Risk of Additional Impairment Losses Due to Changes in Business Plans and the Market Environment
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: 2026-05-05.
The whole theme swung hardest in 2020: 5 of 16 companies on the "Worse" side.
26 other companies' latest entry also says "Restated".
- 2026-05-05RestatedGeneral Meetings of Shareholders
「The forecasts for the growth in sales, a key assumption, as well as the forecasts for the cost of sales, personnel expenses and selling, general and administrative expenses involve a high degree of estimation uncertainty. Changes in these factors may result in impairment losses in the following consolidated fiscal year.」
After recording ¥51 million in impairment losses on fixed assets, the Company continues to disclose the possibility that impairment losses may arise in the following consolidated fiscal year. - FY2022RestatedAnnual report
「In addition, if the prolonged COVID-19 pandemic causes an impact exceeding expectations, an impairment loss may be recognised in the following consolidated fiscal year.」
The company continues to disclose the possibility of additional impairment losses in the following consolidated fiscal year due to changes in estimates of business plans, market conditions, revenue and personnel expenses, among other factors, and the prolonged pandemic. - FY2021First statedAnnual report
「If the estimates and assumptions require revision due to changes in business plans or market conditions, an impairment loss may be recognised in the consolidated financial statements for the following consolidated fiscal year and beyond.」
For estimates of future cash flows and other factors relating to stores, the company explicitly states for the first time that changes in business plans or market conditions may result in an impairment loss being recognised from the following consolidated fiscal year onward.