Closure Costs and Losses on Disposal Associated with Scrap-and-Build
First written in FY2022. 3 of 5 entries say "Materialised", first in FY2023. Latest entry: FY2026.
Japan Craft Holdings moved to the "Worse" side of this theme in 2023, 2 years after the typical company in this theme (2021).
The whole theme swung hardest in 2023: 7 of 20 companies on the "Worse" side.
9 other companies' latest entry also says "Other".
- FY2026Updated store closure costsAnnual report
「Provision for store closure losses: ¥1.272 million」
A ¥1.272 million provision for store closure costs was recognized. Although the amount decreased from ¥42.320 million in the previous fiscal year, closure-related costs continued to be recognized. - 2026-08-10MaterialisedEarnings
「Provision for store closure losses — 1,272」
A provision for store closure losses of ¥1.272 million was recorded, confirming the occurrence of closure-related costs. - FY2024-Q3MaterialisedAnnual report
「Provision for store closure losses: ¥42.320 million」
A ¥42.32 million provision for store closure losses was recognized in connection with store restructuring, confirming the continued incurrence of closure costs. - FY2023MaterialisedAnnual report
「Provision for store closure losses: ¥231.386 million」
A ¥231 million provision for store closure losses was recognized in connection with store restructuring, indicating that closure-related costs had actually been incurred and estimated. - FY2022First statedAnnual report
「As the policy is to continue actively pursuing a scrap-and-build strategy, costs associated with the disposal of fixed assets and store closure losses may be incurred.」
The company explicitly stated that the active store restructuring policy may result in losses on the disposal of fixed assets and store closure losses.