Impairment Risk Related to Low-Profitability Halls and Other Facilities
First written in FY2016. 4 of 8 entries say "Materialised", first in FY2020-Q3. Latest entry: 2026-11-06.
Tear moved to the "Worse" side of this theme in 2020, 1 year before the typical company in this theme (2021).
The whole theme swung hardest in 2017: 31 of 68 companies on the "Worse" side.
64 other companies' latest entry also says "Materialised".
- 2026-11-06MaterialisedRevisions to earnings forecasts
「With respect to 6 company-owned funeral halls where the Company holds property, plant and equipment, we recognised an impairment loss of ¥374 million under the Accounting Standard for Impairment of Fixed Assets after taking into account that recorded revenue was below plan.」
An impairment loss arose on 6 company-owned funeral halls because recorded revenue was below plan. Including impairment losses on goodwill and other assets, the total impairment loss was ¥517 million. - FY2021-Q3MaterialisedAnnual report
「In the Funeral Services segment, the Company recognised an impairment loss on a store for which relocation had been decided. The impairment loss recognised amounted to ¥45 million.」
Recognised an impairment loss of ¥45 million on a store scheduled for relocation, indicating that impairment risk involving profitability and store operations continued to materialise. - FY2020MaterialisedAnnual report
「After taking into account the future outlook for operating results and other factors, the Company determined that it was unlikely to recover the full carrying amount of the asset group through future cash flows. It therefore reduced the carrying amount of the asset group to its recoverable amount and recognised the reduction of ¥56 million as an impairment loss under extraordinary losses.」
Recognised total impairment losses of ¥56 million for a funeral hall in Aichi Prefecture and a funeral consultation salon in Tokyo over the full fiscal year. - FY2020-Q3MaterialisedAnnual report
「In the Funeral Services segment, the Company recognised impairment losses on stores where operating losses had continued and where the prospects for improving profitability were deemed low, as well as stores for which relocation had been decided. The impairment loss recognised amounted to ¥56 million.」
Recognised ¥56 million in impairment losses on stores with low prospects for improving profitability and stores scheduled for relocation, representing the actual occurrence of impairment risk involving low-profitability funeral halls. - FY2019RestatedAnnual report
「If, based on a funeral hall’s operating performance and future outlook, it is determined that recovering the fixed assets is difficult, the fixed assets associated with that funeral hall may be recognised as an impairment loss.」
Continued to disclose the impairment risk resulting from funeral hall operating performance and future prospects, as well as declines in the market value of land and other assets. - FY2018RestatedAnnual report
「If, based on a funeral hall’s operating performance and future outlook, it is determined that recovering the fixed assets is difficult, the fixed assets associated with that funeral hall may be recognised as an impairment loss.」
Continued to disclose the impairment risk resulting from funeral hall operating performance and future prospects, as well as declines in the market value of land and other assets. - FY2017RestatedAnnual report
「If, based on a funeral hall’s operating performance and future outlook, it is determined that recovering the fixed assets is difficult, the fixed assets associated with that funeral hall may be recognised as an impairment loss.」
Continued to disclose the impairment risk associated with a decline in funeral hall operating performance and the market value of land and other assets. - FY2016First statedAnnual report
「If impairment charges become necessary for assets held whose economic value has declined substantially or for low-profitability funeral halls and other assets, this could affect the Company’s operating results and financial position.」
First disclosed the impairment risk associated with declining profitability at held assets and funeral halls.