Inventory valuation loss and software impairment loss in the telecommunications network business
First written in FY2017-Q1. 4 of 8 entries say "Mitigated", first in FY2017. Latest entry: FY2024.
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- FY2024MitigatedAnnual report
「During the consolidated fiscal year, the Group recognized impairment losses on the following asset groups.」
Impairment losses totaled ¥116 million, comprising ¥3 million in the communications business and ¥113 million in the store services business, down from ¥202 million in the previous fiscal year. - FY2022MitigatedAnnual report
「During the consolidated fiscal year, the Group recognized impairment losses on the following asset groups.」
Impairment losses totaled ¥116 million, comprising ¥4 million in the communications business and ¥111 million in the store services business, down from ¥166 million in the previous fiscal year. - FY2021MitigatedAnnual report
「During the consolidated fiscal year, the Group recognized impairment losses on the following asset groups.」
Impairment losses totaled ¥166 million, comprising ¥21 million in the communications business and ¥145 million in the store services business, down from ¥482 million in the previous fiscal year. - FY2020Re-recording of impairment losses in the communications businessAnnual report
「Communications business Operating assets Shinagawa-ku and Shibuya-ku, Tokyo Software 123」
Regarding the impairment loss deemed immaterial in the previous fiscal year, impairment losses including ¥123 million on software and other assets in the communications business have been recorded in the current fiscal year. - FY2017MitigatedAnnual report
「As impairment losses were not material in the current fiscal year, disclosure has been omitted.」
Regarding the ¥546 million impairment loss recorded in the communications network business in the previous fiscal year, no material impairment loss in that business has been disclosed for the current fiscal year. - FY2017-Q3RestatedAnnual report
「Meanwhile, amid the rapid expansion of the business, the communications network business experienced an increase in irrecoverable receivables, inventory valuation losses and impairment losses, mainly on software, in the previous consolidated fiscal year, and continued efforts to improve the situation during the first quarter of the current fiscal year.」
It reiterates that uncollectible receivables, inventory valuation losses and software impairment arose in the previous fiscal year, as well as the efforts to improve performance. - FY2016Specification of the impairment amountAnnual report
「In the “Communications Network Business” segment, we recorded an impairment loss of ¥546.818 million on assets related to certain services whose profitability had declined and whose future cash flows were expected to be negative.」
The disclosure specifies the full-year impairment loss for the communications network business as ¥546.818 million and provides details of the assets involved. - FY2017-Q1First statedAnnual report
「At the same time, as the business expanded rapidly, the communications network business incurred an increase in uncollectible receivables, inventory valuation losses and impairment losses, primarily on software.」
It states that, as the business expanded rapidly, inventory valuation losses and impairment losses, primarily on software, were actually incurred.