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Sumitomo Metal Mining (5713) · RiskImpairment results updated

Asset Impairment Due to Declining Profitability of Ferronickel, Nickel Powder and Other Businesses

First written in FY2023. 1 of 3 entries say "Materialised", first in FY2023. Latest entry: FY2025.

3entries
3years
0from disclosures
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ProgressHeldSoftenedWorseMaterialisedFY2023OtherFY2024 – FY20252023: 120232024: 120242025: 12025
Same theme, other companies
Impairment of Manufacturing Equipment for Ferronickel and Nickel ProductsA theme 2 companies write about · 2 as a headwind · 0 as a tailwind

0 other companies' latest entry also says "Other".

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  1. FY2025Impairment results updatedAnnual report

    「さらに連結子会社において、747百万円の減損損失を計上しております。これは主に、フェロニッケル事業について前連結会計年度から収益性の低下が継続していることから、設備の帳簿価額を回収可能価額まで減額したためであります。」

    フェロニッケル事業の収益性低下が継続し、連結子会社で747百万円の減損損失を計上した実績へ更新した。
  2. FY2024Impairment results updatedAnnual report

    「製錬セグメントにおいて、622百万円の減損損失を計上しております。これは主に、フェロニッケル事業について前連結会計年度から収益性の低下が継続していることから、設備の帳簿価額を回収可能価額まで減額したためであります。」

    フェロニッケル事業の収益性低下が継続し、622百万円の設備減損を計上した実績へ更新した。
  3. FY2023MaterialisedAnnual report

    「The smelting segment recognized an impairment loss of ¥2,088 million because profitability in the ferronickel business declined amid changes in business conditions, reducing the carrying amount of the facilities to recoverable amount. The materials segment recognized an impairment loss of ¥1,111 million, mainly because profitability in the nickel powder and nickel oxide businesses declined amid changes in business conditions, reducing the carrying amount of the facilities to recoverable amount.」

    Lower profitability caused by changing business conditions resulted in actual impairment losses totaling ¥3,199 million on facilities for ferronickel, nickel powder and nickel oxide.
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Asset Impairment Due to Declining Profitability of Ferronickel, Nickel Powder and Other Businesses | Sumitomo Metal Mining Co.,Ltd. (5713) | Komori