Risk of Fixed Asset Impairment Due to Changes in Business Plans and Market Conditions
First written in FY2021. 1 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 51 of 96 companies on the "Worse" side.
- FY2025MaterialisedAnnual report
「As the originally projected earnings from the above business assets could no longer be expected, their carrying amounts were reduced to their recoverable amounts, and the resulting decrease was recorded as an impairment loss under extraordinary losses.」
Regarding the risk of impairment of fixed assets arising from business plans and market changes, expected returns from assets used in the measurement instruments business in France were no longer anticipated, and an impairment loss of ¥378 million was recognized. - FY2023RestatedAnnual report
「If future cash flows or recoverable amounts decline because of deviations from future business plans or changes in market conditions or demand, an impairment loss may arise and have a material impact on profit or loss.」
The description of the risk of impairment of fixed assets has continued. Property, plant and equipment was disclosed at ¥112,992 million and intangible assets at ¥16,963 million. - FY2021First statedAnnual report
「If future cash flows or recoverable amounts decline because of deviations from future business plans or changes in market conditions or demand, an impairment loss may arise and have a material impact on profit or loss.」
First explicit disclosure of impairment risk for property, plant and equipment of ¥102,392 million and intangible assets of ¥11,615 million arising from changes in business plans, markets, or demand.