Impairment loss on investments due to the downturn in the South American EPC business
First written in FY2018. 2 of 7 entries say "Materialised", first in FY2018. Latest entry: FY2021.
Fujikura moved to the "Worse" side of this theme in 2018, 8 years before the typical company in this theme (2026).
The whole theme swung hardest in 2026: 3 of 11 companies on the "Worse" side.
0 other companies' latest entry also says "Achieved".
- FY2021AchievedAnnual report
「We have withdrawn from the overseas EPC business (*) and pursued selective concentration in our domestic businesses.」
The withdrawal from the overseas EPC business was described as a business restructuring and withdrawal carried out in fiscal 2020, rather than merely as a decision made in the previous fiscal year. - FY2020MitigatedAnnual report
「We decided to withdraw from the overseas EPC business, which had recorded substantial losses through fiscal 2019, in light of the difficulties of operating in emerging markets, including local business practices and construction management.」
After continued losses from the underperforming South American and Brazilian EPC businesses, the Company decided to withdraw from the overseas EPC business and moved to limit additional exposure. - FY2019WorsenedAnnual report
「The Company recorded ¥10.1 billion in losses related to the business serving Brazil's power sector for the current fiscal year.」
Losses associated with the restructuring of the business serving Brazil's power sector increased from ¥8.0 billion for the nine months ended the third quarter to ¥10.1 billion for the full fiscal year. - FY2019-Q3RestatedAnnual report
「The Company recorded ¥8.0 billion in losses related to the business serving Brazil's power sector for the first nine months of the current fiscal year.」
The recording of ¥8.0 billion in related losses associated with the restructuring of the business serving Brazil's power sector was confirmed for the nine months ended the third quarter. No further increase from the loss level reported in the previous quarter was stated. - FY2019-Q2WorsenedAnnual report
「As a result, the Company recorded ¥5.3 billion in impairment losses on investments in affiliated companies and other items. Including the ¥2.6 billion in related losses recorded in the first quarter of the current fiscal year, losses related to the business serving Brazil's power sector totaled ¥8.0 billion for the first six months of the current fiscal year.」
The downturn in the South American EPC and power-related businesses continued, resulting in a decision to restructure the business serving Brazil's power sector and additional losses of ¥5.3 billion. Related losses, including those recorded in the first quarter, have increased to ¥8.0 billion. - FY2019-Q1MaterialisedAnnual report
「The Company recorded a total of ¥2.7 billion in extraordinary losses, including impairment losses on investments associated with the downturn in the South American EPC business,」
As in the previous fiscal year, impairment losses on investments associated with the downturn in the South American EPC business were recorded as extraordinary losses in the first quarter. The quarterly consolidated income statement shows a ¥899 million impairment loss on investments in affiliated companies. - FY2018MaterialisedAnnual report
「The Company recorded a total of ¥6.5 billion in extraordinary losses, including business structure improvement expenses related to the consolidation of domestic and overseas operations and impairment losses on investments associated with the downturn in the South American EPC business.」
The downturn in the South American EPC business materialized, resulting in an extraordinary loss that included a ¥1,496 million impairment loss on investments in affiliated companies.