Impairment of Unprofitable Stores and Stores Scheduled for Closure
First written in FY2016-Q3. 6 of 9 entries say "Materialised", first in FY2016-Q3. Latest entry: 2026-10-24.
Yamato International 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 2024: 19 of 32 companies on the "Worse" side.
10 other companies' latest entry also says "Mitigated".
- FY2025WorsenedAnnual report
「The carrying amounts of asset groups expected to continue generating losses from operating activities were reduced to recoverable amounts. The resulting reduction of ¥129.272 million was recognized as an impairment loss under extraordinary losses, comprising ¥92.903 million for buildings and structures, ¥34.957 million for tools, furniture and fixtures, and ¥1.411 million for other investments and assets.」
An impairment loss of ¥129.272 million, not ¥1,292.72 million, was recognized on store assets expected to continue generating losses, a substantial increase from ¥5.665 million in the previous year. - FY2024MaterialisedAnnual report
「The carrying amounts of asset groups expected to continue generating losses from operating activities were reduced to recoverable amounts. The resulting reduction of ¥5.665 million was recognized as an impairment loss under extraordinary losses, comprising ¥5.458 million for buildings and structures and ¥206 thousand for tools, furniture and fixtures.」
An impairment loss of ¥5.665 million was recognized on store assets in areas including Kasuya District, Fukuoka Prefecture, due to expected continuing losses. - FY2022MaterialisedAnnual report
「The carrying amounts of asset groups expected to continue generating losses from operating activities were reduced to recoverable amounts. The resulting reduction of ¥65.922 million was recognized as an impairment loss under extraordinary losses, comprising ¥30.944 million for buildings and structures, ¥26.421 million for other tangible fixed assets, and ¥8.556 million for other investments and assets.」
An impairment loss of ¥65.922 million was recognized on stores expected to continue generating losses in areas including Inba District, Chiba Prefecture. - FY2020MaterialisedAnnual report
「In addition, the carrying amounts of stores expected to continue generating losses from operating activities, and stores whose closure has been decided, were reduced to recoverable amounts. The resulting reduction of ¥93.561 million was recognized as an impairment loss under extraordinary losses.」
An impairment loss of ¥93.561 million was recognized on stores expected to continue generating losses or scheduled for closure. - FY2017MaterialisedAnnual report
「In addition, the carrying amounts of stores expected to continue generating losses from operating activities were reduced to recoverable amounts. The resulting reduction of ¥41.122 million was recognized as an impairment loss under extraordinary losses.」
An impairment loss of ¥41.122 million was recognized on stores expected to continue generating losses. - FY2016MaterialisedAnnual report
「In addition, the carrying amounts of stores expected to continue generating losses from operating activities, and stores whose closure has been decided, were reduced to recoverable amounts. The resulting reduction of ¥247.521 million was recognized as an impairment loss under extraordinary losses.」
An impairment loss of ¥247.521 million was recognized on store assets and other properties expected to continue generating losses or scheduled for closure. - FY2016-Q3MaterialisedAnnual report
「In addition, the carrying amounts of stores expected to continue generating losses from operating activities, and stores whose closure has been decided, were reduced to recoverable amounts. The resulting reduction of ¥114.124 million was recognized as an impairment loss under extraordinary losses.」
Impairment losses were recognized on store assets and other properties in 26 locations, including Kita-ku, Okayama, Okayama Prefecture, due to expected continuing losses or a decision to close.