Impairment risk for property, plant and equipment, goodwill and other assets due to declining store profitability
First written in FY2021. 6 of 16 entries say "Worsened", first in FY2023-Q3. Latest entry: FY2027-H1.
The whole theme swung hardest in 2017: 10 of 13 companies on the "Worse" side.
9 other companies' latest entry also says "Mitigated".
- FY2027-H1MitigatedAnnual report
「Impairment losses 240 111」
Impairment losses during the interim period were ¥111 million, down from ¥240 million in the same period of the previous year. Impairment losses resulting from lower profitability at stores and other assets remained, but decreased year on year. - 2026-10-07MitigatedRevision of earnings forecasts
「減損損失 240 111」
減損損失は前年中間期の240百万円から111百万円へ減少した。 - FY2026WorsenedAnnual report
「Koto-ku, Tokyo, and 122 other stores (31 store closures, 91 stores renovated or otherwise) Stores and other assets Buildings and structures: ¥582 million Tools, furniture, fixtures and other assets: ¥175 million」
Total impairment losses were ¥757 million, up from ¥521 million in the previous fiscal year. The number of stores subject to impairment was 122, and impairment losses associated with declining store profitability and other factors increased. - 2026-04-08WorsenedEarnings
「Impairment loss 521 757」
Impairment loss increased from ¥521 million in the previous period to ¥757 million. - FY2026-H1WorsenedAnnual report
「Impairment losses 141 240」
Impairment losses for the interim period were ¥240 million, up from ¥141 million in the same period of the previous year. Impairment losses associated with declining profitability at stores and other assets increased. - FY2025WorsenedAnnual report
「131 stores in Chuo-ku, Tokyo, and elsewhere (42 stores closed, 89 stores renovated or otherwise affected) Stores and other assets Buildings and structures ¥349 million Tools, equipment and fixtures, etc. ¥171 million」
Impairment losses for stores and other assets amounted to ¥521 million, up from ¥504 million in the previous fiscal year. The losses covered 131 stores, indicating that impairment losses associated with lower store profitability and other factors continued to be recorded. - FY2025-H1MitigatedAnnual report
「Impairment losses 246 141」
Impairment losses for the six-month consolidated period amounted to ¥141 million, down from ¥246 million in the same period of the previous year. Although impairment losses associated with lower profitability at stores and other assets continued to be recorded, they decreased year on year. - FY2024-Q3MitigatedAnnual report
「Impairment losses 458 248」
Cumulative impairment losses for the third quarter amounted to ¥248 million, down from ¥458 million in the same period of the previous year. Impairment losses associated with lower profitability at stores and other assets continued to be recorded, but decreased year on year. - FY2024-Q2MitigatedAnnual report
「Impairment losses 409 246」
Impairment losses for the first half amounted to ¥246 million, down from ¥409 million in the same period of the previous year. Although impairment risk due to lower profitability at stores and other assets continued to materialize, it decreased year on year. - FY2024-Q1WorsenedAnnual report
「Impairment losses 17 31」
Impairment losses for the first quarter amounted to ¥31 million, up from ¥17 million in the same quarter of the previous year. The impairment risk associated with lower profitability at stores and other assets continued to materialize and expanded. - FY2023MitigatedAnnual report
「144 stores in Sendai, Miyagi Prefecture, and elsewhere (43 stores closed, 101 stores renovated or otherwise affected)」
Impairment losses for the fiscal year amounted to ¥986 million and covered 144 stores, down from ¥1.194 billion and 204 stores in the previous fiscal year. Although impairment risk due to lower store profitability continued to materialize, the full-year figures decreased. - FY2023-Q3WorsenedAnnual report
「Impairment losses 190 458」
Cumulative impairment losses for the third quarter amounted to ¥458 million, indicating that the impairment risk associated with lower profitability at stores and other assets continued to materialize from the previous fiscal year. - FY2023-Q2MaterialisedAnnual report
「Impairment losses 183 409」
Impairment losses of ¥409 million were recorded for the cumulative second quarter, indicating that the impairment risk associated with lower profitability at stores and other assets continued to materialize. - FY2023-Q1MaterialisedAnnual report
「Extraordinary losses Loss on valuation of investment securities － 305」
A ¥305 million loss on valuation of investment securities was recorded, with the realized impact of the risk of declining market prices increasing from ¥273 million in the previous fiscal year. - FY2022MaterialisedAnnual report
「204 stores in Shizuoka, Shizuoka Prefecture, and elsewhere (47 stores closed, 157 stores renovated or otherwise affected)」
Impairment losses totaling ¥1.194 billion were recorded for 204 stores in connection with lower store profitability, closures, renovations and other factors. Impairment losses increased from ¥628 million in the previous fiscal year. - FY2021First statedAnnual report
「If profitability declines due to changes in the business environment or other factors, we may record impairment losses on property, plant and equipment, as well as intangible assets such as goodwill and trademark rights.」
While assessing the recoverability of investments using stores as cash-generating units, impairment risks for property, plant and equipment, goodwill, trademark rights and other assets due to lower profitability were disclosed separately for the first time. During the fiscal year, impairment losses totaling ¥628 million were recorded for 157 stores and other assets.