Impairment losses due to declining profitability at stores and other locations
First written in FY2017-Q3. 4 of 23 entries say "Mitigated", first in FY2020. Latest entry: 2026-08-13.
The whole theme swung hardest in 2025: 32 of 75 companies on the "Worse" side.
28 other companies' latest entry also says "Mitigated".
- 2026-08-13MitigatedEarnings
「(Material impairment loss on property, plant and equipment) No applicable items.」
The ¥32 million impairment loss recorded in the Brand and Fashion business in the same quarter of the previous year was not recorded in the current quarter. - FY2026WorsenedAnnual report
「The Group reduced the carrying amount of the relevant assets, whose profitability had declined significantly, to their recoverable amount and recorded the resulting ¥310.304 million reduction as an impairment loss under extraordinary losses.」
The impairment loss increased from ¥50.191 million in the previous fiscal year to ¥310.304 million, indicating a renewed significant decline in the profitability of stores and other assets in the Brand and Fashion Business. - 2026-05-14MaterialisedEarnings
「Impairment loss 50,191 310,304」
An impairment loss of ¥310 million was recorded for the fiscal year ending March 2026, up from ¥50 million in the previous fiscal year. - FY2026-H1Recognition of impairment losses againAnnual report
「Under the Accounting Standard for Impairment of Fixed Assets, the carrying amounts of buildings and associated facilities and other assets showing signs of impairment due to declining profitability resulting from changes in market and operating conditions were reduced to their recoverable amounts, and the resulting ¥89.334 million reduction was recorded as an impairment loss under extraordinary losses. By segment, ¥89.334 million was recorded in the Brand and Fashion Business.」
While no material impairment loss was recorded in the previous interim period, an impairment loss of ¥89.334 million was recorded in the current interim period in the Brand and Fashion Business. - FY2025-H1MitigatedAnnual report
「(Material impairment loss on property, plant and equipment) No applicable items.」
No material impairment loss on fixed assets was recorded for the current interim consolidated accounting period, a change from the ¥39.643 million impairment loss recorded in the same period of the previous year. - FY2024-Q3Update to cumulative impairment loss through the third quarterAnnual report
「The resulting ¥39.893 million reduction was recorded as an impairment loss under extraordinary losses. By segment, ¥39.209 million was recorded in the Brand and Fashion Business and ¥683 thousand in the Tire and Wheel Business.」
A cumulative impairment loss of ¥39.893 million related to declining profitability of stores and other assets has been recorded through the third quarter. - FY2024-Q2Update to impairment loss for the second quarterAnnual report
「Under the Accounting Standard for Impairment of Fixed Assets, the carrying amounts of stores and other assets showing signs of impairment due to declining profitability resulting from changes in market and operating conditions were reduced to their recoverable amounts, and the resulting ¥39.643 million reduction was recorded as an impairment loss under extraordinary losses. By segment, ¥38.960 million was recorded in the Brand and Fashion Business and ¥683 thousand in the Tire and Wheel Business.」
A cumulative impairment loss of ¥39.643 million related to declining profitability of stores and other assets has been recorded through the second quarter. - FY2024-Q1Impairment loss recorded in the first quarterAnnual report
「Under the Accounting Standard for Impairment of Fixed Assets, the carrying amounts of stores and other assets showing signs of impairment due to declining profitability resulting from changes in market and operating conditions were reduced to their recoverable amounts, and the resulting ¥7.791 million reduction was recorded as an impairment loss under extraordinary losses.」
An impairment loss of ¥7.791 million was recorded in the first quarter due to declining profitability resulting from changes in market and operating conditions. The breakdown was ¥7.108 million in the Brand and Fashion Business and ¥683 thousand in the Tire and Wheel Business. - FY2023MitigatedAnnual report
「The Group reduced the carrying amount of the relevant assets, whose profitability had declined significantly, to their recoverable amount and recorded the resulting ¥102.733 million reduction as an impairment loss under extraordinary losses.」
The impairment loss decreased from ¥327.275 million in the previous fiscal year to ¥102.733 million. - FY2023-Q3Update to cumulative impairment loss through the third quarterAnnual report
「Under the Accounting Standard for Impairment of Fixed Assets, the carrying amounts of software and other assets showing signs of impairment due to declining profitability resulting from changes in market and operating conditions were reduced to their recoverable amounts, and the resulting ¥53.861 million reduction was recorded as an impairment loss under extraordinary losses. By segment, ¥45.786 million was recorded in the Brand and Fashion Business and ¥8.075 million in the Tire and Wheel Business.」
A cumulative impairment loss of ¥53.861 million was recorded through the third quarter due to declining profitability of software and other assets. - FY2023-Q2Impairment loss recognized in the second quarterAnnual report
「Under the Accounting Standard for Impairment of Fixed Assets, the carrying amounts of software and other assets showing signs of impairment due to declining profitability resulting from changes in market and operating conditions were reduced to their recoverable amounts, and the resulting ¥52.211 million reduction was recorded as an impairment loss under extraordinary losses. By segment, ¥44.136 million was recorded in the Brand and Fashion Business and ¥8.075 million in the Tire and Wheel Business.」
