Risk of fixed-asset impairment due to the prolonged COVID-19 pandemic
First written in FY2021. 5 of 6 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2021: 3 of 13 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「If property profitability deteriorates due to worsening market conditions or other factors, new indications of impairment may be identified and an impairment loss may be recognized in the following consolidated fiscal year.」
The company continues to describe lower property profitability due to worsening market conditions and the possibility of recognizing an impairment loss in the following consolidated fiscal year. - FY2024RestatedAnnual report
「If property profitability deteriorates due to worsening market conditions or other factors, new indications of impairment may be identified and an impairment loss may be recognized in the following consolidated fiscal year.」
The company continues to describe the risk of impairment of fixed assets in the following consolidated fiscal year, assuming that property profitability declines due to worsening market conditions. - FY2024-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no significant changes to the existing business and other risks, including the possibility of lower property profitability due to worsening market conditions and impairment of fixed assets. - FY2023RestatedAnnual report
「If property profitability deteriorates due to worsening market conditions or other factors, new indications of impairment may be identified and an impairment loss may be recognized in the following consolidated fiscal year.」
The company continues to describe the risk of impairment of fixed assets in the following consolidated fiscal year, assuming that property profitability declines due to worsening market conditions. - FY2023-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no significant changes to the existing business and other risks, including the risk of impairment of fixed assets due to the prolonged COVID-19 pandemic. - FY2021First statedAnnual report
「If property profitability deteriorates due to delays in containing COVID-19 or other factors, new indications of impairment may be identified and an impairment loss may be recognized in the following consolidated fiscal year.」
The company identifies the possibility of recognizing an impairment loss in the following consolidated fiscal year, assuming that property profitability deteriorates due to delays in containing COVID-19, as a new accounting risk.