Declines in assets and net assets due to impairment and accumulated losses
First written in FY2017-Q3. 5 of 34 entries say "Restated". Latest entry: FY2027-H1.
The whole theme swung hardest in 2020: 65 of 117 companies on the "Worse" side.
- FY2027-H1Fixed assets declined while net assets increasedAnnual report
「Total assets at the end of the current interim consolidated accounting period increased by ¥143 million from the end of the previous consolidated fiscal year to ¥12,409 million. The main factors were a ¥482 million increase in current assets, primarily due to higher cash and deposits, and a ¥339 million decrease in fixed assets, mainly due to depreciation. …Net assets increased by ¥306 million from the end of the previous consolidated fiscal year to ¥8,288 million, mainly due to a ¥249 million increase in shareholders' equity resulting from interim net profit attributable to owners of the parent of ¥440 million and dividends of surplus of ¥191 million, as well as a ¥56 million increase in total accumulated other comprehensive income resulting from an increase in the valuation difference on other securities.」
While total assets increased by ¥143 million due to higher cash and deposits, fixed assets declined by ¥339 million due to depreciation and other factors. Net assets increased by ¥306 million due to the recognition of profit and other factors. - FY2026-H1Fixed assets increased through vessel acquisitions, while net assets declinedAnnual report
「Total assets at the end of the current interim consolidated fiscal period increased by ¥769 million from the end of the previous consolidated fiscal year to ¥13,417 million. The main factors were a ¥1,746 million decrease in current assets, mainly due to a decrease in cash and deposits, and a ¥2,515 million increase in non-current assets, mainly due to an increase in vessels.」
Non-current assets increased by ¥2,515 million and total assets by ¥769 million due to the acquisition of a 58,628-ton bulk carrier and other factors. Meanwhile, net assets decreased by ¥63 million due to dividends and lower profit levels. - FY2025AdvancedAnnual report
「Net assets increased by ¥1,933 million from the end of the previous consolidated fiscal year to ¥9,306 million, due to a ¥1,941 million increase in shareholders’ equity resulting from net income attributable to owners of the parent and other factors, a ¥6 million decrease in total accumulated other comprehensive income resulting from a decrease in the valuation difference on other securities, and a ¥1 million decrease in non-controlling interests.」
While non-current assets decreased by ¥795 million due to vessel sales and other factors, net assets increased by ¥1,933 million to ¥9,306 million due to profit recognition, indicating progress in asset reduction and increased net assets. - FY2025-H1Concurrent increase in net assets and decrease in non-current assetsAnnual report
「Net assets increased by ¥184 million from the end of the previous consolidated fiscal year to ¥7,558 million, mainly due to a ¥212 million increase in shareholders’ equity resulting from interim net income attributable to owners of the parent of ¥367 million, dividends of ¥154 million and other factors, and a ¥25 million decrease in total accumulated other comprehensive income resulting from a decrease in the valuation difference on other securities.」
While total assets decreased by ¥40 million from the end of the previous fiscal year and non-current assets also decreased, profit recognition exceeded dividends, resulting in a ¥184 million increase in net assets to ¥7,558 million. - FY2024RestatedAnnual report
「Net assets increased by ¥741 million from the end of the previous consolidated fiscal year to ¥7,373 million, due to a ¥628 million increase in shareholders’ equity resulting from net income attributable to owners of the parent and other factors, a ¥226 million increase in total accumulated other comprehensive income resulting from an increase in the valuation difference on other securities, and a ¥113 million decrease in non-controlling interests.」
Net assets increased by ¥741 million from the end of the previous fiscal year to ¥7,373 million due to profit recognition and an increase in the valuation difference on securities. Total assets also increased by ¥767 million, continuing the upward trend in assets and net assets. - FY2024-Q3Continued increases in total assets and net assetsAnnual report
「Total assets at the end of the third quarter of the current consolidated fiscal period increased by ¥444 million from the end of the previous consolidated fiscal year to ¥11,494 million. The main factors were a ¥395 million increase in current assets, mainly due to an increase in cash and deposits. Although non-current assets decreased due to depreciation and other factors, increases in construction in progress and other items resulted in an overall increase of ¥48 million.」
