Emergence of Impairment Risk at Unprofitable Stores
First written in FY2016. 11 of 32 entries say "Worsened", first in FY2018-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2026: 67 of 129 companies on the "Worse" side.
- FY2026MaterialisedAnnual report
「The Company reported net loss of ¥45 million, as it recognized ¥15 million in impairment losses due to lower store profitability and other factors, compared with net income of ¥34 million in the same period of the previous year.」
The Company avoided impairment losses in the previous fiscal year, but recognized ¥15 million in impairment losses due to lower store profitability and other factors in the current fiscal year. - 2026-05-15MaterialisedRevision of earnings forecasts
「In addition, net income also fell below the previous forecast due to the recognition of impairment losses and other factors.」
The company explicitly cites the recognition of impairment losses as a reason for the variance from the previous forecast, indicating that impairment risk relating to unprofitable stores and other assets materialized as an actual loss. - FY2025MitigatedAnnual report
「The Company reported net income of ¥34 million for the period, as it avoided impairment losses due to lower store profitability and other factors, compared with net income of ¥34 million in the same period of the previous year.」
The Company recognized no impairment losses in the current fiscal year, compared with ¥86 million in the previous fiscal year, reducing impairment related to unprofitable stores from the previous fiscal year. - FY2025-H1MitigatedAnnual report
「Impairment losses 28,346 -」
No impairment losses were recognized during the current interim accounting period, down from ¥28.346 million in the previous interim accounting period. - FY2024-Q3MitigatedAnnual report
「Impairment losses 104,797 28,346」
Impairment losses for the cumulative third quarter amounted to ¥28.346 million, down from ¥104.797 million in the same period of the previous year. However, impairment related to unprofitable stores and other assets did arise. - FY2024-Q2MitigatedAnnual report
「Impairment losses 104,258 28,346」
Impairment losses for the cumulative second quarter amounted to ¥28.346 million, down from ¥104.258 million in the same period of the previous year. However, impairment related to unprofitable stores and other assets did arise. - FY2024-Q1MaterialisedAnnual report
「Impairment losses - 4,300」
The Company recognized ¥4.3 million in impairment losses during the cumulative first quarter, compared with none in the same period of the previous year, indicating that impairment related to unprofitable stores and other assets had actually arisen. - FY2023WorsenedAnnual report
「Net loss for the period was ¥590 million, as the Company recognized ¥241 million in extraordinary losses, including impairment losses due to lower store profitability and other factors, compared with net loss of ¥323 million in the same period of the previous year.」
Extraordinary losses, including impairment losses due to lower store profitability and other factors, amounted to ¥241 million, expanding from ¥52 million in the previous fiscal year, which included impairment losses. - FY2023-Q3WorsenedAnnual report
「Impairment losses - 104,797」
The Company recognized ¥104.797 million in impairment losses during the cumulative third quarter, compared with none in the same period of the previous year, an increase from ¥104.258 million in the cumulative previous quarter. - FY2023-Q2MaterialisedAnnual report
「Impairment losses - 104,258」
The Company recognized ¥104.258 million in impairment losses during the cumulative second quarter, compared with none in the same period of the previous year, indicating that impairment related to unprofitable stores and other assets had actually arisen during the quarter. - FY2022MaterialisedAnnual report
「Net loss for the period was ¥323 million, as the Company recognized ¥1,011 million in non-operating income, including subsidies for cooperation in preventing the spread of COVID-19, while recognizing ¥52 million in extraordinary losses, including impairment losses due to lower store profitability and other factors.」
No impairment losses had been recognized through the previous quarter, but the Company recognized ¥52 million in extraordinary losses, including impairment losses due to lower store profitability and other factors, in the current fiscal year. - FY2022-Q3Change in the recovery assumption used in impairment estimatesAnnual report
「Regarding the assumptions concerning the impact of the spread of COVID-19 on the company’s performance, the company changed the assumptions used in the accounting estimates described in the securities report for the previous fiscal year, assuming a gradual recovery from the fiscal year ending March 2023 onward.」
Regarding accounting estimates for impairment of fixed assets based on the impact of COVID-19, the company states that it changed its assumptions to reflect a gradual recovery from the fiscal year ending March 2023 onward. It also states that there was no impact on performance. - FY2022-Q2RestatedAnnual report
「Impairment losses 24,414 -」
No impairment losses were recorded for the cumulative second quarter of the current fiscal year, down from ¥24.414 million in the same period of the previous fiscal year. It was reconfirmed that no impairment relating to unprofitable stores and other assets had occurred during the current quarter either. - FY2022-Q1MitigatedAnnual report
「Impairment losses 22,914 -」
No impairment losses were recorded for the cumulative first quarter of the current fiscal year, down from ¥22.914 million in the same period of the previous fiscal year. No impairment relating to unprofitable stores and other assets was identified during the current quarter. - FY2021WorsenedAnnual report
「The company recorded ¥466 million in extraordinary gains, including subsidies for cooperation in preventing the spread of COVID-19, while recording ¥1.032 billion in extraordinary losses, including impairment losses resulting from lower store profitability and other factors, resulting in a net loss of ¥1.470 billion」
Extraordinary losses, including impairment losses resulting from lower store profitability and other factors, amounted to ¥1.032 billion, and the impact of impairment on unprofitable stores and fixed assets increased substantially. - FY2021-Q3WorsenedAnnual report
