Impairment of Fixed Assets Due to Deteriorating Facility Performance
First written in FY2020. 6 of 14 entries say "Restated". Latest entry: FY2026.
Smile Holdings moved to the "Worse" side of this theme in 2021, 1 year before the typical company in this theme (2022).
The whole theme swung hardest in 2022: 5 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Current consolidated fiscal year (from 1 April 2025 to 31 March 2026) Kanagawa Prefecture Childcare facility (1 facility) Buildings and structures ¥0.194 million」
Fixed-asset impairment occurred at 1 facility in Kanagawa Prefecture, totaling ¥0.194 million. While both the amount and the number of affected facilities decreased substantially from ¥40.917 million and the previous fiscal year's facilities, impairment continued to occur. - 2026-05-18MitigatedEarnings
「Impairment loss 40,917 194」
Impairment loss declined sharply from ¥40,917 thousand in the previous fiscal year to ¥194 thousand. - FY2025MaterialisedAnnual report
「During the current consolidated fiscal year, the Group recorded an impairment loss. Following a review of the future recoverability of fixed assets held by the Group for facilities expected to face deteriorating profitability, the carrying amount was reduced to the estimated recoverable amount and an impairment loss of ¥40 million was recorded under extraordinary losses.」
Fixed-asset impairment due to deteriorating facility performance occurred again during the fiscal year, and an impairment loss of ¥40 million was recorded. The amount decreased from ¥50 million in the previous fiscal year, but the risk continued to materialize. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new occurrences of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies among the matters concerning business conditions and financial matters described in this interim report, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The Company states that there have been no significant changes in the risk of fixed-asset impairment due to deteriorating facility performance. - FY2024WorsenedAnnual report
「During the current consolidated fiscal year, the Group recognized impairment losses on the following asset groups.」
An impairment loss of ¥50.381 million was recorded for 6 facilities in Tokyo and 5 facilities in Kanagawa Prefecture, increasing both the number of affected facilities and the amount from 2 facilities in Tokyo and ¥48.379 million in the previous fiscal year. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating performance or cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no significant changes in the risk of fixed-asset impairment due to deteriorating facility performance. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating performance or cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no significant changes in the risk of fixed-asset impairment due to deteriorating facility performance. - FY2023MaterialisedAnnual report
「For facilities whose operating cash flow had deteriorated, the carrying amount was reduced to the estimated recoverable amount, and the decrease was recorded as an impairment loss (buildings and structures, ¥28.234 million; tools, furniture and fixtures, ¥0.246 million; other tangible fixed assets, ¥3.504 million; and long-term prepaid expenses, ¥16.393 million) under extraordinary losses.」
An aggregate impairment loss of ¥48.379 million was recorded for 2 childcare facilities in Tokyo whose operating cash flow had deteriorated. - FY2023-Q3RestatedAnnual report
「During the first nine months of the current consolidated fiscal year, there were no material changes in the major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business and accounting matters described in the quarterly report, or in the "Business and Other Risks" described in the securities report for the previous fiscal year.」
The Company states that there have been no significant changes in the risk of fixed-asset impairment due to deteriorating facility performance. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating performance or cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no significant changes in the risk of fixed-asset impairment due to deteriorating facility performance. - FY2023-Q1RestatedAnnual report
「During the first three months of the current consolidated fiscal year, there were no material changes in the major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business and accounting matters described in the quarterly report, or in the "Business and Other Risks" described in the securities report for the previous fiscal year.」
The Company states that there have been no significant changes in the risk of fixed-asset impairment due to deteriorating facility performance. - FY2022MaterialisedAnnual report
「During the current consolidated fiscal year, the Group recorded impairment losses on the following asset groups: childcare facilities in Tokyo (3 facilities), Kanagawa Prefecture (1 facility), and Aichi Prefecture (1 facility), totaling ¥82.240 million.」
The risk of impairment due to deteriorating facility performance materialized again during the fiscal year, with an impairment loss of ¥82.240 million recorded for 5 facilities. The amount decreased from ¥135.806 million in the previous fiscal year. - FY2021MaterialisedAnnual report
「For facilities whose operating cash flow had deteriorated, the carrying amount was reduced to the estimated recoverable amount, and the decrease was recorded as an impairment loss (buildings and structures, ¥91.627 million; tools, furniture and fixtures, ¥2.121 million; other tangible fixed assets, ¥4.281 million; and long-term prepaid expenses, ¥37.775 million) under extraordinary losses.」
An aggregate impairment loss of ¥135.806 million was recorded for 5 facilities in Tokyo and 1 facility in Kanagawa Prefecture. This was an increase from ¥76.024 million in the previous fiscal year. - FY2020First statedAnnual report
「For facilities whose operating income has deteriorated, the carrying amount is reduced to the estimated recoverable amount, and the decrease is recorded as an impairment loss (...) under extraordinary losses.」
An impairment loss of ¥76.024 million was recorded for 2 childcare facilities in Kanagawa Prefecture in the fiscal year ended March 2020.