Impairment Indicators for Fixed Assets Used in Operations and Dependence on Future Cash Flows
First written in FY2022. 1 of 3 entries say "Reframed", first in FY2023. Latest entry: FY2026.
Nippon Shikizai moved to the "Worse" side of this theme in 2023, 4 years after the typical company in this theme (2019).
The whole theme swung hardest in 2020: 13 of 15 companies on the "Worse" side.
4 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Although impairment indicators were identified for the operating assets of Nippon Shikizai France S.A.S., which had a carrying amount of ¥339,247 thousand on the consolidated balance sheet for the current consolidated fiscal year, no impairment loss was recognized because the total undiscounted future cash flows exceeded their carrying amount.」
Impairment indicators continued to apply to Nippon Shikizai France, and the amount of the assets concerned increased from ¥273,656 thousand previously to ¥339,247 thousand. No impairment loss was recognized. - FY2023The assets subject to impairment indicators were specified as those of Nippon Shikizai France.Annual report
「Although impairment indicators were identified for the operating assets of Nippon Shikizai France S.A.S., which had a carrying amount of ¥273,656 thousand on the consolidated balance sheet for the current consolidated fiscal year, no impairment loss was recognized because the total undiscounted future cash flows exceeded their carrying amount.」
The disclosure of impairment indicators was specified as relating to the operating assets of Nippon Shikizai France, totaling ¥273,656 thousand, rather than the domestic operating assets previously cited. No impairment loss was recognized. - FY2022First statedAnnual report
「During the fiscal year under review, indicators of impairment were identified in the Company’s operating assets, with a carrying amount of ¥7,720,725 thousand on the consolidated balance sheet. However, no impairment loss was recognized because total undiscounted future cash flows exceeded the carrying amount.」
Although indicators of impairment were identified in operating assets totaling ¥7,720.725 million, no impairment loss was recognized based on projected future cash flows.