Impairment and Funding Shortfall Risks from Declines in the Prices of Held Assets and Pension Assets
First written in FY2019. 2 of 5 entries say "Mitigated", first in FY2021. Latest entry: FY2025.
Iwabuchi moved to the "Worse" side of this theme in 2025, 4 years after the typical company in this theme (2021).
The whole theme swung hardest in 2019: 10 of 23 companies on the "Worse" side.
9 other companies' latest entry also says "Materialised".
- FY2025MaterialisedAnnual report
「During the consolidated fiscal year, the company recognised an impairment loss of ¥1,030 thousand on unlisted shares without a market price.」
Regarding the impairment risk associated with declines in the value of owned assets, the company stated that an impairment loss of ¥1,030 thousand on unlisted shares had actually been recognised. - FY2024MitigatedAnnual report
「Reversal of expenses due to strong performance of pension asset investments」
The investment environment for pension assets improved, resulting in a reversal of expenses related to the defined benefit plan. The impact of the risk of declining pension asset values was described as having improved. - FY2021MitigatedAnnual report
「In addition, improved equity market conditions improved the investment environment for pension assets and boosted profit.」
The company stated that improved equity market conditions improved the investment environment for pension assets and boosted profit. The impact of the risk of declining asset values improved during the fiscal year. - FY2020RestatedAnnual report
「If the value of owned assets, including property, plant and equipment and investment securities, or defined benefit corporate pension assets declines significantly, substantial impairment losses may be recognised or additional contributions may be required, creating a risk of a material impact on operating results and financial condition.」
The company continued to identify the risks of impairment losses and required contributions arising from declines in the value of owned assets and pension assets. - FY2019First statedAnnual report
「If the value of owned assets, including property, plant and equipment and investment securities, or defined benefit corporate pension assets declines significantly, substantial impairment losses may be recognised or additional contributions may be required, creating a risk of a material impact on operating results and financial condition.」
For the first time, the company identified impairment losses and required contributions arising from declines in the value of property, plant and equipment, investment securities and defined benefit corporate pension assets as financial market risks.