Risk of impairment indicators for fixed assets in the Coatings business
First written in FY2024. 2 of 5 entries say "Materialised", first in FY2025. Latest entry: FY2026.
Fujikura Kasei moved to the "Worse" side of this theme in 2025.
0 other companies' latest entry also says "Other".
- FY2026Impairment losses continue, but at a reduced levelAnnual report
「In the current consolidated fiscal year, the company recognized impairment losses on the following assets. Coatings business assets: total ¥106.556 million.」
Impairment losses on Coatings business assets declined from ¥791.353 million in the previous fiscal year to ¥106.556 million, but impairment losses continued to be recognized on assets for which no future cash flows could be expected. - FY2025MaterialisedAnnual report
「In the current consolidated fiscal year, the company recognized impairment losses on the following assets. Coatings business assets: total ¥791.353 million. Because the decline in profitability of the above Coatings business assets made recovery of the investment unlikely, their carrying amount was reduced to the recoverable amount, with the reduction recognized as an impairment loss.」
For the fixed assets of the Coatings business for which impairment indicators had been identified in the previous fiscal year, the company actually recognized an impairment loss of ¥791 million due to a decline in profitability. - FY2024First statedAnnual report
「In the current consolidated fiscal year, the company determined that impairment indicators existed for the asset group comprising the tangible and intangible fixed assets of FUJIKURA KASEI CO.,LTD.'s Coatings business, because the profit or loss generated by the operating activities in which the asset group is used has remained negative. In determining whether to recognize an impairment loss, the total undiscounted future cash flows expected from the asset group exceeded its carrying amount, and therefore no impairment loss was recognized.」
The company identified impairment indicators for ¥2,810.723 million of fixed assets in the Coatings business, but did not recognize an impairment loss because undiscounted future cash flows exceeded the carrying amount. It stated that future impairment losses could arise as a result of lower sales volumes and slowing growth.