Obsolescence and impairment of rental assets
First written in FY2016. 2 of 5 entries say "Restated". Latest entry: FY2021.
0 other companies' latest entry also says "Mitigated".
- FY2021MitigatedAnnual report
「To address these risks, the company seeks to avoid them by continuously monitoring customer demand trends and purchasing and replacing rental assets appropriately.」
The company continues to address the risks of obsolescence, impairment and disposal of rental assets by purchasing and replacing them based on demand trends. - FY2020MitigatedAnnual report
「To address these risks, the company seeks to avoid them by continuously monitoring customer demand trends and purchasing and replacing rental assets appropriately.」
The report identifies purchasing and replacing rental assets based on demand trends as countermeasures against the risks of obsolescence, impairment and disposal. - FY2019RestatedAnnual report
「Rapid changes in market conditions and technological innovation, as well as the emergence of new products from competitors, could require these rental assets to be replaced or render them obsolete. If the group is forced to recognize impairment losses or dispose of such assets, its results could be affected.」
The report continues to identify risks related to the replacement, obsolescence, impairment and disposal of rental assets. - FY2017RestatedAnnual report
「Rapid changes in market conditions and technological innovation, as well as the emergence of new products from competitors, could require these rental assets to be replaced or render them obsolete. If the company is forced to recognize impairment losses or dispose of such assets, its results could be affected.」
The report reiterates the risks of obsolescence, impairment and disposal associated with substantial holdings of rental assets. - FY2016First statedAnnual report
「Rapid changes in market conditions and technological innovation, as well as the emergence of new products from competitors, could require these rental assets to be replaced or render them obsolete. If the company is forced to recognize impairment losses or dispose of such assets, its results could be affected.」
The report indicates the possibility of replacing, obsolescence, impairment and disposal of rental assets due to the company's substantial holdings of such assets.