Earnings fluctuations from store openings and closures, changes in business format and impairment
First written in FY2017. 33 of 34 entries say "Materialised", first in FY2018-Q2. Latest entry: 2026-10-14.
Life Foods moved to the "Worse" side of this theme in 2017, 2 years before the typical company in this theme (2019).
The whole theme swung hardest in 2017: 13 of 19 companies on the "Worse" side.
4 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Net income was ¥35.783 million, compared with ¥402.103 million in the previous fiscal year, due mainly to the recognition of ¥56.753 million in extraordinary losses, including impairment losses, compared with ¥116.000 million in extraordinary losses in the previous fiscal year.」
In addition to 4 store closures, impairment losses of ¥47.105 million and store closure losses of ¥8.816 million, among other items, occurred, and net income decreased 91.1% year on year. - 2026-04-30MaterialisedGeneral Meetings of Shareholders
「固定資産除却損531千円、減損損失47,105千円、店舗閉鎖損失8,816千円」
店舗閉鎖・減損等による特別損失の発生を継続して示している。 - FY2026-H1MaterialisedAnnual report
「Regarding store expansion during the interim accounting period, 1 store closed, resulting in 91 stores at period-end.」
In addition to 1 store closure, impairment losses of ¥40.533 million, store closure losses of ¥1.476 million, and losses on disposal of fixed assets of ¥0.487 million were recognized, and performance volatility from store openings and closures and impairment losses actually occurred. - FY2025MaterialisedAnnual report
「Net income was ¥402.103 million, compared with a net loss of ¥734.843 million in the previous fiscal year, due mainly to the recognition of ¥116.000 million in extraordinary losses, including impairment losses, compared with ¥469.987 million in extraordinary losses in the previous fiscal year.」
In addition to 3 store closures, impairment losses of ¥54.822 million and store closure losses of ¥54.097 million, among other items, occurred. Meanwhile, total extraordinary losses decreased from the previous fiscal year. - FY2025-H1MaterialisedAnnual report
「Loss on disposal of fixed assets 2,638 Impairment loss 32,914 Store closure loss 51,148」
During the 6-month interim accounting period, the company closed 2 stores and recognized impairment losses of ¥32.914 million, store closure losses of ¥51.148 million, and losses on disposal of fixed assets of ¥2.638 million. Performance volatility from store openings and closures and impairment losses actually occurred. - FY2025-Q1MaterialisedAnnual report
「During the cumulative period through the first quarter, 1 store was closed, resulting in a period-end store count of 94.」
In addition to 1 store closure, losses on disposal of property, plant and equipment of ¥0.610 million and store closure losses of ¥0.839 million were recognized, and losses associated with store closures actually occurred. - FY2024MaterialisedAnnual report
「Net loss was ¥734.843 million, compared with a net loss of ¥447.726 million in the previous fiscal year, due mainly to the recognition of ¥469.987 million in extraordinary losses, including impairment losses, compared with ¥125.925 million in extraordinary losses in the previous fiscal year.」
In addition to 21 store closures and 2 format changes, impairment losses of ¥336.534 million and store closure losses of ¥97.427 million, among other items, occurred, and the net loss widened. - FY2024-Q3MaterialisedAnnual report
「Impairment loss 240,274 Store closure loss 18,806」
In addition to 12 store closures, impairment losses of ¥240.274 million and store closure losses of ¥18.806 million were recognized, and performance volatility from store openings and closures and impairment losses actually occurred. - FY2024-Q2MaterialisedAnnual report
「Impairment loss 240,274 Store closure loss 2,268」
During the 6-month period, the company closed 5 stores, and recognized impairment losses of ¥240.274 million and store closure losses of ¥2.268 million. Performance volatility from store openings and closures and impairment losses actually occurred. - FY2024-Q1MaterialisedAnnual report
「During the cumulative period through the first quarter, 3 stores were closed, resulting in a period-end store count of 113.」
In addition to 3 store closures, impairment losses of ¥4.110 million, store closure losses of ¥1.008 million, and losses on disposal of property, plant and equipment of ¥1.383 million were recognized, and performance volatility from store openings and closures and impairment losses actually occurred. - FY2023MaterialisedAnnual report
「Net loss was ¥447.726 million, compared with net income of ¥60.693 million in the previous fiscal year, due mainly to the recognition of ¥125.925 million in extraordinary losses, including impairment losses, compared with ¥179.725 million in extraordinary losses in the previous fiscal year.」
