Impairment risk relating to business sites and new equipment investments
First written in FY2023. 1 of 2 entries say "Materialised", first in FY2025. Latest entry: FY2025.
Fuluhashi Epo moved to the "Worse" side of this theme in 2025, 5 years after the typical company in this theme (2020).
The whole theme swung hardest in 2025: 43 of 77 companies on the "Worse" side.
60 other companies' latest entry also says "Materialised".
- FY2025MaterialisedAnnual report
「The carrying amount of business assets has been reduced to their recoverable amount because, due to changes in the business environment, they were no longer considered recoverable over the estimated period of future cash flows.」
The Company recognized an impairment loss of ¥46,415 thousand on the resource circulation business assets of Kashiwa Recycling Garden, including buildings and structures, machinery and equipment, and vehicles. The impairment risk previously disclosed has materialized. - FY2023First statedAnnual report
「The Group plans to invest in new recycling treatment facilities in the future. Although it conducts market research and prepares business plans when deciding on such investments, there is no guarantee that conditions will develop as assumed by the Company. If weak conditions persist, they may weigh on performance and give rise to impairment risk.」
The disclosure identifies the risk of impairment losses if profitability declines or market prices fall at existing or newly established recycling treatment facilities.