Risk of Continued Operation and Losses at Unprofitable Clubs
First written in FY2017. 6 of 8 entries say "Materialised", first in FY2020. Latest entry: 2026-11-10.
Renaissance moved to the "Worse" side of this theme in 2020, 3 years after the typical company in this theme (2017).
The whole theme swung hardest in 2017: 21 of 27 companies on the "Worse" side.
14 other companies' latest entry also says "Worsened".
- 2026-11-10WorsenedRevision to earnings forecast
「なお、不採算施設の整理を含めた将来の投資配分の見直しに伴い、一部施設における退店等の損失発生の可能性を鑑み、親会社株主に帰属する当期純利益は前回発表予想を据えて置いております。」
不採算施設の整理と将来の投資配分見直しに伴う、一部施設の退店等による損失発生可能性を示した。 - FY2026MaterialisedAnnual report
「In light of the significant changes in the business environment for sports clubs, the Company decided to close 6 stores in urban locations where rent accounts for a high proportion of revenue and where a recovery in performance was considered unlikely, as well as 1 store due to the expiration of its lease agreement, and recognized all closure-related costs at once.」
In response to the risk of continued operation and losses at unprofitable facilities, the Company decided to close 6 stores and 1 store whose lease had expired, and recognized closure costs and impairment losses. - FY2025MaterialisedAnnual report
「Impairment loss: buildings and structures, ¥155,580 thousand; tools, furniture and fixtures, ¥101,312 thousand; total, ¥281,220 thousand」
An impairment loss of ¥281 million occurred for clubs and other facilities with persistently negative cash flow from operating activities. - FY2023MaterialisedAnnual report
「For the current consolidated fiscal year, the carrying amount of equipment at clubs where cash flow from operating activities has remained negative and at clubs for which a decision to close has been made was reduced to the recoverable amount, with the reduction recognized as an impairment loss under extraordinary losses.」
In addition to clubs in multiple regions, an impairment loss was recognized on the goodwill of BEACH TOWN, bringing the total impairment loss to ¥599 million. - FY2022MaterialisedAnnual report
「Impairment loss: ¥315,469 thousand」
An impairment loss of ¥315.469 million was recognized this fiscal year for clubs and other facilities with persistently negative cash flow from operating activities. - FY2021MaterialisedAnnual report
「For the current consolidated fiscal year, an impairment loss of ¥3,817,512 thousand was recognized for equipment at clubs where cash flow from operating activities has remained negative and at clubs for which a decision to close has been made.」
An impairment loss of ¥3,817 million actually occurred on equipment at unprofitable facilities and facilities slated for closure. - FY2020MaterialisedAnnual report
「The carrying amount of equipment at clubs where cash flow from operating activities has remained negative and at clubs for which a decision to close has been made is reduced to the recoverable amount, with each reduction recognized as an impairment loss under extraordinary losses.」
Impairment losses were recognized for facilities including 9 clubs in Tokyo, 1 club in Kyoto and 1 club in Vietnam, due to persistently negative cash flow from operating activities and other factors. - FY2017First statedAnnual report
「Some of these clubs are unprofitable, but there may be cases in which operations must be continued for the time being even after taking the resulting losses into account.」
It was stated that some clubs subject to lease agreements are unprofitable and may continue operating for the time being even after taking the losses into account.