Impairment and recoverability of fixed assets
First written in FY2016. 2 of 6 entries say "Restated". Latest entry: FY2024.
No other company in this theme has enough history to compare yet.
- FY2024MaterialisedAnnual report
「Because the investment in the above operating assets was no longer expected to be recovered due to declining profitability, the carrying amount of the asset group was reduced to its recoverable amount, and the reduction of ¥19 million was recorded as an impairment loss under extraordinary losses.」
An impairment loss of ¥19 million was recorded on assets in the PV segment for which future cash flows were not expected. The risk concerning the recoverability of fixed assets has materialised. - FY2022MaterialisedAnnual report
「In addition, in the SE and Energy segments, we reviewed future recoverability in light of the current business environment and outlook, among other factors. As a result, we recorded an impairment loss of ¥226 million on owned fixed assets under extraordinary losses.」
A decline in the recoverability of fixed assets actually occurred, resulting in impairment losses of ¥186 million in the SE segment and ¥40 million in the Energy segment, for a total of ¥226 million. - FY2021RestatedAnnual report
「Although the Group has carried out all impairment and other necessary accounting treatments as of the present time, if an impairment loss on fixed assets is recorded in the future due to a decline in the market value of assets held or the state of future cash flows, this may affect the Group's performance and financial condition.」
The Group continues to explain the risk of impairment of fixed assets and that the necessary impairment accounting has been carried out. Segment information for the current year reports no applicable impairment loss. - FY2019RestatedAnnual report
「If an impairment loss on fixed assets is recorded in the future due to a decline in the market value of assets held or the state of future cash flows, this may affect the performance and financial condition of the Group.」
The risk of impairment of fixed assets continues to be disclosed. Segment information for the current year reports no applicable impairment loss on fixed assets. - FY2017MitigatedAnnual report
「If an impairment loss on fixed assets is recorded in the future due to a decline in the market value of assets held or the state of future cash flows, this may affect the performance and financial condition of the Group.」
The risk of impairment of fixed assets continues to be disclosed, but impairment losses for the current consolidated fiscal year are reported as not applicable. - FY2016First statedAnnual report
「For the SE segment, we have reviewed the recoverability of the assets in light of, among other factors, the impact of changes in the market environment for the solar power generation business. As a result, the carrying amounts of these asset groups were reduced to their recoverable amounts, and the reduction of ¥991 million was recorded as an impairment loss under extraordinary losses.」
The recoverability of assets in the SE segment and other businesses was reviewed, and an impairment loss of ¥991 million was recorded for the year.