Impact of impairment losses on ROE and net income
First written in FY2018. 4 of 7 entries say "Materialised", first in FY2019-Q3. Latest entry: FY2026.
Koatsu Gas Kogyo 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 2025: 18 of 31 companies on the "Worse" side.
17 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「During the consolidated fiscal year, the Group recorded impairment losses on the following asset groups.」
Impairment losses totaling ¥176 million were recorded for idle land, sales offices, factories, dormitories and other assets. The reasons cited were the consolidation and closure of sales offices and factories, assets becoming idle, and a policy of selling them. - FY2026-H1MaterialisedAnnual report
「Impairment loss － 44」
An impairment loss of ¥44 million was recorded for the interim consolidated accounting period, compared with no loss recorded in the previous interim consolidated accounting period. - FY2022MitigatedAnnual report
「Not applicable.」
No impairment losses were recorded during the consolidated fiscal year, compared with impairment losses recorded in the previous year. - FY2021MaterialisedAnnual report
「During the consolidated fiscal year, the Group recorded impairment losses on the following asset groups.」
An impairment loss totaling ¥43.755 million was recorded for factory assets in Sakai City and idle land in Hiki District, Saitama Prefecture. The reasons cited were the transfer of the acetylene manufacturing business and changes in usage associated with the relocation of sales offices. - FY2019MitigatedAnnual report
「This was mainly because, although profit before income taxes increased by ¥786 million, the increase in trade receivables was ¥520 million greater than in the previous consolidated fiscal year and impairment losses decreased by ¥616 million.」
Impairment losses decreased by ¥616 million from the previous year, and the amount recorded for the year was ¥10.275 million. - FY2019-Q3MaterialisedAnnual report
「Impairment loss 1,778」
An impairment loss of ¥1.778 million was recorded as an extraordinary loss for the cumulative third quarter of the consolidated fiscal year. - FY2018First statedAnnual report
「The decline in return on equity (ROE) for the fiscal year was mainly attributable to impairment losses.」
Impairment losses were cited as the main cause of the decline in ROE for the year, and an impairment loss of ¥627 million was recorded as an extraordinary loss.