Impairment of long-lived assets due to sluggish sales
First written in FY2019-Q2. 11 of 18 entries say "Mitigated", first in FY2020-Q3. Latest entry: FY2026.
Tdk moved to the "Worse" side of this theme in 2018, 2 years after the typical company in this theme (2016).
The whole theme swung hardest in 2025: 3 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Impairment losses (or reversals) △ 1,862 364 873 1,038 338 - 751」
Impairment losses on non-financial assets decreased sharply from ¥18,032 million in the previous fiscal year to ¥751 million. An impairment test was conducted in the high-frequency components business, but no additional impairment was recognized because the recoverable amount exceeded the carrying amount. - FY2026-H1MitigatedAnnual report
「Impairment losses (or reversals) 2,480 1,670」
Impair losses for the interim period decreased from ¥2,480 million in the same period of the previous fiscal year to ¥1,670 million. Impairment due to reduced earnings capacity resulting from sluggish sales and other factors remained, but the amount recognized decreased year on year. - FY2025WorsenedAnnual report
「Impairment losses (or reversals) 13 18,032」
Impairment losses on non-financial assets increased from ¥9,570 million in the previous fiscal year to ¥18,032 million. Impairment due to reduced earnings capacity was recognized in high-frequency components, magnets and EV power supplies, among others. - FY2024MitigatedAnnual report
「Impairment losses (or reversals)」
Impairment losses decreased from ¥35,064 million in the previous fiscal year to ¥9,570 million. Impairment remained in magnetic application products, energy application products and other areas, but the amount recognized decreased. - FY2024-Q3MitigatedAnnual report
「Impairment losses (or reversals) 509 △ 511」
For the nine months ended the third quarter, a reversal of impairment losses of ¥511 million was recognized, indicating an improvement from the impairment loss of ¥509 million in the same period of the previous fiscal year. - FY2024-Q1MitigatedAnnual report
「Impairment losses (or reversals) - △ 519」
For the six months ended the first quarter, a reversal of impairment losses of ¥519 million was recognized, indicating an improvement from the impairment situation that had worsened in the previous fiscal year. - FY2023WorsenedAnnual report
「Impairment losses 35,064」
Impairment losses increased sharply from ¥3,300 million in the previous fiscal year to ¥35,064 million. Impairment due to reduced earnings capacity was recognized in HDD head and suspension-related products, magnets and EV power supplies, among others. - FY2023-Q2MaterialisedAnnual report
「Impairment losses - 509」
Impairment losses of ¥509 million were recognized for the six months ended the second quarter, indicating that impairment due to reduced earnings capacity resulting from sluggish sales and other factors had again materialized. - FY2022MitigatedAnnual report
「Impairment losses 3,300」
Impair losses, including those on long-lived assets, decreased from ¥7,914 million in the previous fiscal year to ¥3,300 million, indicating a decline in impairment arising from sluggish sales and other factors. - FY2022-Q2MitigatedAnnual report
「Impairment of long-lived assets 144 -」
Impairment losses on long-lived assets for the six months ended the second quarter fell to zero from ¥144 million in the same period of the previous fiscal year. - FY2022-Q1MitigatedAnnual report
「Impairment of long-lived assets 144 -」
Impairment losses on long-lived assets fell to zero in the first quarter from ¥144 million in the same period of the previous fiscal year, indicating a decrease in impairment arising from sluggish sales and other factors. - FY2021MitigatedAnnual report
「In FY2020 and FY2021, impairment losses on long-lived assets of ¥18,592 million and ¥7,914 million, respectively, were recognized, and the carrying amounts of assets not expected to be recoverable due to reduced earnings capacity resulting from sluggish sales and other factors were written down to fair value.」
Impairment losses on long-lived assets decreased from ¥18,592 million in the previous fiscal year to ¥7,914 million. - FY2021-Q3MitigatedAnnual report
「Impairment of long-lived assets 163」
Impairment losses on long-lived assets for the nine months ended the third quarter totaled ¥163 million, down from ¥242 million in the same period of the previous fiscal year. - FY2021-Q1MaterialisedAnnual report
「The breakdown of Other operating expenses (income) is as follows.」
Impairment of long-lived assets of ¥144 million was recognized in the first quarter, indicating that impairment risk resulting from reduced earnings capacity due to sluggish sales and other factors continues to materialize. - FY2020WorsenedAnnual report
「In FY2019 and FY2020, impairment losses on long-lived assets of ¥5,112 million and ¥18,592 million, respectively, were recognized, and the carrying amounts of assets not expected to be recoverable due to reduced earnings capacity resulting from sluggish sales and other factors were written down to fair value.」
Impairment losses on long-lived assets increased from ¥5,112 million in the previous fiscal year to ¥18,592 million, with impairment increasing mainly in magnetic application products. - FY2020-Q3MitigatedAnnual report
「For the nine months ended the third quarter of the current consolidated fiscal year, impairment losses on long-lived assets of ¥242 million were recognized. The carrying amounts of assets not expected to be recoverable due to reduced earnings capacity resulting from sluggish sales and other factors were written down to fair value.」
Impairment losses on long-lived assets decreased from ¥4,720 million in the same period of the previous fiscal year to ¥242 million. The breakdown was ¥8 million for passive components, ¥227 million for magnetic application products and ¥7 million for Other. - FY2019WorsenedAnnual report
「In FY2018 and FY2019, impairment losses on long-lived assets of ¥1,282 million and ¥5,112 million, respectively, were recognized, and the carrying amounts of assets not expected to be recoverable due to reduced earnings capacity resulting from sluggish sales and other factors were written down to fair value.」
Impairment losses on long-lived assets due to sluggish sales and other factors increased from ¥1,282 million in the previous fiscal year to ¥5,112 million, including ¥4,707 million recognized for magnetic application products. - FY2019-Q2MaterialisedAnnual report
「The carrying amounts of assets not expected to be recoverable due to reduced earnings capacity resulting from sluggish sales and other factors were written down to fair value. These fair values were classified as Level 3 because they were measured using unobservable inputs. As a result, impairment losses arising from non-temporary declines in fair value totaled ¥4,720 million for the six months ended the second quarter of the current consolidated fiscal year and were included in profit or loss.」
Impairment losses on long-lived assets totaled ¥4,720 million due to reduced earnings capacity resulting from sluggish sales and other factors. The breakdown was ¥9 million for passive components and ¥4,711 million for magnetic application products.