Impairment accounting for idle software
First written in FY2020. 3 of 12 entries say "Advanced", first in FY2021-Q3. Latest entry: FY2026.
1 other company's latest entry also says "Other".
- FY2026Increase in impairment losses and expansion of scopeAnnual report
「Current consolidated fiscal year Tokyo and other locations; idle assets; software; ¥504 million Querétaro, Mexico; operating assets; machinery, buildings and other assets; ¥92 million」
Total impairment losses were ¥597 million. In addition to ¥504 million on idle software, the scope expanded to include ¥92 million on operating assets in Mexico. - FY2025Increase in impairment losses on idle softwareAnnual report
「Tokyo and other locations; idle assets; software; ¥300 million」
Impairment losses on idle software and other assets increased from ¥148 million in the previous fiscal year to ¥300 million. Whereas the previous fiscal year disclosed business restructuring related to the cancellation of the plant construction, the current period discloses impairment of idle assets. - FY2025-H1AdvancedAnnual report
「Subsequently, part of the losses anticipated in connection with the cancellation of the plant construction became eligible for exemption. Accordingly, ¥1,017 million of the anticipated reduction was recorded as extraordinary income. This related to the restructuring of part of the FA business segment, primarily comprising ¥827 million in anticipated losses from the disposal of assets, including inventories.」
While a ¥1,017 million reversal was recorded for the provision for business restructuring losses related to the cancellation of the plant construction in the previous fiscal year, a ¥827 million business restructuring loss related to the restructuring of part of the FA business was newly recorded. The scope of the restructuring and the related accounting treatment have become more specific. - FY2024ReframedAnnual report
「This was attributable to the cancellation of the construction of a plant by SURUGA SEIKI (FOSHAN) Co., LTD., a consolidated subsidiary of the Company. The breakdown was an impairment loss of ¥796 million and an addition to the provision for business restructuring losses of ¥1,100 million.」
The focus expanded from impairment of mainly idle software to business restructuring, including a ¥796 million impairment loss on idle assets arising from the cancellation of the plant construction in Foshan, China, and a ¥1,100 million addition to the provision for business restructuring losses. - FY2024-Q3Increase in impairment losses for the nine months ended Q3Annual report
「Impairment loss 147」
The impairment loss for the cumulative third quarter of the current consolidated fiscal year was ¥147 million, up from ¥44 million in the same period of the previous year. - FY2024-Q2Increase in impairment losses for the six months ended Q2Annual report
「Impairment loss 92」
The impairment loss for the cumulative second quarter of the current consolidated fiscal year was ¥92 million, up from ¥44 million in the same period of the previous year. - FY2023Decrease in full-year impairment lossesAnnual report
「Tokyo and other locations; idle assets; software and other assets; ¥44 million」
Impairment losses on idle assets and other assets were ¥44 million, down from ¥642 million in the previous fiscal year. - FY2023-Q3Decrease in impairment losses for the nine months ended Q3Annual report
「Impairment loss 44」
The impairment loss for the cumulative third quarter of the current consolidated fiscal year was ¥44 million, down from ¥421 million in the same period of the previous year. - FY2022Decrease in impairment lossesAnnual report
「Tokyo and elsewhere, idle assets, software and other assets, ¥642 million」
An impairment loss of ¥642 million was recorded on idle assets, including software. In the previous fiscal year, impairment losses were ¥1,132 million on idle assets and ¥2,168 million on operating assets, whereas in the current period they relate only to idle assets, resulting in a decrease in the impairment amount. - FY2021AdvancedAnnual report
「Current consolidated fiscal year: Tokyo and elsewhere, idle assets, software and other assets, ¥1,132 million; United States, Ohio and elsewhere, operating assets, buildings and structures and other assets, ¥2,168 million」
The Company recognized impairment losses of ¥1,132 million on idle assets and ¥2,168 million on operating assets in the United States and elsewhere, for a total of ¥3.3 billion. The scope expanded from the previous fiscal year’s impairment of idle software. - FY2021-Q3AdvancedAnnual report
「Impairment loss 1,132」
An impairment loss of ¥1.132 billion was recognized during the cumulative third quarter of the current fiscal year. The text does not provide details of the assets subject to the impairment. - FY2020First statedAnnual report
「Because the software is not expected to be sold or used in the future, its recoverable amount is assessed at zero. The breakdown includes ¥464 million of software.」
For idle software in Tokyo, the recoverable amount was assessed at zero because it was not expected to be used in the future, and an impairment loss of ¥464 million was recognized.