An impairment loss of ¥52.211 million was recorded due to declining profitability of software and other assets. - FY2023-Q1No material impairment loss in the first quarterAnnual report
「(Material impairment losses on fixed assets) None.」
No material impairment loss on fixed assets was reported for the cumulative first quarter of the current consolidated fiscal year. - FY2022-Q3Increase in impairment loss and full impairment of goodwillAnnual report
「Based on the Accounting Standard for Impairment of Fixed Assets, the carrying amount of stores and other locations where indications of impairment due to lower profitability resulting from changes in market and operating conditions were identified was reduced to the recoverable amount, and the reduction of ¥235.540 million was recognized as an impairment loss under extraordinary losses. By segment, the Brand and Fashion Business recorded a goodwill impairment loss of ¥96.355 million and a fixed-asset impairment loss of ¥30.909 million, the Tire and Wheel Business recorded a fixed-asset impairment loss of ¥4.590 million, and the Real Estate Leasing Business recorded a fixed-asset impairment loss of ¥103.686 million.」
Impairment loss was ¥235.540 million, up from ¥33.496 million in the same period of the previous year. For Eve Corporation, the entire unamortized goodwill balance of ¥96.355 million was impaired because excess earning power was no longer expected due to the rapid spread of the Omicron variant. - FY2022-Q2No impairment loss in the second quarterAnnual report
「(Material impairment loss on property, plant and equipment) No applicable items.」
No material impairment loss on fixed assets was reported for the cumulative second quarter of the current consolidated fiscal year. - FY2021Sharp increase in impairment lossAnnual report
「The Group's impairment losses consisted of buildings and structures of ¥167.801 million, tools, furniture and fixtures of ¥14.442 million, software of ¥6.472 million, long-term prepaid expenses of ¥5.060 million, lease assets of ¥103.775 million, and goodwill of ¥317.218 million.」
The impairment loss associated with lower profitability totaled ¥614.770 million, a substantial increase from ¥3.285 million in the previous fiscal year. Goodwill of ¥317.218 million related to Shellman was also impaired. - FY2021-Q3Cumulative impairment loss updateAnnual report
「Based on the Accounting Standard for Impairment of Fixed Assets, the carrying amount of stores and other locations where indications of impairment due to lower profitability resulting from changes in market and operating conditions were identified was reduced to the recoverable amount, and the reduction of ¥33.496 million was recognized as an impairment loss under extraordinary losses. By segment, ¥26.236 million was recognized in the Brand and Fashion Business and ¥7.260 million in the Tire and Wheel Business.」
An impairment loss of ¥33.496 million was recognized during the cumulative third quarter due to lower profitability resulting from changes in market and operating conditions. - FY2021-Q2Recognition of impairment losses againAnnual report
「The carrying amount was reduced to the recoverable amount, and the reduction of ¥29.087 million was recognized as an impairment loss under extraordinary losses.」
An impairment loss of ¥29.087 million was recognized during the cumulative second quarter due to lower profitability resulting from changes in market and operating conditions. - FY2020MitigatedAnnual report
「The Group reduced the carrying amount of the affected assets to their recoverable amount because their profitability had declined significantly, and recognized the reduction of ¥3.285 million as an impairment loss under extraordinary losses.」
The impairment loss associated with lower profitability at stores decreased from ¥53.044 million in the previous fiscal year to ¥3.285 million. - FY2019Higher Impairment LossesAnnual report
「The Group reduced the carrying amount of the affected assets to their recoverable amount because their profitability had declined significantly, and recognized the reduction of ¥53.044 million as an impairment loss under extraordinary losses.」
Impairment loss for the current fiscal year was ¥53.044 million, up from ¥6.584 million in the previous fiscal year. The affected assets were intangible assets, including trademark rights and software. - FY2018-Q3Cumulative impairment loss updateAnnual report
「Impairment loss 233,082 6,584」
Impairment loss for the cumulative third quarter was ¥6.584 million, down from ¥233.082 million in the same period of the previous year. - FY2018-Q1Continued recognition of impairment lossesAnnual report
「Impairment loss 5,175」
An impairment loss of ¥5.175 million was recognized in the first quarter, resulting in another impairment loss related to lower profitability at stores and other locations following the previous fiscal year. - FY2017RestatedAnnual report
「The Group reduced the carrying amount of the affected assets to their recoverable amount because their profitability had declined significantly, and recognized the reduction of ¥233.082 million as an impairment loss under extraordinary losses.」
The annual results confirmed the recognition of an impairment loss of ¥233.082 million due to lower profitability at stores and other locations. - FY2017-Q3First statedAnnual report
「Based on the Accounting Standard for Impairment of Fixed Assets, recoverability was assessed for stores and other locations where indications of impairment due to lower profitability resulting from changes in market and operating conditions were identified. As a result, an extraordinary loss of ¥328 million, including an impairment loss of ¥233 million, was recognized.」
An extraordinary loss of ¥328 million, including an impairment loss of ¥233 million, was recognized due to lower profitability at stores and other locations resulting from changes in market and operating conditions.