Impairment Risk from Declining Store Profitability
First written in FY2016. 9 of 24 entries say "Worsened", first in FY2020-Q3. Latest entry: 2026-10-15.
Happiness and D moved to the "Worse" side of this theme in 2016, 2 years before the typical company in this theme (2018).
The whole theme swung hardest in 2017: 10 of 13 companies on the "Worse" side.
9 other companies' latest entry also says "Mitigated".
- FY2026-H1WorsenedAnnual report
「For certain stores whose profitability had declined, the company recognized impairment losses and reduced the carrying amount of the relevant asset group to its recoverable amount, recording the resulting reduction of ¥6.495 million as impairment losses under special losses.」
During the interim period, the company recorded impairment losses of ¥6.495 million for 3 stores in Daisen, Akita Prefecture, Kasukabe, Saitama Prefecture, and Nagaoka, Niigata Prefecture. Both the number of stores affected and the amount increased from 1 store and ¥5.783 million in the same period of the previous year. - FY2025MitigatedAnnual report
「In addition, the company recorded special losses of ¥23.306 million on the disposal of property, plant and equipment associated with store renovations and other work, ¥218.207 million in impairment losses, ¥37.970 million in additions to the provision for store closure losses, and ¥2.716 million in lease cancellation losses.」
Impairment losses decreased from ¥262.712 million in the previous fiscal year to ¥218.207 million, but were incurred at 20 stores, and losses due to declining store profitability continued. - FY2025-H1WorsenedAnnual report
「For certain stores whose profitability had declined, the company recognized impairment losses and reduced the carrying amount of the relevant asset group to its recoverable amount, recording the resulting reduction of ¥5.783 million as impairment losses under special losses.」
The company recorded impairment losses of ¥5.783 million for a store in Tokoname, Aichi Prefecture, and losses due to declining store profitability continued to be incurred. - FY2024WorsenedAnnual report
「For certain stores whose profitability had declined, the company recognized impairment losses and reduced the carrying amount of the relevant asset group to its recoverable amount, recording the resulting reduction of ¥262.712 million as impairment losses under special losses.」
Impairment losses due to declining store profitability increased from ¥187.131 million in the previous fiscal year to ¥262.712 million, and store-related losses expanded alongside closures, streamlining and consolidation. - FY2024-Q3MitigatedAnnual report
「For certain stores whose profitability had declined, the company recognized impairment losses and reduced the carrying amount of the relevant asset group to its recoverable amount, recording the resulting reduction of ¥10.779 million as impairment losses under special losses.」
The company recorded impairment losses of ¥10.779 million at 2 stores in Hamamatsu, Shizuoka Prefecture, and Sanyo-Onoda, Yamaguchi Prefecture. Although this was down from ¥62.783 million in the same period of the previous year, impairment losses due to declining store profitability have continued. - FY2024-Q2MitigatedAnnual report
「For certain stores whose profitability had declined, the company recognized impairment losses and reduced the carrying amount of the relevant asset group to its recoverable amount, recording the resulting reduction of ¥2.418 million as impairment losses under special losses.」
The company recorded impairment losses of ¥2.418 million at 1 store in Sanyo-Onoda, Yamaguchi Prefecture, down from ¥40.082 million in the same period of the previous year. Impairment losses due to declining store profitability have continued. - FY2023WorsenedAnnual report
「In addition, the company recorded special losses of ¥3.309 million on the disposal of property, plant and equipment associated with store renovations and other work, ¥20.780 million in additions to the provision for store closure losses associated with decisions to close underperforming stores and other actions, and ¥187.131 million in impairment losses.」
The company recorded impairment losses of ¥187.131 million for 17 underperforming and other stores, as well as ¥20.780 million in provisions for store closure losses. Losses associated with declining store profitability and closures have once again increased significantly. - FY2023-Q3WorsenedAnnual report
「For certain stores whose profitability had declined, the company recognized impairment losses and reduced the carrying amount of the relevant asset group to its recoverable amount, recording the resulting reduction of ¥62.783 million as impairment losses under special losses.」
The company recorded impairment losses of ¥62.783 million for 7 stores in Sapporo, Nobeoka, Kashima, Kyoto, Komatsu, Ichinomiya and Toyama. The impairment amount increased from ¥40.082 million in the previous quarter. - FY2023-Q2WorsenedAnnual report
「For certain stores whose profitability had declined, the company recognized impairment losses and reduced the carrying amount of the relevant asset group to its recoverable amount, recording the resulting reduction of ¥40.082 million as impairment losses under special losses.」
The company recorded impairment losses of ¥40.082 million for 4 stores in Sapporo, Kyoto, Komatsu and Toyama. Impairment losses due to declining store profitability continued from the previous fiscal year. - FY2022WorsenedAnnual report
