Risk of Impairment Losses on Fixed Assets
First written in FY2021. 6 of 10 entries say "Materialised", first in FY2025-H1. Latest entry: FY2026.
The whole theme swung hardest in 2020: 63 of 115 companies on the "Worse" side.
- FY2026MaterialisedAnnual report
「Impairment loss 1,432,173」 Golf course in Tomika, Kamo District, Gifu Prefecture 634,059」 Golf course in Seki, Gifu Prefecture 245,764」 Golf course in Tsu, Mie Prefecture 384,052」
Regarding the risk of impairment of fixed assets, an impairment loss of ¥1,432.173 million was recorded in the current fiscal year. This was a substantial increase from ¥635 thousand in the previous fiscal year and was recorded mainly for 3 golf courses. - FY2025MaterialisedAnnual report
「In the current consolidated fiscal year, the Company recorded an impairment loss on fixed assets of ¥635 thousand in the Mobile Communications-Related Business segment.」
Regarding the impairment risk resulting from a decrease in expected future cash flows from fixed assets and other factors, an impairment loss of ¥635 thousand was recorded for the full fiscal year. - FY2025-H1MaterialisedAnnual report
「Impairment loss - 12,071」
Regarding the impairment risk previously disclosed as a potential consequence of a decrease in expected future cash flows from fixed assets and other factors, an impairment loss of ¥12.071 million was recorded in the current interim period. - FY2024RestatedAnnual report
「However, if expected future cash flows decrease as a result of future changes in the operating environment, impairment losses may affect the Group's financial position and operating results.」
The risk of impairment due to a decrease in expected future cash flows from fixed assets continues to be disclosed as both a business and other risk and a significant accounting estimate. - FY2024-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The filing states that there have been no new developments or material changes in existing business and other risks, including the risk of impairment of fixed assets. - FY2024-Q1RestatedAnnual report
「During the three-month period ended June 30, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
The filing states that there have been no new developments or material changes in existing business and other risks, including the risk of impairment of fixed assets. - FY2021First statedAnnual report
「The Group holds fixed assets, including property, plant and equipment and intangible assets. It applies impairment accounting to these assets and tests whether their carrying amounts can be recovered through the future cash flows generated by the assets. Assets requiring impairment are accounted for appropriately. However, if expected future cash flows decrease as a result of future changes in the operating environment, impairment losses may affect the Group's financial position and operating results.」
The risk that impairment accounting may affect the financial position and operating results due to a decrease in expected future cash flows from fixed assets was explicitly identified as a business and other risk.