Obsolescence of Rental Assets Due to Market Changes, Technological Innovation, and New Products from Competitors
First written in FY2017. 3 of 4 entries say "Restated". Latest entry: FY2023.
2 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「If rental assets become obsolete due to rapid changes in the market environment, technological innovation, the emergence of new products from competitors, or other factors, and impairment or disposal becomes necessary, this may affect the operating results and financial position of the Group.」
The risks of obsolescence, impairment, and disposal of rental assets continue to be described as business risks. - FY2020RestatedAnnual report
「If rental assets become obsolete due to rapid changes in the market environment, technological innovation, the emergence of new products from competitors, or other factors, and impairment or disposal becomes necessary, this may affect the operating results and financial position of the Group.」
The risks of obsolescence, impairment, and disposal of rental assets continue to be disclosed. - FY2018RestatedAnnual report
「If rental assets become obsolete due to rapid changes in the market environment, technological innovation, the emergence of new products from competitors, or other factors, and impairment or disposal becomes necessary, this may affect the operating results and financial position of the Group.」
The risks of obsolescence, impairment, and disposal of rental assets continue to be disclosed. - FY2017First statedAnnual report
「If rental assets become obsolete due to rapid changes in the market environment, technological innovation, the emergence of new products from competitors, or other factors, and impairment or disposal becomes necessary, this may affect the operating results and financial position of the Group.」
The possibility of obsolescence, impairment, and disposal arising from the ownership of substantial rental assets is described as a new business risk.