During the fiscal year under review, the company opened 4 new stores, closed 4 stores and changed the format of 1 store, while extraordinary losses including impairment losses of ¥85.959 million and store closure losses of ¥27.617 million actually occurred. - FY2023-Q3MaterialisedAnnual report
「Impairment loss 35,762 13,592 Store closure loss 16,233 11,363 Loss from temporary store closures and other causes 68,395 4,153」
During the 9-month period, impairment losses of ¥13.592 million, store closure losses of ¥11.363 million, and losses of ¥4.153 million from temporary store closures and other causes were actually recognized. - FY2023-Q2MaterialisedAnnual report
「Impairment loss 13,592 Store closure loss 10,618 Loss from temporary store closures and other causes 4,153」
During the 6-month period, impairment losses of ¥13.592 million, store closure losses of ¥10.618 million, and losses of ¥4.153 million from temporary store closures and other causes were actually recognized. - FY2023-Q1MaterialisedAnnual report
「Loss on disposal of property, plant and equipment of ¥1.627 million, store closure losses of ¥1.618 million, and losses of ¥3.234 million from temporary store closures and other causes」
During the first quarter, store closure losses, losses from temporary store closures and other causes, and losses on disposal of property, plant and equipment were actually recognized. - FY2022MaterialisedAnnual report
「Net income was ¥60.693 million, compared with a net loss of ¥1,693.489 million in the previous fiscal year, due mainly to the recognition of ¥179.725 million in extraordinary losses, including impairment losses, compared with ¥587.757 million in extraordinary losses in the previous fiscal year.」
In addition to 4 new store openings, 5 store closures and 1 format change, impairment losses of ¥57.507 million and store closure losses of ¥20.171 million, among other items, actually occurred. - FY2022-Q3MaterialisedAnnual report
「Impairment loss 35,762 Store closure loss 16,233 Loss from temporary store closures and other causes 68,395」
During the 9-month period, impairment losses of ¥35.762 million, store closure losses of ¥16.233 million, and losses of ¥68.395 million from temporary store closures and other causes, among other items, were actually recognized. Performance volatility from store openings and closures, impairment losses and temporary closures continues to occur. - FY2022-Q2MaterialisedAnnual report
「Impairment loss 35,762 Store closure loss 14,742 Loss from temporary store closures and other causes 51,450」
During the 6-month period, impairment losses of ¥35.762 million, store closure losses of ¥14.742 million, and losses of ¥51.450 million from temporary store closures and other causes, among other items, were actually recognized. - FY2022-Q1MaterialisedAnnual report
「Loss on disposal of property, plant and equipment 4,452 Impairment loss 16,137 Store closure loss 10,350 Loss from temporary store closures and other causes 22,377」
During the first quarter, impairment losses of ¥16.137 million, store closure losses of ¥10.350 million, and losses of ¥22.377 million from temporary store closures and other causes, among other items, were actually recognized. - FY2021-Q3MaterialisedAnnual report
「Extraordinary losses included ¥64.779 million in losses from temporary store closures and other causes, ¥79.595 million in impairment losses, and ¥26.159 million in store closure losses, among other items.」
In addition to 9 store closures, impairment losses of ¥79.595 million, store closure losses of ¥26.159 million, and losses of ¥64.779 million from temporary store closures and other causes were actually recognized. - FY2021-Q2MaterialisedAnnual report
「During the cumulative period through the second quarter, 8 stores were closed, resulting in a store count of 119.」
In addition to 8 store closures, impairment losses of ¥79.595 million and store closure losses of ¥25.463 million were recognized, and performance volatility from store openings and closures and impairment losses actually occurred. - FY2021-Q1MaterialisedAnnual report
「Fixed costs incurred during temporary store closures, including personnel expenses and land and rental costs, are recognized as losses from temporary store closures under extraordinary losses.」
Store closures due to the novel coronavirus pandemic actually occurred, and fixed costs of ¥52.374 million were recognized as losses from temporary store closures under extraordinary losses. - FY2020MaterialisedAnnual report
「In addition, net income decreased 89.0% year on year due to the recognition of ¥101.005 million in extraordinary losses, including impairment losses, compared with ¥67.297 million in extraordinary losses in the previous fiscal year.」
In addition to 2 new store openings, 1 store closure and 1 format change, impairment losses of ¥84.662 million and losses on disposal of fixed assets of ¥14.343 million, among other items, occurred, and net income decreased 89.0%. - FY2020-Q3MaterialisedAnnual report
