Impairment losses due to declining profitability across multiple businesses
First written in FY2018. 5 of 10 entries say "Worsened", first in FY2020. Latest entry: FY2026.
Beauty Kadan Holdings moved to the "Worse" side of this theme in 2022, 1 year after the typical company in this theme (2021).
The whole theme swung hardest in 2020: 51 of 96 companies on the "Worse" side.
24 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「During the consolidated fiscal year, the Company recognized impairment losses on the following asset groups: assets for the fresh-flower altar business, ¥847 thousand; assets for the bridal floral-decoration business, ¥161 thousand; total, ¥1.009 million.」
Impairment losses decreased from ¥14.097 million in the previous year to ¥1.009 million, and no impairment loss was recognized on agricultural assets. Impairment losses continued in the fresh-flower altar and bridal floral-decoration businesses. - 2026-08-14MitigatedEarnings forecast revision
「Impairment loss 1,009」
Impairment loss declined from ¥14.097 million in the previous fiscal year to ¥1.009 million, and the relevant reporting-segment business was limited to the fresh-flower altar business. - FY2025WorsenedAnnual report
「For the current consolidated fiscal year, impairment losses were recorded for the following asset groups: ... assets used in the fresh-flower altar business, ¥862 thousand; assets used in the bridal floral decoration business, ¥9,966 thousand; agricultural assets, ¥3,269 thousand; total, ¥14,097 thousand.」
Impairment losses amounted to ¥14,097 thousand, with the assets covered expanding from those used in the fresh-flower altar business to include the bridal floral decoration and agricultural businesses. - FY2024WorsenedAnnual report
「For the current consolidated fiscal year, impairment losses were recorded for the following asset group: ... assets used in the fresh-flower altar business; building improvements, tools, furniture and fixtures, leased assets and software; Kanto Business Division and Kansai Business Section; ¥10,871 thousand; total, ¥10,871 thousand.」
Impairment losses increased from ¥2,202 thousand in the previous year to ¥10,871 thousand, and the areas covered changed from Kanto and Fukuoka to the Kanto Business Division and Kansai Business Section. - FY2023WorsenedAnnual report
「For the current consolidated fiscal year, impairment losses were recorded for the following asset group: ... assets used in the fresh-flower altar business; building improvements, and tools, furniture and fixtures; Kanto and Fukuoka; ¥2,202 thousand; total, ¥2,202 thousand.」
Impairment losses increased from ¥1,879 thousand in the previous year to ¥2,202 thousand, while the regions covered remained Kanto and Fukuoka. - FY2022WorsenedAnnual report
「For the current consolidated fiscal year, impairment losses were recorded for the following asset group: ... assets used in the fresh-flower altar business; vehicles and transportation equipment, and tools, furniture and fixtures; Kanto and Fukuoka; ¥1,879 thousand; total, ¥1,879 thousand.」
Impairment losses increased from ¥1,331 thousand in the previous year to ¥1,879 thousand, and the regions covered expanded from Kanto to Kanto and Fukuoka. - FY2021MitigatedAnnual report
「For the current consolidated fiscal year, impairment losses were recorded for the following asset groups: ... assets used in the fresh-flower altar business, ¥176 thousand; other operating assets, ¥1,154 thousand; total, ¥1,331 thousand.」
Impairment losses declined from ¥25,951 thousand in the previous year to ¥1,331 thousand, and the regions covered narrowed to Kanto. - FY2020WorsenedAnnual report
「Because operating income after allocation of common expenses remained negative in the fresh-flower altar business in Kanto, Osaka, Fukuoka and Takamatsu, the entire carrying amount of the assets related to that business at the time of impairment recognition was recorded as an impairment loss.」
Impairment losses increased from ¥15,254 thousand in the previous year to ¥25,951 thousand, and the regions covered by the fresh-flower altar business expanded from Kanto to include Osaka, Fukuoka and Takamatsu. - FY2019Impairment losses continue, but scope narrowsAnnual report
「For the current consolidated fiscal year, impairment losses were recorded for the following asset groups: ... assets used in the fresh-flower altar business, ¥10,676 thousand; other operating assets, ¥4,577 thousand; total, ¥15,254 thousand.」
Impairment losses declined from ¥24,397 thousand in the previous year to ¥15,254 thousand, and the assets covered in the current year were those used in the fresh-flower altar business and other operating assets. - FY2018First statedAnnual report
「In the bridal floral decoration business, the carrying amount of operating assets was reduced to their recoverable amount due to declining profitability, and the reduction was recorded as an impairment loss under extraordinary losses. In addition, because the originally anticipated earnings from goodwill in the same business were no longer expected to be generated, the full amount of the goodwill was recorded as an impairment loss under extraordinary losses.」
Impairment losses of ¥24,397 thousand were recorded for the year, covering assets used in the fresh-flower altar business, assets and goodwill used in the bridal floral decoration business, and other operating assets.