Impairment Loss on Intangible Assets in the Automated Machinery Division
First written in FY2020-Q3. . Latest entry: FY2020.
The whole theme swung hardest in 2026: 66 of 128 companies on the "Worse" side.
26 other companies' latest entry also says "Other".
- FY2020Specifying the reason for impairment as failure to meet the sales planAnnual report
「The carrying amount of intangible assets acquired by the company's Automatic Machinery Business, specifically patent rights, was reduced to the recoverable amount and the decrease was recorded as an impairment loss under extraordinary losses because sales were substantially below the initial plan and the investment was expected to be difficult to recover.」
The company specified that the ¥130 million impairment loss on intangible assets resulted from sales falling substantially below the initial plan, making recovery of the investment difficult. - FY2020-Q3First statedAnnual report
「In the Automatic Machinery Business segment, the company recorded an impairment loss of ¥130 million on intangible assets during the nine months ended the third quarter of the current consolidated fiscal year.」
The company disclosed for the first time that it had recorded a ¥130 million impairment loss on intangible assets in the Automatic Machinery Business.