Yamaha (7951) · FactAdvanced
Impairment Loss on Chinese Piano Frame Manufacturing Equipment
First written in FY2024-Q3. 1 of 2 entries say "Advanced", first in FY2025-H1. Latest entry: FY2025-H1.
2entries
1years
0from disclosures
How it moved
Same theme, other companies
Impairment of fixed assets associated with factory restructuring and overseas manufacturing transfersA theme 11 companies write about · 12 as a headwind · 0 as a tailwind
The whole theme swung hardest in 2022: 5 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Advanced".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
- FY2025-H1AdvancedAnnual report
「During the current interim consolidated accounting period, the Company recognized an impairment loss of ¥7,804 million on piano manufacturing equipment and other assets in China and Indonesia in the Musical Instruments segment and recorded it under "Other expenses."」
The scope expanded from the previous ¥2,147 million impairment loss on piano manufacturing equipment in China. Impairment losses of ¥5,464 million in China and ¥2,340 million in Indonesia, for a total of ¥7,804 million, were recorded. - FY2024-Q3First statedAnnual report
「During the third quarter of the current consolidated fiscal year, the Company recognized an impairment loss of ¥2,147 million on piano manufacturing equipment in China in the Musical Instruments segment and recorded it under "Other expenses."」
An impairment loss of ¥2,147 million was recorded on piano manufacturing equipment in China. The piano frame manufacturing process, which had been conducted at two sites in Japan and China, was consolidated in Japan, with the loss of future prospects for using the Chinese equipment cited as the reason.