Impairment loss due to continuing losses in the Osaka Business Division
First written in FY2020. 3 of 7 entries say "Materialised", first in FY2020. Latest entry: FY2026.
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- FY2026Recorded an impairment loss of ¥4.709 million at the Kyoto Business DivisionAnnual report
「Nantan, Kyoto Corrugated cardboard manufacturing Land 4,709」
Because profit or loss from operating activities remained negative and indicators of impairment were identified, an impairment loss of ¥4.709 million was recorded on land in Nantan, Kyoto. - FY2025Recorded impairment losses of ¥313.998 million at the Osaka and Kyoto Business DivisionsAnnual report
「During the fiscal year under review, because profit or loss from operating activities remained negative and indicators of impairment were identified, carrying amounts were reduced to recoverable amounts, and the reductions were recorded as impairment losses under extraordinary losses.」
Although no impairment losses were recorded in the previous fiscal year, impairment losses totaling ¥313.998 million were recorded during the fiscal year under review on assets in Sakai, Osaka, and Nantan, Kyoto, expanding both the locations subject to impairment and the scale of the loss. - FY2024No impairment losses were recorded during the fiscal year under reviewAnnual report
「Fiscal year (from 1 April 2023 to 31 March 2024) Not applicable.」
The disclosure states that there were no applicable impairment losses during the fiscal year under review, compared with the impairment losses recorded in Chigasaki, Kanagawa, and Sakai, Osaka, during the previous fiscal year. - FY2023Impairment losses expanded to ¥141 million across multiple locationsAnnual report
「During the fiscal year under review, because profit or loss from operating activities remained negative and indicators of impairment were identified, carrying amounts were reduced to recoverable amounts, and the reductions were recorded as impairment losses under extraordinary losses.」
A total impairment loss of ¥141.744 million was recorded on corrugated cardboard manufacturing assets in Chigasaki, Kanagawa, and Sakai, Osaka, due to continued operating losses, expanding both the locations subject to impairment and the scale of the loss from the previous impairment at the Osaka Business Division. - FY2020MaterialisedAnnual report
「During the fiscal year under review, the carrying amount of the asset group at a business division that had continuously recorded negative profit or loss from operating activities was reduced to its recoverable amount, and the reduction of ¥43.310 million was recorded as an impairment loss under extraordinary losses.」
An impairment loss of ¥43.310 million was recorded on corrugated cardboard manufacturing assets in Mihara-ku, Sakai, Osaka, due to continued operating losses, meaning that the deterioration in the business location's profitability had materialized as an actual loss.