Uncertainty in Future Cash Flows Used to Assess Impairment of Fixed Assets
First written in FY2023. 1 of 2 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2020: 5 of 16 companies on the "Worse" side.
26 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Future cash flows used to determine whether to recognize an impairment loss and to calculate value in use are estimated based on budgets prepared reasonably in light of the business environment and other factors, taking into account the current use and usage plans of the asset groups. However, because these estimates involve a certain degree of uncertainty, they may affect the performance of the Group.」
Reconfirms the recognition that estimates of future cash flows based on budgets, current use and usage plans involve uncertainty. - FY2023First statedAnnual report
「Future cash flows used to determine whether to recognize an impairment loss and to calculate value in use are estimated based on budgets prepared reasonably in light of the business environment and other factors, taking into account the current use and usage plans of the asset groups. However, because these estimates involve a certain degree of uncertainty, they may affect the performance of the Group.」
Describes the potential impact on performance arising from uncertainty in estimates of future cash flows used to assess impairment of property, plant and equipment and calculate value in use, based on budgets, current use and usage plans.