Impairment of Fixed Assets and Goodwill Due to Deterioration in the Education-Related Business
First written in FY2020-Q2. 4 of 7 entries say "Materialised", first in FY2020-Q2. Latest entry: FY2026-H1.
The whole theme swung hardest in 2020: 51 of 96 companies on the "Worse" side.
- FY2026-H1MaterialisedAnnual report
「For Yoshino Soiku Co., Ltd. in the education-related business, the carrying amount was reduced to the recoverable amount because of a significant deterioration in the operating environment, and the reduction was recorded as an impairment loss.」
An impairment loss of ¥8.848 million actually occurred at Yoshino Soiku, the successor to the education-related business, because of significant deterioration in the operating environment. - FY2025WorsenedAnnual report
「During the consolidated fiscal year, the group recorded impairment losses on asset groups for the company as a whole, the meat-wholesale business, alcoholic beverage manufacturing, education-related operations, renovation-related operations, welfare services and travel.」
Impairment losses totaled ¥1,302 million and expanded to the company as a whole and the meat-wholesale, alcoholic beverage manufacturing, education-related, reacquired renovation-related, newly acquired welfare-services and travel businesses. Goodwill at Nagomi Sekkei, MAG Partners and Phoenix was impaired because performance deviated from the business plans at acquisition. - FY2025-H1MaterialisedAnnual report
「For the company as a whole and Life Intelligent Enterprise Holdings Co.,Ltd. in the education-related business, the carrying amounts were reduced to recoverable amounts because of a significant deterioration in the operating environment, and the reductions were recorded as impairment losses. For E-Meet Co., Ltd. in the food distribution business, the carrying amount was reduced to the recoverable amount because of a significant deterioration in the operating environment, and the reduction was recorded as an impairment loss. For Soiku Co., Ltd. in the education-related business, the carrying amount was reduced to the recoverable amount because of a significant deterioration in the operating environment, and the reduction was recorded as an impairment loss.」
Impairment caused by significant deterioration in the operating environment occurred at the company level, in the education-related business and at newly established E-Meet, totaling ¥121.874 million. - FY2023MaterialisedAnnual report
「For Bon Sante Co., Ltd. in the food distribution business, the carrying amount was reduced to the recoverable amount because of a significant deterioration in the operating environment of the meat business, and the reduction was recorded as an impairment loss.」
In addition to the education-related business, impairment occurred in the meat business of the food distribution segment because of significant deterioration in the operating environment. Annual impairment losses totaled ¥156.941 million. - FY2020RestatedAnnual report
「For Soiku Co., Ltd. in the education-related business, the carrying amount was reduced to the recoverable amount because of a significant deterioration in the operating environment, and the reduction was recorded as an impairment loss.」
The company continues to report ¥190.439 million in impairment losses on fixed assets and goodwill caused by deterioration in the education-related business environment. - FY2020-Q3RestatedAnnual report
「In the education-related business, fixed assets were impaired because of deterioration in the operating environment, and an impairment loss of ¥119.034 million was recorded during the nine-month period ended 31 December. Goodwill was also impaired because of deterioration in the operating environment, and an impairment loss of ¥65.571 million was recorded during the same period.」
The company continues to report the previously disclosed impairment losses of ¥119.034 million on fixed assets and ¥65.571 million on goodwill in the education-related business. - FY2020-Q2MaterialisedAnnual report
「In the education-related business, fixed assets were impaired because of deterioration in the operating environment, and an impairment loss of ¥119.034 million was recorded during the six-month period ended 30 September. Goodwill was also impaired because of deterioration in the operating environment, and an impairment loss of ¥65.571 million was recorded during the same period.」
The education-related business recorded impairment losses of ¥119.034 million on fixed assets and ¥65.571 million on goodwill, for a total extraordinary loss of approximately ¥184 million.