Investment Risks Relating to Power Generation Facilities, Logistics Facilities and Other Assets
First written in FY2017. 3 of 5 entries say "Materialised", first in FY2021. Latest entry: FY2024.
The whole theme swung hardest in 2020: 51 of 96 companies on the "Worse" side.
- FY2024MaterialisedAnnual report
「The main impairment losses for the current consolidated fiscal year related to property, plant and equipment in the Car Life Business and Power and Utilities Business, and arose because carrying amounts were written down to recoverable amounts due to declining profitability resulting from changes in the operating environment and other factors.」
Impairment losses due to declining profitability of property, plant and equipment continued to occur in the Car Life Business and Power and Utilities Business, with impairment losses amounting to ¥1,598 million. - FY2023WorsenedAnnual report
「The main impairment losses for the current consolidated fiscal year related to property, plant and equipment in the Car Life Business and Power and Utilities Business, and arose because carrying amounts were written down to recoverable amounts due to declining profitability resulting from changes in the operating environment and other factors.」
Impairment losses due to declining profitability of property, plant and equipment continued to occur in the Car Life Business and Power and Utilities Business, increasing from ¥764 million in the previous fiscal year to ¥1,137 million. - FY2022MaterialisedAnnual report
「The main impairment losses for the current consolidated fiscal year related to property, plant and equipment in the Home Life Business, Car Life Business, and Power and Utilities Business, and arose because carrying amounts were written down to recoverable amounts due to declining profitability resulting from changes in the operating environment and other factors.」
Impairment losses due to declining profitability of property, plant and equipment actually occurred in the Home Life, Car Life, and Power and Utilities Businesses, with total impairment losses amounting to ¥764 million. - FY2021MaterialisedAnnual report
「The main impairment losses for the current consolidated fiscal year related to property, plant and equipment in the Power and Utilities Business and the Industrial Business. For property, plant and equipment in the Power and Utilities Business, the losses arose because carrying amounts were written down to recoverable amounts due to declining profitability resulting from changes in the operating environment and other factors. For property, plant and equipment in the Industrial Business, the losses arose because the carrying amounts of assets no longer expected to be used were written down to recoverable amounts.」
Impairment losses on property, plant and equipment actually occurred due to declining profitability and the loss of expected future use, with total impairment losses for the fiscal year amounting to ¥1,046 million. - FY2017First statedAnnual report
「Changes in various conditions, including unforeseen changes in the external environment, could cause asset values to decline, require additional capital contributions, or result in unplanned repair costs for power generation facilities and other assets. Such factors could cause all or part of an investment to become a loss and affect the Group's operating results and business activities.」
The Company identifies declines in asset values, additional capital contributions, and unplanned repair costs as risks associated with investments in power generation facilities, logistics facilities and other assets.