Impairment Risk for Property, Plant and Equipment and Goodwill

「減損損失 2,650 275」

「Impairment losses of ¥6,507 million were recorded as other expenses.」

「Of the impairment losses for the interim consolidated accounting period, ¥2,029 million related to the impairment of software under development in the Living business segment.」

「The sanitary ware manufacturing equipment is located in Thailand. Because the closure of the plant was decided, the carrying amount of the assets was reduced to their recoverable amount.」

「Impairment losses 471 254」

「Impairment losses of ¥4,575 million were recorded as other expenses.」

「Impairment losses 50 91」

「Impairment losses 2,828」

「Impairment losses 1,755 1,252」

「Impairment losses 831 50」

「Impairment losses of ¥8,840 million were recorded as other expenses in the consolidated statement of profit or loss.」

「The carrying amount of goodwill relating to our consolidated subsidiary 株式会社川島織物セルコン in the Housing Technology business segment was reduced to its recoverable amount, measured using value in use, because performance had deteriorated and profitability had declined significantly. An impairment loss of ¥1,882 million was recorded.」

「Impairment losses of ¥17,319 million were recorded as other expenses in the consolidated statement of profit or loss.」

「Manufacturing equipment for faucets and other products was recognized primarily when Grohe Dawn Watertech Holdings Propriety Limited became a consolidated subsidiary in April 2015. Because the earnings initially anticipated at the time of the acquisition could no longer be expected, among other reasons, the carrying amount of these assets was reduced to their recoverable amount and recorded as other expenses in the consolidated statement of profit or loss.」

「For goodwill and other assets recognized when Grohe Dawn Watertech Holdings Propriety Limited became a consolidated subsidiary in April 2015 in the Water Technology business, the carrying amounts were reduced to their recoverable amounts, measured at fair value less costs of disposal, because the earnings initially anticipated at the time of the acquisition could no longer be expected. Impairment losses of ¥2,246 million, including ¥1,173 million on goodwill, were recorded as other expenses in the condensed interim consolidated statement of profit or loss.」

「For goodwill and other assets recognized when Grohe Dawn Watertech Holdings Propriety Limited became a consolidated subsidiary in April 2015 in the Water Technology business, the carrying amounts were reduced to their recoverable amounts, measured at fair value less costs of disposal, because the earnings anticipated at the time of the acquisition could no longer be expected. Impairment losses of ¥2,212 million, including ¥1,155 million on goodwill, were recorded as other expenses in the condensed interim consolidated statement of profit or loss.」

「For the core system currently being developed by our consolidated subsidiary LIXIL Corporation, the scope of implementation was reviewed. For aluminum building-material manufacturing equipment, the use of the assets was changed from business-use assets to idle assets. For retail stores, the carrying amounts were reduced to their recoverable amounts because performance had deteriorated and profitability had declined significantly. For corporate assets and other assets, the use was changed primarily from corporate assets to idle assets. The resulting reductions in carrying amounts were recorded as other expenses in the consolidated statement of profit or loss.」

「Goodwill, primarily relating to Permasteelisa S.p.A., was impaired during the fiscal year because the earnings anticipated at the time of the acquisition could no longer be expected. The impairment was recorded as other expenses in the consolidated statement of profit or loss.」