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Kan-Nanmaru (7585) · RiskMitigated

Lease Contract Cancellation Losses and Removal Costs Associated with Store Closures

First written in FY2017. 11 of 24 entries say "Mitigated", first in FY2019-Q2. Latest entry: FY2026.

24entries
10years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseMitigatedFY2022-Q1 – FY2022MitigatedFY2024 – FY20262017: 22018: 320182019: 320192020: 320202021: 420212022: 220222023: 220232024: 220242025: 220252026: 12026
Same theme, other companies
Combined Recognition of Store Closure Losses and Losses on Termination of Lease AgreementsA theme 3 companies write about · 3 as a headwind · 0 as a tailwind

Kan-Nanmaru moved to the "Worse" side of this theme in 2017.

0 other companies' latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026MitigatedAnnual report

    「Store closure losses were ¥2 thousand, down from ¥9.923 million in the previous fiscal year.」

    Store closure losses decreased substantially from the previous fiscal year, but ¥2 thousand in penalties related to contract cancellations and other costs remained recognized.
  2. FY2025MitigatedAnnual report

    「Store closure losses amounted to ¥9.923 million, down from ¥10.106 million in the previous fiscal year.」

    Store closure losses decreased slightly from the previous fiscal year, but losses including lease termination losses and penalties continued to be incurred.
  3. FY2025-H1MitigatedAnnual report

    「Store closure losses 3,331 372」

    Store closure losses for the interim accounting period were ¥372 thousand, down from ¥3.331 million in the same period of the previous year. However, losses associated with store closures continued to be incurred.
  4. FY2024MitigatedAnnual report

    「Store closure losses amounted to ¥10.106 million, down from ¥10.464 million in the previous fiscal year.」

    Store closure losses decreased slightly from the previous fiscal year, but losses including lease termination losses continued to be incurred.
  5. FY2024-Q3WorsenedAnnual report

    「Store closure losses 369 ¥9.881 million」

    Store closure losses for the cumulative nine-month period ended were ¥9.881 million, up from ¥369 thousand in the cumulative nine-month period ended in the previous year. Losses associated with store closures continued to be incurred.
  6. FY2024-Q1MaterialisedAnnual report

    「Store closure losses - 925」

    The company recorded store closure losses of ¥925 thousand in the first quarter, although none had been recorded in the same period of the previous year, indicating that losses associated with store closures had been incurred.
  7. FY2023WorsenedAnnual report

    「Store closure losses amounted to ¥10.464 million, up from ¥1.435 million in the previous consolidated fiscal year.」

    Store closure losses increased from the previous fiscal year, including lease termination losses of ¥7.331 million and penalties and other costs associated with contract termination of ¥1.528 million, among other items.
  8. FY2022MitigatedAnnual report

    「Store closure losses amounted to ¥1.435 million, down from ¥77.700 million in the previous consolidated fiscal year.」

    Store closure losses fell significantly from the previous fiscal year, but penalties and other costs associated with contract termination of ¥435 thousand and other losses of ¥1 million were incurred.
  9. FY2022-Q2MitigatedAnnual report

    「Store closure losses ¥48.586 million ¥1.265 million」

    Store closure losses decreased from ¥48.586 million in the same period of the previous year to ¥1.265 million. However, losses associated with store closures continued to be incurred.
  10. FY2022-Q1MitigatedAnnual report

    「Removal costs -¥ thousand Lease termination losses 1,000 Total 1,000」

    Store closure losses for the first quarter were ¥1 million, down from ¥2.723 million in the same period of the previous year. However, losses associated with store closures continued to be incurred.
  11. FY2021WorsenedAnnual report

    「Store closure losses ¥77.700 million」

    Store closure losses increased from ¥5.771 million in the previous fiscal year to ¥77.700 million. The breakdown included lease termination losses of ¥58.860 million, among other items.
  12. FY2021-Q3WorsenedAnnual report

    「Store closure losses ¥61.163 million」

    Store closure losses for the cumulative nine-month period ended were ¥61.163 million, up from ¥48.586 million in the previous cumulative period. The breakdown comprised lease termination losses of ¥56.060 million, removal costs of ¥2.723 million and penalties and other costs associated with contract termination of ¥2.380 million.
  13. FY2021-Q2WorsenedAnnual report

