Declining store profitability and impairment losses
First written in FY2016. 12 of 14 entries say "Materialised", first in FY2016. Latest entry: FY2026.
Kyoto Kimono Yuzen 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 2017: 21 of 26 companies on the "Worse" side.
11 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Fiscal year under review (from 1 April 2025 to 31 March 2026): Not applicable.」
No new impairment loss on property, plant and equipment was recognized in the current fiscal year, compared with the ¥150.047 million recognized in the previous fiscal year. - FY2025MaterialisedAnnual report
「During the fiscal year, the Group recognized impairment losses on the following asset groups.」
An impairment loss of ¥150.047 million was recognized on 12 kimono stores and shared head-office assets due to declining profitability. Declining profitability at stores and in shared assets has materialized for a second consecutive year. - FY2024MaterialisedAnnual report
「For the above business, because a decline in profitability was identified, the carrying amount was reduced to the recoverable amount, with the reduction recognized as an impairment loss under extraordinary losses.」
An impairment loss of ¥159.388 million was recognized on assets of the Kimono Store Operations business, the Other business and head office due to declining profitability. The risk of declining store profitability has materialized for a second consecutive year. - FY2024-Q3MitigatedAnnual report
「No applicable items.」
The segment information for the cumulative third-quarter period does not disclose any significant impairment loss related to property, plant and equipment. - FY2023MaterialisedAnnual report
「For the above business, because a decline in profitability was identified, the carrying amount was reduced to the recoverable amount, with the reduction recognized as an impairment loss under extraordinary losses.」
Impairment losses totaling ¥197.864 million arose on stores and operating assets in the Kimono Store Operations and Other businesses. The amount increased from ¥169.993 million in the previous fiscal year, and the scope extended to the Other business. - FY2022MaterialisedAnnual report
「As the profitability of the above stores had declined, their carrying amounts were reduced to their recoverable amounts, and the reduction was recorded as an impairment loss under extraordinary losses.」
An impairment loss of ¥169.993 million was recognized for Ginza Store and 28 other stores due to declining profitability, indicating that the risk of declining store profitability had materialized to a significant extent. - FY2022-Q3MaterialisedAnnual report
「In the Kimono Store Operations segment, a reduction of ¥3.637 million resulting from a review of the recoverable amount following a change in the use of assets was recognized as an impairment loss under extraordinary losses.」
A ¥3.637 million impairment loss arose during the cumulative third-quarter period as a result of reviewing recoverable amounts following changes in asset use. - FY2021MaterialisedAnnual report
「As the profitability of the above stores had declined, their carrying amounts were reduced to their recoverable amounts, and the reduction was recorded as an impairment loss under extraordinary losses.」
An impairment loss of ¥37.397 million was recognized for Shibuya Store and 1 other store due to declining profitability, indicating that the risk of declining store profitability had materialized. - FY2020MaterialisedAnnual report
「For the above stores, because a decline in profitability was identified, and for the employee welfare facilities, the carrying amount was reduced to the recoverable amount following a change in the use of the assets, with the reduction of ¥ million recognized as an impairment loss under extraordinary losses.」
An impairment loss of ¥112.149 million was recognized for Tokyo Main Store and 5 other stores and the employee welfare facilities, due to declining profitability and changes in asset use. - FY2020-Q3MaterialisedAnnual report
「In the Kimono-Related Business segment, a reduction of ¥36.303 million resulting from a review of recoverable amounts following a change in the use of assets was recorded as an impairment loss under extraordinary losses.」
An impairment loss of ¥36.303 million was recorded following a review of recoverable amounts due to a change in the use of assets. The risk related to declining profitability at stores and of assets materialized during the quarter. - FY2020-Q2MaterialisedAnnual report
「In the Kimono-Related Business segment, a reduction of ¥22.990 million resulting from a review of fair value following a change in the use of assets was recorded as an impairment loss under extraordinary losses.」
An impairment loss of ¥22.990 million was recorded following a review of fair value due to a change in the use of assets. The risk of declining profitability at stores and of assets materialized during the quarter. - FY2018MaterialisedAnnual report
「As the profitability of the above stores had declined, their carrying amounts were reduced to their recoverable amounts, and the reduction was recorded as an impairment loss under extraordinary losses.」
Impairment losses of ¥32.826 million were recorded at 2 stores, including the Atsugi store, due to declining profitability, meaning that the risk of declining store profitability materialized during the full fiscal year. - FY2017MaterialisedAnnual report
「As the profitability of the above 5 stores had declined, their carrying amounts were reduced to their recoverable amounts, and the reduction was recorded as an impairment loss under extraordinary losses.」
Impairment losses of ¥45.808 million were recorded at a total of 5 stores, including the Ginza store, due to declining profitability, meaning that the risk of declining store profitability materialized during the full fiscal year. - FY2016MaterialisedAnnual report
「As the profitability of the other 18 stores had declined, their carrying amounts were reduced to their recoverable amounts, and the reduction was recorded as an impairment loss under extraordinary losses.」
During the fiscal year, impairment losses of ¥1,043.017 million were recorded due to declining profitability at 18 stores.