Impairment Loss on Fixed Assets Due to Deteriorating Business Environment
First written in FY2021-Q3. 2 of 4 entries say "Worsened", first in FY2025-H1. Latest entry: FY2025.
TSUDAKOMA Corp. moved to the "Worse" side of this theme in 2025, the same year as the typical company in this theme.
1 other company's latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「During the consolidated fiscal year, due to deterioration in the business environment and weak performance, the company reduced the carrying amount to the recoverable amount and recognised the reduction as an impairment loss included in extraordinary losses.」
The ¥42 million impairment loss was specified as relating to textile machinery manufacturing equipment at Tsudakoma Machinery Manufacturing (Changshu) Co., Ltd. in China, due to deterioration in the business environment and weak performance. - FY2025-H1WorsenedAnnual report
「Impairment loss - 42」
The company recognised an impairment loss of ¥42 million during the interim consolidated accounting period, resulting in a new loss related to declining profitability of fixed assets. - FY2024MaterialisedAnnual report
「Due to a significant delay in the plan, the company reduced the carrying amount to the recoverable amount and recognised the reduction as an impairment loss included in extraordinary losses.」
An impairment loss of ¥26 million actually arose on capitalised software costs at Kyowa Denki Kogyo due to a significant delay in the plan. - FY2021-Q3First statedAnnual report
「The company recognised an impairment loss of ¥333 million as an extraordinary loss on fixed assets whose profitability had declined due to deterioration in the business environment.」
The deterioration in the business environment and decline in the profitability of fixed assets actually occurred, resulting in recognition of an impairment loss of ¥333 million.