Impairment Risk for Fixed Assets
First written in FY2016. 4 of 10 entries say "Restated". Latest entry: FY2025.
Asahi Eito Holdings moved to the "Worse" side of this theme in 2022, 1 year after the typical company in this theme (2021).
The whole theme swung hardest in 2020: 51 of 96 companies on the "Worse" side.
24 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「Impairment losses for the current consolidated fiscal year amounted to ¥1.415 million.」
Impairment of fixed assets continues to occur, but the impairment loss declined sharply from ¥42.690 million in the previous fiscal year to ¥1.415 million. - FY2024MaterialisedAnnual report
「The unamortized balance of goodwill relating to Yamamoto Yogyokako Co., Ltd. was recognized as an impairment loss because the earnings anticipated at the time of the share acquisition can no longer be expected.」
The risk of impairment of fixed assets has materialized in the current fiscal year as an impairment loss of ¥34.857 million on goodwill at 山本窯業化工株式会社. - FY2023MaterialisedAnnual report
「Extraordinary loss for the consolidated fiscal year was ¥134 million, mainly comprising ¥112 million in impairment losses and ¥12 million in loss on disposal of fixed assets.」
Impairment of fixed assets occurred in the current fiscal year as well, and an impairment loss of ¥112.013 million was recorded. - FY2021MaterialisedAnnual report
「At consolidated subsidiary VINA ASAHI CO.,LTD., we determined that an impairment loss needed to be recognized because operating losses have continued, and reduced the carrying amount to its recoverable amount.」
The company recognized an impairment loss of ¥3.150 million for VINA ASAHI, indicating that impairment of fixed assets actually occurred during the current fiscal year as well. - FY2020RestatedAnnual report
「The company’s results may be affected by trends in land prices and the profitability of the relevant fixed assets.」
The company continues to identify impairment risk arising from land prices and the earnings performance of fixed assets. - FY2018RestatedAnnual report
「In the housing equipment business, the company determined that it was necessary to recognize an impairment loss because operating losses have continued, and reduced the carrying amount to the recoverable amount. The reduction of ¥167.130 million was recorded as an impairment loss under extraordinary losses.」
The annual report also confirms that impairment of fixed assets actually occurred and that an impairment loss of ¥167.130 million was recorded. - FY2018-Q3RestatedAnnual report
「Net loss attributable to owners of the parent increased significantly from the same quarter of the previous year because the Company wrote down ¥19 million in deferred tax assets at the time of the second-quarter financial results for the current fiscal year and recorded an impairment loss of ¥167 million on fixed assets.」
The company continues to identify the ¥167 million impairment loss on fixed assets incurred in the second quarter as a factor contributing to the expansion of the net loss for the nine-month period. - FY2018-Q2MaterialisedAnnual report
「Meanwhile, net loss attributable to owners of the parent substantially exceeded that of the same quarter of the previous year because the company reversed ¥19 million of deferred tax assets and recognized an impairment loss on fixed assets of ¥167 million.」
Impairment of fixed assets, previously disclosed as a risk, actually occurred, and the Company recorded an impairment loss of ¥167 million. - FY2017RestatedAnnual report
「The company’s results may be affected by trends in land prices and the profitability of the relevant fixed assets.」
The risk of impairment losses driven by land prices and the earnings performance of fixed assets continues to be cited. - FY2016First statedAnnual report
「The company’s results may be affected by trends in land prices and the profitability of the relevant fixed assets.」
It describes impairment accounting risks arising from land prices and the profitability of fixed assets.