Risks Related to Changes in Accounting Standards, Deferred Tax Assets, and Retirement Benefits
First written in FY2016. 13 of 26 entries say "Worsened", first in FY2018. Latest entry: FY2026.
The Kiyo Bank moved to the "Worse" side of this theme in 2018, 3 years before the typical company in this theme (2021).
The whole theme swung hardest in 2020: 4 of 21 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Impairment losses during the current consolidated fiscal year amounted to ¥551 million.」
Impairment losses on property, plant and equipment and other assets increased from ¥157 million in the previous year to ¥551 million. - 2026-05-14WorsenedEarnings
「Impairment losses 157 551」
Impairment losses increased from ¥157 million in the previous fiscal year to ¥551 million. - FY2026-H1WorsenedAnnual report
「Impairment losses during the current interim consolidated accounting period amounted to ¥316 million.」
Impairment losses on property, plant and equipment and other assets increased from ¥52 million in the same period of the previous year to ¥316 million. - FY2025WorsenedAnnual report
「Impairment losses during the current consolidated fiscal year amounted to ¥157 million.」
Impairment losses on property, plant and equipment and other assets increased from ¥66 million in the previous year to ¥157 million. - FY2025-H1WorsenedAnnual report
「Impairment loss ¥3 million ¥52 million」
Impairment losses on property, plant and equipment increased from ¥3 million in the same period of the previous year to ¥52 million. - FY2024-Q3MitigatedAnnual report
「Impairment loss ¥7 million ¥4 million」
Impairment losses on property, plant and equipment decreased from ¥7 million in the same period of the previous year to ¥4 million. - FY2024-Q2WorsenedAnnual report
「Impairment loss ¥2 million ¥3 million」
Impairment losses on property, plant and equipment increased from ¥2 million in the same period of the previous year to ¥3 million. - FY2024-Q1MitigatedAnnual report
「The amount of impairment loss recognized during the cumulative first quarter of the current consolidated fiscal year was ¥0 million.」
Impairment losses on property, plant and equipment during the cumulative first quarter of the current fiscal year were ¥0 million, and the impact of the impairment of property, plant and equipment recognized in the previous fiscal year was not recognized in the current quarter. - FY2023WorsenedAnnual report
「Fiscal year ended 31 March 2023 (from 1 April 2022 to 31 March 2023) Wakayama Prefecture 5 operating stores Land, buildings, movable property 111 Wakayama Prefecture 8 idle asset locations Land 6 Osaka Prefecture 1 operating store Buildings, movable property 0 Total — — 118」
Impairment losses on property, plant and equipment increased from ¥6 million in the previous fiscal year to ¥118 million. - FY2023-Q2MitigatedAnnual report
「No impairment losses were recognized during the interim consolidated accounting period.」
No impairment losses were recognized on securities during the current interim consolidated accounting period, and the securities impairment risk that arose in the previous fiscal year did not materialize during the period. - FY2022MitigatedAnnual report
「Fiscal year ended 31 March 2022 (from 1 April 2021 to 31 March 2022) Wakayama Prefecture 2 operating stores Buildings, movable property 2 Wakayama Prefecture 3 idle asset locations Land, movable property 2 Osaka Prefecture 1 idle asset location Land 1 Total — — 6」
Impairment losses on property, plant and equipment decreased from ¥125 million in the previous fiscal year to ¥6 million, reducing the amount recognized. - FY2022-Q2MitigatedAnnual report
「Impairment loss ¥105 million ¥3 million」
Impairment losses on property, plant and equipment decreased from ¥105 million in the same period of the previous year to ¥3 million, reducing the amount recognized. - FY2022-Q1MitigatedAnnual report
「(Material impairment losses on property, plant and equipment) Not applicable.」
Impairment losses on property, plant and equipment, which amounted to ¥80 million in the same period of the previous year, were not recognized in the current quarter. - FY2021MitigatedAnnual report
「Impairment loss ¥1,513 million ¥125 million」
Impairment losses on property, plant and equipment decreased from ¥1,513 million in the previous fiscal year to ¥125 million. Impairment risk has materialized, but the amount recognized decreased. - FY2021-Q3WorsenedAnnual report
「Impairment losses ¥90 million ¥125 million」
Impairment losses on property, plant and equipment increased from ¥90 million in the same period of the previous year to ¥125 million, expanding the amount recognized during the cumulative third quarter. - FY2021-Q2WorsenedAnnual report
