Toyo Kanetsu K.K. (6369) · RiskMaterialised
Monetization and Impairment Risk in the Next-Generation Energy Development Business
First written in FY2023. 3 of 3 entries say "Materialised", first in FY2023. Latest entry: FY2024-Q3.
3entries
2years
0from disclosures
How it moved
Same theme, other companies
Continued losses and equipment impairment in new business development-related operationsA theme 3 companies write about · 3 as a headwind · 0 as a tailwind
Toyo Kanetsu K.K. moved to the "Worse" side of this theme in 2023.
0 other companies' latest entry also says "Materialised".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
- FY2024-Q3MaterialisedAnnual report
「Impairment loss — 333」
The company recognized an impairment loss of ¥333 million in the cumulative third quarter of the current fiscal year. The quarterly consolidated income statement does not provide a breakdown by business of the assets subject to the impairment loss. - FY2024-Q2MaterialisedAnnual report
「Impairment loss — 323」
The company recognized an impairment loss of ¥323 million in the cumulative second quarter of the current fiscal year. The quarterly consolidated income statement does not provide a breakdown by business of the assets subject to the impairment loss. - FY2023MaterialisedAnnual report
「For asset groups whose cash flows from operating activities are continuously negative or are expected to remain continuously negative, the company reduces their carrying amounts to recoverable amounts and recognizes the reduction as an impairment loss under extraordinary losses.」
The company recognized an impairment loss of ¥304 million on machinery and equipment and other assets in the Next-Generation Energy Development Business, citing expectations of persistently negative operating cash flow.