Komori
Shibuya (6340) · RiskMaterialised

Impairment of construction start-up costs following a review of the Hamamatsu New Head Office Plant project

First written in FY2022. 1 of 1 entries say "Materialised", first in FY2022. Latest entry: FY2022.

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Impairment of initial construction costs following a review of the new head office plant projectA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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  1. FY2022MaterialisedAnnual report

    「As the construction plan for the new head office plant being developed by consolidated subsidiary シブヤ精機㈱ was reviewed, construction start-up costs, including design costs, that were determined to have no expected future use were reduced to their recoverable amount of ¥0.」

    シブヤ精機 recognized ¥152 million in impairment losses for design costs and other construction start-up costs with no expected future use following a review of its Hamamatsu New Head Office Plant plan.
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