Impairment risk if investments in childcare and nursing facilities cannot be recovered
First written in FY2025. 4 of 9 entries say "Worsened", first in 2026-03-17. Latest entry: 2026-06-23.
QLS Holdings moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2019: 10 of 27 companies on the "Worse" side.
14 other companies' latest entry also says "Restated".
- 2026-06-23RestatedManagement Plan
「We will thoroughly estimate and plan future cash flows when making capital investments and work to minimize the risk of impairment becoming necessary.」
The company reiterates its policy for addressing impairment risk related to fixed assets. No new actual impairment event is disclosed. - FY2026WorsenedAnnual report
「If the performance of the Group’s childcare and nursing and welfare businesses deteriorates significantly and investments in buildings, equipment and other assets at childcare and nursing facilities become difficult to recover, requiring impairment losses to be recognized, this could affect the Group’s financial position and results of operations. The Company recorded an impairment loss of ¥145 million for the fiscal year ending March 2026.」
The impairment risk associated with difficulty recovering facility investments continues, with impairment losses increasing from ¥47 million in the previous fiscal year to ¥145 million in the current fiscal year. - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business risks or material changes to the business risks described in the annual securities report for the previous fiscal year.」
The impairment risk associated with difficulty recovering investments in childcare and nursing facilities is unchanged in all material respects. - FY2025First statedAnnual report
「If the performance of the Group’s childcare and nursing and welfare businesses deteriorates significantly and investments in buildings, equipment and other assets at childcare and nursing facilities become difficult to recover, requiring impairment losses to be recognized, this could affect the Group’s financial position and results of operations. The Company recorded an impairment loss of ¥47 million for the fiscal year ended March 2025.」
The risk of impairment when facility investments cannot be recovered is described, with an actual impairment loss of ¥47 million recorded for the fiscal year ended March 2025.