Inventory and Fixed Asset Valuation Losses and Impairment
First written in FY2016. 15 of 36 entries say "Worsened", first in FY2018-Q1. Latest entry: FY2027-H1.
Nihon Dempa Kogyo moved to the "Worse" side of this theme in 2017.
1 other company's latest entry also says "Worsened".
- FY2027-H1WorsenedAnnual report
「Inventory valuation losses recognized as expenses (Note) 1 1,024 1,058 Inventory valuation loss reversals recognized as expenses (Notes) 1, 2 △1,385 △947」
Inventory valuation losses for the first half increased from ¥1,024 million in the same period of the previous year to ¥1,058 million, while reversals declined from ¥1,385 million to ¥947 million. - FY2026MitigatedAnnual report
「Inventory valuation losses recognized as expenses (Note) 1 1,387 1,012 Inventory valuation loss reversals recognized as expenses (Notes) 1, 2 △1,343 △1,230」
Inventory valuation losses declined from ¥1,387 million in the previous fiscal year to ¥1,012 million, reducing the impact of valuation loss risk year on year. Meanwhile, the inventory balance increased to ¥12,443 million. - FY2026-H1MitigatedAnnual report
「Inventory valuation losses recognized as expenses (Note) 1 1,352 1,024 Inventory valuation loss reversals recognized as expenses (Notes) 1, 2 △1,342 △1,385」
Inventory valuation losses declined from ¥1,352 million in the same period of the previous year to ¥1,024 million, while reversals amounted to ¥1,385 million. The impact of asset valuation risk associated with demand fluctuations declined year on year. - FY2025WorsenedAnnual report
「Inventory valuation losses recognized as expenses (Note) 1 1,331 1,387」
Inventory valuation losses increased from ¥1,331 million in the previous fiscal year to ¥1,387 million. Meanwhile, the inventory balance declined to ¥10,480 million. - FY2025-H1WorsenedAnnual report
「Inventory valuation losses recognized as expenses (Note) 1 1,227 1,352」
Inventory valuation losses increased from ¥1,227 million in the same period of the previous year to ¥1,352 million, and the impact of asset valuation risk increased during the interim period. - FY2024Increase in inventory valuation losses and impairment of fixed assetsAnnual report
「Inventory valuation losses recognized as expenses (Note) 1 1,243 1,331」
Inventory valuation losses increased from ¥1,243 million in the previous fiscal year to ¥1,331 million. In addition, impairment losses of ¥102 million were recorded on fixed assets scheduled for disposal or sale, up from ¥18 million in the previous fiscal year. - FY2024-Q3MitigatedAnnual report
「Inventory valuation losses recognized as expenses (Note) 1 1,491 1,307」
Cumulative inventory valuation losses for the first 3 quarters declined from ¥1,491 million in the same period of the previous year to ¥1,307 million, reducing the impact of asset valuation risk year on year. - FY2024-Q2MitigatedAnnual report
「Inventory valuation losses recognized as expenses (Note) 1 1,359 1,227 Inventory valuation loss reversals recognized as expenses (Notes) 1, 2 △1,326 △1,249」
Cumulative inventory valuation losses for the first half declined from ¥1,359 million in the same period of the previous year to ¥1,227 million. The inventory balance also declined by ¥1,277 million from the end of the previous fiscal year. - FY2024-Q1WorsenedAnnual report
「Inventory valuation losses recognized as expenses (Note) 1 1,325 1,387」
Inventory valuation losses increased from ¥1,325 million in the same period of the previous year to ¥1,387 million. - FY2023MitigatedAnnual report
「In the current consolidated fiscal year, impairment losses were recorded on suspended equipment at 古川エヌ・デー・ケー㈱ and the Sayama facility, for which no future use is expected.」
Inventory valuation losses were ¥1,243 million, while impairment losses on fixed assets were ¥18 million, both down from ¥1,303 million and ¥246 million, respectively, in the previous fiscal year. - FY2023-Q3MitigatedAnnual report
「Inventory valuation losses recognized as expenses 1,736 1,491」
Cumulative inventory valuation losses for the first 3 quarters declined from ¥1,736 million in the same period of the previous year to ¥1,491 million, while impairment losses also declined from ¥242 million to ¥16 million. - FY2023-Q2MitigatedAnnual report
「Inventory valuation losses recognized as expenses 1,800 1,359」
Cumulative inventory valuation losses for the first half declined from ¥1,800 million in the same period of the previous year to ¥1,359 million, reducing the impact of asset valuation risk associated with demand fluctuations. - FY2023-Q1MitigatedAnnual report
