Recognition of Store Closure and Impairment Losses
First written in FY2023-Q3. 2 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2017: 13 of 19 companies on the "Worse" side.
1 other company's latest entry also says "Restated".
- FY2025RestatedAnnual report
「Impairment loss — — —」
No impairment loss was recognized in the segment information for the fiscal year ended September 2025, and there is no indication that the impairment risk associated with store closures materialized as an actual loss. - FY2024MitigatedAnnual report
「Under extraordinary income and losses, the Company recognized a gain on the sale of investment securities and incurred no impairment loss, resulting in profit before income taxes of ¥972.110 million.」
No impairment loss related to store closures, which had been recognized in the previous fiscal year, arose in the current fiscal year. - FY2023RestatedAnnual report
「For the above stores of 株式会社エリッツ, the Company decided to close them from the standpoint of its store policy. Accordingly, it recognized as an impairment loss the carrying amount of fixed assets to be removed for restoration to the original condition and the estimated cost of restoration work.」
Following the decision to close 2 stores, including the Karasuma-Gojo store, the Company recognized an impairment loss of ¥6.016 million. - FY2023-Q3MaterialisedAnnual report
「For the 2 stores referred to above operated by 株式会社エリッツ in its real estate brokerage business, the Company decided to close the stores during the cumulative nine-month period of the current consolidated fiscal year. Accordingly, it recognized as an impairment loss the carrying amount of fixed assets to be removed for restoration to the original condition and the estimated cost of restoration work.」
Following the decision to close the Karasuma-Gojo store and the store in front of Bukkyo University, the Company recognized an impairment loss of ¥2.988 million.