Impairment Loss on Operating Assets of the Passenger Vessel Business
First written in FY2023-Q1. 5 of 10 entries say "Worsened", first in FY2023-Q2. Latest entry: FY2026.
Tokyo Kisen moved to the "Worse" side of this theme in 2022, 5 years after the typical company in this theme (2017).
2 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Passenger vessel business, tools, furniture and fixtures, ¥5.331 million」
Impairment of fixed assets in the passenger vessel business continued, but the amount recognized in the current fiscal year was ¥5.331 million, below the amount related to the passenger vessel business in the previous fiscal year. - FY2025-H1RestatedAnnual report
「In the passenger vessel business, an impairment loss was recognized on operating assets. The amount of the impairment loss recognized during the current interim consolidated accounting period was ¥12.705 million.」
An impairment loss of ¥12.705 million was recognized on operating assets of the passenger vessel business during the current interim consolidated accounting period. The impairment continued, but decreased from ¥21.040 million in the same period of the previous year. - FY2024Specified the scope as the car ferry division in the annual resultsAnnual report
「In the car ferry division of the passenger vessel business operating between Kurihama and Kanaya, passenger numbers have remained sluggish due to service cancellations caused by bad weather and a decline in group passengers. Accordingly, the carrying amount of fixed assets was written down to recoverable value, and the resulting reduction of ¥25.990 million was recognized as an impairment loss under extraordinary losses.」
For the ¥25.990 million impairment loss in the passenger vessel business, the annual results specify that the affected operation was the Kurihama-Kanaya car ferry division and that bad weather and a decline in group passengers were the underlying factors. - FY2024-Q3WorsenedAnnual report
「In the passenger vessel business, an impairment loss was recognized on operating assets. The amount of the impairment loss recognized during the cumulative third quarter of the current consolidated fiscal year was ¥25.990 million.」
The impairment loss in the passenger vessel business increased from ¥21.040 million for the cumulative second quarter of the current year to ¥25.990 million, with the amount of impairment recognized expanding further in the cumulative third quarter. - FY2024-Q2WorsenedAnnual report
「In the passenger vessel business, an impairment loss was recognized on operating assets. The amount of the impairment loss recognized during the cumulative second quarter of the current consolidated fiscal year was ¥21.040 million.」
The impairment loss on operating assets of the passenger vessel business was ¥21.040 million for the cumulative second quarter, up from ¥8.439 million in the same period of the previous year and ¥5.845 million in the first quarter of the current year. - FY2024-Q1WorsenedAnnual report
「In the passenger vessel business, an impairment loss was recognized on operating assets. The amount of the impairment loss recognized during the cumulative first quarter of the current consolidated fiscal year was ¥5.845 million.」
The impairment loss on operating assets of the passenger vessel business was ¥5.845 million in the first quarter, up from ¥4.674 million in the same quarter of the previous year. - FY2023RestatedAnnual report
「Because passenger numbers in both the Yokohama Port sightseeing boat business and the car ferry business between Kurihama and Kanaya have remained depressed and have not returned to pre-pandemic levels, the company reduced the carrying amount of fixed assets to their recoverable amount and recognised the reduction of ¥37.963 million as an impairment loss under extraordinary losses.」
The annual results also confirm an impairment loss of ¥37.963 million on operating assets across the passenger vessel business. - FY2023-Q3WorsenedAnnual report
「In the passenger vessel business, an impairment loss was recognized on operating assets. The amount of the impairment loss recognized during the cumulative third quarter of the current consolidated fiscal year was ¥37.963 million.」
The impairment loss on operating assets of the passenger vessel business increased from ¥8.439 million for the cumulative second quarter to ¥37.963 million for the cumulative third quarter. - FY2023-Q2WorsenedAnnual report
「In the passenger vessel business, an impairment loss was recognized on operating assets. The amount of the impairment loss recognized during the cumulative second quarter of the current consolidated fiscal year was ¥8.439 million.」
The impairment loss on operating assets of the passenger vessel business increased from ¥4.674 million in the first quarter to ¥8.439 million for the cumulative second quarter, indicating an increase in impairment risk. - FY2023-Q1MaterialisedAnnual report
「In the passenger vessel business, an impairment loss was recognized on operating assets. The amount of the impairment loss recognized during the cumulative first quarter of the current consolidated fiscal year was ¥4.674 million.」
An impairment loss of ¥4.674 million was recognized on operating assets of the passenger vessel business in the first quarter. As the scope differs from the existing impairment theme covering Yokohama Port sightseeing boats and the car ferry, retail and restaurant businesses, a new theme was created to cover the impairment of the passenger vessel business as a whole.