Fixed Asset Impairment Arising from Lower Operating Profit and Declining Land Prices
First written in FY2017-Q3. 11 of 25 entries say "Materialised", first in FY2017-Q3. Latest entry: FY2026.
The Kita-Nippon Bank moved to the "Worse" side of this theme in 2017, 9 years before the typical company in this theme (2026).
0 other companies' latest entry also says "Other".
- FY2026Reduction in impairment lossesAnnual report
「Due to lower cash flow resulting from a decline in operating income and continued land price declines, among other factors, the carrying amounts of the following asset groups were reduced to their recoverable amounts, and the resulting decrease of ¥44 million was recorded as an impairment loss under extraordinary losses.」
Impairment losses decreased from ¥97 million in the previous fiscal year to ¥44 million, but impairment continued to be recognized for 2 operating locations and 3 idle assets. - 2026-05-13MitigatedEarnings
「Impairment losses were ¥44 million, down from ¥97 million in the previous fiscal year.」
Impairment losses declined from the previous fiscal year but were still recorded in the current fiscal year. - FY2026-H1Reduction in impairment lossesAnnual report
「Due to lower cash flow resulting from a decline in operating profit and continued declines in land prices, among other factors, the carrying amounts of the following asset groups were reduced to their recoverable amounts, and the ¥28 million reduction was recognized as an impairment loss under extraordinary losses.」
Impairment losses due to lower cash flow resulting from lower operating profit and falling land prices amounted to ¥28 million, down from ¥38 million in the same period of the previous year. However, impairment losses continued to arise at 1 operating branch and 3 idle assets. - FY2025Reduction in impairment lossesAnnual report
「Due to lower cash flow resulting from a decline in operating profit and continued declines in land prices, among other factors, the carrying amounts of the following asset groups were reduced to their recoverable amounts, and the ¥97 million reduction was recognized as an impairment loss under extraordinary losses.」
Impairment losses of ¥97 million were recognized at 1 operating branch and 3 idle assets. This was down from ¥169 million in the previous fiscal year, but impairment losses continued to arise. - FY2025-H1Reduction in impairment lossesAnnual report
「Due to lower cash flow resulting from a decline in operating profit and continued declines in land prices, among other factors, the carrying amounts of the following asset groups were reduced to their recoverable amounts, and the ¥38 million reduction was recognized as an impairment loss under extraordinary losses.」
Impairment losses due to lower cash flow resulting from lower operating profit and falling land prices amounted to ¥38 million. This was down from ¥150 million in the same period of the previous year, but continued to be recognized. - FY2024MaterialisedAnnual report
「The ¥169 million reduction was recognized as an impairment loss under extraordinary losses.」
The banking business recognized total impairment losses of ¥169 million at 1 operating branch in Iwate Prefecture and 3 operating branches outside the prefecture, due to lower cash flow resulting from lower operating profit and falling land prices. - FY2024-Q2MaterialisedAnnual report
「Due to lower cash flow resulting from a decline in operating profit and continued declines in land prices, among other factors, the carrying amounts of the following asset groups were reduced to their recoverable amounts, and the ¥150 million reduction was recognized as an impairment loss under extraordinary losses.」
The banking business recognized ¥150 million in impairment losses at 1 operating branch in Iwate Prefecture due to lower cash flow resulting from lower operating profit and continued declines in land prices. - FY2024-Q1No material impairment loss recognizedAnnual report
「(Material impairment losses on property, plant and equipment) Not applicable.」
No material impairment loss relating to fixed assets was recognized during the cumulative first quarter of the current fiscal year. - FY2023-Q3No impairment loss recognized in the current quarterAnnual report
「(Material impairment losses on property, plant and equipment) Not applicable.」
Although an impairment loss of ¥7 million was recognized in the same period of the previous year, no material impairment loss was recognized during the cumulative third quarter of the current fiscal year. - FY2023-Q1No impairment loss recognized in the current quarterAnnual report
「(Material impairment losses on property, plant and equipment) Not applicable.」
Although an impairment loss of ¥7 million was recognized in the same period of the previous year, no material impairment loss was recognized during the cumulative first quarter of the current fiscal year. - FY2022Further reduction in impairment lossesAnnual report
「Due to lower cash flow resulting from a decline in operating profit and continued declines in land prices, among other factors, the carrying amounts of the following asset groups were reduced to their recoverable amounts, and the ¥13 million reduction was recognized as an impairment loss under extraordinary losses.」
Impairment losses due to lower operating profit and falling land prices decreased significantly from ¥203 million in the previous fiscal year to ¥13 million, but were recognized at 2 operating branches. - FY2022-Q3Significant reduction in impairment lossesAnnual report
「In the banking segment, impairment losses are recognized on assets for which recovery of the invested amounts is no longer expected, due to lower cash flow resulting from a decline in operating profit and declines in land prices, among other factors. The impairment loss recognized during the cumulative third quarter of the current fiscal year was ¥7 million.」
Impairment losses due to lower cash flow resulting from lower operating profit and falling land prices decreased significantly from ¥203 million in the same period of the previous year to ¥7 million, but continued to be recognized. - FY2022-Q1MaterialisedAnnual report
「In the banking segment, impairment losses are recognized on assets for which recovery of the invested amounts is no longer expected, due to lower cash flow resulting from a decline in operating profit and declines in land prices, among other factors. The impairment loss recognized during the cumulative first quarter of the current fiscal year was ¥7 million.」
The banking business recognized ¥7 million in impairment losses during the first quarter due to lower cash flow resulting from lower operating profit and continued declines in land prices. - FY2021-Q3Reduction in impairment lossesAnnual report
