Impairment Losses Due to Declining Store Profitability
First written in FY2016. 26 of 27 entries say "Materialised", first in FY2017-Q4. Latest entry: 2026-10-15.
SLD Entertainment moved to the "Worse" side of this theme in 2017, 2 years before the typical company in this theme (2019).
The whole theme swung hardest in 2017: 13 of 19 companies on the "Worse" side.
3 other companies' latest entry also says "Materialised".
- FY2027-H1MaterialisedAnnual report
「Recorded an impairment loss of ¥3 million following the closure of company-operated stores upon the expiration of their fixed-term building lease agreements.」
An impairment loss of ¥3 million was actually recorded following the closure of stores upon the expiration of fixed-term building lease agreements. Impairment risk relating to store profitability and viability became apparent again during the current interim period. - FY2026MaterialisedAnnual report
「In the fiscal year, the Company recorded an impairment loss of ¥23 million and an adjustment to corporate income taxes of ¥15 million (loss).」
The Company recorded an impairment loss of ¥23 million during the fiscal year, and the impairment risk associated with declining store profitability and store closures actually materialised. - FY2026-H1MaterialisedAnnual report
「In addition, the Company recorded an impairment loss of ¥9 million due to the closure of directly operated stores following the expiry of fixed-term building lease agreements, among other factors, resulting in interim net income of ¥82 million, down 14.0% year on year.」
The Company recorded an impairment loss of ¥9 million in connection with the closure of directly operated stores following the expiry of fixed-term building lease agreements. The impairment risk associated with declining store profitability and store closures also actually materialised during the interim period. - FY2025MaterialisedAnnual report
「Although revenue, operating income and ordinary income increased from the previous fiscal year, net income decreased due to the recognition of extraordinary losses and deferred tax assets. In the previous fiscal year, the Company recorded an impairment loss of ¥10 million and an adjustment to corporate income taxes of negative ¥54 million (benefit), while in the current fiscal year it recorded an impairment loss of ¥17 million and an adjustment to corporate income taxes of negative ¥24 million (benefit).」
The Company recorded an impairment loss of ¥17 million related to stores whose profitability had declined and other assets, up from ¥10 million in the previous fiscal year. The impairment risk also actually materialised during the fiscal year. - FY2024MaterialisedAnnual report
「In terms of profit, despite higher procurement prices, the Company reviewed the materials used, optimised labour costs through stricter employee shift management at stores, and reduced selling, general and administrative expenses through operational improvements. As a result, profit improved substantially from the same period of the previous year, with operating income of ¥133 million, compared with an operating loss of ¥259 million in the previous fiscal year, and ordinary income of ¥138 million, compared with an ordinary loss of ¥188 million in the previous fiscal year. In addition, although the Company recorded an impairment loss of ¥10 million related to directly operated stores for which closure decisions had been made and stores whose profitability had declined,」
The Company recorded an impairment loss of ¥10 million for stores scheduled for closure and stores whose profitability had declined. The impairment risk also actually materialised during the fiscal year. - FY2024-Q3MaterialisedAnnual report
「Impairment loss 7,630」
The Company recorded an impairment loss of ¥7.630 million during the cumulative third quarter, and impairment associated with declining store profitability actually occurred. - FY2024-Q2MaterialisedAnnual report
「In addition, although the Company recorded an impairment loss of ¥5 million on store assets whose profitability had declined as a special loss, quarterly net income was ¥81 million, compared with a quarterly net loss of ¥108 million in the same period of the previous year,」
The Company recorded an impairment loss of ¥5 million on store assets whose profitability had declined, and impairment associated with declining store profitability also occurred during the quarter. - FY2023MaterialisedAnnual report
「In addition, the Company recorded an impairment loss of ¥46 million related to directly operated stores for which closure decisions had been made and stores whose profitability had declined, among other factors, resulting in a net loss of ¥238 million for the fiscal year, compared with net income of ¥13 million in the previous fiscal year.」
The Company recorded an impairment loss of ¥46 million for stores scheduled for closure and stores whose profitability had declined. The impairment risk also materialised during the fiscal year. - FY2023-Q2MaterialisedAnnual report
「Impairment loss 2,369」
The Company recorded an impairment loss of ¥2.369 million during the cumulative second quarter, and the impairment risk arising from declining store profitability actually materialised. - FY2022MaterialisedAnnual report
「In addition, the Company recorded an impairment loss of ¥35 million related to directly operated stores for which closure decisions had been made in light of the impact of the above-mentioned infectious disease and stores whose profitability had declined, among other factors, resulting in net income of ¥13 million, compared with a net loss of ¥740 million in the previous fiscal year.」
The Company actually recorded an impairment loss of ¥35 million for stores scheduled for closure and stores whose profitability had declined. - FY2021MaterialisedAnnual report
