Impairment of molds and other assets due to declining profitability of the Portabook portable computer
First written in FY2017-Q2. 7 of 8 entries say "Restated". Latest entry: FY2021-Q1.
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- FY2021-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company states that there has been no material change in the existing risk related to impairment of molds and other assets due to the decline in Portabook’s profitability. - FY2020-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company states that there has been no material change in the existing risk related to impairment of molds and other assets due to the decline in Portabook’s profitability. - FY2019-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company states that there has been no material change in the existing risk related to impairment of molds and other assets due to the decline in Portabook’s profitability. - FY2019-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company states that there has been no material change in the existing risk related to impairment of molds and other assets due to the decline in Portabook’s profitability. - FY2018-Q3RestatedAnnual report
「In the stationery and office supplies business, the recoverable amount of molds and other assets related to Portabook, whose profitability had declined and whose investment was no longer expected to be recovered, was estimated at zero, and an impairment loss was recognized. The impairment loss recognized for the consolidated cumulative period of the third quarter was ¥48.288 million.」
The company restates the recognition of a ¥48.288 million impairment loss associated with the decline in Portabook’s profitability in the segment information. - FY2017RestatedAnnual report
「For other tangible fixed assets, the recoverable amount of molds and other assets related to products whose profitability had declined and whose investment was no longer expected to be recovered was estimated at zero, and an impairment loss was recognized as an extraordinary loss.」
The company also states for the full fiscal year that it recognized an impairment loss of ¥48.288 million on product molds and other assets due to declining profitability. - FY2017-Q3RestatedAnnual report
「In the stationery and office supplies business, the recoverable amount of molds and other assets related to Portabook, whose profitability had declined and whose investment was no longer expected to be recovered, was estimated at zero, and an impairment loss was recognized. The impairment loss recognized for the consolidated cumulative period of the third quarter was ¥48.288 million.」
The company restates the recognition of a ¥48.288 million impairment loss associated with the decline in Portabook’s profitability. - FY2017-Q2MaterialisedAnnual report
「In the stationery and office supplies business, the recoverable amount of molds and other assets related to Portabook, whose profitability had declined and whose investment was no longer expected to be recovered, was estimated at zero, and an impairment loss was recognized. The impairment loss recognized for the consolidated cumulative period of the second quarter was ¥48.288 million.」
Due to the decline in Portabook’s profitability, recovery of the investment was no longer expected, and an impairment loss of ¥48.288 million was recognized on molds and other assets.