Impairment Risk for Research and Development Equipment and Fixed Assets
First written in FY2023. 2 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 19 of 24 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The company makes acquisition decisions after thoroughly verifying the necessity and profitability of these assets in advance. However, if it determines that profitability has declined and sufficient cash flow cannot be generated because R&D does not produce sufficient benefits, business development does not proceed as planned, or there is a significant change in the business environment or business conditions, impairment losses on the relevant assets may affect the company's operating results.」
The company continues to face the risk of impairment resulting from lower profitability or insufficient cash flow from R&D equipment and other assets. - FY2024RestatedAnnual report
「The company makes acquisition decisions after thoroughly verifying the necessity and profitability of these assets in advance. However, if it determines that profitability has declined and sufficient cash flow cannot be generated because R&D does not produce sufficient benefits, business development does not proceed as planned, or there is a significant change in the business environment or business conditions, impairment losses on the relevant assets may affect the company's operating results.」
The company continues to face the risk of impairment of fixed assets resulting from lower profitability or insufficient cash flow from R&D equipment and other assets. - FY2023First statedAnnual report
「The company makes acquisition decisions after thoroughly verifying the necessity and profitability of these assets in advance. However, if it determines that profitability has declined and sufficient cash flow cannot be generated because R&D does not produce sufficient benefits, business development does not proceed as planned, or there is a significant change in the business environment or business conditions, impairment losses on the relevant assets may affect the company's operating results.」
The company discloses the possibility of impairment losses on fixed assets resulting from lower profitability or insufficient cash flow from R&D equipment and other assets.