Recognition of an Impairment Loss on Fixed Assets in Light of Failure to Meet the Plan
First written in FY2020-Q3. 1 of 3 entries say "Restated". Latest entry: FY2022.
0 other companies' latest entry also says "Advanced".
- FY2022AdvancedAnnual report
「Because the company recognized ¥63 million in impairment losses on assets that were not expected to be recovered, mainly due to the contraction of the apparel business, net loss attributable to owners of the parent was ¥892 million.」
The company recognized ¥63 million in impairment losses on assets that were not expected to be recovered due to the substantial contraction of the apparel business. - FY2020RestatedAnnual report
「Because the company had not achieved the improvement projected in the plan, it applied impairment accounting to store equipment, head-office equipment, software and other assets based on conservative assumptions and in accordance with the Accounting Standard for Impairment of Fixed Assets, recording ¥89 million in impairment losses.」
The annual results confirmed the recognition of ¥89 million in impairment losses on fixed assets due to failure to meet the plan, together with a breakdown of the assets subject to impairment. - FY2020-Q3First statedAnnual report
「In addition, although the loss narrowed from the same period of the previous year, the company had not achieved the improvement projected in the plan. Accordingly, it recognized impairment losses on store equipment, head-office equipment, software and other assets in accordance with the Accounting Standard for Impairment of Fixed Assets, recording ¥89 million as an extraordinary loss.」
The company recognized ¥89 million in impairment losses on store equipment, head-office equipment, software and other assets because performance had not improved as planned.