Risks of Store Closures and Impairment at Unprofitable Stores
First written in FY2016. 11 of 27 entries say "Worsened", first in FY2017-Q2. Latest entry: 2026-10-15.
TETSUJIN Holdings moved to the "Worse" side of this theme in 2019, 2 years after the typical company in this theme (2017).
The whole theme swung hardest in 2024: 19 of 32 companies on the "Worse" side.
11 other companies' latest entry also says "Materialised".
- FY2026-H1MitigatedAnnual report
「Tokyo Karaoke stores 2 stores Buildings and other assets 15,132 Ehime Prefecture Karaoke store 1 store Buildings and other assets 1,456 Total 16,588」
Impairment losses for the interim period were ¥16.6 million, a substantial decrease from ¥190.3 million in the same period of the previous year. Impairment risk relating to unprofitable stores has materialized, but the amount has declined. - FY2025WorsenedAnnual report
「During the current consolidated fiscal year, the Company also recognized ¥329 million in impairment losses.」
The Company recognized a total of ¥329.546 million in impairment losses across the Karaoke, Food Service, and Beauty businesses, a substantial increase from ¥1.925 million in goodwill impairment in the Beauty business in the previous fiscal year. - FY2025-H1WorsenedAnnual report
「In the Karaoke Room Operations and Food Service segments, the Company recognized impairment losses on fixed assets. The amount recognized was ¥190.309 million for the cumulative interim period of the current consolidated fiscal year.」
The Karaoke and Food Service segments incurred ¥190.3 million in impairment losses on fixed assets, and impairment risk arising from deteriorating store profitability has again become more pronounced. - FY2024-Q1MaterialisedAnnual report
「The amount of goodwill decreased because the Company recognized impairment losses on goodwill in the Beauty segment. The decrease in goodwill attributable to this event was ¥1.925 million for the cumulative first quarter of the current consolidated fiscal year.」
The Beauty business incurred ¥1.925 million in impairment losses on goodwill, and impairment risk relating to acquired businesses and stores materialized again during the quarter. - FY2023-Q2MitigatedAnnual report
「Not applicable.」
Segment information for the cumulative second quarter of the current consolidated fiscal year shows no impairment losses on fixed assets, and the impairment that materialized in the previous consolidated fiscal year was not observed during the period. - FY2022RestatedAnnual report
「During the current consolidated fiscal year, the Company also recognized ¥205 million in impairment losses.」
Impairment risk at unprofitable stores and elsewhere materialized over the full fiscal year, resulting in ¥205 million in impairment losses, including ¥163 million at 18 karaoke stores and ¥21 million in goodwill in the Beauty business. - FY2022-Q3WorsenedAnnual report
「For the cumulative third quarter of the current fiscal year, the Company recognized impairment losses on fixed assets of ¥163.617 million in the Karaoke Room Operations segment, ¥12.482 million in the Food Service segment, and ¥29.663 million in the Beauty segment.」
The Company recognized a total of ¥205.762 million in impairment losses on fixed assets across the Karaoke, Food Service, and Beauty segments, and impairment became more pronounced. - FY2022-Q2WorsenedAnnual report
「In the Karaoke Room Operations and Food Service segments, the Company recognized impairment losses on fixed assets. The amount recognized was ¥47.222 million for the cumulative second quarter of the current consolidated fiscal year.」
The Karaoke Room Operations and Food Service businesses incurred ¥47.222 million in impairment losses on fixed assets, with impairment risk continuing to materialize. - FY2022-Q1WorsenedAnnual report
「In the Karaoke Room Operations segment, the Company recognized impairment losses on fixed assets. The amount recognized was ¥34.740 million for the cumulative first quarter of the current consolidated fiscal year.」
The Company recognized ¥34.740 million in impairment losses on fixed assets in the Karaoke Room Operations business, whereas none had been recognized in the first quarter of the previous fiscal year. - FY2021-Q3MitigatedAnnual report
「 Impairment loss —」
No impairment losses were recognized in the quarterly consolidated income statement for the cumulative third quarter of the current consolidated fiscal year, representing a reduction from the large impairment losses incurred in the previous fiscal year. - FY2020WorsenedAnnual report
「During the current consolidated fiscal year, the Company recognized ¥33 million in losses on the disposal of fixed assets at 12 stores and ¥333 million in impairment losses at 19 stores.」
At unprofitable stores and elsewhere, the Company incurred ¥333 million in impairment losses at 19 stores and ¥33 million in losses on the disposal of fixed assets at 12 stores. Impairment losses for the consolidated group as a whole also totaled ¥398 million. - FY2020-Q3WorsenedAnnual report
