Impairment Risk for Fixed Assets at Production Plants and Head Office
First written in FY2020. 2 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 70 of 132 companies on the "Worse" side.
25 other companies' latest entry also says "Other".
- FY2026Impairment indicators identified at European subsidiary, but no loss recognizedAnnual report
「Against a backdrop of an economic downturn in the European mobility-related industry, the consolidated subsidiary’s performance remained weaker than initially planned, leading it to determine that impairment indicators existed and conduct an impairment test. As the recoverable amount exceeded the carrying amount, no impairment loss was recognized.」
Impairment indicators for fixed assets were identified due to the weak performance of the European subsidiary, but the impairment test resulted in no impairment loss being recognized for the current period. - FY2023RestatedAnnual report
「Approximately 80% of the group’s property, plant and equipment consists of buildings and structures and land related to production plants and headquarters. If the fair value of these assets falls substantially for various reasons, or if the profitability of the businesses related to them deteriorates substantially for any reason and the assets fail to generate sufficient future cash flows, it may become necessary to recognize an impairment loss, which could affect the group’s performance.」
The company reconfirmed the impairment risk arising from the fact that buildings, structures and land related to production plants and headquarters account for approximately 80% of property, plant and equipment. - FY2022RestatedAnnual report
「Approximately 80% of the group’s property, plant and equipment consists of buildings and structures and land related to production plants and headquarters. If the fair value of these assets falls substantially for various reasons, or if the profitability of the businesses related to them deteriorates substantially for any reason and the assets fail to generate sufficient future cash flows, it may become necessary to recognize an impairment loss, which could affect the group’s performance.」
The company reconfirmed the impairment risk arising from the fact that buildings, structures and land related to production plants and headquarters account for approximately 80% of property, plant and equipment. - FY2020First statedAnnual report
「Approximately 80% of the group’s property, plant and equipment consists of buildings and structures and land related to production plants and headquarters. If the fair value of these assets falls substantially for various reasons, or if the profitability of the businesses related to them deteriorates substantially for any reason and the assets fail to generate sufficient future cash flows, it may become necessary to recognize an impairment loss, which could affect the group’s performance.」
Given that approximately 80% of property, plant and equipment consists of buildings, structures and land at production plants and headquarters, the company newly identified impairment risk arising from declines in fair value and deteriorating profitability.