Materialization of fixed-asset impairment risks
First written in FY2016. 8 of 17 entries say "Worsened", first in FY2017. Latest entry: FY2026.
Pan Pacific International Holdings moved to the "Worse" side of this theme in 2016, 1 year before the typical company in this theme (2017).
The whole theme swung hardest in 2025: 32 of 75 companies on the "Worse" side.
28 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Impairment losses: ¥11.492 billion」
Impairment losses decreased from ¥18.467 billion in the previous fiscal year to ¥11.492 billion. However, the company continued to recognize impairment losses in Japan, North America and Asia. - FY2026-H1MitigatedAnnual report
「Impairment loss 155」
Impairment losses during the interim consolidated accounting period totaled ¥155 million, down from ¥464 million in the same period of the previous year. However, impairment losses on store equipment continued to be recorded in the domestic, North America and Asia businesses. - FY2025WorsenedAnnual report
「The total was ¥22,655 million, due mainly to impairment losses of ¥18,467 million, losses on disposal of fixed assets of ¥1,507 million and store closure losses of ¥1,745 million.」
Impairment losses increased from ¥14,165 million in the previous fiscal year to ¥18,467 million. The company recorded ¥14,955 million in the North America business and ¥1,029 million in the Asia business. - FY2025-H1MaterialisedAnnual report
「The company recorded impairment losses on store equipment in the North America Business and Asia Business segments. During the interim consolidated accounting period, the impairment losses recorded were ¥100 million in the North America Business segment and ¥364 million in the Asia Business segment.」
During the interim consolidated accounting period, the company recorded impairment losses on store equipment of ¥100 million in the North America business and ¥364 million in the Asia business, for a total of ¥464 million. - FY2024WorsenedAnnual report
「Extraordinary losses totaled ¥19,089 million, due mainly to impairment losses of ¥14,165 million, losses on disposal of fixed assets of ¥1,834 million, store closure losses of ¥2,240 million and disaster-related losses of ¥654 million.」
Impairment losses increased from ¥5,983 million in the previous fiscal year to ¥14,165 million. In particular, impairment losses of ¥8,448 million were recorded in the North America business and ¥3,831 million in the Asia business. - FY2023WorsenedAnnual report
「Extraordinary income totaled ¥54 million. Extraordinary losses totaled ¥10,309 million, due mainly to impairment losses of ¥5,983 million, losses on disposal of fixed assets of ¥1,565 million and store closure losses of ¥2,392 million.」
Impairment losses increased from ¥5,720 million in the previous fiscal year to ¥5,983 million, and the company continued to record losses from fixed asset impairment. - FY2022MitigatedAnnual report
「Extraordinary income totaled ¥1,105 million, due mainly to gains on sales of fixed assets of ¥924 million. Meanwhile, extraordinary losses totaled ¥9,519 million, due mainly to impairment losses of ¥5,720 million and losses on disposal of fixed assets of ¥1,433 million.」
Impairment losses decreased from ¥16,711 million in the previous fiscal year to ¥5,720 million. However, the company continued to record impairment losses associated with declining profitability and other factors. - FY2021WorsenedAnnual report
「Extraordinary losses totaled ¥18,698 million, due mainly to impairment losses of ¥16,711 million and losses on disposal of fixed assets of ¥1,024 million.」
Impairment losses on fixed assets increased from ¥4,195 million in the previous consolidated fiscal year to ¥16,711 million, increasing the scale of impairment risk that materialized. - FY2021-Q2MitigatedAnnual report
「(Material impairment losses on fixed assets) “There are no applicable matters.”」
The company stated that there were no material impairment losses on fixed assets in the segment information for the cumulative second-quarter consolidated period. - FY2020-Q3MitigatedAnnual report
「During the cumulative third-quarter consolidated period, the carrying amounts of assets at stores where profitability had declined or losses from operating activities had remained negative were reduced to their recoverable amounts. The resulting reductions were recorded as impairment losses and extraordinary losses, comprising buildings and structures of ¥1,067 million, land of ¥222 million, and tools, furniture and fixtures of ¥244 million.」
Impairment losses totaled ¥1,533 million, down from ¥10,206 million in the same period of the previous year. However, the company continued to record impairment losses due to declining profitability and other factors. - FY2020-Q2WorsenedAnnual report
「The company recorded impairment losses of ¥417 million, losses on disposal of fixed assets of ¥36 million, store closure losses of ¥75 million and disaster-related losses of ¥307 million as extraordinary losses.」
Impairment losses during the cumulative second-quarter consolidated period totaled ¥1,533 million, up from ¥417 million in the same period of the previous year. Impairment losses on store equipment and land were also recorded. - FY2019-Q3WorsenedAnnual report
「During the cumulative third-quarter consolidated period, the carrying amounts of assets at stores where profitability had declined or losses from operating activities had remained negative were reduced to their recoverable amounts. The resulting reductions were recorded as impairment losses and extraordinary losses, comprising buildings and structures of ¥5,889 million, land of ¥3,004 million, tools, furniture and fixtures of ¥1,312 million, and other assets of ¥1 million.」
The company recorded impairment losses of ¥10,206 million due to declining profitability and other factors. The breakdown was ¥7,762 million in Kanto, ¥780 million in Chubu, ¥1,552 million in Kinki and ¥112 million overseas. - FY2019-Q2WorsenedAnnual report
「The company recorded impairment losses of ¥417 million, losses on disposal of fixed assets of ¥36 million, store closure losses of ¥75 million and disaster-related losses of ¥307 million as extraordinary losses.」
The company recorded an impairment loss of ¥417 million during the cumulative second-quarter consolidated period, showing that the risk of fixed asset impairment continued to materialize as an actual loss. - FY2017WorsenedAnnual report
「Although impairment losses of ¥1,537 million, store closure losses of ¥959 million and losses on disposal of fixed assets of ¥251 million were each recorded as extraordinary losses,」
The impairment loss on fixed assets increased from ¥179 million in the previous fiscal year to ¥1,537 million, increasing the scale of impairment risk that materialized. - FY2016MaterialisedAnnual report
「Although store closure losses of ¥1,197 million, losses on disposal of fixed assets of ¥279 million and impairment losses of ¥179 million were each recorded as extraordinary losses,」
While identifying impairment of fixed assets as a risk, the company recorded an impairment loss of ¥179 million in FY2016.