Tangible Asset Risks from Natural Disasters and Declines in Asset Prices
First written in FY2017. 8 of 21 entries say "Worsened", first in FY2019-Q3. Latest entry: FY2026.
The whole theme swung hardest in 2020: 51 of 96 companies on the "Worse" side.
- FY2026WorsenedAnnual report
「Consolidated fiscal year (1 April 2025 to 31 March 2026)… impairment losses… total ¥339 million」
Impairment losses on fixed assets increased from ¥110 million in the previous fiscal year to ¥339 million, and were recorded on operating branches in Yamagata, Akita and Miyagi, shared assets, and assets scheduled for sale or held idle. - FY2026-H1WorsenedAnnual report
「Impairment losses ¥74 million ¥178 million」
Impairment losses on fixed assets increased from ¥74 million in the same period of the previous year to ¥178 million, with impairment losses recorded on operating branches, shared assets and assets scheduled for sale. - FY2025-H1WorsenedAnnual report
「Impairment losses 12 74」
Impairment losses on fixed assets increased from ¥12 million in the same period of the previous year to ¥74 million. Impairment losses were recorded on 2 operating branches and shared assets scheduled for sale. - FY2024-Q2MaterialisedAnnual report
「The amount of impairment recognized during the consolidated interim accounting period was ¥29 million, including ¥29 million on shares.」
Impairment losses of ¥29 million were recognized on securities. - FY2023-Q3MitigatedAnnual report
「Impairment losses 383 12」
Impairment losses on fixed assets decreased from ¥383 million in the same period of the previous year to ¥12 million. - FY2022-Q3MitigatedAnnual report
「Impairment losses 782 383」
Impairment losses on fixed assets decreased from ¥782 million in the same period of the previous year to ¥383 million. However, impairment losses continued to be recorded in the cumulative third quarter. - FY2022-Q2MitigatedAnnual report
「Consolidated interim accounting period (1 April 2021 to 30 September 2021) Category Region Primary use Type Impairment losses Operating assets Within Yamagata Prefecture 2 operating branches Land and buildings ¥173 million Operating assets Within Akita Prefecture 2 operating branches Land and buildings ¥88 million Operating assets Within Fukushima Prefecture 1 operating branch Land ¥26 million Total ¥288 million」
Impairment losses on fixed assets decreased from ¥681 million in the same period of the previous year to ¥288 million. However, impairment losses continued to be recorded at operating branches in Yamagata, Akita and Fukushima. - FY2022-Q1MitigatedAnnual report
「Impairment losses 37 —」
Impairment losses on fixed assets decreased from ¥37 million in the same period of the previous year to none in the first quarter. - FY2021WorsenedAnnual report
「Consolidated fiscal year (1 April 2020 to 31 March 2021)… impairment losses… total ¥891 million」
Impairment losses on fixed assets increased from ¥309 million in the previous fiscal year to ¥891 million, and were recorded at operating branches and other locations in Akita, Miyagi, Yamagata and Tokyo. - FY2021-Q3WorsenedAnnual report
「Impairment losses 116 782」
Impairment losses on fixed assets increased from ¥116 million in the same period of the previous year to ¥782 million. The fixed-asset impairment risk increased based on results for the cumulative third quarter. - FY2021-Q2WorsenedAnnual report
「For the above assets, which experienced lower cash flows from reduced profit or loss from operating activities, became idle or were designated for sale, the carrying amounts were reduced to their recoverable amounts, and the resulting reduction of ¥681 million was recorded as an impairment loss under extraordinary losses.」
Impairment losses on fixed assets at operating branches, idle assets and other locations amounted to ¥681 million in the interim period, up from ¥107 million in the same period of the previous year. - FY2020MitigatedAnnual report
「Consolidated fiscal year (1 April 2019 to 31 March 2020)… impairment losses… total ¥309 million」
Impairment losses on fixed assets amounted to ¥309 million, down from ¥692 million in the previous fiscal year. However, impairment losses continued to be recorded for operating branches, idle assets and other assets. - FY2020-Q3MitigatedAnnual report
「Impairment losses 240 116」
Impairment losses on fixed assets decreased from ¥240 million in the same period of the previous year to ¥116 million. Impairment losses were still recorded in the current quarter, but were lower year on year. - FY2020-Q2MaterialisedAnnual report
「Consolidated interim accounting period (1 April 2019 to 30 September 2019) Total ¥107 million」
Impairment losses on fixed assets at operating branches and idle assets amounted to ¥107 million, recorded due to reduced profit or loss from operating activities, idle status and designation for sale, among other factors. - FY2020-Q1MaterialisedAnnual report
「Impairment losses 0 1」
Impairment losses on fixed assets increased from ¥0 million in the same period of the previous year to ¥1 million in the first quarter, resulting in an impairment loss being recorded. - FY2019WorsenedAnnual report
「Impairment losses for the consolidated fiscal year amounted to ¥692 million.」
Impairment losses on fixed assets increased from ¥255 million in the previous fiscal year to ¥692 million. Impairment losses were recorded for operating branches, idle assets and assets scheduled for sale, among others. - FY2019-Q3WorsenedAnnual report
「Impairment losses 60 240」
Impairment losses on fixed assets increased from ¥60 million in the same period of the previous year to ¥240 million. - FY2019-Q2MaterialisedAnnual report
「For the above assets, which experienced lower cash flows from reduced profit or loss from operating activities, became idle or were designated for sale, the carrying amounts were reduced to their recoverable amounts, and the resulting reduction of ¥233 million was recorded as an impairment loss under extraordinary losses.」
Impairment losses on fixed assets of ¥233 million were recorded for operating branches and other assets due to their profit or loss position, idle status and designation for sale. - FY2018MaterialisedAnnual report
「Impairment losses for the consolidated fiscal year amounted to ¥255 million.」
For tangible asset risk related to natural disasters and declines in asset prices and profitability, impairment losses on fixed assets at operating branches and other locations amounted to ¥255 million for the full year. - FY2018-Q3MaterialisedAnnual report
「Extraordinary losses 37 199 Loss on disposal of fixed assets 31 39 Impairment losses 6 60」
Impairment losses of ¥60 million were recorded in the cumulative third quarter, up from ¥6 million in the same period of the previous year. Within the scope of the disclosure, details of the impaired assets and the causes of the impairment are not provided. - FY2017First statedAnnual report
「If the Company records impairment losses on fixed assets due to a significant decline in market prices, changes in the scope or manner of use, declining profitability or other factors, this could adversely affect the Group’s operating performance and financial condition.」
The disclosure covers not only damage to land, buildings, vehicles and other assets from natural disasters, but also the risk of impairment of fixed assets due to declines in market prices and profitability.