Decline in the Underlying Value of Assets Held and Impairment
First written in FY2016. 5 of 12 entries say "Materialised", first in FY2020. Latest entry: FY2026.
Tsukamoto Corporation moved to the "Worse" side of this theme in 2020, 3 years after the typical company in this theme (2017).
The whole theme swung hardest in 2025: 33 of 76 companies on the "Worse" side.
20 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「During the consolidated fiscal year, because the originally projected earnings could no longer be expected in the home furnishings business, carrying amounts were reduced to recoverable amounts, and the decrease was recognized as an extraordinary loss.」
Because the originally projected earnings could no longer be expected from retail store facilities in the home furnishings business, an impairment loss of ¥58.905 million was recognized. - FY2025WorsenedAnnual report
「Because the originally projected earnings could no longer be expected in the health and lifestyle business and the home furnishings business, carrying amounts were reduced to recoverable amounts, and the decreases were recognized as extraordinary losses.」
An impairment loss of ¥44.130 million was recognized in the health and lifestyle business and the home furnishings business, up from ¥20.714 million in the previous fiscal year. - FY2024MaterialisedAnnual report
「The Group groups its assets in the kimono business, home furnishings business, and Other based on the smallest units generating cash flows. Because the originally projected earnings could no longer be expected in the kimono business, home furnishings business, and Other, carrying amounts were reduced to recoverable amounts, and the decreases were recognized as extraordinary losses.」
Because the originally projected earnings could no longer be expected from assets in the kimono business, home furnishings business, and Other, an impairment loss of ¥20.714 million was recognized. - FY2023RestatedAnnual report
「The Group applies impairment accounting to its fixed assets. If impairment losses arise in the future on fixed assets and other assets held by the Group due to declining profitability resulting from a significant deterioration in the business environment or other factors, or due to falling market prices, this could adversely affect the Group's operating results.」
The risk of impairment resulting from declining profitability and falling market prices for fixed assets is reaffirmed. No impairment loss was recognized by segment for the consolidated fiscal year. - FY2022MaterialisedAnnual report
「For fixed assets at stores and offices, carrying amounts were reduced to recoverable amounts, and the decrease was recognized as an impairment loss.」
In connection with the withdrawal from domestic sales of Ralph Lauren products, an impairment loss of ¥46.716 million was recognized on fixed assets at 41 stores and offices. - FY2020MaterialisedAnnual report
「Because the originally projected earnings could no longer be expected from certain operating sales facilities in the home furnishings business, their carrying amounts were reduced to recoverable amounts, and the decrease was recognized as an extraordinary loss.」
An impairment loss of ¥84.01 million was recognized on certain store facilities in the home furnishings business due to declining profitability. - FY2019RestatedAnnual report
「The possibility that the Group's performance could be affected if impairment becomes necessary for assets held by the Group due to a decline in their fair value or other factors」
The potential impact on performance from a decline in the fair value of assets held and impairment is reiterated. No impairment loss was recognized for the consolidated fiscal year. - FY2018RestatedAnnual report
「The possibility that the Group's performance could be affected if impairment becomes necessary for assets held by the Group due to a decline in their fair value or other factors」
The impact on performance from a decline in the value of assets held and impairment is reiterated. - FY2017RestatedAnnual report
「The possibility that the Group's performance could be affected if impairment becomes necessary for assets held by the Group due to a decline in their fair value or other factors」
The potential impact on performance from a decline in the fair value of assets held and impairment is reiterated. - FY2016First statedAnnual report
「The possibility that the Group's performance could be affected if impairment becomes necessary for assets held by the Group due to a decline in their fair value or other factors」
The company identifies impairment resulting from a decline in asset values and its impact on performance as a risk.