Valuation Loss and Impairment Risk from Declines in the Value of Assets Held
First written in FY2020. 3 of 7 entries say "Mitigated", first in FY2023. Latest entry: FY2026.
The whole theme swung hardest in 2019: 10 of 23 companies on the "Worse" side.
3 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「The company recognized a reversal of impairment losses of ¥341 million, capped at the carrying amount that would have applied had no impairment loss been recognized.」
A new tenant was secured for the Ashikaga Parts Logistics Center. In light of its operation from January 2026 and improved profitability, the company reversed ¥341 million in impairment losses recognized in previous fiscal years. - FY2025MaterialisedAnnual report
「ソウイング recognized a partial impairment loss on goodwill because the business environment assumed at the time of acquisition diverged from the actual environment.」
Although the business environment and asset valuation following the acquisition of ソウイング had previously remained risks, the company actually recognized an impairment loss of ¥572 million, including ¥522 million in goodwill, for the fiscal year ended June 2025. - FY2023MitigatedAnnual report
「For the consolidated fiscal year, the company determined that there were no impairment indicators for the CKD business, as it recorded operating profit for the full year on property, plant and equipment of ¥995 million and intangible assets of ¥12 million, and no other indicators, such as a future deterioration in the operating environment or the prospect of such deterioration, were identified based on information obtained from external and internal sources.」
For the CKD business, which was carefully reviewed in the previous fiscal year, the company determined that there were no impairment indicators in the current fiscal year because it recorded full-year operating profit and identified no other indicators of deterioration. However, the possibility remains that impairment recognition may be required due to future cost increases or other factors. - FY2021Careful review of impairment indicators for the CKD businessAnnual report
「During the consolidated fiscal year, the company carefully reviewed impairment indicators for the relevant fixed assets of the CKD business in the general cargo business, as investment recovery from these assets might not have been expected due to a temporary deterioration in the operating environment beyond expectations and other factors.」
Regarding impairment risk for assets held, the company specifically disclosed that it had reviewed impairment indicators for fixed assets related to the CKD business. - FY2020First statedAnnual report
「If the Group is required to recognize valuation losses or impairment losses on its trade and other receivables (¥12,607 million), inventories (¥511 million), property, plant and equipment (¥17,146 million), goodwill and intangible assets (¥2,626 million) due to declining profitability or other factors, this could affect the Group’s operating results and financial position.」
The company has, for the first time, separately disclosed the risk that valuation losses and impairment losses resulting from declining profitability could affect its operating results and financial position, while also stating the amounts of assets held. Countermeasures include credit management for each customer, inventory management and post-investment profit and loss management.