Komori
Shizuki Electric Company (6994) · InitiativeRestated

Demolition of Subsidiary’s Former Factory Building and Impairment of Fixed Assets

First written in FY2017-Q1. 3 of 4 entries say "Restated". Latest entry: FY2017.

4entries
2years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q1 – FY20172016: 220162017: 22017
Same theme, other companies
Recognition of Fixed-Asset Demolition CostsA theme 17 companies write about · 17 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2026: 1 of 6 companies on the "Worse" side.

1 other company's latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 17 companies compared. The sentences above are computed from all 17.
Full recordFilings, disclosures and news, newest first
  1. FY2017RestatedAnnual report

    「As demolition work on idle assets was approved, their carrying values were written down to their memorandum values. The reduction, together with estimated demolition costs, was recognized as an impairment loss of ¥75.840 million under extraordinary losses.」

    The recognition of a ¥75.840 million impairment loss related to the decision to demolish the former factory building has been reconfirmed.
  2. FY2017-Q3RestatedAnnual report

    「Certain buildings owned by a subsidiary were approved for demolition during the first-quarter consolidated accounting period. Accordingly, their carrying values were written down to their recoverable amounts, and the resulting reduction and demolition costs were recognized as an impairment loss under extraordinary losses. As a result, an impairment loss of ¥75.840 million was recognized for Capacitor Modules.」

    The ¥75.840 million impairment loss associated with the resolution to demolish the former subsidiary factory building has also been confirmed in the third-quarter segment information.
  3. FY2017-Q2RestatedAnnual report

    「Recognition of a loss related to the planned demolition of a former factory building at a subsidiary during the year」

    The ¥75.840 million impairment loss associated with the demolition of the former subsidiary factory building has been reiterated as a factor behind the deterioration in earnings.
  4. FY2017-Q1First statedAnnual report

    「Recognition of a loss related to the planned demolition of a former factory building at a subsidiary during the year」

    A subsidiary plans to demolish its former factory building during the year. An impairment loss of ¥75.840 million has been recognized for the reduction in its carrying value and the demolition costs.
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When this could move next
Shizuki Electric Company's next results are scheduled for 2026-11-05. Read the earnings preview
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