Impairment Loss on Assets Related to the Sale of the Hiratsuka Factory Site
First written in FY2022-Q3. 2 of 4 entries say "Mitigated", first in FY2023-Q3. Latest entry: FY2023.
The whole theme swung hardest in 2025: 15 of 24 companies on the "Worse" side.
6 other companies' latest entry also says "Mitigated".
- FY2023MitigatedAnnual report
「There were no applicable matters during the consolidated fiscal year (from 1 April 2022 to 31 March 2023).」
No additional impairment loss was recorded during the fiscal year on assets related to the sale of the Hiratsuka Plant site. - FY2023-Q3MitigatedAnnual report
「There were no applicable matters during the cumulative consolidated third quarter (from 1 April 2022 to 31 December 2022).」
No additional impairment loss was recorded during the cumulative consolidated third quarter on assets related to the sale of the Hiratsuka Plant site. - FY2022RestatedAnnual report
「For assets related to the Hiratsuka Plant, the sale of the site resulted in changes in the scope or method of use that significantly reduced their recoverable amount, and impairment indicators were identified. Accordingly, the carrying amount of the asset group was reduced to its recoverable amount, and the resulting decrease of ¥529 million was recorded as an impairment loss.」
An impairment loss of ¥529 million on assets related to the sale of the Hiratsuka Plant site was recorded in the annual results. - FY2022-Q3MaterialisedAnnual report
「For assets related to the Hiratsuka Plant, the sale of the site resulted in changes in the scope or method of use that significantly reduced their recoverable amount, and impairment indicators were identified. Accordingly, the carrying amount of the asset group was reduced to its recoverable amount, and the resulting decrease of ¥527 million was recorded as an impairment loss.」
Changes in the scope and method of use associated with the sale of the Hiratsuka Plant site gave rise to impairment indicators, and an impairment loss of ¥527 million was recorded on buildings, machinery and equipment, and other assets.