「Impairment losses 20,221 128,271」
Impairment losses for the cumulative third quarter of the current fiscal year were ¥128.271 million, a substantial increase from ¥20.221 million in the same period of the previous fiscal year. The risk of impairment relating to unprofitable stores and other assets is increasing. - FY2021-Q2WorsenedAnnual report
「Impairment losses 5,887 24,414」
Impairment losses for the cumulative second quarter of the current fiscal year were ¥24.414 million, exceeding ¥5.887 million in the same period of the previous fiscal year. Impairment relating to unprofitable stores and other assets continues to occur. - FY2021-Q1WorsenedAnnual report
「Impairment losses 5,887 22,914」
Impairment losses for the cumulative first quarter of the current fiscal year were ¥22.914 million, up from ¥5.887 million in the same period of the previous fiscal year. Impairment relating to unprofitable stores and other assets has increased. - FY2020WorsenedAnnual report
「The company recorded ¥334 million in extraordinary losses, including impairment losses resulting from lower store profitability and other factors, resulting in a net loss of ¥361 million」
Extraordinary losses, including impairment losses, increased substantially, resulting in a net loss of ¥361 million. Impairment losses in the cash flow statement were ¥310.553 million, exceeding ¥31.358 million in the previous fiscal year. - FY2020-Q3WorsenedAnnual report
「Impairment losses 4,383 20,221」
Impairment losses for the cumulative third quarter of the current fiscal year were ¥20.221 million, up from ¥4.383 million in the same period of the previous fiscal year. Impairment relating to unprofitable stores and other assets increased. - FY2020-Q1MaterialisedAnnual report
「Impairment losses - 5,887」
The company recorded impairment losses of ¥5.887 million in the first quarter of the current fiscal year, with impairment relating to unprofitable stores and other assets recurring after none was recorded in the first quarter of the previous fiscal year. - FY2019MitigatedAnnual report
「The company recorded ¥35 million in extraordinary gains, including compensation received, while recording ¥50 million in extraordinary losses, including impairment losses resulting from lower store profitability and other factors, resulting in net income of ¥52 million (compared with a net loss of ¥37 million in the same period of the previous fiscal year).」
Although extraordinary losses, including impairment losses, continued to occur, impairment losses declined from ¥90.829 million in the previous fiscal year to ¥31.358 million in the current fiscal year, and net income returned to profitability. - FY2019-Q3MitigatedAnnual report
「Impairment losses 12,082 4,383」
Impairment losses for the cumulative third quarter of the current fiscal year were ¥4.383 million, down from ¥12.082 million in the same period of the previous fiscal year. However, impairment relating to unprofitable stores and other assets continues to occur. - FY2019-Q2RestatedAnnual report
「Impairment losses 12,082 -」
No impairment losses were recorded for the cumulative second quarter of the current fiscal year, down from ¥12.082 million in the same period of the previous fiscal year. No impairment losses have occurred for the second consecutive quarter. - FY2019-Q1MitigatedAnnual report
「Impairment losses 11,577 -」
No impairment losses were recorded in the first quarter of the current fiscal year, down from ¥11.577 million in the same period of the previous fiscal year. - FY2018WorsenedAnnual report
「The company carefully assessed the future profitability of unprofitable stores and recorded ¥122 million in extraordinary losses, including impairment losses and losses from store closures, resulting in a net loss of ¥37 million (compared with net income of ¥107 million in the same period of the previous fiscal year).」
Extraordinary losses, including impairment losses and losses from store closures relating to unprofitable stores, continued to occur, resulting in a net loss of ¥37 million. - FY2018-Q3RestatedAnnual report
「Impairment losses 3,314 12,082」
Impairment losses for the cumulative third quarter were ¥12.082 million, exceeding the ¥3.314 million recorded in the same period of the previous fiscal year. However, the amount was unchanged from the cumulative figure reported in the previous quarter, reconfirming the occurrence of impairment relating to unprofitable stores and other assets. - FY2018-Q2WorsenedAnnual report
「Impairment losses 3,314 12,082」
Impairment losses for the cumulative second quarter of the current fiscal year were ¥12.082 million, up from ¥3.314 million in the same period of the previous fiscal year. Impairment relating to unprofitable stores and other assets continues to occur. - FY2018-Q1WorsenedAnnual report
「Impairment losses 3,314 11,577」
Impairment losses for the first quarter of the current fiscal year were ¥11.577 million, up from ¥3.314 million in the same period of the previous fiscal year. Impairment relating to unprofitable stores and other assets continues to occur. - FY2017MaterialisedAnnual report
「The company recorded ¥123 million in extraordinary losses, including impairment losses resulting from lower store profitability, resulting in net income of ¥107 million」
The company recorded extraordinary losses, including ¥88 million in impairment losses resulting from lower store profitability and other factors, during the current period as well, and impairment of unprofitable stores and fixed assets continues to occur. - FY2017-Q1MaterialisedAnnual report
「The company focused primarily on reviewing the earnings structure of existing stores, including reviewing the operations of unprofitable stores for which impairment losses had been recorded in the previous fiscal year.」
While reviewing the operations of unprofitable stores, the company also recorded an impairment loss of ¥3.314 million in the income statement for the current quarter. - FY2016MaterialisedAnnual report
「To improve operating efficiency, the company carefully assessed the future profitability of unprofitable stores and recorded ¥428 million in extraordinary losses, including impairment losses and losses from store closures, resulting in a net loss of ¥275 million」
The company recorded ¥428 million in extraordinary losses, including ¥420 million in impairment losses associated with lower store profitability, and closed 14 stores.