Risk of impairment of fixed assets due to deterioration in the business environment
First written in FY2021. 5 of 8 entries say "Materialised", first in FY2022. Latest entry: 2026-11-10.
Musashi Seimitsu Industry moved to the "Worse" side of this theme in 2022, 3 years before the typical company in this theme (2025).
The whole theme swung hardest in 2022: 3 of 6 companies on the "Worse" side.
4 other companies' latest entry also says "Materialised".
- 2026-11-10MaterialisedResults
「当中間連結会計期間において、生産計画変更決定に伴い上記事業用資産を回収可能価額まで減額し、当該減少額を減損損失として計上しております。」
生産計画変更に伴い、日本の事業用資産について871百万円の減損損失を計上している。 - FY2027-H1MaterialisedAnnual report
「During the current interim consolidated accounting period, our group recorded impairment losses on the following assets.」
Due to changes in production plans, we recorded total impairment losses of ¥871 million on operating assets in Japan, indicating that the risk of impairment of fixed assets has materialized. - 2026-08-05MaterialisedResults
「当第１四半期連結累計期間において、生産計画変更決定に伴い上記遊休資産を回収可能価額まで減額し、当該減少額を減損損失として計上しております。」
日本の事業用資産について、機械装置等合計871百万円の減損損失が、生産計画変更に伴って実際に計上されている。 - FY2026MitigatedAnnual report
「During the consolidated fiscal year, impairment indicators were identified for fixed assets at Musashi Seimitsu Automotive (Zhongshan) Co., Ltd. as operating income declined due to lower orders from customers amid changes in the Chinese automotive market. However, no impairment loss was recognized because the recoverable amount, calculated based on value in use, exceeded the carrying amount.」
Although impairment indicators were identified at the Chinese operations, the recoverable amount exceeded the carrying amount, and no impairment loss was recognized in the current fiscal year. - FY2025MaterialisedAnnual report
「During the consolidated fiscal year, the Group recognized an impairment loss on the following asset: China: operating assets, machinery and transportation equipment, ¥717 million.」
With respect to the risk of impairment of fixed assets, an impairment loss of ¥717 million was incurred on operating assets in China, and those assets had been sold by January 2025. - FY2024WorsenedAnnual report
「During the consolidated fiscal year, the Group recognized impairment losses on the following assets: Hungary: idle assets, machinery and transportation equipment, ¥504 million; Spain: idle assets, machinery and transportation equipment, ¥143 million.」
With respect to the risk of impairment of fixed assets, new impairment losses totaling ¥647 million were incurred on idle assets in Hungary and Spain. - FY2022MaterialisedAnnual report
「During the consolidated fiscal year, the company recognized an impairment loss of ¥108 million.」
With respect to the risk of impairment of fixed assets due to deterioration in the business environment, an impairment loss of ¥108 million was actually recognized during the current fiscal year. - FY2021First statedAnnual report
「If the profitability of fixed assets held by the Group declines due to a significant deterioration in the business environment or other factors and an impairment loss is incurred, this may affect the Group's financial condition and results of operations.」
The possibility of declining profitability of fixed assets and the resulting impairment loss is disclosed separately as a business risk. No impairment loss on fixed assets was recognized in the current fiscal year.