Impairment Losses Due to Reduced Profitability of Production Facilities
First written in FY2018. 4 of 9 entries say "Worsened", first in FY2022. Latest entry: FY2026.
The whole theme swung hardest in 2020: 51 of 96 companies on the "Worse" side.
- FY2026WorsenedAnnual report
「In the current consolidated fiscal year, the company recorded impairment losses of ¥9,835 million on production equipment and other assets in Kamiina District and Komagane, Nagano Prefecture, Malaysia, Mexico and Hungary.」
Impairment losses on production equipment due to declining profitability and other factors increased sharply from ¥431 million in the previous fiscal year to ¥9,835 million, occurring across multiple regions. - FY2025MitigatedAnnual report
「In the current consolidated fiscal year, the company recorded impairment losses on the following assets.」
Impairment losses declined sharply from ¥7,034 million in the previous fiscal year to ¥431 million in the current fiscal year. Losses occurred on production equipment in Hungary and idle real estate in Hadano, Kanagawa Prefecture, but the total was substantially lower. - FY2023MitigatedAnnual report
「In the current consolidated fiscal year, the company recorded impairment losses of ¥5,537 million on production equipment and other assets in Kamiina District, Nagano Prefecture, Aiko District, Kanagawa Prefecture, and the United States.」
Impairment of production equipment continued, but losses declined from ¥7,117 million in the previous fiscal year to ¥5,537 million in the current fiscal year. - FY2022WorsenedAnnual report
「In the current consolidated fiscal year, the company recorded impairment losses of ¥7,117 million on production equipment and other assets in Kamiina District and Komagane, Nagano Prefecture, Kitakami and Oshu, Iwate Prefecture, the United States, Hungary and Omaezaki, Shizuoka Prefecture.」
Impairment losses increased from ¥433 million in the previous fiscal year to ¥7,117 million in the current fiscal year, with impairment due to declining profitability and other factors occurring at multiple sites, including in the United States and Hungary. - FY2021MaterialisedAnnual report
「The group has recorded impairment losses on the following assets.」
The company recorded impairment losses of ¥433 million on production equipment in the current fiscal year, with impairment due to declining profitability and other factors occurring at facilities in Kitakami and Oshu, Iwate Prefecture, and Mexico. - FY2020MaterialisedAnnual report
「For production equipment, the company reduced the carrying amount to the recoverable amount because declining profitability made recovery of the investment unlikely, and recorded the resulting reduction as an impairment loss under extraordinary losses.」
The company recorded impairment losses of ¥4,687 million on production equipment and other assets in the current fiscal year, with impairment due to declining profitability continuing to occur. - FY2018MaterialisedAnnual report
「For production equipment, the company reduced the carrying amount to the recoverable amount because declining profitability made recovery of the investment unlikely, and recorded the resulting reduction as an impairment loss under extraordinary losses.」
The company recorded total impairment losses of ¥3,929 million on production equipment and idle real estate in Kanda, Fukuoka Prefecture, Mexico, the United States and India, among other locations.