Risk of Impairment and Losses on the Sale of Fixed Assets
First written in FY2017. 10 of 21 entries say "Materialised", first in FY2018-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2020: 51 of 96 companies on the "Worse" side.
- FY2026MaterialisedAnnual report
「The aluminum nitride heat-dissipation substrates produced using the heat-dissipation substrate production equipment received volume-production approval for light-emitting devices, including laser diodes and LEDs. For other applications, however, delays in customers' volume-production approval caused sales to fall below expectations. Accordingly, the carrying value of the heat-dissipation substrate production equipment was reduced to its recoverable amount, and the reduction was recognized as an impairment loss under extraordinary losses.」
Delays in customers' volume-production approval for other applications and shortfalls in sales occurred for the heat-dissipation substrate production equipment, resulting in recognition of an impairment loss of ¥31.821 million. - FY2026-H1MitigatedAnnual report
「Loss on retirement of property, plant and equipment 1,089 0」
The loss on retirement of property, plant and equipment decreased from ¥1.089 million in the previous year's interim consolidated period to 0 in the current interim consolidated period, and no losses related to property, plant and equipment were recognized for the period. - FY2025-H1MitigatedAnnual report
「Loss on retirement of property, plant and equipment 1,089」
The loss on retirement of property, plant and equipment in the interim consolidated period was ¥1.089 million, up from ¥24 thousand in the same period of the previous year. In contrast, no impairment loss on frit production equipment recognized in the previous period was recognized in the interim consolidated period. Losses related to property, plant and equipment remain, but no impairment loss was identified. - FY2024MaterialisedAnnual report
「Impairment loss 10,644」
No impairment loss was recognized in the previous period, but an impairment loss of ¥10.644 million was recognized on frit production equipment in the current period. - FY2023MitigatedAnnual report
「Fiscal year ended 31 March 2023 No applicable matters.」
While an impairment loss of ¥237.946 million was recognized in the previous period, no impairment loss was recognized in the current fiscal year. - FY2022WorsenedAnnual report
「Impairment loss ¥237.946 million」
The impairment loss for the current period was ¥237.946 million, up from ¥130.961 million in the previous period. Impairment losses were incurred on ¥233.001 million of goodwill and other assets of JAPAN 3D DEVICES. - FY2021-Q3WorsenedAnnual report
「In light of the sluggish orders for reflector mirrors and fly-eye lenses resulting from the contraction of the projector market, a review of the future recoverability of property, plant and equipment resulted in a reduction in carrying value to the recoverable amount, with the reduction of ¥130 million recognized as an impairment loss under extraordinary losses.」
In response to the contraction of the projector market and sluggish orders, an impairment loss of ¥130 million was recognized on property, plant and equipment. The risk of impairment losses on property, plant and equipment has materialized at a significant amount. - FY2021-Q2WorsenedAnnual report
「Loss on retirement of property, plant and equipment 1,535 2,679 Loss on disposal of property, plant and equipment - 392」
The loss on retirement of property, plant and equipment increased from ¥1.535 million in the same period of the previous year to ¥2.679 million, and a ¥392 thousand loss on disposal of property, plant and equipment was also recognized. Losses related to property, plant and equipment continued to be incurred and increased year on year. - FY2021-Q1MaterialisedAnnual report
「Loss on retirement of property, plant and equipment - 2,416 Loss on disposal of property, plant and equipment - 392 Impairment loss - -」
Losses on retirement of property, plant and equipment of ¥2.416 million and losses on disposal of property, plant and equipment of ¥392 thousand were recognized in the first quarter. No impairment loss was recognized, but losses related to property, plant and equipment were incurred. - FY2020WorsenedAnnual report
「Impairment loss 54,860」
An impairment loss of ¥54.860 million was recognized on frit production equipment, increasing from the ¥9.295 million impairment loss recorded in the previous fiscal year. - FY2020-Q3MitigatedAnnual report
「Loss on retirement of property, plant and equipment 42,659 1,872 Impairment loss 9,295 -」
The loss on retirement of property, plant and equipment in the cumulative third-quarter period decreased from ¥42.659 million in the same period of the previous year to ¥1.872 million, and no impairment loss was recognized. Losses related to property, plant and equipment decreased from the same period of the previous year. - FY2020-Q2MitigatedAnnual report
「Loss on retirement of property, plant and equipment 40,808 1,535 Impairment loss 9,295 -」
The loss on retirement of property, plant and equipment decreased from ¥40.808 million in the same period of the previous year to ¥1.535 million, and no impairment loss was recognized. Losses related to property, plant and equipment remained, but decreased from the same period of the previous year. - FY2019MaterialisedAnnual report
「Loss on retirement of property, plant and equipment 42,659 Impairment loss 9,295」
Losses on retirement of property, plant and equipment of ¥42.659 million and impairment losses of ¥9.295 million were recognized during the current period, indicating that losses related to property, plant and equipment were actually incurred. - FY2019-Q3MaterialisedAnnual report
「Loss on retirement of property, plant and equipment 42,659 Loss on disposal of property, plant and equipment - Impairment loss 9,295」
Losses on retirement of property, plant and equipment of ¥42.659 million and impairment losses of ¥9.295 million were recognized in the cumulative third-quarter period, indicating that losses related to property, plant and equipment continued to be incurred. - FY2019-Q2MaterialisedAnnual report
「Extraordinary losses Loss on retirement of property, plant and equipment 1,603 40,808 Loss on disposal of property, plant and equipment 2,192 - Impairment loss - 9,295 Total extraordinary losses 3,795 50,104」
Losses on retirement of property, plant and equipment of ¥40.808 million and impairment losses of ¥9.295 million were recognized in the cumulative second-quarter period, indicating that losses related to property, plant and equipment were actually incurred. - FY2019-Q1MaterialisedAnnual report
「Loss on retirement of property, plant and equipment 37 33,508」
A ¥33.508 million loss on retirement of property, plant and equipment was recognized during the quarter due to the suspension of production at a melting furnace, indicating that a loss was actually incurred in connection with the retirement of property, plant and equipment. - FY2018RestatedAnnual report
「If the profitability of businesses currently being pursued by the Group deteriorates for any reason, or if business assets are sold, it may be necessary to recognize impairment losses on property, plant and equipment or losses on disposal, which could affect the Group's operating performance.」
Reiterates the risk of impairment losses on or losses on disposal of property, plant and equipment associated with holding substantial property, plant and equipment. No impairment loss was recognized during the current period. - FY2018-Q1MaterialisedAnnual report
「Loss on disposal of property, plant and equipment - 2,192」
A ¥2 million loss on disposal of property, plant and equipment was recognized in the first quarter, indicating that a loss was actually incurred in connection with the disposal of property, plant and equipment. - FY2017First statedAnnual report
「If the profitability of businesses currently being pursued by the Group deteriorates for any reason, or if business assets are sold, it may be necessary to recognize impairment losses on property, plant and equipment or losses on disposal, which could affect the Group's operating performance.」
Newly identifies the risk of impairment losses on property, plant and equipment. During the current period, an impairment loss of ¥10.530 million was recognized on automotive glass production equipment for which no further production is scheduled.