Emergence of Impairment Risks for Stores and Idle Assets
First written in FY2016. 16 of 29 entries say "Materialised", first in FY2016. Latest entry: FY2026.
OOTOYA Holdings moved to the "Worse" side of this theme in 2016, 2 years before the typical company in this theme (2018).
The whole theme swung hardest in 2025: 34 of 78 companies on the "Worse" side.
28 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Consolidated fiscal year Domestic company-operated stores Tokyo 2 stores Chiba 1 store Kanagawa 1 store Hyogo 1 store Buildings and structures, tools, furniture and fixtures, etc. ¥125 million Overseas company-operated stores United States 1 store Hong Kong 1 store Buildings and structures, tools, furniture and fixtures, etc. ¥3 million Total ¥128 million」
The impairment loss increased from ¥67 million in the previous fiscal year to ¥128 million, with 5 domestic company-operated stores and 2 overseas company-operated stores subject to impairment testing. - FY2025WorsenedAnnual report
「Total ¥67 million」
The impairment loss increased from ¥60 million in the previous fiscal year to ¥67 million. Eight domestic company-operated stores and 2 overseas company-operated stores were subject to impairment testing. - FY2025-H1MitigatedAnnual report
「Impairment loss —」
No impairment loss was recorded for the six-month interim consolidated accounting period, down from ¥1 million in the same period of the previous fiscal year. However, losses on disposal of property, plant and equipment and store closure losses were recorded. - FY2024MaterialisedAnnual report
「Consolidated fiscal year ended 31 March 2024 (1 April 2023 to 31 March 2024) Domestic company-operated stores Tokyo 9 stores Kanagawa 4 stores Saitama 2 stores Hyogo 1 store Hokkaido 1 store Buildings and structures, tools, furniture and fixtures, etc. ¥29 million Overseas company-operated stores United States 2 stores Hong Kong 1 store Buildings and structures, tools, furniture and fixtures, etc. ¥30 million Total ¥60 million」
The company recorded a total impairment loss of ¥60 million for domestic and overseas company-operated stores during the fiscal year, up from ¥54 million in the previous fiscal year. - FY2024-Q2MaterialisedAnnual report
「Loss on disposal of property, plant and equipment ¥6 million Impairment loss ¥1 million Store closure loss ¥2 million Provision for store closure losses ¥24 million」
During the six-month period ended [the current quarter], the company recorded losses related to stores and property, plant and equipment, including an impairment loss of ¥1 million, a store closure loss of ¥2 million, and a provision for store closure losses of ¥24 million. - FY2023-Q2MitigatedAnnual report
「Impairment loss —」
No impairment loss was recorded for the six-month period ended [the current quarter], a change from the ¥149 million impairment loss recorded in the previous fiscal year. - FY2022MitigatedAnnual report
「Total ¥149 million」
The impairment loss for the fiscal year was ¥149 million, a sharp decrease from ¥1,756 million in the previous fiscal year. However, impairment losses continued to be recorded for domestic and overseas company-operated stores, domestic franchised stores, and idle assets. - FY2022-Q2MitigatedAnnual report
「Impairment loss 56」
The impairment loss for the six-month period ended [the current quarter] was ¥56 thousand, a sharp decrease from ¥1,703.073 million in the same period of the previous fiscal year. However, an impairment loss was still recorded. - FY2022-Q1RestatedAnnual report
「There have been no material changes to the accounting estimates concerning the spread of COVID-19 described under Additional Information in the annual securities report for the previous consolidated fiscal year.」
The company stated that there were no material changes from the previous fiscal year in its accounting estimates related to COVID-19. - FY2021WorsenedAnnual report
「The impairment loss for the consolidated fiscal year was ¥1,756.333 million, recorded for domestic company-operated stores, domestic franchised stores, overseas company-operated stores, and the head office.」
The impairment loss increased sharply from ¥333.326 million in the previous fiscal year to ¥1,756.333 million, with a broad range of assets, including 63 domestic company-operated stores, subject to impairment testing. - FY2021-Q3WorsenedAnnual report
「In addition, during the second quarter of the consolidated fiscal year, the company recorded an impairment loss of ¥1,736 million after using store performance before the spread of COVID-19 as a basis for its performance forecasts for individual stores under impairment accounting while excluding optimistic assumptions, together with」
As a result of adopting more stringent performance forecasts after COVID-19, the impairment loss was ¥1,736 million, up from ¥1,703 million at the end of the previous quarter. - FY2021-Q2WorsenedAnnual report
「Using store performance before the spread of COVID-19 as a basis while excluding optimistic assumptions, the company recorded an impairment loss of ¥1,703 million.」
As a result of adopting more stringent performance forecasts for individual stores, the company recorded impairment losses of ¥1,549.758 million for the domestic company-operated business and ¥147.586 million for the overseas company-operated business, for a total of ¥1,703 million. - FY2020WorsenedAnnual report
「The domestic and overseas company-operated stores subject to impairment were stores where operating profits and losses had remained negative, and stores for which decisions had been made to close or otherwise dispose of them. ... These amounts were recorded as impairment losses under extraordinary losses.」
