Changes to the Renewable Energy Business Plan and Impairment of Property, Plant and Equipment
First written in FY2017-Q3. . Latest entry: FY2019.
0 other companies' latest entry also says "Other".
- FY2019Impairment loss recognized following business discontinuationAnnual report
「At a meeting of the Board of Directors held on 20 February 2019, the company resolved, among other matters, to discontinue the Renewable Energy Business as of 31 March 2020. As a result, recovery of the investment was no longer expected, so the carrying amount of property, plant and equipment was reduced to its recoverable amount, and the reduction of ¥26.655 million was recognized as an impairment loss and recorded under extraordinary losses.」
Following the decision to discontinue the Renewable Energy Business, the company recognized an impairment loss of ¥26.655 million on property, plant and equipment. - FY2017-Q3First statedAnnual report
「An impairment loss was recognized because the plan for property, plant and equipment held in the Renewable Energy Business segment had been changed. The impairment loss recognized amounted to ¥243.071 million.」
The company newly discloses the recognition of a ¥243.071 million impairment loss on property, plant and equipment in the Renewable Energy Business following a change in plan.