Impairment Risk of Long-Lived Assets and Goodwill
First written in FY2016. 16 of 22 entries say "Materialised", first in FY2016. Latest entry: FY2026.
The whole theme swung hardest in 2020: 51 of 96 companies on the "Worse" side.
- FY2026WorsenedAnnual report
「In the fiscal year, in connection with the transfer of shares in Ficosa International, S.A., the Company classified the related assets as assets held for sale and reduced their carrying amount to fair value less costs to sell, resulting in the recognition of impairment losses of ¥42,638 million.」
Impairment losses on non-financial assets totaled ¥74,356 million, including ¥42,638 million of impairment related to the transfer of Ficosa shares and ¥10,348 million of impairment of goodwill. - FY2024MaterialisedAnnual report
「In the fiscal year, the Company recognized impairment losses on goodwill related to the in-vehicle equipment business belonging to the Automotive segment. This was because the carrying amount was expected to be unrecoverable due to deteriorating profitability in the business.」
Regarding the impairment risk of long-lived assets and goodwill, impairment losses of ¥12,515 million on goodwill related to the in-vehicle equipment business were actually recognized due to deteriorating profitability. - FY2024-Q2MitigatedAnnual report
「Other income and expenses for the six-month period ended Q2 and the three-month period ended Q2 included reversals of impairment losses of ¥10,352 million」
A reversal of impairment losses of ¥10,352 million was recognized for the six-month period ended Q2, indicating an accounting improvement in the previously materialized impairment risk related to long-lived assets, goodwill and other assets. - FY2023MitigatedAnnual report
「There were no individually material impairment losses in either the previous fiscal year or the current fiscal year.」
Impairment losses on non-financial assets were ¥2,264 million in the current fiscal year, but the Company disclosed that there were no individually material impairment losses. - FY2023-Q1MaterialisedAnnual report
「Impairment of property, plant and equipment, right-of-use assets, goodwill and intangible assets 457」
Impairment of property, plant and equipment, right-of-use assets, goodwill and intangible assets of ¥457 million was recognized for the three-month period ended Q1. - FY2022No individually material impairment losses in the fiscal yearAnnual report
「In the fiscal year, there were no individually material impairment losses.」
While impairment losses were recognized in the aircraft-related business and elsewhere in the previous fiscal year, the Company disclosed that there were no individually material impairment losses in the current fiscal year. - FY2022-Q3MaterialisedAnnual report
「Impairment of property, plant and equipment, right-of-use assets, goodwill and intangible assets 2,382」
Impairment of property, plant and equipment, right-of-use assets, goodwill and intangible assets of ¥2,382 million was recognized for the nine-month period ended Q3. - FY2021MaterialisedAnnual report
「In the fiscal year, the Company recognized impairment losses on goodwill related to the aircraft-related business belonging to the Connected Solutions segment. ... Impairment losses for the fiscal year were ¥44,280 million.」
The risk of impairment of non-financial assets materialized as ¥44,280 million in impairment losses in fiscal 2020, including impairment of goodwill and other assets related to the aircraft-related business. - FY2021-Q3MaterialisedAnnual report
「Impairment of property, plant and equipment, right-of-use assets, goodwill and intangible assets 4,721」
Impairment of property, plant and equipment, right-of-use assets, goodwill and intangible assets of ¥4,721 million was recognized for the nine-month period ended Q3, down from ¥28,551 million in the same period of the previous year. - FY2020WorsenedAnnual report
「Impairment losses recognized on property, plant and equipment, right-of-use assets, goodwill and intangible assets totaled ¥91,253 million in the fiscal year.」
Impairment losses on non-financial assets increased from ¥62,775 million in the previous fiscal year to ¥91,253 million, including impairment related to deteriorating automotive profitability and losses associated with the decision to transfer the semiconductor business. - FY2020-Q3MaterialisedAnnual report
「Other income and expenses for the nine-month period ended Q3 and the three-month period ended Q3 included impairment losses of ¥23,820 million and ¥22,635 million, respectively. These were primarily impairment losses related to the semiconductor business, including the recognition of estimated losses expected to arise after the Board of Directors resolved on 28 November 2019 to transfer the semiconductor business and entered into a transfer agreement on the same date.」
Impairment losses of ¥23,820 million were recognized for the nine-month period ended Q3, mainly reflecting estimated losses associated with the decision to transfer the semiconductor business. - FY2020-Q2MaterialisedAnnual report
「Impairment of property, plant and equipment, goodwill and intangible assets 5,773」
Impairment of property, plant and equipment, goodwill and intangible assets of ¥5,773 million was recognized in the first half of fiscal 2019. - FY2020-Q1MaterialisedAnnual report
「Impairment of property, plant and equipment, goodwill and intangible assets 509」
Impairment of property, plant and equipment, goodwill and intangible assets of ¥509 million was recognized for the three-month period ended Q1. - FY2019WorsenedAnnual report
「In the fiscal year, the Company recognized impairment losses on property, plant and equipment and other assets of multiple cash-generating units in the solar business belonging to the Eco Solutions segment. ... It recognized impairment losses on goodwill and intangible assets of multiple cash-generating units in the automotive business.」
Impairment losses increased from ¥26,772 million in the previous fiscal year to ¥62,775 million, with the restructuring of the solar business and deteriorating profitability in the European automotive business cited as factors. - FY2019-Q1MaterialisedAnnual report
「Impairment of property, plant and equipment, goodwill and intangible assets 597」
Impairment of property, plant and equipment, goodwill and intangible assets of ¥597 million was recognized for the three-month period ended Q1. - FY2018MaterialisedAnnual report
「In the fiscal year, the Company recognized impairment losses on intangible assets and other assets related to certain businesses in the Eco Solutions segment.」
In connection with the risk of impairment of non-financial assets, impairment losses of ¥26,772 million were recognized in the current fiscal year as well. - FY2018-Q3MaterialisedAnnual report
「Impairment of property, plant and equipment, goodwill and intangible assets 9,446」
Impairment of property, plant and equipment, goodwill and intangible assets of ¥9,446 million was recognized for the nine-month period ended Q3, up from ¥2,525 million in the same period of the previous year. - FY2018-Q2MaterialisedAnnual report
「Impairment of property, plant and equipment, goodwill and intangible assets 6,460」
Impairment of property, plant and equipment, goodwill and intangible assets of ¥6,460 million was recognized for the six-month period ended Q2. - FY2017MaterialisedAnnual report
「In the fiscal year, the Company recognized impairment losses on intangible assets and other assets related to certain businesses in the Eco Solutions segment.」
Full-year impairment losses were ¥45,868 million, including ¥24,725 million recognized in Eco Solutions. - FY2017-Q3MaterialisedAnnual report
「The company recognized total impairment losses on long-lived assets of ¥2,525 million and ¥2,353 million, respectively, in the cumulative third quarter and the third quarter of fiscal 2016.」
¥2,525 million in impairment losses on long-lived assets was recognized for the nine-month period ended Q3. - FY2017-Q1MaterialisedAnnual report
「The company recognized impairment losses on long-lived assets of ¥1,020 million and ¥169 million, respectively, in the cumulative first quarters of fiscal 2015 and fiscal 2016.」
The company also recognized ¥169 million in impairment losses on long-lived assets in the first quarter. - FY2016MaterialisedAnnual report
「Impairment losses on long-lived assets recognized in fiscal 2015 amounted to ¥36.7 billion, primarily relating to the Eco Solutions segment.」
The company recognized ¥36.7 billion in impairment losses on long-lived assets and ¥12.0 billion in goodwill impairment, attributing them to deterioration in the business environment and declining earnings capacity.