Impairment Loss on Business-Use Assets of Overseas Subsidiaries
First written in FY2022-Q3. 3 of 6 entries say "Advanced", first in FY2022. Latest entry: FY2026.
The whole theme swung hardest in 2020: 13 of 15 companies on the "Worse" side.
3 other companies' latest entry also says "Other".
- FY2026Decrease in impairment lossesAnnual report
「For the consolidated fiscal year from 1 April 2025 to 31 March 2026, the disclosure has been omitted because it is immaterial.」
Regarding the ¥1,303 million in impairment losses recorded in the previous fiscal year, the breakdown was omitted in the current fiscal year because it was immaterial, and impairment losses on the consolidated statement of income also declined to ¥335 million. - 2026-05-13MitigatedRevision of earnings forecasts
「Impairment loss 1,303 335」
Impairment losses declined from ¥1,303 million in the previous fiscal year to ¥335 million, reducing the impact of impairment. - FY2025AdvancedAnnual report
「The breakdown is as follows: buildings and structures, 3; machinery, equipment and vehicles, 1,102; tools, furniture and fixtures, 120; construction in progress, 45; other intangible assets, 32; total, ¥1,303 million.」
Impairment losses increased from ¥1,051 million in the previous fiscal year to ¥1,303 million and were recorded in the automotive and construction machinery businesses and the semiconductor business. Idle assets in Mexico were also included. - FY2024AdvancedAnnual report
「For certain asset groups, indications of impairment arose due to declining profitability caused by changes in market and business conditions. After reviewing future recoverability, we reduced the carrying amounts to their recoverable amounts and recorded the reductions as impairment losses under extraordinary losses.」
Impairment losses of ¥1,051 million were recorded on operating and idle assets in Japan, including buildings and structures, machinery, equipment and vehicles, and construction in progress. - FY2022AdvancedAnnual report
「The breakdown is as follows: buildings and structures, 745; machinery, equipment and vehicles, 515; tools, furniture and fixtures, 4; construction in progress, 114; total, ¥1,379 million.」
Compared with ¥1,088 million recorded for the nine months ended the third quarter of the previous fiscal year, impairment losses for the full fiscal year totaled ¥1,379 million for assets in Japan and France, confirming the scope and amount of the impact for the full year. - FY2022-Q3First statedAnnual report
「In the Automotive and Construction Machinery Industry Business segment, the carrying amounts of operating assets of overseas subsidiaries were reduced to their recoverable amounts due to declining profitability and other factors, and the reduction was recorded as an impairment loss under extraordinary losses. The impairment loss recorded for the nine months ended the third quarter of the current fiscal year was ¥1,088 million.」
In the Automotive and Construction Machinery Industry Business segment, impairment losses of ¥1,088 million on operating assets of overseas subsidiaries due to declining profitability and other factors were disclosed for the first time.