Severe Business Environment at Overseas Base and Impairment Losses
First written in FY2016. 5 of 17 entries say "Mitigated", first in FY2017-Q3. Latest entry: FY2026.
Tokai Rika moved to the "Worse" side of this theme in 2022, 3 years after the typical company in this theme (2019).
The whole theme swung hardest in 2017: 9 of 14 companies on the "Worse" side.
6 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「During the fiscal year, the carrying amount of certain production equipment was reduced to its recoverable amount due to deteriorating business conditions and other factors, among other measures, and the resulting decrease of ¥3,219 million was recognized as an impairment loss in extraordinary losses.」
The impairment loss increased from ¥375 million in the previous fiscal year to ¥3,219 million, indicating heightened asset-value risk for production equipment and other assets due to deteriorating business conditions and other factors. - FY2026-H1MitigatedAnnual report
「Impairment loss 302 82」
The impairment loss decreased from ¥302 million in the prior-year period to ¥82 million, indicating that the impact of deteriorating business conditions and other factors on the value of production equipment and other assets had diminished. - FY2025-H1MaterialisedAnnual report
「Impairment loss - 302」
An impairment loss of ¥302 million, which was not recognized in the prior-year period, was recognized in the interim consolidated accounting period, indicating that asset-value risk due to deteriorating business conditions and other factors had materialized. - FY2024WorsenedAnnual report
「During the fiscal year, the carrying amount of certain production equipment was reduced to its recoverable amount due to deteriorating business conditions and other factors, and the resulting decrease of ¥2,688 million was recognized as an impairment loss in extraordinary losses.」
The impairment loss increased from ¥1,100 million in the previous fiscal year to ¥2,688 million, indicating heightened asset-value risk for overseas and domestic production equipment due to deteriorating business conditions and other factors. - FY2022MaterialisedAnnual report
「During the fiscal year, the carrying amount of certain production equipment was reduced to its recoverable amount due to deteriorating business conditions and other factors, and the resulting decrease of ¥1,700 million was recognized as an impairment loss in extraordinary losses.」
Following the ¥2,629 million recognized in Japan in the previous fiscal year, an impairment loss of ¥1,700 million was recognized on production equipment in Canada in the current fiscal year. - FY2020RestatedAnnual report
「Fiscal year (from 1 April 2019 to 31 March 2020) There were no applicable items.」
No impairment loss on production equipment was recognized in the fiscal year, unlike in the previous fiscal year. - FY2020-Q3MitigatedAnnual report
「Cumulative third quarter (from 1 April 2019 to 31 December 2019) There were no applicable items.」
The ¥3,738 million impairment loss recognized in the prior-year quarter was not recognized in the cumulative third quarter. - FY2020-Q1MaterialisedAnnual report
「Operating profit was ¥139 million, a decrease of ¥850 million (85.9%) from the prior-year quarter, mainly due to increased overhead costs in Mexico.」
Increased overhead costs in Mexico materialized as a decline in operating profit in the North America segment, with the burden of operating overseas facilities reflected in performance. - FY2019RestatedAnnual report
「During the fiscal year, the carrying amount of certain production equipment was reduced to its recoverable amount due to deteriorating market conditions and other factors, and the resulting decrease of ¥3,738 million was recognized as an impairment loss in extraordinary losses.」
The ¥3,738 million impairment loss on production equipment in Japan reported for the third quarter was also recognized for the full year. - FY2019-Q3MaterialisedAnnual report
「During the cumulative third quarter, the carrying amount of certain production equipment was reduced to its recoverable amount due to deteriorating market conditions and other factors, and the resulting decrease of ¥3,738 million was recognized as an impairment loss in extraordinary losses.」
Although no impairment loss was recognized in the cumulative third quarter of the previous fiscal year, an impairment loss of ¥3,738 million was recognized this period on production equipment in Japan due to deteriorating market conditions and other factors. - FY2018-Q3MitigatedAnnual report
「Impairment loss 93 － Cumulative third quarter (from 1 April 2017 to 31 December 2017) There were no applicable items.」
An impairment loss of ¥93 million recognized in the prior-year quarter was not recognized in the cumulative third quarter. - FY2017MitigatedAnnual report
「Impairment loss: ¥93 million」
Although challenging business conditions remained in some regions, the impairment loss decreased from ¥1,477 million in the previous fiscal year to ¥93 million. - FY2017-Q3MitigatedAnnual report
「Impairment loss 1,455 93 During the cumulative third quarter, business conditions were challenging in some regions. The carrying amount of production equipment was reduced to its recoverable amount, and the resulting decrease of ¥93 million was recognized as an impairment loss in extraordinary losses.」
Although challenging business conditions in some regions continued, the impairment loss decreased from ¥1,455 million in the prior-year quarter to ¥93 million. - FY2016First statedAnnual report
「In the fiscal year, business conditions remained challenging in some regions. The carrying amount of production equipment was reduced to its recoverable amount, and the resulting decrease of ¥1,477 million was recognized as an impairment loss in extraordinary losses.」
The Company recognized an impairment loss on production equipment in Brazil, indicating that deteriorating overseas business conditions affected asset values.