Worsening Performance at Subsidiary and Impairment of Fixed Assets
First written in FY2018. 2 of 7 entries say "Materialised", first in FY2018. Latest entry: FY2026.
The whole theme swung hardest in 2026: 66 of 128 companies on the "Worse" side.
- FY2026MitigatedAnnual report
「Consolidated fiscal year (1 February 2025 to 31 January 2026) The information has been omitted because it is not material.」
For the subsidiary business that recognised an impairment loss of ¥155 million in the previous fiscal year, the current fiscal year’s segment information omitted disclosure of any material impairment loss. - FY2025WorsenedAnnual report
「In addition, for operating assets related to the subsidiary, the carrying amount of fixed assets was reduced to their recoverable amount because the profit or loss generated by the subsidiary’s operating activities had remained negative, and the resulting reduction of ¥155 million was recognised as an impairment loss.」
The impairment loss arising from the subsidiary’s continuing operating losses increased from ¥18.64 million to ¥155 million, with the risk once again materialising as an actual loss. - FY2023-Q3RestatedAnnual report
「There were no material impairment losses during the nine-month period of the current consolidated fiscal year.」
The company states that there were no material impairment losses during the nine-month period of the current consolidated fiscal year. - FY2023-Q1MitigatedAnnual report
「The Group’s subsidiaries performed on a recovery trend as the business environment improved and inquiries increased.」
The disclosure states that the business environment for the subsidiary improved, inquiries increased and performance was on a recovery trend, indicating an improvement in the deterioration in performance and impairment risk reported for the previous fiscal year. - FY2022RestatedAnnual report
「For operating assets related to the subsidiary, the carrying amount of fixed assets has been reduced to their recoverable amount because the profit or loss generated by the subsidiary’s operating activities has remained negative.」
The annual report also confirms that the subsidiary’s operating income remained negative and that an impairment loss of ¥18.64 million was recognised on operating assets in Miyazaki, Miyazaki Prefecture. - FY2022-Q3MaterialisedAnnual report
「For operating assets related to the subsidiary, the carrying amount of fixed assets has been reduced to their recoverable amount because the profit or loss generated by the subsidiary’s operating activities has remained negative.」
The subsidiary’s operating income remained negative, resulting in an impairment loss of ¥18.64 million on operating assets in Miyazaki, Miyazaki Prefecture. - FY2018MaterialisedAnnual report
「For operating assets related to the subsidiary, the carrying amount of fixed assets has been reduced to their recoverable amount because operating income has deteriorated and a short-term recovery in performance is not expected.」
The subsidiary’s operating income deteriorated and the prospect of a short-term recovery declined, resulting in an impairment loss of ¥18.325 million on operating assets.