Impairment Risk Due to Deteriorating Store Profitability
First written in FY2016. 11 of 29 entries say "Worsened", first in FY2018-Q3. Latest entry: 2026-11-06.
KAPPA・CREATE CO.,LTD. moved to the "Worse" side of this theme in 2022, 5 years after the typical company in this theme (2017).
The whole theme swung hardest in 2017: 20 of 24 companies on the "Worse" side.
13 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「During the fiscal year, impairment accounting was applied to 85 domestic stores, 2 overseas stores and 1 domestic factory, and an impairment loss of ¥715 million was recorded.」
Impairment losses increased from ¥273 million in the previous year to ¥715 million, while the affected sites expanded from 40 domestic and overseas stores and 3 factories to 87 domestic and overseas stores and 1 factory. - FY2025WorsenedAnnual report
「During the fourth quarter, impairment accounting was applied to 38 domestic stores, 2 overseas stores and 3 factories, and an impairment loss of ¥273 million was recorded.」
Impairment losses increased from ¥118 million in the previous year to ¥273 million, with impairment losses recorded at 40 domestic and overseas stores and 3 factories in the current year. Impairment losses at factories were particularly significant, totaling ¥167 million. - FY2024MitigatedAnnual report
「During the fiscal year, the carrying amounts of asset groups whose operating results had remained negative were reduced to their recoverable amounts. The resulting ¥118 million reduction was recorded as an impairment loss under extraordinary losses.」
Impairment losses decreased from ¥1,545 million in the previous year to ¥118 million, while the affected sites comprised 46 stores and other sites and 2 factories. Although impairment losses associated with deteriorating store profitability remained, both the amount and number of affected stores declined. - FY2023WorsenedAnnual report
「During the fourth quarter, impairment accounting was applied to 127 stores and 2 factories, and an impairment loss of ¥1,545 million was recorded.」
Impairment losses on fixed assets arose at 127 stores and 2 factories, totaling ¥1,545 million. Both the amount and number of affected sites increased from ¥409 million and 104 operating stores and 1 factory, respectively, in the previous year. - FY2022WorsenedAnnual report
「During the fiscal year, the carrying amounts of asset groups whose operating results had remained negative were reduced to their recoverable amounts. The resulting ¥409 million reduction was recorded as an impairment loss under extraordinary losses.」
Impairment losses increased from ¥382 million in the previous year to ¥409 million, covering 104 operating stores and 1 factory. - FY2022-Q2MitigatedAnnual report
「Six-month period ended Q2 (1 April 2021 to 30 September 2021): No applicable items.」
Although impairment losses of ¥102 million had been recorded for 68 operating stores in the same period of the previous year, no impairment loss was recorded for the six-month period ended Q2. - FY2021MitigatedAnnual report
「During the fiscal year, the carrying amounts of asset groups whose operating results had remained negative were reduced to their recoverable amounts. The resulting ¥382 million reduction was recorded as an impairment loss under extraordinary losses.」
Impairment losses decreased from ¥714 million in the previous year to ¥382 million, while the number of affected operating stores declined from 116 to 103. However, impairment losses continued to arise at 103 stores and 1 factory. - FY2021-Q3WorsenedAnnual report
「Total extraordinary losses were ¥161 million, including an impairment loss of ¥121 million.」
Impairment losses totaled ¥121 million for the nine-month period ended Q3, and impairment losses associated with continued deterioration in store profitability continued to arise. - FY2021-Q3WorsenedAnnual report
「During the nine-month period ended Q3, the carrying amounts of asset groups whose operating results had remained negative were reduced to their recoverable amounts. The resulting ¥121 million reduction was recorded as an impairment loss under extraordinary losses.」
An impairment loss of ¥121 million was recorded for 69 operating stores. Both the impairment loss and the number of affected stores increased from ¥102 million and 68 stores, respectively, in the six-month period ended Q2. - FY2021-Q2MaterialisedAnnual report
「During the six-month period ended Q2, the carrying amounts of asset groups whose operating results had remained negative were reduced to their recoverable amounts. The resulting ¥102 million reduction was recorded as an impairment loss under extraordinary losses.」
An impairment loss of ¥102 million was recorded for 68 operating stores because their results had remained negative. - FY2020Impairment loss down, but number of affected stores and businesses upAnnual report
