Impairment losses arising from difficulties executing the business plans for the Production Technology Center and other facilities
First written in FY2018. 1 of 2 entries say "Materialised", first in FY2023. Latest entry: FY2023.
Toyo Tanso moved to the "Worse" side of this theme in 2024, the same year as the typical company in this theme.
The whole theme swung hardest in 2026: 19 of 24 companies on the "Worse" side.
26 other companies' latest entry also says "Materialised".
- FY2023MaterialisedAnnual report
「Certain equipment at TOYO TANSO CO., LTD.’s Hagihara Plant was idle due to changes in market conditions, and an impairment loss was recognized because its recoverable amount fell below its carrying amount.」
萩原工場の一部設備が市場環境の変化により遊休状態となり、71百万円の減損損失を計上した。GTDについても48百万円の減損損失を計上している。 - FY2018First statedAnnual report
「Regarding certain equipment at TOYO TANSO CO., LTD.’s Production Technology Center, the Company determined that executing the original business plan had become difficult because recovery of the invested capital was no longer expected due to changes in market conditions. As the equipment was to be used as R&D equipment, an impairment loss was recognized.」
Because recovery of invested capital was no longer expected after changes in market conditions, the original plan became difficult to execute and the equipment was repurposed. An impairment loss of ¥534 million was recorded, including ¥497 million at the Production Technology Center and ¥37 million at TOYO TANSO (Zhejiang) Co., Ltd.