Risks of Changes in the Value of Assets Held and Impairment
First written in FY2016. 11 of 17 entries say "Restated". Latest entry: FY2026.
Sanritsu moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2019: 24 of 52 companies on the "Worse" side.
9 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The estimated future cash flows used in this determination are based on business plans for the following fiscal year and beyond. In particular, the estimates of handled volumes, based on forecasts of orders from customers susceptible to certain economic trends, and estimates of cost of sales use assumptions involving uncertainty, and management's judgments regarding these matters may have a material impact on estimates of future cash flows.」
Regarding impairment testing for property, plant and equipment, the company explicitly identified the uncertainty that forecasts of orders and handled volumes from customers susceptible to economic cycles may have a material impact on future cash flows. - FY2022WorsenedAnnual report
「In the rental building business, demand for rental offices declined as corporate performance deteriorated due to the spread of COVID-19 and telework became more widespread. As a result, occupancy rates fell, and some rental buildings recorded negative operating income for the previous and current consolidated fiscal years.」
The decline in rental building occupancy rates resulted in some properties recording negative operating income in the previous and current fiscal years, crystallizing the risk of identifying indications of impairment of property, plant and equipment. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company has disclosed that there have been no material changes in the risks of fluctuations in the value of assets held and impairment. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company has disclosed that there have been no material changes in the risks of fluctuations in the value of assets held and impairment. - FY2021-Q3MaterialisedAnnual report
「Due to a significant decline in the market value of shares held, the company recognized a special loss of ¥16 million as a valuation loss on investment securities.」
The company has again disclosed the recognition of a ¥16 million valuation loss on investment securities due to a decline in the market value of shares held. - FY2021-Q2MaterialisedAnnual report
「Due to a significant decline in the market value of shares held, the company recognized a special loss of ¥16 million as a valuation loss on investment securities.」
A decline in the market value of shares held continued to actually result in a ¥16 million valuation loss on investment securities. - FY2021-Q1MaterialisedAnnual report
「Due to a significant decline in the market value of shares held, the company recognized a special loss of ¥16 million as a valuation loss on investment securities.」
Under the risks of fluctuations in the value of assets held and impairment, a decline in the market value of shares held actually resulted in a ¥16 million valuation loss on investment securities. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company has disclosed that there have been no material changes in the risks of fluctuations in the value of assets held and impairment. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company has disclosed that there have been no material changes in the risks of fluctuations in the value of assets held and impairment. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company has disclosed that there have been no material changes in the risks of fluctuations in the value of assets held and impairment. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company has disclosed that there have been no material changes in the risks of fluctuations in the value of assets held and impairment. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company has disclosed that there have been no material changes in the risks of fluctuations in the value of assets held and impairment. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company has disclosed that there have been no material changes in the risks of fluctuations in the value of assets held and impairment. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company has disclosed that there have been no material changes in the risks of fluctuations in the value of assets held and impairment. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company has disclosed that there have been no material changes in the risks of fluctuations in the value of assets held and impairment. - FY2017RestatedAnnual report
「If the value of assets held by the Group, including land, buildings and investment securities, fluctuates significantly due to economic conditions or other factors, realized gains or losses from the sale of such assets and impairment losses on property, plant and equipment may affect the Group's financial results.」
The risks of fluctuations in the value of land, buildings and investment securities held, gains or losses on sale and impairment losses remain. - FY2016First statedAnnual report
「If the value of assets held by the Group, including land, buildings and investment securities, fluctuates significantly due to economic conditions or other factors, realized gains or losses from the sale of such assets and impairment losses on property, plant and equipment may affect the Group's financial results.」
The company describes the possibility of fluctuations in the value of land, buildings and investment securities held, as well as gains or losses on sale and impairment losses.