    「Lease termination losses - ¥ thousand ¥45.863 million Removal costs - 2,723 Total - ¥48.586 million」

    Store closure losses for the cumulative period under review amounted to ¥48.586 million, up from no losses recorded in the same period of the previous year and ¥2.723 million in the previous quarter.
  14. FY2021-Q1MaterialisedAnnual report

    「Store closure losses 2,723」

    The company recorded store closure losses of ¥2.723 million in the quarter, although none had been recorded in the same period of the previous year.
  15. FY2020-Q3MitigatedAnnual report

    「Store closure losses 2,419」

    Store closure losses for the nine-month period ended were ¥2.419 million, down from ¥17.186 million in the same period of the previous year. However, losses associated with store closures continued to be incurred.
  16. FY2020-Q2WorsenedAnnual report

    「Store closure losses 2,355」

    Store closure losses for the six-month period ended were ¥2.355 million, up from ¥1.775 million in the same period of the previous year. Losses associated with store closures continued to be incurred.
  17. FY2019MitigatedAnnual report

    「This comprised impairment losses of ¥208.618 million, store closure losses of ¥19.290 million and losses on disposal of fixed assets of ¥130 thousand.」

    Store closure losses amounted to ¥19.290 million, down from ¥46.858 million in the previous fiscal year. However, losses associated with store closures continued to be incurred.
  18. FY2019-Q3MitigatedAnnual report

    「Store closure losses ¥17.186 million」

    Store closure losses for the nine-month period ended were ¥17.186 million, down from ¥45.337 million in the same period of the previous year. However, losses associated with store closures continued to be incurred.
  19. FY2019-Q2MitigatedAnnual report

    「Store closure losses 1,775」

    Store closure losses for the six-month period ended 1,775 were ¥1.775 million, down from ¥45.337 million in the same period of the previous year. However, losses associated with store closures continued to be incurred.
  20. FY2018WorsenedAnnual report

    「Extraordinary losses amounted to ¥369.408 million, comprising losses on disposal of fixed assets of ¥1.375 million, impairment losses of ¥321.174 million and store closure losses of ¥46.858 million.」

    Store closure losses increased from ¥13.571 million in the previous fiscal year and ¥45.337 million for the cumulative third quarter to ¥46.858 million.
  21. FY2018-Q3RestatedAnnual report

    「The company recorded impairment losses of ¥302.444 million and store closure losses of ¥45.337 million as extraordinary losses, resulting in」

    The company again reported store closure losses of ¥45.337 million, continuing to disclose that losses associated with store closures had been incurred.
  22. FY2018-Q2WorsenedAnnual report

    「The company recorded impairment losses of ¥302.444 million and store closure losses of ¥45.337 million as extraordinary losses, resulting in」

    The company recorded store closure losses of ¥45.337 million, an increase from ¥5.613 million in the previous quarter.
  23. FY2018-Q1MaterialisedAnnual report

    「Store closure losses 5,613」

    The company recorded store closure losses of ¥5.613 million in the first quarter, confirming that losses associated with store closures had actually been incurred.
  24. FY2017MaterialisedAnnual report

    「Store closure losses ¥13.571 million」

    The company recorded store closure losses of ¥13.571 million during the period, comprising lease termination losses of ¥6.362 million and removal costs of ¥7.209 million.
Moved together

"Impairment Losses Relating to Stores and Other Operations with Continuing Losses" moved the same way as this thread, in the same document, in 13 of its 24 moves.

13119776★123456
  1. ★This thread
  2. 1Impairment Losses Relating to Stores and Other Operations with Continuing Losses13×
  3. 2Building a Robust Financial Foundation with a Target Equity Ratio of 90.0%11×
  4. 3Lower Revenue and Earnings and a Decline in Net Income9×
  5. 4Year-on-year decline in same-store sales7×
  6. 5Improving Existing-Store Productivity Through Store Expansion Strategy Reviews, Management Resource Rationalization, and Store Operations Rebuilding7×
  7. 6Achieving a 5.0% Operating Margin on Net Sales6×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Lease Contract Cancellation Losses and Removal Costs Associated with Store Closures | KAN-NANMARU CORPORATION (7585) | Komori