Impairment Losses on Manufacturing Equipment in Asia and Elsewhere and Lower Recoverability
First written in FY2017-Q3. 8 of 21 entries say "Restated". Latest entry: FY2026.
Ntn moved to the "Worse" side of this theme in 2023.
0 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「The resulting decrease of ¥8,090 million in the current fiscal year and ¥11,735 million in the previous fiscal year was recorded as an impairment loss under extraordinary losses.」
Impairment losses decreased from ¥11,735 million in the previous fiscal year to ¥8,090 million in the current fiscal year. Meanwhile, impairment losses continued to be recorded in Japan, the Americas, and Asia and other regions. - FY2026-H1MitigatedAnnual report
「There are no applicable matters.」
The segment information for the six months ended 30 September states that there were no material impairment losses relating to fixed assets. The ¥643 million impairment loss recorded in the same period of the previous year was not recorded in the current period. - FY2025WorsenedAnnual report
「Because the assets shown in the table were not considered recoverable over the estimated period of future cash flows in the current and previous consolidated fiscal years due to deteriorating profitability and other factors, and were no longer expected to be used in the future due to production restructuring, discontinued development and other factors, their carrying amounts were reduced to their recoverable amounts. The resulting decrease of ¥11,735 million in the current fiscal year and ¥4,168 million in the previous fiscal year was recorded as an impairment loss under extraordinary losses.」
Impairment losses increased from ¥4,168 million in the previous fiscal year to ¥11,735 million in the current fiscal year, and assets associated with production restructuring and discontinued development were also affected. - FY2025-H1MaterialisedAnnual report
「Because the assets shown in the table were no longer expected to be used in the future due to discontinued development and other factors, their carrying amounts were reduced to their recoverable amounts. The resulting decrease of ¥643 million was recorded as an impairment loss under extraordinary losses for the six months ended 30 September.」
The Company recorded ¥643 million in impairment losses on manufacturing facilities and other assets in Japan that were no longer expected to be used due to discontinued development and other factors. - FY2023WorsenedAnnual report
「Because the assets shown in the table were not considered recoverable over the estimated period of future cash flows in the current and previous consolidated fiscal years due to deteriorating profitability and other factors, their carrying amounts were reduced to their recoverable amounts. The resulting decrease of ¥1,609 million in the current fiscal year and ¥601 million in the previous fiscal year was recorded as an impairment loss under extraordinary losses.」
Impairment losses increased from ¥601 million in the previous fiscal year to ¥1,609 million in the current fiscal year, arising at manufacturing facilities and other assets in Japan and Asia and other regions. - FY2022MitigatedAnnual report
「Because the assets shown in the table were not considered recoverable over the estimated period of future cash flows in the current and previous consolidated fiscal years due to deteriorating profitability and other factors, their carrying amounts were reduced to their recoverable amounts. The resulting decrease of ¥601 million in the current fiscal year and ¥2,462 million in the previous fiscal year was recorded as an impairment loss under extraordinary losses.」
Impairment losses decreased from ¥2,462 million in the previous fiscal year to ¥601 million in the current fiscal year. - FY2021MitigatedAnnual report
「The resulting decrease of ¥2,462 million in the current fiscal year and ¥29,001 million in the previous fiscal year was recorded as an impairment loss under extraordinary losses.」
Impairment losses decreased from ¥29,001 million in the previous fiscal year to ¥2,462 million in the current fiscal year. However, impairment losses of ¥470 million and other amounts were incurred at a U.S. subsidiary. - FY2021-Q1RestatedAnnual report
「During the three-month period ended June 30, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
The Company states that there were no material changes concerning impairment losses and lower recoverability of manufacturing facilities. - FY2020-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year, and there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The Company states that there were no material changes concerning impairment losses and lower recoverability of manufacturing facilities. - FY2020-Q1RestatedAnnual report
「During the three-month period ended June 30, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
The Company states that there were no material changes concerning impairment losses and lower recoverability of manufacturing facilities. - FY2019WorsenedAnnual report
「Because the assets shown in the table were not considered recoverable over the estimated period of future cash flows in the current and previous consolidated fiscal years due to deteriorating profitability and other factors, their carrying amounts were reduced to their recoverable amounts. The resulting decrease of ¥16,963 million in the current fiscal year and ¥634 million in the previous fiscal year was recorded as an impairment loss under extraordinary losses.」
Impairment losses on manufacturing facilities and other assets increased substantially from ¥634 million in the previous fiscal year to ¥16,963 million in the current fiscal year, with the impact extending from the previously described focus on Asia and other regions to manufacturing facilities and other assets in Japan. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year, and there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The Company states that there were no material changes concerning impairment losses and lower recoverability of manufacturing facilities. - FY2019-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year, and there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The Company states that there were no material changes concerning impairment losses and lower recoverability of manufacturing facilities. - FY2019-Q1RestatedAnnual report
「During the three-month period ended June 30, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
The Company states that there were no material changes concerning impairment losses and lower recoverability of manufacturing facilities. - FY2018MitigatedAnnual report
「Because the assets shown in the table were not considered recoverable over the estimated period of future cash flows in the current and previous consolidated fiscal years, their carrying amounts were reduced to their recoverable amounts. The resulting decrease of ¥634 million in the current fiscal year and ¥4,562 million in the previous fiscal year was recorded as an impairment loss under extraordinary losses.」
Impairment losses decreased from ¥4,562 million in the previous fiscal year to ¥634 million in the current fiscal year, which primarily related to manufacturing facilities and other assets in Japan; no impairment losses for Asia and other regions recorded in the previous fiscal year were described. - FY2018-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year, and there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The Company states that there were no material changes concerning impairment losses and lower recoverability of manufacturing facilities. - FY2018-Q1RestatedAnnual report
「During the three-month period ended June 30, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
The Company states that there were no material changes to the impairment losses and lower recoverability of manufacturing facilities described for the previous fiscal year. - FY2017MaterialisedAnnual report
「Because the assets shown in the table were not considered recoverable over the estimated period of future cash flows in the current and previous consolidated fiscal years, their carrying amounts were reduced to their recoverable amounts. The resulting decrease of ¥4,562 million in the current fiscal year and ¥2,687 million in the previous fiscal year was recorded as an impairment loss under extraordinary losses.」
Full-year impairment losses totaled ¥4,562 million, including ¥3,759 million in Asia and other regions, ¥555 million in Japan and ¥164 million in Europe, among others. - FY2017-Q3MaterialisedAnnual report
「For manufacturing assets, the Group groups factories and other facilities based on business classifications used in management accounting as the smallest units generating cash flows, while head office and operating assets are grouped as common assets. Because the assets shown in the table are not expected to be used in the future and are not considered recoverable over the estimated period of future cash flows, their carrying amounts were reduced to their recoverable amounts. The resulting decrease of ¥3,728 million was recorded as an impairment loss under extraordinary losses for the nine months ended 31 December.」
The Company recorded impairment losses of ¥1,308 million on buildings and structures and ¥2,420 million on machinery and equipment, for a total of ¥3,728 million, on manufacturing facilities in Asia and other regions because they were not expected to be used in the future and were not considered recoverable.