Impairment Losses Associated with Business Site Closures and Idle Assets
First written in FY2017-Q1. 6 of 12 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 14 of 21 companies on the "Worse" side.
8 other companies' latest entry also says "Other".
- FY2026Impairment indicators continue; no impairment recognizedAnnual report
「The container transportation business rents and leases box containers that can be transported by rail, road and sea. Because operating losses have continued due to transportation disruptions in rail freight and poor harvests of agricultural products, the fixed assets showed indications of impairment, and we examined whether an impairment loss needed to be recognized. As the total undiscounted future cash flows exceeded the carrying amount, we determined that no impairment loss needed to be recognized for the fiscal year.」
Although impairment indicators continue in the container transportation business, no impairment loss was recognized during the fiscal year because undiscounted future cash flows exceeded the carrying amount. - FY2025MaterialisedAnnual report
「Development costs for internally used software in the high-pressure gas transportation division had been recorded under software in progress, an intangible fixed asset. However, because some functions were no longer expected to be used as originally anticipated, part of the development costs was recorded as an impairment loss under extraordinary losses.」
The company recorded ¥28 million in impairment losses on internally used software in the high-pressure gas transportation division during the fiscal year, confirming a decline in asset value due to reduced expected usage in the annual results. - FY2022RestatedAnnual report
「Impairment losses recorded during the fiscal year: – million」
No impairment losses were recorded during the fiscal year, and the disclosure states that operating income was positive for each asset group, with no indication of impairment. - FY2021MitigatedAnnual report
「Impairment losses recorded during the fiscal year: – million」
No impairment losses were recorded during the fiscal year, and the disclosure states that operating income was positive for each asset group, with no indication of impairment. - FY2020-Q2RestatedAnnual report
「During the previous second-quarter cumulative period, the group recorded impairment losses on the following assets. No applicable assets existed during the current second-quarter cumulative period.」
While impairment losses on idle land from prior years are disclosed, no new impairment losses were recorded during the current second-quarter cumulative period. - FY2019-Q3MaterialisedAnnual report
「We recognized impairment losses on assets at facilities scheduled for closure and on assets that were already idle because their recoverable amounts fell below their carrying amounts.」
In addition to idle land, impairment losses totaling ¥11 million were recorded during the current quarter-to-date period on business assets, including structures, in Sendai, Miyagi Prefecture, indicating a new decline in asset values associated with facility closures and idling. - FY2019-Q2RestatedAnnual report
「During the current second-quarter cumulative period, the group recorded impairment losses on the following assets. No applicable assets existed during the previous second-quarter cumulative period. We recognized impairment losses on idle assets because their recoverable amounts fell below their carrying amounts.」
Impairment losses of ¥1 million on idle land are disclosed. The same impairment loss relating to idle assets has been reported since the previous quarter, with no identifiable change in the content. - FY2019-Q1MaterialisedAnnual report
「During the current first-quarter cumulative period, the group recorded impairment losses on the following assets. No applicable assets existed during the previous first-quarter cumulative period. We recognized impairment losses on idle assets because their recoverable amounts fell below their carrying amounts.」
Impairment losses totaling ¥1 million were recorded during the current quarter on idle land in Bibai, Hokkaido and Susono, Shizuoka Prefecture, indicating a new decline in the value of idle assets. - FY2018-Q3RestatedAnnual report
「During the previous third-quarter cumulative period, the group recorded impairment losses on the following assets. No applicable assets existed during the current third-quarter cumulative period.」
While impairment losses related to idle assets from prior years are reiterated in the notes, no new impairment losses were recorded during the current third-quarter cumulative period. - FY2017-Q3RestatedAnnual report
「We recognized impairment losses on assets that became idle following facility closures and on assets that were already idle because their recoverable amounts fell below their carrying amounts.」
The occurrence of ¥4.635 million in impairment losses related to idle assets in Mitsuke, Niigata Prefecture and Susono, Shizuoka Prefecture is reiterated. No new impairment event is disclosed. - FY2017-Q2RestatedAnnual report
「We recognized impairment losses on assets that became idle following facility closures and on assets that were already idle because their recoverable amounts fell below their carrying amounts.」
The notes reiterate the occurrence of ¥4.635 million in impairment losses related to facility closures and idle assets. - FY2017-Q1MaterialisedAnnual report
「We recognized impairment losses on assets that became idle following facility closures and on assets that were already idle because their recoverable amounts fell below their carrying amounts.」
Impairment losses totaling ¥4.635 million were recorded on idle assets in Mitsuke, Niigata Prefecture and Susono, Shizuoka Prefecture, confirming an actual decline in asset values associated with facility closures and idling.