Impairment of Fixed Assets at Childcare Facilities
First written in FY2020. 3 of 9 entries say "Materialised", first in FY2022. Latest entry: FY2026.
Sakurasaku Plus moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
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
「Extraordinary losses were ¥201 million, down ¥142 million from the previous consolidated fiscal year (¥343 million in the same period of the previous year). This was mainly due to the recognition of ¥190 million in impairment losses (¥321 million in the same period of the previous year).」
Impairment losses declined from ¥321 million in the previous fiscal year to ¥190 million. However, impairment losses were incurred at 6 facilities in the Kanto region and 1 facility in the Kansai region, so the risk itself remains. - FY2025MitigatedAnnual report
「Extraordinary losses totaled ¥343 million, a decrease of ¥53 million from the previous consolidated fiscal year (¥396 million in the previous year). This was mainly due to the recognition of impairment losses of ¥321 million (¥375 million in the previous year).」
Impairment losses declined from ¥375 million in the previous year to ¥321 million. However, impairment losses arose at 5 nursery schools, 3 cram schools and 2 restaurants, so the risk itself continues. - FY2024WorsenedAnnual report
「Extraordinary losses totaled ¥396 million, an increase of ¥200 million from the previous consolidated fiscal year (¥196 million in the previous year). This was mainly due to the recognition of impairment losses of ¥375 million (¥121 million in the previous year).」
Impairment losses increased from ¥121 million in the previous year to ¥375 million, with impairment recognized at 9 nursery schools in the Kanto region and 3 cram schools. The scale of the fixed-asset impairment risk has expanded. - FY2023MaterialisedAnnual report
「The amount declined because the current period involved only 2 facilities.」
The Group recognized an impairment loss of ¥87 million for 2 nursery schools in the current consolidated fiscal year, indicating that the risk of impairment of fixed assets continues to materialize. - FY2022MaterialisedAnnual report
「This was mainly due to the recognition of ¥437 million in impairment losses at a total of 5 nursery school facilities in Shibuya and Meguro, Tokyo, and ¥101 million in amortization of goodwill.」
A total impairment loss of ¥437 million was actually recognized for 5 facilities in Shibuya and Meguro, Tokyo. - FY2021RestatedAnnual report
「If the performance of individual nursery schools deteriorates significantly, there is no prospect of recovery, and investment recovery becomes difficult, resulting in the need to recognize impairment of fixed assets, this could affect the Group's results.」
The Group continues to disclose the risk of impairment arising from declining profitability at individual facilities and changes in assumptions such as the number of enrolled children. No impairment loss was recognized in the current period. - FY2020First statedAnnual report
「If the performance of individual nursery schools deteriorates significantly, there is no prospect of recovery, and investment recovery becomes difficult, resulting in the need to recognize impairment of fixed assets, this could affect the Group's results.」
The previous fiscal year included impairment losses for 2 facilities in Warabi, Saitama Prefecture, and Kashiwa, Chiba Prefecture, while the document states that there were no such items in the current fiscal year.