Recognition of Impairment Losses
First written in FY2021-Q2. 1 of 8 entries say "Mitigated", first in FY2024. Latest entry: FY2026.
The whole theme swung hardest in 2026: 5 of 11 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2026Small impairment loss recognized following the dissolution of a Chinese subsidiaryAnnual report
「Following the dissolution of 普莱斯冲圧部件（蘇州）有限公司, the carrying amount was reduced to its recoverable amount, and the decrease was recognized as an impairment loss under extraordinary losses.」
The impairment loss for the current fiscal year decreased to ¥2 million from ¥145 million in the previous fiscal year, but an impairment loss was recognized in connection with the dissolution of 普莱斯冲圧部件（蘇州）有限公司 in China. - FY2025The impairment loss shifted to assets related to the rebuilding of the Kawasaki Plant, and the amount decreasedAnnual report
「During the current consolidated fiscal year, demolition work was scheduled in connection with the rebuilding of the headquarters and office building at the Kawasaki Plant. The carrying amounts of assets scheduled for disposal were reduced to their recoverable amounts, and an impairment loss of ¥145 million was recognized under extraordinary losses.」
The impairment loss decreased from ¥225 million in the previous fiscal year to ¥145 million. In the current fiscal year, the primary assets subject to impairment were assets scheduled for disposal in connection with the rebuilding of the headquarters and office building at the Kawasaki Plant, rather than sites in China or the United States. - FY2025-H1WorsenedAnnual report
「Impairment loss - 144」
An impairment loss of ¥144 million, which had not been recognized in the same period of the previous year, was recognized during the current interim consolidated accounting period. - FY2024Impairment loss decreased from ¥1,849 million to ¥225 million, but was recognized in the United States and ChinaAnnual report
「During the current consolidated fiscal year, the carrying amounts of business-use assets were reduced to their recoverable amounts, and the decrease was recognized as an impairment loss of ¥225 million under extraordinary losses.」
The impairment loss decreased from ¥1,849 million in the previous year, mainly at Chinese sites, to ¥225 million. Meanwhile, impairment losses were recognized at the Mississippi Plant in the United States and at 2 sites in China. - FY2024-Q3No material impairment loss during the cumulative third quarterAnnual report
「(Material impairment losses on property, plant and equipment) Not applicable.」
It was stated that no material impairment loss was recognized during the cumulative third quarter of the current fiscal year, compared with the ¥1,981 million impairment loss recognized in the construction machinery-related business in the same period of the previous year. - FY2023Full-year impairment loss of ¥1,849 million recognized at Chinese sitesAnnual report
「As a result, during the current consolidated fiscal year, the carrying amounts of business-use assets were reduced to their recoverable amounts, and the decrease was recognized as an impairment loss of ¥1,849 million under extraordinary losses.」
Against a backdrop of lower profitability resulting from changes in the Chinese market and operating environment and continuing operating losses, an impairment loss of ¥1,849 million was recognized for the business-use assets of 2 construction machinery-related sites in China for the full year. - FY2023-Q3Large impairment loss recognized at a consolidated subsidiary in ChinaAnnual report
「In addition, in connection with sluggish demand for construction machinery resulting from the downturn in the Chinese economy, we recognized an impairment loss of ¥1,981 million on buildings, equipment and other assets of a consolidated subsidiary in China.」
An impairment loss of ¥1,981 million was recognized on buildings, equipment and other assets of a consolidated subsidiary in China, due to the downturn in the Chinese economy and sluggish demand for construction machinery. - FY2021-Q2First statedAnnual report
「Impairment loss - 73」
During the cumulative second quarter of the current consolidated fiscal year, an impairment loss of ¥73 million was recognized as an extraordinary loss.