Removal of Unneeded Assets and Impairment Charges at the Nagoya and Fukuoka Branches
First written in FY2018. 4 of 13 entries say "Worsened", first in FY2022. Latest entry: FY2024.
Tabikobo moved to the "Worse" side of this theme in 2022, 1 year after the typical company in this theme (2021).
The whole theme swung hardest in 2025: 14 of 21 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「During the consolidated fiscal year, the company reduced the carrying amount of operating assets to their recoverable amount because declining profitability was expected to make recovery of the investment difficult, and recognized an impairment loss of ¥15.494 million.」
The company continued to recognize impairment losses due to declining profitability of operating assets. The impairment loss was ¥15.494 million, down from ¥106.969 million in the previous period. - FY2024-Q4MitigatedAnnual report
「Impairment loss ¥15.494 million」
Impairment loss for the cumulative fourth quarter was ¥15.494 million. Although the amount decreased from ¥106.969 million in the previous consolidated fiscal year and ¥83.156 million in the cumulative third quarter of the previous fiscal year, the impairment process itself continued. - FY2024-Q3MitigatedAnnual report
「Impairment loss ¥13.874 million」
Impairment loss for the cumulative third quarter was ¥13.874 million, down from ¥83.156 million in the same period of the previous year. Impairment of operating assets continued, but the scale decreased. - FY2024-Q1Impairment loss decreased year on yearAnnual report
「Impairment loss: ¥5.554 million」
The company recognized an impairment loss of ¥5.554 million in the first quarter. Impairment continued, but the amount decreased from ¥8.784 million in the same period of the previous year. - FY2023Impairment continued but decreased year on yearAnnual report
「During the consolidated fiscal year, the company reduced the carrying amount of operating assets to their recoverable amount because declining profitability was expected to make recovery of the investment difficult, and recognized an impairment loss of ¥106.969 million.」
The company recognized an impairment loss of ¥106.969 million on the Tokyo head office and Osaka branch. Impairment continued, but the scale decreased from ¥632.823 million in the previous period. - FY2023-Q3WorsenedAnnual report
「Impairment loss ¥83.156 million」
The company recognized an impairment loss of ¥83.156 million for the cumulative third quarter. The scale increased from ¥72.497 million in the cumulative second quarter of the previous fiscal year, and impairment of operating assets due to declining profitability continues. - FY2023-Q2WorsenedAnnual report
「Cash flow from operating activities for the cumulative second quarter was an outflow of ¥881.656 million. Factors reducing cash flow included the recognition of a pretax quarterly net loss of ¥595.808 million, an increase of ¥60.811 million in trade receivables, an increase of ¥253.761 million in travel advances and a decrease of ¥54.202 million in deposits received. These were partly offset by factors increasing cash flow, including the recognition of an impairment loss of ¥72.497 million, an increase of ¥72.570 million in travel advances received and ¥40.189 million in grants received.」
The company recognized an impairment loss of ¥72.497 million for the cumulative second quarter, up from ¥8.784 million reported in the previous quarterly report. Impairment of operating assets due to declining profitability continues. - FY2023-Q1WorsenedAnnual report
「Impairment loss ¥8.784 million」
The company recognized an impairment loss of ¥8.784 million during the first quarter of the current fiscal year. Following the large impairment loss in the previous period, impairment of operating assets due to declining profitability continues. - FY2022WorsenedAnnual report
「During the consolidated fiscal year, the company reduced the carrying amount of operating assets to their recoverable amount because declining profitability was expected to make recovery of the investment difficult, and recognized an impairment loss of ¥632.823 million.」
The scope and scale of impairment expanded from impairment associated with the previous closures of the Fukuoka and Nagoya branches to ¥632.823 million arising from declining profitability at multiple locations, including the Tokyo head office, Osaka branch, Yokohama Minato Mirai branch and overseas subsidiaries. - FY2021AdvancedAnnual report
「The company decided to close its Nagoya branch. In connection with the closure, it recognized an impairment loss on operating assets.」
The company decided to close the Nagoya branch and recognized an impairment loss of ¥1.235 million. Following the closure of the Fukuoka branch in the previous period, the consolidation of locations is progressing. - FY2020AdvancedAnnual report
「The company decided to close its Fukuoka branch. In connection with the closure, it recognized an impairment loss on operating assets.」
The company decided to close the Fukuoka branch and recognized an impairment loss of ¥964 thousand on operating assets. - FY2019Reason for impairment changed from removal of unnecessary assets to declining profitabilityAnnual report
「The company recognized an impairment loss on operating assets because declining profitability made it unlikely that the investment would be recovered.」
The company recognized total impairment losses of ¥6.736 million on operating assets at the Sapporo and Nagoya branches. The reason for impairment changed from the treatment of idle assets following the removal of unnecessary assets in the previous period to the inability to recover the investment due to declining profitability in the current period. - FY2018First statedAnnual report
「The company decided to remove unnecessary assets at its Nagoya and Fukuoka branches. In connection with this decision, it recognized the full carrying amount of assets that became idle as an impairment loss.」
The company recognized impairment losses of ¥3.453 million at the Nagoya branch and ¥1.087 million at the Fukuoka branch, for a total of ¥4.540 million. This was the first specific disclosure of the decision to remove unnecessary assets and the treatment of idle assets.