Impairment losses on property, plant and equipment and risk of further impairment
First written in FY2024. 1 of 2 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 69 of 117 companies on the "Worse" side.
25 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The group applies the Accounting Standard for Impairment of Fixed Assets. Depending on the future profit or loss and cash-flow conditions of group companies, impairment charges may become necessary and could affect the group's operating results and financial position.」
The company continues to disclose the possibility of further impairment depending on profit or loss and cash flows, even after an impairment loss was recognized in the previous fiscal year. - FY2024First statedAnnual report
「In accordance with the Accounting Standard for Impairment of Fixed Assets, the group recognized an impairment loss of ¥1,576.370 million in the fiscal year ended March 2024. Depending on the future profit or loss and cash-flow conditions of group companies, further impairment charges may become necessary and could affect the group's operating results and financial position.」
Due to declining profitability of fixed assets, the company actually incurred an impairment loss of ¥1,576.370 million in the fiscal year ended March 2024 and newly disclosed the risk of further impairment depending on future profit or loss and cash flows.