Risk of Impairment Losses on Fixed Assets
First written in FY2017. 8 of 19 entries say "Worsened", first in FY2022-Q1. Latest entry: FY2026.
Tomoku moved to the "Worse" side of this theme in 2019, 2 years before the typical company in this theme (2021).
The whole theme swung hardest in 2020: 63 of 115 companies on the "Worse" side.
25 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The breakdown for the current consolidated fiscal year was a loss on disposal of fixed assets of ¥216 million and an impairment loss of ¥198 million.」
The impairment loss on fixed assets increased from ¥7 million in the previous fiscal year to ¥198 million. The assets subject to review at the company's 1 plant identified as showing indications of impairment were disclosed as ¥5,200 million. - FY2025The assets showing indications of impairment changed from the company's 1 plant to the company's 1 plantAnnual report
「As a component of the amount recorded, the company did not record an impairment loss during the current consolidated fiscal year for the company's 1 plant identified as showing indications of impairment. However, the item is disclosed in view of the risk of a material impact on the consolidated financial statements for the following consolidated fiscal year.」
The assets showing indications of impairment changed from 1 consolidated subsidiary in the corrugated-cardboard business in the previous year to the company's 1 plant. The disclosed impairment loss was ¥7 million, and the assets subject to review amounted to ¥5,679 million. - FY2025-H1WorsenedAnnual report
「Impairment loss 5 7」
The impairment loss increased from ¥5 million in the year-earlier period to ¥7 million for the current six-month consolidated period. - FY2024The scope of assets showing indications of impairment narrowed, while the impairment loss increasedAnnual report
「The Group did not record an impairment loss for the 1 consolidated subsidiary in the corrugated-cardboard business that has continued to be identified as showing indications of impairment during the current consolidated fiscal year. However, the item is disclosed in view of the risk of a material impact on the consolidated financial statements for the following consolidated fiscal year.」
The assets showing indications of impairment narrowed from the company's 2 plants and 1 consolidated subsidiary in the previous year to 1 consolidated subsidiary in the corrugated-cardboard business. Meanwhile, the impairment loss for the current fiscal year was ¥5 million. - FY2024-Q2WorsenedAnnual report
「Impairment loss 1 5」
The impairment loss increased from ¥1 million in the year-earlier period to ¥5 million, increasing the impact of fixed-asset impairment on actual results. - FY2024-Q1WorsenedAnnual report
「Impairment loss 1 5」
The impairment loss increased from ¥1 million in the year-earlier period to ¥5 million in the first quarter of the current fiscal year, increasing the impact of fixed-asset impairment on actual results. - FY2023WorsenedAnnual report
「For the company's 2 plants and 1 consolidated subsidiary in the corrugated-cardboard business identified as showing indications of impairment with respect to property, plant and equipment and intangible assets at the end of the current consolidated fiscal year, no impairment loss was recognised because total undiscounted future cash flows from the relevant asset groups exceeded their carrying amounts.」
The scope of assets showing indications of impairment expanded from the company's 2 plants in the previous year to the company's 2 plants and 1 consolidated subsidiary in the corrugated-cardboard business, bringing the assets subject to review to ¥19,300 million. The actual impairment loss was ¥1 million. - FY2023-Q3MitigatedAnnual report
「Impairment loss 32 1」
The impairment loss decreased from ¥32 million in the year-earlier period to ¥1 million, reducing the impact of fixed-asset impairment on actual results. - FY2023-Q2MitigatedAnnual report
「Impairment loss 32 1」
The impairment loss decreased from ¥32 million in the year-earlier period to ¥1 million, reducing the impact of fixed-asset impairment on actual results. - FY2023-Q1MitigatedAnnual report
「Impairment loss 18 1」
The impairment loss decreased from ¥18 million in the year-earlier period to ¥1 million in the first quarter of the current fiscal year, reducing the impact of fixed-asset impairment on actual results. - FY2022WorsenedAnnual report
「For the company's 2 plants identified as showing indications of impairment with respect to property, plant and equipment and intangible assets during the current consolidated fiscal year, no impairment loss was recognised because total undiscounted future cash flows from the relevant asset groups exceeded their carrying amounts.」
The company recorded an impairment loss of ¥154 million on idle assets and disclosed that the assets of the 2 plants showing indications of impairment amounted to ¥10,981 million. - FY2022-Q2WorsenedAnnual report
「Impairment loss 1 32」
The impairment loss increased from ¥1 million in the year-earlier period to ¥32 million, with fixed-asset impairment growing as a source of loss during the cumulative period of the current quarter. - FY2022-Q1WorsenedAnnual report
「Impairment loss 1 18」
The impairment loss increased from ¥1 million in the year-earlier period to ¥18 million in the first quarter of the current fiscal year, with fixed-asset impairment continuing to affect actual results. - FY2021MaterialisedAnnual report
「The assets were reduced to their recoverable amounts, and ¥24 million was recorded as an impairment loss under extraordinary losses.」
The fixed-asset impairment risk materialised during the current fiscal year as an impairment loss of ¥24 million on buildings, land and other assets. - FY2021-Q3RestatedAnnual report
「Impairment loss 1 1」
The impairment loss for the nine-month period of the current fiscal year was ¥1 million, the same as in the year-earlier period. This reconfirms that fixed-asset impairment is reflected in actual results. - FY2020-Q2MaterialisedAnnual report
「Impairment loss 7 1」
The company recorded an impairment loss of ¥1 million for the six-month period of the current fiscal year, with the fixed-asset impairment risk materialising as an actual loss. - FY2020-Q1MaterialisedAnnual report
「Impairment loss 7 1」
The company recorded an impairment loss of ¥1 million for the three-month period of the current fiscal year, with the fixed-asset impairment risk continuing to materialise as an actual loss. - FY2019-Q3MaterialisedAnnual report
「Impairment loss 22 7」
The company recorded an impairment loss of ¥7 million for the nine-month period of the current fiscal year, with the fixed-asset impairment risk materialising as an actual loss. - FY2017First statedAnnual report
「The Group applies accounting treatment for impairment of fixed assets. If impairment losses become necessary for its fixed assets in the future, they may affect the Group's operating results and financial position.」
The company explicitly identifies the potential need for future impairment of held fixed assets as a risk.