Declining Store Profitability, Leased-Property Risk and Impairment
First written in FY2016. 14 of 36 entries say "Worsened", first in FY2018-Q4. Latest entry: FY2027-H1.
Eat&Holdings moved to the "Worse" side of this theme in 2016, 1 year before the typical company in this theme (2017).
The whole theme swung hardest in 2025: 32 of 75 companies on the "Worse" side.
26 other companies' latest entry also says "Worsened".
- FY2027-H1WorsenedAnnual report
「In the Food Products segment, the Company recorded an impairment loss of ¥2 million on software and other assets. In the Food Service segment, it recorded an impairment loss of ¥7 million on restaurant equipment and other assets.」
During the interim period, the Company recorded impairment losses of ¥2 million in the Food Products business and ¥7 million in the Food Service business, for a total of ¥10 million, indicating that profitability risks related to restaurants, equipment and other assets had materialized. - FY2026WorsenedAnnual report
「The Group recorded impairment losses on the following asset groups: ¥153 million on store equipment at 8 locations in the Kanto region, ¥17 million on store equipment at 2 locations in the Kansai region, ¥16 million on store equipment at 2 locations in Hokkaido, and ¥5 million on store equipment at 1 overseas location, for a total of ¥192 million.」
The impairment loss on store equipment increased from ¥162 million in the previous consolidated fiscal year to ¥192 million, while the number of affected locations increased from 7 to 13. - FY2025MitigatedAnnual report
「The Group recorded impairment losses on the following asset groups: ¥56 million on store equipment at 5 locations in the Kanto region, ¥63 million on store equipment at 1 location in the Kansai region, ¥30 million on store equipment at 1 location in Hokkaido, and ¥12 million on store equipment at 3 overseas locations, for a total of ¥162 million.」
Impairment losses on store equipment continued, but declined from ¥186 million in the previous consolidated fiscal year to ¥162 million. - FY2025-Q1MitigatedAnnual report
「(Material impairment losses on property, plant and equipment) An impairment loss of ¥0 million was recorded on store equipment in the “Food Service” segment.」
No impairment loss on store equipment was recorded in the food service business for the first quarter. The amount recorded during the quarter was ¥0 million, down from the ¥186 million impairment loss recorded in the previous consolidated fiscal year. - FY2024MitigatedAnnual report
「The Group recorded impairment losses on the following asset groups: ¥53 million on store equipment at 4 locations in the Kanto region, ¥3 million on store equipment at 2 locations in the Kansai region, ¥28 million on store equipment at 8 locations in Hokkaido, and ¥100 million on store equipment at 5 overseas locations, for a total of ¥186 million.」
Impairment losses continued, but declined from ¥295 million at 29 locations in the previous consolidated fiscal year to ¥186 million at 19 locations. - FY2024-Q3WorsenedAnnual report
「An impairment loss of ¥42 million was recorded on store equipment and other assets in the “Food Service” segment.」
The impairment loss on store equipment and other assets in the food service business increased from ¥28 million for the cumulative second quarter of the previous fiscal year to ¥42 million, continuing to occur. - FY2024-Q2MaterialisedAnnual report
「An impairment loss of ¥28 million was recorded on store equipment and other assets in the “Food Service” segment.」
Although the impairment loss was ¥0 million in FY2024-Q1, an impairment loss of ¥28 million was recorded on store equipment and other assets in the food service business for the cumulative second quarter. - FY2024-Q1MitigatedAnnual report
「An impairment loss of ¥0 million was recorded on store equipment in the “Food Service” segment.」
The impairment loss on store equipment in the food service business was ¥0 million for the first quarter, down from ¥295 million recorded in the previous consolidated fiscal year. - FY2023WorsenedAnnual report
「The Group recorded impairment losses on the following asset groups: ¥210 million on store equipment at 22 locations in the Kanto region, ¥25 million on store equipment at 3 locations in the Kansai region, ¥42 million on store equipment at 3 locations in Hokkaido, and ¥16 million on store equipment at 1 location in Taiwan, for a total of ¥295 million.」
Impairment losses on store equipment and other assets totaled ¥295 million at 29 locations, up from ¥180 million at 18 locations in the previous consolidated fiscal year. - FY2023-Q3WorsenedAnnual report
「An impairment loss of ¥76 million was recorded on store equipment and other assets in the “Food Service” segment.」
The impairment loss on store equipment and other assets in the food service business increased from ¥39 million for the cumulative second quarter to ¥76 million for the cumulative third quarter. - FY2023-Q2MaterialisedAnnual report
