Risk of Impairment Losses from Unprofitable Stores
First written in FY2017. 9 of 13 entries say "Materialised", first in FY2018. Latest entry: FY2026.
Misawa & moved to the "Worse" side of this theme in 2018, 1 year after the typical company in this theme (2017).
The whole theme swung hardest in 2024: 19 of 32 companies on the "Worse" side.
11 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Impairment loss 49,583」
The company recorded ¥49.583 million in impairment losses in the current fiscal year, meaning that the impairment risk from unprofitable locations has materialised and increased from ¥11.904 million in the previous fiscal year. - FY2025MaterialisedAnnual report
「Impairment loss 11,904」
The company recorded ¥11.904 million in impairment losses in the current fiscal year, meaning that the impairment risk from unprofitable locations continues to materialise. - FY2024MaterialisedAnnual report
「Impairment loss 21,994」
The company recorded ¥21.994 million in impairment losses in the current fiscal year, meaning that the impairment risk from unprofitable locations has materialised. - FY2024-Q3MitigatedAnnual report
「Cumulative third quarter (from 1 February 2023 to 31 October 2023) Not applicable.」
No impairment losses on stores due to declining profitability were recorded during the cumulative third quarter. This indicates that no such losses occurred during the period, rather than describing the risk relating to unprofitable stores itself. - FY2023MaterialisedAnnual report
「Impairment loss 21,243」
The company recorded ¥21.243 million in impairment losses in the current fiscal year, and the risk of impairment from unprofitable stores and other locations continues to materialise. - FY2023-Q3MaterialisedAnnual report
「For stores used in the unico business, because declining profitability made recovery of the investments unlikely, the carrying amounts of the relevant stores were reduced to their recoverable amounts. The resulting decrease of ¥12.245 million was recorded as an extraordinary loss.」
Impairment losses from unprofitable stores occurred again, and ¥12.245 million was recorded for a store used in the unico business in Nara, Nara Prefecture. - FY2021MitigatedAnnual report
「The consolidated fiscal year (from 1 February 2020 to 31 January 2021): Not applicable.」
No impairment losses relating to unprofitable stores were recorded in the current consolidated fiscal year. The risk of unprofitable stores in the future continues to be disclosed. - FY2020MaterialisedAnnual report
「For stores used in the unico business, because declining profitability made recovery of the investments unlikely, the carrying amounts of the relevant stores were reduced to their recoverable amounts. The resulting decrease of ¥55.528 million was recorded as an extraordinary loss.」
Impairment losses from unprofitable stores again occurred in the current period, and ¥55.528 million was recorded for stores used in the unico business. - FY2019MaterialisedAnnual report
「For stores used in the unico business, because declining profitability made recovery of the investments unlikely, the carrying amounts of the relevant stores were reduced to their recoverable amounts. The resulting decrease of ¥97.182 million was recorded as an extraordinary loss.」
The risk of impairment losses from unprofitable stores materialised again in the current period, and ¥97.182 million in impairment losses was recorded for stores used in the unico business. - FY2018MaterialisedAnnual report
「For stores used in the unico and food businesses, because declining profitability made recovery of the investments unlikely, the carrying amounts of the relevant stores were reduced to their recoverable amounts. The resulting decrease of ¥316.028 million was recorded as an extraordinary loss.」
As declining profitability made recovery of investments in stores in the unico and food businesses unlikely, the company recorded ¥316.028 million in impairment losses. - FY2017First statedAnnual report
「If customer traffic from the customer segment targeted by our group declines in the regions or commercial facilities where our group operates stores, resulting in unprofitable stores, this could affect our group's performance.」
The company describes quarterly assessments for indications of impairment as a response. In the current fiscal year, it actually recorded ¥195.391 million in impairment losses on stores.