Declining Profitability and Impairment of Rental Properties
First written in FY2016. 7 of 7 entries say "Materialised", first in FY2016. Latest entry: FY2026.
The whole theme swung hardest in 2020: 51 of 96 companies on the "Worse" side.
- FY2026MaterialisedAnnual report
「Impairment losses − 314」
Recorded impairment losses of ¥314 million in the consolidated fiscal year under review, with declining profitability and impairment risk for fixed assets continuing to emerge as actual losses. - FY2024-Q3MaterialisedAnnual report
「Impairment losses − 253」
Recorded impairment losses of ¥253 million in the nine-month period of the fiscal year under review, with declining profitability and impairment risk for fixed assets continuing to emerge as losses. - FY2023MaterialisedAnnual report
「In the consolidated fiscal year under review, based on the assumptions described below, we recorded impairment losses of ¥366 million on sales office facilities.」
Recorded ¥366 million in impairment losses on sales office facilities in Miyoshi, Tokushima Prefecture, and elsewhere due to a significant decline in profitability. - FY2022MaterialisedAnnual report
「In the consolidated fiscal year under review, based on the assumptions described below, we recorded impairment losses of ¥943 million in the marine transportation business.」
Impairment of fixed assets due to declining profitability resulted in a ¥943 million loss in the marine transportation business. - FY2019MaterialisedAnnual report
「In the consolidated fiscal year under review, we recorded impairment losses on operating fixed assets and other items as extraordinary losses, but」
Recorded impairment losses on operating fixed assets and other items as extraordinary losses, with impairment risk continuing to emerge in full-year results. Impairment losses totaled ¥5,560 million. - FY2018MaterialisedAnnual report
「Operating revenue was ¥227,874 million, up 2.8% year on year, operating profit was ¥33,971 million, up 6.7%, and ordinary profit was ¥29,733 million, up 9.7%. However, net income attributable to owners of the parent decreased 10.5% to ¥14,719 million due mainly to the recognition of impairment losses on operating fixed assets as extraordinary losses.」
Impairment losses on operating fixed assets emerged as extraordinary losses for the full year and became a factor in the decline in net income attributable to owners of the parent. Consolidated impairment losses totaled ¥4,321 million and also affected leisure facilities and other assets. - FY2016MaterialisedAnnual report
「Net income attributable to owners of the parent was ¥12,612 million, down ¥4,854 million (27.8%) from the previous consolidated fiscal year, as impairment losses arising from declining profitability of rental real estate and other assets were recorded as extraordinary losses.」
Recorded ¥9,074 million in impairment losses on rental facilities and other assets, resulting in a 27.8% year-on-year decline in net income.