Persistent Negative Operating Cash Flow and Impairment at Rental Storage Facilities
First written in FY2016. 4 of 11 entries say "Restated". Latest entry: FY2025.
Inaba Seisakusho moved to the "Worse" side of this theme in 2018, 2 years before the typical company in this theme (2020).
The whole theme swung hardest in 2025: 43 of 77 companies on the "Worse" side.
27 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「Consolidated fiscal year (1 August 2024 to 31 July 2025): None applicable.」
No impairment loss was recognised during the current consolidated fiscal year for rental storage locations, compared with ¥58.661 million recognised in the previous fiscal year. - FY2024WorsenedAnnual report
「For rental storage locations with persistently negative cash flow from operating activities, the carrying amount was reduced to the recoverable amount during the consolidated fiscal year, and the reduction was recognised as an impairment loss under extraordinary losses.」
The impairment loss associated with persistent operating cash flow deficits at rental storage locations rose sharply to ¥58.661 million from ¥6.098 million in the previous fiscal year. - FY2023MitigatedAnnual report
「For rental storage locations with persistently negative cash flow from operating activities, the carrying amount was reduced to the recoverable amount during the consolidated fiscal year, and the reduction was recognised as an impairment loss under extraordinary losses.」
Impairment continued at locations with persistently negative operating cash flow, but the impairment loss on assets of the Steel Storage Sheds business decreased from ¥33.157 million in the previous fiscal year to ¥6.098 million. - FY2022MaterialisedAnnual report
「For rental storage locations with persistently negative cash flow from operating activities, the carrying amount was reduced to the recoverable amount during the consolidated fiscal year, and the reduction was recognised as an impairment loss under extraordinary losses. The recoverable amount of the asset group was measured using value in use and assessed as zero.」
Due to persistent operating cash flow deficits at rental storage locations, an impairment loss of ¥33.157 million was recognised on assets of the Steel Storage Sheds business during the consolidated fiscal year. - FY2020RestatedAnnual report
「For rental storage locations with persistently negative cash flow from operating activities, the carrying amount was reduced to the recoverable amount during the consolidated fiscal year, and the reduction was recognised as an impairment loss under extraordinary losses.」
Impairment treatment continues for rental storage locations with persistently negative operating cash flow. - FY2020-Q3RestatedAnnual report
「For rental storage locations with persistently negative cash flow from operating activities, the carrying amount was reduced to the recoverable amount during the current consolidated nine-month period, and the reduction was recognised as an impairment loss under extraordinary losses. The recoverable amount of the asset group was measured using value in use and assessed as zero.」
An impairment loss of ¥5.841 million was recognised for rental storage locations with persistently negative cash flow from operating activities. - FY2020-Q2RestatedAnnual report
「For rental storage locations with persistently negative cash flow from operating activities, the carrying amount was reduced to the recoverable amount during the current consolidated six-month period, and the reduction was recognised as an impairment loss under extraordinary losses. The recoverable amount of the asset group was measured using value in use and assessed as zero.」
An impairment loss of ¥5.841 million was recognised for rental storage locations with persistently negative cash flow from operating activities. The amount was unchanged from the previous quarterly report, indicating that the risk continues to materialise. - FY2020-Q1MaterialisedAnnual report
「For rental storage locations with persistently negative cash flow from operating activities, the carrying amount was reduced to the recoverable amount during the current consolidated first quarter, and the reduction was recognised as an impairment loss under extraordinary losses. The recoverable amount of the asset group was measured using value in use and assessed as zero.」
An impairment loss of ¥5.841 million was recognised on assets of the Steel Storage Sheds business relating to rental storage locations with persistently negative cash flow from operating activities. - FY2018WorsenedAnnual report
「For rental storage locations with persistently negative cash flow from operating activities, the carrying amount was reduced to the recoverable amount during the consolidated fiscal year, and the reduction was recognised as an impairment loss under extraordinary losses. The recoverable amount was measured using value in use and calculated as zero.」
For rental storage locations and other assets with persistently negative operating cash flow, an impairment loss of ¥7.589 million was recognised in the Steel Storage Sheds segment, up from ¥1.865 million in the previous fiscal year. - FY2017RestatedAnnual report
「For rental storage locations with persistently negative cash flow from operating activities, the carrying amount was reduced to the recoverable amount during the consolidated fiscal year, and the reduction was recognised as an impairment loss under extraordinary losses.」
An impairment loss of ¥1.865 million was recognised for rental storage locations with persistently negative operating cash flow. - FY2016First statedAnnual report
「For rental storage locations with persistently negative cash flow from operating activities, the carrying amount was reduced to the recoverable amount during the consolidated fiscal year, and the reduction was recognised as an impairment loss under extraordinary losses.」
An impairment loss of ¥1.973 million was recognised for rental storage locations with persistently negative operating cash flow.