Komori
Hiraki (3059) · RiskMaterialised

Fixed-Asset Impairment Risk from Declining Store Profitability

First written in FY2021. 5 of 5 entries say "Materialised", first in FY2021. Latest entry: 2026-11-05.

5entries
6years
2from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseMaterialisedFY2021 – 2026-11-052021: 120212022: 020222023: 020232024: 020242025: 120252026: 32026
Same theme, other companies
Fixed-Asset Impairment Risk at Unprofitable StoresA theme 35 companies write about · 35 as a headwind · 0 as a tailwind

Hiraki 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: 19 of 22 companies on the "Worse" side.

8 other companies' latest entry also says "Materialised".

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 35 companies compared. The sentences above are computed from all 35.
Full recordFilings, disclosures and news, newest first
  1. FY2026MaterialisedAnnual report

    「As a result, in the mail-order business, where indications of impairment were identified, we reduced the carrying amount to the recoverable amount and recognized the reduction as an impairment loss under extraordinary losses.」

    An impairment loss of ¥23.429 million was recognized on a logistics warehouse in the mail-order business. The impairment risk continued to arise even after the large-scale impairment of multiple assets across the company in the previous fiscal year.
  2. FY2025MaterialisedAnnual report

    「Because operating losses had been recorded for 2 consecutive periods at the larger unit including shared assets, namely the entire company, we examined future recoverability and reduced the carrying amount to the recoverable amount, recording the reduction as an impairment loss under extraordinary losses.」

    Against the backdrop of operating losses for 2 consecutive periods, total impairment losses of ¥607 million were recognized on logistics warehouses, stores and other assets. The risk of impairment of fixed assets due to lower store profitability expanded from the impairment of land at 1 store to the entire company and multiple assets, and materialized.
  3. FY2021MaterialisedAnnual report

    「As a result, for stores whose profitability had declined, we reduced the carrying amount of fixed assets to their recoverable amount and recognized an impairment loss.」

    An impairment loss of ¥58.634 million was recognized on store land in Kobe due to lower profitability in the store-based retail business.
Moved together

"Improving capital efficiency with a target ROE of 8% or higher" moved the same way as this thread, in the same document, in 4 of its 5 moves.

433332★123456
  1. ★This thread
  2. 1Improving capital efficiency with a target ROE of 8% or higher4×
  3. 2Demand Fluctuations Due to Warm Winters and Abnormal Weather3×
  4. 3Business mix of higher revenue, lower operating profit and higher net profit3×
  5. 4Uncertainty in the Demand Environment Due to Economic Stagnation and a Downturn in the Global Economy3×
  6. 5A business policy centered on low prices3×
  7. 6Impact of Exchange-Rate Fluctuations on Import Costs and Profit Margins2×

★ 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
Hiraki's next results are scheduled for 2026-11-05. Read the earnings preview It last moved in the Revisions to earnings forecasts of 2026-11-05: "Materialised".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Fixed-Asset Impairment Risk from Declining Store Profitability | HIRAKI CO.,LTD. (3059) | Komori