Declining Profitability and Impairment Risk of Assets from Upfront Investment in New Businesses
First written in FY2022. 2 of 2 entries say "Materialised", first in FY2022. Latest entry: FY2026.
Minato Holdings moved to the "Worse" side of this theme in 2022, 2 years before the typical company in this theme (2024).
The whole theme swung hardest in 2026: 19 of 24 companies on the "Worse" side.
26 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「For construction in progress arranged as business-use assets by ミナト・アドバンスト・テクノロジーズ㈱, the Company reduced the carrying amount to the recoverable amount because the assets' future value in use had declined significantly, and recorded the reduction as an impairment loss under extraordinary losses.」
The future value in use of construction in progress related to new businesses declined significantly, and an impairment loss of ¥89.111 million was recorded. - FY2022MaterialisedAnnual report
「In the Other business segment, among the tangible fixed assets related to new businesses operated by ミナト・アドバンスト・テクノロジーズ株式会社, the undiscounted future cash flows for assets acquired as upfront investments fell below their carrying amounts due to lower profitability. Accordingly, the Company recognized an impairment loss to the amount deemed recoverable.」
Lower profitability of assets from upfront investment in new businesses materialized, and an impairment loss of ¥15.819 million was recorded.