Sale of Malaysian Electricity Meter Production Equipment
First written in FY2024-Q3. 1 of 2 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2025: 14 of 21 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「In the overseas measurement and control business, following the decision to sell part of the electricity meter production equipment, we reduced the carrying amount of the assets to their recoverable amount. The reduction was recorded as an impairment loss under extraordinary losses.」
An impairment loss of ¥213 million was recorded following the decision to sell part of the electricity meter production equipment in Malaysia, and its treatment after the sale decision was also confirmed in the annual report. - FY2024-Q3First statedAnnual report
「In the overseas measurement and control business, following the decision to sell part of the electricity meter production equipment, we reduced the carrying amount of the assets to their recoverable amount. The reduction was recorded as an impairment loss under extraordinary losses.」
A decision was made to sell part of the electricity meter production equipment in Malaysia. As a result of reducing its carrying amount to its recoverable amount, an impairment loss of ¥200 million was recorded.