Risk of recognizing impairment losses on fixed assets
First written in FY2021. 3 of 5 entries say "Materialised", first in FY2023-Q2. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026MaterialisedAnnual report
「During the current fiscal year, the Company recognized an impairment loss of ¥461 million on assets related to its advanced materials business (SiO anode materials), because their recoverable amount fell below their carrying amount.」
The risk of impairment of property, plant and equipment materialized in the form of a decline in the recoverable amount of assets related to SiO anode materials and the recognition of an impairment loss of ¥461 million. - 2026-05-14MaterialisedEarnings
「An impairment loss of ¥461 million was recognized in the “Advanced Materials Business” segment.」
An impairment loss of ¥461 million was recognized in the advanced materials business, realizing the risk of impairment of fixed assets during the period. - FY2023-Q2MaterialisedAnnual report
「This loss arose from discontinuing development of part of the new core system currently under development and, after considering its expected future use, reducing the carrying amount of the property, plant and equipment to its recoverable amount.」
Although no impairment loss was recognized in the previous fiscal year, an impairment loss of ¥260 million on property, plant and equipment was actually recognized in the current quarter in connection with discontinuing part of the development of the new core system. - FY2022WorsenedAnnual report
「In these circumstances, the Company identified indicators of impairment for its property, plant and equipment as a whole, including assets used in its titanium business, and assessed whether an impairment loss needed to be recognized using various assumptions, including the key assumptions in ① above. The Company determined that recognition of an impairment loss was unnecessary because the total undiscounted future cash flows expected to be generated by the relevant assets during their remaining useful lives exceeded their carrying amounts.」
The Company identified indicators of impairment for its property, plant and equipment and assessed whether an impairment loss needed to be recognized. No loss was recognized this time, but it was indicated that impairment could arise if assumptions such as future cash flows are revised. - FY2021First statedAnnual report
「If estimates of future cash flows change, impairment of property, plant and equipment may arise, and recognition of an impairment loss could affect the Company’s operating performance.」
The Company identified, for the first time as a key risk, the risk of impairment of property, plant and equipment resulting from changes in estimates of future cash flows, sales and raw material prices. Although indicators of impairment were identified and assessed during the current fiscal year, the Company determined that no impairment loss needed to be recognized.