Risk of Impairment Losses Due to Deteriorating Store Profitability
First written in FY2016. 15 of 24 entries say "Materialised", first in FY2016. Latest entry: 2026-09-17.
Eternal Hospitality Group moved to the "Worse" side of this theme in 2016, 1 year before 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".
- FY2026-H1MitigatedAnnual report
「Interim consolidated accounting period There are no applicable matters.」
No impairment losses were recorded during the interim consolidated accounting period, and no impairment related to deteriorating store profitability or store closures, which had arisen in the most recent interim period, was disclosed. - FY2025-H1WorsenedAnnual report
「At 株式会社鳥貴族, a consolidated subsidiary of the Company, the carrying amount of asset groups for which a decision to close the stores had been made was reduced to zero, and the resulting decrease of ¥11.040 million was recorded as an impairment loss under extraordinary losses.」
Impairment losses of ¥11.040 million were recorded for 2 stores in Tokyo and Osaka for which closure had been decided. The amount increased from ¥8.036 million in the same period of the previous year, and impairment related to deteriorating store profitability continued to arise. - FY2024MitigatedAnnual report
「The resulting decrease of ¥95.318 million was recorded as an impairment loss under extraordinary losses.」
Impairment losses decreased from ¥420.343 million in the previous fiscal year to ¥95.318 million. Impairment was recorded for a total of 16 stores in Saitama, Tokyo, Chiba, Aichi, Osaka and Kyoto; the risk remains, but its realized scale has contracted. - FY2024-Q3MaterialisedAnnual report
「Extraordinary losses Loss on disposal of fixed assets ¥1.600 million Impairment loss ¥29.654 million」
Impairment losses of ¥29.654 million were recorded during the nine-month period ended [the current third quarter], indicating that the risk related to deteriorating store profitability continued to materialize. The amount decreased from ¥151.734 million in the same period of the previous year. - FY2024-Q1MaterialisedAnnual report
「Impairment loss - ¥8.036 million」
Impairment losses of ¥8.036 million were recorded during the three-month period ended [the current first quarter], indicating that the risk related to deteriorating store profitability continued to materialize. - FY2023WorsenedAnnual report
「For stores under the “鳥貴族” brand, the carrying amount of asset groups whose operating losses had remained negative was reduced to the recoverable amount, and the resulting decrease of ¥268.608 million was recorded as an impairment loss under extraordinary losses. For “TORIKI BURGER” stores, the carrying amount of asset groups whose operating losses had remained negative was reduced to the recoverable amount, and the resulting decrease of ¥151.734 million was recorded as an impairment loss under extraordinary losses.」
Impairment losses totaled ¥420.343 million, up from ¥126.549 million in the previous fiscal year. In addition to “鳥貴族,” impairment also arose at “TORIKI BURGER.” - FY2023-Q2MaterialisedAnnual report
「At 株式会社TORIKI BURGER, a consolidated subsidiary of the Company, the carrying amount of an asset group whose operating losses had remained negative was reduced to its recoverable amount, and the resulting decrease of ¥151.734 million was recorded as an impairment loss under extraordinary losses.」
Impairment losses of ¥151.734 million were recorded for 2 TORIKI BURGER stores in Tokyo because operating losses had remained negative. The risk of deteriorating store profitability also materialized during the quarter. - FY2022MaterialisedAnnual report
「For asset groups whose operating losses have remained negative, carrying amounts were reduced to recoverable amounts, and the resulting decrease of ¥126.549 million was recorded as an impairment loss under extraordinary losses.」
Impairment losses of ¥126.549 million were recorded for a total of 11 stores: 5 in Saitama, 2 each in Tokyo and Chiba, and 1 each in Gifu and Osaka, due to deteriorating store profitability. Although the amount decreased from the previous fiscal year, the risk continued to materialize. - FY2021MaterialisedAnnual report
「For asset groups whose operating losses have remained negative, carrying amounts were reduced to recoverable amounts, and the resulting decrease of ¥276.646 million was recorded as an impairment loss under extraordinary losses.」
Impairment losses of ¥276.646 million were recorded for a total of 20 stores in Tokyo, Saitama, Chiba, Gifu and other areas due to deteriorating store profitability. - FY2021-Q3MaterialisedAnnual report
「Impairment loss ¥73.612 million」
