Impairment Loss on Business-Use Assets Following a Decision to Sell
First written in FY2018-Q2. 3 of 16 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2025: 14 of 22 companies on the "Worse" side.
9 other companies' latest entry also says "Other".
- FY2025Impairment of idle assets associated with the relocation of the head officeAnnual report
「Certain shared assets, specifically paintings, were classified as idle assets because they are not expected to be used following the relocation of the head office, and it was determined that an impairment loss had to be recognized. Accordingly, their carrying amounts were reduced to recoverable amounts, and the ¥18 million reduction in carrying amount was recorded as an impairment loss.」
Shared assets that are not expected to be used following the relocation of the head office were classified as idle assets, and an impairment loss of ¥18 million was recorded. - FY2024-Q3RestatedAnnual report
「Gain on sale of fixed assets 1,435 million yen」
The company reconfirmed that it had recorded a gain on the sale of fixed assets of ¥981 million for land and ¥454 million for buildings, for a total of ¥1,435 million. - FY2024-Q2RestatedAnnual report
「Gain on sale of fixed assets 1,435 million yen」
The company recorded a gain on the sale of fixed assets of ¥981 million for land and ¥454 million for buildings, for a total of ¥1,435 million. - FY2024-Q1Recognition of gains on sales of property, plant and equipmentAnnual report
「Gain on sale of fixed assets 1,435 million yen」
In the first quarter, the company recorded a gain on the sale of fixed assets of ¥981 million for land and ¥454 million for buildings, for a total of ¥1,435 million. Unlike the impairment associated with the previous decision to sell, the company disclosed the recognition of a gain on sale. - FY2022Full-year finalization of business withdrawal lossAnnual report
「A business withdrawal loss of ¥347 million associated with the withdrawal from the fire-resistant double-wall pipe business was recognized under extraordinary losses. This comprised an inventory valuation loss of ¥135 million, an impairment loss on fixed assets of ¥144 million, an additional retirement payment of ¥19 million and other losses of ¥47 million.」
Following the withdrawal from the fire-resistant double-wall pipe business, the business withdrawal loss increased from ¥304 million for the nine-month cumulative period to ¥347 million for the fiscal year. The company also disclosed details including the ¥144 million impairment loss on fixed assets. - FY2022-Q3Increase in business withdrawal loss and recognition of impairment lossAnnual report
「During the nine-month period ended 31 December, a business withdrawal loss of ¥304 million associated with the withdrawal from the fire-resistant double-wall pipe business was recognized under extraordinary losses. This comprised an inventory valuation loss of ¥136 million, an impairment loss on fixed assets of ¥144 million, an additional retirement payment of ¥19 million and other losses of ¥3 million.」
The business withdrawal loss associated with the withdrawal from the fire-resistant double-wall pipe business amounted to ¥304 million, with the company disclosing details including inventory valuation losses, impairment losses on fixed assets and additional retirement payments. - FY2022-Q2Recognition of impairment and business withdrawal lossesAnnual report
「During the six-month period ended 30 September, a business withdrawal loss of ¥239 million associated with the withdrawal from the fire-resistant double-wall pipe business was recognized under extraordinary losses. This comprised an inventory valuation loss of ¥73 million, an impairment loss on fixed assets of ¥144 million and an additional retirement payment of ¥21 million.」
In connection with the withdrawal from the fire-resistant double-wall pipe business, the company recognized a business withdrawal loss of ¥239 million, including an inventory valuation loss of ¥73 million, an impairment loss on fixed assets of ¥144 million and an additional retirement payment of ¥21 million. - FY2021RestatedAnnual report
「Consolidated fiscal year (1 April 2020 to 31 March 2021): No applicable items.」
The company states that no additional impairment loss was recognized during the fiscal year. - FY2021-Q3No additional impairment lossAnnual report
「Nine-month period ended 31 December 2020 (from 1 April 2020 to 31 December 2020): None.」
The company states that no additional impairment loss was recognized during the nine-month period. - FY2020Additional impairment loss on continuously loss-making facilitiesAnnual report
「During the fiscal year, impairment losses were recognized on the following assets: Osaka City, Osaka Prefecture, operating buildings and other assets, 10; Kumagaya City, Saitama Prefecture, manufacturing equipment, buildings and other assets, 27; total, 37. As operating profits and losses from the manufacturing equipment in Kumagaya City remained negative, its carrying amount was reduced to its recoverable amount, and the reduction was recognized as an impairment loss under extraordinary losses.」
In addition to the ¥10 million impairment loss on assets in Osaka covered by agreed purchase and sale contracts, the company recognized an additional ¥27 million impairment loss on manufacturing equipment in Kumagaya City, where operating profit and loss remained negative, bringing the impairment loss for the fiscal year to ¥37 million. - FY2020-Q3Additional impairment loss on assets covered by agreed sale and purchase contractsAnnual report
「During the nine-month period ended 31 December, the carrying amounts of assets covered by agreed purchase and sale contracts were reduced to their recoverable amounts, and the reductions were recognized as impairment losses under extraordinary losses.」
An additional impairment loss of ¥10 million was recognized on operating buildings and other assets in Osaka covered by agreed purchase and sale contracts. - FY2019-Q3Impairment loss recognized following office relocationAnnual report
「During the nine-month period ended 31 December, operating assets in Sendai became idle following the relocation of the office. Their carrying amounts were reduced to their recoverable amounts, and the reductions were recognized as impairment losses under extraordinary losses.」
Separate from the assets covered by the previously agreed sale, the company recognized an impairment loss of ¥51 million on land, buildings and other assets in Sendai that became idle following the office relocation. - FY2019-Q2No additional impairment loss recognized during the quarterAnnual report
「For the six months ended 30 September 2018, there were no applicable items.」
The company states that no additional impairment loss was recognized during the six-month period ended 30 September in relation to assets covered by agreed purchase and sale contracts. - FY2018Additional impairment loss recognizedAnnual report
「During the fiscal year, the carrying amounts of operating assets in Kobe, Hyogo Prefecture, and idle assets in Yubari County, Hokkaido, were reduced to their recoverable amounts following agreement on purchase and sale contracts, and the reductions were recognized as impairment losses under extraordinary losses.」
In addition to the previous ¥83 million in impairment losses, impairment losses on assets including those in Yufutsu County, Hokkaido, Oita City and Indonesia brought the impairment loss for the fiscal year to ¥103 million. - FY2018-Q3Additional impairment loss recognizedAnnual report
「Among the idle assets classified as corporate assets, the carrying amounts of assets for which a decision to sell had been made were reduced to their recoverable amounts, and the reductions were recognized as impairment losses under extraordinary losses. The impairment loss recognized during the nine-month period ended 31 December amounted to ¥27 million.」
In addition to the previously disclosed ¥56 million impairment loss on operating assets in Kobe, the company recognized an additional ¥27 million impairment loss on idle land in Yubari County, Hokkaido, bringing the impairment loss for the cumulative quarterly period to ¥83 million. - FY2018-Q2First statedAnnual report
「During the six-month period ended 30 September, the carrying amounts of assets for which a decision to sell had been made were reduced to their recoverable amounts, and the reductions were recognized as impairment losses under extraordinary losses.」
For operating land and buildings in Kobe, Hyogo Prefecture, the company reported, for the first time, an impairment loss of ¥56 million following the decision to sell.