability to the point that recovery of the investment is no longer expected, an impairment loss may arise from applying impairment accounting to fixed assets, which may affect the performance and financial condition of the Group.」
The Company discloses the possibility of lower profitability and impairment associated with its capital-intensive business model.