Impairment of Fixed Assets Due to Lower Business Profitability
First written in FY2019. 4 of 10 entries say "Materialised", first in FY2019. Latest entry: FY2026.
Tpr moved to the "Worse" side of this theme in 2019, 4 years before the typical company in this theme (2023).
The whole theme swung hardest in 2026: 6 of 10 companies on the "Worse" side.
3 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「During the current consolidated fiscal year, the Group recognized impairment losses mainly on the following asset groups.」
Impairment losses increased from ¥361 million in the previous fiscal year to ¥1,569 million, including ¥1,126 million at FALTEC's Tatebayashi Plant and ¥171 million at our Sintered Products Business. - FY2026-H1MaterialisedAnnual report
「Impairment losses ¥79 million ¥171 million」
Impairment losses increased from ¥79 million in the same period of the previous year to ¥171 million in the interim consolidated accounting period under review, marking a recurrence of impairment due to declining business profitability. - FY2025MitigatedAnnual report
「For the asset group related to our Sintered Products Business in Kani, Gifu Prefecture, operating losses had continued, among other factors. Accordingly, we reduced the carrying amount to the recoverable amount and recorded the reduction, ¥193 million, as an impairment loss under extraordinary losses.」
Impairment losses due to declining business profitability decreased from ¥611 million on a consolidated basis in the previous fiscal year to ¥361 million in the year under review, but continued to arise at the Sintered Products Business and FALTEC's Tatebayashi Plant. - FY2025-H1MaterialisedAnnual report
「Impairment losses 0 ¥79 million」
The company recorded impairment losses of ¥79 million during the interim consolidated accounting period under review, whereas none had been recorded in the same period of the previous year. - FY2023MitigatedAnnual report
「At FALTEC Europe, operating losses had continued, among other factors. Accordingly, we reduced the carrying amount to the recoverable amount and recorded the reduction, ¥685 million, as an impairment loss under extraordinary losses.」
Impairment losses due to declining business profitability decreased to ¥906 million from ¥1,404 million in the previous fiscal year, but continued to arise at the Sintered Products Business and FALTEC Europe. - FY2022WorsenedAnnual report
「As estimated future cash flows or net selling prices for the asset groups related to our Sintered Products Business, TPR Vietnam's and TPR Embla Co., Ltd.'s Resin Products Businesses, FALTEC Europe and other businesses were below their carrying amounts, we determined that impairment recognition was necessary and recorded impairment losses of ¥1,404 million in the consolidated income statement.」
Impairment losses associated with declining business profitability increased to ¥1,404 million from ¥1,230 million in the previous fiscal year, with additional losses arising at FALTEC Europe and other businesses. - FY2020MaterialisedAnnual report
「During the current consolidated fiscal year, the Group recognized impairment losses mainly on the following asset groups.」
Impairment losses increased to ¥819 million in the year under review from ¥365 million in the previous fiscal year due to declining profitability and a review of utilization plans. - FY2019MaterialisedAnnual report
「Because operating results from the sintered-products business in Kani, Gifu Prefecture, and the aluminum-products business in Tsuyama, Okayama Prefecture, had remained negative, we reduced their carrying amounts to recoverable amounts and recorded the reductions as impairment losses in extraordinary losses: ¥213 million for the sintered-products business and ¥6 million for the aluminum-products business.」
Impairment losses totaling ¥365 million were recorded for the sintered-products business, the aluminum-products business and FALTEC America due to lower profitability.