「An impairment loss of ¥66 million was recorded on store equipment and other assets in the “Food Service” segment.」
Compared with the ¥0 million impairment loss in the first quarter of the previous fiscal year, an impairment loss of ¥66 million was recorded on store equipment and other assets in the food service business for the cumulative second quarter. - FY2023-Q1MitigatedAnnual report
「An impairment loss of ¥0 million was recorded on store equipment in the “Food Service” segment.」
The impairment loss on store equipment in the food service business was reported as ¥0 million for the first quarter, indicating that no impairment loss was recorded during the quarter after such losses had continued through the previous consolidated fiscal year. - FY2022MitigatedAnnual report
「The Group recorded impairment losses on the following asset groups: ¥108 million on store equipment at 11 locations in the Kanto region, ¥34 million on store equipment at 4 locations in the Kansai region, and ¥38 million on store equipment at 3 locations in Hokkaido, for a total of ¥180 million.」
Impairment losses continued to occur, but declined from ¥765 million in the previous consolidated fiscal year to ¥180 million, and no ¥247 million impairment loss on real estate rental properties was recorded this time. - FY2022-Q3WorsenedAnnual report
「An impairment loss of ¥74 million was recorded on store equipment in the “Food Service” segment.」
The impairment loss on store equipment in the food service business increased from ¥39 million for the cumulative second quarter to ¥74 million for the cumulative third quarter, continuing to occur. - FY2022-Q2MaterialisedAnnual report
「An impairment loss of ¥39 million was recorded on store equipment and other assets in the “Food Service” segment.」
An impairment loss of ¥39 million was recorded on store equipment and other assets in the food service business for the cumulative second quarter, and risks related to store profitability and asset recoverability continue to materialize. - FY2022-Q1MaterialisedAnnual report
「An impairment loss of ¥5 million was recorded on store equipment in the “Food Service” segment.」
An impairment loss of ¥5 million was recorded on store equipment in the food service business. Risks related to store profitability and asset recoverability continue to materialize. - FY2021-Q4WorsenedAnnual report
「In the “Food Service” segment, an impairment loss of ¥401.918 million was recorded on store equipment, and an impairment loss of ¥247.458 million was recorded as the carrying amounts of land, buildings and other assets were reduced to their recoverable amounts in connection with the sale of real estate rental properties held by the Company.」
Impairment losses on store equipment and other assets totaled ¥649.376 million, up from the ¥649.054 million total disclosed previously. In addition to the impairment loss on real estate rental properties, a store closure loss of ¥240.680 million was recorded, and the impact on profitability and asset recoverability continues. - FY2021-Q3WorsenedAnnual report
「In the “Food Service” segment, an impairment loss of ¥401.596 million was recorded on store equipment and other assets, and an impairment loss of ¥247.458 million was recorded as the carrying amounts of land, buildings and other assets were reduced to their recoverable amounts in connection with the sale of real estate rental properties held by the Company.」
For the cumulative second quarter, impairment losses of ¥401.596 million on store equipment and other assets and ¥247.458 million on real estate rental properties, totaling ¥649.054 million, were recorded, indicating an increasing impact on the profitability and recoverability of stores and owned real estate. - FY2021-Q2MaterialisedAnnual report
「In the “Food Service” segment, an impairment loss of ¥21.138 million was recorded on store equipment, and an impairment loss of ¥247.458 million was recorded as the carrying amounts of land, buildings and other assets were reduced to their recoverable amounts in connection with the sale of real estate rental properties held by the Company.」
Impairment losses of ¥21.138 million on food-service store equipment and ¥247.458 million on real estate rental properties, totaling ¥268.596 million, were recorded, indicating that profitability and asset recovery risks related to stores and owned real estate have materialized. - FY2020Finalization of the full-year impairment lossAnnual report
「The decrease of ¥173.661 million was recorded as an impairment loss and included in extraordinary losses.」
An impairment loss of ¥173.661 million was recorded on store equipment in the food service business during the consolidated fiscal year. Although this was down from ¥295.187 million in the previous fiscal year, impairment losses related to declining store profitability continued to occur. - FY2020-Q4WorsenedAnnual report
「An impairment loss of ¥103.737 million was recorded on store equipment in the “Food Service” segment.」
