Recording of impairment losses and an expense for the provision for store closure losses associated with store closures
KAPPA・CREATE CO.,LTD. (the company; the stores concerned are owned by the company group)
15 domestic stores (store names: not disclosed)
Following a careful review of the stores' future profitability to improve profitability and allocate resources optimally, the company decided to close stores whose profitability had declined.
Impairment loss of ¥223 million and expense for the provision for store closure losses of ¥74 million
Interim consolidated accounting period for the fiscal year ending March 2027
The impact on consolidated results for the fiscal year ending March 2027 is currently being assessed. If any matters requiring disclosure arise, they will be disclosed promptly.
The company will assess the impact on consolidated results for the fiscal year ending March 2027 and promptly disclose any matters requiring disclosure.
The company will promptly disclose any matters that arise requiring disclosure.
| Item | Details |
|---|---|
| Event name | Recording of impairment losses and an expense for the provision for store closure losses associated with store closures |
| Subject Entity | KAPPA・CREATE CO.,LTD. (the company; the stores concerned are owned by the company group) |
| Target Locations / Products | 15 domestic stores (store names: not disclosed) |
| Cause | Following a careful review of the stores' future profitability to improve profitability and allocate resources optimally, the company decided to close stores whose profitability had declined. |
| Amount of Impact on Business Performance | Impairment loss of ¥223 million and expense for the provision for store closure losses of ¥74 million |
| Accounting period in which recognized | Interim consolidated accounting period for the fiscal year ending March 2027 |
| Impact on Earnings Forecast | The impact on consolidated results for the fiscal year ending March 2027 is currently being assessed. If any matters requiring disclosure arise, they will be disclosed promptly. |
| Outlook | The company will assess the impact on consolidated results for the fiscal year ending March 2027 and promptly disclose any matters requiring disclosure. |
| Planned follow-up disclosure | The company will promptly disclose any matters that arise requiring disclosure. |
Items this document does not state (16)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Following a careful review of the stores' future profitability to improve profitability and allocate resources optimally, the company decided to close stores whose profitability had declined.