Uncertainty in Estimates of Fixed Asset Impairment
First written in FY2018. 5 of 14 entries say "Materialised", first in FY2020. Latest entry: FY2026.
Chuo Spring moved to the "Worse" side of this theme in 2020, 4 years before the typical company in this theme (2024).
The whole theme swung hardest in 2020: 5 of 16 companies on the "Worse" side.
7 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「The resulting reduction of ¥152.277 million was recognized as an impairment loss under extraordinary losses.」
The impairment loss on property, plant and equipment was ¥152.277 million, down from ¥304.366 million in the previous fiscal year. The loss arose in the Japan segment, but was smaller than in the previous fiscal year. - 2026-04-27MitigatedEarnings
「Impairment loss decreased from ¥304.366 million in the previous fiscal year to ¥152.277 million.」
The impairment loss on fixed assets decreased from the previous fiscal year. - FY2025WorsenedAnnual report
「The decrease was recognized as an impairment loss of ¥304.366 million and recorded under extraordinary losses.」
The risk concerning the recoverability of property, plant and equipment materialized, and the impairment loss increased from ¥98.641 million in the previous fiscal year to ¥304.366 million. - FY2024MitigatedAnnual report
「The carrying amount was reduced to its recoverable amount, and the decrease was recognized as an impairment loss of ¥98.641 million and recorded under extraordinary losses.」
The risk concerning the recoverability of property, plant and equipment also materialized in the current fiscal year, but the impairment loss declined from ¥120.988 million in the previous fiscal year to ¥98.641 million. - FY2023MaterialisedAnnual report
「Amount recognized in the consolidated financial statements for the current consolidated fiscal year Impairment loss 120,988」
The estimated risk concerning the recoverability of property, plant and equipment materialized during the fiscal year, and an impairment loss of ¥120.988 million was recognized. - FY2023-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, there were no material changes from the assumptions concerning the impact of the spread of COVID-19 described in the annual securities report for the previous consolidated fiscal year, which were used in making accounting estimates concerning impairment losses on property, plant and equipment and the recoverability of deferred tax assets.」
The company has reaffirmed that there were no material changes from the previous fiscal year in the assumptions concerning the impact of COVID-19 used in estimating impairment losses on property, plant and equipment. - FY2022MitigatedAnnual report
「The decrease was recognized as an impairment loss of ¥24.514 million and recorded under extraordinary losses.」
The risk concerning the recoverability of property, plant and equipment also materialized during the fiscal year, but the impairment loss declined from ¥391.954 million in the previous fiscal year to ¥24.514 million. - FY2021WorsenedAnnual report
「As no future recoverability was considered likely, the carrying amount was reduced to its memorandum value, and the decrease was recognized as an impairment loss of ¥391.954 million and recorded under extraordinary losses.」
The risk concerning the recoverability of property, plant and equipment also materialized during the fiscal year, resulting in an impairment loss of ¥391.954 million. The asset grouping was also changed, with Cabrex products becoming an independent grouping unit. - FY2021-Q3MaterialisedAnnual report
「Impairment loss 29,048 30,606 － － 59,654」
The risk concerning the recoverability of property, plant and equipment continued to materialize, and total impairment losses of ¥59.654 million were recognized in Japan and North America on a cumulative basis through the third quarter. - FY2021-Q2MaterialisedAnnual report
「Impairment loss 29,048 30,832 － － 59,880」
The risk concerning the recoverability of property, plant and equipment actually arose, and an impairment loss of ¥59.88 million was recognized in the Japan and North America segments on a cumulative basis through the second quarter. - FY2021-Q1MaterialisedAnnual report
「Impairment loss 29,048」
The risk concerning the recoverability of property, plant and equipment actually arose during the first quarter, resulting in an impairment loss of ¥29.048 million recognized in the Japan and North America segments. The company also refers to impairment estimates for property, plant and equipment in light of the impact of COVID-19. - FY2020MaterialisedAnnual report
「As no future recoverability is expected, the carrying amount was reduced to a nominal value, and the resulting reduction of ¥164.802 million was recognized as an impairment loss under extraordinary losses.」
The risk concerning the recoverability of property, plant and equipment actually arose in automotive-parts production facilities in North America, and an impairment loss of ¥164.802 million was recognized. - FY2019RestatedAnnual report
「If these assumptions and forecasts change, it may become necessary to recognize an impairment loss.」
The company has reaffirmed the impairment risk arising from changes in assumptions and forecasts concerning asset grouping, undiscounted cash flows, and recoverable amounts. - FY2018First statedAnnual report
「If these assumptions and forecasts change, it may become necessary to recognize an impairment loss.」
The company identifies as a risk the possibility of recognizing an impairment loss due to changes in assumptions and forecasts concerning asset grouping, undiscounted cash flows, and recoverable amounts.