Impairment of Store Facilities in the Real Estate Business
First written in FY2019-Q3. 2 of 3 entries say "Materialised", first in FY2019-Q3. Latest entry: FY2020.
FreeBit moved to the "Worse" side of this theme in 2019, 2 years after the typical company in this theme (2017).
The whole theme swung hardest in 2025: 32 of 75 companies on the "Worse" side.
19 other companies' latest entry also says "Materialised".
- FY2020MaterialisedAnnual report
「Based on recent performance and information obtained from major customers, we considered the real estate industry in which 株式会社フォーメンバーズ primarily operates, taking into account the impact of COVID-19, and assumed that recovery would take approximately one year. Based on this assumption, we substantially revised the business plan formulated at the time of investment for assets used in the real estate business and recorded an impairment loss after determining that recovery of the investment could not be expected.」
An impairment loss of ¥172.978 million was incurred on stores and assets used in the real estate business of フォーメンバーズ following a revision of the business plan. - FY2019RestatedAnnual report
「For the stores, fixed assets to be disposed of following relocation within the shopping center were recorded as an impairment loss. The impairment consisted of ¥2.956 million in buildings and structures.」
The annual notes also confirmed an impairment loss of ¥2.956 million on フォーメンバーズ stores resulting from their relocation. - FY2019-Q3MaterialisedAnnual report
「We recorded an impairment loss on certain store facilities operated by 株式会社フォーメンバーズ because the earnings initially anticipated could no longer be expected. The impairment consisted of ¥2.956 million in building fixtures.」
An impairment loss of ¥2.956 million was incurred on certain store facilities operated by フォーメンバーズ because anticipated earnings were not achieved.