Risk of impairment of fixed assets
First written in FY2018. 2 of 5 entries say "Mitigated", first in FY2021. Latest entry: FY2026.
The whole theme swung hardest in 2017: 31 of 68 companies on the "Worse" side.
- FY2026MitigatedAnnual report
「Information on impairment losses on fixed assets by reporting segment: Not applicable.」
There was no impairment loss on fixed assets in the reporting segments during the consolidated fiscal year under review, and the status following the impairment of the idle assets previously disclosed was updated. - FY2022MaterialisedAnnual report
「During the consolidated fiscal year under review, the Company impaired the carrying amount of idle assets for which there was no longer any prospect of future use to their recoverable amount, and recognized the reduction as an impairment loss under extraordinary losses.」
The Company recognized an impairment loss of ¥47.838 million on an idle building in Uji, Kyoto, because there was no longer any prospect of future use. - FY2021MitigatedAnnual report
「In the consolidated fiscal year under review, the Company identified a consolidated subsidiary as having indications of impairment. Based on estimates of future cash flows derived from past performance and future business plans, the Company determined that recognition of an impairment loss was not necessary for that subsidiary.」
Although indications of impairment were identified at a consolidated subsidiary, the Company determined that recognition of an impairment loss was unnecessary based on its estimates of future cash flows. - FY2019RestatedAnnual report
「Under impairment accounting for fixed assets, impairment charges may become necessary depending on changes in real estate prices and the profitability of the businesses or facilities to which production equipment and other assets belong, which may affect our Group's operating results.」
The risk of impairment of fixed assets due to fluctuations in real estate prices and the profitability of businesses and locations remains. - FY2018First statedAnnual report
「Under impairment accounting for fixed assets, impairment charges may become necessary depending on changes in real estate prices and the profitability of the businesses or facilities to which production equipment and other assets belong, which may affect our Group's operating results.」
The possibility of impairment of fixed assets due to changes in real estate prices and the profitability of businesses and facilities is described as a risk.