Impairment of fixed assets due to poor performance, etc. at consolidated subsidiaries
First written in FY2021-Q2. 5 of 7 entries say "Materialised", first in FY2021-Q3. Latest entry: FY2023.
Suzuden 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 2026: 3 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Materialised".
- FY2023MaterialisedAnnual report
「Impairment loss ¥5,307 thousand」
Regarding impairment of fixed assets related to poor performance or other factors affecting consolidated subsidiaries, ¥5,307 thousand was also recorded for the current consolidated fiscal year. - FY2023-Q3MaterialisedAnnual report
「Impairment loss 5,394」
Regarding the risk of impairment of fixed assets related to poor performance or other factors affecting consolidated subsidiaries, an impairment loss of ¥5,394 thousand was also recorded for the nine-month period of the current fiscal year. The main text does not identify details of the assets subject to the impairment or its cause. - FY2022MaterialisedAnnual report
「Consolidated fiscal year (from 1 April 2021 to 31 March 2022): Details omitted because they were considered immaterial.」
Regarding the risk of impairment of fixed assets due to poor performance or other factors affecting consolidated subsidiaries, an impairment loss of ¥10,474 thousand was also recorded in the current fiscal year. Details of the assets subject to the impairment were omitted because they were considered immaterial. - FY2022-Q3MaterialisedAnnual report
「Impairment loss 5,456」
An impairment loss of ¥5,456 thousand was also recorded for the nine-month period of the current third quarter of the consolidated fiscal year. However, details of the assets subject to the impairment and the cause were omitted because they were considered immaterial. - FY2021The impairment loss for the Shanghai subsidiary was finalized at ¥124,995 thousand.Annual report
「Because the future profitability of the operating assets of the consolidated subsidiary 斯咨電貿易 (上海)有限公司 declined due to changes in the market and the spread of COVID-19, among other factors, their carrying amount was reduced to the recoverable amount, specifically value in use. The reduction was recorded as an impairment loss under extraordinary losses.」
Regarding the impairment risk identified through the previous quarter, impairment losses totaling ¥124,995 thousand were recorded for the Shanghai subsidiary's right-of-use assets, equipment and fixtures, and software for the full fiscal year. - FY2021-Q3MaterialisedAnnual report
「Because the future profitability of the operating assets of the consolidated subsidiary 斯咨電貿易 (上海)有限公司 declined due to changes in the market and the spread of COVID-19, among other factors, their carrying amount was reduced to the recoverable amount, specifically value in use. The reduction was recorded as an impairment loss under extraordinary losses.」
Regarding the risk of impairment of fixed assets due to poor performance or other factors affecting a consolidated subsidiary, an impairment loss of ¥124,842 thousand was actually recorded for operating assets of the Shanghai subsidiary. quantified: true; materialized: true. - FY2021-Q2First statedAnnual report
「If impairment of fixed assets becomes necessary due to poor performance or other factors affecting a consolidated subsidiary of the Group, this could affect the Group's financial position and operating results.」
The Company has described, as a new risk item, the possibility that poor performance or other factors affecting a consolidated subsidiary could require impairment of fixed assets, and the resulting impact on financial position and operating results.