Impairment Losses on Asset Groups with Deteriorating Profitability
First written in FY2020. 5 of 5 entries say "Materialised", first in FY2020. Latest entry: FY2026.
The whole theme swung hardest in 2026: 66 of 128 companies on the "Worse" side.
- FY2026MaterialisedAnnual report
「Regarding business-use assets, after considering the recoverability of manufacturing equipment related to transactions with certain customers whose profitability is expected to decline amid slower BEV growth in the European market, the Company determined that recovering the carrying amount would be difficult and recognized an impairment loss.」
The Company recognized an impairment loss of ¥3.951 billion on manufacturing equipment in Poland due to declining profitability associated with slower BEV growth. - FY2021MaterialisedAnnual report
「The Company recognized ¥414 million in impairment losses on property, plant and equipment belonging to asset groups with deteriorating profitability as an extraordinary loss.」
The Company additionally recognized ¥414 million in impairment losses on assets in Malaysia and Tianjin, China, relating to asset groups with deteriorating profitability. - FY2020MaterialisedAnnual report
「The Company recognized ¥569 million in subsidy income related to capital investment as extraordinary income. However, as it recognized ¥700 million in impairment losses on asset groups with deteriorating profitability as an extraordinary loss, among other factors, net loss attributable to owners of the parent was ¥624 million, compared with net income attributable to owners of the parent of ¥302 million in the previous fiscal year.」
For asset groups with deteriorating profitability, the Company actually recognized consolidated impairment losses of ¥700 million, comprising ¥533 million for Nogata, Fukuoka Prefecture, and ¥167 million for Kaohsiung, Taiwan.