Recognition of an impairment loss on parking facilities in the United Kingdom
First written in FY2020-Q2. 1 of 9 entries say "Restated". Latest entry: FY2025.
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- FY2025Continued impairment of intangible assets related to UK contractsAnnual report
「During the fourth quarter of the fiscal year, an impairment loss of ¥2,453 million was recognized in the UK on contract-related intangible assets.」
The company recognized an impairment loss of ¥2,453 million on contract-related intangible assets in the UK, following the previous fiscal year. - FY2023Impairment recognized on UK-related intangible assetsAnnual report
「During the fiscal year, as the impact of COVID-19 eased and the UK business as a whole moved toward a recovery in profitability, we reassessed the profitability of each region, which is the unit at which impairment is recognized. We determined that profitability was low in some regions, reduced the carrying amounts of the relevant assets to their recoverable amounts, and recognized the reductions as impairment losses.」
Although profitability in the UK business was recovering, the company recognized an impairment loss of ¥3,269 million on contract-related intangible assets in certain regions. - FY2022-Q1No charge recorded for the current quarterAnnual report
「Not applicable.」
No impairment loss on fixed assets was recognized during the quarter. - FY2021Significant decrease in impairment lossesAnnual report
「Breakdown of impairment losses by type: buildings and structures, ¥37 million; tools, furniture and fixtures, ¥58 million; long-term prepaid expenses, ¥42 million; total, ¥138 million.」
Impairment losses fell sharply from ¥31,938 million in the previous fiscal year to ¥138 million, with the assets subject to impairment limited to overseas and domestic parking facilities and other assets. - FY2021-Q2RestatedAnnual report
「In the domestic and overseas parking segments, we recognized impairment losses on parking facilities. During the first 6 months of the fiscal year, the impairment loss was ¥58 million in the domestic parking segment and ¥0 million in the overseas parking segment.」
The company continues to recognize impairment losses, primarily on domestic parking facilities. - FY2021-Q1Impairment recognized on domestic parking facilitiesAnnual report
「In the domestic parking segment, we recognized an impairment loss on parking facilities. The impairment loss recognized during the first quarter of the fiscal year was ¥58 million.」
The assets subject to impairment shifted from overseas parking facilities, as reported through the previous fiscal year, to domestic parking facilities in the first quarter of the fiscal year, resulting in an impairment loss of ¥58 million. - FY2020Significant increase in impairment lossesAnnual report
「Breakdown of impairment losses by type: buildings and structures, ¥1,565 million; machinery, equipment and vehicles, ¥476 million; tools, furniture and fixtures, ¥3,723 million; right-of-use assets, ¥1,703 million; goodwill, ¥19,378 million; contract-related intangible assets, ¥4,850 million; long-term prepaid expenses, ¥241 million; total, ¥31,938 million.」
Impairment losses on overseas parking facilities and other assets increased sharply from ¥31 million during the first 6 months of the fiscal year and ¥74 million during the first 9 months to ¥31,938 million for the full fiscal year. The assets subject to impairment also expanded to include goodwill, contract-related intangible assets and right-of-use assets. - FY2020-Q3Higher Impairment LossesAnnual report
「In the overseas parking segment, we recognized an impairment loss on parking facilities. The impairment loss recognized during the first 9 months of the fiscal year was ¥74 million.」
The impairment loss on parking facilities in London and elsewhere in the UK increased from ¥31 million during the first 6 months of the fiscal year to ¥74 million during the first 9 months. - FY2020-Q2First statedAnnual report
「In the overseas parking segment, we recognized an impairment loss on parking facilities. The impairment loss recognized during the first 6 months of the fiscal year was ¥31 million.」
The company disclosed for the first time that it recognized an impairment loss of ¥31 million during the first 6 months of the fiscal year on parking facilities in London and other parts of the UK.