Impairment of goodwill and fixed assets
First written in FY2016. 23 of 41 entries say "Worsened", first in FY2017. Latest entry: 2026-09-30.
The whole theme swung hardest in 2020: 51 of 96 companies on the "Worse" side.
- FY2026MaterialisedAnnual report
「Operating loss was ¥51.978 billion, a decrease of ¥64.72 billion from the previous fiscal year, as a result of recognizing impairment losses on non-financial assets of ¥632.135 billion during the fiscal year.」
The ¥632.135 billion impairment loss on non-financial assets materialized impairment risk as a large operating loss. - FY2026-H1MaterialisedAnnual report
「During the interim consolidated accounting period, the company recognized impairment losses of ¥31.674 billion based on recoverable value, comprising ¥14.271 billion on property, plant and equipment, ¥16.592 billion on intangible assets and ¥811 million on other non-current assets, in the EV traction motor-related business and automotive inverter business of the AMEC segment.」
The company recognized impairment losses of ¥31.674 billion on non-financial assets in the EV traction motor-related business and automotive inverter business. - FY2025MitigatedAnnual report
「At NIDEC, the recoverable amount used in impairment testing for property, plant and equipment and other assets is calculated as value in use, based on estimated cash flows derived from business plans for a period corresponding to the remaining useful lives, including sales and expense forecasts, discounted to present value. These plans are prepared to reflect past experience and external information.」
No material impairment losses were recognized during the fiscal year, and a recoverability test was also conducted for the EV traction motor business. The company determined that the likelihood of a material impairment loss arising from reasonably possible changes in assumptions was low. - FY2025-H1Goodwill Balance UpdatedAnnual report
「Acquisitions through business combinations ¥11.808 billion Sales or disposals — Foreign currency translation adjustments and other −¥14.484 billion Balance at the end of the interim period Goodwill ¥391.864 billion」
While there were ¥11.808 billion in acquisitions through business combinations, the balance of goodwill at the end of the interim period was ¥391.864 billion due to foreign currency translation adjustments and other factors. - FY2024MaterialisedAnnual report
「In addition, following the strategic shift to prioritizing profitability in the traction motor-related business, the company recognized an impairment loss of ¥35.608 billion based on recoverable value.」
Following the shift to prioritizing profitability in the traction motor business, the company recognized an impairment loss of ¥35.608 billion on property, plant and equipment and other assets. - FY2024-Q3WorsenedAnnual report
「Quarter-end balance Goodwill 379,874」
The balance of goodwill subject to impairment risk increased from ¥363.139 billion at the end of the previous fiscal year to ¥379.874 billion. - FY2024-Q2WorsenedAnnual report
「Opening balance Goodwill 363,678 Acquisitions through business combinations 3,194 Sales or disposals － Foreign currency translation adjustments and other 25,373 Quarter-end balance Goodwill 392,245」
Goodwill subject to impairment risk increased from ¥363.678 billion to ¥392.245 billion. - FY2024-Q1WorsenedAnnual report
「Opening balance Goodwill 363,678 Acquisitions through business combinations － Sales or disposals － Foreign currency translation adjustments and other 18,669 Quarter-end balance Goodwill 382,347」
Goodwill subject to impairment risk increased by ¥18.669 billion due to foreign currency translation adjustments and other factors, bringing the quarter-end balance to ¥382.347 billion. - FY2023WorsenedAnnual report
「Goodwill increased from ¥339,904 million to ¥363,480 million.」
The goodwill balance subject to impairment risk increased by ¥23,576 million from the end of the previous fiscal year. - FY2023-Q3Goodwill Balance UpdatedAnnual report
「Quarter-end balance Goodwill 354,936」
The goodwill balance subject to impairment risk was updated to ¥354,936 million. - FY2023-Q2WorsenedAnnual report
「Opening balance Goodwill 339,904 Acquisitions through business combinations － Sales or disposals － Foreign currency translation adjustments and other 32,835 Quarter-end balance Goodwill 372,739」
The goodwill balance subject to impairment risk increased to ¥372,739 million due to foreign currency translation adjustments and other factors, up ¥32,835 million from the end of the previous fiscal year. - FY2023-Q1WorsenedAnnual report
