Impairment and tax-effect charges related to KAPPA・CREATE CO.,LTD.’s business restructuring
First written in FY2017-Q3. 4 of 4 entries say "Materialised", first in FY2017-Q3. Latest entry: 2026-05-08.
Colowide moved to the "Worse" side of this theme in 2017, 3 years before the typical company in this theme (2020).
The whole theme swung hardest in 2017: 3 of 6 companies on the "Worse" side.
4 other companies' latest entry also says "Materialised".
- 2026-05-08MaterialisedOccurring Fact
「While pursuing initiatives to improve profitability, and after carefully considering future profitability in light of the impact of high raw-material and energy prices on performance, we assessed the recoverability of certain fixed assets, including stores, held by our Group in accordance with the accounting standards for impairment of fixed assets. As a result, during the fourth quarter we recognized impairment losses on 85 domestic stores, 2 overseas stores and 1 domestic factory, recording an impairment loss of ¥715 million.」
KAPPA・CREATE CO.,LTD. disclosed an impairment loss of ¥715 million on 85 domestic stores, 2 overseas stores and 1 domestic factory, showing that impairment charges associated with its business restructuring had again been incurred. - FY2019MaterialisedAnnual report
「In addition to the overall shortfall in the store opening plan and the impact of successive natural disasters, the struggles in the izakaya and steak formats and the delayed recovery of the conveyor-belt sushi format also resulted in the recognition of an impairment loss of ¥4.890 billion, among other factors.」
Impairment losses of ¥4,890 million were actually recognized in FY2019 on assets related to M&A and business-format operations. - FY2018MaterialisedAnnual report
「In addition to new store openings falling short of plan, impairment procedures were carried out at underperforming locations, mainly in the izakaya and conveyor-belt sushi formats, resulting in」
Impairment charges at underperforming locations, mainly in the izakaya and conveyor-belt sushi formats, continued to be an actual factor affecting full-year results. - FY2017-Q3MaterialisedAnnual report
「Operating profit was ¥3,205 million, partly due to the recognition of impairment losses to accelerate the business restructuring of KAPPA・CREATE CO.,LTD. Profit before tax was ¥1,581 million. The loss for the quarter attributable to owners of the parent was ¥1,975 million, following, among other items, the full write-off of newly recognized deferred tax assets at KAPPA・CREATE CO.,LTD., amounting to ¥3,727 million.」
Impairment losses related to KAPPA・CREATE CO.,LTD.’s restructuring and the full write-off of ¥3,727 million in deferred tax assets actually occurred and were disclosed as factors behind the ¥1,975 million quarterly loss attributable to owners of the parent.