Impairment Risks for Fixed Assets and Recognition of Impairment Losses
First written in FY2016. 4 of 10 entries say "Materialised", first in FY2017. Latest entry: FY2026.
The whole theme swung hardest in 2026: 66 of 128 companies on the "Worse" side.
- FY2026MitigatedAnnual report
「The resulting decrease of ¥176 million was recognized as an impairment loss under extraordinary losses.」
Impairment losses on property, plant and equipment decreased from ¥561 million in the previous fiscal year to ¥176 million. However, impairment due to lower expected revenue, business discontinuations and idle assets continued. - FY2024-Q2MaterialisedAnnual report
「Impairment losses 128」
The Group recognized ¥128 million in impairment losses for the six-month period of the current consolidated fiscal year, and impairment of property, plant and equipment continued to affect reported results. - FY2023WorsenedAnnual report
「All sales office facilities are assets used in the passenger business. Details are provided under "Impairment of Property, Plant and Equipment in the General Passenger Motor Transportation Business (Passenger Business)" in the consolidated financial statements, "Notes (Significant Accounting Estimates)."」
Impairment losses on property, plant and equipment increased from ¥51 million in the previous fiscal year to ¥2,108 million, of which ¥1,993 million was recognized for sales office facilities in the passenger business. - FY2023-Q3MaterialisedAnnual report
「Impairment losses 42」
The Group recognized ¥42 million in impairment losses as an extraordinary loss for the nine-month period of the current consolidated fiscal year, and impairment of property, plant and equipment continued to affect reported results. - FY2022MitigatedAnnual report
「For leased properties, stores and other facilities, the carrying amount was reduced to the recoverable amount because the initially projected revenue could no longer be expected or the discontinuation of the business had been decided. For idle assets, the carrying amount was reduced to the recoverable amount because there were no plans for future use. The resulting decrease of ¥51 million was recognized as an impairment loss under extraordinary losses.」
Impairment losses decreased from ¥1,325 million in the previous fiscal year to ¥51 million, reducing the impact of impairment risk on property, plant and equipment on reported results. - FY2021WorsenedAnnual report
「For leased properties, stores and other facilities, the carrying amount was reduced to the recoverable amount because the initially projected revenue could no longer be expected or the discontinuation of the business had been decided. For idle assets, the carrying amount was reduced to the recoverable amount because there were no plans for future use. The resulting decrease of ¥1,325 million was recognized as an impairment loss under extraordinary losses.」
Impairment losses increased from ¥389 million in the previous fiscal year to ¥1,325 million, with deterioration in the profitability of stores and other facilities, the discontinuation of businesses and an increase in idle assets cited as causes. - FY2020WorsenedAnnual report
「For leased properties, stores and other facilities, the carrying amount was reduced to the recoverable amount because the initially projected revenue could no longer be expected or the discontinuation of the business had been decided. For idle assets, the carrying amount was reduced to the recoverable amount because there were no plans for future use. The resulting decrease of ¥389 million was recognized as an impairment loss under extraordinary losses.」
Impairment losses increased from ¥106 million in the previous fiscal year to ¥389 million, with the decision to discontinue the business cited as an additional cause, along with lower expected revenue. - FY2019MaterialisedAnnual report
「For leased properties and stores, the carrying amount was reduced to the recoverable amount because the initially projected revenue could no longer be expected. For idle assets, the carrying amount was reduced to the recoverable amount because there were no plans for future use. The resulting decrease of ¥106 million was recognized as an impairment loss under extraordinary losses.」
The Group recognized ¥106 million in impairment losses on property, plant and equipment due to lower expected revenue and idle assets with no plans for future use. - FY2017MaterialisedAnnual report
「For passenger business facilities, stores and commercial facilities, the carrying amount was reduced to the recoverable amount because the initially projected revenue could no longer be expected due to intensified competition with competing facilities and other factors. For idle assets, the carrying amount was reduced to the recoverable amount because there were no plans for future use. The resulting decrease of ¥276 million was recognized as an impairment loss under extraordinary losses.」
The Group recognized ¥276 million in impairment losses on property, plant and equipment due to lower expected revenue and the absence of plans for future use. - FY2016First statedAnnual report
「If the initially projected revenue cannot be generated, or if the assumptions used in the calculations change, a loss may arise.」
During the current fiscal year, the Group recognized ¥1,032 million in impairment losses on property, plant and equipment, arising in passenger business facilities, leased properties, stores and commercial facilities, and idle assets.