Risk of impairment of fixed assets
First written in FY2016. 4 of 21 entries say "Mitigated", first in FY2017. Latest entry: FY2026.
Sumitomo Osaka Cement moved to the "Worse" side of this theme in 2026, 5 years after the typical company in this theme (2021).
The whole theme swung hardest in 2026: 67 of 129 companies on the "Worse" side.
58 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Among the assets held by the Group, we determined that there was no prospect of future use for assets used in the coal-fired power generation business in the cement business, assets used in the functional coatings manufacturing business in the new materials business, and assets used in the ready-mixed concrete manufacturing business in the Other business. We therefore reduced their carrying amounts to their memorandum values and recognised the reduction of ¥3,243 million as an impairment loss under extraordinary losses.」
There was a significant change from the small impairment loss in the previous fiscal year, with impairment losses of ¥3,243 million recognised, including ¥3,118 million on assets used in the coal-fired power generation business. - FY2025Small impairment loss recognisedAnnual report
「For the consolidated fiscal year from 1 April 2024 to 31 March 2025, disclosure has been omitted because the matter is not material.」
An impairment loss of ¥14 million arose in the current fiscal year, but was deemed immaterial. This represents a change from zero impairment losses in the previous fiscal year to a small impairment loss. - FY2024RestatedAnnual report
「For the consolidated fiscal year from 1 April 2023 to 31 March 2024, there were no applicable items.」
There were no impairment losses in the current fiscal year, and the current-period impact remains limited, as in the previous quarter. At the same time, the possibility of impairment arising from future changes in the business environment remains a risk. - FY2024-Q3RestatedAnnual report
「Impairment loss 14 －」
Impairment losses for the cumulative third quarter of the current fiscal year were zero, down from ¥14 million in the same period of the previous fiscal year. As in the previous quarter, the current-period impact of impairment of fixed assets remains limited. - FY2024-Q2MitigatedAnnual report
「Impairment loss 14 －」
Impairment losses for the cumulative second quarter of the current fiscal year were zero, down from ¥14 million in the same period of the previous fiscal year. The current-period impact of impairment of fixed assets has weakened. - FY2023-Q2Increase in small impairment lossesAnnual report
「Impairment loss 12 14」
Impairment losses for the cumulative second quarter of the current fiscal year amounted to ¥14 million, a slight increase from ¥12 million in the same period of the previous fiscal year. Impairment of fixed assets continues to occur, although the amount is small. - FY2022RestatedAnnual report
「Rental income and expenses relating to the investment property during the consolidated fiscal year amounted to ¥1,169 million, and impairment losses amounted to ¥12 million.」
Impairment of fixed assets continues to occur, although the amount is small at ¥12 million. - FY2022-Q3Small impairment losses continueAnnual report
「Impairment loss 11 12」
Impairment losses for the cumulative third quarter of the current fiscal year amounted to ¥12 million, a slight increase from ¥11 million in the same period of the previous fiscal year. Impairment of fixed assets continues to occur, although the amounts are small. - FY2021WorsenedAnnual report
「Among the assets held by the Group, the carrying amount of assets used in the optical communications components manufacturing business for the new transmission method in the optoelectronics business was reduced to its recoverable amount because a sharp change in the business environment is expected to cause operating results to deteriorate. The reduction of ¥1,028 million was recognised as an impairment loss under extraordinary losses.」
Impairment losses on fixed assets increased from ¥268 million in the previous fiscal year to ¥1,133 million in the current fiscal year, of which ¥1,028 million was recognised in the optoelectronics business. Impairment arising from changes in the business environment for the high-performance products business has materialised on a significant scale. - FY2021-Q2Small impairment loss recognisedAnnual report
「Impairment loss - 11」
An impairment loss of ¥11 million arose during the cumulative second quarter of the current fiscal year. This represents a recurrence from zero in the same period of the previous fiscal year, but is small compared with the ¥2,292 million recognised in the previous fiscal year and the ¥268 million for the full year. - FY2020MitigatedAnnual report
「Because operating income and expenses relating to assets used in the ready-mixed concrete manufacturing business have remained negative, we reduced the carrying amount of the asset group manufacturing these products to its recoverable amount and recognised the reduction of ¥268 million as an impairment loss under extraordinary losses.」
Impairment losses declined substantially from ¥2,292 million in the previous fiscal year to ¥268 million. Although impairment occurred, its impact has decreased from the large impairment loss recognised in the battery materials business in the previous fiscal year. - FY2020-Q2MitigatedAnnual report
「Impairment loss 2,292 －」
No impairment loss was recognised for the cumulative second quarter of the current fiscal year, bringing the amount to zero from ¥2,292 million in the same period of the previous fiscal year. The current-period impact of the impairment risk on fixed assets has weakened. - FY2019-Q3WorsenedAnnual report
「Material impairment losses relating to fixed assets For fixed assets in the battery materials segment, we recognised an impairment loss because the recoverable amount generated by the relevant asset group was lower than its carrying amount. The impairment loss recognised for the cumulative third quarter of the current fiscal year was ¥2,268 million.」
Impairment losses on fixed assets have materialised, primarily in the battery materials segment, and impairment losses on the quarterly consolidated statement of income amounted to ¥2,292 million. The impact of the impairment risk on fixed assets has become significant. - FY2019-Q2WorsenedAnnual report
「For fixed assets in the battery materials segment, we recognised an impairment loss because the recoverable amount generated by the relevant asset group was lower than its carrying amount. The impairment loss recognised for the cumulative second quarter of the current fiscal year was ¥2,268 million.」
Impairment losses on fixed assets increased substantially from ¥22 million in the same period of the previous fiscal year to ¥2,292 million in the current fiscal year, of which ¥2,268 million was recognised in the battery materials segment. The impairment risk has materialised on a significant scale. - FY2018-Q2WorsenedAnnual report
「Impairment loss 15 22」
Impairment losses for the cumulative second quarter of the current fiscal year amounted to ¥22 million, up from ¥15 million in the same period of the previous fiscal year. The risk of impairment of fixed assets has materialised, and the disclosed amount has increased from the previous comparison. - FY2017MitigatedAnnual report
「At present, our response to impairment accounting for fixed assets has been completed. However, if impairment losses arise as a result of future trends in land prices or changes in the business environment, they may have a material impact on the Group's financial position and operating results.」
The completion of our response to impairment accounting has been stated explicitly, and current-period impairment losses also declined to ¥15 million from ¥165 million in the previous fiscal year. At the same time, the possibility of future impairment continues to be disclosed. - FY2017-Q3SoftenedAnnual report
「Impairment loss 165 15」
Impairment losses for the cumulative third quarter of the current fiscal year amounted to ¥15 million, down from ¥165 million in the same period of the previous fiscal year. The risk of impairment of fixed assets continues to materialise, but the amount disclosed has decreased. - FY2016First statedAnnual report
「If impairment losses arise as a result of future trends in land prices or changes in the business environment, they may have a material impact on the Group's financial position and operating results.」
In the current fiscal year, we recognised an impairment loss of ¥165 million on idle assets and assets used in the ready-mixed concrete manufacturing business. In the previous fiscal year, we recognised an impairment loss of ¥2,370 million on assets used in the secondary battery cathode materials manufacturing business.