Risk of Impairment of Fixed Assets
First written in FY2024. 2 of 3 entries say "Worsened", first in 2026-06-05. Latest entry: FY2026.
The whole theme swung hardest in 2020: 51 of 96 companies on the "Worse" side.
- FY2026WorsenedAnnual report
「In the previous consolidated fiscal year and the current consolidated fiscal year, indications of impairment were identified at certain operating sites in the warehousing, packaging, and testing businesses due to sustained operating losses or significant declines in market prices. … No impairment loss was recognized because the carrying amount exceeded the recoverable amount at all operating sites.」
Indications of impairment were identified at certain sites due to sustained losses or declines in market prices. However, no impairment loss was recognized in the current fiscal year. - 2026-06-05WorsenedGeneral Meetings of Shareholders
「Impairment indicators were identified at certain operating locations of the Warehousing, Packaging and Testing businesses due to continuing operating losses or a significant decline in market prices.」
Although impairment indicators were identified for fixed assets, no impairment loss was recognized because future cash flows exceeded the carrying amounts. - FY2024First statedAnnual report
「The Group owns substantial fixed assets, mainly in its warehousing, packaging, and testing businesses. If recovery of these investments becomes unlikely due to changes in the business environment or declining profitability, it may be necessary to recognize impairment losses, potentially affecting the Group's operating results and financial position.」
Given its business structure involving substantial fixed assets, the Company described the possibility of impairment losses arising from changes in the business environment or profitability as a standalone risk.