Impairment Risk from Unprofitable Stores
First written in FY2016. 15 of 23 entries say "Materialised", first in FY2017. Latest entry: FY2026.
Kanmonkai moved to the "Worse" side of this theme in 2017, 1 year before the typical company in this theme (2018).
The whole theme swung hardest in 2017: 10 of 13 companies on the "Worse" side.
7 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「In the consolidated fiscal year, the Company recorded an impairment loss of ¥31.106 million.」
The impairment loss increased from ¥6.736 million in the previous fiscal year to ¥31.106 million, and was incurred at 5 stores in Tokyo, 1 in Chiba, 2 in Osaka and 1 in Mie. - FY2025MitigatedAnnual report
「In the consolidated fiscal year, the Company recorded an impairment loss of ¥6.736 million.」
The impairment loss decreased from ¥17.832 million in the previous fiscal year to ¥6.736 million. However, impairment losses were incurred at stores in Tokyo, Kanagawa, Chiba and Hiroshima. - FY2024WorsenedAnnual report
「In the consolidated fiscal year, the Company recorded an impairment loss of ¥17.832 million.」
The impairment loss increased from ¥14.579 million in the previous fiscal year to ¥17.832 million, and was incurred at 5 stores in Tokyo and 1 store each in Saitama, Chiba, Mie, Osaka and Hiroshima. - FY2023MaterialisedAnnual report
「In the consolidated fiscal year, the Company recorded an impairment loss of ¥14.579 million.」
The Company recorded an impairment loss of ¥14 million for 1 company-operated store in Tokyo where profitability had declined, and the impairment risk associated with unprofitable stores continued to materialize. - FY2022MaterialisedAnnual report
「In the consolidated fiscal year, the Company recorded an impairment loss of ¥44.977 million.」
The Company recorded a ¥44 million impairment loss for 1 store in Hokkaido and 1 in Osaka where profitability had declined. - FY2021MaterialisedAnnual report
「In the consolidated fiscal year, the Company recorded an impairment loss of ¥28.032 million.」
The Company recorded an impairment loss of ¥28 million at 4 stores in Tokyo and 1 store each in Kanagawa, Chiba, Nagano, Okinawa and Singapore, and store profitability risk materialized. - FY2021-Q2MaterialisedAnnual report
「The Company recorded losses related to the temporary closure of stores and other items, as well as a ¥20 million loss on store closures, resulting in a quarterly net loss attributable to owners of the parent of ¥537 million, compared with a loss of ¥304 million in the same quarter of the previous year.」
In addition to the ¥20 million loss on store closures, the Company recorded an impairment loss of ¥6.599 million, and risks related to unprofitable stores and store profitability continued to materialize. - FY2021-Q1MaterialisedAnnual report
「The Company recorded losses related to the temporary closure of stores and other items, as well as a ¥6 million loss on store closures and a ¥6 million impairment loss, resulting in a quarterly net loss attributable to owners of the parent of ¥364 million, compared with a loss of ¥125 million in the same quarter of the previous year.」
Due to declining store profitability resulting from the impact of COVID-19, the Company recorded a ¥6 million loss on store closures and a ¥6 million impairment loss. Risks related to unprofitable stores and store profitability continue to materialize. - FY2020WorsenedAnnual report
「An ¥85 million impairment loss recorded as an extraordinary loss due to declining store profitability resulting from the impact of COVID-19 and other factors」
The impairment loss increased from ¥24 million in the previous fiscal year to ¥85 million, and was incurred at 6 stores in Tokyo, 1 in Saitama, 1 in Osaka and 1 in Hyogo. - FY2020-Q3MaterialisedAnnual report
「Loss on store closures 1,008」
The Company recorded a ¥1.008 million loss on store closures, and losses related to unprofitable stores and other factors continued to be incurred. - FY2020-Q1MaterialisedAnnual report
「Store closure losses 1,514」
In the first quarter, the Company recorded a ¥1.514 million loss on store closures, and losses associated with store closures continued to be incurred. - FY2019-Q3MaterialisedAnnual report
「Store closure losses 3,728」
The Company recorded store closure losses of ¥3.728 million in the cumulative third-quarter period, and losses associated with store closures continue to occur. - FY2019-Q2MaterialisedAnnual report
「Extraordinary losses Store closure losses 3,728」
The Company recorded store closure losses of ¥3.728 million in the cumulative second-quarter period, and losses associated with store closures were incurred. - FY2019-Q1MaterialisedAnnual report
「Extraordinary losses Store closure losses 3,025」
The Company recorded store closure losses of ¥3.025 million in the first quarter, and losses associated with store closures continue to occur. - FY2018MaterialisedAnnual report
「As a result of recording ¥64 million in store closure losses and other items as extraordinary losses, net income attributable to owners of the parent was ¥34 million, compared with a net loss of ¥17 million in the previous fiscal year.」
The Company recorded ¥64 million in store closure losses, and losses associated with the closure of unprofitable stores and other stores were incurred in the annual results. - FY2018-Q3MaterialisedAnnual report
「As a result of recording ¥63 million in store closure losses and other items as extraordinary losses, quarterly net loss attributable to owners of the parent was ¥143 million, an improvement of ¥66 million year on year.」
The Company recorded ¥63 million in store closure losses, and closure losses related to unprofitable stores and other stores continue to materialize. - FY2018-Q2MaterialisedAnnual report
「As a result of recording store closure losses related to the closure of the former store following the relocation of 「吉祥寺の関」, among other items, quarterly net loss was ¥294 million, compared with a loss of ¥356 million in the same quarter of the previous year.」
The Company recorded store closure losses of ¥49.305 million related to the closure of the former store following the relocation of 「吉祥寺の関」, among other items. - FY2018-Q1MaterialisedAnnual report
「Extraordinary losses Store closure losses 4,355」
The Company recorded store closure losses of ¥4.355 million in the first quarter, and losses related to unprofitable stores and other stores continue to occur. - FY2017MaterialisedAnnual report
「The Company recorded ¥21 million in store closure losses related to the closure of stores and ¥36 million in impairment losses related to the closure of unprofitable stores and stores whose contracts had expired, among other items, as extraordinary losses.」
The impairment risk associated with unprofitable stores materialized, and the Company recorded an impairment loss of ¥36.882 million on 2 stores in Tokyo. - FY2016First statedAnnual report
「If the Group records an impairment loss on fixed assets in the future due to underperformance at its stores, this may affect the Group's results.」
The Company recorded an impairment loss of ¥19 million on unprofitable stores during the fiscal year, indicating that store profitability risk has materialized as a loss.