Declining Profitability of IP Network Solutions and Impairment of Fixed Assets
First written in FY2018. 10 of 20 entries say "Mitigated", first in FY2019-Q1. Latest entry: FY2025.
Artiza Networks moved to the "Worse" side of this theme in 2023.
0 other companies' latest entry also says "Materialised".
- FY2025MaterialisedAnnual report
「During the current consolidated fiscal year, profitability in the Merchandise Business declined and future cash flows were expected to be negative. Accordingly, the recoverable amount was set at ¥0, and the full carrying amount was recognized as an impairment loss, resulting in an extraordinary loss of ¥31.084 million.」
The decline in profitability of the Merchandise Business and the expectation of negative future cash flows materialized as a ¥31.084 million impairment loss on tools, furniture and fixtures, and software. - FY2023MaterialisedAnnual report
「The Company recognized an impairment loss of ¥125.411 million on the operating assets of its IP Network Solutions business, the operating assets and goodwill of its wholly owned subsidiary 株式会社シー・ツー・エム, and the operating assets of its wholly owned subsidiary 阿基捷（上海）軟件開発有限公司.」
A total impairment loss of ¥125.411 million was recognized on the assets of IP Network Solutions, 株式会社シー・ツー・エム, and the Shanghai subsidiary. - FY2023-Q2MaterialisedAnnual report
「In the IP Network Solutions segment, profitability has declined and future cash flows are expected to be negative. Accordingly, the recoverable amount was set at ¥0, and the full carrying amount of ¥51.187 million was recognized as an impairment loss under extraordinary losses.」
The decline in profitability of IP Network Solutions and the expectation of negative future cash flows were again reflected in an actual ¥51.187 million impairment loss on fixed assets. - FY2023-Q1WorsenedAnnual report
「Segment operating results were an operating loss of ¥66.497 million, compared with an operating loss of ¥27.630 million in the same period of the previous year, due to lower revenue and increased research and development investment in the etherExtractor series and new products.」
The operating loss of IP Network Solutions widened from ¥27.630 million in the same period of the previous year to ¥66.497 million, and profitability deteriorated again. - FY2022WorsenedAnnual report
「Despite efforts to reduce research and development investment and selling, general and administrative expenses, segment operating results were affected by a substantial decline in revenue and resulted in an operating loss of ¥62.437 million, compared with an operating loss of ¥45.649 million in the previous fiscal year.」
The operating loss of IP Network Solutions widened from ¥45.649 million in the previous fiscal year to ¥62.437 million, and profitability deteriorated again. - FY2022-Q3MitigatedAnnual report
「Segment operating results improved year on year due to lower research and development investment in the etherExtractor series and lower selling, general and administrative expenses, but remained an operating loss of ¥12.343 million, compared with an operating loss of ¥45.665 million in the same period of the previous year.」
The operating loss of IP Network Solutions narrowed from ¥45.665 million in the same period of the previous year to ¥12.343 million. The segment remained loss-making at the operating level. - FY2022-Q2MitigatedAnnual report
「Segment operating results improved year on year due to lower research and development investment in the etherExtractor series and lower selling, general and administrative expenses, but remained an operating loss of ¥8.543 million, compared with an operating loss of ¥120.059 million in the same period of the previous year.」
The operating loss of IP Network Solutions narrowed substantially from ¥120.059 million in the same period of the previous year to ¥8.543 million, improving profitability. However, the segment remained loss-making at the operating level. - FY2022-Q1MitigatedAnnual report
「Segment operating results improved due to lower research and development investment in the etherExtractor series and lower selling, general and administrative expenses, but remained an operating loss of ¥27.630 million, compared with an operating loss of ¥37.004 million in the same period of the previous year.」
IP Network Solutions remained loss-making at the operating level, but the loss narrowed from the same period of the previous year due to lower research and development investment and selling, general and administrative expenses. - FY2021-Q3WorsenedAnnual report
「Segment operating results were an operating loss of ¥45.665 million, compared with operating income of ¥21.001 million in the same period of the previous year, as revenue declined and research and development expenses remained at a similar level year on year.」
IP Network Solutions turned from operating income of ¥21.001 million in the same period of the previous year to an operating loss of ¥45.665 million, and profitability deteriorated again. - FY2021-Q2WorsenedAnnual report
「Segment operating results were an operating loss of ¥120.059 million, compared with operating income of ¥23.175 million in the same period of the previous year, as revenue declined substantially year on year and research and development expenses for new products increased year on year.」
