Impairment of Idle Assets in the Device Segment
First written in FY2020-Q2. 9 of 16 entries say "Mitigated", first in FY2022-Q1. Latest entry: FY2026-H1.
Nissha moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2019: 6 of 13 companies on the "Worse" side.
5 other companies' latest entry also says "Mitigated".
- FY2026-H1MitigatedAnnual report
「Idle asset-related expenses ¥222 million ¥207 million」
Idle asset-related expenses decreased from ¥222 million in the same period of the previous year to ¥207 million, reducing the burden associated with low-utilization and idle equipment. - FY2025MitigatedAnnual report
「Other expenses, mainly idle asset-related expenses, totaled ¥1,293 million in the previous consolidated fiscal year, compared with ¥1,515 million in the current consolidated fiscal year, mainly comprising impairment losses and other expenses.」
Idle asset-related expenses for low-utilization sites in the Device segment and elsewhere decreased from ¥464 million in the previous fiscal year to ¥381 million in the current fiscal year. Meanwhile, a ¥699 million impairment loss on corporate assets and other assets was newly recorded. - FY2025-H1MitigatedAnnual report
「Idle asset-related expenses ¥249 million ¥222 million」
Idle asset-related expenses associated with idling the low-utilization domestic production site decreased from ¥249 million in the same period of the previous year to ¥222 million, reducing the burden. However, the Company continued to record these expenses. - FY2024WorsenedAnnual report
「Loss on closure of business sites ¥82 million; idle asset-related expenses ¥464 million」
The Device business recorded an ¥82 million loss on the closure of a domestic business site and ¥464 million in idle asset-related expenses associated with idling the low-utilization site, increasing the burden related to idle assets from the previous fiscal year. - FY2024-H1WorsenedAnnual report
「Loss on closure of business sites ¥83 million. These expenses relate to the closure of a business site at a domestic consolidated subsidiary in the "Device" segment. Idle asset-related expenses ¥249 million. These expenses relate to depreciation and other costs for equipment associated with idling a domestic production site in the "Device" segment that had a low operating rate.」
The Device segment recorded a ¥83 million loss on the closure of a domestic business site, while idle asset-related expenses associated with idling the low-utilization site totaled ¥249 million. This was up from ¥220 million in the same period of the previous year. - FY2024-Q1WorsenedAnnual report
「Loss on closure of business sites ¥56 million These expenses relate to the closure of a business site at a domestic consolidated subsidiary in the "Device" segment. Idle asset-related expenses ¥151 million These expenses relate to depreciation and other costs for equipment associated with idling a domestic production site in the "Device" segment that had a low operating rate.」
The Device segment recorded a ¥56 million loss on the closure of a domestic business site, while idle asset-related expenses associated with idling the low-utilization site totaled ¥151 million. - FY2023-Q3MitigatedAnnual report
「Idle asset-related expenses ¥317 million ¥295 million These expenses relate to depreciation and other costs for equipment associated with idling a domestic production site in the "Device" segment that had a low operating rate.」
Idle asset-related expenses associated with idling the low-utilization domestic Device production site decreased from ¥317 million in the same period of the previous year to ¥295 million. - FY2023-Q2MitigatedAnnual report
「Idle asset-related expenses (Note 2) ¥232 million ¥220 million These expenses relate to depreciation and other costs for equipment associated with idling a domestic production site in the "Device" segment that had a low operating rate.」
Idle asset-related expenses associated with idling the low-utilization domestic Device production site decreased from ¥232 million in the same period of the previous year to ¥220 million. - FY2023-Q1RestatedAnnual report
「Idle asset-related expenses (Note 2) ¥143 million These expenses relate to depreciation and other costs for equipment associated with idling a domestic production site in the "Device" segment that had a low operating rate.」
Idle asset-related expenses associated with idling the low-utilization domestic Device production site totaled ¥143 million, unchanged from the same period of the previous year. - FY2022MitigatedAnnual report
「These expenses relate to depreciation and other costs for equipment associated with idling a domestic production site in the "Device" segment that had a low operating rate.」
Idle asset-related expenses decreased from ¥709 million in the previous fiscal year to ¥402 million in the current fiscal year, reducing the burden associated with idling low-utilization sites. - FY2022-Q3MitigatedAnnual report
「Idle asset-related expenses ¥317 million These expenses relate to depreciation and other costs for equipment associated with idling a domestic production site in the "Device" segment that had a low operating rate.」
Idle asset-related expenses associated with idling the low-utilization domestic Device production site totaled ¥317 million, down from ¥624 million in the same period of the previous year. - FY2022-Q2MitigatedAnnual report
「Idle asset-related expenses ¥232 million These expenses relate to depreciation and other costs for equipment associated with idling a domestic production site in the "Device" segment that had a low operating rate.」
Idle asset-related expenses associated with idling the low-utilization domestic Device production site totaled ¥232 million, down from ¥350 million in the same period of the previous year. - FY2022-Q1MitigatedAnnual report
「Idle asset-related expenses (Note 2) ¥143 million These expenses relate to depreciation and other costs for equipment associated with idling a domestic production site in the "Device" segment that had a low operating rate.」
Idle asset-related expenses associated with idling the low-utilization domestic Device production site totaled ¥143 million, down from ¥205 million in the same period of the previous year. - FY2021-Q3WorsenedAnnual report
「These amounts comprise ¥493 million in depreciation and other costs for equipment associated with idling a domestic production site in the "Device" segment that had a low operating rate, and ¥131 million in contract cancellation damages.」
Idle asset-related expenses associated with idling the low-utilization domestic Device production site totaled ¥624 million, comprising ¥493 million in depreciation and other costs and ¥131 million in contract cancellation damages, up from ¥350 million in the previous disclosure. - FY2021-Q2MaterialisedAnnual report
「Idle asset-related expenses ¥350 million First half of the current consolidated fiscal year (from 1 January 2021 to 30 June 2021) These expenses relate to depreciation and other costs for equipment associated with idling a domestic production site in the "Device" segment that had a low operating rate.」
The Company recorded ¥350 million in idle asset-related expenses, mainly depreciation and other costs associated with idling a domestic Device production site with a low operating rate. - FY2020-Q2MaterialisedAnnual report
「For idle assets in the "Device" segment that are no longer expected to be used, the carrying amount was reduced to the recoverable amount, and an impairment loss of ¥612 million was recorded.」
An impairment loss of ¥612 million was recorded on idle assets in the Device segment that are no longer expected to be used.