Revenue Shortfalls and Impairment at STYLE-B and Bicycle Parking Equipment
First written in FY2019. 6 of 10 entries say "Materialised", first in FY2019. Latest entry: FY2025.
Ncd moved to the "Worse" side of this theme in 2019.
0 other companies' latest entry also says "Other".
- FY2025Updated bicycle parking-related impairment lossesAnnual report
「For business-use assets, because the earnings initially anticipated could no longer be expected, their carrying amounts were reduced to their recoverable amounts, and the resulting reduction of ¥27.678 million was recorded as an impairment loss under extraordinary losses.」
Impairment losses of ¥27.678 million were incurred on 6 bicycle parking facilities due to shortfalls in earnings. Although this was down from the ¥45.859 million related to bicycle parking facilities in the previous fiscal year, the risk of shortfalls in earnings continues. - FY2024Updated bicycle parking-related impairment lossesAnnual report
「For business-use assets, because the earnings initially anticipated could no longer be expected, their carrying amounts were reduced to their recoverable amounts, and the resulting reduction of ¥45.859 million was recorded as an impairment loss under extraordinary losses.」
Impairment losses of ¥45.859 million were incurred on 15 bicycle parking facilities due to shortfalls in earnings. This was down from ¥136.081 million in the previous fiscal year, which included 16 bicycle parking facilities and stores. - FY2023MaterialisedAnnual report
「During the consolidated fiscal year, the Group recorded impairment losses on the following asset groups: Tokyo and other areas Bicycle parking facilities (16 sites) Leased assets: ¥116.797 million Other: ¥4.327 million Tools, furniture and fixtures: ¥771 thousand Tokyo Stores Buildings and structures: ¥14.185 million Total: ¥136.081 million」
Impairment losses of ¥136.081 million were recorded on 16 bicycle parking facilities and stores due to shortfalls in earnings. The individual name STYLE-B was not stated. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes were identified in the principal risks relating to shortfalls in earnings and impairment losses on STYLE-B and bicycle parking equipment. - FY2023-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 management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes were identified in the risk of shortfalls in earnings and impairment losses relating to STYLE-B and bicycle parking equipment. - FY2022MaterialisedAnnual report
「For business-use assets, because the earnings initially anticipated could no longer be expected, their carrying amounts were reduced to their recoverable amounts, and the resulting reduction of ¥91.785 million was recorded as an impairment loss under extraordinary losses.」
Impairment losses of ¥91.785 million were incurred on business-use assets related to the bicycle parking business due to shortfalls in earnings. In addition, impairment losses of ¥123.871 million were recorded on idle assets. - FY2021MaterialisedAnnual report
「During the consolidated fiscal year, the Group recorded impairment losses on the following asset groups: Tokyo and other areas Bicycle parking facilities (23 sites) Leased assets: ¥114.074 million Tools, furniture and fixtures: ¥1.394 million Tokyo Stores Buildings and structures: ¥841 thousand」
Impairment losses totaling ¥116.310 million were recorded on 23 bicycle parking facilities and stores due to lower earnings prospects. - FY2021-Q3MaterialisedAnnual report
「Impairment loss - 34,511」
Impairment losses of ¥34.511 million were recorded in the parking systems business, indicating that shortfalls in earnings and impairment of bicycle parking-related assets have continued. - FY2020MaterialisedAnnual report
「During the consolidated fiscal year, the Group recorded impairment losses on the following asset groups: Tokyo and other areas: bicycle parking facilities (7 sites): leased assets, ¥38.218 million; tools, furniture and fixtures, ¥410 thousand. Tokyo: stores: other assets, ¥897 thousand.」
As in the previous fiscal year, impairment losses of ¥39.526 million were recorded on bicycle parking facilities and stores due to lower earnings prospects. - FY2019MaterialisedAnnual report
「As impairment losses of ¥131 million on stores (STYLE-B) and bicycle parking equipment and other assets were recorded as extraordinary losses, net income attributable to owners of the parent was ¥615 million, up 16.8% year on year.」
For STYLE-B and bicycle parking equipment and other assets, the expected earnings could no longer be achieved, and impairment losses of ¥131 million were actually recorded.