Impairment Loss on Idle Assets (Facility Adjacent to Sakata Plant)
First written in FY2017-Q3. . Latest entry: FY2018.
The whole theme swung hardest in 2019: 6 of 13 companies on the "Worse" side.
2 other companies' latest entry also says "Other".
- FY2018No impairment loss in the current fiscal yearAnnual report
「There were no applicable matters for the consolidated fiscal year (1 December 2017 to 30 November 2018).」
While the company presented the ¥319.318 million impairment loss recognized in the previous fiscal year on the facility adjacent to the Sakata Plant as comparative information, it stated that there was no impairment loss in the current consolidated fiscal year. - FY2017-Q3First statedAnnual report
「The company recognized impairment losses on the following assets: idle assets, comprising buildings and structures, machinery and equipment, land and other assets, for a total of ¥319.318 million. Because the tenant operating the multipurpose direct-sales facility and premises adjacent to the employee dormitory at the Sakata Plant vacated the property and future use was not expected, the company reduced the carrying amount to the recoverable amount and recognized an impairment loss.」
The company recognized an impairment loss of ¥319.318 million on buildings, machinery and equipment, land and other assets during the cumulative third-quarter period for idle assets whose future use was no longer expected because the tenant vacated the property.