Risk of impairment indicators arising for fixed assets
First written in FY2020. 6 of 9 entries say "Restated". Latest entry: FY2026.
Saftec moved to the "Worse" side of this theme in 2023, 1 year before the typical company in this theme (2024).
The whole theme swung hardest in 2024: 16 of 42 companies on the "Worse" side.
29 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「If a review of the sales plan becomes necessary due to future changes in the business environment or business performance, impairment indicators may arise and impairment may need to be recognized.」
The company continues to identify the possibility of impairment of fixed assets due to changes in the sales plan, business environment or business performance as a risk. No impairment loss was recognized in the current fiscal year. - FY2025RestatedAnnual report
「If a review of the sales plan becomes necessary due to future changes in the business environment or business performance, impairment indicators may arise and impairment may need to be recognized.」
Even after recognizing an impairment loss in the previous fiscal year, the company continues to identify the possibility of impairment due to changes in the sales plan or business environment as a risk. No impairment loss was recognized in the current fiscal year. - FY2024MaterialisedAnnual report
「For operating locations where profit or loss from operating activities has remained negative, the company reduced the carrying amount of the asset group that it determined was unlikely to recover the full carrying amount of its fixed assets to the recoverable amount, and recognized the reduction of ¥21.069 million as an impairment loss under extraordinary losses.」
With respect to the risk of impairment of fixed assets, the company recognized an actual impairment loss of ¥21.069 million on the land of the Shizuoka Sales Office. - FY2023MaterialisedAnnual report
「For operating locations where profit or loss from operating activities has remained negative, the company reduced the carrying amount of the asset group that it determined was unlikely to recover the full carrying amount of its fixed assets to the recoverable amount, and recognized the reduction of ¥16.984 million as an impairment loss under extraordinary losses.」
The risk previously disclosed as the possibility of impairment materialized, with an impairment loss of ¥16.984 million recognized for the Ofunato Sales Office. - FY2022RestatedAnnual report
「The company has no fixed assets requiring impairment at present. However, if a review of the sales plan becomes necessary due to future changes in the business environment or business performance, impairment indicators may arise and impairment may need to be recognized.」
While stating that impairment is not currently required, the company continues to disclose the risk of impairment due to changes in the business environment, business performance or sales plan. - FY2021RestatedAnnual report
「The company has no fixed assets requiring impairment at present. However, if a review of the sales plan becomes necessary due to future changes in the business environment or business performance, impairment indicators may arise and impairment may need to be recognized.」
While stating that impairment is not currently required, the company continues to disclose the risk of impairment due to changes in the business environment, business performance or sales plan. - FY2021-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to the risk of impairment indicators arising for fixed assets. - FY2021-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to the risk of impairment indicators arising for fixed assets. - FY2020First statedAnnual report
「The company has no fixed assets requiring impairment at present. However, if impairment indicators arise due to future changes in the business environment, business performance or other factors, impairment may need to be recognized.」
While stating that impairment is not currently required, the company first disclosed the possibility of recognizing impairment due to future changes in the business environment or business performance as a separate risk.