Fixed Asset Impairment Risk at Company-Operated Stores
First written in FY2024. 1 of 2 entries say "Mitigated", first in FY2025. Latest entry: FY2025.
The whole theme swung hardest in 2026: 67 of 129 companies on the "Worse" side.
35 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「At the end of the current fiscal year, the number of all company-operated locations, the number of locations where impairment indicators were identified, and the carrying amount of fixed assets were as follows. All company-operated locations: 23 / 1,427,763 / — Locations where impairment indicators were identified: — / — / —」
Although the number of company-operated locations increased, no impairment indicators were identified at any locations in the current fiscal year, compared with 2 locations in the previous fiscal year, and no impairment loss was recorded. - FY2024First statedAnnual report
「However, un-discounted future cash flows are estimates based on past results and other factors and were judged reasonable by management after considering recent membership trends and other factors. If forecasts concerning membership trends and other factors differ materially, this could affect impairment losses in the following fiscal year.」
The company discloses a criterion under which losses for 2 consecutive fiscal years indicate impairment, a useful life of 10 years and a carrying amount of ¥745,051 thousand for company-operated locations, while reporting no impairment loss for the current period.