Impairment Accounting for Idle Assets
First written in FY2019-Q1. 2 of 5 entries say "Restated". Latest entry: FY2026.
Nippon Concrete Industries moved to the "Worse" side of this theme in 2026, 6 years after the typical company in this theme (2020).
The whole theme swung hardest in 2026: 12 of 18 companies on the "Worse" side.
15 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Because the idle assets were not expected to be used in the future, the carrying amount of each asset was reduced to its recoverable amount, and the reduction of ¥20.871 million was recognized as an impairment loss under extraordinary losses.」
An impairment loss on idle assets was incurred again, and an impairment loss of ¥20.871 million was recognized on machinery and equipment in Kasaoka, Okayama Prefecture. - FY2020-Q1DroppedAnnual report
「For the first quarter of the current consolidated cumulative period (from 1 April 2019 to 30 June 2019), there were no applicable items.」
No impairment loss on idle assets was recognized in the current first quarter; the disclosure consists solely of comparative information for the first quarter of the previous year. - FY2019RestatedAnnual report
「Because the idle assets were not expected to be used in the future, the carrying amount of each asset was reduced to its recoverable amount, and the reduction of ¥23.412 million was recognized as an impairment loss under extraordinary losses.」
The company continues to disclose the recognition of a ¥23.412 million impairment loss on idle assets in Chikusei, Ibaraki Prefecture, that are not expected to be used in the future. - FY2019-Q2RestatedAnnual report
「Because the idle assets were not expected to be used in the future, the carrying amount of each asset was reduced to its recoverable amount, and the reduction of ¥23.412 million was recognized as an impairment loss under extraordinary losses.」
The company continues to disclose the recognition of a ¥23.412 million impairment loss on idle assets in Chikusei, Ibaraki Prefecture, because they are not expected to be used in the future. - FY2019-Q1First statedAnnual report
「Because the idle assets were not expected to be used in the future, the carrying amount of each asset was reduced to its recoverable amount, and the reduction of ¥23.412 million was recognized as an impairment loss under extraordinary losses.」
For idle assets in Chikusei, Ibaraki Prefecture, an impairment loss of ¥23.412 million was recognized because they were not expected to be used in the future.