Obsolescence of Testing Facilities and Investment Recovery
First written in FY2023. 5 of 7 entries say "Materialised", first in FY2025. Latest entry: FY2026.
Qualtec moved to the "Worse" side of this theme in 2025, 1 year after the typical company in this theme (2024).
The whole theme swung hardest in 2026: 19 of 24 companies on the "Worse" side.
26 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「For an asset group associated with a business that has continued to generate losses from operating activities, the Company reduced the carrying amount to the recoverable amount and recorded the reduction of ¥7.270 million as an impairment loss under extraordinary losses.」
As in the previous fiscal year, the Company recorded an impairment loss of ¥7.270 million on the asset group associated with the bio business, realizing the risk of recovering capital expenditures and impairment once again. - FY2026-H1MaterialisedAnnual report
「(Material impairment loss on fixed assets) Impairment loss: ¥5,949 thousand. (Note) The amount under “Other” relates to the bio business.」
During the interim accounting period, the company recorded a ¥5,949 thousand impairment loss on fixed assets related to the bio business in the Other Business. This follows the recognition of impairment losses on fixed assets in the previous fiscal year. - FY2025MaterialisedAnnual report
「For the fiscal year from 1 July 2024 to 30 June 2025, an impairment loss of ¥7,239 thousand was recorded as an extraordinary loss for an asset group relating to a business that has continued to generate negative operating results.」
The company recorded a ¥7,239 thousand impairment loss on fixed assets, demonstrating that investment recovery and impairment risks have materialized. - FY2024RestatedAnnual report
「If testing equipment becomes obsolete due to changes in the market environment or other factors and recovery of the investment becomes unlikely, this may affect our business results and financial position.」
The company continues to recognize the risks of testing-equipment obsolescence and investment recovery while expanding facilities and replacing equipment with newer models. - FY2023First statedAnnual report
「However, if testing equipment becomes obsolete due to changes in the market environment or other factors and recovery of the investment becomes unlikely, this may affect our business results and financial position.」
Although equipment is a source of differentiation, the company identifies the risks of obsolescence and failure to recover investments associated with aggressive capital expenditure.