「During the fiscal year, the carrying amounts of asset groups whose operating results had remained negative were reduced to their recoverable amounts. The resulting ¥714 million reduction was recorded as an impairment loss under extraordinary losses.」
Impairment losses decreased from ¥859 million in the previous year to ¥714 million, while the number of affected operating stores increased from 111 to 116 and impairment losses also arose at 1 factory. - FY2019Impairment loss down, but number of affected stores upAnnual report
「During the fiscal year, the carrying amounts of asset groups whose operating results had remained negative were reduced to their recoverable amounts. The resulting ¥859 million reduction was recorded as an impairment loss under extraordinary losses.」
Impairment losses decreased from ¥923 million in the previous year to ¥859 million, while the number of affected operating stores increased to 111 from 102 in the previous year. - FY2019-Q3MitigatedAnnual report
「Impairment loss 51 －」
No impairment loss was recorded for the nine-month period ended Q3, down to zero from ¥51 million in the same period of the previous year. The impairment loss associated with deteriorating store profitability was contained. - FY2019-Q2MitigatedAnnual report
「Impairment loss 37 —」
No impairment loss was recorded for the six-month period ended Q2, down to zero from ¥37 million in the same period of the previous year. The impairment loss associated with deteriorating store profitability was contained. - FY2019-Q1MitigatedAnnual report
「Impairment loss 32 —」
No impairment loss was recorded for Q1, down from ¥32 million in the same period of the previous year. The impairment risk associated with deteriorating store profitability was contained during the quarter. - FY2018MitigatedAnnual report
「During the fiscal year, the carrying amounts of asset groups whose operating results had remained negative were reduced to their recoverable amounts. The resulting ¥923 million reduction was recorded as an impairment loss under extraordinary losses.」
Impairment losses decreased from ¥1,539 million in FY2017 to ¥923 million, covering 102 operating stores and 2 factories. However, impairment losses continued to arise as store and factory profitability deteriorated. - FY2018-Q3WorsenedAnnual report
「Total extraordinary losses were ¥104 million, including an impairment loss of ¥51 million.」
For fixed assets, including stores, the impairment loss increased from ¥37 million in the six-month period ended Q2 to ¥51 million in the nine-month period ended Q3. - FY2018-Q2MaterialisedAnnual report
「Total extraordinary losses were ¥70 million, including an impairment loss of ¥37 million.」
An impairment loss of ¥37 million was recorded for fixed assets, including stores, during the six-month period ended Q2. - FY2018-Q1MaterialisedAnnual report
「Total extraordinary losses were ¥48 million, including an impairment loss of ¥32 million.」
An impairment loss of ¥32 million was recorded for fixed assets, including stores, during the quarter. - FY2017MaterialisedAnnual report
「During the fiscal year, the carrying amounts of asset groups whose operating results had remained negative were reduced to their recoverable amounts. The resulting ¥1,539 million reduction was recorded as an impairment loss under extraordinary losses.」
Full-year impairment losses totaled ¥1,539 million, comprising ¥1,322 million for operating stores, ¥158 million for factories and ¥58 million for goodwill in the delicatessen business. Asset groups including 105 operating stores have been materially exposed to this risk. - FY2017-Q3MaterialisedAnnual report
「During the nine-month period ended Q3, the carrying amounts of asset groups whose operating results had remained negative were reduced to their recoverable amounts. The resulting ¥1,322 million reduction was recorded as an impairment loss under extraordinary losses. This comprised ¥1,322 million for operating stores, including ¥816 million for buildings and structures and ¥506 million for other assets.」
Impairment losses of ¥1,322 million were recorded for 105 operating stores because their operating results had remained negative. - FY2016First statedAnnual report
「Our Group owns store equipment and other assets, mainly in its conveyor-belt sushi business. If operating income and expenses remain negative due to deteriorating store profitability and other factors, impairment losses may be recognized under the accounting standards for impairment of fixed assets, potentially affecting the performance of our Group.」
It stated that impairment losses of ¥14,000,072 thousand were recognized in the previous consolidated fiscal year, while there were no applicable impairment losses in the current consolidated fiscal year.