Impairment loss due to declining profitability in the engineering business
First written in FY2018. 2 of 9 entries say "Worsened", first in 2026-05-15. Latest entry: FY2026.
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- FY2026WorsenedAnnual report
「In the current consolidated fiscal year, the company resolved an implementation plan for restructuring its head office and Kawasaki Plant and decided to demolish part of certain buildings and other assets. It therefore reduced the carrying amount of the relevant assets to their recoverable amount and recognized the ¥490 million reduction as an impairment loss. In addition, because the profitability of the business related to the Kitakyushu Plant had declined significantly, it recognized the ¥15 million reduction as an impairment loss.」
Impairment losses increased from ¥64 million in the previous fiscal year to ¥506 million. The company recognized ¥490 million associated with the restructuring of the head office and Kawasaki Plant and ¥15 million related to the Kitakyushu Plant. - 2026-05-15WorsenedRevisions to earnings forecasts
「The resulting decrease of ¥490 million was recorded as an impairment loss. In addition, because the profitability of the business related to the Kitakyushu Plant of 三菱化工機アドバンス株式会社, a consolidated subsidiary, had declined significantly, the carrying amount of the relevant asset group was reduced to its recoverable amount, and the resulting decrease of ¥15 million was recorded as an impairment loss.」
The Company recorded impairment losses of ¥490 million related to the redevelopment of the head office and Kawasaki Works and ¥15 million due to the decline in profitability at the Kitakyushu Plant, for a total impairment loss of ¥506 million. - FY2026-H1Decline in Impairment LossesAnnual report
「Impairment loss 64 15」
Impairment losses decreased from ¥64 million in the previous interim consolidated fiscal period to ¥15 million. - FY2025Impairment loss associated with the restructuring of the head office and Kawasaki PlantAnnual report
「In the current consolidated fiscal year, because the Group resolved to demolish part of a plant under its plan to restructure the head office and Kawasaki Plant, it reduced the carrying amount of the relevant assets to their recoverable amount and recognized the ¥53 million reduction as an impairment loss. In addition, because the profitability of the business related to the Kitakyushu Plant of Mitsubishi Kakoki Kaisha Advance Co., Ltd., a consolidated subsidiary, had declined significantly, the Group recognized the ¥11 million reduction as an impairment loss.」
The company recognized impairment losses of ¥53 million from the demolition of part of a plant under the restructuring plan for the head office and Kawasaki Plant and ¥11 million from declining profitability at the Kitakyushu Plant, for a total of ¥64 million. - FY2025-H1Impairment loss associated with plant reorganizationAnnual report
「Net income attributable to owners of the parent decreased by 8.6% year on year to ¥1,463 million, mainly because the company recognized an impairment loss associated with plant reorganization.」
The company recognized a ¥64 million impairment loss as an extraordinary loss in the current interim consolidated period. Unlike the impairment previously attributed to declining profitability at the Kitakyushu Plant, the company disclosed impairment associated with plant reorganization as a different factor. - FY2023Impairment due to declining profitability at the Kitakyushu PlantAnnual report
「In the current consolidated fiscal year, because the profitability of the business related to the Kitakyushu Plant of Mitsubishi Kakoki Kaisha Advance Co., Ltd., a consolidated subsidiary, in Kitakyushu, Fukuoka Prefecture, had declined significantly, the Group reduced the carrying amount of the relevant asset group to its recoverable amount and recognized the ¥263 million reduction as an impairment loss.」
The company recognized a ¥263 million impairment loss due to declining profitability in the business related to the Kitakyushu Plant. - FY2022-Q2Recognition of impairment lossAnnual report
「The company recognized ¥214 million in gains on the sale of investment securities as extraordinary income and ¥92 million in impairment losses as extraordinary losses,」
The company recognized a ¥92 million impairment loss as an extraordinary loss in the cumulative second-quarter period of the current consolidated fiscal year. - FY2021-Q3Recognition of impairment losses againAnnual report
「Impairment loss － 69」
The company recognized a ¥69 million impairment loss in the cumulative third-quarter period of the current consolidated fiscal year. The business subject to the impairment is not identified in the income statement in the main text. - FY2018First statedAnnual report
「In the current consolidated fiscal year, because the profitability of the engineering business had declined significantly, the company reduced the carrying amount of the asset group to its recoverable amount and recognized the reduction as an impairment loss under extraordinary losses.」
The company recognized a ¥90 million impairment loss on intangible fixed assets, machinery and equipment, and other assets due to declining profitability in the engineering business.