IP Network Solutions turned from operating income in the same period of the previous year to an operating loss of ¥120.059 million due to lower revenue and higher research and development expenses for new products. - FY2021-Q1WorsenedAnnual report
「Segment operating results were an operating loss of ¥37.004 million, compared with operating income of ¥39.563 million in the same period of the previous year, as revenue declined substantially year on year and research and development expenses for new products increased.」
IP Network Solutions turned from operating income in the same period of the previous year to an operating loss of ¥37.004 million due to lower revenue and higher research and development expenses for new products. - FY2020WorsenedAnnual report
「Segment operating results were an operating loss of ¥62.338 million, compared with an operating loss of ¥40.833 million in the previous fiscal year. Revenue increased year on year, but research and development expenses rose due to the development of a new etherExtractor model.」
The operating loss of IP Network Solutions widened from ¥40.833 million to ¥62.338 million due to higher research and development expenses for a new etherExtractor model. - FY2020-Q3MitigatedAnnual report
「Segment operating results were operating income of ¥21.001 million, compared with an operating loss of ¥28.328 million in the same period of the previous year, as revenue increased substantially year on year and selling, general and administrative expenses declined, despite an increase in research and development expenses.」
IP Network Solutions returned from an operating loss in the same period of the previous year to operating income of ¥21.001 million, further improving its performance in terms of declining profitability and impairment of fixed assets. - FY2020-Q2MitigatedAnnual report
「Segment operating results were operating income of ¥23.175 million, compared with an operating loss of ¥63.420 million in the same period of the previous year, as revenue increased substantially year on year and research and development expenses and selling, general and administrative expenses declined.」
IP Network Solutions returned from an operating loss in the same period of the previous year to operating income of ¥23.175 million, improving its performance in terms of declining profitability and impairment. - FY2020-Q1MitigatedAnnual report
「Segment operating results were operating income of ¥39.563 million, compared with an operating loss of ¥42.832 million in the same period of the previous year, as revenue increased substantially year on year and research and development expenses declined substantially.」
IP Network Solutions returned from an operating loss in the same period of the previous year to operating income of ¥39.563 million, reducing the performance-related risks associated with declining profitability and impairment. - FY2019MitigatedAnnual report
「Segment operating results were an operating loss of ¥40.833 million, compared with an operating loss of ¥330.661 million in the previous fiscal year, as revenue increased substantially year on year and research and development expenses declined substantially.」
IP Network Solutions continued to report an operating loss, but the loss narrowed substantially from ¥330.661 million in the previous fiscal year to ¥40.833 million. - FY2019-Q3MitigatedAnnual report
「Segment operating results were an operating loss of ¥28.328 million, compared with an operating loss of ¥273.022 million in the same period of the previous year, as revenue increased substantially year on year and research and development expenses declined substantially.」
IP Network Solutions remained loss-making at the operating level, but the operating loss narrowed substantially from ¥273.022 million to ¥28.328 million due to higher revenue and lower research and development expenses. - FY2019-Q2MitigatedAnnual report
「Segment operating results were an operating loss of ¥63.420 million, compared with an operating loss of ¥180.294 million in the same period of the previous year, as revenue increased substantially year on year and selling, general and administrative expenses declined.」
IP Network Solutions remained loss-making at the operating level, but the loss narrowed from ¥180.294 million in the same period of the previous year to ¥63.420 million. - FY2019-Q1MitigatedAnnual report
「Segment operating results were an operating loss of ¥42.832 million, compared with an operating loss of ¥89.766 million in the same period of the previous year, as revenue increased substantially year on year and selling, general and administrative expenses declined.」
IP Network Solutions remained loss-making at the operating level, but the loss narrowed from ¥89.766 million in the same period of the previous year to ¥42.832 million. - FY2018MaterialisedAnnual report
「In the IP Network Solutions segment, profitability has declined and future cash flows are expected to be negative. Accordingly, the recoverable amount was set at ¥0, and the full carrying amount of ¥51.324 million was recognized as an impairment loss under extraordinary losses.」
The decline in profitability of IP Network Solutions and the expectation of negative future cash flows materialized as a ¥51.324 million impairment loss on fixed assets.