Impairment Risk for Fixed Assets
First written in FY2019. 4 of 11 entries say "Materialised", first in FY2021-Q2. Latest entry: 2026-10-01.
Tokuyama moved to the "Worse" side of this theme in 2025, 4 years after the typical company in this theme (2021).
The whole theme swung hardest in 2020: 51 of 96 companies on the "Worse" side.
26 other companies' latest entry also says "Worsened".
- 2026-10-01WorsenedOccurring Fact
「Following completion of this share transfer, based on the disclosed transfer consideration of ¥37.0 billion and after taking into account the consolidated book value, related expenses, and other factors, the company expects to record approximately ¥30.5 billion in special gains on the transfer and approximately ¥12.0 billion in impairment losses as special losses in the third-quarter consolidated accounting period of the fiscal year ending March 2027.」
The company expects to record approximately ¥12.0 billion in impairment losses associated with the transfer, indicating a risk of impairment of fixed assets. The amount is currently an estimate, and recognition in actual results has not yet been completed. - FY2026WorsenedAnnual report
「An impairment loss was recognized during the current consolidated fiscal year.」
Impairment losses increased from ¥397 million in the previous fiscal year to ¥1,429 million in the current fiscal year. Impairment related to reduced profitability materialized for items including ¥762 million in leafy lettuce production equipment and ¥603 million in waste gypsum board recycling equipment. - FY2026-H1MaterialisedAnnual report
「The group groups assets into the smallest units that generate largely independent cash flows based on business classifications, and recognized an impairment loss during the interim consolidated accounting period based on these groupings.」
The risk of impairment of fixed assets materialized during the interim period as a ¥1,431 million impairment loss, including losses related to the environmental business and other operations. - FY2024-Q1MitigatedAnnual report
「Impairment loss 8 —」
No impairment loss was recorded during the cumulative first-quarter consolidated period, reducing the impact on actual results from ¥8 million in the same period of the previous year. However, no new changes were reported regarding the indications of impairment in the cement business disclosed in the previous fiscal year. - FY2023WorsenedAnnual report
「Tokuyama Corporation’s cement business was determined to show indications of impairment because income and loss arising from operating activities had remained negative due to the impact of soaring coal prices, its main raw material. The company therefore assessed whether it was necessary to recognize an impairment loss.」
The cement business was determined to show indications of impairment, but no impairment loss was recognized because undiscounted future cash flows exceeded the carrying amount. The company disclosed that recognition may become necessary depending on future coal prices, the ability to pass through costs and demand. - FY2023-Q1MaterialisedAnnual report
「Impairment loss 8」
The risk of impairment of fixed assets materialized as an ¥8 million impairment loss during the cumulative first-quarter consolidated period. - FY2022-Q3MitigatedAnnual report
「Impairment loss 3」
The impairment loss on fixed assets was ¥3 million, a substantial decrease from ¥825 million in the same period of the previous year. The impact of impairment on actual results decreased year on year. - FY2022-Q2MitigatedAnnual report
「Impairment loss ¥3 million」
The impairment loss for the cumulative second-quarter period was ¥3 million, a substantial decrease from ¥826 million in the same period of the previous year. The impact of fixed-asset impairment on actual results decreased year on year. - FY2021-Q3MaterialisedAnnual report
「Impairment loss 825」
The risk of impairment of fixed assets materialized as a ¥825 million impairment loss during the cumulative third-quarter consolidated period. - FY2021-Q2MaterialisedAnnual report
「An impairment loss of ¥745 million was recognized in the Life Amenity segment during the cumulative second quarter of the current consolidated fiscal year.」
The risk of impairment of fixed assets materialized as a ¥745 million impairment loss in the Life Amenities segment. - FY2019First statedAnnual report
「The group applies the accounting standard for impairment of fixed assets. However, if the business environment deteriorates significantly or real estate prices decline in the future, an impairment loss may arise and materially affect the group’s results of operations and financial condition.」
The possibility of impairment of fixed assets triggered by a significant deterioration in the business environment or a decline in real estate prices was disclosed as a standalone business risk.