Impairment loss from the suspension of core system development and idle equipment
First written in FY2019. 3 of 12 entries say "Materialised", first in FY2019. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026MaterialisedAnnual report
「At a meeting of the Board of Directors held on 9 April 2025, the company resolved to dissolve and liquidate its consolidated subsidiary Tigers Polymer (Malaysia) Sdn. Bhd. After reviewing future recoverability, the company reduced the carrying amount to the recoverable amount and recorded ¥8.301 million as an impairment loss under extraordinary losses.」
Following the resolution to dissolve and liquidate the Malaysian subsidiary, the company recorded an impairment loss of ¥8.301 million on factory production equipment. - FY2026-H1No interim impairment lossAnnual report
「3. Information on impairment losses on property, plant and equipment or goodwill and other items by reporting segment Not applicable.」
The company reported that there were no impairment losses or other losses on fixed assets related to reportable segments for the interim consolidated accounting period. - FY2025MitigatedAnnual report
「The company seeks to mitigate this risk by reviewing the profitability of capital investment projects, approving them and making adjustments as necessary.」
As measures to address the risk of impairment of fixed assets, the company reported capital investment plans based on demand forecasts and existing production capacity, together with profitability reviews and approvals by the parent company. - FY2024No Impairment Losses in the Current YearAnnual report
「[Information on impairment losses on fixed assets by reportable segment] Consolidated fiscal year: None.」
The company reported that there were no impairment losses on fixed assets for the FY2024 reportable segments. - FY2024-Q3No impairment loss in the third quarterAnnual report
「3. Information on impairment losses on property, plant and equipment or goodwill and other items by reporting segment Not applicable.」
The company reported that there were no impairment losses or other losses on fixed assets related to reportable segments for the cumulative third-quarter consolidated period. - FY2023-Q3No impairment loss in the third quarterAnnual report
「3. Information on impairment losses on property, plant and equipment or goodwill and other items by reporting segment Not applicable.」
The company reported that there were no impairment losses or other losses on fixed assets related to reportable segments for the cumulative third-quarter consolidated period. - FY2023-Q1No impairment losses in the first quarterAnnual report
「3. Information on impairment losses on property, plant and equipment or goodwill and other items by reporting segment Not applicable.」
The company reported that there were no impairment losses or other losses on fixed assets related to reportable segments for the cumulative first-quarter consolidated period. - FY2022No Impairment Losses in the Current YearAnnual report
「As a result, the recoverable amount was not below the carrying amount, and the company determined that no impairment loss needed to be recorded for the consolidated fiscal year.」
The company conducted an impairment assessment of Tigerpoly Manufacturing, Inc., which continues to report operating losses, but recorded no impairment loss in FY2022. - FY2022-Q3No impairment loss in the third quarterAnnual report
「3. Information on impairment losses on property, plant and equipment or goodwill and other items by reporting segment Not applicable.」
The company reported that there were no impairment losses or other losses on fixed assets related to reportable segments for the cumulative third-quarter consolidated period. - FY2021No Impairment Losses in the Current YearAnnual report
「As a result, the recoverable amount was not below the carrying amount, and the company determined that no impairment loss needed to be recorded for the consolidated fiscal year.」
After recording an impairment loss of ¥431.995 million in Ohio, USA, in the previous fiscal year, the company conducted an impairment assessment of Tigerpoly Manufacturing, Inc., which continues to report operating losses, but recorded no impairment loss in the current fiscal year. - FY2020MaterialisedAnnual report
「As a result, the carrying amount was reduced to the recoverable amount, and the decrease of ¥431.995 million was recorded as an impairment loss under extraordinary losses.」
The company recorded an impairment loss of ¥431.995 million on land, buildings and manufacturing equipment at its plant in Ohio, USA, due to continuing operating losses. - FY2019MaterialisedAnnual report
「The company recorded ¥320.340 million in impairment losses on the core system and ¥24.393 million on home-appliance hose manufacturing equipment as extraordinary losses.」
The company recorded total impairment losses of ¥344.733 million, arising from the suspension of core system development due to delivery delays and other factors, and the idle home-appliance hose manufacturing equipment in Malaysia.