Risk of Impairment Losses on Fixed Assets
First written in FY2020. 2 of 3 entries say "Materialised", first in FY2023. Latest entry: FY2024.
Accrete moved to the "Worse" side of this theme in 2024, 3 years after the typical company in this theme (2021).
3 other companies' latest entry also says "Materialised".
- FY2024MaterialisedAnnual report
「At VietGuys J.S.C., our consolidated subsidiary, customer-related assets were recognized when the shares were acquired. Following a review of the medium-term business plan prompted by a change in the management structure, the business development plan changed from that anticipated at the time of the share acquisition, resulting in the recognition of an impairment loss.」
The company recognized an impairment loss of ¥425,463 thousand on VGS customer-related assets and ¥14,480 thousand on software. - FY2023MaterialisedAnnual report
「With respect to our software, we recognized an impairment loss because its future use was no longer expected following the termination of the relevant service.」
Following the termination of the service, the company recognized an impairment loss of ¥6,331 thousand on software, and the risk of impairment of fixed assets materialized. - FY2020First statedAnnual report
「If it becomes necessary to recognize impairment losses on the fixed assets held by the company, this may affect its financial position and operating results.」
The company has, for the first time, explicitly identified the risk of recognizing impairment losses if future cash flows from fixed assets fall below their carrying amounts.