Continued Losses at Domestic and Chinese Subsidiaries and Impairment Losses
First written in FY2024. 2 of 4 entries say "Materialised", first in FY2024. Latest entry: FY2026.
DaikyoNishikawa moved to the "Worse" side of this theme in 2024.
0 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「The consolidated subsidiary 大協西川汽車部件(南京)有限公司, which has ¥1,653 million in tangible fixed assets, recorded operating income for the current consolidated fiscal year. In addition, based on our review of future business plans, we determined that there were no indications of impairment because net cash flows generated by the fixed assets and operating income had not deteriorated significantly.」
While impairment losses arose at Chinese, domestic and other subsidiaries in the previous fiscal year, the Nanjing subsidiary recorded operating income in FY2026 and was determined to have no impairment indicators. - 2026-05-13MitigatedEarnings
「Impairment losses 93 —」
The impairment loss of ¥93 million recognized in the previous fiscal year was not recognized in the current fiscal year, indicating a temporary numerical decline in impairment risk at domestic and Chinese subsidiaries. - FY2025MaterialisedAnnual report
「At the consolidated subsidiary 大協西川汽車部件(常熟)有限公司, operating income has remained negative, and we determined that there were indications of impairment.」
Impairment indicators emerged at the Chinese subsidiary in Changshu due to continued losses, and an impairment loss of ¥93 million was recognized. Although the impairment loss decreased from ¥1,382 million in the previous fiscal year, earnings and asset risks at the domestic and Chinese subsidiaries remain. - FY2024MaterialisedAnnual report
「At the consolidated subsidiaries 三伸化工株式会社 and デック株式会社, operating income has remained negative, and we determined that there were indications of impairment. As the carrying amounts of the fixed assets held by each company exceeded their recoverable amounts, we reduced the carrying amounts to their recoverable amounts and recognized the reductions as impairment losses for the current consolidated fiscal year.」
Impairment losses were recognized at 三伸化工, デック, 大協西川東陽汽車部件（南京）有限公司 and other entities, bringing total impairment losses to ¥1,382 million. Continued operating losses and declines in asset values were disclosed as actual results.