Risk of Impairment of Fixed Assets Due to Declining Business Profitability
First written in FY2017. 7 of 14 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2017: 5 of 10 companies on the "Worse" side.
6 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「The company has continued to incur operating losses, indicating impairment, and therefore conducted an impairment test during the current consolidated fiscal year. Because fair value less costs of disposal exceeded value in use, fair value less costs of disposal was used as the recoverable amount. The review found that the recoverable amount exceeded the carrying amount, and no impairment loss was recognized.」
An impairment test was conducted on the Shanghai subsidiary because it had continued to incur operating losses, but the recoverable amount exceeded the carrying amount and no impairment loss was recognized during the fiscal year. - 2026-06-04MitigatedGeneral Meetings of Shareholders
「The company has continued to incur operating losses, indicating impairment, and therefore conducted an impairment test during the current consolidated fiscal year. Because fair value less costs of disposal exceeded value in use, fair value less costs of disposal was used as the recoverable amount. The review found that the recoverable amount exceeded the carrying amount, and no impairment loss was recognized.」
川田機械製造（上海）有限公司について営業損失と減損の兆候が継続する一方、当連結会計年度の減損テストでは回収可能価額が帳簿価額を上回り、減損損失を認識していないと記載した。 - FY2024MitigatedAnnual report
「During the current consolidated fiscal year, because the profit or loss arising from business activities relating to the above operating assets was expected to remain negative, the carrying amount of the assets was reduced to their recoverable amount, and the reduction was recognized as an impairment loss under extraordinary losses.」
Impairment losses in Southeast Asia continued, but decreased from ¥53.18 million in the previous fiscal year to ¥14.917 million. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company states that there have been no significant changes in the risk of impairment of fixed assets due to declining business profitability. - FY2023MaterialisedAnnual report
「During the current consolidated fiscal year, because the profit or loss arising from business activities relating to the above operating assets was expected to remain negative, the carrying amount of the assets was reduced to their recoverable amount, and the reduction was recognized as an impairment loss under extraordinary losses.」
An impairment loss of ¥53.18 million was recognized on operating assets in Southeast Asia due to declining profitability. The affected region and amount expanded from North and Central America and ¥535,000, respectively, in the previous fiscal year. - FY2023-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no significant changes in the risk of impairment of fixed assets due to declining business profitability. - FY2022MitigatedAnnual report
「During the current consolidated fiscal year, because the profit or loss arising from business activities relating to the above operating assets was expected to remain negative, the carrying amount of the assets was reduced to their recoverable amount and an impairment loss of ¥535,000 was recognized.」
Impairment of fixed assets in North and Central America continued, but decreased from ¥4.621 million in the previous fiscal year to ¥535,000. - FY2021MaterialisedAnnual report
「In North and Central America, because the profit or loss arising from business activities was expected to remain negative, the carrying amount of the assets was reduced to their recoverable amount and an impairment loss of ¥4.621 million was recognized.」
Impairment of fixed assets actually occurred during the fiscal year due to declining profitability in North and Central America. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company states that there have been no significant changes in the risk of impairment of fixed assets due to declining business profitability. - FY2021-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no significant changes in the risk of impairment of fixed assets due to declining business profitability. - FY2020-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no significant changes in the matters described in the quarterly report concerning business conditions and financial information that could materially affect investors’ decisions, or in the business risks described in the securities report for the previous fiscal year.」
The Company states that there have been no significant changes in the risk of impairment of fixed assets due to declining business profitability. - FY2020-Q1RestatedAnnual report
「During the cumulative first-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no significant changes in the risk of impairment of fixed assets due to declining business profitability. - FY2018RestatedAnnual report
「If it is determined that the investment cannot be recovered in the future due to declining business profitability or other factors, an impairment loss may be recognized for the difference between the carrying amount and the recoverable amount.」
The Company continues to disclose the possibility of impairment of fixed assets due to declining profitability. No impairment loss occurred during the fiscal year. - FY2017MaterialisedAnnual report
「During the current consolidated fiscal year, because the profit or loss arising from business activities relating to the above operating assets was expected to remain negative, the carrying amounts of the assets were reduced to their recoverable amounts, and the reductions were recognized as impairment losses under extraordinary losses.」
An impairment loss of ¥36.982 million was recognized on operating assets in Southeast Asia because operating profit and loss was expected to remain negative.