「Inventory valuation losses recognized as expenses 1,325」
Inventory valuation losses for the first quarter were ¥1,325 million, down from ¥1,825 million in the same period of the previous year. The impact of asset valuation risk associated with demand fluctuations has diminished. - FY2022Coexistence of declining valuation losses and impairment of assets related to discontinued or suspended operationsAnnual report
「In the current consolidated fiscal year, impairment losses were recorded on building demolition costs and other expenses at 新潟エヌ・デー・ケー㈱, which increased due to changes in estimates, and on suspended equipment at 蘇州日電波電子工業有限公司.」
Inventory valuation losses declined to ¥1,303 million, while impairment losses of ¥246 million on fixed assets were recorded for suspended equipment at 新潟NDK and 蘇州. - FY2022-Q3Decline in ordinary valuation losses and valuation losses from flooding caused by torrential rainAnnual report
「In addition, valuation losses of ¥404 million on inventories were recorded as a result of the flooding of the Malaysia plant caused by torrential rain on 18 December 2021.」
Cumulative inventory valuation losses declined from ¥2,341 million in the same period of the previous year to ¥1,736 million, while new valuation losses of ¥404 million arose from flooding at the Malaysia plant caused by torrential rain. - FY2022-Q2MitigatedAnnual report
「Inventory valuation losses recognized as expenses 2,188 1,800」
Cumulative inventory valuation losses for the first half declined from ¥2,188 million in the same period of the previous year to ¥1,800 million. - FY2022-Q1WorsenedAnnual report
「Inventory valuation losses recognized as expenses 1,777 1,825」
Inventory valuation losses for the first quarter were ¥1,825 million, up from ¥1,777 million in the same period of the previous year. - FY2021-Q3WorsenedAnnual report
「Inventory valuation losses recognized as expenses 1,543 2,341」
Cumulative inventory valuation losses for the first 3 quarters increased from ¥1,543 million in the same period of the previous year to ¥2,341 million, and the impact of asset valuation risk increased again. - FY2021-Q2WorsenedAnnual report
「Inventory valuation losses recognized as expenses 2,188 Inventory valuation loss reversals recognized as expenses △1,677」
Cumulative inventory valuation losses for the first half increased from ¥1,509 million in the same period of the previous year to ¥2,188 million, and the impact of asset valuation risk increased again. - FY2021-Q1MitigatedAnnual report
「Inventory valuation losses recognized as expenses 1,830 1,777」
Inventory valuation losses declined from ¥1,830 million in the same period of the previous year to ¥1,777 million. - FY2020-Q3Decline in inventory valuation losses and continued impairment of fixed assetsAnnual report
「Inventory valuation losses recognized as expenses 1,543」
Cumulative inventory valuation losses for the first 3 quarters declined from ¥3,124 million in the same period of the previous year to ¥1,543 million. Meanwhile, ¥1,884 million in impairment losses on fixed assets of 函館エヌ・デー・ケー due to the outlook for declining sales to the mobile communications market has already been recorded. - FY2020-Q2MaterialisedAnnual report
「Given the outlook for declining sales to the highly challenging mobile communications market, impairment losses on the shared assets of 函館エヌ・デー・ケー㈱, which mainly produces for the mobile communications market, were recorded under other operating expenses.」
Impairment losses of ¥1,884 million were recorded on land, buildings and other assets of 函館エヌ・デー・ケー due to the outlook for declining sales to the mobile communications market. Inventory valuation losses declined from ¥3,216 million in the same period of the previous year to ¥1,509 million. - FY2020-Q1MitigatedAnnual report
「Inventory valuation losses recognized as expenses 3,307 1,830」
Inventory valuation losses for the first quarter were ¥1,830 million, down from ¥3,307 million in the same period of the previous year. Reversals amounted to ¥1,917 million. - FY2019MitigatedAnnual report
「Amount of inventory valuation losses recognized as an expense 1,919 Amount of reversals of inventory valuation losses recognized as an expense △3,289」
The inventory valuation loss decreased from ¥3,291 million in the previous fiscal year to ¥1,919 million, while the reversal was ¥3,289 million. Impairment losses on fixed assets also decreased from ¥6,515 million in the previous fiscal year to ¥396 million. - FY2019-Q3WorsenedAnnual report
「Amount of inventory valuation losses recognized as an expense 3,124」
