Impairment Loss Associated with Changes in the Use of Real Estate-Related Assets
First written in FY2017-Q3. 4 of 6 entries say "Materialised", first in FY2017-Q3. Latest entry: FY2019-Q2.
TRUST Holdings moved to the "Worse" side of this theme in 2017, 4 years before the typical company in this theme (2021).
The whole theme swung hardest in 2025: 14 of 21 companies on the "Worse" side.
13 other companies' latest entry also says "Materialised".
- FY2019-Q2MaterialisedAnnual report
「In the Other category, the Company recognized the assets as impairment losses due to the planned change in their use resulting from the planned transfer of the assets held. The impairment loss recognized during the six-month period of the current consolidated fiscal year was ¥5,076 thousand.」
An impairment loss of ¥5,076 thousand was recognized due to the planned change in use resulting from the transfer of assets held. - FY2018RestatedAnnual report
「For assets in the Amusement Business, a decision was made to close the business, and the recoverable amounts of buildings and structures, other assets (tools, furniture and fixtures), and construction in progress were assessed at zero.」
An impairment loss of ¥108,783 thousand associated with the decision to close the restaurant was recognized for the full year. - FY2018-Q2MaterialisedAnnual report
「In the Amusement Business segment, due to changes in the use of assets, the Company recognized the full cost incurred for geological surveys, architectural design and other work at a bathing facility as an impairment loss. In addition, in connection with the planned closure of a creative Japanese restaurant, the Company reduced the carrying amount of the restaurant's equipment to its recoverable amount and recognized the reduction as an impairment loss. The impairment loss recognized during the six-month period of the current consolidated fiscal year was ¥108,783 thousand.」
Impairment losses associated with the change in use and the planned closure of the creative Japanese restaurant were recognized, totaling ¥108,783 thousand. - FY2018-Q1MaterialisedAnnual report
「In the Amusement Business, the Company changed the business plan originally scheduled for its owned real estate and recognized ¥16,935 thousand in costs incurred for geological surveys, architectural design and other work required for that business plan as an impairment loss and an extraordinary loss.」
The Amusement Business recognized ¥16,935 thousand in costs for geological surveys, architectural design and other work as an impairment loss due to a change in the business plan for owned real estate. - FY2017RestatedAnnual report
「Design costs and other expenses Construction in progress 19,971」
The ¥19,971 thousand impairment loss associated with design costs and other expenses resulting from changes in the use of assets in the Real Estate and Related Businesses is also confirmed in the full-year notes. - FY2017-Q3MaterialisedAnnual report
「In the Real Estate and Related Businesses segment, due to changes in the use of assets, the Company recognized the full cost incurred for geological surveys, architectural design and other work as an impairment loss. The impairment loss recognized during the nine-month period of the current consolidated fiscal year was ¥19,971 thousand.」
Due to changes in the use of assets, the Company recognized ¥19,971 thousand in costs for geological surveys, architectural design and other work as an impairment loss.