Impairment losses due to declining store profitability
First written in FY2016. 15 of 33 entries say "Materialised", first in FY2017. Latest entry: FY2026.
The Monogatari 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.
26 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「For asset groups at stores where a decision had been made to close and asset groups at stores that had continued to record operating losses and experienced declining profitability, the carrying amounts were reduced to their recoverable amounts. The resulting ¥368 million reduction was recorded as an impairment loss under extraordinary losses.」
Impairment losses in FY2026 amounted to ¥368 million, up from ¥105 million in FY2025. The losses were recorded at stores in Aichi, Saitama and Tokyo. - FY2026-H1MaterialisedAnnual report
「Impairment loss — ¥34 million」
No impairment loss was recognized in the same period of the previous year, but an impairment loss of ¥34 million was recognized in the interim consolidated fiscal period. - FY2025-H1MitigatedAnnual report
「Extraordinary losses comprised a loss on disposal of fixed assets of ¥83 million, no impairment loss, store closure losses of ¥63 million, and ¥2 million in provision for store closure losses.」
No impairment loss was recognized in the interim consolidated fiscal period, while store closure losses decreased from ¥103 million in the same period of the previous year to ¥63 million and provision for store closure losses decreased from ¥12 million to ¥2 million. - FY2024MitigatedAnnual report
「An impairment loss of ¥115 million was recognized, bringing the total to ¥891 million.」
The impairment loss in FY2024 was ¥115 million, down from ¥171 million in the previous period. However, store closure losses of ¥253 million were incurred. - FY2024-Q3WorsenedAnnual report
「Loss on disposal of fixed assets ¥263 million Impairment loss ¥61 million Store closure losses ¥241 million」
For the cumulative third-quarter consolidated period, the company recognized an impairment loss of ¥61 million and store closure losses of ¥241 million. Losses associated with declining store profitability and store closures increased from ¥53 million and ¥74 million, respectively, in the same period of the previous year. - FY2024-Q2WorsenedAnnual report
「Impairment loss — ¥61 million Store closure losses ¥26 million ¥103 million Provision for store closure losses — ¥12 million」
For the cumulative second-quarter consolidated period, the company recognized an impairment loss of ¥61 million, store closure losses of ¥103 million, and ¥12 million in provision for store closure losses, resulting in losses associated with declining store profitability and store closures. - FY2024-Q1MaterialisedAnnual report
「Impairment loss — ¥21 million Store closure losses ¥26 million ¥57 million Provision for store closure losses — ¥4 million」
In the first quarter, the company recognized an impairment loss of ¥21 million, store closure losses of ¥57 million, and ¥4 million in provision for store closure losses, resulting in losses associated with declining store profitability and store closures. - FY2023WorsenedAnnual report
「For asset groups at stores where closure decisions had been made and asset groups at stores that had continuously reported operating losses and experienced declining profitability, the carrying amount of each asset group was reduced to its recoverable amount, and the resulting decrease of ¥171 million was recognized as an impairment loss under extraordinary losses.」
The impairment loss in FY2023 was ¥171 million, up from ¥110 million in the previous period. The losses were incurred at stores in Tochigi, Aichi, Mie and China. - FY2023-Q3MitigatedAnnual report
「Impairment loss ¥57 million ¥53 million」
Impair losses for the cumulative third-quarter consolidated period totaled ¥53 million, down from ¥57 million in the same period of the previous year. However, losses associated with declining store profitability continued to occur. - FY2022-Q3MitigatedAnnual report
「Impairment loss ¥71.840 million ¥57.519 million」
Impairment losses for the cumulative third-quarter consolidated period totaled ¥57.519 million, down from ¥71.840 million in the same period of the previous year. However, impairment losses associated with declining store profitability continued to occur. - FY2022-Q2MitigatedAnnual report
「Impairment loss ¥71.840 million ¥39.082 million」
Impairment losses for the cumulative second-quarter period totaled ¥39.082 million, down from ¥71.840 million in the same period of the previous year. However, impairment losses associated with declining store profitability continued to occur. - FY2022-Q1MaterialisedAnnual report
「Impairment loss — ¥38.732 million Store closure losses ¥4.395 million ¥0.250 million Provision for store closure losses — ¥8.035 million」
In the first quarter, the company recognized an impairment loss of ¥38.732 million, store closure losses of ¥0.250 million, and ¥8.035 million in provision for store closure losses, resulting in losses associated with declining store profitability and store closures. - FY2021MitigatedAnnual report
「Extraordinary losses totaled ¥629.150 million, including an impairment loss of ¥71.840 million.」
The impairment loss in FY2021 was ¥71.840 million, down from ¥273.135 million in FY2020. However, impairment losses were actually incurred at stores scheduled for closure and other locations, and the company also disclosed the possibility of additional impairment if the pandemic persisted. - FY2021-Q3WorsenedAnnual report
「If COVID-19 spreads further or its impact lasts longer than expected, the group's financial position and operating results may be materially affected through additional impairment of fixed assets and other factors.」
The company explicitly stated the possibility of additional impairment of fixed assets, assuming that COVID-19 would spread and persist. - FY2021-Q2MaterialisedAnnual report
