Declining Fixed-Asset Profitability and Impairment Risk
First written in FY2016. 5 of 16 entries say "Materialised", first in FY2016. Latest entry: FY2026.
The whole theme swung hardest in 2020: 61 of 114 companies on the "Worse" side.
- FY2026MitigatedAnnual report
「During the consolidated fiscal year, the Group recorded impairment losses on the following assets: buildings and structures, ¥8 million; machinery and transportation equipment, ¥5 million; and tools, furniture and fixtures, ¥6 million.」
The Company recorded an impairment loss of ¥20 million on operating assets in Hiroshima, Hiroshima Prefecture, a substantial decrease from ¥444 million in the previous fiscal year. The Company also added verification of investment returns and post-investment profitability monitoring as countermeasures. - 2026-05-18MitigatedEarnings
「Impairment loss 444 20」
Impairment losses decreased from ¥444 million in the previous fiscal year to ¥20 million, reducing the actual loss attributable to declining profitability of property, plant and equipment. - FY2024WorsenedAnnual report
「During the current consolidated fiscal year, our group recorded impairment losses on the following assets.」
The Company recorded total impairment losses of ¥94 million on operating assets and other assets in Hiroshima and Thailand, an increase from ¥8 million in the previous fiscal year. Declining profitability of operating assets in Thailand also materialized as an actual loss. - FY2022MitigatedAnnual report
「During the consolidated fiscal year, the Group recorded impairment losses on the following assets: machinery and transportation equipment, ¥6 million; and tools, furniture and fixtures, ¥2 million.」
The Company recorded an impairment loss of ¥8 million on operating assets in Hiroshima, a substantial decrease from ¥314 million in the previous fiscal year. Although the risk of declining fixed-asset profitability remains, the amount of the impact decreased. - FY2021MaterialisedAnnual report
「Of the ¥314 million in impairment losses recorded in the Mobility segment, ¥302 million is included in business restructuring losses under extraordinary losses.」
The Company recorded impairment losses of ¥314 million, mainly on operating assets in Inazawa and Mexico, indicating that the risk of declining fixed-asset profitability had materialized as an actual loss during the year as well. - FY2021-Q2WorsenedAnnual report
「In the Mobility segment, the Company recorded impairment losses on fixed assets of ¥540 million in connection with its decision to withdraw from the manufacturing business in Mexico.」
Following the decision to withdraw from the manufacturing business in Mexico, new impairment losses on fixed assets of ¥540 million were incurred, causing the impairment risk to materialize as an additional actual loss. - FY2020MaterialisedAnnual report
「The main factors included an increase of ¥414 million due to impairment losses.」
The Company recorded total impairment losses of ¥414 million on operating assets in Mexico and Hiroshima, indicating that the risk of declining fixed-asset profitability had materialized as an actual loss during the year as well. - FY2020-Q3RestatedAnnual report
「There were no occurrences of matters relating to the business, financial conditions or other items described in this quarterly report that could have a material impact on investors' decisions during the cumulative third quarter, and no significant changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No significant changes have been identified in the risks of declining fixed-asset profitability and impairment. - FY2019WorsenedAnnual report
「At the Inazawa plant and other locations in the Mobility segment, the Company was required to recognize impairment losses on fixed assets and recorded an extraordinary loss.」
The Company recorded impairment losses on fixed assets of ¥1,571 million, a substantial increase from ¥70 million in the previous fiscal year. - FY2019-Q3RestatedAnnual report
「There were no occurrences of matters relating to the business, financial conditions or other items described in this quarterly report that could have a material impact on investors' decisions during the cumulative third quarter, and no significant changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No significant changes have been identified in the risks of declining fixed-asset profitability and impairment. - FY2018MaterialisedAnnual report
「During the consolidated fiscal year, the Group recorded impairment losses on the following assets: buildings and structures, ¥6.112 million; machinery and transportation equipment, ¥55.121 million; tools, furniture and fixtures, ¥7.405 million; and intangible fixed assets, ¥2.289 million.」
The Company recorded total impairment losses of ¥70.928 million on operating assets in Hiroshima, indicating that the risk of declining fixed-asset profitability had materialized as an actual loss during the year as well. - FY2018-Q3RestatedAnnual report
「There were no occurrences of matters relating to the business, financial conditions or other items described in this quarterly report that could have a material impact on investors' decisions during the cumulative third quarter, and no significant changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No significant changes have been identified in the risks of declining fixed-asset profitability and impairment. - FY2018-Q2RestatedAnnual report
「There were no occurrences of matters relating to the business, financial conditions or other items described in this quarterly report that could have a material impact on investors' decisions during the cumulative second quarter, and no significant changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No significant changes have been identified in the risks of declining fixed-asset profitability and impairment. - FY2018-Q1RestatedAnnual report
「There were no new developments during the three-month cumulative consolidated period of the current fiscal year among matters concerning the business and financial conditions described in this quarterly report that could have a material impact on investors' decisions, nor were there any material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
No significant changes have been identified in the risks of declining fixed-asset profitability and impairment. - FY2017MaterialisedAnnual report
「During the current consolidated fiscal year, our group recorded impairment losses on the following assets.」
The Company also recorded an impairment loss of ¥19.618 million on operating assets in the Philippines during the consolidated fiscal year, indicating that the risk of declining profitability of fixed assets had materialized as an actual loss. - FY2016MaterialisedAnnual report
「The Group's fixed assets may become unrecoverable due to a decline in asset profitability or other factors. If this results in the recognition of impairment losses as prescribed under the Accounting Standard for Impairment of Fixed Assets, it may affect the Group's operating results and financial position.」
The Company recorded total impairment losses of ¥625.245 million in Inazawa, Aichi Prefecture, and other locations in Japan, as well as the Philippines, during the year, indicating that the risk had materialized as actual losses.