Impairment Risk for Non-Financial Assets
First written in FY2020-Q3. 4 of 7 entries say "Materialised", first in FY2020. Latest entry: 2026-07-31.
Air Water moved to the "Worse" side of this theme in 2020, 1 year before the typical company in this theme (2021).
The whole theme swung hardest in 2026: 70 of 132 companies on the "Worse" side.
59 other companies' latest entry also says "Materialised".
- 2026-07-31MaterialisedRevisions to earnings forecasts
「On the profit side, the recording of impairment losses on property, plant and equipment and goodwill, mainly in overseas businesses, was a factor due to the stricter application of accounting standards.」
Impairment losses on property, plant and equipment and goodwill were recorded mainly in overseas businesses, causing operating profit, profit before tax and profit attributable to owners of the parent to fall below the previous forecast. - FY2026WorsenedAnnual report
「In the fiscal year under review, the Company recognized impairment losses of ¥107,981 million and recorded them under "Other expenses" in the consolidated income statement.」
The impairment risk for non-financial assets increased significantly, with impairment losses rising from ¥9.518 billion in the previous fiscal year to ¥107.981 billion. - FY2026-H1WorsenedAnnual report
「During the interim consolidated accounting period, the company recognized an impairment loss of ¥37,827 million and recorded it under “Other expenses” in the consolidated income statement.」
The impairment risk for non-financial assets increased, with impairment losses for the interim period expanding to ¥3,782.7 million. The main assets affected included the Indian industrial gases business, the Southeast Asian UPS business, the North American gases and cryogenic equipment businesses, and Ecofroz. - FY2025MaterialisedAnnual report
「During the current consolidated fiscal year, the company recognized an impairment loss of ¥1.089 billion and recorded it under Other expenses in the consolidated statement of profit or loss.」
Regarding the risk of impairment of non-financial assets, the company recorded an impairment loss of ¥1,089 million in the fiscal year, primarily in the frozen broccoli business. - FY2021MaterialisedAnnual report
「Fiscal year ended 31 March 2021 | Company-wide assets | Buildings and structures, etc. | 506 | Total | 560」
Regarding impairment risk for non-financial assets, the company recorded an impairment loss of ¥560 million for the current fiscal year, primarily on offices for which withdrawal had been decided. - FY2020MaterialisedAnnual report
「Consolidated fiscal year (31 March 2020) Segment Type of asset Impairment loss (¥ million) Chemicals-related business Machinery and equipment, vehicles and other assets 992 Agriculture and food-related business Buildings and structures and other assets 20 Total 1,012」
Regarding impairment risk for non-financial assets, the company recognized an impairment loss of ¥1,012 million in the fiscal year ended March 2020 in connection with the closure of a Chinese plant whose resumption of operations was not foreseeable. - FY2020-Q3First statedAnnual report
「For non-financial assets, excluding inventories and deferred tax assets, we determine whether there are indications of impairment for the relevant asset or cash-generating unit (hereinafter, the “relevant asset”). If there are indications of impairment, we estimate the recoverable amount of the relevant asset and conduct an impairment test. Goodwill and intangible assets with indefinite useful lives are tested for impairment each period regardless of whether there are indications of impairment. If an impairment loss arises, it may affect the Group's business development, operating performance and financial position.」
Impairment of non-financial assets was disclosed independently for the first time as a risk that could have a material impact on investment decisions. An impairment loss of ¥4,488 million was recognized on the date of transition to IFRS, including ¥2,297 million relating to property, plant and equipment and other assets of agriculture and food-related subsidiaries. Actual impairment results were also disclosed in the notes.