Risk of impairment of fixed assets
First written in FY2022. 7 of 9 entries say "Restated". Latest entry: FY2026-H1.
Oxide moved to the "Worse" side of this theme in 2025, 4 years after the typical company in this theme (2021).
0 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business risks or material changes to the business risks described in the annual securities report for the previous fiscal year.」
No significant changes are reported in the impairment risk for property, plant and equipment. - FY2025MaterialisedAnnual report
「Goodwill and other assets arising from the acquisition of shares in Ricol Crystals Ltd., a consolidated subsidiary, have performed below the business plan projected at the time of acquisition. As it was determined to be difficult to achieve the originally projected business plan, the carrying amount of these assets was reduced to their recoverable amount, and the resulting decrease of ¥2,723.138 million was recorded as an impairment loss.」
An impairment loss of ¥2,723.138 million was actually recorded on goodwill, customer-related assets and other assets related to Raicol due to failure to achieve the business plan. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business risks or material changes to the business risks described in the annual securities report for the previous fiscal year.」
No significant changes are reported in the impairment risk for property, plant and equipment. - FY2025-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No significant changes are reported in the impairment risk for property, plant and equipment. - FY2024RestatedAnnual report
「No indicators of impairment have been identified at this time. We will continue working to secure stable earnings through the steady execution of our business plan.」
The impairment risk for property, plant and equipment is described as “material / unchanged,” and no indicators of impairment have been identified at this time. - FY2023-Q3RestatedAnnual report
「During the nine months ended September, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」
No significant changes are reported in the impairment risk for property, plant and equipment. - FY2023-Q2RestatedAnnual report
「During the six months ended June, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」
No significant changes are reported in the impairment risk for property, plant and equipment. - FY2023-Q1RestatedAnnual report
「During the three months ended March, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」
No significant changes are reported in the impairment risk for property, plant and equipment. - FY2022MaterialisedAnnual report
「For assets that were no longer expected to be used following the relocation of the Yokohama facility, the carrying amounts of property, plant and equipment were reduced to their recoverable amounts, and an impairment loss totaling ¥8.155 million was recorded as an extraordinary loss.」
The company describes impairment risk arising from deterioration in the operating environment and profitability of its plants and other factors, and an impairment loss of ¥8.155 million related to the relocation of the Yokohama facility was actually recognized during the period.