Total assets increased by ¥444 million from the end of the previous fiscal year due to increases in cash and deposits, construction in progress and other items. Net assets also increased by ¥457 million to ¥7,090 million due to profit recognition and other factors. - FY2024-Q2Continued increase in net assetsAnnual report
「Net assets increased by ¥260 million from the end of the previous consolidated fiscal year to ¥6,893 million, mainly due to a ¥156 million increase in shareholders’ equity resulting from quarterly net income attributable to owners of the parent of ¥311 million and dividends of ¥154 million, and a ¥98 million increase in total accumulated other comprehensive income resulting from an increase in the valuation difference on other securities.」
Net assets increased by ¥260 million from the end of the previous fiscal year to ¥6,893 million due to profit recognition and an increase in the valuation difference on other securities. - FY2024-Q1RestatedAnnual report
「Net assets increased by ¥143 million from the end of the previous consolidated fiscal year to ¥6,775 million, mainly due to an ¥87 million increase in shareholders’ equity resulting from quarterly net income attributable to owners of the parent of ¥242 million and dividends of ¥154 million, and a ¥53 million increase in total accumulated other comprehensive income resulting from an increase in the valuation difference on other securities.」
While total assets decreased by ¥118 million from the end of the previous fiscal year due to depreciation and other factors, profit recognition exceeded dividends, resulting in a ¥143 million increase in net assets. The trend toward asset reduction and increased net assets has been reconfirmed. - FY2023RestatedAnnual report
「Net assets increased by ¥742 million from the end of the previous consolidated fiscal year to ¥6,632 million, due to a ¥724 million increase in shareholders’ equity resulting from net income attributable to owners of the parent and other factors, a ¥16 million increase in total accumulated other comprehensive income resulting from an increase in the valuation difference on other securities, and a ¥1 million increase in non-controlling interests.」
While total assets decreased to ¥11,050 million, net assets increased by ¥742 million to ¥6,632 million due to profit recognition and other factors, confirming a full-year trend toward asset reduction and increased net assets. - FY2023-Q3Continued increase in net assets, decrease in total assets and liabilitiesAnnual report
「Total assets at the end of the third quarter of the current consolidated fiscal period decreased by ¥784 million from the end of the previous consolidated fiscal year to ¥11,398 million. Net assets increased by ¥819 million from the end of the previous consolidated fiscal year to ¥6,710 million, mainly due to an ¥809 million increase in shareholders’ equity resulting from quarterly net income attributable to owners of the parent of ¥905 million and dividends of ¥96 million, and an ¥11 million increase in total accumulated other comprehensive income resulting from an increase in the valuation difference on other securities.」
While total assets decreased by ¥784 million due to depreciation and other factors, net assets increased by ¥819 million as profit recognition exceeded dividends. Liabilities also decreased by ¥1,604 million due to a reduction in interest-bearing debt. - FY2023-Q2Continued increase in net assets, decrease in total assetsAnnual report
「Total assets at the end of the second quarter of the current consolidated fiscal period decreased by ¥435 million from the end of the previous consolidated fiscal year to ¥11,746 million. The main factors were a ¥55 million increase in current assets, as increases in other current assets, accounts receivable from the marine transportation business and contract assets more than offset the decrease in cash and deposits, and a ¥490 million decrease in non-current assets, mainly due to depreciation. Net assets increased by ¥732 million from the end of the previous consolidated fiscal year to ¥6,622 million, mainly due to a ¥784 million increase in shareholders’ equity resulting from quarterly net income attributable to owners of the parent of ¥880 million and dividends of ¥96 million, and a ¥50 million decrease in total accumulated other comprehensive income resulting from a decrease in the valuation difference on other securities.」
While total assets decreased by ¥435 million from the end of the previous fiscal year due to depreciation and other factors, profit recognition exceeded dividends, resulting in a ¥732 million increase in net assets to ¥6,622 million. The upward trend in net assets is continuing. - FY2023-Q1Continued increase in net assets, decrease in total assetsAnnual report