「In the Karaoke and Food Service segment, the Company recognized impairment losses on fixed assets. The amount recognized was ¥44.542 million for the cumulative third quarter of the current consolidated fiscal year.」
Impairment losses on fixed assets increased from ¥44.542 million in the cumulative second quarter to ¥81.437 million in the cumulative third quarter on the income statement, indicating an increase in impairment. - FY2020-Q2WorsenedAnnual report
「In the Karaoke and Food Service segment, the Company recognized impairment losses on fixed assets. The amount recognized was ¥44.542 million for the cumulative second quarter of the current consolidated fiscal year.」
Impairment losses on fixed assets increased from ¥7.642 million in the cumulative period of the same quarter of the previous year to ¥44.542 million. - FY2020-Q1MitigatedAnnual report
「In the Karaoke and Food-Service Operations segment, we recorded impairment losses on fixed assets. The amount recorded during the first quarter of the current consolidated cumulative period was ¥4.692 million.」
Impairment losses on fixed assets continued to be recognized, but declined from ¥7.642 million in the same quarter of the previous year to ¥4.692 million. - FY2019-Q3WorsenedAnnual report
「In the Karaoke Room Operations segment, we recorded impairment losses on fixed assets. The amount recorded during the third quarter of the current consolidated cumulative period was ¥12.064 million.」
The Karaoke Room Operations business recorded ¥12.064 million in impairment losses on fixed assets, an increase from ¥7.642 million in the cumulative period through the previous quarter. - FY2019-Q2RestatedAnnual report
「In the Karaoke Room Operations segment, we recorded impairment losses on fixed assets. The amount recorded during the second quarter of the current consolidated cumulative period was ¥7.642 million.」
The company continues to disclose the recording of ¥7.642 million in impairment losses related to unprofitable stores and assets. - FY2019-Q1MaterialisedAnnual report
「In the Karaoke Room Operations segment, we recorded impairment losses on fixed assets. The amount recorded during the first quarter of the current consolidated cumulative period was ¥7.642 million.」
The impairment risk relating to unprofitable stores and assets materialized again during the quarter, and ¥7.642 million in impairment losses on fixed assets was recorded. - FY2018MitigatedAnnual report
「Assets for which impairment losses were recorded during the consolidated fiscal year: Tokyo, Voice Nishiazabu store, karaoke store, buildings and other assets, 6,040; Tokyo, head office, corporate-wide, software, 4,026; total, 10,066」
Impairment losses fell sharply from ¥1,305 million in the previous fiscal year to ¥10 million in the current fiscal year, reflecting progress in closing unprofitable stores and disposing of assets. - FY2018-Q3MitigatedAnnual report
「As part of its shift toward growth, the company actively closed unprofitable stores. As a result of closing 7 stores, the total number of stores for the period was 56.」
The company addressed deteriorating store profitability by actively closing unprofitable stores, closing 7 stores. - FY2017WorsenedAnnual report
「We also recorded impairment losses of ¥1,305 million during the consolidated fiscal year.」
Impairment losses related to unprofitable stores and other assets increased from ¥548 million in the previous fiscal year to ¥1,305 million, with impairment arising on a large number of assets, including those at 14 stores. - FY2017-Q3MaterialisedAnnual report
「Meanwhile, Gyotoku store, whose profitability had deteriorated, was closed.」
The company actually closed Gyotoku store after its profitability deteriorated. - FY2017-Q2WorsenedAnnual report
「In the Karaoke Room Operations segment, we recorded impairment losses on fixed assets. The amount recorded during the second quarter of the current consolidated cumulative period was ¥108.172 million.」
Impairment losses on fixed assets were also recorded during the cumulative second quarter, amounting to ¥108.172 million, exceeding ¥37.593 million in the same period of the previous year. - FY2017-Q1MaterialisedAnnual report
「In the Karaoke Room Operations segment, we recorded impairment losses on fixed assets. The amount recorded during the first quarter of the current consolidated cumulative period was ¥61.311 million.」
The Karaoke Room Operations business incurred ¥61.311 million in impairment losses on fixed assets during the quarter. - FY2016First statedAnnual report
「During the consolidated fiscal year, we recorded impairment losses for 20 stores.」
The company states that stores generating less revenue than planned may be closed and incur restoration costs, disposal costs, and additional impairment losses, and that impairment losses of ¥548 million were recorded during the fiscal year.