Impairment Losses on Store and Idle Assets
First written in FY2018. 9 of 16 entries say "Materialised", first in FY2018. Latest entry: FY2026.
Kyowa moved to the "Worse" side of this theme in 2018, 3 years before the typical company in this theme (2021).
The whole theme swung hardest in 2026: 67 of 129 companies on the "Worse" side.
35 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Consolidated fiscal year (1 April 2025 to 31 March 2026) During the consolidated fiscal year, the group recorded impairment losses on the following asset groups.」
The company recorded an impairment loss of ¥5.231 million on store equipment in Nagano, Nagano Prefecture. Impairment continued, but the amount decreased from ¥117.309 million in the previous fiscal year. - FY2025MaterialisedAnnual report
「Because the investment in certain stores was no longer expected to be recoverable due to declining profitability, their carrying amounts were written down to their recoverable amounts, and the resulting decrease was recorded as an impairment loss.」
The company recorded an impairment loss of ¥117.309 million on store equipment in Funabashi, Chiba Prefecture, and Nagoya, Aichi Prefecture. - FY2025-H1MitigatedAnnual report
「Interim consolidated accounting period (1 April 2024 to 30 September 2024) There were no applicable matters.」
No impairment loss was recorded during the interim consolidated accounting period, so impairment recording stopped compared with ¥57.560 million in the same interim period of the previous year. - FY2024-Q3MaterialisedAnnual report
「For rental properties on which impairment losses were recorded, because the investment was no longer expected to be recoverable due to declining profitability, the carrying amounts were written down to their recoverable amounts, and the resulting decrease was recorded as an impairment loss.」
The company recorded an impairment loss of ¥57.560 million on rental properties with declining profitability, meaning that impairment risk had resurfaced. - FY2024-Q2MaterialisedAnnual report
「For rental properties on which impairment losses were recorded, because the investment was no longer expected to be recoverable due to declining profitability, the carrying amounts were written down to their recoverable amounts, and the resulting decrease was recorded as an impairment loss.」
The company recorded an impairment loss of ¥57.560 million on rental properties with declining profitability. - FY2023MitigatedAnnual report
「Consolidated fiscal year (from 1 April 2022 to 31 March 2023): Not applicable.」
No impairment loss was recorded for the consolidated fiscal year, and the ¥48.014 million impairment loss recorded in the previous fiscal year did not continue. - FY2023-Q2MitigatedAnnual report
「Not applicable.」
The segment information for the cumulative second quarter under review states that there were no applicable impairment losses on fixed assets, and no impairment loss was recorded during the period. - FY2022Impairment losses continued, but the amount decreasedAnnual report
「Profit before income taxes for the consolidated fiscal year was ¥215.622 million. This was due to the company assessing the future recoverability of stores with declining profitability among the fixed assets held by the group under the Accounting Standard for Impairment of Fixed Assets, writing down their carrying amounts to their recoverable amounts, and recording an impairment loss of ¥48.014 million.」
The company recorded an impairment loss of ¥48.014 million on stores with declining profitability. Impairment continued, but the amount decreased from ¥131.699 million in the fiscal year ended March 2021. - FY2021MaterialisedAnnual report
「In accordance with the Accounting Standard for Impairment of Fixed Assets, the company recorded impairment losses on fixed assets in the fiscal year ended March 2021.」
The company also recorded an impairment loss of ¥131.699 million in the fiscal year ended March 2021, indicating that the deterioration in asset value due to declining profitability continued to occur. - FY2021-Q2MaterialisedAnnual report
「The company recorded an impairment loss of ¥85.995 million in the Amusement Facility Operations segment.」
During the cumulative second quarter under review, the company recorded an impairment loss of ¥85.995 million in the Amusement Facility Operations segment. - FY2020MaterialisedAnnual report
「This was mainly due to the recording of ¥80.950 million in expenses related to the establishment of a third-party committee and corrections to prior-year financial statements following the discovery of improper transactions at the company, as well as the recording of an impairment loss of ¥151.336 million after assessing the future recoverability of stores with declining profitability among the company's fixed assets under the Accounting Standard for Impairment of Fixed Assets and writing down their carrying amounts to their recoverable amounts.」
The company recorded an impairment loss of ¥151.336 million on stores with declining profitability, meaning that impairment risk had actually materialised during the period. - FY2020-Q3MaterialisedAnnual report
「As an extraordinary loss, the company recorded an impairment loss of ¥15.238 million on unprofitable stores.」
During the cumulative third quarter under review, the company recorded an impairment loss of ¥15.238 million on unprofitable stores, meaning that the deterioration in asset value due to declining profitability had actually occurred. - FY2019WorsenedAnnual report
「For stores where profitability had declined, the company assessed future recoverability under the Accounting Standard for Impairment of Fixed Assets, wrote down their carrying amounts to their recoverable amounts, and recorded an impairment loss of ¥159.758 million.」
The company recorded an impairment loss of ¥159.758 million on stores with declining profitability, an increase from the ¥42.501 million impairment loss recorded in the previous fiscal year. - FY2018MaterialisedAnnual report
「Because the investment in operating assets and idle assets was no longer expected to be recoverable due to declining profitability, their carrying amounts were written down to their recoverable amounts, and the resulting decrease was recorded as an impairment loss.」
The company recorded an impairment loss of ¥42.501 million in the fiscal year ended March 2018, indicating that the deterioration in asset value due to declining profitability had actually occurred.