The impairment loss was ¥333.326 million, up from ¥283.487 million in the previous fiscal year. In addition to domestic company-operated stores, 1 overseas company-operated store in the United States was subject to impairment testing. - FY2020-Q3MaterialisedAnnual report
「Loss on disposal of property, plant and equipment ¥11.946 million, impairment loss ¥4.843 million, store closure loss ¥6.061 million, and provision for store closure losses ¥5.548 million」
During the nine-month period ended [the current quarter], the company recorded an impairment loss of ¥4.843 million and losses related to store closures, with losses related to stores and property, plant and equipment continuing to arise. - FY2020-Q2MaterialisedAnnual report
「Loss on disposal of property, plant and equipment ¥10.14 million; impairment loss ¥4.307 million; store closure loss ¥5.103 million; provision for store closure losses ¥8.515 million」
The company also recorded impairment losses, losses on disposal of property, plant and equipment, and store closure-related losses during the cumulative second quarter, and store- and property-related losses continued to arise. - FY2020-Q1MaterialisedAnnual report
「The company recorded ¥18 million under extraordinary losses, resulting in a quarterly net loss attributable to owners of the parent of ¥105 million, compared with quarterly net income attributable to owners of the parent of ¥7 million in the same period of the previous year. The breakdown was ¥10.047 million in losses on disposal of property, plant and equipment, ¥1.824 million in impairment losses, ¥110,000 in store closure losses, and ¥7.012 million in provisions for store closure losses.」
The company also recorded impairment losses, losses on disposal of property, plant and equipment, and store closure-related losses during the cumulative first quarter, and store- and property-related losses continued to arise. - FY2019MaterialisedAnnual report
「Impairment loss ¥283.487 million」
The company recorded ¥283.487 million in impairment losses for 24 domestic company-operated stores, an increase from ¥56.913 million in the previous fiscal year. - FY2019-Q3MaterialisedAnnual report
「Impairment loss 5,580」
The company also recorded an impairment loss of ¥5.58 million during the cumulative third quarter, and losses related to stores and property, plant and equipment continued to arise. - FY2019-Q2MaterialisedAnnual report
「Loss on disposal of property, plant and equipment ¥1.905 million; impairment loss ¥2.343 million; store closure loss ¥3.042 million; provision for store closure losses ¥650,000」
Store-related losses, including impairment losses, store closure losses and losses on disposal of property, plant and equipment, were also recorded during the cumulative second quarter. - FY2019-Q1MaterialisedAnnual report
「Loss on disposal of property, plant and equipment ¥1.352 million; provision for store closure losses ¥1.532 million」
The company also recorded losses on disposal of property, plant and equipment and provisions for store closure losses as extraordinary losses during the cumulative first quarter, and store- and property-related losses arose. - FY2018MaterialisedAnnual report
「Impairment losses for the current consolidated fiscal year amounted to ¥56.913 million and were recorded for domestic company-operated stores.」
The company recorded ¥56.913 million in impairment losses for 11 domestic company-operated stores, meaning that store-related impairment risk actually materialized during the fiscal year. - FY2018-Q3MaterialisedAnnual report
「Impairment loss 11,891」
The company recorded an impairment loss of ¥11.891 million during the cumulative third quarter, and losses related to stores and property, plant and equipment continued to arise. - FY2018-Q2MaterialisedAnnual report
「Impairment loss 605」
The company also recorded an impairment loss of ¥605,000 for the cumulative second quarter, and losses related to stores and property, plant and equipment continued to arise. - FY2017MaterialisedAnnual report
「Impairment losses for the current consolidated fiscal year amounted to ¥200.515 million and were recorded for domestic company-operated stores, overseas company-operated stores and other assets in Yamanashi City, Yamanashi Prefecture.」
Impairment of stores, idle assets and other assets also arose during the fiscal year, and ¥200.515 million was recorded under extraordinary losses. - FY2017-Q2MaterialisedAnnual report
「Impairment loss 1,993」
The company also recorded an impairment loss of ¥1.993 million for the cumulative period, and store-related impairment and closure losses continued to arise. - FY2017-Q1MaterialisedAnnual report
「¥4 million in provisions for store closure losses and ¥1 million in impairment losses were recorded under extraordinary losses」
The company also recorded ¥4 million in provisions for store closure losses and ¥1 million in impairment losses during the quarter, indicating the occurrence of store-related losses. - FY2016MaterialisedAnnual report
「The company-operated stores subject to impairment were stores that had continuously generated losses from operating activities and stores for which a decision had been made to close. The carrying amounts of these stores were reduced to their recoverable amounts, with the reductions recorded as impairment losses under extraordinary losses.」
The company recorded impairment losses of ¥616.301 million during the fiscal year, with impairment actually arising at domestic company-operated stores, overseas company-operated stores, Ootoya GREEN ROOM and other locations.