Delayed Mass Production and Investment Loss at JAPAN 3D DEVICES
First written in FY2016. 7 of 14 entries say "Worsened", first in FY2018. Latest entry: FY2022.
The whole theme swung hardest in 2024: 36 of 89 companies on the "Worse" side.
- FY2022RestatedAnnual report
「The carrying amount of goodwill was reduced to its recoverable amount, and the reduction was recorded as an impairment loss under special losses.」
All ¥233.001 million of goodwill arising when JAPAN 3D DEVICES became a subsidiary was recorded as an impairment loss. The monetization risk following the acquisition of the subsidiary, described through the previous quarter, was confirmed for the full fiscal year. - FY2022-Q2MaterialisedAnnual report
「A special loss (impairment loss) of ¥233 million was incurred because goodwill arising when the company became a consolidated subsidiary was reduced to its recoverable amount, calculated based on estimated future cash flows.」
All ¥233 million of goodwill arising when JAPAN 3D DEVICES became a consolidated subsidiary was recorded as an impairment loss. The risk relating to the transition to mass production and monetization of the investment in the associate materialized as an impairment loss when it became a subsidiary. - FY2022-Q1WorsenedAnnual report
「⑧ Revenue, operating profit, ordinary profit and net profit for each of the last 3 completed fiscal years Fiscal year-end Fiscal year ended March 2019 Fiscal year ended March 2020 Fiscal year ended March 2021 Revenue ¥501 million ¥130 million ¥37 million Operating profit or operating loss (△) △¥308 million △¥474 million △¥442 million Ordinary profit or ordinary loss (△) △¥239 million △¥384 million △¥383 million Net profit or net loss (△) △¥240 million △¥384 million △¥384 million」
JAPAN 3D DEVICES' revenue for the fiscal year ended March 2021 declined to ¥37 million, while an operating loss of ¥442 million, ordinary loss of ¥383 million and net loss of ¥384 million continued. The disclosure does not state that the risks relating to the transition to mass production and monetization have been resolved. - FY2020WorsenedAnnual report
「Revenue 130,063 Income before income taxes 384,200 loss Net loss 384,598」
JAPAN 3D DEVICES' net loss increased from ¥240.362 million in the previous fiscal year to ¥384.598 million, and risks relating to the transition to mass production and monetization are growing. - FY2019WorsenedAnnual report
「Revenue 501,594 Income before income taxes 239,964 loss Net loss 240,362」
JAPAN 3D DEVICES' net loss increased from ¥217.829 million in the previous fiscal year to ¥240.362 million, and an equity-method investment loss of ¥57.459 million was also recorded. - FY2019-Q3WorsenedAnnual report
「Equity-method investment loss 41,217」
The equity-method investment loss was ¥41.217 million, up from ¥32.974 million in the same period of the previous year. The disclosure states that losses associated with investments in associates increased. - FY2019-Q2WorsenedAnnual report
「Equity-method investment loss 20,463 26,678」
The equity-method investment loss increased from ¥20.463 million in the same period of the previous year to ¥26.678 million, and losses associated with investments in associates are growing. - FY2019-Q1WorsenedAnnual report
「Equity-method investment loss 13,596 15,150」
The equity-method investment loss increased from ¥13.596 million in the same period of the previous year to ¥15.150 million, and losses associated with investments in associates continue to occur. - FY2018WorsenedAnnual report
「Net loss 217,829」
JAPAN 3D DEVICES recorded a net loss of ¥217.829 million, up from ¥211.389 million in the previous fiscal year. It also incurred an equity-method investment loss of ¥42.098 million, indicating that risks relating to the associate's transition to mass production and monetization remain. - FY2018-Q3MaterialisedAnnual report
「Equity-method investment loss 41,595 32,974」
An equity-method investment loss of ¥32.974 million was recorded for the nine months ended in the third quarter. Although this was down from the same period of the previous year, losses associated with investments in associates continue to occur. - FY2018-Q2MaterialisedAnnual report
「Equity-method investment loss 20,463」
An equity-method investment loss of ¥20 million was recorded for the six months ended in the second quarter, and losses associated with investments in associates, including JAPAN 3D DEVICES, continue to occur. - FY2018-Q1MaterialisedAnnual report
「Equity-method investment loss 13,596」
An equity-method investment loss of ¥13 million was recorded in the first quarter, confirming that losses associated with investments in associates are occurring in actual results. - FY2017MaterialisedAnnual report
「JAPAN 3D DEVICES Co., Ltd. Revenue 480,905 Income before income taxes 209,238 loss Net loss 211,389」
While JAPAN 3D DEVICES became a material associate, it recorded a net loss of ¥211 million, and the Company also recorded a ¥51 million equity-method investment loss. - FY2016First statedAnnual report
「JAPAN 3D DEVICES Co., Ltd. has continued to produce prototypes for several automotive parts manufacturers, but has not reached mass production and has recorded a net loss for the fiscal year. As a result, it recorded a ¥107 million equity-method investment loss as a non-operating expense.」
While describing the start of mass-production shipments to 1 Tier 1 automotive parts supplier, it states that several projects did not reach mass production and that an investment loss of ¥107 million was recorded.