Impairment losses due to declining profitability of sales facilities
First written in FY2018. 3 of 4 entries say "Materialised", first in FY2018. Latest entry: FY2026.
Nakanishi Mfg. moved to the "Worse" side of this theme in 2025, 5 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 69 of 118 companies on the "Worse" side.
60 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「For assets or asset groups whose profitability had declined, the carrying amount was reduced to the recoverable amount, and the decrease was recorded as an impairment loss in extraordinary losses: ¥2,083 thousand in the previous fiscal year and ¥252 thousand in the current fiscal year.」
The profitability of operating assets at the Nagano Sales Office had declined, and an impairment loss of ¥252 thousand was recorded for tools, fixtures and equipment and telephone subscription rights. - FY2025MaterialisedAnnual report
「For assets or asset groups whose profitability had declined, the carrying amount was reduced to the recoverable amount, and the decrease of ¥2,083 thousand was recorded as an impairment loss in extraordinary losses.」
The profitability of the sales facilities at the Overseas Market Development Office and Oita Sales Office had declined, and an impairment loss of ¥2,083 thousand was recorded. - FY2020RestatedAnnual report
「The decision on whether to recognize impairment losses on fixed assets was based on forecasts that assumed the COVID-19 pandemic would have subsided by the end of March 2021.」
The company continues to disclose the decline in profitability and impairment risk of fixed assets, using the timing of the end of the pandemic as an assumption for future cash flows. - FY2018MaterialisedAnnual report
「For assets or asset groups whose profitability had declined, the carrying amount was reduced to the recoverable amount, and the decrease of ¥14,725 thousand was recorded as an impairment loss in extraordinary losses.」
The profitability of the sales facilities at the Machida Sales Office had declined, and an impairment loss of ¥14,725 thousand was recorded for buildings.