「In the banking segment, impairment losses are recognized on assets for which recovery of the invested amounts is no longer expected, due to lower cash flow resulting from a decline in operating profit and declines in land prices, among other factors. The impairment loss recognized during the cumulative third quarter of the current fiscal year was ¥203 million.」
Impairment losses due to lower cash flow resulting from lower operating profit and falling land prices amounted to ¥203 million. This was down from ¥236 million in the same period of the previous year, but continued to be recognized. - FY2021-Q2Reduction in impairment lossesAnnual report
「Due to lower cash flow resulting from a decline in operating profit and continued declines in land prices, among other factors, the carrying amounts of the following asset groups were reduced to their recoverable amounts, and the ¥157 million reduction was recognized as an impairment loss under extraordinary losses.」
The banking business recognized ¥157 million in impairment losses due to lower cash flow resulting from lower operating profit and falling land prices. This was down from ¥236 million in the same period of the previous year, but an impairment loss arose at 1 operating branch. - FY2020WorsenedAnnual report
「Due to lower cash flow resulting from a decline in operating profit and continued declines in land prices, among other factors, the carrying amounts of the following asset groups were reduced to their recoverable amounts, and the ¥457 million reduction was recognized as an impairment loss under extraordinary losses.」
Impairment losses increased from ¥72 million in the previous fiscal year to ¥457 million, and were recognized on 10 operating branches and 1 idle asset. - FY2020-Q2MaterialisedAnnual report
「Due to lower cash flow resulting from a decline in operating profit and continued declines in land prices, among other factors, the carrying amounts of the following asset groups were reduced to their recoverable amounts, and the ¥236 million reduction was recognized as an impairment loss under extraordinary losses.」
The banking business recognized ¥236 million in impairment losses during the interim period of fiscal 2019 due to lower cash flow resulting from lower operating profit and continued declines in land prices. This was up from ¥71 million in the same period of the previous year. - FY2019MaterialisedAnnual report
「Due to lower cash flow resulting from a decline in operating profit and continued declines in land prices, among other factors, the carrying amounts of the following asset groups were reduced to their recoverable amounts, and the ¥72 million reduction was recognized as an impairment loss under extraordinary losses.」
The banking business recognized ¥72 million in impairment losses for the full fiscal year due to lower cash flow resulting from lower operating profit and falling land prices. This was down from ¥104 million in the previous fiscal year, but the risk continued to materialize. - FY2019-Q3MaterialisedAnnual report
「In the banking segment, impairment losses are recognized on assets for which recovery of the invested amounts is no longer expected, due to lower cash flow resulting from a decline in operating profit and declines in land prices, among other factors. The impairment loss recognized during the cumulative third quarter of the current fiscal year was ¥71 million.」
The banking business recognized ¥71 million in impairment losses during the cumulative third quarter due to lower cash flow resulting from lower operating profit and continued declines in land prices. - FY2019-Q2MaterialisedAnnual report
「Due to lower cash flow resulting from a decline in operating profit and continued declines in land prices, among other factors, the carrying amounts of the following asset groups were reduced to their recoverable amounts, and the ¥71 million reduction was recognized as an impairment loss under extraordinary losses.」
The banking business recognized ¥71 million in impairment losses during the interim period due to lower cash flow resulting from lower operating profit and continued declines in land prices. - FY2018Reduction in impairment lossesAnnual report
「Fiscal year ended 31 March 2018 (1 April 2017 to 31 March 2018) Due to lower cash flow resulting from a decline in operating profit and continued declines in land prices, among other factors, the carrying amounts of the following asset groups were reduced to their recoverable amounts, and the ¥104 million reduction was recognized as an impairment loss under extraordinary losses.」
Impairment losses due to lower cash flow resulting from lower operating profit and falling land prices decreased from ¥182 million in the previous fiscal year to ¥104 million, but continued to be recognized. - FY2018-Q3MaterialisedAnnual report
「In the banking segment, impairment losses are recognized on assets for which recovery of the invested amounts is no longer expected, due to lower cash flow resulting from a decline in operating profit and continued declines in land prices, among other factors. The impairment loss recognized during the cumulative third quarter of the current fiscal year was ¥62 million.」
The banking business recognized ¥62 million in impairment losses during the cumulative third quarter due to lower cash flow resulting from lower operating profit and continued declines in land prices. - FY2018-Q2MaterialisedAnnual report
「Due to lower cash flow resulting from a decline in operating profit and continued declines in land prices, among other factors, the carrying amounts of the following asset groups were reduced to their recoverable amounts, and the ¥39 million reduction was recognized as an impairment loss under extraordinary losses.」
The banking business recognized ¥39 million in impairment losses during the interim period due to lower cash flow resulting from lower operating profit and continued declines in land prices. This was down from ¥65 million in the same period of the previous year. - FY2017MaterialisedAnnual report
「Due to lower cash flow resulting from a decline in operating profit and continued declines in land prices, among other factors, the carrying amounts of the following asset groups were reduced to their recoverable amounts, and the ¥182 million reduction was recognized as an impairment loss under extraordinary losses.」
The banking business recognized ¥182 million in impairment losses for the full fiscal year, due to lower cash flow resulting from lower operating profit and continued declines in land prices. - FY2017-Q3MaterialisedAnnual report
「In the banking segment, impairment losses are recognized on assets for which recovery of the invested amounts is no longer expected, due to lower cash flow resulting from a decline in operating profit and continued declines in land prices, among other factors. The impairment loss recognized during the cumulative third quarter of the current fiscal year was ¥65 million.」
The banking segment recognized an impairment loss of ¥65 million due to lower cash flow resulting from lower operating profit and continued declines in land prices.