Impairment of operating assets due to lower orders and profitability at 大豊精機
First written in FY2025-H1. 2 of 4 entries say "Materialised", first in FY2025-H1. Latest entry: 2026-05-28.
No other company in this theme has enough history to compare yet.
- FY2026-H1MitigatedAnnual report
「There were no material impairment losses during the current interim consolidated accounting period.」
The company recognized an impairment loss of ¥628 million in the automotive parts-related segment of 大豊精機株式会社 in the previous interim period, but states that there were no material impairment losses during the current interim period. - FY2025-H1MaterialisedAnnual report
「During the current interim consolidated accounting period, the company identified indications of impairment and tested the relevant fixed assets in the automotive parts-related segment of 大豊精機株式会社, a consolidated subsidiary of the Group, because orders were expected to decline and profitability to deteriorate against a backdrop of changes in the business environment. As a result, the company determined that the total undiscounted future cash flows for the asset group in the segment were below its carrying amount, reduced the carrying amount to the recoverable amount, and recognized the reduction as an impairment loss.」
In the automotive parts-related segment of 大豊精機株式会社, the company recognized an impairment loss of ¥628 million during the current interim period, comprising ¥229 million for buildings and structures, ¥183 million for machinery, equipment and vehicles, ¥46 million for tools, furniture and fixtures, ¥20 million for land, and ¥148 million for construction in progress, as lower orders and profitability were expected.