Impairment Risk for Fixed Assets
First written in FY2020. 2 of 3 entries say "Restated". Latest entry: FY2023-Q2.
The whole theme swung hardest in 2020: 56 of 98 companies on the "Worse" side.
- FY2023-Q2RestatedAnnual report
「During the cumulative second 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 stated that there had been no material changes regarding the risk of impairment of fixed assets. - FY2023-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The company stated that there had been no material changes regarding the risk of impairment of fixed assets. - FY2020First statedAnnual report
「Our group owns fixed assets, including land, buildings, investment property and goodwill. Although any impairment processing required at present has been completed, if the fair value of these assets declines or their profitability deteriorates in the future, it may become necessary to recognize an impairment loss.」
The company separately disclosed the future risk of impairment of land, buildings, investment property and goodwill due to declines in fair value or profitability.