Impairment Risk from Equipment Obsolescence, Business Withdrawals, etc.
First written in FY2016. 12 of 26 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 71 of 120 companies on the "Worse" side.
- FY2026MitigatedAnnual report
「Package Plaza Hoya store (Nishitokyo, Tokyo) Store equipment Buildings and structures 0」
Impairment losses for the fiscal year were ¥0 million, down from ¥340 million related to グローバルブランド and other assets in the previous fiscal year. - FY2025MaterialisedAnnual report
「In addition, because ㈱グローバルブランド, a consolidated subsidiary of the Company, was no longer expected to generate excess earning power, the carrying amount of goodwill and other assets was reduced to their recoverable amount, and the decrease of ¥315 million was recorded as an impairment loss under extraordinary losses.」
As グローバルブランド was no longer expected to generate excess earning power, an impairment loss of ¥315 million was recorded on goodwill and other assets. Including store equipment and other assets, total impairment losses amounted to ¥340 million. - FY2023MaterialisedAnnual report
「For stores and sales offices where events such as persistently negative operating results had occurred, the company reduced the carrying amount to the recoverable amount and recognized the decrease of ¥70 million as an impairment loss included in extraordinary losses.」
The company recognized an impairment loss of ¥70 million on store equipment and other assets, an increase from ¥19 million in the previous fiscal year. - FY2023-Q2MaterialisedAnnual report
「Impairment loss ¥5 million」
The company recognized an impairment loss of ¥5 million during the six-month period of the fiscal year, and the fixed-asset impairment risk continues to be realized in actual results. - FY2022MaterialisedAnnual report
「For store equipment whose operating results have remained negative, the company reduced the carrying amount to the recoverable amount and recognized an impairment loss of ¥19 million.」
The company recognized an impairment loss of ¥19 million on stores and other assets whose profitability had deteriorated, realizing the impairment risk in the current fiscal year. - FY2022-Q3MaterialisedAnnual report
「Impairment loss 991 3」
The company recognized an impairment loss of ¥3 million during the nine-month period of the fiscal year, and fixed-asset impairment continues to be realized in actual results. - FY2021MaterialisedAnnual report
「The company recognized an impairment loss on fixed assets of ¥1,106 million as an extraordinary loss, primarily because some of the investment in paper products manufacturing was no longer expected to be recovered.」
The fixed-asset impairment risk was realized in full-year results as an extraordinary loss of ¥1,106 million. This comprised ¥991 million related to Heiko Pack, ¥100 million in goodwill related to Mitachi Package, and ¥14 million related to the Takatsuki store. - FY2021-Q3MaterialisedAnnual report
「During the nine-month period of the fiscal year, the company recognized an impairment loss on fixed assets of ¥991 million as an extraordinary loss because some of the investment in paper products manufacturing was no longer expected to be recovered.」
As some of the investment in paper products manufacturing was no longer expected to be recovered, the company recognized a fixed-asset impairment loss of ¥991 million. The impairment risk was realized in actual results for the second consecutive quarter. - FY2021-Q2MaterialisedAnnual report
「As the paper products business, the Group's core business, was affected by stagnation in personal consumption and corporate activity, and some of the investment in paper products manufacturing was no longer expected to be recovered, the company recognized an impairment loss on fixed assets of ¥964 million as an extraordinary loss.」
As some of the investment in paper products manufacturing was no longer expected to be recovered because of stagnation in personal consumption and corporate activity, the company recognized a fixed-asset impairment loss of ¥964 million. The risk was realized as a loss in the current fiscal year. - FY2021-Q1WorsenedAnnual report
「The Group has assumed that the impact of COVID-19 will continue through the end of the fiscal year, based on actual results through the date of preparation of the consolidated financial statements and available external information, and has made accounting estimates, including the recoverability of deferred tax assets and impairment of fixed assets, based on this assumption.」
The company has reflected the assumption that the impact of COVID-19 will continue through the end of the fiscal year in its accounting estimates for the recoverability of deferred tax assets and impairment of fixed assets. - FY2020MaterialisedAnnual report
「For store equipment whose operating results have remained negative, the company reduced the carrying amount to the recoverable amount and recognized the decrease of ¥54 million as an impairment loss included in extraordinary losses.」
The company recognized an impairment loss of ¥54 million on store equipment and other assets, realizing the impairment risk in the current fiscal year as an actual loss. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no material changes in the impairment risk due to equipment obsolescence and business withdrawal. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no material changes in the impairment risk due to equipment obsolescence and business withdrawal. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no material changes in the impairment risk due to equipment obsolescence and business withdrawal. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no material changes in the impairment risk due to equipment obsolescence and business withdrawal. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no material changes in the impairment risk due to equipment obsolescence and business withdrawal. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no material changes in the impairment risk due to equipment obsolescence and business withdrawal. - FY2018MaterialisedAnnual report
「For store equipment whose operating results have remained negative, the company reduced the carrying amount to the recoverable amount and recognized the decrease of ¥78 million as an impairment loss included in extraordinary losses.」
The company recognized an impairment loss of ¥78 million on store equipment whose profitability had deteriorated continuously. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no material changes in the impairment risk due to equipment obsolescence and business withdrawal. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no material changes in the impairment risk due to equipment obsolescence and business withdrawal. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no material changes in the impairment risk due to equipment obsolescence and business withdrawal. - FY2017MaterialisedAnnual report
「For store equipment whose operating results have remained negative, the company reduced the carrying amount to the recoverable amount and recognized the decrease of ¥238 million as an impairment loss included in extraordinary losses.」
The company recognized an impairment loss of ¥238 million on store equipment with recurring losses, realizing the fixed-asset impairment risk in actual results. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no material changes in the impairment risk due to equipment obsolescence and business withdrawal. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no material changes in the impairment risk due to equipment obsolescence and business withdrawal. - FY2017-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no material changes in the impairment risk due to equipment obsolescence and business withdrawal described in the previous fiscal year. - FY2016First statedAnnual report
「If the actual value of the Group's fixed assets declines in the future because of equipment obsolescence, business withdrawal or contraction, substantial impairment losses may arise.」
The company identifies equipment obsolescence and business withdrawal or contraction as factors that could reduce the value of fixed assets.