「Impairment loss ¥63.468 million ¥71.840 million」
For the cumulative second-quarter period, the company recognized an impairment loss of ¥71.840 million, up from ¥63.468 million in the same period of the previous year. Losses associated with declining store profitability continued to materialize. - FY2020WorsenedAnnual report
「Extraordinary losses totaled ¥1,851.583 million, including ¥1,219.344 million in COVID-19-related losses and an impairment loss of ¥273.135 million.」
Impairment losses increased from ¥227.216 million in the previous period to ¥273.135 million, and COVID-19-related losses were also incurred. - FY2020-Q3WorsenedAnnual report
「Impairment losses totaled ¥162.349 million, and store closure losses totaled ¥279.930 million.」
Impairment losses for the cumulative third-quarter consolidated period exceeded the ¥146.403 million recorded in the same period of the previous year, while store closure losses increased from ¥57.399 million in the same period of the previous year to ¥279.930 million. The company also recognized an impairment loss of ¥98.757 million in the third quarter of the consolidated fiscal year based on accounting estimates that assumed the impact of COVID-19. - FY2020-Q2MaterialisedAnnual report
「Impairment loss ¥96.091 million ¥63.468 million Store closure losses ¥5.973 million ¥14.255 million Provision for store closure losses ¥4.400 million ¥4.467 million」
For the cumulative second-quarter period, the company recognized an impairment loss of ¥63.468 million, store closure losses of ¥14.255 million, and ¥4.467 million in provision for store closure losses, with losses associated with declining store profitability and store closures continuing to occur. - FY2020-Q1WorsenedAnnual report
「Store closure losses ¥5.984 million ¥14.255 million」
Store closure losses in the first quarter totaled ¥14.255 million, exceeding the ¥5.984 million recorded in the same period of the previous year. Losses associated with declining store profitability and store closures continued to occur. - FY2019WorsenedAnnual report
「The resulting decrease of ¥227.216 million was recognized as an impairment loss under extraordinary losses.」
Impairment losses associated with declining store profitability and store closures increased from ¥115.326 million in the previous period to ¥227.216 million. - FY2019-Q3WorsenedAnnual report
「Impairment loss ¥111.151 million ¥146.403 million」
Impairment losses for the cumulative third-quarter consolidated period totaled ¥146.403 million, exceeding the ¥111.151 million recorded in the same period of the previous year. Losses associated with declining store profitability continued to occur. - FY2019-Q2MaterialisedAnnual report
「Impairment loss ¥50.652 million ¥96.091 million」
For the cumulative second-quarter period, the company recognized an impairment loss of ¥96.091 million, store closure losses of ¥5.973 million, and ¥4.400 million in provision for store closure losses, with losses associated with declining store profitability and store closures actually occurring. - FY2018MaterialisedAnnual report
「For asset groups at stores scheduled for closure and asset groups at stores that have continuously reported operating losses and experienced declining profitability, the carrying amount of each asset group was reduced to its recoverable amount, and the resulting decrease of ¥115.326 million was recognized as an impairment loss under extraordinary losses.」
An impairment loss of ¥115.326 million was incurred during the full fiscal year at stores and other locations in Ashikaga, Tochigi Prefecture; Saitama, Saitama Prefecture; Okazaki, Aichi Prefecture; Kumamoto, Kumamoto Prefecture; Kawagoe, Saitama Prefecture; and Nagoya, Aichi Prefecture. - FY2018-Q3MaterialisedAnnual report
「Impairment loss — ¥111.151 million Store closure losses ¥7.481 million ¥59.052 million」
For the cumulative third-quarter period, the company recognized an impairment loss of ¥111.151 million and store closure losses of ¥59.052 million, with losses associated with declining store profitability and store closures continuing to occur. - FY2018-Q2MaterialisedAnnual report
「Impairment loss — ¥50.652 million Store closure losses ¥7.383 million ¥59.052 million」
For the cumulative second-quarter period, the company recognized an impairment loss of ¥50.652 million and store closure losses of ¥59.052 million, with losses associated with declining store profitability and store closures continuing to occur. - FY2018-Q1MaterialisedAnnual report
「Impairment loss — ¥50.652 million Provision for store closure losses — ¥59.720 million」
In the first quarter, the company recognized an impairment loss of ¥50.652 million and ¥59.720 million in provision for store closure losses. Losses associated with declining store profitability and store closures continued to materialize. - FY2017MaterialisedAnnual report
「Extraordinary losses totaled ¥136.918 million, including an impairment loss of ¥66.343 million.」
The performance analysis explicitly states that impairment losses were recognized in the current period. - FY2017MaterialisedAnnual report
「For asset groups at stores scheduled for closure, the carrying amount of each asset group was reduced to its recoverable amount, and the resulting decrease of ¥66.343 million was recognized as an impairment loss under extraordinary losses.」
The impairment risk associated with declining store profitability materialized as an impairment loss of ¥66.343 million at stores scheduled for closure. - FY2016First statedAnnual report
「If store profitability declines significantly due to substantial changes in the external environment or other factors, resulting in a significant deviation from the store profitability planned in the business plan, the company may recognize impairment losses.」
Declining profitability at individual stores and deviations from the business plan are treated as impairment risks.