Impairment risk from declining profitability or falling market prices of school buildings, land and buildings
First written in FY2024. 3 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 43 of 77 companies on the "Worse" side.
23 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Accordingly, if the profitability of the business declines significantly or the market prices of real estate fall substantially, an impairment loss may be recognized, potentially affecting the company's financial condition and operating results.」
The company continues to disclose the impairment risk arising from lower profitability or falling market prices of schools, land and buildings. - FY2025RestatedAnnual report
「If the profitability of the business declines significantly or the market prices of real estate fall substantially, an impairment loss may be recognized, potentially affecting the company's financial condition and operating results.」
The company continues to disclose the impairment risk arising from lower profitability or falling market prices of schools, land and buildings. - FY2025-H1RestatedAnnual report
「During the interim accounting period, there were no significant changes in the occurrence of the major risks that management recognizes could materially affect the company’s financial position, financial performance, and cash flows, or in the matters described as “Business Risks” in the annual securities report for the previous fiscal year.」
The company treats the impairment risk relating to schools, land and buildings as having undergone no material change from the previous fiscal year. - FY2024First statedAnnual report
「If the profitability of the business declines significantly or the market prices of real estate fall substantially, an impairment loss may be recognized, potentially affecting the company's financial condition and operating results.」
The company responds by reviewing indicators of impairment each year and managing profit and loss by location.