Delay in the Business Plan for Binary Power Generation Equipment and Impairment of Manufacturing and Sales Rights
First written in FY2017. 1 of 2 entries say "Materialised", first in FY2017. Latest entry: 2026-06-03.
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- 2026-06-03AchievedGeneral Meetings of ShareholdersSuggests it is closing out
「On 31 March 2026, the Company transferred its business of manufacturing and selling Access Energy 125kW small binary power generation units to TOMOE ENGINEERING CO.,LTD.(TOMOE KOGYO CO.,LTD.).」
Regarding the previous issue of delays in the business plan for binary power generation units and impairment of manufacturing and sales rights, the Company disclosed that the transfer of the relevant business had been completed. - FY2017MaterialisedAnnual report
「With respect to the exclusive domestic manufacturing and sales rights and other rights for binary power generation equipment, achievement of the revenue initially projected has been delayed due to changes in the external environment and other factors. Following a review of the business plan prepared at the time of acquisition, it was determined that achieving the plan's targets would take time. Accordingly, the carrying amount was reduced to the recoverable amount, and the reduction was recorded as an impairment loss under extraordinary losses.」
An impairment loss of ¥750 million was recorded on the manufacturing and sales rights, meaning that the risk of delayed achievement of the plan's targets materialized as an actual loss.