Risk of Recognizing Impairment Losses
First written in FY2017. 3 of 8 entries say "Materialised", first in FY2018. Latest entry: FY2026.
The whole theme swung hardest in 2020: 70 of 120 companies on the "Worse" side.
- FY2026ReframedAnnual report
「In addition, for certain trademarks with indefinite useful lives in the global prepared-foods business, uncertainty surrounding the profits assumed in the business plan increased during the consolidated fiscal year. Accordingly, their carrying amounts were reduced to their recoverable amounts, and an impairment loss of ¥1,059 million was recognized.」
While the impairment loss was updated from ¥4,494 million in the previous year to ¥3,983 million, the assets covered now include trademarks in the global prepared-foods business in addition to company-operated stores and production equipment. - FY2025WorsenedAnnual report
「The Company recognized ¥3,555 million in impairment losses on company-operated stores and other assets during the consolidated fiscal year. In addition, the Company recognized ¥939 million in impairment losses on goodwill because uncertainty surrounding the profits assumed in the business plan increased during the consolidated fiscal year.」
Impairment losses for the current year amounted to ¥3,555 million on company-operated stores and other assets and ¥939 million on goodwill, increasing from ¥1,350 million in the previous year. - FY2023Update to the recognized amountAnnual report
「As stated in “Part 5 Accounting Information, 1. Consolidated Financial Statements, etc., (1) Notes to Consolidated Financial Statements (Consolidated Income Statement), Note 4: Impairment Losses,” the Group recognized ¥1,503 million in impairment losses on company-operated stores and other assets during the consolidated fiscal year.」
The impairment loss was actually incurred, but the amount recognized was updated from ¥5,545 million in the previous year to ¥1,503 million. - FY2022WorsenedAnnual report
「As stated in "Section 5 Accounting Status, 1 Consolidated Financial Statements, (1) Consolidated Financial Statements, Notes to the Consolidated Financial Statements, (Consolidated Statements of Income), Note 5: Impairment Losses," our Group recorded impairment losses of ¥4,849 million on directly managed stores and other assets during the consolidated fiscal year.」
Impairment losses on fixed assets and other assets amounted to ¥4,849 million in the current year. Including ¥696 million in goodwill impairment, total impairment losses were ¥5,545 million, up from ¥2,260 million in the previous year. - FY2020MaterialisedAnnual report
「As stated in "Section 5 Accounting Status, 1 Consolidated Financial Statements, (1) Consolidated Financial Statements, Notes to the Consolidated Financial Statements, (Consolidated Statements of Income), Note 3: Impairment Losses," our Group recorded impairment losses of ¥2,405 million during the consolidated fiscal year.」
With respect to impairment risks for fixed assets and other assets, the company recorded impairment losses of ¥2,405 million during the fiscal year, relating to stores, factories that had ceased operations and goodwill of ビッグボーイジャパン. - FY2020-Q1MaterialisedAnnual report
「In the Food Service segment, we recorded impairment losses on fixed assets at stores and food processing factories. The impairment losses recorded for the cumulative consolidated first quarter amounted to ¥374 million.」
The risk of recording impairment losses on fixed assets materialized in the form of ¥374 million in losses recorded on fixed assets at stores and food processing factories. - FY2018MaterialisedAnnual report
「We recorded impairment losses of ¥1,389 million on fixed assets during the consolidated fiscal year.」
Impairment losses, which had previously been disclosed as a future risk, were actually recorded in the amount of ¥1,389 million for stores, idle assets and goodwill. - FY2017First statedAnnual report
「If we are required to record impairment losses under impairment accounting for fixed assets in the future, our company and Group may be adversely affected in terms of business performance and financial position.」
The company identifies the potential impact of impairment losses on fixed assets on business performance and financial position as a risk.