Risk of Impairment of Fixed Assets
First written in FY2017. 5 of 7 entries say "Materialised", first in FY2021. Latest entry: FY2026.
Kawanishi Warehouse moved to the "Worse" side of this theme in 2021, 1 year after the typical company in this theme (2020).
The whole theme swung hardest in 2017: 4 of 6 companies on the "Worse" side.
5 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「During the consolidated fiscal year, we determined that there were indications of impairment at several of our sales offices among the fixed assets described above. As the recoverable amount was below the carrying amount for 2 of our sales offices, in Minato-ku, Osaka, and Naka-ku, Yokohama, we recognized impairment losses relating to those offices.」
The Company recognized total impairment losses of ¥3.497 million on the sales offices in Minato-ku, Osaka, and Naka-ku, Yokohama, and the risk of impairment of fixed assets materialized during the fiscal year. - 2026-05-28MaterialisedGeneral Meeting of Shareholders
「当社の大阪市港区および横浜市中区にある営業所については、収益性が低下し、当該資産グループの固定資産簿価を回収できる可能性が低いと判断し、当該資産グループの帳簿価額を回収可能価額まで減額し、当該減少額を減損損失として特別損失に計上いたしました。」
大阪市港区および横浜市中区の営業所について、減損損失3,497千円を計上した。 - FY2025MaterialisedAnnual report
「For the sales office in Toyota, Aichi Prefecture, profitability had declined, and we determined that recovery of the carrying amount of the fixed assets of the asset group was unlikely. We therefore reduced the carrying amount of the asset group to its recoverable amount and recognized the reduction as an impairment loss under extraordinary losses.」
The Company recognized an impairment loss of ¥41.722 million on the sales office in Toyota, Aichi Prefecture, and the risk of impairment of fixed assets materialized during the fiscal year. - FY2023MaterialisedAnnual report
「For the sales office in Minato-ku, Osaka, profitability had declined, and we determined that recovery of the carrying amount of the fixed assets of the asset group was unlikely. We therefore reduced the carrying amount of the asset group to its recoverable amount and recognized the reduction as an impairment loss under extraordinary losses.」
The Company recognized an impairment loss of ¥67.770 million on the sales office in Minato-ku, Osaka, and the risk of impairment of fixed assets materialized during the fiscal year. - FY2021MaterialisedAnnual report
「For the sales office in Minato-ku, Osaka, operating income and loss has remained negative, and we determined that recovery of the carrying amount of the fixed assets of the asset group was unlikely. We therefore reduced the carrying amount of the asset group to its recoverable amount and recognized the reduction as an impairment loss.」
The Company recognized an impairment loss of ¥43.574 million on the sales office in Minato-ku, Osaka, due to continuing operating losses, and the risk of impairment of fixed assets materialized. - FY2019RestatedAnnual report
「If investment amounts can no longer be expected to be recovered because of a decline in future profitability or other factors, this may affect the financial position and operating results of the Group.」
The Company continues to describe the risk of impairment of fixed assets, including warehouses, due to declining profitability. - FY2017First statedAnnual report
「If investment amounts can no longer be expected to be recovered because of a decline in future profitability or other factors, this may affect the financial position and operating results of the Group.」
The Company states that impairment losses may arise on property, plant and equipment used in the business, including warehouses, if profitability declines.