Impairment Losses on Fixed Assets
First written in FY2017. 7 of 11 entries say "Materialised", first in FY2018. Latest entry: 2026-04-03.
Ishii Hyoki moved to the "Worse" side of this theme in 2018, 1 year before the typical company in this theme (2019).
0 other companies' latest entry also says "Worsened".
- FY2025MitigatedAnnual report
「For assets used in the display and electronic components businesses, operating income or loss after allocation of head office expenses and other costs remained negative throughout the current consolidated fiscal year, indicating impairment. The company therefore tested for and measured impairment, but did not recognize an impairment loss because total undiscounted future cash flows from the asset group exceeded its carrying amount.」
Although impairment indicators existed for assets used in the display and electronic components businesses, no impairment loss was recognized for those operating assets. Impairment losses for the current fiscal year were limited to ¥2 million for idle assets and other assets. - FY2024MaterialisedAnnual report
「For assets used in the display and electronic components businesses, operating income or loss after allocation of head office expenses and other costs remained negative throughout the current consolidated fiscal year, indicating impairment. Testing and measurement showed that total undiscounted future cash flows from the asset group were below its carrying amount. Accordingly, an impairment loss was recognized, the carrying amount of the asset group was reduced to its recoverable amount, and the resulting decrease of ¥168.890 million was recognized as an impairment loss and recorded under extraordinary losses.」
Impairment indicators and insufficient future cash flows actually arose for assets used in the display and electronic components businesses, resulting in an impairment loss of ¥168.89 million. Including idle assets and other assets, total impairment losses were ¥208.02 million. - FY2023MitigatedAnnual report
「For assets used in the display and electronic components businesses, operating income or loss after allocation of head office expenses and other costs remained negative throughout the current consolidated fiscal year, indicating impairment. The company therefore tested for and measured impairment, but did not recognize an impairment loss because total undiscounted future cash flows from the asset group exceeded its carrying amount.」
Although impairment indicators were identified and impairment testing and measurement were performed, future cash flows exceeded the carrying amount, and no impairment loss was recognized for the current fiscal year. - FY2022MaterialisedAnnual report
「Because the company decided to sell the assets in Saitama, Saitama Prefecture, their carrying amounts were reduced to recoverable amounts, and the resulting decreases were recognized as impairment losses and recorded under extraordinary losses. ... The sale of the assets has been completed.」
The sale of idle land in Saitama was completed, and total impairment losses of ¥13.491 million, including ¥9.53 million, were recognized. - FY2022-Q3MaterialisedAnnual report
「Because the company decided to sell the above assets, their carrying amounts were reduced to recoverable amounts, and the resulting decreases were recognized as impairment losses and recorded under extraordinary losses.」
An impairment loss of ¥9.53 million was actually recognized on idle land in Saitama, Saitama Prefecture, which the company had decided to sell. - FY2020MaterialisedAnnual report
「Because the idle assets are not expected to be used in the business in the future, their carrying amounts were reduced to recoverable amounts, and the resulting decrease of ¥13.841 million was recognized as an impairment loss and recorded under extraordinary losses. The company-owned housing, which is a common-use asset, is scheduled to be sold in the following consolidated fiscal year, so its carrying amount was reduced to the expected selling price, and the resulting decrease of ¥4.659 million was recognized as an impairment loss and recorded under extraordinary losses.」
Total impairment losses of ¥18.5 million were actually recognized for idle assets and company-owned housing scheduled for sale in the following fiscal year. - FY2018MaterialisedAnnual report
「Because the idle assets are not expected to be used in the business in the future, their carrying amounts were reduced to recoverable amounts, and the resulting decrease of ¥3.383 million was recognized as an impairment loss and recorded under extraordinary losses.」
An impairment loss of ¥3.383 million on idle assets was actually recognized. - FY2017First statedAnnual report
「Depending on business performance trends, the company may revise its estimates of future cash flows and other factors for assets held, recognize impairment losses on property, plant and equipment, and thereby affect the financial position and operating results of the Group.」
The company identifies as a risk the possibility of revising future cash flows based on business performance trends and recognizing impairment losses on property, plant and equipment.