「Opening balance Goodwill 339,904 Acquisitions through business combinations － Sales or disposals － Foreign currency translation adjustments and other 23,523 Quarter-end balance Goodwill 363,427」
Goodwill subject to impairment risk increased by ¥23,523 million from the end of the previous fiscal year to ¥363,427 million at the quarter-end. - FY2022WorsenedAnnual report
「Goodwill increased from ¥319,926 million at the end of the previous consolidated fiscal year to ¥339,904 million at the end of the current consolidated fiscal year.」
The goodwill balance subject to impairment risk associated with acquisitions increased by approximately ¥20 billion. - FY2022-Q3Increase in goodwill balance subject to impairment riskAnnual report
「Opening balance Goodwill 319,926 Acquisitions through business combinations － Sales or disposals － Foreign currency translation adjustments and other 6,837 Quarter-end balance Goodwill 326,763」
The goodwill balance subject to impairment risk increased to ¥326,763 million due to foreign currency translation adjustments and other factors, without any acquisitions through business combinations. - FY2022-Q2Goodwill increased due to foreign exchange movements and other factors.Annual report
「Acquisitions through business combinations － Sales or disposals － Foreign currency translation adjustments and other 1,911 Quarter-end balance Goodwill 321,837」
The goodwill balance subject to impairment risk increased from ¥319,926 million at the end of the previous fiscal year to ¥321,837 million, although there were no acquisitions through business combinations during the current quarter. - FY2022-Q1Goodwill increased slightly due to foreign exchange movements and other factors.Annual report
「Opening balance Goodwill 319,926 Acquisitions through business combinations － Sales or disposals － Foreign currency translation adjustments and other 734 Quarter-end balance Goodwill 320,660」
The goodwill balance subject to impairment risk increased by ¥734 million from the end of the previous fiscal year. No acquisition through a business combination was cited as a factor behind the increase during the current quarter. - FY2021WorsenedAnnual report
「Goodwill increased from ¥310,487 million to ¥320,020 million.」
The goodwill balance increased by approximately ¥9.5 billion from the end of the previous fiscal year, again increasing exposure to impairment risk associated with acquisitions. - FY2021-Q2Slight decrease in goodwill balanceAnnual report
「Opening balance Goodwill 310,487 Acquisitions through business combinations 499 Foreign currency translation adjustments and other △3,738 Quarter-end balance Goodwill 307,248」
The goodwill balance decreased slightly from ¥310,487 million at the end of March 2020 to ¥307,248 million. Meanwhile, the company recorded ¥499 million in acquisitions through business combinations during the six months ended the second quarter. - FY2020WorsenedAnnual report
「NIDEC's total assets amounted to ¥2,114,045 million, an increase of ¥230,037 million from the previous fiscal year. The main factor was an increase of ¥112,519 million in property, plant and equipment and ¥105,333 million in goodwill.」
Due to the acquisitions of Embraco, NIDEC Mobility and other businesses, goodwill increased by ¥105,333 million year on year, increasing exposure to impairment risk. - FY2020-Q3WorsenedAnnual report
「Total assets at the end of the third quarter of the current fiscal year increased by ¥318,281 million from the end of the previous fiscal year (31 March 2019) to ¥2,200,975 million. The main factors were increases of ¥126,204 million in goodwill, ¥115,629 million in property, plant and equipment, and ¥50,910 million in trade and other receivables.」
Due to the acquisition of Embraco, NIDEC Mobility and other businesses, goodwill increased by ¥126,204 million from the end of the previous fiscal year to ¥381,404 million, increasing exposure to impairment risk. - FY2020-Q2WorsenedAnnual report
「Total assets at the end of the second quarter of the current fiscal year increased by ¥96,958 million from the end of the previous fiscal year (31 March 2019) to ¥1,979,416 million. The main factors were increases of ¥63,345 million in property, plant and equipment, ¥50,034 million in goodwill, and ¥30,907 million in trade and other receivables.」
Goodwill increased by ¥50,034 million from the end of the previous fiscal year due to the acquisition of Embraco and other factors, increasing exposure to impairment risk. - FY2020-Q1MitigatedAnnual report
