ティエムティ's Performance and Risk of Impairment Losses on Shares in Affiliates
First written in FY2023. 1 of 3 entries say "Materialised", first in FY2024. Latest entry: FY2025.
The whole theme swung hardest in 2024: 8 of 13 companies on the "Worse" side.
5 other companies' latest entry also says "Mitigated".
- FY2025Liquidation CompletedAnnual report
「TMT Co., Ltd., an affiliated company of the company, completed its liquidation as of 16 December 2024. Accordingly, the company recorded a loss on liquidation of an affiliated company of ¥0.」
Following the liquidation loss recognized in the previous fiscal year in connection with the dissolution of ティエムティ, liquidation was completed on 16 December 2024, and liquidation loss on investments in affiliates was ¥0 thousand for the current fiscal year. - FY2024MaterialisedAnnual report
「The ¥1,029.464 million loss on liquidation of an affiliated company arose from a resolution concerning the decision to dissolve TMT Co., Ltd., an affiliated company of the company. It comprised an allowance for doubtful accounts of ¥710.019 million against receivables from the affiliated company and an impairment loss of ¥319.444 million on shares of that company held by the company.」
TMT Co., Ltd.'s business deterioration and decision to dissolve actually occurred, and an allowance for doubtful accounts of ¥710.019 million and an impairment loss on shares of ¥319.444 million were recorded, for a total loss on liquidation of an affiliated company of ¥1,029.464 million. - FY2023First statedAnnual report
「As of the date of filing this document, the company has begun commercial shipments. However, if it fails to generate returns commensurate with its investment or incurs losses, additional impairment losses may arise on shares of an affiliated company, which had a balance of ¥319.444 million at the end of the fiscal year under review, potentially affecting the company's financial condition and operating results.」
The company discloses the possibility of additional impairment losses on ¥319.444 million of shares of an affiliated company because the investment may fail to be recovered or losses may arise even after commercial shipments begin.