Impairment Losses from Unprofitable Stores and Other Sites
First written in FY2016. 7 of 13 entries say "Materialised", first in FY2017-Q2. Latest entry: FY2026.
Ride On Express Holdings moved to the "Worse" side of this theme in 2016, 4 years before the typical company in this theme (2020).
The whole theme swung hardest in 2025: 43 of 77 companies on the "Worse" side.
13 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「During the current consolidated fiscal year, the company recorded impairment losses of ¥109.375 million on assets and other items held by directly operated stores.」
Impairment losses at directly operated stores increased from ¥83.264 million in the previous fiscal year to ¥109.375 million, expanding the scale at which the risk associated with unprofitable stores and other locations materialized. - FY2025MitigatedAnnual report
「During the current consolidated fiscal year, the company recorded impairment losses of ¥83.264 million on assets and other items held by directly operated stores.」
Impairment losses at directly operated stores decreased from ¥290.011 million in the previous fiscal year to ¥83.264 million, but the risk associated with unprofitable stores and other locations continues to materialize. - FY2024WorsenedAnnual report
「During the current consolidated fiscal year, the company reviewed the future recoverability of assets at stores showing declining profitability in accordance with the Accounting Standard for Impairment of Fixed Assets, and recorded impairment losses on assets and other items held by directly operated stores.」
Impairment losses at directly operated stores increased from ¥130.286 million to ¥290.011 million, expanding the scale at which the impairment risk at unprofitable stores and other locations materialized. - FY2023MaterialisedAnnual report
「During the current consolidated fiscal year, the company recorded impairment losses on assets and other items held by directly operated stores.」
The company recorded impairment losses of ¥130.286 million on directly operated stores and other locations whose profitability had declined, an increase from ¥45.003 million in the previous fiscal year. - FY2022MaterialisedAnnual report
「During the current consolidated fiscal year, the company recorded impairment losses on assets and other items held by directly operated stores.」
The company recorded impairment losses of ¥45.003 million on directly operated stores whose profitability had declined. Although the amount decreased from ¥110.662 million in the previous fiscal year, the risk continues to materialize. - FY2020MaterialisedAnnual report
「During the current consolidated fiscal year, the company determined that it could no longer expect the originally projected earnings from software used for the partner restaurants’ home-delivery agency service and that there were indications of impairment. It therefore reduced the carrying amount and recorded the reduction as an impairment loss under extraordinary losses.」
Impairment losses increased from ¥13.227 million in the previous fiscal year to ¥83.217 million, this time arising because the originally projected earnings from the Findine software could no longer be expected. - FY2019MaterialisedAnnual report
「The company recorded impairment losses of ¥13.227 million.」
The company recorded impairment losses of ¥13.227 million on directly operated stores and other locations whose profitability had declined, meaning that the impairment risk at unprofitable stores and other locations also materialized in FY2019. The amount decreased from ¥69.261 million in the previous fiscal year. - FY2017MaterialisedAnnual report
「The company recorded impairment losses of ¥78.142 million.」
The impairment risk at unprofitable stores and other locations materialized in FY2017, with impairment losses exceeding the ¥10.861 million recorded in the previous fiscal year. - FY2017-Q2MaterialisedAnnual report
「The company recorded impairment losses of ¥34.303 million as extraordinary losses.」
The risk of impairment at unprofitable stores and other locations materialized as actual impairment losses in the cumulative second quarter of the current consolidated fiscal year. - FY2016First statedAnnual report
「If impairment accounting results in losses on property, plant and equipment and right-of-use assets due to poor store performance or other factors, the Group’s results could be affected.」
During the period, the company recorded impairment losses of ¥10.861 million on stores and software.