「The main factors were decreases of ¥16,226 million in goodwill, ¥7,243 million in cash and cash equivalents, ¥5,898 million in trade and other receivables, and ¥5,689 million in inventories.」
Following the loss of control of and planned sale of the Secop business, goodwill decreased by ¥16,226 million from the end of the previous fiscal year, reducing exposure to impairment risk associated with acquisitions. - FY2019WorsenedAnnual report
「NIDEC's total assets amounted to ¥1,875,068 million, an increase of ¥101,869 million from the previous fiscal year. The main factors were increases of ¥66,991 million in property, plant and equipment, ¥27,890 million in inventories and ¥27,396 million in goodwill.」
The goodwill balance increased by ¥27,396 million, from ¥234,915 million at the end of the previous fiscal year to ¥262,311 million, increasing exposure to impairment risk. - FY2019-Q3WorsenedAnnual report
「Total assets at the end of the third quarter of the current fiscal year increased by ¥108,851 million from the end of the previous fiscal year (31 March 2018) to ¥1,882,860 million. The main factors were increases of ¥44,677 million in property, plant and equipment, ¥42,352 million in inventories and ¥15,553 million in goodwill.」
Goodwill increased by ¥15,553 million from the end of the previous fiscal year, further increasing exposure to impairment risk associated with acquisitions and other factors. - FY2019-Q2WorsenedAnnual report
「Total assets at the end of the second quarter of the current fiscal year increased by ¥120,579 million from the end of the previous fiscal year (31 March 2018) to ¥1,894,588 million. The main factors were increases of ¥32,708 million in property, plant and equipment, ¥29,932 million in inventories, ¥14,256 million in goodwill, ¥11,541 million in cash and cash equivalents, and ¥11,078 million in trade and other receivables.」
Goodwill increased by ¥14,256 million from the end of the previous fiscal year, increasing exposure to impairment risk associated with acquisitions and other factors. - FY2019-Q1WorsenedAnnual report
「Total assets at the end of the first quarter of the current fiscal year increased by ¥71,038 million from the end of the previous fiscal year (31 March 2018) to ¥1,844,276 million. The main factors were increases of ¥23,485 million in cash and cash equivalents, ¥17,357 million in inventories, ¥13,176 million in property, plant and equipment, and ¥4,010 million in goodwill.」
Goodwill at the end of the first quarter increased by ¥4,010 million from the end of the previous fiscal year, increasing exposure to impairment risk associated with acquisitions and other factors. - FY2018WorsenedAnnual report
「This was due to increases of ¥47,584 million in property, plant and equipment and ¥15,330 million in goodwill, reflecting capital investment and the addition of new consolidated subsidiaries.」
Goodwill increased by ¥15,330 million, from ¥218,786 million at the end of the previous fiscal year to ¥234,116 million at the end of the current fiscal year, increasing exposure to impairment risk. - FY2018-Q3WorsenedAnnual report
「Opening balance Goodwill 221,033 Increase from acquisitions 18,476 Foreign currency translation adjustments and other 4,698 Quarter-end balance Goodwill 244,207」
The goodwill balance increased from ¥221,033 million at the end of March 2017 to ¥244,207 million at the end of December 2017, increasing exposure to impairment risk associated with acquisitions. - FY2018-Q2WorsenedAnnual report
「Goodwill 260,042 275,354」
The goodwill balance increased from ¥260,042 million at the end of March 2017 to ¥275,354 million at the end of September 2017. Goodwill increased by ¥10,505 million from acquisitions during the first half, increasing exposure to impairment risk associated with acquisitions. - FY2017WorsenedAnnual report
「NIDEC holds substantial amounts of goodwill and property, plant and equipment, among other assets, and may acquire additional goodwill through future acquisitions.」
Following the completion of acquisitions, goodwill increased from ¥162,043 million at the end of the previous fiscal year to ¥260,183 million, increasing exposure to impairment risk. - FY2016First statedAnnual report
「NIDEC holds substantial amounts of goodwill and property, plant and equipment, among other assets, and may acquire additional goodwill through future acquisitions. If the profitability of these assets declines, NIDEC may be required to recognise impairment losses, which could adversely affect NIDEC's operating results and financial condition.」
The company describes the increase in goodwill associated with acquisitions and the impairment risk if profitability declines.