Risk of impairment of fixed assets due to declining profitability in the tape business
First written in FY2024-Q2. 3 of 6 entries say "Worsened", first in FY2024-Q3. Latest entry: 2026-11-12.
No other company in this theme has enough history to compare yet.
- 2026-11-12MaterialisedResults
「安城工場の第１・第２攪拌棟について、今後の使用が見込まれず、建屋を解体する方針を決定したことから、帳簿価額を回収可能価額まで減額し、当該減少額35百万円を減損損失として認識しております。」
工場再編に伴い、遊休資産の減損損失35百万円が実際に認識されている。 - FY2026WorsenedAnnual report
「Accordingly, the company expects to record ¥510 million in costs related to the removal of production facilities as an extraordinary loss in the fiscal year ending March 2027. Removal work is also scheduled to continue in the fiscal years ending March 2028 and March 2029.」
The removal of facilities associated with improving profitability and restructuring production in the tape business has taken concrete shape. The company expects to record ¥510 million in costs in the fiscal year ending March 2027, with the work scheduled to continue in the fiscal years ending March 2028 and March 2029. - 2026-05-14RestatedResults
「当連結会計年度において、テープ事業は原材料価格の高騰等により収益性が低下したため、減損の兆候があると判断しておりますが、減損損失の認識の判定において、当該資産グループから得られる割引前将来キャッシュ・フローの総額がその帳簿価額を上回っていたことから、減損損失を認識しておりません。」
テープ事業の減損兆候は継続しているが、当期の減損損失は認識していない。 - FY2025-H1WorsenedAnnual report
「To establish an optimal production system and reorganize the division of production across the Group, the Company decided during the interim consolidated accounting period to halt production on part of the coating equipment at the Saitama and Anjo Plants.」
The company decided to halt production at part of its facilities to improve profitability in the tape business, resulting in a reduction in profit due to shorter useful lives of property, plant and equipment. No impairment loss itself was recorded for the tape business. - FY2024-Q3WorsenedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, the company determined that there were indications of impairment in the tape business because profitability had declined due to soaring raw-material prices and other factors. However, in assessing whether to recognize an impairment loss, the total undiscounted future cash flows expected from the asset group exceeded its carrying amount, so no impairment loss was recognized.」
Lower profitability in the tape business and indications of impairment of property, plant and equipment have continued. Although no impairment loss has been recognized, the segment deteriorated from a ¥884 million profit in the previous-year period to a ¥25 million loss. - FY2024-Q2First statedAnnual report
「The company determined that there were indications of impairment because profitability in the tape business had declined due to soaring raw-material prices and other factors. However, in assessing whether to recognize an impairment loss, the total undiscounted future cash flows expected from the asset group exceeded its carrying amount, so no impairment loss was recognized.」
The company determined that lower profitability in the tape business indicated potential impairment of property, plant and equipment, but no impairment loss was recognized in the current quarter because future cash flows exceeded the carrying amount.