The inventory valuation loss for the cumulative third quarter was ¥3,124 million, up from ¥2,263 million in the same period of the previous year. The impact of asset valuation risk associated with fluctuations in demand and other factors continues to materialize in the results. - FY2019-Q2WorsenedAnnual report
「Amount of inventory valuation losses recognized as an expense 3,216 Amount of reversals of inventory valuation losses recognized as an expense △3,290」
The inventory valuation loss for the first half was ¥3,216 million, up from ¥2,145 million in the same period of the previous year. The impact of asset valuation risk associated with fluctuations in demand and other factors continues to materialize in the results. - FY2019-Q1WorsenedAnnual report
「Amount of inventory valuation losses recognized as an expense 3,307」
The inventory valuation loss for the first quarter was ¥3,307 million, up from ¥2,077 million in the same period of the previous year. - FY2018WorsenedAnnual report
「As a result, the company recognized impairment losses of ¥6.5 billion, mainly on production equipment for TCXO (temperature-compensated crystal oscillators), crystal resonators with built-in temperature sensors and SAW (surface acoustic wave) devices used in smartphones, and ultimately recorded a net loss of more than ¥10 billion.」
The inventory valuation loss was ¥3,291 million and impairment losses on fixed assets and other assets were ¥6,515 million, indicating that inventory and fixed-asset valuation risks associated with fluctuations in demand had materialized substantially in the results. - FY2018-Q3WorsenedAnnual report
「Amount of inventory valuation losses recognized as an expense 2,263 Amount of reversals of inventory valuation losses recognized as an expense △1,908」
The inventory valuation loss for the cumulative third quarter was ¥2,263 million, up from ¥1,893 million in the same period of the previous year. The reversal was also ¥1,908 million. - FY2018-Q2WorsenedAnnual report
「Amount of inventory valuation losses recognized as an expense 2,145 Amount of reversals of inventory valuation losses recognized as an expense △1,905」
The inventory valuation loss for the first half was ¥2,145 million and the reversal was ¥1,905 million, both up from the same period of the previous year, when the inventory valuation loss was ¥1,806 million and the reversal was ¥1,789 million. The impact of asset valuation risk associated with fluctuations in demand and other factors continues to materialize in the results. - FY2018-Q1WorsenedAnnual report
「Amount of inventory valuation losses recognized as an expense 2,077 Amount of reversals of inventory valuation losses recognized as an expense △1,903」
The company recognized an inventory valuation loss of ¥2,077 million and a reversal of ¥1,903 million, both up from the previous year's inventory valuation loss of ¥1,913 million and reversal of ¥1,801 million. - FY2017RestatedAnnual report
「Amount of inventory valuation losses recognized as an expense 1,900 Amount of reversals of inventory valuation losses recognized as an expense △1,790」
Recognition and reversal of inventory valuation losses continued for the full fiscal year, with an inventory valuation loss of ¥1,900 million and a reversal of ¥1,790 million recognized. - FY2017-Q3RestatedAnnual report
「Amount of inventory valuation losses recognized as an expense 1,893 Amount of reversals of inventory valuation losses recognized as an expense △1,789」
Recognition and reversal of inventory valuation losses continued during the cumulative third quarter of the consolidated fiscal year. - FY2017-Q2RestatedAnnual report
「Amount of inventory valuation losses recognized as an expense 1,806 Amount of reversals of inventory valuation losses recognized as an expense △1,789」
Recognition and reversal of inventory valuation losses continued during the first half. - FY2017-Q1RestatedAnnual report
「Amount of inventory valuation losses recognized as an expense 1,913 Amount of reversals of inventory valuation losses recognized as an expense △1,801」
Recognition and reversal of inventory valuation losses continued during the quarter. - FY2016First statedAnnual report
「Inventory valuation losses may arise from excess inventory caused by sudden changes in demand, discrepancies in sales forecasts and other factors, or from substantial declines in selling prices.」
The company recognized an inventory valuation loss of ¥1,846 million and impairment losses on fixed assets of ¥20 million, quantifying the asset valuation risk during the period.