Impairment Risk for Fixed Assets
First written in FY2016. 11 of 20 entries say "Restated". Latest entry: FY2026.
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- FY2026MaterialisedAnnual report
「As a result, the Group recognized an impairment loss of ¥797 million on its business-use tangible fixed assets.」
Following lower profitability in the industrial equipment business within the machinery components business due to deferred demand and a sharp rise in raw material prices, the Group recognized an impairment loss of ¥797 million on fixed assets. - FY2025Indicators of impairment were present, but none was recognized in the current fiscal yearAnnual report
「During the consolidated fiscal year, impairment indicators were identified for the industrial equipment business asset group within the machinery components business, which had a carrying amount of ¥583 million at the end of the fiscal year. However, because the total undiscounted future cash flows exceeded the carrying amount, no impairment loss was recognized.」
Impairment indicators were identified in the industrial equipment business, but future cash flows exceeded the carrying amount, so no impairment loss was recognized in the current fiscal year. It also states that recognition may be possible from the following fiscal year onward. - FY2024MaterialisedAnnual report
「Due mainly to the recognition of an impairment loss of ¥119 million on fixed assets associated with lower profitability in the medical and lighting equipment business and the industrial equipment and components business, the figure was ¥527 million, down 31.3% year on year.」
Following lower profitability in the medical and lighting equipment business and the industrial equipment business, the Group recognized an impairment loss of ¥119 million on fixed assets. - FY2022MaterialisedAnnual report
「Within the medical and lighting equipment business, demand for lighting fixture components made from tungsten wire products has been trending downward, making the originally projected earnings no longer achievable. As a result, the Group reduced the carrying amount of fixed assets in the medical and lighting equipment business to their recoverable amount and recognized the reduction as an impairment loss under extraordinary losses.」
Following the decline in demand for lighting fixture components, the Group recognized an impairment loss of ¥46 million on fixed assets. Impairment also occurred in another business following the large impairment loss recognized in the previous fiscal year. - FY2021MaterialisedAnnual report
「During the consolidated fiscal year, the Group recognized an impairment loss on part of the fixed assets of the machinery components businesses of the Company and its affiliates following a review of future business plans.」
It recognized an impairment loss of ¥894 million on fixed assets in the sanitary equipment and industrial equipment businesses and other operations. - FY2020-Q3RestatedAnnual report
「During the first nine months of the current consolidated fiscal year, there were no new business or other risks, and no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
No significant changes are reported in the impairment risk for property, plant and equipment. - FY2020-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no new business or other risks, and no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
No significant changes are reported in the impairment risk for property, plant and equipment. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no new business or other risks, and no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
No significant changes are reported in the impairment risk for property, plant and equipment. - FY2019-Q3RestatedAnnual report
「During the first nine months of the current consolidated fiscal year, there were no new business or other risks, and no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
No significant changes are reported in the impairment risk for property, plant and equipment. - FY2019-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no new business or other risks, and no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
No significant changes are reported in the impairment risk for property, plant and equipment. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no new business or other risks, and no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
No significant changes are reported in the impairment risk for property, plant and equipment. - FY2018MaterialisedAnnual report
「During the consolidated fiscal year, the Group decided to scale back production lines for an asset group whose operating cash flows had remained negative. As a result, it reduced the carrying amount of part of the asset group's assets to their recoverable amount and recognized the reduction of ¥69 million as an impairment loss under extraordinary losses.」
The Group decided to scale back production lines in the electrical components business and recognized an impairment loss of ¥69 million on machinery and equipment and other assets. - FY2018-Q3RestatedAnnual report
「During the first nine months of the current consolidated fiscal year, there were no new business or other risks, and no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
No significant changes are reported in the impairment risk for property, plant and equipment. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no new business or other risks, and no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
No significant changes are reported in the impairment risk for property, plant and equipment. - FY2017RestatedAnnual report
「If a significant change in the business environment or deterioration in earnings of the business to which the relevant fixed asset or asset group belongs creates a need to recognize an impairment loss on the Group's fixed assets, the Group's operating results could be affected.」
It reiterates the risk of impairment of fixed assets due to deterioration in the business environment or other factors. - FY2017-Q3RestatedAnnual report
「During the first nine months of the current consolidated fiscal year, there were no new business or other risks, and no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
No significant changes are reported in the impairment risk for property, plant and equipment. - FY2017-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no new business or other risks, and no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
No significant changes are reported in the impairment risk for property, plant and equipment. - FY2016First statedAnnual report
「If a significant change in the business environment, deterioration in earnings or other factors creates a need to recognize an impairment loss on fixed assets, the Group's operating results could be affected.」
It describes the possibility of impairment of fixed assets due to deterioration in the business environment or earnings. No impairment loss was recognized in the current fiscal year.