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G-Next (4179) · FactFirst stated

Recognition of Impairment Losses on Fixed Assets and Investment Securities

First written in FY2023. . Latest entry: FY2023.

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Combined recognition of impairment losses on fixed assets and valuation losses on investment securitiesA theme 4 companies write about · 4 as a headwind · 0 as a tailwind

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  1. FY2023First statedAnnual report

    「Special losses for the fiscal year amounted to ¥52.966 million, an increase of 224.5% year on year. This was mainly because the company recognised impairment losses on property, plant and equipment and intangible assets after assessing their future recoverability in accordance with the Accounting Standard for Impairment of Fixed Assets, and recognised a valuation loss on investment securities through impairment accounting because the market value of the investment securities it held had fallen substantially below their acquisition cost.」

    The company disclosed for the first time in specific terms that impairment losses on property, plant and equipment and valuation losses on investment securities were the main causes of special losses for the fiscal year.
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Recognition of Impairment Losses on Fixed Assets and Investment Securities | G-NEXT Inc. (4179) | Komori