An impairment loss of ¥103.737 million was recorded on store equipment in the food service business for the cumulative third quarter. - FY2020-Q3MaterialisedAnnual report
「An impairment loss of ¥93.63 million was recorded on store equipment in the “Food Service” segment.」
An impairment loss of ¥93.63 million was recorded on store equipment in the food service business, indicating that impairment risk related to store profitability and other factors continues to materialize. - FY2019WorsenedAnnual report
「Our group recognized impairment losses on the following asset groups: Kanto region (15 stores), ¥283.090 million; Kansai region (2 stores), ¥9.896 million; Hokkaido region (1 store), ¥2.201 million; total, ¥295.187 million.」
An impairment loss of ¥295.187 million was recognized on store equipment for the full fiscal year. This increased from ¥258.132 million in the previous consolidated fiscal year, and the number of stores covered was 18. - FY2019-Q3MaterialisedAnnual report
「An impairment loss of ¥120.644 million was recognized on store equipment in the Food Service Business segment.」
An impairment loss of ¥120.644 million was actually recognized on store equipment in the food service business. - FY2018Leased-property risks become concreteAnnual report
「When opening new stores, our group thoroughly investigates and verifies the credit standing of lessors and works to avoid concentrating leases with particular lessors. However, if deposits or other amounts paid become partly or wholly unrecoverable because of a lessor’s bankruptcy or other event, our group’s financial condition and business performance could be affected.」
It specifically describes the risk that security deposits and other amounts may become unrecoverable if a lessor goes bankrupt, and the responses of conducting credit investigations and diversifying lessors. - FY2018WorsenedAnnual report
「As a result of examining the future recoverability of fixed assets held by the company, consisting of store equipment, in accordance with the Accounting Standard for Impairment of Fixed Assets, we reduced their carrying amount to the recoverable amount and recognized an impairment loss of ¥258 million. Consequently, net income attributable to owners of the parent was ¥215 million, up 37.8% year on year.」
An impairment loss of ¥258 million was recognized on store equipment, up from ¥191.829 million in the previous consolidated fiscal year. - FY2018-Q4WorsenedAnnual report
「An impairment loss of ¥164.074 million was recognized on store equipment in the Food Service Business segment.」
The cumulative impairment loss recognized on store equipment in the food service business increased from the previously reported ¥117.830 million to ¥164.074 million. - FY2018-Q3MaterialisedAnnual report
「An impairment loss of ¥117.830 million was recognized on store equipment in the Food Service Business segment.」
An impairment loss of ¥117.830 million was actually recognized on store equipment in the food service business. - FY2018-Q2MaterialisedAnnual report
「An impairment loss of ¥50.530 million was recognized on store equipment in the Food Service Business segment.」
An impairment loss of ¥50.530 million was actually recognized on store equipment in the food service business. - FY2017MaterialisedAnnual report
「In addition, as extraordinary losses, we recognized an impairment loss of ¥191 million on store equipment owned by our group in accordance with the Accounting Standard for Impairment of Fixed Assets, a loss of ¥56 million on the disposal and sale of fixed assets resulting from the closure of stores and offices, and a store closure loss of ¥54 million. As a result, net income attributable to owners of the parent was ¥156 million.」
Actual losses recognized were an impairment loss of ¥191.829 million on store equipment, a loss on the disposal and sale of fixed assets of ¥56.705 million, and a store closure loss of ¥54.857 million. - FY2017-Q4MaterialisedAnnual report
「An impairment loss of ¥80.733 million was recognized on store equipment in the Food Service Business segment.」
An impairment loss of ¥80.733 million was actually recognized on store equipment in the food service business. - FY2017-Q3MaterialisedAnnual report
「An impairment loss of ¥37.795 million was recognized on store equipment in the Food Service Business segment.」
An impairment loss of ¥37.795 million was actually recognized on store equipment in the food service business in connection with store profitability and other factors. - FY2016First statedAnnual report
「If the profitability of individual stores deteriorates because of changes in the store environment or economic factors, we may be required to recognize impairment losses on property, plant and equipment and lease assets. Recording such impairment losses could affect our business performance.」
It identifies the risk of impairment resulting from declining store profitability and states that the food service business recognized an impairment loss of ¥8.191 million during the fiscal year.