Komori
Tsukuruba (2978) · RiskWorsened

Risk of Lower Profitability of Fixed Assets and Impairment Charges

First written in FY2020. 3 of 7 entries say "Materialised", first in FY2021. Latest entry: FY2026.

7entries
7years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2020MaterialisedFY2021 – FY2022-Q3MitigatedFY2023WorsenedFY2024 – FY20262020: 12021: 120212022: 120222023: 120232024: 120242025: 020252026: 22026
Same theme, other companies
Impairment Risk at Unprofitable Sites and for Owned PropertiesA theme 152 companies write about · 159 as a headwind · 0 as a tailwind

Tsukuruba moved to the "Worse" side of this theme in 2021, 1 year after the typical company in this theme (2020).

The whole theme swung hardest in 2020: 39 of 67 companies on the "Worse" side.

15 other companies' latest entry also says "Worsened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 152 companies compared. The sentences above are computed from all 152.
Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「Impairment losses were recognized for buildings, tools, equipment and fixtures, and leasehold deposits because decisions had been made to terminate leases for some business locations.」

    An impairment loss of ¥25.219 million was recorded in connection with the termination of leases for some business locations. As no impairment loss was recorded in the previous consolidated fiscal year, the risk of declining profitability of fixed assets materialized again.
  2. 2026-09-14MaterialisedRevisions to earnings forecasts

    「減損損失 ― 25,219」

    当連結会計年度に25,219千円の減損損失を計上し、固定資産の収益性低下・減損リスクが実績として発生した。
  3. FY2024WorsenedAnnual report

    「During the consolidated fiscal year, the company recorded impairment losses on the following asset groups.」

    Due to the cancellation of a business location, the company recorded ¥20.472 million in impairment losses on buildings, tools, furniture and fixtures, and leasehold deposits. Impairment-related losses increased from the ¥11.586 million in extraordinary losses recorded in the previous fiscal year.
  4. FY2023MitigatedAnnual report

    「During the fiscal year, the company recorded ¥11.586 million in extraordinary losses, mainly due to impairment losses on property, plant and equipment.」

    Impairment losses on property, plant and equipment continued to be recorded, but declined from ¥26.141 million in the previous fiscal year to ¥11.586 million.
  5. FY2022-Q3MaterialisedAnnual report

    「Impairment loss: ¥26.141 million」

    The company recorded ¥26.141 million in impairment losses on property, plant and equipment during the cumulative third quarter. Of this amount, ¥22.441 million related to the real estate planning and design business and ¥3.699 million to corporate assets, indicating that the risk of declining profitability and impairment of property, plant and equipment materialized again during the quarter.
  6. FY2021MaterialisedAnnual report

    「During the fiscal year, the company recorded ¥127.592 million in extraordinary losses, including ¥103.636 million in impairment losses on property, plant and equipment.」

    Following ¥244.456 million in the previous fiscal year, the company recorded ¥103.636 million in impairment losses on property, plant and equipment during the current fiscal year, confirming the continuing impact of declining profitability and impairment risk.
  7. FY2020First statedAnnual report

    「During the fiscal year, the company recorded impairment losses on fixed assets of ¥244.456 million and extraordinary losses of ¥260.327 million.」

    The company newly disclosed the risk of impairment caused by lower profitability of fixed assets and recorded impairment losses of ¥244.456 million during the fiscal year.
Moved together

"Enhancing Corporate Value Through Gross Profit Growth and Improved Operating Margins" moved the same way as this thread, in the same document, in 5 of its 7 moves.

553322★123456
  1. ★This thread
  2. 1Enhancing Corporate Value Through Gross Profit Growth and Improved Operating Margins5×
  3. 2Risk of Share Value Dilution from the Exercise of Stock Acquisition Rights5×
  4. 3Risk of Defect Liability and Falling Inventory Values in Resale Transactions3×
  5. 4Ongoing Marketing Investment, Losses and Negative Operating Cash Flow3×
  6. 5Exposure to Real Estate Market and Economic Downturns2×
  7. 6Liquidity Risk from Interest-Bearing Debt and Interest-Rate Movements2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Tsukuruba yet. It last moved in the Revisions to earnings forecasts of 2026-09-14: "Materialised".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.