Impairment Risk for Ski Resort Fixed Assets
First written in FY2017. 13 of 17 entries say "Materialised", first in FY2019. Latest entry: FY2026.
The whole theme swung hardest in 2020: 51 of 96 companies on the "Worse" side.
- FY2026Update to impairment loss amountAnnual report
「The impairment loss on property, plant and equipment was ¥116.116 million.」
The impairment risk for property, plant and equipment materialized again during the fiscal year, and the company recognized an impairment loss of ¥116.116 million. - FY2026-H1MaterialisedAnnual report
「Impairment loss - 49,136」
An impairment loss of ¥49.136 million was recognized during the interim consolidated accounting period under review in relation to impairment risk for property, plant and equipment, including ski resorts. - FY2024No impairment loss recorded in the current yearAnnual report
「Impairment loss - -」
While impairment risk for property, plant and equipment continued to be disclosed, no impairment loss was recognized for the fiscal year ended July 2024. The balance of property, plant and equipment was ¥6,498.789 million. - FY2023No impairment loss recorded in the current yearAnnual report
「No impairment loss was recognized during the consolidated fiscal year.」
No impairment loss was recognized for the fiscal year under review in relation to impairment risk for property, plant and equipment. - FY2022MaterialisedAnnual report
「During the consolidated fiscal year, the carrying amount of asset groups whose market value had declined significantly was reduced to the recoverable amount, and the resulting decrease of ¥38.668 million was recorded as an impairment loss under extraordinary losses.」
The impairment risk relating to ski resort fixed assets materialized again in the fiscal year, and an impairment loss of ¥38,668 thousand was recognized. - FY2022-Q3MaterialisedAnnual report
「Impairment loss 40,164 35,842」
The impairment risk relating to fixed assets such as ski resorts materialized again in the third quarter, and an impairment loss of ¥35,842 thousand was recognized. - FY2021MaterialisedAnnual report
「During the consolidated fiscal year, the carrying amount of asset groups whose market value had declined significantly was reduced to the recoverable amount, and the resulting decrease of ¥40.164 million was recorded as an impairment loss under extraordinary losses.」
The fixed-asset impairment risk materialized again in the fiscal year, and an impairment loss of ¥40,164 thousand was recognized. - FY2021-Q3MaterialisedAnnual report
「Impairment loss - 40,164」
The impairment risk relating to fixed assets such as ski resorts materialized again in the third quarter, and an impairment loss of ¥40,164 thousand was recognized. - FY2021-Q2MaterialisedAnnual report
「Impairment loss - 40,110」
The impairment risk relating to fixed assets such as ski resorts materialized again in the second quarter, and an impairment loss of ¥40,110 thousand was recognized. - FY2021-Q1MaterialisedAnnual report
「Impairment loss - 35,860」
The impairment risk relating to fixed assets such as ski resorts materialized in the first quarter, and an impairment loss of ¥35,860 thousand was recognized. - FY2020MaterialisedAnnual report
「During the consolidated fiscal year, the carrying amount of asset groups whose market value had declined significantly was reduced to the recoverable amount, and the resulting decrease of ¥138.809 million was recorded as an impairment loss under extraordinary losses.」
The fixed-asset impairment risk materialized, and an impairment loss of ¥138,809 thousand was recognized. - FY2019MaterialisedAnnual report
「During the consolidated fiscal year, the carrying amount of an asset group whose fair value had declined substantially was reduced to its recoverable amount, and the resulting decrease of ¥68,116 thousand was recognized as an impairment loss under extraordinary losses.」
The fixed-asset impairment risk materialized, and an impairment loss of ¥68,116 thousand was recognized for ropeway facility maintenance and other assets in Hakuba Village and lodging facilities and other assets in Chihayaakasaka Village. - FY2018RestatedAnnual report
「Based on impairment accounting standards, the Group periodically assesses whether impairment accounting should be applied to cash-generating units such as ski resorts. As a result, it may recognize an impairment loss.」
The risk of impairment of ski resort assets has been reconfirmed against the backdrop of a business structure involving substantial fixed assets. - FY2017First statedAnnual report
「The Group periodically assesses whether impairment accounting should be applied to cash-generating units such as ski resorts. As a result, it may recognize an impairment loss.」
Against the backdrop of a business structure involving substantial fixed assets due to business acquisitions and capital investments, the risk of recognizing future impairment losses was disclosed for the first time.