Large-scale impairment losses due to lower profitability in the railway, real estate and other businesses
First written in FY2023. 9 of 10 entries say "Materialised", first in FY2023. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026MaterialisedAnnual report
「As a result, during the fiscal year under review, Chichibu Railway Co.,Ltd.'s real estate and tourism businesses and consolidated subsidiary Chichibu Railway Kanko Bus Co., Ltd. recorded impairment losses.」
The company recorded impairment losses totaling ¥47.688 million, comprising ¥46.081 million in the real estate business, ¥0.305 million in the tourism business and ¥1.301 million in the bus business. Following the large-scale impairment loss in the previous fiscal year, the impact of declining profitability continued to appear as an actual loss. - FY2026-H1MaterialisedAnnual report
「Impairment loss 43,122 1,301」
During the interim consolidated accounting period, the company also recorded an impairment loss of ¥1.301 million. Although this was down from ¥43.122 million in the previous interim consolidated accounting period, impairment losses attributable to declining profitability continued to appear in the results. - FY2025MaterialisedAnnual report
「As a result, during the fiscal year under review, Chichibu Railway Co.,Ltd.'s railway business and consolidated subsidiary Chichibu Railway Kanko Bus Co., Ltd. recorded impairment losses.」
The company again recorded impairment losses totaling ¥136.670 million, comprising ¥136.576 million in the railway business and ¥0.093 million in the bus business. The impact of declining profitability continued to appear as an actual loss. - FY2025-H1MaterialisedAnnual report
「The Railway Business segment recorded an impairment loss of ¥43.122 million.」
During the interim consolidated accounting period, the railway business recorded an impairment loss on fixed assets of ¥43.122 million. As in the previous fiscal year, the impact of declining profitability appeared as an actual loss. - FY2024MaterialisedAnnual report
「Impairment loss 502,532」
The company again recorded impairment losses totaling ¥502 million, comprising ¥152 million in the railway business, ¥309 million in the real estate business, ¥32 million in the tourism business and ¥9 million in the bus business. Following the large-scale impairment loss in the previous fiscal year, the impact of declining profitability continued to appear as actual losses. - FY2024-Q3MaterialisedAnnual report
「The Railway Business segment recorded an impairment loss of ¥34.552 million. The Real Estate Business segment recorded an impairment loss of ¥308.819 million.」
For the cumulative third quarter, the company recorded impairment losses on fixed assets of ¥343.372 million, comprising ¥34.552 million in the railway business and ¥308.819 million in the real estate business. The impact of declining profitability continued to appear as actual losses. - FY2024-Q2MaterialisedAnnual report
「Although the company recorded impairment losses on fixed assets under extraordinary losses, it recorded gains on the sale of investment securities and other extraordinary gains, resulting in net income attributable to owners of the parent of ¥234 million, compared with a quarterly net loss of ¥194 million in the same period of the previous year.」
For the cumulative second quarter, the company recorded impairment losses on fixed assets of ¥338 million, comprising ¥29.671 million in the railway business and ¥308.819 million in the real estate business. Following the large-scale impairment loss in the previous fiscal year, the impact of declining profitability continued to appear as actual losses. - FY2023MaterialisedAnnual report
「In addition, mainly in the railway business, indications of impairment were identified due to declining profitability. After examining the future recoverability of each asset group in accordance with the Accounting Standard for Impairment of Fixed Assets, the company recorded ¥5,894 million as an impairment loss on fixed assets under extraordinary losses.」
Due to declining profitability, the company recorded impairment losses totaling ¥5,894 million, comprising ¥5,190 million for railway business assets, ¥415 million for real estate business assets and ¥262 million for common assets, among others.