「Total assets at the end of the first quarter of the current consolidated fiscal period decreased by ¥97 million from the end of the previous consolidated fiscal year to ¥12,084 million. Net assets increased by ¥279 million from the end of the previous consolidated fiscal year to ¥6,169 million, mainly due to a ¥308 million increase in shareholders’ equity resulting from quarterly net income attributable to owners of the parent of ¥405 million and dividends of ¥96 million, and a ¥28 million decrease in total accumulated other comprehensive income resulting from a decrease in the valuation difference on other securities.」
While total assets decreased by ¥97 million due to depreciation and other factors, profit recognition exceeded dividends, resulting in a ¥279 million increase in net assets from the end of the previous fiscal year to ¥6,169 million. - FY2022Full-year increase in assets and net assetsAnnual report
「Net assets increased by ¥1,262 million from the end of the previous consolidated fiscal year to ¥5,890 million, due to a ¥1,226 million increase in shareholders’ equity resulting from net income attributable to owners of the parent and other factors, a ¥26 million increase in total accumulated other comprehensive income resulting from an increase in the valuation difference on other securities, and a ¥10 million increase in non-controlling interests.」
Net assets increased by ¥1,262 million from the end of the previous fiscal year to ¥5,890 million due to profit recognition and other factors. Total assets also increased from ¥10,853 million at the end of the previous fiscal year to ¥12,182 million, confirming a full-year recovery in assets and net assets. - FY2022-Q3Total assets and net assets continue to increaseAnnual report
「Total assets at the end of the third quarter of the current consolidated fiscal period increased by ¥1,063 million from the end of the previous consolidated fiscal year to ¥11,917 million. The main factors were a ¥1,638 million increase in current assets, mainly due to an increase in cash and deposits, and a ¥575 million decrease in non-current assets, mainly due to depreciation. Liabilities stood at ¥6,285 million, an increase of ¥58 million from the end of the previous consolidated fiscal year. This resulted from a ¥220 million decrease in current liabilities, mainly due to the refinancing of short-term borrowings, and a ¥278 million increase in non-current liabilities due to an increase in long-term borrowings and other factors. Net assets increased by ¥1,004 million from the end of the previous consolidated fiscal year to ¥5,632 million, mainly due to a ¥966 million increase in shareholders’ equity resulting from quarterly net income attributable to owners of the parent of ¥930 million and a ¥35 million cumulative effect of changes in accounting policies, and a ¥29 million increase in total accumulated other comprehensive income resulting from an increase in the valuation difference on other securities.」
Total assets increased by ¥1,063 million from the end of the previous fiscal year due to an increase in cash and deposits and other factors, while net assets increased by ¥1,004 million due to quarterly net income and other factors. The recovery trend in assets and net assets that had continued through the previous quarter has progressed further. - FY2022-Q2Total assets and net assets continue to increaseAnnual report
「Total assets increased by ¥706 million from the end of the previous consolidated fiscal year to ¥11,560 million. Net assets increased by ¥712 million from the end of the previous consolidated fiscal year to ¥5,340 million, mainly due to a ¥660 million increase in shareholders’ equity resulting from quarterly net income attributable to owners of the parent of ¥625 million and a ¥35 million cumulative effect of changes in accounting policies, and a ¥46 million increase in total accumulated other comprehensive income resulting from an increase in the valuation difference on other securities.」
Total assets increased by ¥706 million due to an increase in cash and deposits and other factors, while net assets increased by ¥712 million due to profit recognition and the effects of changes in accounting policies and other factors. - FY2022-Q1Total assets and net assets increasedAnnual report
「Total assets increased by ¥817 million from the end of the previous consolidated fiscal year to ¥11,671 million. Net assets increased by ¥331 million from the end of the previous consolidated fiscal year to ¥4,959 million, mainly due to a ¥335 million increase in shareholders’ equity resulting from quarterly net income attributable to owners of the parent of ¥299 million and a ¥35 million cumulative effect of changes in accounting policies, and a ¥5 million decrease in total accumulated other comprehensive income resulting from a decrease in the valuation difference on other securities.」
Total assets increased by ¥817 million and net assets by ¥331 million due to profit recognition and the effects of changes in accounting policies. - FY2021RestatedAnnual report