「During the cumulative period through the third quarter, 2 new stores were opened and 1 store was closed, resulting in a store count of 127.」
Store openings and closures also actually occurred during the quarter, and the income statement recognized impairment losses of ¥9.763 million and losses on disposal of property, plant and equipment of ¥8.016 million. - FY2020-Q2MaterialisedAnnual report
「During the cumulative period through the second quarter, 1 new store was opened and 1 store was closed, resulting in a store count of 126.」
New store openings and store closures also actually occurred during the quarter. Impairment losses decreased from ¥38.961 million in the same quarter of the previous year to ¥9.763 million. - FY2019MaterialisedAnnual report
「Extraordinary losses totaled ¥67.297 million, down 14.2% year on year, comprising ¥61.394 million in impairment losses under the accounting standard for impairment of fixed assets, ¥5.043 million in loss on disposal of fixed assets, and ¥0.859 million in store closure losses.」
In addition to 4 new store openings and 3 store closures, impairment losses of ¥61.394 million, losses on disposal of fixed assets of ¥5.043 million, and store closure losses of ¥0.859 million actually occurred. - FY2019-Q3MaterialisedAnnual report
「Property, plant and equipment amounted to ¥1,357.275 million as a result of fewer new store openings than planned and the recognition of extraordinary losses from impairment losses at existing stores (¥1,383.041 million at the end of the previous fiscal year)」
New store openings fell short of plan, and an impairment loss of ¥42.173 million and store closure losses of ¥0.859 million were recognized during the 9-month period. Performance volatility from store openings and closures and impairment losses actually occurred. - FY2019-Q2MaterialisedAnnual report
「Property, plant and equipment amounted to ¥1,366.533 million as a result of fewer new store openings than planned and the recognition of extraordinary losses from impairment losses at existing stores (¥1,383.041 million at the end of the previous fiscal year)」
New store openings fell short of plan, and an impairment loss of ¥38.961 million at existing stores was actually recognized. Performance volatility from store openings and closures and impairment losses was also confirmed during the quarter. - FY2019-Q1MaterialisedAnnual report
「Regarding store expansion during the cumulative first-quarter period, 2 new stores opened, resulting in 127 stores.」
New store openings also actually occurred during the quarter. No store closures or impairment losses were disclosed in the earnings explanation for the quarter. - FY2018MaterialisedAnnual report
「In addition, net income decreased 56.7% year on year due to the recognition of ¥78.406 million in extraordinary losses, including impairment losses, compared with ¥54.009 million in extraordinary losses in the previous fiscal year.」
Store openings and closures, lower existing-store revenue, higher labor costs and an impairment loss of ¥78.406 million actually occurred, and net income decreased 56.7%. - FY2018-Q3MaterialisedAnnual report
「During the cumulative period through the third quarter, 4 new stores were opened and 2 stores were closed, resulting in a store count of 124.」
Store openings and closures also occurred during the quarter, and the quarterly income statement recognized an impairment loss of ¥4.569 million. Performance volatility from store openings and closures and impairment losses continues to be confirmed as an actual event. - FY2018-Q2MaterialisedAnnual report
「During the cumulative period through the second quarter, 3 new stores were opened and 2 stores were closed, resulting in a store count of 123.」
Store openings and closures actually occurred during the quarter, and an impairment loss of ¥4.569 million was recognized. Performance volatility from store openings and closures and impairment losses was confirmed as an actual event during the period. - FY2017First statedAnnual report
「During the fiscal year under review, the company opened 2 new stores and closed 4 stores, reducing the number of stores by 2 from the previous fiscal year to 122. Revenue decreased 0.5% year on year, mainly because of the decrease in the number of stores, while ordinary profit decreased 3.7% as labor costs increased to improve the labor environment. In addition, net income decreased 17.8% year on year due mainly to the recognition of ¥54.009 million in extraordinary losses, including impairment losses, compared with ¥53.272 million in the previous fiscal year, and ¥193.284 million in income taxes and other taxes, compared with ¥166.981 million in the previous fiscal year.」
The company indicates that trends in new store openings, closures and format changes, existing-store performance, and impairment losses at underperforming stores may affect results, and the current fiscal year actually included a decrease in the number of stores, impairment losses and lower profit.