Discontinuation and Impairment of Dairy Plant Equipment Following the Outsourcing of Milk Production to OEM Manufacturers
First written in FY2021. 1 of 2 entries say "Advanced", first in FY2025. Latest entry: FY2025.
The whole theme swung hardest in 2019: 6 of 13 companies on the "Worse" side.
1 other company's latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「Because the equipment used to manufacture yogurt was taken out of service as production was reduced, the company recorded an impairment loss on the related assets.」
Following the shift of milk production to OEM manufacturing, the company discontinued equipment use in connection with reduced yogurt production and recorded an impairment loss of ¥2.163 million on buildings, machinery and equipment, and software. - FY2021First statedAnnual report
「In connection with the shift to OEM manufacturing of pasteurized milk production, which was approved by management on 28 July 2021, the equipment used to manufacture the relevant products at the Nasu dairy plant was taken out of service. Accordingly, the carrying amounts of the related assets were reduced to their recoverable amounts, and the resulting impairment loss was recorded as an extraordinary loss.」
Following the discontinuation of equipment use associated with the shift of milk production to OEM manufacturing, the company recorded an impairment loss of ¥38.047 million on related equipment at the Nasu dairy plant. It also recorded a ¥22.860 million provision for business structure improvement.