「Net assets increased by ¥48 million from the end of the previous consolidated fiscal year to ¥4,627 million, due to an ¥83 million decrease in shareholders’ equity resulting from the net loss attributable to owners of the parent and other factors, a ¥125 million increase in total accumulated other comprehensive income resulting from an increase in the valuation difference on other securities, and a ¥5 million increase in non-controlling interests.」
Although a net loss for the period was recorded, net assets increased by ¥48 million from the end of the previous fiscal year due to an increase in valuation differences and other factors, confirming the upward trend. - FY2021-Q3RestatedAnnual report
「Net assets increased by ¥212 million from the end of the previous consolidated fiscal year to ¥4,792 million, mainly due to a ¥147 million increase in shareholders’ equity resulting from quarterly net income attributable to owners of the parent of ¥147 million, and a ¥62 million increase in total accumulated other comprehensive income resulting from an increase in the valuation difference on other securities.」
Net assets increased by ¥212 million from the end of the previous fiscal year due to quarterly net income attributable to owners of the parent and an increase in valuation differences. While the upward trend in net assets has been reconfirmed, total assets decreased by ¥1,539 million due to the sale of vessels and other assets. - FY2021-Q2Continued increase in net assetsAnnual report
「Net assets increased by ¥232 million from the end of the previous consolidated fiscal year to ¥4,812 million, mainly due to a ¥221 million increase in shareholders’ equity resulting from quarterly net income attributable to owners of the parent of ¥221 million, and an ¥11 million increase in total accumulated other comprehensive income resulting from an increase in the valuation difference on other securities.」
Net assets increased by ¥232 million from the end of the previous fiscal year due to quarterly net income attributable to owners of the parent and other factors, marking another increase following the previous quarter. Total assets were broadly unchanged, while cash and deposits increased by ¥631 million. - FY2021-Q1Shift to an increase in net assetsAnnual report
「Net assets increased by ¥75 million from the end of the previous consolidated fiscal year to ¥4,654 million, mainly due to a ¥64 million increase in shareholders’ equity resulting from quarterly net income attributable to owners of the parent of ¥64 million, and an ¥11 million increase in total accumulated other comprehensive income resulting from an increase in the valuation difference on other securities.」
Net assets, which decreased by ¥848 million in the previous fiscal year, increased by ¥75 million from the end of the previous fiscal year in the current quarter due to quarterly net income and an increase in valuation differences. - FY2020WorsenedAnnual report
「Net assets decreased by ¥848 million from the end of the previous consolidated fiscal year to ¥4,579 million, due to a ¥744 million decrease in shareholders’ equity resulting from the net loss attributable to owners of the parent and other factors, a ¥64 million decrease in total accumulated other comprehensive income resulting from a decrease in the valuation difference on other securities, and a ¥39 million decrease in non-controlling interests.」
Net assets, which increased by ¥837 million in the previous fiscal year, decreased by ¥848 million to ¥4,579 million due to the net loss for the period, valuation differences and other factors. - FY2020-Q3Increase in non-current assets and liabilities, decrease in net assetsAnnual report
「Total assets at the end of the third quarter of the current consolidated fiscal period increased by ¥885 million from the end of the previous consolidated fiscal year to ¥12,976 million. The main factors were a ¥271 million decrease in current assets, mainly due to a decrease in cash and deposits, and a ¥1,157 million increase in non-current assets, mainly due to the acquisition of property, plant and equipment. Liabilities stood at ¥7,874 million, an increase of ¥1,211 million from the end of the previous consolidated fiscal year.」
Non-current assets increased by ¥1,157 million through the acquisition of property, plant and equipment, and liabilities increased by ¥1,211 million, while net assets decreased by ¥325 million due to the quarterly net loss, dividends and other factors. - FY2020-Q2Increase in non-current assets and liabilities, decrease in net assetsAnnual report
「Total assets at the end of the second quarter of the current consolidated fiscal period increased by ¥762 million from the end of the previous consolidated fiscal year to ¥12,852 million. The main factors were a ¥460 million decrease in current assets, mainly due to a decrease in cash and deposits, and a ¥1,222 million increase in non-current assets, mainly due to the acquisition of property, plant and equipment.」