Impairment losses of ¥73.612 million were recorded during the nine-month period ended [the current third quarter], indicating that impairment risk related to deteriorating store profitability and store closures continued to materialize. - FY2021-Q2MaterialisedAnnual report
「For asset groups whose operating losses have remained negative, carrying amounts were reduced to recoverable amounts, and the resulting decrease of ¥68.048 million was recorded as an impairment loss under extraordinary losses.」
Impairment losses of ¥68.048 million were recorded for a total of 6 stores with continuing operating losses: 2 in Tokyo and 1 each in Chiba, Gifu, Shiga and Hyogo. - FY2020MaterialisedAnnual report
「For asset groups whose operating losses have remained negative and asset groups for which a decision to close the stores had been made, carrying amounts were reduced to recoverable amounts, and the resulting decrease of ¥820.881 million was recorded as an impairment loss under extraordinary losses.」
Impairment losses of ¥820.881 million were recorded for asset groups covering a total of 44 stores, including 24 in Tokyo and 7 in Chiba. As in the previous fiscal year, impairment related to deteriorating store profitability and store closures arose. - FY2020-Q3MaterialisedAnnual report
「Impairment loss ¥175.669 million ¥144.492 million」
Impairment losses for the nine-month period ended [the current third quarter] amounted to ¥144.492 million. Although this was down from ¥175.669 million in the nine-month period ended [the previous third quarter], impairment risk related to deteriorating store profitability and store closures materialized again during the period. - FY2020-Q2MaterialisedAnnual report
「During the six-month period ended [the current interim period], the Company recorded impairment losses for the following asset groups.」
Impairment losses of ¥119.626 million were recorded for 3 stores in Tokyo, 2 stores in Chiba and 1 store in Aichi because operating losses had remained negative or closure had been decided. The impairment risk arising from deteriorating store profitability also materialized during the period. - FY2019WorsenedAnnual report
「The company recorded ¥1,416.295 million in impairment losses due to the closure of 20 underperforming stores during the fiscal year and the additional decision to close 16 underperforming stores, among other factors, resulting in a net loss of ¥286.112 million for the fiscal year.」
Impairment losses increased from ¥505.645 million in the previous fiscal year to ¥1,416.295 million. The disclosure states that 20 underperforming stores were closed and that an additional 16 store closures were approved. - FY2019-Q3RestatedAnnual report
「In addition, due to the recording of ¥175.669 million in impairment losses on assets at stores being closed, quarterly net income was ¥310.472 million, down 65.9% year on year.」
The recording of ¥175.669 million in impairment losses on assets at stores being closed is reiterated. - FY2019-Q2MaterialisedAnnual report
「In addition, due to the recording of ¥175.669 million in impairment losses on assets at stores scheduled to be closed, quarterly net income was ¥53.602 million, down 90.2% year on year.」
The company recorded ¥175.669 million in impairment losses for stores scheduled to be closed. The notes state that 13 stores for which closure had been decided were covered. - FY2018WorsenedAnnual report
「For asset groups whose operating losses have remained negative and asset groups for which a decision to close the stores had been made, carrying amounts were reduced to recoverable amounts, and the resulting decrease of ¥505.645 million was recorded as an impairment loss under extraordinary losses.」
The number of unprofitable stores and stores targeted for closure reached 24, and impairment losses rose sharply from ¥56.373 million in the previous fiscal year to ¥505.645 million. The scale of the deterioration in store profitability risk has expanded. - FY2017MaterialisedAnnual report
「For asset groups whose operating losses have remained negative and asset groups for which a decision to close the stores had been made, carrying amounts were reduced to recoverable amounts, and the resulting decrease of ¥56.373 million was recorded as an impairment loss under extraordinary losses.」
Impairment losses related to deteriorating store profitability and store closures arose in 9 asset groups, totaling ¥56.373 million. - FY2016MaterialisedAnnual report
「For asset groups whose operating losses have remained negative, carrying amounts were reduced to recoverable amounts, and the resulting decrease of ¥41.512 million was recorded as an impairment loss under extraordinary losses.」
The disclosure states that ¥41.512 million in impairment losses was recorded for 5 stores during the fiscal year, based on deteriorating store profitability.