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Gecoss (9991) · RiskMaterialised

Declining Profitability and Fair Value of Fixed Assets

First written in FY2016. 2 of 5 entries say "Restated". Latest entry: FY2022.

5entries
7years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2020MaterialisedFY2022-Q2 – FY20222016: 120162017: 020172018: 020182019: 120192020: 120202021: 120212022: 12022
Same theme, other companies
Recognition of impairment losses on fixed assets (including equipment at unprofitable stores)A theme 341 companies write about · 346 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2026: 67 of 129 companies on the "Worse" side.

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 197 companies compared. The sentences above are computed from all 197.Comparing 200 of the theme's 346 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2022MaterialisedAnnual report

    「For land, buildings and other assets held in the Hokkaido region, the carrying amounts were reduced to their recoverable amounts following a decline in the profitability of the heavy temporary construction business in the region, and the resulting reduction was recorded as an impairment loss under extraordinary losses.」

    The risk of lower fixed-asset profitability materialised in the form of impairment losses of ¥411 million in the Hokkaido region and ¥56 million on idle assets in Shiroi, Chiba Prefecture.
  2. FY2022-Q2MaterialisedAnnual report

    「Due to the idling of the relevant asset following the demolition of an aging warehouse, its carrying amount was reduced to its recoverable amount.」

    The risk of lower fixed-asset profitability and asset value materialised in the form of a ¥56 million impairment loss recorded on idle assets in Shiroi, Chiba Prefecture.
  3. FY2020RestatedAnnual report

    「A decline in the value of fixed assets owned by the group due to lower profitability or declines in fair value may affect its operating results and financial position.」

    The group reiterates the risk of declines in asset value resulting from lower profitability and fair value of fixed assets.
  4. FY2019RestatedAnnual report

    「A decline in the value of fixed assets owned by the group due to lower profitability or declines in fair value may affect its operating results and financial position.」

    The group reiterates the risk of declines in the profitability and fair value of fixed assets.
  5. FY2016First statedAnnual report

    「A decline in the value of fixed assets owned by the group due to lower profitability or declines in fair value may affect its operating results and financial position.」

    The group owns fixed assets including factories, land and construction machinery for rental.
Moved together

"Fluctuations in the Purchase and Selling Prices of H-Beams and Other Steel Materials" moved the same way as this thread, in the same document, in 2 of its 5 moves.

22★12
  1. ★This thread
  2. 1Fluctuations in the Purchase and Selling Prices of H-Beams and Other Steel Materials2×
  3. 2Recovery in Domestic and Overseas Demand and a Gradual Recovery Trend2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Gecoss's next results are scheduled for 2026-11-05. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Declining Profitability and Fair Value of Fixed Assets | GECOSS CORPORATION (9991) | Komori