Impairment Losses Due to Deteriorating Profitability at Business Locations
First written in FY2018. 5 of 8 entries say "Materialised", first in FY2018. Latest entry: 2026-09-04.
Senshu Electric moved to the "Worse" side of this theme in 2026, 6 years after the typical company in this theme (2020).
The whole theme swung hardest in 2025: 43 of 77 companies on the "Worse" side.
60 other companies' latest entry also says "Materialised".
- 2026-09-04MaterialisedEarnings
「During the nine months ended 31 December 2026, the carrying amount of business-use assets was reduced to their recoverable amount due to a decline in profitability, and the reduction of ¥89 million was recorded as an impairment loss under extraordinary losses.」
The company reported an impairment loss of ¥89 million on business-use assets in Michigan, U.S., due to declining profitability. - FY2026-H1MaterialisedAnnual report
「During the current interim consolidated accounting period, the carrying amount of operating assets was reduced to the recoverable amount because their profitability had declined. The decrease of ¥88 million was recognized as an impairment loss and recorded under extraordinary losses.」
As profitability declined for operating assets in Michigan, United States, an impairment loss of ¥88 million was recognized on buildings, machinery and equipment, leased assets and other assets. - 2026-06-04MaterialisedEarnings
「During the current interim consolidated accounting period, the carrying amount of operating assets was reduced to the recoverable amount because their profitability had declined. The decrease of ¥88 million was recognized as an impairment loss and recorded under extraordinary losses.」
An impairment loss of ¥88 million was actually incurred on business-use assets in Michigan, U.S., due to declining profitability. - FY2025RestatedAnnual report
「The Group owns property, plant and equipment related to each sales office. Impairment losses could arise from a sustained deterioration in operating income or a significant decline in the market price of land, which is a principal asset.」
The risk of impairment losses due to deteriorating profitability at sales offices and declining land prices is restated. - FY2022MitigatedAnnual report
「Because a decision was made to sell the recreation facility described above, its carrying amount was reduced to the recoverable amount. The decrease of ¥15 million was recognized as an impairment loss and recorded under extraordinary losses. The recoverable amount of this asset group was measured based on its net selling price, which was calculated using the planned sale price and other factors. The sale of the asset has been completed.」
The sale of the recreation facility for which an impairment loss of ¥15 million was recognized has been completed. - FY2022-Q3MaterialisedAnnual report
「Because a decision was made to sell the recreation facility described above, its carrying amount was reduced to the recoverable amount. The decrease of ¥15 million was recognized as an impairment loss and recorded under extraordinary losses.」
An impairment loss of ¥15 million was actually recognized on the recreation facility in Sumoto City, Hyogo Prefecture, following the decision to sell it. - FY2020RestatedAnnual report
「The Group owns the land used for each operating site, but the fair value of some properties has declined below their acquisition cost. If the profitability of an individual operating site deteriorates, an impairment loss could arise.」
The risk of impairment losses due to deteriorating profitability at operating sites is restated as a risk item. - FY2018MaterialisedAnnual report
「During the current consolidated fiscal year, the carrying amount was reduced to the recoverable amount because the relocation of an operating site resulted in a significant decline in its recoverable amount. The decrease of ¥488 million was recognized as an impairment loss and recorded under extraordinary losses.」
Following the relocation of operating sites, an impairment loss totaling ¥488 million was actually recognized on assets in Kita Ward, Saitama City, and Takamatsu City, Kagawa Prefecture.