Risk of Impairment Losses from Capital Expenditure and Acquisitions Failing to Deliver Expected Results
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2019: 10 of 27 companies on the "Worse" side.
14 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Before making these capital investments, acquisitions and other investments, it reviews profitability, recoverability and other factors, but there is no guarantee that the expected results will necessarily be achieved.」
The company reconfirms the risks of failing to achieve the expected results of capital investments and acquisitions and of impairment losses on fixed assets, as well as its advance reviews of profitability and recoverability. - FY2024RestatedAnnual report
「Before making these capital investments, acquisitions and other investments, it reviews profitability, recoverability and other factors, but there is no guarantee that the expected results will necessarily be achieved.」
The company reconfirms the risks of failing to achieve the expected results of capital investments and acquisitions and of impairment losses on fixed assets, as well as its advance reviews of profitability and recoverability. - FY2021First statedAnnual report
「The Group makes capital investments primarily in its own factories and also conducts acquisitions and other transactions with third parties. Before making these capital investments, acquisitions and other investments, it reviews profitability, recoverability and other factors, but there is no guarantee that the expected results will necessarily be achieved.」
For capital investments and acquisitions, the risk of failing to achieve expected results due to deviations from business plans or market changes, resulting in impairment losses on property, plant and equipment and other assets, is disclosed as a standalone item for the first time.