Risk of Impairment Losses on Fixed Assets
First written in FY2023. 1 of 2 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 5 of 16 companies on the "Worse" side.
26 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「If the profitability of each asset group declines due to changes in market conditions, demand trends among major customers, fluctuations in energy prices or other factors, it may become necessary to recognize impairment losses in the following consolidated fiscal year.」
The disclosure continues to identify the risk of impairment of fixed assets. No impairment loss was recognized in the current consolidated fiscal year. - FY2023First statedAnnual report
「Although the Company carefully considers the identification of impairment indicators and the recognition and measurement of impairment losses, changes in assumptions such as business plans and the operating environment may result in the recognition of impairment losses on fixed assets and worsen the performance of the Group.」
The disclosure identifies as a risk related to significant accounting estimates the possibility of recognizing impairment losses on fixed assets, including ¥4,475.605 million in tangible fixed assets of the metal heat-treatment processing business, due to changes in assumptions such as business plans and the operating environment.