Impairment Risk for Fixed Assets and Goodwill
First written in FY2021. 6 of 11 entries say "Materialised", first in FY2022. Latest entry: FY2026.
The whole theme swung hardest in 2020: 51 of 96 companies on the "Worse" side.
- FY2026MaterialisedAnnual report
「Fiscal year ending March 2026 (1 April 2025 to 31 March 2026) ㈱ほっほっかほっか亭総本部 (Osaka) Stores (6 stores) 87 店舗流通ネット㈱ (Tokyo) Stores (13 stores) 29 Total 116」
In connection with the risk of declining profitability of fixed assets and goodwill, an impairment loss of ¥116 million was recognised for 19 stores during the fiscal year. - 2026-05-29MaterialisedGeneral Meetings of Shareholders
「The breakdown of impairment losses was ¥111 million for buildings and structures and ¥4 million for other assets.」
In the fiscal year ending March 2026, the company recorded total impairment losses of ¥116 million for 6 Hokka Hokka Tei head-office stores and 13 stores operated by Store Distribution Net. - FY2024MaterialisedAnnual report
「The decrease for the current consolidated fiscal year has been recognized as an impairment loss under extraordinary losses.」
In connection with the risk of declining profitability of fixed assets and goodwill, an impairment loss of ¥206 million was recognised during the fiscal year. This comprised ¥139 million for 16 takeaway bento stores and ¥66 million for 16 Tenpo Ryutsu Net stores. - FY2024-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no new business or other risks, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company stated that there had been no material changes regarding the impairment risk associated with fixed assets and goodwill. - FY2024-Q1MaterialisedAnnual report
「An impairment loss on fixed assets was recorded in the takeout bento business. The impairment loss recorded for the first quarter of the consolidated fiscal year was ¥10 million.」
In connection with the impairment risk arising from declining profitability of fixed assets and goodwill, an actual impairment loss of ¥10 million was recognised in the takeaway bento business. - FY2023MaterialisedAnnual report
「Fiscal year ended 31 March 2023 (1 April 2022 to 31 March 2023): impairment loss: 83」
Regarding the impairment risk associated with fixed assets and goodwill, an actual impairment loss of ¥83 million was recognised for 32 stores during the fiscal year. - FY2023-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no new business or other risks, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company stated that there had been no material changes regarding the impairment risk associated with fixed assets and goodwill. - FY2023-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no new business or other risks, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company stated that there had been no material changes regarding the impairment risk associated with fixed assets and goodwill. - FY2022MaterialisedAnnual report
「Fiscal year ended 31 March 2022 (1 April 2021 to 31 March 2022): Hokka Hokka Tei General Headquarters Co., Ltd. (Osaka) — stores (13 stores): 47; Tenpo Ryutsu Net Co., Ltd. (Tokyo) — stores (16 stores): 15; total: 63」
Regarding the impairment risk associated with fixed assets and goodwill, an actual impairment loss of ¥63 million was recognised for 29 stores during the fiscal year. - FY2022-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no new business or other risks, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company stated that there had been no material changes regarding the impairment risk associated with fixed assets and goodwill. - FY2021First statedAnnual report
「The Group owns various intangible and tangible fixed assets, including goodwill acquired through business acquisitions and other transactions, as well as operating facilities and real estate. If the profitability of these assets declines, for example because they no longer generate the expected cash flows, making recovery of the investment unlikely and requiring impairment accounting, the Group may recognise impairment losses, which could affect its business results.」
The company explicitly identified, for the first time as a standalone business risk, the decline in profitability of fixed assets and goodwill and the resulting risk of impairment. It also recognised an actual impairment loss of ¥24 million in the same fiscal year.