Declining Profitability of Store Assets and Impairment Risk
First written in FY2016. 11 of 20 entries say "Materialised", first in FY2017. Latest entry: FY2026.
Alpen moved to the "Worse" side of this theme in 2017, the same year as the typical company in this theme.
The whole theme swung hardest in 2025: 32 of 75 companies on the "Worse" side.
28 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「During the consolidated fiscal year, our group reduced the carrying amount of store assets and other assets to their recoverable amount due to lower profitability, and recorded the resulting reduction of ¥857 million as an impairment loss under extraordinary losses.」
Impairment losses on store assets and other assets continued, but decreased from ¥2,469 million in the previous fiscal year to ¥857 million. - 2026-05-12MitigatedEarnings
「Impairment losses 226 62」
Impairment losses declined to ¥62 million from ¥226 million in the same period of the previous year, although impairment charges continued to be recognized. - FY2026-H1MitigatedAnnual report
「Impairment loss 189 59」
Impairment loss for the six months ended the interim period was ¥59 million, down from ¥189 million in the same period of the previous year. Impairment of store assets and other assets continued, but the amount of the loss declined. - FY2025-H1MitigatedAnnual report
「Impairment loss 728 189」
Impairment loss for the six months ended the interim period was ¥189 million, down from ¥728 million in the same period of the previous year. Impairment of store assets continued, but the amount of the loss declined. - FY2024MitigatedAnnual report
「During the consolidated fiscal year, our group reduced the carrying amount of store assets and other assets to their recoverable amount due to lower profitability, and recorded the resulting reduction of ¥2,344 million as an impairment loss under extraordinary losses.」
Although impairment losses on store assets and other assets occurred, they decreased from ¥2,840 million in the previous fiscal year to ¥2,344 million. The risk continues, but the amount of the loss declined. - FY2024-Q3WorsenedAnnual report
「Impairment loss 112 918」
Impairment loss for the nine months ended the third quarter was ¥918 million, up from ¥112 million in the same period of the previous year. The risk of impairment resulting from lower profitability of store assets and other assets materialized as a larger loss. - FY2024-Q2MaterialisedAnnual report
「Impairment loss 728」
The company recorded an impairment loss of ¥728 million during the six months ended the second quarter, and impairment resulting from lower profitability of store assets and other assets continued to occur. - FY2024-Q1MaterialisedAnnual report
「Impairment loss 35」
The company recorded an impairment loss of ¥35 million during the six months ended the first quarter, and impairment resulting from lower profitability of store assets and other assets continued to occur. - FY2023MaterialisedAnnual report
「During the consolidated fiscal year, our group reduced the carrying amount of store assets and other assets to their recoverable amount due to lower profitability, and recorded the resulting reduction of ¥2,840 million as an impairment loss under extraordinary losses.」
Due to lower profitability of store assets and other assets, the company recorded an impairment loss of ¥2,840 million for the full fiscal year. This was an increase from ¥821 million in the previous fiscal year. - FY2023-Q3MaterialisedAnnual report
「Loss on valuation of investment securities － 162」
The company recorded an impairment loss of ¥112 million during the nine months ended the third quarter, and impairment resulting from lower profitability of store assets and other assets continued to occur. - FY2023-Q2MaterialisedAnnual report
「Impairment loss 91」
The company recorded an impairment loss of ¥91 million during the six months ended the second quarter, and impairment resulting from lower profitability of store assets and other assets continued to occur. - FY2023-Q1MaterialisedAnnual report
「Impairment loss 15」
The company recorded an impairment loss of ¥15 million during the six months ended the first quarter, and impairment resulting from lower profitability of store assets and other assets continued to occur. - FY2022MaterialisedAnnual report
「During the consolidated fiscal year, our group reduced the carrying amount of store assets and other assets to their recoverable amount due to lower profitability, and recorded the resulting reduction of ¥821 million as an impairment loss under extraordinary losses.」
The company recorded an impairment loss of ¥821 million for the full fiscal year due to lower profitability of store assets, meaning that the risk of impairment of fixed assets again materialized as an actual loss. - FY2022-Q3MaterialisedAnnual report
「Impairment loss 26」
The company recorded an impairment loss of ¥26 million due to lower profitability of store assets and other assets, and impairment of fixed assets continued to occur. - FY2022-Q1RestatedAnnual report
「There have been no material changes to the assumptions, including those concerning the timing of the end of the COVID-19 pandemic, described under “Significant Accounting Estimates” in the annual securities report for the previous consolidated fiscal year.」
It states that there have been no material changes from the previous fiscal year to the assumptions, including those concerning the timing of the end of the COVID-19 pandemic. - FY2021-Q3RestatedAnnual report
「Although the end of the COVID-19 pandemic was not expected for the foreseeable future and market stagnation was expected to continue, the company made accounting estimates regarding the recoverability of future cash flows and other matters in the impairment testing of fixed assets, based on the assumption that there would be no large-scale store closures and that new infections would gradually subside over time.」
The company continues to make accounting estimates regarding the recoverability of future cash flows in the impairment testing of fixed assets, taking into account the impact of COVID-19. - FY2021-Q2MaterialisedAnnual report
「Impairment loss 24」
The consolidated statement of cash flows for the six months ended the second quarter records an impairment loss of ¥24 million, indicating that impairment resulting from lower profitability of store assets and other assets occurred. - FY2019-Q2MaterialisedAnnual report
「Impairment losses 19」
The quarterly consolidated statement of cash flows records an impairment loss of ¥19 million, indicating that impairment resulting from lower profitability of store assets and other assets also occurred during the quarter. - FY2017MaterialisedAnnual report
「During the consolidated fiscal year, our group reduced the carrying amount of store assets and other assets to their recoverable amount due to lower profitability and significant declines in land prices, and recorded the resulting reduction of ¥1,991 million as an impairment loss under extraordinary losses.」
The company recorded an impairment loss of ¥1,991 million due to lower profitability of store assets and other factors, meaning that the risk of lower returns on and impairment of fixed assets materialized as an actual loss. - FY2016First statedAnnual report
「Given the nature of our business, our group has a relatively high ratio of property, plant and equipment to total assets. In addition, as we plan to continue opening stores proactively, we expect the proportion of these assets to increase.」
The company recorded an impairment loss of ¥3,962 million on store assets and other assets during the fiscal year, indicating that lower returns on fixed assets resulted in a loss.