「In addition, the company recorded special losses of ¥8.397 million on the disposal of property, plant and equipment associated with store renovations, and impairment losses of ¥24.781 million.」
Impairment losses increased from ¥14.776 million in the previous fiscal year to ¥24.781 million, with impairment losses recorded at 4 stores whose profitability had declined. - FY2021MaterialisedAnnual report
「Impairment losses ¥14.776 million」
The company recorded impairment losses of ¥14.776 million on underperforming stores during the fiscal year. Although this was a significant decrease from ¥273.599 million in the previous fiscal year, impairment losses associated with declining store profitability were still incurred. - FY2021-Q3SoftenedAnnual report
「Impairment loss —」
No impairment losses were recorded during the cumulative third quarter under review, down from ¥141.335 million in the same period of the previous year. However, shutdown losses of ¥6.085 million and store closure losses of ¥9.759 million were incurred, and the disclosure does not state that store-related losses have been eliminated. - FY2020WorsenedAnnual report
「In addition, the company recorded special losses totaling ¥412.786 million, including ¥3.383 million in store closure losses, ¥20.643 million in additions to the provision for store closure losses, ¥273.599 million in impairment losses, and ¥114.952 million in store shutdown losses (fixed costs of stores closed in response to requests to suspend operations and other measures).」
Impairment losses increased sharply from ¥2.879 million in the previous fiscal year to ¥273.599 million, while provisions for store closure losses and shutdown losses were also recorded. Losses associated with declining store profitability and closures have increased significantly. - FY2020-Q3WorsenedAnnual report
「As extraordinary losses, the Company recorded an impairment loss of ¥141.335 million for underperforming stores, fixed costs of ¥114.952 million, comprising personnel expenses, land and building rents, and depreciation, for stores that closed because of requests to suspend operations and other measures associated with the spread of COVID-19, recorded as losses from store closures, and a loss on closure of stores scheduled to close of ¥5.107 million.」
Impairment losses on underperforming stores increased to ¥141.335 million, while store closure losses of ¥114.952 million and store shutdown losses of ¥5.107 million were also recorded, resulting in a significant increase in losses associated with declining store profitability and closures. - FY2020-Q2MaterialisedAnnual report
「The Company recorded an impairment loss of ¥37.324 million for 2 underperforming stores as an extraordinary loss.」
An impairment loss of ¥37.324 million was recorded for 2 underperforming stores, indicating that impairment caused by declining store profitability actually occurred. - FY2019-Q3MaterialisedAnnual report
「In addition, an impairment loss of ¥2.622 million for 1 store scheduled to close was recorded as an extraordinary loss in the third quarter of the current fiscal year.」
An impairment loss of ¥2.622 million was incurred for 1 store scheduled to close, and an impairment related to declining store profitability was recorded again in the quarter. - FY2018MitigatedAnnual report
「In addition, the Company recorded an impairment loss of ¥40.565 million for 2 underperforming stores and 1 store scheduled to close as an extraordinary loss, as well as a loss on disposal of property, plant and equipment of ¥9.931 million associated with store renovations and equipment replacement and a loss on sale of property, plant and equipment of ¥1.586 million.」
The impairment loss declined from ¥100.355 million for 5 underperforming stores in the previous fiscal year to ¥40.565 million for 3 stores in the current fiscal year. However, impairments caused by declining store profitability continued to occur. - FY2017MaterialisedAnnual report
「In extraordinary losses, the Company recorded an impairment loss of ¥100.355 million for 5 underperforming stores, a loss on disposal of property, plant and equipment of ¥18.124 million associated with store closures and renovations, and cancellation fees of ¥7.253 million for closed stores, among other items.」
Impairment resulting from declining store profitability actually occurred during the fiscal year, affecting 5 stores and amounting to ¥100.355 million. - FY2017-Q3MaterialisedAnnual report
「Impairment loss 30,499」
An impairment loss of ¥30.499 million was also recorded for the cumulative third quarter of the current fiscal year, indicating that impairments related to declining store profitability continued to occur. - FY2017-Q2MaterialisedAnnual report
「Impairment loss 3,240」
An impairment loss of ¥3.240 million was also recorded for the cumulative second quarter of the current fiscal year. The text provides no further explanation of the number of stores affected or the causes. - FY2016MaterialisedAnnual report
「For certain stores whose profitability had declined, the Company recognized an impairment loss, reduced the carrying amount of the relevant asset group to its recoverable amount, and recorded the resulting reduction of ¥254.028 million as an extraordinary loss.」
The impairment risk resulting from declining profitability at individual stores has materialized as an impairment loss of ¥254.028 million covering 17 stores.