Risk of impairment accounting affecting results
First written in FY2017. 14 of 23 entries say "Materialised", first in FY2018. Latest entry: 2026-07-31.
The whole theme swung hardest in 2020: 51 of 96 companies on the "Worse" side.
- 2026-07-31MitigatedEarnings
「Impairment loss 106 35」
The impairment loss declined from ¥106 million in the same period of the previous year to ¥35 million in the current quarter. - FY2026Updated full-year impairment lossAnnual report
「For the fiscal year ending March 2026, we recorded an impairment loss of ¥4.2 billion as an extraordinary loss. This resulted from reducing the carrying amount of operating assets related to sound products in the mobility business, which is promoting a business-model shift from low-profitability products to high-profitability products, as well as assets held for disposal with no expected future use, to their recoverable amounts.」
Regarding impairment risk for fixed assets, ¥4.201 billion was recognized for the full year. The assets concerned mainly comprised assets related to sound products in the mobility business and assets scheduled for disposal. - FY2026-H1Updated first-half impairment lossAnnual report
「Impairment loss 180」
Regarding impairment risk for fixed assets, an impairment loss of ¥180 million was recognized during the interim consolidated accounting period, down from ¥608 million in the same period of the previous fiscal year. - FY2025-H1Updated first-half impairment lossAnnual report
「Impairment loss 608」
Disclosed a first-half impairment loss of ¥608 million, up from ¥542 million in the same period of the previous fiscal year. - FY2024-Q3WorsenedAnnual report
「An impairment loss of ¥35.3 billion on business-use fixed assets related to module products comprising the modules and systems business and certain products for the automotive market included in the sensors and communications business was recognized as an extraordinary loss. This was because, in addition to the expected continued cost increases associated with launching production of new products exceeding initial expectations, it was expected to take time to improve the earnings structure for these products,」
Impairment losses increased significantly from ¥64 million in the same period of the previous fiscal year to ¥36.205 billion for the cumulative period. The continued costs of launching production of new products and the expected delay in improving the earnings structure resulted in an actual impairment loss on fixed assets. - FY2024-Q2MaterialisedAnnual report
「Impairment loss 542」
Regarding impairment risk for fixed assets, an impairment loss of ¥542 million was recognized during the cumulative second quarter. The breakdown was ¥81 million in the components business, ¥3 million in the sensors and communications business, and ¥457 million in the modules and systems business. - FY2024-Q1MaterialisedAnnual report
「Impairment loss 418」
Regarding impairment risk for fixed assets, an impairment loss of ¥418 million was recognized during the cumulative first quarter. - FY2023WorsenedAnnual report
「Impairment losses amounted to ¥5,600 million.」
Impairment losses on fixed assets increased from ¥2.121 billion in the previous fiscal year to ¥5.6 billion. An impairment loss of ¥3.877 billion was recognized in connection with the withdrawal from some unprofitable businesses in the automotive modules business. - FY2023-Q3MaterialisedAnnual report
「Impairment loss 64」
Regarding impairment risk for fixed assets, an impairment loss of ¥64 million was recognized during the cumulative third quarter. - FY2022MaterialisedAnnual report
「Total ¥2,121 million」
Regarding impairment risk for fixed assets, ¥2.121 billion was recognized for the full year. The assets concerned included assets scheduled for disposal in Fukushima Prefecture and elsewhere, assets scheduled for disposal in Tianjin, China, and idle assets in Miyagi Prefecture and elsewhere. - FY2022-Q3MaterialisedAnnual report
「Impairment loss ¥1,326 million」
Regarding impairment risk for fixed assets, an impairment loss of ¥1,326 million was recognized in the electronic components business during the cumulative third quarter. - FY2022-Q2MaterialisedAnnual report
「Net income attributable to owners of the parent was ¥2.1 billion, as the Company recognized an impairment charge of ¥1.3 billion on idle equipment as an extraordinary loss due to changes in the business environment, while taxes arising from increased profits at overseas subsidiaries exceeded the plan, among other factors. In the same period of the previous fiscal year, the net loss attributable to owners of the parent was ¥8.9 billion.」
An impairment charge of ¥1.3 billion on idle equipment was recognized as an extraordinary loss, resulting in impairment risk becoming an actual loss. - FY2022-Q1MaterialisedAnnual report
「Impairment losses 1」
Regarding impairment risk for fixed assets, an impairment loss of ¥1 million was recognized during the first quarter. - FY2021-Q3RestatedAnnual report
「Although these conditions are expected to recover toward the end of the fiscal year, the Company has applied the recoverability assessment for deferred tax assets and impairment accounting for fixed assets on the assumption that the effects will continue into the following fiscal year and beyond, given the expectation that the recovery in demand, mainly in the automotive market, will be gradual.」
Continued to describe the application of impairment accounting for fixed assets based on the assumption that the recovery in demand in the automotive market would be gradual. - FY2021-Q2WorsenedAnnual report
「Although these conditions are expected to recover toward the end of the fiscal year, the Company has applied the recoverability assessment for deferred tax assets and impairment accounting for fixed assets on the assumption that the effects will continue into the following fiscal year and beyond, given the expectation that the recovery in demand, mainly in the automotive market, will be gradual.」
Described the application of impairment accounting for fixed assets based on the assumption that the recovery in demand in the automotive market would be delayed due to COVID-19. No new impairment loss amount was indicated. - FY2021-Q1MaterialisedAnnual report
「Impairment loss 20」
Regarding impairment accounting risk, an impairment loss of ¥20 million was recognized in the electronic components business during the first quarter. - FY2020MaterialisedAnnual report
「Impairment loss ¥2,688 million」
Regarding impairment risk for fixed assets, an impairment loss of ¥2.688 billion was recognized on a consolidated basis during the fiscal year. The amount comprised ¥2,527 million in the electronic components business and ¥160 million in the logistics business. - FY2020-Q3MaterialisedAnnual report
「Impairment loss 210」
Regarding impairment accounting risk, an impairment loss of ¥210 million was recognized in the electronic components business during the cumulative third quarter. - FY2020-Q2MaterialisedAnnual report
「Impairment loss 209」
Regarding impairment accounting risk, an impairment loss of ¥209 million was recognized in the electronic components business during the first half. - FY2018MaterialisedAnnual report
「Impairment loss ¥275 million」
Regarding impairment accounting risk, an impairment loss of ¥275 million was recognized in the automotive information equipment business during the fiscal year. - FY2017First statedAnnual report
「The Group owns various assets used in its businesses. These assets may be subject to impairment accounting due to declines in fair value or the future cash inflow outlook, which could affect the Group's performance.」
Disclosed the risk of impairment due to declines in the fair value of fixed assets and deterioration in future cash inflows as a separate item.