Impairment Losses Due to Deterioration in Store Performance
First written in FY2021. 5 of 9 entries say "Materialised", first in FY2022-Q2. Latest entry: FY2027-H1.
Kaitori Okoku 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: 10 of 13 companies on the "Worse" side.
9 other companies' latest entry also says "Mitigated".
- FY2027-H1MitigatedAnnual report
「Impairment losses 4,103 -」
No impairment loss was recognized for the interim accounting period, down from ¥4.103 million in the year-earlier period. Although this does not mean that the impairment risk associated with deteriorating store performance has disappeared, no impairment loss was incurred during the current interim period. - FY2026WorsenedAnnual report
「Impairment losses 1,360 15,949」
Impairment losses increased from ¥1.360 million in the previous fiscal year to ¥15.949 million in the current fiscal year, indicating that impairment risk associated with deteriorating store performance and other factors had expanded and materialized. - 2026-04-14MaterialisedEarnings
「Impairment losses 1,360 15,949」
Impairment losses increased from ¥1.360 million to ¥15.949 million, indicating that impairment risk relating to stores and other assets materialized again during the fiscal year. - FY2026-H1MaterialisedAnnual report
「Under extraordinary gains and losses, the company recognized extraordinary losses, including impairment losses, in connection with the withdrawal from the Ryo-hin Kaikan Nagayoshi Nagahara store.」
Regarding impairment risk associated with deteriorating store performance, the company actually recognized ¥4.103 million in impairment losses and other items in connection with the withdrawal from the Ryo-hin Kaikan Nagayoshi Nagahara store. - FY2025MaterialisedAnnual report
「Impairment losses - 1,360」
The company recognized ¥1.360 million in impairment losses during the fiscal year, newly confirming the occurrence of impairment risk associated with deteriorating store performance and other factors. - FY2022WorsenedAnnual report
「As a result of recognizing ¥25 million in extraordinary losses, including ¥17 million in impairment losses and ¥3 million in losses on store closures, net income for the fiscal year was ¥122 million, compared with ¥102 million in the previous fiscal year.」
Impairment losses associated with deteriorating store performance and other factors totaled ¥17 million for the full year, with the impairment risk, including the previously reported ¥1.359 million and ¥4 million in software, expanding and materializing. - FY2022-Q3MaterialisedAnnual report
「For stores whose profitability had declined significantly, we reduced the carrying amounts of their assets to recoverable amounts and recognized ¥1.359 million in impairment losses under extraordinary losses, comprising ¥979,000 for buildings and ¥379,000 for tools, furniture and fixtures. As the business assets were no longer expected to be used, we reduced their carrying amounts to recoverable amounts and recognized ¥4 million in impairment losses under extraordinary losses, all relating to software.」
In addition to ¥1.359 million in impairment losses resulting from lower store profitability, the company recognized ¥4 million in impairment losses on software that was no longer expected to be used, bringing the impairment risk realized as extraordinary losses to a total of ¥5.359 million. - FY2022-Q2MaterialisedAnnual report
「For stores whose profitability had declined significantly, we reduced the carrying amounts of their assets to recoverable amounts and recognized ¥1.359 million in impairment losses under extraordinary losses, comprising ¥979,000 for buildings and ¥379,000 for tools, furniture and fixtures.」
An impairment loss of ¥1.359 million resulting from lower store profitability was actually recognized, and the previously disclosed impairment risk associated with deteriorating store performance materialized. - FY2021First statedAnnual report
「By applying impairment accounting, we assess each store for indications of impairment. If a store's operating profit or loss deteriorates and recovery is not expected in the short term, an impairment loss may be recognized, potentially affecting the company's operating results and financial position.」
The company has newly described, as a standalone major risk, the possibility that impairment losses will affect operating results and financial position if store operating profit or loss deteriorates and short-term recovery is not expected.