Komori
Taoka Chemical (4113) · RiskRestated

Idling and impairment of dye production equipment at the Yodogawa Plant following lower sales of synthetic dyes

First written in FY2017-Q3. 8 of 13 entries say "Restated". Latest entry: FY2025-H1.

13entries
8years
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q3 – FY2022-Q3MitigatedFY2022RestatedFY2024-Q1 – FY2025-H12017: 320172018: 220182019: 020192020: 020202021: 320212022: 220222023: 120232024: 22024
Same theme, other companies
Idling and impairment of Yodogawa Plant equipment following declining synthetic dye salesA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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Full recordFilings, disclosures and news, newest first
  1. FY2025-H1RestatedAnnual report

    「During the current interim consolidated fiscal period, there were no significant changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business, accounting situation and other matters described in this interim report, nor in the significant risks described under "Business and Other Risks" in the annual securities report for the previous fiscal year.」

    No material changes were indicated regarding the idling and impairment of the Yodogawa Plant facilities resulting from lower sales of synthetic dyes.
  2. FY2024-Q3RestatedAnnual report

    「During the cumulative third quarter of the current consolidated fiscal year, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating performance or cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the business and other risks described in the annual securities report for the previous fiscal year.」

    No material changes were indicated during the quarter regarding the idling and impairment of the Yodogawa Plant facilities resulting from lower sales of synthetic dyes.
  3. FY2024-Q1RestatedAnnual report

    「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」

    No material changes were indicated during the quarter regarding the idling and impairment of the Yodogawa Plant facilities resulting from lower sales of synthetic dyes.
  4. FY2022MitigatedAnnual report

    「There were no applicable items during the current consolidated fiscal year.」

    No impairment of the Yodogawa Plant's dye facilities resulting from lower sales of synthetic dyes occurred during the current fiscal year, and impairment losses for the year were zero, separate from the dye plant dismantling costs and other expenses described for the previous fiscal year.
  5. FY2022-Q3RestatedAnnual report

    「During the cumulative third quarter of the current consolidated fiscal year, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating performance or cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the business and other risks described in the annual securities report for the previous fiscal year.」

    No material changes were indicated during the quarter regarding the idling and impairment of the Yodogawa Plant facilities resulting from lower sales of synthetic dyes.
  6. FY2022-Q2RestatedAnnual report

    「During the cumulative second quarter of the current consolidated fiscal year, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating performance or cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the business and other risks described in the annual securities report for the previous fiscal year.」

    No material changes were indicated during the quarter regarding the idling and impairment of the Yodogawa Plant facilities resulting from lower sales of synthetic dyes.
  7. FY2022-Q1RestatedAnnual report

    「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」

    No material changes were indicated during the quarter regarding the idling and impairment of the Yodogawa Plant facilities resulting from lower sales of synthetic dyes.
  8. FY2021Dye plant removal costs recognizedAnnual report

    「The company recorded ¥278 million in losses on the disposal of property, plant and equipment, including costs for dismantling the dye plant, and ¥121 million in impairment losses on facilities for pharmaceutical intermediates, for a combined total of ¥400 million.」

    The description changed from idling and impairment of the former dye facilities to losses on the disposal of property, plant and equipment, including costs for dismantling the dye plant, for the current fiscal year.
  9. FY2018DroppedAnnual report

    「An extraordinary loss of ¥154 million was recognized. This was primarily due to losses on the disposal of property, plant and equipment, including machinery and transportation equipment at the Yodogawa Plant, and impairment losses recognized at overseas subsidiaries.」

    The current period contains no direct reference to the idling and impairment of dye equipment at the Yodogawa Plant following lower sales of synthetic dyes, instead referring to losses on the disposal of fixed assets at the Yodogawa Plant and impairment losses at overseas subsidiaries.
  10. FY2018-Q3RestatedAnnual report

    「During the nine-month period ended 31 December, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」

    It was reported that there were no material changes in the idling and impairment of dye equipment at the Yodogawa Plant following lower sales of synthetic dyes.
  11. FY2018-Q2RestatedAnnual report

    「During the cumulative second quarter of the current consolidated fiscal year, there were no significant changes in matters relating to the business or accounting situation described in this quarterly report that could materially affect investors' decisions, nor in the significant risks described under "Business and Other Risks" in the annual securities report for the previous fiscal year.」

    It was reported that there were no material changes in the idling and impairment of dye equipment at the Yodogawa Plant following lower sales of synthetic dyes.
  12. FY2017Re-presented as a prior-year impairment; none incurred in the current yearAnnual report

    「There were no applicable matters during the consolidated fiscal year from 1 April 2016 to 31 March 2017.」

    The idling and impairment of dye production equipment at the Yodogawa Plant following lower sales of synthetic dyes was reported for the previous fiscal year, while no impairment loss was reported for the current fiscal year.
  13. FY2017-Q3First statedAnnual report

    「In the Chemicals segment, lower sales of synthetic dyes reduced utilization of the dye production equipment at the Yodogawa Plant, leaving it idle. The carrying amount of the asset was therefore written down to its recoverable amount, and the resulting reduction of ¥41.63 million was recognized as an impairment loss under extraordinary losses.」

    The comparative information for the consolidated cumulative period of the same quarter of the previous year reports the idling of equipment at the Yodogawa Plant and an impairment loss of ¥41.63 million following lower sales of synthetic dyes. No impairment loss was reported for the consolidated cumulative period of the third quarter of the current year.
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