Impairment losses due to declining profitability at overseas and domestic sites
First written in FY2021. 7 of 11 entries say "Materialised", first in FY2021. Latest entry: FY2026.
Kasai Kogyo moved to the "Worse" side of this theme in 2021, 1 year after the typical company in this theme (2020).
The whole theme swung hardest in 2025: 43 of 77 companies on the "Worse" side.
60 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「An impairment loss of ¥605 million was recorded during the current consolidated fiscal year.」
Impairment losses totalling ¥605 million were recorded for the Tatebayashi Branch Office, Guangzhou Plant and Pintong Plant in Thailand due to decisions to close the sites and the loss of expected future use. - 2026-06-06MitigatedGeneral Meetings of Shareholders
「Impairment loss: ¥605 million」
The impairment loss for the current consolidated fiscal year was ¥605 million, down from ¥4,213 million recognized in FY2025. - FY2025MaterialisedAnnual report
「An impairment loss of ¥4,213 million was recorded during the current consolidated fiscal year.」
An impairment loss of ¥4.213 billion was recorded due to lower profitability and the loss of expected future use, including ¥3,140 million in North America, ¥756 million at the Kaifeng site in China and ¥313 million in Germany. - FY2025-H1MaterialisedAnnual report
「Kasai (Germany) GmbH, a consolidated subsidiary in the Europe segment, recorded an impairment loss of ¥159 million due to lower profitability of fixed assets.」
Kasai (Germany) GmbH in Europe recorded an impairment loss of ¥159 million due to lower profitability of fixed assets. - FY2024-Q3MitigatedAnnual report
「No material impairment loss relating to fixed assets was recognised during the nine-month period ended 31 December.」
No material impairment loss relating to fixed assets was recognised during the nine-month period ended 31 December. - FY2023MitigatedAnnual report
「Impairment losses totalling ¥394 million were recorded on construction in progress at 河西工業㈱, machinery and equipment and vehicles at Guangzhou Kasai Automotive Interior Trim Co., Ltd., and machinery and equipment, tools, fixtures and fittings at KASAI INDIA(CHENNAI) PRIVATE LIMITED.」
Impairment losses associated with lower profitability at sites and of fixed assets and other factors fell sharply, from ¥4.856 billion at the North American site in the previous fiscal year to ¥394 million in the current fiscal year. - FY2023-Q2MaterialisedAnnual report
「Impairment loss 22」
An impairment loss of ¥22 million on fixed assets was recorded for the cumulative FY2023-Q2 period, indicating that impairment resulting from lower profitability at sites and of fixed assets also occurred during the quarter. - FY2023-Q1MaterialisedAnnual report
「Impairment loss 21」
An impairment loss of ¥21 million on fixed assets was recorded in FY2023-Q1, indicating that impairment resulting from lower profitability at sites and of fixed assets also occurred during the quarter. - FY2022RestatedAnnual report
「For machinery and equipment at KASAI NORTH AMERICA,INC., the carrying amount was reduced to the recoverable amount because profitability had declined, and the resulting impairment loss was recorded as an extraordinary loss.」
The consolidated annual financial statements also confirm an impairment loss of ¥4,856 million due to lower profitability at the North American site. - FY2022-Q3MaterialisedAnnual report
「For machinery and equipment at KASAI NORTH AMERICA, INC., the carrying amount was reduced to the recoverable amount because profitability had declined, and the resulting impairment loss was recorded as an extraordinary loss.」
An impairment loss of ¥4.856 billion was recorded on machinery and equipment at a North American subsidiary due to lower profitability, indicating that the risk of declining profitability at overseas sites has additionally materialised. - FY2021MaterialisedAnnual report
「During the current consolidated fiscal year, impairment losses were recorded for the following asset groups. … Total 1,876」
Impairment losses totalling ¥1.876 billion were recorded for 河西工業ジャパン’s Tatebayashi Plant, KASAI SLOVAKIA, Kasai (Germany) and Guangzhou Kasai due to lower profitability or idling.