Risk of impairment losses due to obsolescence of embedded equipment software
First written in FY2021. 2 of 3 entries say "Mitigated", first in FY2022. Latest entry: FY2026.
The whole theme swung hardest in 2024: 22 of 52 companies on the "Worse" side.
13 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「If expected sales revenue declines significantly as information and communications network products become obsolete, costs or losses may be incurred at once, up to the ¥841 million carrying amount of embedded equipment software recorded in the consolidated financial statements for the current consolidated fiscal year.」
The balance of embedded equipment software subject to potential losses upon obsolescence declined from ¥848 million in the previous fiscal year to ¥841 million. The risk itself continues. - FY2022MitigatedAnnual report
「If expected sales revenue declines significantly as information and communications network products become obsolete, costs or losses may be incurred at once, up to the ¥848 million carrying amount of embedded equipment software recorded in the consolidated financial statements for the current consolidated fiscal year.」
The amount exposed to the risk relating to embedded equipment software declined from ¥1,346 million in the previous fiscal year to ¥848 million, while the possibility of losses if products become obsolete continues to be disclosed. - FY2021First statedAnnual report
「Because expected sales volumes are affected by changes in market conditions, estimates are highly uncertain. If expected sales revenue declines significantly as information and communications network products become obsolete, costs or losses may be incurred at once, up to the ¥1,346 million carrying amount of embedded equipment software recorded in the consolidated financial statements for the current consolidated fiscal year.」
The company disclosed a new significant-estimate risk: based on expected sales volumes for embedded equipment software and changes in market conditions, a one-time cost or loss of up to ¥1,346 million may arise if the software becomes obsolete.