Unprofitable Stores and Impairment Losses
First written in FY2016. 12 of 26 entries say "Mitigated", first in FY2019. Latest entry: FY2026.
Kourakuen 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 2024: 19 of 32 companies on the "Worse" side.
10 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Impairment losses 44,843」
Impairment losses for the fiscal year totaled ¥44.843 million, down from ¥302.393 million in the previous fiscal year. Loss recognition related to unprofitable stores continued. - 2026-05-13MitigatedEarnings
「Impairment loss 302,393 44,843」
Impairment losses decreased from ¥302 million in the previous fiscal year to ¥44 million. - FY2025MitigatedAnnual report
「Impairment losses recorded 302,393」
Impairment losses of ¥302 million were recorded, so the risk continues, although the amount was down from the ¥839 million recorded in the previous fiscal year. - FY2024-Q3MitigatedAnnual report
「Impairment losses 156,268 100,595」
Impairment losses for the nine-month period totaled ¥100.595 million, down from ¥156.268 million in the same period of the previous year. Loss recognition related to unprofitable stores continued. - FY2024-Q2MitigatedAnnual report
「Impairment losses 72,023 56,131」
Impairment losses for the six-month period totaled ¥56.131 million, down from ¥72.023 million in the same period of the previous year. Loss recognition related to unprofitable stores continued. - FY2024-Q1WorsenedAnnual report
「Impairment losses 1,101 18,644」
Impairment losses for the first-quarter period totaled ¥18.644 million, up from ¥1.101 million in the same period of the previous year. Loss recognition related to unprofitable stores expanded. - FY2023WorsenedAnnual report
「The directly operated stores and other assets subject to impairment had remained unprofitable, and the likelihood of a future earnings recovery was low. Accordingly, their carrying amounts were reduced to their recoverable amounts, with the reductions recorded as impairment losses.」
The stores subject to impairment increased from 49 directly operated stores to 101, while impairment losses increased from ¥183.644 million to ¥839.174 million. - FY2023-Q3WorsenedAnnual report
「Impairment losses 36,783 156,268」
Impairment losses for the nine-month period totaled ¥156.268 million, up from ¥36.783 million in the same period of the previous year. Loss recognition related to unprofitable stores and other assets expanded. - FY2023-Q2WorsenedAnnual report
「Impairment losses 11,041 72,023」
Impairment losses for the six-month period totaled ¥72.023 million, up from ¥11.041 million in the same period of the previous year. Loss recognition related to unprofitable stores and other assets expanded. - FY2023-Q1MitigatedAnnual report
「Impairment losses 11,041 1,101」
Impairment losses for the first-quarter period totaled ¥1.101 million, down from ¥11.041 million in the same period of the previous year. Loss recognition related to unprofitable stores continued. - FY2022MitigatedAnnual report
「49 directly operated stores Buildings and structures, etc. ¥164.231 million」
The number of stores subject to impairment remained at 49, unchanged from the previous fiscal year, while impairment losses decreased from ¥555.088 million to ¥183.644 million. The risk associated with unprofitable stores itself continued. - FY2022-Q3MitigatedAnnual report
「Impairment losses 384,506 36,783」
Impairment losses for the nine-month period totaled ¥36.783 million, down from ¥384.506 million in the same period of the previous year. Loss recognition related to unprofitable stores continued. - FY2022-Q1MitigatedAnnual report
「Impairment losses 144,374 11,041」
Impairment losses decreased from ¥144.374 million in the same period of the previous year to ¥11.041 million, reducing the scale of loss recognition related to unprofitable stores and other assets. - FY2021MitigatedAnnual report
「49 directly operated stores Buildings and structures, etc. ¥544.659 million」
The stores subject to impairment decreased from 122 directly operated stores and impairment losses of ¥1,038.405 million in the previous fiscal year to 49 directly operated stores and other assets and ¥555.088 million. Impairment related to unprofitable stores continued. - FY2021-Q3MaterialisedAnnual report
「Impairment losses 384,506」
