Impairment Risk for Fixed Assets
First written in FY2018. 2 of 7 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 64 of 114 companies on the "Worse" side.
- FY2026MaterialisedAnnual report
「During the consolidated fiscal year under review, the carrying amount of stores for which operating profits and losses had remained negative and for which the company judged that the likelihood of future earnings improvement was low was reduced to the recoverable amount. The resulting reduction of ¥47.194 million was recorded as an impairment loss under extraordinary losses.」
Contrary to the previous view that no impairment risk had increased as of the filing date, the company recorded an impairment loss of ¥47.194 million on a store in Otofuke, Kawato District, Hokkaido. - FY2023MitigatedAnnual report
「We believe that, as of the filing date, there are no fixed assets for which the risk of impairment has increased.」
The company continues to believe that, as of the filing date, there are no fixed assets for which the impairment risk has increased. - FY2022MitigatedAnnual report
「We believe that, as of the filing date, there are no fixed assets for which the risk of impairment has increased.」
After recording an impairment loss on the goodwill of the キムラリース Obihiro branch in the previous fiscal year, the company stated that, as of the filing date, it believed there were no fixed assets for which the impairment risk had increased. - FY2021MaterialisedAnnual report
「Because the earnings assumed in the original business plan were no longer expected, the entire unamortized balance of ¥31.201 million was recorded as an impairment loss under extraordinary losses.」
The impairment risk relating to fixed assets and goodwill materialized as a ¥31.201 million impairment loss on the goodwill of the キムラリース Obihiro branch. - FY2019RestatedAnnual report
「However, if the value of the fixed assets held by the group declines significantly, additional impairment charges will be required. In such a case, the group’s operating results and financial position could be affected.」
The company continues to disclose the risk of additional impairment charges resulting from declines in fixed-asset values. No impairment loss was applicable for the fiscal year under review. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
States that there have been no significant changes to existing risks, including the risk of impairment losses on fixed assets. - FY2018First statedAnnual report
「However, if the value of the fixed assets held by the group declines significantly, additional impairment charges will be required. In such a case, the group’s operating results and financial position could be affected.」
The company has, for the first time, explicitly identified additional impairment charges resulting from a significant decline in fixed-asset values as a risk that could affect operating results and financial position. It also recorded an impairment loss of ¥19.114 million on land held for lease during the year.