Risk of impairment accounting affecting results
First written in FY2019. 6 of 7 entries say "Materialised", first in FY2021. Latest entry: FY2026.
Takamisawa moved to the "Worse" side of this theme in 2021, the same year as the typical company in this theme.
The whole theme swung hardest in 2026: 66 of 128 companies on the "Worse" side.
57 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「The decrease and dismantling and removal costs, totaling ¥667 million, were recognized as an impairment loss and recorded under extraordinary losses. The breakdown was land, ¥239 million; buildings and structures, ¥97 million; machinery, equipment and vehicles, ¥60 million; leased assets, ¥2 million; other tangible fixed assets, ¥13 million; goodwill, ¥62 million; other intangible fixed assets, ¥27 million; and dismantling and removal costs, ¥165 million.」
The impact of impairment accounting actually materialized as a ¥667 million impairment loss and dismantling and removal costs. - FY2025MaterialisedAnnual report
「For asset groups whose profitability had declined significantly, the recovery of the invested amounts was no longer expected. Accordingly, the carrying amounts were reduced to recoverable amounts, and the resulting reduction of ¥278 million was recorded as an impairment loss and included in extraordinary losses.」
The impact of impairment accounting on results materialized as a ¥278 million impairment loss in the asset groups of the domestic car-life-related and other businesses. - FY2023MaterialisedAnnual report
「For asset groups whose profitability had declined significantly, the recovery of the invested amounts was no longer expected. Accordingly, the carrying amounts were reduced to recoverable amounts, and the resulting reduction of ¥224 million was recorded as an impairment loss and included in extraordinary losses.」
The risk of impairment losses affecting results materialized as a ¥224 million impairment loss in the asset groups of the car-life, electrical equipment materials, and construction-related businesses. - FY2021MaterialisedAnnual report
「For asset groups in the automobile sales and service-station businesses, where operating results have deteriorated, the recovery of the invested amounts was no longer expected because of declining profitability. Accordingly, the carrying amounts were reduced to recoverable amounts, and the resulting reduction was recorded as an impairment loss and included in extraordinary losses: ¥5 million for buildings and structures, ¥3 million for machinery, equipment and vehicles, ¥0 million for lease assets, ¥1 million for other tangible fixed assets, and ¥1 million for other intangible fixed assets.」
The risk of impairment losses affecting results materialized as total impairment losses of ¥12 million in the automobile sales and service-station businesses. - FY2019First statedAnnual report
「The Group assesses whether impairment losses should be recognized in accordance with the Accounting Standard for Impairment of Fixed Assets, applied from the fiscal year ending June 2006. Depending on the results of this assessment, the Group's results may be affected.」
The possibility that the results of the assessment of whether impairment losses on fixed assets should be recognized could affect results is disclosed separately as a business risk.