Komori
Occurring Fact5888DAIWA CYCLE CO.,LTD.Retail

Notice Regarding the Recording of an Extraordinary Loss (Impairment Loss)

The company recognized an impairment loss of ¥13 million on fixed assets at operating stores as an extraordinary loss in the fourth quarter of the fiscal year ended January 2024. The loss had already been reflected in the summary of financial results announced on the same day.

Worth reading
35Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
13
¥ million
Wording
Definitive
How definitive the wording is.

Recognition of Extraordinary Loss (Impairment Loss)

Subject Entity

ＤＡＩＷＡ ＣＹＣＬＥ株式会社（提出会社）

Target Locations / Products

営業店舗の固定資産

This disclosure03/18/2024
Amount of Impact on Business Performance

13百万円（特別損失）

Accounting period in which recognized

2024年1月期第4四半期会計期間

Event that occurred
ItemDetails
Event nameRecognition of Extraordinary Loss (Impairment Loss)
Subject EntityＤＡＩＷＡ ＣＹＣＬＥ株式会社（提出会社）
Target Locations / Products営業店舗の固定資産
Amount of Impact on Business Performance13百万円（特別損失）
Accounting period in which recognized2024年1月期第4四半期会計期間
Items this document does not state (20)
Date of occurrenceDate recognized / date notice receivedCauseImpact on Earnings ForecastType of litigation or proceedingCourt or authorityPlaintiffDefendantDate of filing / date of actionClaim amount / surcharge amountAmount of receivables at risk of non-collection or delayed collectionSuspended operationsScheduled resumption dateInvestigation structureMeasures to prevent recurrenceDirectors' and officers' liabilityVoting rights ownership percentage before the changeVoting rights ownership percentage after the changeOutlookPlanned follow-up disclosure

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

営業店舗の固定資産について、固定資産の減損に係る会計基準に基づき計上したため。

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Recording of an Extraordinary Loss (Impairment Loss) | DAIWA CYCLE CO.,LTD. (5888) timely disclosure | Komori