Impairment Risk for Fixed Assets and Impairment of Idle Assets in China
First written in FY2021. 6 of 9 entries say "Restated". Latest entry: FY2026.
Asti moved to the "Worse" side of this theme in 2026, the same year as the typical company in this theme.
The whole theme swung hardest in 2026: 5 of 11 companies on the "Worse" side.
2 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「During the consolidated fiscal year, our group recognized an impairment loss included in business restructuring losses.」
In connection with the restructuring of the China business, an impairment loss of ¥188.375 million on automotive electrical component manufacturing equipment and other assets was recognized as part of business restructuring losses. - 2026-05-14MaterialisedRevision of earnings forecasts
「This resulted from recognizing business restructuring losses arising mainly from personnel reduction costs and impairment losses on certain fixed assets associated with the discontinuation of the wire harness business and the restructuring of the China business, including the automotive electrical equipment business.」
Impairment losses on certain fixed assets associated with the restructuring of the China business were actually recorded as part of the business restructuring loss. - FY2024-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The treatment of impairment risk for fixed assets remains unchanged, with no new developments or material changes. - FY2024-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The treatment of impairment risk for fixed assets remains unchanged, with no new developments or material changes. - FY2024-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The treatment of impairment risk for fixed assets remains unchanged, with no new developments or material changes. - FY2023-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The treatment of impairment risk for fixed assets remains unchanged, with no new developments or material changes. - FY2022-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The treatment of impairment risk for fixed assets remains unchanged, with no new developments or material changes. - FY2022-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The treatment of impairment risk for fixed assets remains unchanged, with no new developments or material changes. - FY2021MaterialisedAnnual report
「During the consolidated fiscal year, the carrying amount of an asset group among the idle assets not used in the business, whose fair value had declined significantly, was reduced to its recoverable amount. The reduction of ¥2.591 million was recognized as an impairment loss under extraordinary losses.」
The company discloses impairment risk arising from deteriorating profitability and declines in the fair value of fixed assets, and an impairment loss of ¥2.591 million has actually been incurred on idle assets in Zhejiang Province, China.