Impairment Loss Recognized on Equipment at Closed Food-Service Store
First written in FY2021-Q2. 1 of 5 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2024: 19 of 32 companies on the "Worse" side.
10 other companies' latest entry also says "Mitigated".
- FY2022MitigatedAnnual report
「As a result, the carrying amounts of asset groups that have continuously generated negative operating results and asset groups for which a decision to close has been made were reduced to their recoverable amounts, and the resulting reduction of ¥2.956 million was recognized as an impairment loss.」
The impairment loss on restaurant equipment decreased from ¥14.695 million in the previous fiscal year to ¥2.956 million, but impairment losses related to continued losses or decisions to close restaurants continued to be recognized. - FY2022-Q2DroppedAnnual report
「Not applicable.」
The segment information for the cumulative period of the second quarter states that no material impairment loss on fixed assets was recognized. - FY2021Increase in full-year impairment lossAnnual report
「In the restaurant business of consolidated subsidiary JP Power, the carrying amounts of assets in asset groups that have continuously generated negative operating results and of leasehold improvements, restaurant equipment and other assets at restaurants for which a decision to close has been made were reduced to their recoverable amounts, and the resulting reduction of ¥14.695 million was recognized as an impairment loss.」
For restaurant equipment related to decisions to suspend operations or close restaurants, the impairment loss increased from ¥10.298 million for the cumulative second and third quarters to ¥14.695 million for the full year. - FY2021-Q3RestatedAnnual report
「In the Other segment, 1 of the company-operated restaurants operated by consolidated subsidiary JP Power Co., Ltd. was closed. Following a review based on the business outlook, an impairment loss of ¥10.298 million on fixed assets, including the restaurant's leasehold improvements and equipment, was recognized as an extraordinary loss during the cumulative period of the third quarter of the current fiscal year.」
An impairment loss of ¥10.298 million on fixed assets for 1 company-operated restaurant that is currently closed continues to be recognized. - FY2021-Q2First statedAnnual report
「Under “Other,” one of the directly operated restaurants operated by the consolidated subsidiary 株式会社JPパワー was closed. Following consideration based on the outlook for future operations, an impairment loss of ¥10.298 million was recognized as an extraordinary loss during the six-month consolidated cumulative period under review on fixed assets at the location, including leasehold improvements and store equipment.」
For 1 company-operated restaurant that is currently closed, an impairment loss of ¥10.298 million on fixed assets, including leasehold improvements and restaurant equipment, was recognized during the cumulative period of the current quarter.