Impairment of Property, Plant and Equipment Due to Insufficient Future Cash Flows
First written in FY2018. 6 of 13 entries say "Materialised", first in FY2019. Latest entry: FY2026.
The whole theme swung hardest in 2020: 51 of 96 companies on the "Worse" side.
- FY2026WorsenedAnnual report
「In the current consolidated fiscal year, based on the review of each grouping described above, the recoverable amount of operating assets was measured using value in use, and impairment losses were recognized because future cash flows were expected to be negative.」
Impairment losses increased from ¥160 million in the previous fiscal year to ¥698 million, with impairment recognized for multiple assets, including ¥333 million on construction in progress and ¥224 million on goodwill. - FY2026-H1WorsenedAnnual report
「The company recognized impairment losses of ¥333 million on construction in progress in the Property Business segment and ¥8 million on store assets in the Kimono-related Business segment.」
Impairment losses on property, plant and equipment and other assets totaled ¥342 million in the current interim consolidated accounting period, compared with none in the same period of the previous year. - FY2025MitigatedAnnual report
「The impairment loss comprised ¥118 million for buildings and structures, ¥4 million for tools, furniture and fixtures, ¥35 million for other intangible fixed assets, and ¥2 million for other investments and other assets.」
Impairment losses on property, plant and equipment and other assets decreased from ¥3,433 million in the same period of the previous year to ¥160 million. The ¥3,380 million impairment loss related to the geothermal power generation business recognized in the previous fiscal year did not occur in the current fiscal year. - FY2024WorsenedAnnual report
「In the current consolidated fiscal year, based on the review of each grouping described above, the recoverable amount of operating assets was measured using value in use, and impairment losses were recognized because future cash flows were expected to be negative.」
Impairment losses increased from ¥167 million in the same period of the previous year to ¥3,433 million. In addition to operating assets, the company recognized a ¥3,380 million impairment loss on construction in progress due to the geothermal power generation business failing to achieve its planned heat output. - FY2024-Q3MaterialisedAnnual report
「Impairment loss 0 6」
Impairment losses related to insufficient future cash flows for property, plant and equipment and other assets increased from ¥0 million in the same period of the previous year to ¥6 million for the cumulative current quarter. - FY2021MaterialisedAnnual report
「The impairment loss comprised ¥148 million for buildings and structures, ¥28 million for tools, furniture and fixtures, ¥4 million for other intangible assets, and ¥7 million for other investments.」
The risk of impairment due to insufficient future cash flows materialized for the full fiscal year, resulting in total impairment losses of ¥189 million. - FY2021-Q3MaterialisedAnnual report
「Impairment loss 3 53」
Regarding the risk of impairment of property, plant and equipment due to insufficient future cash flows and other factors, an impairment loss of ¥53 million was recognized for the cumulative third quarter of the current consolidated fiscal year. - FY2021-Q2MaterialisedAnnual report
「Impairment loss 46」
Regarding the risk of impairment of property, plant and equipment due to insufficient future cash flows and other factors, an impairment loss of ¥46 million was recognized for the cumulative second quarter of the current consolidated fiscal year. - FY2020-Q2MaterialisedAnnual report
「Impairment loss ¥3 million」
Regarding the risk of impairment of property, plant and equipment due to insufficient future cash flows and other factors, an impairment loss of ¥3 million was recognized for the cumulative second quarter of the current consolidated fiscal year. - FY2019MaterialisedAnnual report
「In the current consolidated fiscal year, based on the review of each grouping described above, the recoverable amount of operating assets was measured using value in use, and impairment losses were recognized because future cash flows were expected to be negative.」
The risk of impairment of property, plant and equipment and other assets due to insufficient future cash flows materialized, and impairment losses totaling ¥57 million were recognized, including ¥47 million for buildings and structures and ¥6 million for tools, furniture and fixtures. - FY2018First statedAnnual report
「If sufficient future cash flows cannot be expected due to changes in the surrounding environment or other factors, it may become necessary to recognize an impairment loss, which could affect our group’s results and financial position.」
The company discloses the risk of impairment due to insufficient future cash flows, particularly given its substantial holdings of property, plant and equipment in the Property Business.