Risk of Impairment of Fixed Assets
First written in FY2016. 8 of 19 entries say "Materialised", first in FY2016. Latest entry: FY2026-H1.
G-Factory 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 2020: 70 of 120 companies on the "Worse" side.
41 other companies' latest entry also says "Mitigated".
- FY2026-H1MitigatedAnnual report
「(Material impairment losses on property, plant and equipment) Not applicable.」
States that there were no material impairment losses on fixed assets in the segment information for the current interim consolidated accounting period. - FY2025MitigatedAnnual report
「The Group recognized impairment losses of ¥108,264 thousand during the consolidated fiscal year.」
Impairment losses decreased from ¥418,538 thousand in the previous fiscal year to ¥108,264 thousand. However, impairment losses occurred at 2 stores in Singapore and 1 store in Vietnam. - FY2024WorsenedAnnual report
「The Group recognized impairment losses of ¥418,538 thousand during the consolidated fiscal year.」
Impairment losses increased substantially from ¥17,942 thousand in the previous fiscal year to ¥418,538 thousand. Impairment was recognized on cram-school facilities, a food-service facility in Fukuoka, and directly operated stores in Singapore and Vietnam, among others. - FY2023MitigatedAnnual report
「Impairment loss: ¥17,942 thousand」
Impairment losses on fixed assets decreased from ¥63,061 thousand in the previous fiscal year to ¥17,942 thousand. However, impairment losses continued to be recognized at directly operated stores in Tokyo and Vietnam. - FY2022WorsenedAnnual report
「Impairment loss: ¥63,061 thousand」
Impairment losses on fixed assets increased from ¥21,786 thousand in the previous fiscal year to ¥63,061 thousand, indicating that impairment risk expanded in monetary terms. - FY2021MitigatedAnnual report
「During the fiscal year, the Group recognized impairment losses on the following asset groups.」
The Group recognized impairment losses of ¥21,786 thousand at 3 directly operated food-service stores in Tokyo's 23 wards. Impairment continued to occur, but the amount decreased from ¥230,599 thousand in the previous fiscal year. - FY2021-Q3MaterialisedAnnual report
「Impairment loss: ¥15,793 thousand」
The Group recognized impairment losses on fixed assets of ¥15,793 thousand during the cumulative third-quarter period of fiscal 2021, and impairment risk continued to materialize in the results. - FY2020MaterialisedAnnual report
「The Group recognized impairment losses of ¥230,599 thousand during the consolidated fiscal year.」
Impairment losses on fixed assets totaled ¥230,599 thousand, up from ¥88,115 thousand in the previous fiscal year. The amount includes impairment losses attributable to the spread of infectious diseases. - FY2020-Q3MaterialisedAnnual report
「Impairment loss: ¥203,673 thousand」
The Group recognized impairment losses of ¥203,673 thousand during the cumulative third-quarter period, and the risk of impairment of fixed assets materialized as a substantial loss. - FY2020-Q2WorsenedAnnual report
「In the Group's food-service business, the number of customers had declined due to the effects of requests by the national and local governments to refrain from going out following the spread of COVID-19, but some recovery has been seen since the state of emergency was lifted. In these circumstances, the Group has made accounting estimates, including impairment accounting for fixed assets and the recoverability of deferred tax assets, on the assumption that demand will gradually recover and that the pandemic will move toward an end by the end of the consolidated fiscal year.」
The prolonged infectious disease required estimates of fixed-asset impairment and the recoverability of deferred tax assets, making the factors underlying impairment risk more concrete. - FY2019MaterialisedAnnual report
「During the fiscal year, the Group recognized impairment losses on the following asset groups.」
The Group recognized impairment losses of ¥88,115 thousand at locations including Nadayoi Unatoto Shinjuku Center Building, Saryo Miyasaka and Tsugihiro chang, up from ¥23,618 thousand in the previous fiscal year. - FY2018MaterialisedAnnual report
「During the fiscal year, the Group recognized impairment losses on the following asset groups.」
The Group recognized impairment losses of ¥23,618 thousand during the consolidated fiscal year on store assets including Buono Italia Komaki and Napolis Kichijoji. - FY2018-Q3MaterialisedAnnual report
「In the management support business, the Group recognized impairment losses on store assets relating to 5 stores. The impairment losses recognized during the nine-month period of the current consolidated fiscal year amounted to ¥17,203 thousand.」
The Group actually recognized impairment losses of ¥17,203 thousand on store assets relating to 5 stores in the management support business. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
States that there have been no significant changes to existing risks, including the risk of impairment losses on fixed assets. - FY2018-Q1RestatedAnnual report
「During the cumulative first quarter, there were no material changes concerning the occurrence of matters that could have a material impact on investors' decisions among the matters relating to the business and financial conditions described in the quarterly report, or concerning the business and other risks described in the annual securities report for the previous fiscal year.」
States that there have been no significant changes to existing risks, including the risk of impairment losses on fixed assets. - FY2017MaterialisedAnnual report
「The main component was an impairment loss of ¥33,053 thousand.」
The Group recognized impairment losses of ¥33,053 thousand during the consolidated fiscal year, up from ¥1,741 thousand in the previous fiscal year. - FY2017-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no material changes in the matters described in the quarterly securities report concerning the status of the business, financial position, or other matters that could materially affect investors’ decisions, nor in the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company stated that there had been no material changes regarding the risk of impairment of fixed assets. - FY2017-Q1RestatedAnnual report
「There were no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The risk of impairment of fixed assets is disclosed together as having no material changes. - FY2016MaterialisedAnnual report
「During the consolidated fiscal year, the Group recognized impairment losses on the following asset groups. The breakdown of impairment losses was ¥1,330 thousand for buildings and structures and ¥411 thousand for other assets.」
While disclosing the potential for future impairment as a risk, the Group actually recognized total impairment losses of ¥1,741 thousand during the year.