Risk of Impairment of Fixed Assets
First written in FY2018. 10 of 21 entries say "Materialised", first in FY2019. Latest entry: FY2026.
Clip moved to the "Worse" side of this theme in 2021, the same year as the typical company in this theme.
The whole theme swung hardest in 2026: 66 of 128 companies on the "Worse" side.
35 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Other tangible fixed assets: ¥20,091 thousand; software: ¥2,368 thousand; goodwill: ¥7,773 thousand; long-term prepaid expenses: ¥297 thousand; total: ¥30,529 thousand」
Impairment losses on fixed assets and other assets amounted to ¥30,529 thousand, a substantial decrease from ¥77,900 thousand in the previous fiscal year. However, impairment losses continued to be recognized in the food and beverage, cram school and voice-training businesses, among others. - FY2026-H1WorsenedAnnual report
「In the Food and Beverage Business segment, the Company recognized an impairment loss on fixed assets. The amount recognized was ¥3,166 thousand for the current interim consolidated accounting period.」
An impairment loss on fixed assets arose in the Food and Beverage Business, increasing from ¥63 thousand in the same period of the previous year to ¥3,166 thousand. - FY2025WorsenedAnnual report
「Because the originally anticipated earnings could no longer be expected, an impairment loss was recognized. Other tangible fixed assets: ¥43,067 thousand; goodwill: ¥32,016 thousand; long-term prepaid expenses: ¥2,815 thousand; total: ¥77,900 thousand」
Impairment losses on fixed assets and other assets amounted to ¥77,900 thousand in the fiscal year ended March 2025, rising sharply from ¥22,421 thousand in the previous fiscal year. Impairment losses were recognized for cram schools, food and beverage operations, agriculture and goodwill. - FY2025-H1Decrease in impairment loss on fixed assetsAnnual report
「In the Education Business segment, the Company recognized an impairment loss on fixed assets. The amount recognized was ¥403 thousand for the current interim consolidated accounting period.」
An impairment loss on fixed assets was recognized in the Education Business. The amount decreased from ¥403 thousand in the same period of the previous year to ¥63 thousand in the current interim consolidated accounting period. - FY2024WorsenedAnnual report
「An impairment loss was recognized because the originally projected revenue could no longer be expected. Other tangible fixed assets: ¥19.349 million; long-term prepaid expenses: ¥3.071 million; total: ¥22.421 million.」
The risk of impairment of fixed assets continued to materialize, and the impairment loss for the fiscal year ended March 2024 was ¥22.421 million, a substantial increase from ¥4.079 million in the previous fiscal year. - FY2024-Q3Increase in impairment losses on fixed assetsAnnual report
「An impairment loss on fixed assets was recorded in the Education segment. The amount recorded for the cumulative third quarter of the current consolidated fiscal year was ¥12.362 million.」
An impairment loss on fixed assets of ¥12.362 million was recorded in the education business, increasing from ¥2.515 million in the same period of the previous year. - FY2024-Q2MaterialisedAnnual report
「An impairment loss on fixed assets was recorded in the Education segment. The amount recorded for the cumulative second quarter of the current consolidated fiscal year was ¥403 thousand.」
The risk of impairment of fixed assets materialized in the education business, and an impairment loss of ¥403 thousand was recorded. - FY2024-Q1MaterialisedAnnual report
「An impairment loss on fixed assets was recorded in the Education segment. The amount recorded for the cumulative first quarter of the current consolidated fiscal year was ¥403 thousand.」
The risk of impairment of fixed assets materialized in the education business, and an impairment loss of ¥403 thousand was recorded. - FY2023MaterialisedAnnual report
「Impairment loss amount: other tangible fixed assets, ¥1.693 million; long-term prepaid expenses, ¥2.386 million; total, ¥4.079 million. An impairment loss was recognized because the originally projected revenue could no longer be expected.」
An impairment loss on fixed assets also arose in FY2023, totaling ¥4.079 million in the cram school, food service and other businesses. This was an increase from ¥1.225 million in the previous fiscal year. - FY2023-Q3MaterialisedAnnual report
「An impairment loss on fixed assets was recorded in the Education segment. The amount recorded for the cumulative third quarter of the current consolidated fiscal year was ¥2.515 million. An impairment loss on fixed assets was recorded in the Food Service segment. The amount recorded for the cumulative third quarter of the current consolidated fiscal year was ¥352 thousand.」
The risk of impairment of fixed assets materialized, and impairment losses of ¥2.515 million in the education business and ¥352 thousand in the food service business, totaling ¥2.867 million, were recorded. - FY2023-Q2MaterialisedAnnual report
「An impairment loss on fixed assets was recorded in the Food Service segment. The amount recorded for the cumulative second quarter of the current consolidated fiscal year was ¥352 thousand.」
The risk of impairment of fixed assets materialized in the food service business, and an impairment loss of ¥352 thousand was recorded. - FY2022MaterialisedAnnual report
「An impairment loss was recognized because the originally projected revenue could no longer be expected.」
In the fiscal year ended March 2022, an impairment loss totaling ¥1.225 million was also recorded on assets related to the agriculture business, cram schools and food service business. The risk of impairment of fixed assets continues to materialize as an actual loss. - FY2021MaterialisedAnnual report
「Buildings and structures: ¥2.274 million; goodwill: ¥29.117 million; total: ¥31.392 million. An impairment loss was recognized because the originally projected revenue could no longer be expected.」
The risk of impairment of fixed assets materialized, and an impairment loss of ¥2.274 million was recorded on buildings and structures at cram schools. - FY2021-Q3Fixed-asset impairment estimates reflecting assumptions regarding COVID-19Annual report
「The accounting estimates for the current consolidated fiscal year, including the recoverability of deferred tax assets and the determination of fixed-asset impairment, are based on forecast figures that incorporate this assumption.」
The forecast figures used as the basis for determining fixed-asset impairment assume that the impact of COVID-19 will gradually diminish toward the end of the fiscal year. - FY2020RestatedAnnual report
「Under the accounting standard for impairment of fixed assets, fixed assets and other assets held by our group may become subject to impairment, and impairment charges may be required.」
The company reiterates the risk of impairment of fixed assets. It reported no impairment loss for the fiscal year ended March 2020. - FY2019MaterialisedAnnual report
「An impairment loss was recognized because the originally projected revenue could no longer be expected.」
The risk of impairment of fixed assets materialized, and an impairment loss of ¥6.621 million was recorded on buildings and structures at cram schools. - FY2018First statedAnnual report
「Under the accounting standard for impairment of fixed assets, fixed assets and other assets held by our group may become subject to impairment, and impairment charges may be required.」
The company identifies as a significant accounting estimate risk the possibility that fixed assets and other assets may become subject to impairment and require impairment accounting. It reported no impairment loss for the fiscal year ended March 2018.