Risk of Fixed-Asset Impairment
First written in FY2019. 2 of 5 entries say "Materialised", first in FY2021. Latest entry: FY2026.
The whole theme swung hardest in 2020: 65 of 115 companies on the "Worse" side.
- FY2026MaterialisedAnnual report
「For the other businesses and related operations of エデックリンセイシステム株式会社, operating losses continued, and following a review of the business, the carrying amounts of fixed assets grouped with those businesses were reduced to recoverable amounts, with the resulting ¥25 million reduction recognized as an impairment loss under extraordinary losses.」
The fixed-asset impairment risk materialized as a ¥25 million impairment loss in the other businesses and related operations of エデックリンセイシステム. - FY2023MitigatedAnnual report
「During the fiscal year, in the Machine Tools business, the carrying amounts of machinery and equipment and other assets were reduced to recoverable amounts because profitability declined amid a significant deterioration in the business environment, causing operating losses to continue, and the resulting ¥243 million reduction was recognized as an impairment loss under extraordinary losses.」
Impairment of fixed assets in the Machine Tools business decreased from ¥1.478 billion in the previous fiscal year to ¥243 million, but impairment losses continued to be recognized. - FY2022WorsenedAnnual report
「During the fiscal year, in the Machine Tools business, the carrying amounts of machinery and equipment and other assets were reduced to recoverable amounts because profitability declined amid a significant deterioration in the business environment, causing operating losses to continue, and the resulting ¥1.478 billion reduction was recognized as an impairment loss under extraordinary losses.」
Impairment of fixed assets in the Machine Tools business increased from ¥828 million to ¥1.478 billion, further materializing the impairment risk. - FY2021MaterialisedAnnual report
「In the Machine Tools business, the carrying amounts of machinery and equipment and other assets were reduced to recoverable amounts because profitability declined amid a significant deterioration in the business environment, causing operating losses to continue, and the resulting ¥828 million reduction was recognized as an impairment loss under extraordinary losses.」
The impairment risk for fixed assets materialized as an ¥828 million impairment loss on machinery and equipment and other assets in the Machine Tools business. - FY2019First statedAnnual report
「If impairment losses arise due to lower profitability resulting from a significant deterioration in the business environment or other factors, or a decline in market prices, they could affect the Group's operating results and financial position.」
Newly disclosed the impairment risk for fixed assets as a separate item. During the fiscal year, an impairment loss of ¥96 million was recognized on other business production equipment at エデックリンセイシステム.