Non-current assets increased by ¥1,222 million and total assets by ¥762 million due to new vessel acquisitions and other factors, while net assets decreased by ¥306 million from the end of the previous fiscal year to ¥5,121 million due to the quarterly net loss and dividends. - FY2020-Q1Increase in non-current assets and decrease in net assets due to new vessel acquisitionsAnnual report
「Total assets at the end of the first quarter of the current consolidated fiscal period increased by ¥773 million from the end of the previous consolidated fiscal year to ¥12,863 million. The main factors were a ¥676 million decrease in current assets, mainly due to a decrease in cash and deposits, and a ¥1,449 million increase in non-current assets, mainly due to vessel acquisitions.」
Non-current assets increased by ¥1,449 million due to vessel acquisitions, and total assets increased by ¥773 million. Meanwhile, net assets decreased by ¥159 million due to the quarterly loss and dividends. - FY2019Shift to a significant increase in net assetsAnnual report
「Net assets increased by ¥837 million from the end of the previous consolidated fiscal year to ¥5,427 million, due to an ¥889 million increase in shareholders’ equity resulting from net income attributable to owners of the parent and other factors, a ¥52 million decrease in total accumulated other comprehensive income resulting from a decrease in the valuation difference on other securities, and a ¥0 million decrease in non-controlling interests.」
While non-current assets decreased by ¥1,030 million due to vessel sales and depreciation, net assets increased by ¥837 million due to profit recognition, reversing the previous year’s decrease with a substantial increase. - FY2019-Q3Continued increase in net assetsAnnual report
「Net assets increased by ¥129 million from the end of the previous consolidated fiscal year to ¥4,720 million, mainly due to a ¥207 million increase in shareholders’ equity resulting from quarterly net income attributable to owners of the parent of ¥205 million, and a ¥76 million decrease in total accumulated other comprehensive income resulting from a decrease in the valuation difference on other securities.」
Net assets increased by ¥129 million from the end of the previous fiscal year due to quarterly net income attributable to owners of the parent and other factors, continuing the upward trend. - FY2019-Q2Continued increase in net assetsAnnual report
「Net assets increased by ¥131 million from the end of the previous consolidated fiscal year to ¥4,722 million, mainly due to a ¥126 million increase in shareholders’ equity resulting from quarterly net income attributable to owners of the parent of ¥124 million, and a ¥5 million increase in total accumulated other comprehensive income resulting from an increase in the valuation difference on other securities.」
Net assets increased by ¥131 million from the end of the previous fiscal year due to quarterly net income attributable to owners of the parent and other factors, continuing the upward trend. - FY2019-Q1Net assets shift from decline to growthAnnual report
「Net assets increased by ¥221 million from the end of the previous consolidated fiscal year to ¥4,812 million, mainly due to a ¥233 million increase in shareholders’ equity resulting from quarterly net income attributable to owners of the parent of ¥231 million, and a ¥10 million decrease in total accumulated other comprehensive income resulting from a decrease in the valuation difference on other securities.」
While total assets decreased by ¥477 million from the end of the previous fiscal year, net assets increased by ¥221 million due to quarterly net income attributable to owners of the parent and other factors, reversing the downward trend. - FY2018Continued decreases in assets and net assetsAnnual report
「The balance of non-current assets at the end of the current consolidated fiscal year was ¥11,415 million, down ¥1,013 million from the end of the previous consolidated fiscal year. Net assets decreased by ¥24 million from the end of the previous consolidated fiscal year to ¥4,590 million, mainly due to the net loss attributable to owners of the parent.」
Non-current assets decreased by ¥1,013 million due to depreciation and other factors, while net assets also decreased by ¥24 million due to the net loss attributable to owners of the parent and other factors. - FY2018-Q3Net assets turned to an increaseAnnual report
「Total assets at the end of the third quarter of the current consolidated fiscal period decreased by ¥441 million from the end of the previous consolidated fiscal year to ¥13,544 million. The main factors were a ¥101 million increase in current assets, mainly due to an increase in other current assets, while non-current assets decreased by ¥542 million, mainly due to depreciation. Net assets increased by ¥17 million from the end of the previous consolidated fiscal year to ¥4,632 million, mainly due to an ¥84 million decrease in shareholders’ equity resulting from an ¥84 million quarterly net loss attributable to owners of the parent, and a ¥94 million increase in total accumulated other comprehensive income resulting from an increase in the valuation difference on other securities.」
