Risk of impairment of fixed assets
First written in FY2016. 2 of 7 entries say "Materialised", first in FY2017. Latest entry: FY2023.
The whole theme swung hardest in 2026: 67 of 129 companies on the "Worse" side.
- FY2023MaterialisedAnnual report
「During the consolidated fiscal year, because the profit or loss generated by operating activities at the Hiratsuka branch in Hiratsuka, Kanagawa Prefecture, had remained negative and the outlook for future performance was uncertain, the carrying amount of leasehold improvements was reduced to its recoverable amount. The reduction of ¥23 million was recorded as an impairment loss under extraordinary losses.」
With respect to the risk of impairment of fixed assets, an impairment loss of ¥23 million was recognized on the leasehold improvements at the Hiratsuka branch. - FY2021RestatedAnnual report
「In addition, declines in the market prices or other values of securities could result in substantial valuation losses (impairment losses).」
The company continues to disclose the possibility of impairment of fixed assets and securities. Impairment losses on investment securities were zero for the fiscal year. - FY2020ReframedAnnual report
「Deterioration in the economic environment could force the company to recognize impairment losses on assets held due to declines in real estate prices or obsolescence of real estate. In addition, declines in the market prices or other values of securities could result in substantial valuation losses (impairment losses).」
The prior-year assessment that the likelihood of impairment having a material impact was extremely low is no longer present, and the company describes the possibility of impairment of assets held, including real estate and securities, as a general risk. - FY2019SoftenedAnnual report
「The Group has determined that, at present, the likelihood of impairment of its fixed assets having a material impact on its operating condition is extremely low. However, if changes in the economic environment or other factors make impairment accounting necessary in the future, this could affect operating performance and financial condition.」
The company retains the risk of impairment of fixed assets but adds its assessment that the likelihood of impairment having a material impact is extremely low at present. - FY2018RestatedAnnual report
「However, if changes in the economic environment or other factors make impairment accounting necessary in the future, this could affect operating performance and financial condition.」
The company continues to disclose the risk of impairment of fixed assets. No impairment loss was recognized during the fiscal year. - FY2017MaterialisedAnnual report
「During the consolidated fiscal year, following the decision to sell common-use assets held by the company, the carrying amount of the common-use asset (land) was reduced to its recoverable amount. The reduction of ¥48 million was recorded as an impairment loss under extraordinary losses.」
With respect to the risk of impairment of fixed assets, an impairment loss of ¥48 million was recognized on the land comprising common-use assets. The risk materialized, so it was classified as MATERIALIZED. - FY2016First statedAnnual report
「If changes in the economic environment or other factors make impairment accounting necessary, this could affect operating performance and financial condition.」
The company discloses the possibility of impairment of fixed assets due to future changes in the economic environment.