Application of Impairment Accounting to Fixed Assets
First written in FY2020. 4 of 6 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 61 of 114 companies on the "Worse" side.
- FY2026MitigatedAnnual report
「The impairment loss consisted of ¥236 thousand for the petroleum business, or ¥236 thousand for buildings by asset type.」
The risk of impairment of fixed assets has materialized, although the impairment loss declined from ¥14 million in the previous fiscal year to ¥236 thousand in the current fiscal year. - FY2025RestatedAnnual report
「In particular, in the specialty-store business, we aim to expand operations through new store openings. However, if we are unable to generate the profits planned at the time of opening, among other circumstances, there is a risk of impairment losses on fixed assets.」
The risk of impairment of fixed assets associated with specialty-store openings and failure to meet plans continues. - FY2024RestatedAnnual report
「In particular, in the specialty-store business, we aim to expand operations through new store openings. However, if we are unable to generate the profits planned at the time of opening, among other circumstances, there is a risk of impairment losses on fixed assets.」
The risk of impairment of fixed assets associated with new specialty-store openings and failure to meet plans continues. - FY2023RestatedAnnual report
「In particular, in the specialty-store business, we aim to expand operations through new store openings. However, if we are unable to generate the profits planned at the time of opening, among other circumstances, there is a risk of impairment losses on fixed assets.」
The risk of impairment of fixed assets associated with new specialty-store openings and failure to meet plans continues to be disclosed. - FY2021RestatedAnnual report
「In particular, in the specialty-store business, we aim to expand operations through new store openings. However, if we are unable to generate the profits planned at the time of opening, among other circumstances, there is a risk of impairment losses on fixed assets.」
The risk of impairment of fixed assets is described specifically in relation to new specialty-store openings and the possibility of impairment if plans are not achieved. - FY2020First statedAnnual report
「We apply the accounting standard for impairment of fixed assets. Depending on significant changes in the business environment going forward, application of this standard could affect our financial position and operating results.」
The risk of impairment of fixed assets is newly disclosed. An impairment loss of ¥17.535 million was also recognized during the fiscal year.