Impairment Risk for Fixed Assets in the Machine Tool Business
First written in FY2025. 1 of 3 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026WorsenedAnnual report
「The Company's Machine Tools Business has continued to record operating losses due in part to sluggish demand from its main customers in the automotive sector, and the Company has determined that there are indications of impairment.」
Indications of impairment in the machine tool business continued, and total undiscounted future cash flows fell below the carrying amount. However, because the recoverable amount exceeds the carrying amount, no impairment loss was recorded. - 2026-06-03RestatedGeneral Meetings of Shareholders
「The Company's Machine Tools Business has continued to record operating losses due in part to sluggish demand from its main customers in the automotive sector, and the Company has determined that there are indications of impairment.」
The continuing operating losses in the Machine Tools Business and indications of impairment of fixed assets were reconfirmed. No impairment loss was recognized for the fiscal year. - FY2025First statedAnnual report
「The machine tool business has continued to report operating losses due to the prolonged slump in demand from its major automotive-related customers, and the company has determined that there are indications of impairment. However, because the total undiscounted future cash flows exceed the carrying amount, the company determined that recognition of an impairment loss is not necessary.」
The company identified indications of impairment due to continuing operating losses in the machine tool business, but did not record an impairment loss for the current fiscal year because future cash flows exceed the carrying amount.