Risk of impairment of fixed assets due to deteriorating store profitability
First written in FY2017. 8 of 24 entries say "Restated". Latest entry: FY2026.
Hub moved to the "Worse" side of this theme in 2021, 4 years after the typical company in this theme (2017).
The whole theme swung hardest in 2017: 10 of 13 companies on the "Worse" side.
9 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Impairment losses 44,028 40,373」
Impairment losses during the fiscal year amounted to ¥40.373 million, down from ¥44.028 million in the previous fiscal year. The impairment risk due to deteriorating store profitability remains, but the amount of the loss decreased. - FY2025MitigatedAnnual report
「Impairment losses 72,032 44,028」
Impairment losses during the fiscal year amounted to ¥44.028 million, down from ¥72.032 million in the previous fiscal year. The impairment risk due to deteriorating store profitability remains, but the amount of the loss has decreased. - FY2024WorsenedAnnual report
「Impairment losses 31,125 72,032」
Impairment losses during the fiscal year amounted to ¥72.032 million, up from ¥31.125 million in the previous fiscal year. Impairment related to deteriorating store profitability is expanding as a loss. - FY2024-Q3WorsenedAnnual report
「Impairment losses 13,783 15,957」
Impairment losses during the cumulative third quarter period amounted to ¥15.957 million, up from ¥13.783 million in the same period of the previous year. Impairment related to deteriorating store profitability continues to materialize. - FY2024-Q2WorsenedAnnual report
「Impairment losses 13,324 15,957」
Impairment losses during the cumulative second quarter period amounted to ¥15.957 million, up from ¥13.324 million in the same period of the previous year. Impairment related to deteriorating store profitability continues to materialize. - FY2023MitigatedAnnual report
「Impairment losses 532,182 31,125」
Impairment losses decreased substantially from ¥532.182 million in the previous fiscal year to ¥31.125 million. The impairment risk due to deteriorating store profitability remains, but the amount of the loss has decreased. - FY2023-Q3MitigatedAnnual report
「Impairment losses 351,368 13,783」
Impairment losses during the cumulative third quarter period amounted to ¥13.783 million, a substantial decrease from ¥351.368 million in the same period of the previous year. Impairment related to deteriorating store profitability continues, but the amount of the loss has decreased. - FY2023-Q2MitigatedAnnual report
「Impairment losses 218,643 13,324」
Impairment losses during the cumulative second quarter period amounted to ¥13.324 million, down from ¥218.643 million in the same period of the previous year. Impairment related to deteriorating store profitability continues, but the amount of the loss has decreased. - FY2022WorsenedAnnual report
「Impairment losses 532,182」
Impairment losses during the fiscal year amounted to ¥532.182 million, up from ¥153.577 million in the previous fiscal year. The impairment risk associated with deteriorating store profitability is expanding as a loss. - FY2022-Q3WorsenedAnnual report
「Impairment Losses」
Impairment losses during the cumulative third quarter period amounted to ¥351.368 million, up from ¥218.643 million in FY2022-Q2. The impairment risk associated with deteriorating store profitability continues to materialize as a specific loss. - FY2022-Q2MaterialisedAnnual report
「Special losses Losses on disposal of fixed assets 6,663 Impairment losses 218,643」
An impairment loss of ¥218.643 million was recognized during the cumulative second quarter period, and the impairment risk associated with deteriorating store profitability materialized as a specific loss. - FY2021MaterialisedAnnual report
「Special losses increased by ¥1,835.211 million from the previous fiscal year, mainly due to impairment losses, store closure losses for 16 stores for which closure had been decided or planned, and fixed costs, including personnel expenses and rent, recorded as losses from temporary store closures.」
In addition to impairment losses, store closure losses relating to 16 stores scheduled or decided to close were recognized, and the risk associated with deteriorating store profitability materialized as losses. - FY2021-Q1RestatedAnnual report
「During the cumulative first-quarter period, no new business or other risks arose. In addition, there were no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes to the existing risk of impairment of fixed assets due to deteriorating store profitability. - FY2020MaterialisedAnnual report
「Special losses increased by ¥20.193 million from the previous fiscal year due to increases in losses on disposal of fixed assets and impairment losses.」
Losses on disposal of fixed assets and impairment losses increased, and an impairment loss of ¥16.173 million was recognized during the fiscal year in the statement of cash flows. The risk associated with deteriorating store profitability also materialized during the fiscal year. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter, no new business or other risks arose. In addition, there were no material changes in the business or other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes to the risk of impairment of fixed assets due to deteriorating store profitability. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter, no new business or other risks arose. In addition, there were no material changes in the business or other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes to the risk of impairment of fixed assets due to deteriorating store profitability. - FY2019MitigatedAnnual report
「Special losses decreased by ¥48.899 million from the previous fiscal year due to decreases in losses on disposal of fixed assets and impairment losses.」
Although the impairment risk due to deteriorating store profitability continues to be disclosed, losses on disposal of fixed assets and impairment losses decreased from the previous fiscal year. - FY2019-Q3RestatedAnnual report
「During the cumulative third-quarter period, no new business or other risks arose. In addition, there were no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes to the existing risk of impairment of fixed assets due to deteriorating store profitability. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter, no new business or other risks arose. In addition, there were no material changes in the business or other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes to the existing risk of impairment of fixed assets due to deteriorating store profitability. - FY2018MaterialisedAnnual report
「Special losses increased by ¥38.668 million from the previous fiscal year due to increases in losses on disposal of fixed assets and impairment losses.」
An impairment loss of ¥30.599 million related to store profitability and other factors was recognized during the fiscal year, up from ¥7.910 million in the previous fiscal year. - FY2018-Q3RestatedAnnual report
「During the cumulative third-quarter period, no new business or other risks arose. In addition, there were no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes to the existing risk of impairment of fixed assets due to deteriorating store profitability. - FY2018-Q2RestatedAnnual report
「During the cumulative second-quarter period, no new business or other risks arose. In addition, there were no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes to the existing risk of impairment of fixed assets due to deteriorating store profitability. - FY2018-Q1RestatedAnnual report
「During the cumulative first-quarter period, no new business or other risks arose. In addition, there were no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes to the existing risk of impairment of fixed assets due to deteriorating store profitability. - FY2017First statedAnnual report
「For fixed assets subject to the Accounting Standard for Impairment of Fixed Assets, we determine that there is an indication of impairment and recognize impairment losses when losses arising mainly from store operations remain negative. Accordingly, impairment losses may arise due to deterioration in store profitability and other factors in the future.」
It describes the possibility of impairment due to deteriorating store profitability, and also notes that an impairment loss of ¥7.910 million was recognized during the fiscal year, indicating that the impairment risk materialized.