Risk of Impairment of Fixed Assets, Including Manufacturing Equipment
First written in FY2016. 2 of 5 entries say "Materialised", first in FY2017-Q3. Latest entry: FY2021.
The whole theme swung hardest in 2020: 51 of 96 companies on the "Worse" side.
- FY2021RestatedAnnual report
「The Group's fixed assets, including manufacturing equipment, may no longer be recoverable because of declining profitability. If this leads to the recognition of impairment losses, it could affect the Group's results.」
The Company continues to disclose declining profitability of fixed assets and the possibility of recognizing impairment losses. No impairment losses were recognized in the current fiscal year. - FY2020MaterialisedAnnual report
「For development assets and business-use assets, the carrying amounts were reduced to their recoverable amounts because the assets had become idle and the invested amounts were expected to be difficult to recover. The resulting reductions were recognized as impairment losses under extraordinary losses.」
The impairment of fixed assets previously disclosed as a possibility materialized, with ¥27.615 million in impairment losses recognized on idle assets. - FY2018RestatedAnnual report
「The Group's fixed assets, including manufacturing equipment, may no longer be recoverable because of declining profitability. If this leads to the recognition of impairment losses, it could affect the Group's results.」
The Company continues to disclose declining profitability of fixed assets and the possibility of recognizing impairment losses as risks. No impairment losses were recognized in the current fiscal year. - FY2017-Q3MaterialisedAnnual report
「The Company posted ¥248 million in impairment losses as an extraordinary loss, resulting in ¥585 million, down 67.0% year on year.」
For fixed assets, including manufacturing equipment, the impairment losses previously disclosed as a possibility were actually recognized at ¥248 million. - FY2016First statedAnnual report
「The Group's fixed assets, including manufacturing equipment, may no longer be recoverable because of declining profitability. If this leads to the recognition of impairment losses, it could affect the Group's results.」
The Company discloses the possibility of recognizing impairment losses if the profitability of manufacturing equipment and other assets declines and the invested amounts cannot be recovered.