Impairment risk for fixed assets
First written in FY2016. 3 of 9 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 67 of 129 companies on the "Worse" side.
- FY2025MitigatedAnnual report
「In addition, the company recorded an impairment loss of ¥2 million during the fiscal year.」
Although impairment of property, plant and equipment occurred, the impairment loss decreased from ¥26 million in the previous fiscal year to approximately ¥2 million. - FY2024MaterialisedAnnual report
「In addition, the company recorded ¥29 million in valuation losses on shares of affiliated companies and ¥26 million in impairment losses on property, plant and equipment, including store fixtures, as extraordinary losses. Together with the impact of an income tax adjustment of ¥13 million (compared with negative ¥3 million in the same period of the previous year), this resulted in a net loss of ¥109 million (compared with net income of ¥108 million in the same period of the previous year).」
The company recorded an impairment loss of ¥26 million on property, plant and equipment, and impairment risk increased substantially from ¥2 million in the previous fiscal year and materialized. - FY2023MaterialisedAnnual report
「In addition, the company recorded an impairment loss of ¥2 million during the fiscal year.」
Impairment risk related to property, plant and equipment materialized, with an impairment loss of ¥2 million recorded during the fiscal year. - FY2022MitigatedAnnual report
「The company groups assets primarily by store as the basic unit generating cash flows. It monitors the profit and loss of each store monthly and formulates and implements improvement measures for stores showing a deteriorating trend. However, if impairment losses need to be recognized due to a significant change in the external environment or other factors, this may affect the company's results and financial position.」
It specified how to address impairment risk by monitoring store-level profitability monthly and formulating and implementing improvement measures for stores showing a worsening trend. - FY2020MaterialisedAnnual report
「Although selling, general and administrative expenses declined due to cost reductions and the suspension of activities during the COVID-19 pandemic, the substantial decline in net sales and gross profit had a greater impact. Operating loss was ¥134 million (operating loss of ¥4 million in the same period of the previous year), and ordinary loss was ¥127 million (ordinary income of ¥1 million in the same period of the previous year). In addition, the company recognized ¥16 million in employment adjustment subsidies received for personnel expenses incurred during temporary closures as extraordinary income due to the impact of COVID-19, while recognizing ¥39 million in losses from the temporary closure of directly operated stores and other measures, and ¥57 million in impairment losses on fixed assets, including store fixtures, as extraordinary losses after taking into account the business outlook and other factors.」
The previously disclosed risk of impairment of fixed assets as a future possibility materialized in the recognition of ¥57 million in impairment losses on store fixtures and other assets. - FY2019RestatedAnnual report
「If our profitability declines substantially in the future and the value in use of our fixed assets declines accordingly, we may be required to recognize impairment losses on land, buildings and other assets held by us.」
The company continues to explain the risk of impairment of fixed assets associated with lower profitability. - FY2018RestatedAnnual report
「If our profitability declines substantially in the future and the value in use of our fixed assets declines accordingly, we may be required to recognize impairment losses on land, buildings and other assets held by us.」
The company continues to explain the risk of impairment of fixed assets associated with lower profitability. - FY2017RestatedAnnual report
「If our profitability declines substantially in the future and the value in use of our fixed assets declines accordingly, we may be required to recognize impairment losses on land, buildings and other assets held by us.」
The company continued to explain the risk of impairment of fixed assets associated with lower profitability. - FY2016First statedAnnual report
「If our profitability declines substantially in the future and the value in use of our fixed assets declines accordingly, we may be required to recognize impairment losses on land, buildings and other assets held by us.」
The company identified the possible recognition of impairment losses on land, buildings and other assets due to lower profitability as a future risk.