Risk of Impairment of Fixed Assets
First written in FY2016. 5 of 7 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2026: 67 of 129 companies on the "Worse" side.
- FY2021RestatedAnnual report
「Our group holds substantial fixed assets in carrying out its business activities. Impairment losses may arise as a result of declines in the fair value of fixed assets caused by future economic fluctuations and other factors, or declines in the profitability of asset groups.」
The risk of impairment resulting from declines in the fair value and profitability of substantial fixed assets continues to be disclosed. - FY2019RestatedAnnual report
「In the future, the company may recognize a loss from impairment of fixed assets due to a decline in the fair value of fixed assets, a decline in the profitability of an asset group, or other factors.」
The possibility of impairment of fixed assets continues to be disclosed as a significant accounting estimate and risk. No impairment loss was recognized by segment during the fiscal year. - FY2018RestatedAnnual report
「In the future, the company may recognize a loss from impairment of fixed assets due to a decline in the fair value of fixed assets, a decline in the profitability of an asset group, or other factors.」
The possibility of impairment of fixed assets continues to be disclosed as a significant accounting estimate and risk. No impairment loss was recognized during the fiscal year. - FY2017RestatedAnnual report
「In the future, the company may recognize a loss from impairment of fixed assets due to a decline in the fair value of fixed assets, a decline in the profitability of an asset group, or other factors.」
The risk of impairment of fixed assets continues to be disclosed as a general accounting risk. This fiscal year, an impairment loss of ¥13.975 million was recognized in connection with the removal of an office. - FY2017-Q3RestatedAnnual report
「The impairment loss recognized for the current third-quarter cumulative consolidated period was ¥13.975 million.」
An impairment loss of ¥13.975 million related to the removal of an on-site office and its conversion into an open storage yard was recognized during the current cumulative period. The details of the impairment loss reported in the previous quarter are repeated. - FY2017-Q2MaterialisedAnnual report
「The company recognized an impairment loss in connection with removing some offices on its premises and converting the space into an open storage yard in preparation for an increase in bulk cargo, including coal, in the future.」
In the bulk cargo segment, an impairment loss of ¥13.975 million was actually recognized in connection with the removal of offices and conversion of the space into an open storage yard. - FY2016First statedAnnual report
「In the future, the company may recognize a loss from impairment of fixed assets due to a decline in the fair value of fixed assets, a decline in the profitability of an asset group, or other factors.」
The company identifies as accounting risks the monitoring of income and expenses by asset group, identification of indications of impairment, and determination of impairment losses.