Recognition of Extraordinary Loss (Impairment Loss)
Overseas subsidiaries in China (company name Not disclosed)
China
Deteriorating performance due to continued weak sales in China. It was deemed appropriate to estimate future performance more strictly and conservatively.
¥674 million (extraordinary loss, impairment loss)
| Item | Details |
|---|---|
| Event name | Recognition of Extraordinary Loss (Impairment Loss) |
| Subject Entity | Overseas subsidiaries in China (company name Not disclosed) |
| Target Locations / Products | China |
| Cause | Deteriorating performance due to continued weak sales in China. It was deemed appropriate to estimate future performance more strictly and conservatively. |
| Amount of Impact on Business Performance | ¥674 million (extraordinary loss, impairment loss) |
Items this document does not state (20)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.As weak sales in China have continued and performance has deteriorated, it was deemed appropriate to estimate future performance more strictly and conservatively.