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Ibiden (4062) · RiskMaterialised

Risk of additional costs associated with structural reforms in the Electronics business

First written in FY2017-Q2. 2 of 3 entries say "Materialised", first in FY2017-Q3. Latest entry: FY2017.

3entries
2years
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2017-Q2MaterialisedFY2017-Q3 – FY20172016: 120162017: 22017
Same theme, other companies
Recognition of expenses and provisions related to business restructuring and improvementA theme 63 companies write about · 61 as a headwind · 3 as a tailwind

Ibiden moved to the "Worse" side of this theme in 2017, 6 years before the typical company in this theme (2023).

The whole theme swung hardest in 2017: 2 of 13 companies on the "Worse" side.

3 other companies' latest entry also says "Materialised".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 63 companies compared. The sentences above are computed from all 63.
Full recordFilings, disclosures and news, newest first
  1. FY2017MaterialisedAnnual report

    「The business structure reform costs comprised ¥38,108 million in impairment losses on property, plant and equipment associated with structural reforms in the Electronics segment, ¥1,253 million in impairment losses on property, plant and equipment associated with structural reforms in the Ceramics segment, ¥7,667 million in impairment losses on idle assets classified as corporate assets, ¥2,547 million in inventory valuation losses, and ¥12,412 million in settlement payments.」

    Impairment losses, inventory valuation losses, and settlement payments were recorded as business structure reform costs, totaling ¥6,198.8 million.
  2. FY2017-Q3MaterialisedAnnual report

    「The business structure reform costs comprised ¥41,325 million in impairment losses on property, plant and equipment, ¥2,515 million in inventory valuation losses, and ¥12,254 million in settlement payments, all associated with structural reforms in the Electronics segment. Additional costs may arise as the structural reforms progress.」

    In addition to the business structure reform costs indicated in the previous quarter, impairment losses, inventory valuation losses, and settlement payments were recorded, showing that the possibility of additional costs had materialized as an actual increase in expenses.
  3. FY2017-Q2First statedAnnual report

    「The business structure reform costs comprised ¥40,038 million in impairment losses on property, plant and equipment and ¥2,469 million in inventory valuation losses, both associated with structural reforms in the Electronics segment. Additional costs may arise as the structural reforms progress.」

    After recording ¥4,250.7 million in structural reform costs, the Company explicitly indicated that additional costs could arise as the reforms progress.
Moved together

"Slowing PC and Smartphone Markets and the Impact of FOWLP on Electronic Business Sales" moved the same way as this thread, in the same document, in 2 of its 3 moves.

22222★12345
  1. ★This thread
  2. 1Slowing PC and Smartphone Markets and the Impact of FOWLP on Electronic Business Sales2×
  3. 2Deteriorating Performance Mainly in the Electronics Business2×
  4. 3Declining profitability of fixed assets and impairment risk2×
  5. 4Intensifying price competition in the electronics and ceramics markets2×
  6. 5Foreign-exchange fluctuation risk, including yen appreciation2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Ibiden's next results are scheduled for 2026-10-29. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Risk of additional costs associated with structural reforms in the Electronics business | IBIDEN CO.,LTD. (4062) | Komori