Impairment indicators for welfare business assets and estimates of future cash flows
First written in FY2021. 2 of 4 entries say "Restated". Latest entry: FY2026.
Weds moved to the "Worse" side of this theme in 2026, 6 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 39 of 67 companies on the "Worse" side.
16 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「During the current consolidated fiscal year, the company identified impairment indicators for assets used in the welfare business due to declining profitability and other factors, but did not recognize an impairment loss because the net selling value exceeded the carrying amount.」
The situation changed from “no impairment indicators” to one in which impairment indicators caused by declining profitability and other factors were identified for assets used in the welfare business. However, because the net selling value exceeded the carrying amount, no impairment loss was recognized for the current fiscal year. - FY2025RestatedAnnual report
「For the total carrying amount of ¥653.226 million for the asset group belonging to the welfare business, the company determined that there were no impairment indicators as of the end of the current consolidated fiscal year.」
For the ¥653.226 million in welfare business assets, the company determined that there were no impairment indicators at the end of the fiscal year, based on future cash flows and other factors. - FY2023RestatedAnnual report
「For the total carrying amount of ¥657.033 million for the asset group belonging to the welfare business, the company determined that there were no impairment indicators as of the end of the current consolidated fiscal year.」
For the ¥657.033 million in welfare business assets, the company determined that there were no impairment indicators at the end of the fiscal year, based on future revenue, repair plans, expected asset use and other factors. - FY2021First statedAnnual report
「For the total carrying amount of ¥669.257 million for the asset group belonging to the welfare business, whose performance was judged to remain unstable because profit or loss from operating activities had remained negative in the past, the company determined that there were no impairment indicators as of the end of the current consolidated fiscal year.」
For the ¥669.257 million asset group in the welfare business, the company assessed the presence or absence of impairment indicators based on past operating losses and future cash flows, and determined that there were no indicators at the end of the fiscal year. It also describes the potential impact on the financial statements if assumptions concerning future operating revenue, repair plans, expected asset use, discount rates and other factors change.