Impairment losses of ¥384.506 million were also recorded for the nine-month period, and loss recognition related to unprofitable stores and other assets continued. - FY2021-Q1MaterialisedAnnual report
「Impairment losses 144,374」
Impairment losses of ¥144.374 million were recorded for the first-quarter period, and loss recognition related to unprofitable stores and other assets continued. quantified is true, corresponding to materialized being true. - FY2020WorsenedAnnual report
「122 directly operated stores Buildings and structures, etc. ¥1,017.005 million」
The stores subject to impairment expanded to 122 directly operated stores, and impairment losses totaled ¥1,038.405 million. Loss recognition related to unprofitable stores expanded from 33 directly operated stores and ¥291.782 million in the previous fiscal year. - FY2020-Q3WorsenedAnnual report
「Impairment losses 431,599」
Impairment losses for the nine-month period totaled ¥431.599 million, exceeding the ¥291 million recorded for the previous full fiscal year and the ¥101.860 million recorded for the six-month period of the previous fiscal year. Loss recognition related to unprofitable stores expanded. - FY2020-Q2MaterialisedAnnual report
「Impairment losses 101,860」
Impairment losses of ¥101.860 million were recorded for the six-month period, with losses related to unprofitable stores and other assets recognized again. - FY2020-Q1MitigatedAnnual report
「Impairment losses — 13,409」
Impairment losses of ¥13.409 million were recorded in the first quarter. Although this was lower than the ¥291 million recorded for the full previous fiscal year, losses related to unprofitable stores continued to be recognized. - FY2019MitigatedAnnual report
「Fiscal year ended 31 March 2019 (1 April 2018 to 31 March 2019) 33 directly operated stores Buildings and structures, etc. ¥276.697 million」
The stores subject to impairment decreased from 227 directly operated stores and impairment losses of ¥2,838 million in the previous fiscal year to 33 directly operated stores and other assets and ¥291 million. The disclosure does not state that the risk associated with unprofitable stores has disappeared. - FY2018WorsenedAnnual report
「Following a review of the future recoverability of store assets and other assets, impairment losses of ¥2,838 million were recorded in accordance with the Accounting Standard for Impairment of Fixed Assets. As a result, net loss attributable to owners of the parent was ¥3,225 million, compared with net income of ¥154 million in the same period of the previous fiscal year.」
The stores subject to impairment expanded to 227 directly operated stores and other assets, and impairment losses increased from ¥104 million in the previous year to ¥2,838 million. - FY2018-Q2WorsenedAnnual report
「In addition, to improve the efficiency of our management resources and increase profitability, we decided to close 52 stores where long-term growth is not expected.」
The Company decided to close 52 stores as a response to unprofitable stores and stores with limited growth prospects, and recorded impairment losses of ¥409.180 million during the six-month period. - FY2017RestatedAnnual report
「The directly operated stores subject to impairment had remained unprofitable, and the likelihood of a future earnings recovery was low. Accordingly, their carrying amounts were reduced to their recoverable amounts, with the reductions recorded as impairment losses.」
Impairment losses continued to be recorded for unprofitable stores, with ¥104.396 million recognized for 24 directly operated stores and other assets during the period. - FY2017-Q3RestatedAnnual report
「Impairment losses 33,288」
Impairment losses of ¥33.288 million were also recorded for the nine-month period of the current fiscal year, indicating that impairment of unprofitable stores and other assets is continuing. - FY2016MaterialisedAnnual report
「The directly operated stores subject to impairment had remained unprofitable, and the likelihood of a future earnings recovery was low. Accordingly, their carrying amounts were reduced to their recoverable amounts, with the reductions recorded as impairment losses.」
In the consolidated fiscal year, impairment losses of ¥180.575 million were recorded for 28 directly operated stores and other assets.