Impairment losses caused by uncertainty surrounding the outlook for the solar-power business
First written in FY2023-Q2. 1 of 2 entries say "Worsened", first in FY2023-Q3. Latest entry: FY2023-Q3.
The whole theme swung hardest in 2026: 66 of 128 companies on the "Worse" side.
- FY2023-Q3WorsenedAnnual report
「Although a gain on sales of securities of ¥43.9 billion was recorded as an extraordinary gain, mainly as a result of the sale of part of the cross-shareholdings, ¥27.5 billion in provision for antitrust-related loss and ¥11.7 billion in impairment losses on property, plant and equipment at subsidiaries and other entities were recorded as extraordinary losses.」
Impairment losses on property, plant and equipment at subsidiaries and other entities associated with the increasingly uncertain outlook for the solar power generation business and other businesses totaled ¥11.7 billion for the nine months ended the third quarter. The loss increased from ¥10,017 million in the previous disclosure. - FY2023-Q2First statedAnnual report
「Primarily with respect to property, plant and equipment, including construction in progress, related to a solar power generation business planned by a subsidiary classified under “Other” for segment reporting, an impairment loss was recognized because the outlook for the business became uncertain and the earnings initially expected could no longer be anticipated.」
An impairment loss of ¥10,017 million was recorded for the solar power generation business planned by a subsidiary because the business outlook became uncertain and the earnings initially anticipated could no longer be expected.