Total assets and non-current assets decreased by ¥441 million and ¥542 million, respectively, while net assets increased by ¥17 million from the end of the previous consolidated fiscal year, reversing the prior decrease. - FY2018-Q2Total assets and fixed assets declined, while the decrease in net assets narrowedAnnual report
「Total assets at the end of the second quarter of the current consolidated fiscal period decreased by ¥684 million from the end of the previous consolidated fiscal year to ¥13,300 million. The main factors were a ¥288 million decrease in current assets, mainly due to a decrease in cash and deposits, and a ¥396 million decrease in non-current assets, mainly due to depreciation. Net assets decreased by ¥9 million from the end of the previous consolidated fiscal year to ¥4,605 million, mainly due to a ¥60 million decrease in shareholders’ equity resulting from a ¥60 million quarterly net loss attributable to owners of the parent, and a ¥48 million increase in total accumulated other comprehensive income resulting from an increase in the valuation difference on other securities.」
Total assets decreased by ¥684 million and non-current assets by ¥396 million, while the decrease in net assets was limited to ¥9 million, narrowing from the ¥188 million decrease in the previous quarter. - FY2018-Q1Continued declines in fixed assets and net assetsAnnual report
「Total assets at the end of the current first quarter of the consolidated fiscal year decreased by ¥102 million from the end of the previous consolidated fiscal year to ¥13,882 million. This mainly reflected a ¥96 million increase in current assets, primarily due to an increase in cash and deposits, while fixed assets decreased by ¥199 million, mainly due to depreciation of property, plant and equipment. Net assets decreased by ¥188 million from the end of the previous consolidated fiscal year to ¥4,426 million, due to a ¥203 million decrease in shareholders' equity resulting from a quarterly net loss attributable to owners of the parent of ¥203 million, partly offset by a ¥14 million increase in total accumulated other comprehensive income due to an increase in the valuation difference on other securities.」
Fixed assets decreased by ¥199 million due to depreciation, while net assets decreased by ¥188 million due to the quarterly net loss and other factors. The trend of declining assets and net assets from the previous fiscal year continues, although the main factors behind the decline in the current quarter were depreciation and losses. - FY2017WorsenedAnnual report
「The balance of fixed assets at the end of the current consolidated fiscal year was ¥12,429 million, down ¥1,133 million from the end of the previous consolidated fiscal year. The main factor was a ¥1,330 million decrease in vessels due to depreciation and impairment losses, partly offset by a ¥207 million increase in investments and other assets. Net assets decreased by ¥788 million from the end of the previous consolidated fiscal year to ¥4,615 million, due to an ¥880 million decrease in shareholders' equity, including a net loss attributable to owners of the parent of ¥822 million, partly offset by a ¥90 million increase in total accumulated other comprehensive income and a ¥1 million increase in non-controlling interests.」
Fixed assets decreased by ¥1,133 million due to depreciation and impairment of vessels, while net assets also decreased by ¥788 million due to the net loss for the period and other factors. - FY2017-Q3First statedAnnual report
「Total assets at the end of the current third quarter of the consolidated fiscal year decreased by ¥893 million from the end of the previous consolidated fiscal year to ¥14,675 million. This mainly reflected a ¥14 million increase in current assets, primarily due to an increase in other current assets, while fixed assets decreased by ¥908 million, mainly due to impairment losses on vessels. Net assets decreased by ¥923 million from the end of the previous consolidated fiscal year to ¥4,479 million, mainly due to a ¥1,029 million decrease in shareholders' equity, including a quarterly net loss attributable to owners of the parent of ¥971 million, and a ¥101 million increase in total accumulated other comprehensive income, primarily due to an increase in the valuation difference on other securities.」
Fixed assets decreased by ¥908 million due to impairment and other factors related to vessels, while net assets also decreased by ¥923 million, mainly due to a quarterly net loss attributable to owners of the parent of ¥971 million.