「Impairment losses ¥87 million ¥105 million」
Impairment losses on fixed assets increased from ¥87 million in the same period of the previous year to ¥105 million, expanding the amount recognized during the interim period. - FY2020-Q3WorsenedAnnual report
「Impairment losses 76 90」
Impairment losses on fixed assets increased from ¥76 million in the same period of the previous year to ¥90 million, expanding the amount recognized during the nine months ended the third quarter. - FY2020-Q2WorsenedAnnual report
「Impairment losses ¥48 million ¥87 million」
Impairment losses on fixed assets increased from ¥48 million in the same period of the previous year to ¥87 million, expanding the amount recognized during the interim period. - FY2019MitigatedAnnual report
「Fiscal year ended March 2019 (1 April 2018 to 31 March 2019) Wakayama Prefecture 3 operating branches Land, buildings and movable assets 54 Wakayama Prefecture 1 idle asset Land 2 Osaka Prefecture 7 operating branches Buildings and movable assets 27 Osaka Prefecture 1 shared asset Land and buildings 75 Total — — 159」
Impairment losses on fixed assets totaled ¥159 million, down from ¥421 million in the previous fiscal year. The risk materialized, but the amount decreased. - FY2019-Q3WorsenedAnnual report
「The impairment loss recognized during the cumulative third quarter of the current consolidated fiscal year was ¥76 million.」
Impairment losses on fixed assets totaled ¥76 million for the nine months ended the third quarter, up from the cumulative ¥48 million reported through the previous interim period. - FY2019-Q2MaterialisedAnnual report
「Interim consolidated fiscal period (1 April 2018 to 30 September 2018) Wakayama Prefecture 2 operating branches Land, buildings and movable assets 46 Wakayama Prefecture 1 idle asset Land 1 Total — — 48」
For impairment of fixed assets, an impairment loss of ¥48 million was recognized during the interim consolidated fiscal period for operating branches and other assets in Wakayama Prefecture. - FY2018WorsenedAnnual report
「Fiscal year ended March 2018 (1 April 2017 to 31 March 2018) Wakayama Prefecture 14 operating branches Land, buildings and movable assets 304 Wakayama Prefecture 2 idle assets Land and movable assets 18 Osaka Prefecture 4 operating branches Land, buildings and movable assets 96 Osaka Prefecture 1 idle asset Land 1 Total — — 421」
Impairment losses on fixed assets increased from ¥214 million in the previous fiscal year to ¥421 million, expanding the scale of impairment risk that materialized. - FY2018-Q3MaterialisedAnnual report
「In the Banking segment, for certain properties, the carrying amount was reduced to the recoverable amount because the total undiscounted future cash flows were less than the carrying amount, and the reduction was recognized as an impairment loss under extraordinary losses. The amount of the impairment loss recognized during the nine months ended the third quarter was ¥7 million.」
Regarding impairment of fixed assets, which had previously been described as a risk, an actual impairment loss of ¥7 million was recognized for certain properties. - FY2017-Q3RestatedAnnual report
「Following the revision of the Corporation Tax Act, we applied the Practical Solution on Change in Depreciation Method in Connection with the 2016 Tax Reform (Practical Issues Task Force No. 32, 17 June 2016) from the first quarter of the fiscal year and changed the depreciation method for building fixtures and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method.」
The change in depreciation method continued to be applied in the current quarter, and its impact on ordinary income and quarterly net income before income taxes and other adjustments was considered immaterial. - FY2017-Q1Application of Changes in Accounting PoliciesAnnual report
「Following the revision of the Corporation Tax Act, we applied the Practical Response Report No. 32, “Practical Treatment of Changes in Depreciation Methods Related to the 2016 Tax Reform,” in the first quarter of the current consolidated fiscal year and changed the depreciation method for building fixtures and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method.」
The Bank applied a change in depreciation method and stated that its impact on ordinary income and quarterly net income before income taxes and other adjustments was immaterial. - FY2016First statedAnnual report
「The introduction of new accounting standards or changes to accounting standards could adversely affect the Bank's performance.」
The recoverability of deferred tax assets, retirement benefit obligations and impairment accounting for fixed assets are also described as individual risks.