Impairment Losses Due to Declining Store Profitability
First written in FY2016. 13 of 23 entries say "Restated". Latest entry: 2026-10-02.
Brass 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 2025: 32 of 75 companies on the "Worse" side.
19 other companies' latest entry also says "Materialised".
- FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It is stated that there has been no material change regarding the risk of impairment losses due to declining store profitability. - FY2025MaterialisedAnnual report
「For stores where losses arising from operating activities have remained negative and are expected to remain negative, the carrying amounts were reduced to recoverable amounts, and the reductions, totaling ¥218.394 million, were recognized as impairment losses under extraordinary losses.」
Impairment losses of ¥218.394 million were recognized for 1 store in eastern Japan and 5 stores in western Japan due to declining store profitability. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It is stated that there has been no material change regarding the risk of impairment losses due to declining store profitability. - FY2024-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It is stated that there has been no material change regarding impairment losses due to declining store profitability. - FY2023MaterialisedAnnual report
「As a result, net income attributable to owners of the parent was ¥722.125 million, reflecting net sales of ¥13,260.522 million, operating income of ¥1,173.482 million, ordinary income of ¥1,201.285 million, and impairment losses of ¥407.434 million for the current consolidated fiscal year.」
Impairment losses due to declining profitability at stores and other facilities, previously identified as a risk, amounted to ¥407.434 million in total for 1 store in eastern Japan and 2 consolidated subsidiaries. - FY2023-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It is stated that there has been no material change regarding impairment losses due to declining store profitability. - FY2022RestatedAnnual report
「The Company owns fixed assets, including buildings, and seeks to improve operating efficiency by regularly assessing each store for indications of impairment. However, if profitability declines significantly in the future due to changes in the market environment or other factors, making recovery of the investment amount unlikely, an impairment loss may arise and affect the Company's results of operations and financial position.」
The Company continues to disclose the risk of impairment due to declining profitability while assessing each store for indications of impairment. No impairment loss was recognized in the current fiscal year. - FY2021MaterialisedAnnual report
「For stores where losses arising from operating activities have remained negative and are expected to remain negative, the carrying amounts were reduced to recoverable amounts, and the reductions, totaling ¥221.708 million, were recognized as impairment losses under extraordinary losses.」
Impairment losses due to declining store profitability amounted to ¥221.708 million for 1 store in western Japan. - FY2021-Q1Change in assumptions underlying impairment estimatesAnnual report
「Based on the above assumptions, the Company made accounting estimates regarding impairment of fixed assets and the recoverability of deferred tax assets during the cumulative first quarter of the current fiscal year.」
Accounting estimates for impairment of fixed assets are being made based on new assumptions that take into account the prolonged impact of the infectious disease. - FY2020MaterialisedAnnual report
「For stores where losses arising from operating activities have remained negative and are expected to remain negative, the carrying amounts were reduced to recoverable amounts, and the reductions, totaling ¥373.667 million, were recognized as impairment losses under extraordinary losses.」
Impairment losses due to declining store profitability, previously identified as a risk, amounted to ¥373.667 million at 2 stores in western Japan. - FY2020-Q3MaterialisedAnnual report
「In addition, impairment losses of ¥363.413 million were recognized for some existing stores, primarily as a result of the spread of COVID-19.」
Impairment losses due to declining store profitability, previously identified as a risk, actually arose at some existing stores, primarily as a result of the spread of COVID-19. - FY2020-Q1RestatedAnnual report
「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
The impairment loss risk due to declining store profitability is treated as having no material change. - FY2019RestatedAnnual report
「However, if profitability declines significantly in the future due to changes in the market environment or other factors, making recovery of the investment amount unlikely, an impairment loss may arise and affect the Company's results of operations and financial position.」
The risk of impairment losses due to declining store profitability and the inability to recover investments continues to be disclosed. No impairment loss was recognized in the current fiscal year. - FY2018MaterialisedAnnual report
「Net income was ¥226.681 million, down 54.2% from the previous fiscal year, a decrease of ¥268.527 million. This was mainly due to the recognition of impairment losses of ¥292.109 million for 2 stores in Aichi Prefecture and income taxes and other taxes of ¥177.866 million.」
An impairment loss of ¥292.109 million was actually recognized for 2 stores in Aichi Prefecture due to declining profitability. - FY2018-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The impairment loss risk due to declining store profitability is treated as having no material change. - FY2018-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The impairment loss risk due to declining store profitability is treated as having no material change. - FY2017RestatedAnnual report
「However, if profitability declines significantly in the future due to changes in the market environment or other factors, making recovery of the investment amount unlikely, an impairment loss may arise and affect the Company's results of operations and financial position.」
The risk of impairment losses due to declining store profitability and the inability to recover investments continues to be disclosed. - FY2017-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The impairment loss risk due to declining store profitability is treated as having no material change. - FY2017-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The impairment loss risk due to declining store profitability is treated as having no material change. - FY2017-Q1RestatedAnnual report
「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
The impairment loss risk due to declining store profitability is treated as having no material change. - FY2016First statedAnnual report
「If profitability declines significantly in the future due to changes in the market environment or other factors, making recovery of the investment amount unlikely, an impairment loss may arise and affect the Company's results of operations and financial position.」
The risk of impairment losses on store fixed assets due to declining profitability and the inability to recover investments is disclosed.