Impairment Losses Due to Lower Store Profitability
First written in FY2016. 15 of 21 entries say "Materialised", first in FY2016. Latest entry: FY2026.
Round One moved to the "Worse" side of this theme in 2016, 2 years before the typical company in this theme (2018).
The whole theme swung hardest in 2017: 10 of 13 companies on the "Worse" side.
9 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「The impairment losses recognized during the consolidated fiscal year resulted from reducing to recoverable amounts the carrying amounts of assets at stores for sale attributable to the Japan and Other segments, because the profitability initially anticipated for these assets could no longer be expected.」
The impairment loss decreased from ¥2,000 million in the previous fiscal year to ¥480 million. However, impairment losses continued to occur, totaling ¥165 million in Japan and ¥315 million in Other. - FY2026-H1MaterialisedAnnual report
「Impairment loss － 150」
An impairment loss of ¥150 million was recorded in the interim consolidated fiscal period, and impairment losses due to declining profitability at stores and on operating assets continued to materialize. - FY2025WorsenedAnnual report
「Impairment loss 1,535 2,000」
The impairment loss increased from ¥1,535 million in the previous fiscal year to ¥2,000 million. ¥994 million was recorded in the Japan segment and ¥1,005 million in the Other segment. - FY2024WorsenedAnnual report
「During the consolidated fiscal year, the Group reduced to their recoverable amounts the carrying amounts of operating assets related to stores in the Japan segment for which closure decisions had been made, and operating assets whose profitability had declined significantly. The resulting reduction of ¥548 million was recorded as an impairment loss under extraordinary losses. In addition, for operating assets related to stores in the Other segment whose business environment had changed significantly from when they opened, or whose profitability over the long term had declined significantly from initial assumptions, the Group reduced the carrying amounts to their recoverable amounts. The resulting reduction of ¥1,184 million was recorded as an impairment loss under extraordinary losses.」
The impairment loss totaled ¥1,732 million, up from ¥1,329 million in the previous fiscal year. ¥548 million was recorded in Japan and ¥1,184 million in Other. - FY2024-Q2MaterialisedAnnual report
「Impairment loss 5 63」
An impairment loss of ¥63 million was recorded in the cumulative second quarter of the consolidated fiscal year, and impairment losses due to declining profitability at stores and on operating assets continued to occur. - FY2023MaterialisedAnnual report
「Impairment loss 1,329」
An impairment loss of ¥1,329 million was recorded during the year. This comprised ¥658 million in the Japan segment and ¥671 million in the Other segment, including China, indicating that impairment risks continued to materialize. - FY2023-Q3MaterialisedAnnual report
「Impairment loss 159」
An impairment loss of ¥159 million was recorded in the cumulative third quarter of the consolidated fiscal year. Impairment losses due to declining profitability at stores and on operating assets continued to occur. - FY2023-Q2MaterialisedAnnual report
「Impairment losses 5」
An impairment loss of ¥5 million was recorded in the cumulative second quarter of the consolidated fiscal year. - FY2022MaterialisedAnnual report
「Impairment loss 1,679」
An impairment loss of ¥1,679 million was recorded during the year, covering assets with declining profitability in Japan and the United States, as well as operating assets and other assets in China and Russia. - FY2022-Q3MaterialisedAnnual report
「During the cumulative third quarter of the consolidated fiscal year, the Group recorded a ¥145 million impairment loss under extraordinary losses on operating assets that were no longer expected to be used following the cancellation of store opening plans.」
An impairment loss of ¥145 million was recorded on construction in progress that was no longer expected to be used following the cancellation of store opening plans in China. - FY2021WorsenedAnnual report
「During the consolidated fiscal year, the Group reduced to their recoverable amounts the carrying amounts of operating assets whose profitability had declined significantly. The resulting reduction of ¥1,899 million was recorded as an impairment loss under extraordinary losses.」
The impairment loss increased from ¥1,086 million in the previous fiscal year to ¥1,899 million, of which ¥1,885 million was recorded in the U.S. segment. - FY2021-Q3MaterialisedAnnual report
「During the cumulative third quarter of the consolidated fiscal year, the Group reduced to their recoverable amounts the carrying amounts of operating assets whose profitability had declined significantly. The resulting reduction of ¥1,885 million was recorded as an impairment loss under extraordinary losses.」
An impairment loss of ¥1,885 million was recorded on operating assets in the United States whose profitability had declined significantly. - FY2021-Q2MaterialisedAnnual report
「Impairment loss 180」
An impairment loss of ¥180 million was recorded in the cumulative second quarter of the consolidated fiscal year. - FY2019MaterialisedAnnual report
「During the consolidated fiscal year, the Group reduced to their recoverable amounts the carrying amounts of operating assets whose profitability had declined significantly. The resulting reduction of ¥602 million was recorded as an impairment loss under extraordinary losses.」
An impairment loss of ¥602 million was recorded during the year, comprising ¥154 million in Japan and ¥448 million in the United States. This was down from ¥717 million in the previous fiscal year. - FY2018MaterialisedAnnual report
「During the consolidated fiscal year, the Group reduced to their recoverable amounts the carrying amounts of operating assets related to stores for which closure decisions had been made, and operating assets whose profitability had declined significantly. The resulting reduction of ¥717 million was recorded as an impairment loss under extraordinary losses.」
An impairment loss of ¥717 million was recorded for stores slated for closure or with declining profitability. This was down from ¥1,598 million in the previous fiscal year. - FY2017MaterialisedAnnual report
「During the consolidated fiscal year, the Group reduced to their recoverable amounts the carrying amounts of operating assets related to stores for which closure decisions had been made, and operating assets whose profitability had declined significantly. The resulting reduction of ¥1,598 million was recorded as an impairment loss under extraordinary losses.」
An impairment loss of ¥1,598 million was recorded during the year for stores slated for closure or with declining profitability. This was down from ¥3,052 million in the previous fiscal year. - FY2017-Q1MaterialisedAnnual report
「Impairment loss 118」
An impairment loss of ¥118 million was recorded as an extraordinary loss for the quarter. - FY2016MaterialisedAnnual report
「The Group applies impairment accounting. If it becomes necessary to recognize an impairment loss due to store profitability, trends in the market value of real estate or other factors, this may affect the Group's financial performance. During the consolidated fiscal year, the carrying amounts of operating assets related to stores for which closure decisions had been made, and operating assets whose profitability had declined significantly, were reduced to their recoverable amounts. The resulting reduction of ¥3,052 million was recorded as an impairment loss under extraordinary losses.」
An impairment loss of ¥3,052 million was recorded during the year for stores slated for closure or with declining profitability.