「In addition, the Company recorded an impairment loss of ¥113 million related to directly operated stores for which closure decisions had been made in light of the impact of the above-mentioned infectious disease and stores whose profitability had declined, among other factors, resulting in a net loss of ¥740 million for the fiscal year, compared with net income of ¥2 million in the previous fiscal year.」
The Company recorded an impairment loss of ¥113 million for stores scheduled for closure and stores whose profitability had declined, and the risk associated with declining store profitability materialised significantly. - FY2021-Q3MaterialisedAnnual report
「In addition, the Company recorded an impairment loss of ¥25 million related to directly operated stores for which closure decisions had been made in light of the impact of the above-mentioned infectious disease, among other factors, resulting in a quarterly net loss of ¥601 million, compared with a quarterly net loss of ¥35 million in the same period of the previous year.」
The Company recorded an impairment loss of ¥25 million on directly operated stores for which closure decisions had been made in light of the impact of COVID-19. Impairment losses associated with declining store profitability and store closures also occurred during the quarter. - FY2021-Q1MaterialisedAnnual report
「In addition, the Company recorded an impairment loss of ¥23 million related to directly operated stores for which closure decisions had been made in light of the impact of the above-mentioned infectious disease, among other factors, resulting in a quarterly net loss of ¥348 million, compared with a quarterly net loss of ¥24 million in the same period of the previous year.」
The Company recorded an impairment loss of ¥23 million on directly operated stores for which closure decisions had been made in light of the impact of COVID-19. Impairment losses associated with declining store profitability and store closures also occurred during the quarter. - FY2020MaterialisedAnnual report
「For the fiscal year (1 March 2019 to 29 February 2020), the Company recorded an impairment loss of ¥8.204 million as an extraordinary loss for a store for which a closure decision had been made.」
The Company actually recorded an impairment loss of ¥8.204 million for a store scheduled for closure, and impairment losses associated with declining store profitability and store closures continued to occur. - FY2019MaterialisedAnnual report
「Fiscal year (1 April 2018 to 28 February 2019) (1) The Company recorded impairment losses on the following asset group. Tokyo: 1 store; store buildings and other assets: ¥16.667 million」
The Company actually recorded an impairment loss of ¥16.667 million for 1 store for which a closure decision had been made. As in the previous fiscal year, impairment losses associated with declining store profitability and store closures occurred. - FY2018MaterialisedAnnual report
「Profit decreased because the Company recorded impairment losses of ¥336 million as extraordinary losses, including impairment losses related to certain underperforming stores.」
The Company recorded extraordinary losses of ¥336 million, including impairment losses of ¥307 million, during the fiscal year, and the impairment risk arising from declining store profitability continued to materialise. - FY2018-Q4MaterialisedAnnual report
「In addition, the Company newly recorded an extraordinary loss of ¥11 million related to the impairment of fixed assets at certain stores, taking into account the review of operating conditions associated with renovations at the shopping facilities where the stores are located.」
Based on the review of store operating conditions and other factors, the Company newly recorded an impairment loss of ¥11 million at certain stores. Cumulative impairment losses for the first 3 quarters amounted to ¥227 million. - FY2018-Q3MaterialisedAnnual report
「In addition to the impact of lower revenue from the food service business described above, the Company reviewed the recoverability of fixed assets at certain underperforming stores and recorded an impairment loss of ¥215 million as an extraordinary loss.」
The Company actually recorded an impairment loss of ¥215 million at underperforming stores, and the impairment risk arising from declining store profitability materialised again. - FY2017MaterialisedAnnual report
「In addition, the Company recorded an extraordinary loss of ¥104 million related to the impairment of fixed assets at stores whose profitability had declined during the fiscal year.」
An impairment loss of ¥104.503 million due to declining store profitability was actually recorded in the fiscal year. - FY2017-Q4MaterialisedAnnual report
「In addition, the Company recorded an extraordinary loss of ¥94 million related to the impairment of fixed assets at certain stores whose profitability had declined, resulting in a quarterly net loss of ¥163 million, compared with quarterly net income of ¥67 million in the same period of the previous year.」
The Company actually recorded a ¥94 million impairment loss on fixed assets at stores with declining profitability, and the impairment risk arising from declining store profitability has materialised again. - FY2016First statedAnnual report
「If profitability declines materially due to rapid changes in the external environment or other factors, or if a decision is made to close a store, the Company may record impairment losses.」
The Company actually recorded an impairment loss of ¥96.132 million in the fiscal year, indicating that the risks associated with declining profitability and store closures have materialised.