Future cash flows and impairment risk in the resin-related parts business
First written in FY2021. 5 of 7 entries say "Restated". Latest entry: FY2026.
Muro moved to the "Worse" side of this theme in 2026, 1 year after the typical company in this theme (2025).
The whole theme swung hardest in 2022: 3 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「睦諾汽車部件（湖北）有限公司, a consolidated subsidiary, has continued to report operating losses. Although the company has identified indications of impairment, primarily for property, plant and equipment and intangible assets related to its metal-parts manufacturing plant, no impairment loss has been recognized because the total undiscounted future cash flows expected from the asset group exceed its carrying amount.」
The Hubei base in China has continued to report operating losses, and indications of impairment were identified for property, plant and equipment and intangible assets this fiscal year, but no impairment loss has been recognized. - 2026-06-01WorsenedGeneral Meeting of Shareholders
「睦諾汽車部件（湖北）有限公司 has continued to record operating losses, and impairment indicators have been identified mainly for property, plant and equipment and intangible assets related to its manufacturing plant for metal-related parts.」
The company disclosed continued operating losses and impairment indicators at its Hubei operation in China, also indicating uncertainty regarding future cash flows. - FY2025-H1RestatedAnnual report
「No new business or other risks arose during the current interim consolidated accounting period. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company broadly states that there have been no new developments or significant changes regarding future cash flows and impairment risk in the resin-related parts business. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company broadly states that there have been no significant changes regarding future cash flows and impairment risk in the resin-related parts business. - FY2024-Q2RestatedAnnual report
「There have been no significant changes in the business and other risks described in the annual securities report for the previous fiscal year.」
The company broadly states that there have been no significant changes regarding future cash flows and impairment risk in the resin-related parts business. - FY2023-Q2RestatedAnnual report
「There have been no significant changes in the business and other risks described in the annual securities report for the previous fiscal year.」
The company broadly states that there have been no significant changes regarding future cash flows and impairment risk in the resin-related parts business. - FY2021First statedAnnual report
「In determining whether goodwill is impaired, the company is required to assess whether the value of the goodwill included in the acquisition price, which was determined based on the earnings plan at the time of the acquisition of the Igari Sangyo Group, has been impaired because the planned results are not expected to be achieved. If these assumptions need to be revised, an impairment loss may be recognized in the next consolidated fiscal year.」
For the resin-related parts business, the company has recorded ¥493 million in property, plant and equipment and ¥75 million in goodwill, and disclosed that an impairment loss may be recognized in the future depending on assumptions including sales volume, new orders, fixed-cost reductions, foreign exchange rates and resin raw-material prices.