Risk of Fixed-Asset Impairment Due to Deteriorating Profitability at the Brand or Sales-Floor Level
First written in FY2018. 4 of 9 entries say "Materialised", first in FY2019. Latest entry: FY2027-H1.
Lapine moved to the "Worse" side of this theme in 2019, 2 years after the typical company in this theme (2017).
The whole theme swung hardest in 2017: 10 of 13 companies on the "Worse" side.
4 other companies' latest entry also says "Materialised".
- FY2027-H1MaterialisedAnnual report
「Impairment loss — 1,019」
An impairment loss of ¥1.019 million was recorded during the interim consolidated accounting period in relation to the risk of impairment of fixed assets associated with deteriorating profitability at brands and sales floors. - FY2025MaterialisedAnnual report
「Impairment loss: ¥12.762 million」
Regarding the risk of fixed-asset impairment due to deteriorating profitability at brands, sales floors and other locations, actual impairment losses of ¥12,762 thousand were recognised on store and sales-floor assets and shared assets. - FY2024RestatedAnnual report
「If the risks in (1) through (8) above materialise or other events cause profitability to deteriorate by brand or sales floor in the Group’s businesses, impairment losses may be recognised on fixed assets held by the Group, potentially affecting the Group’s operating results.」
The company continues to address the risk of fixed-asset impairment due to deteriorating profitability by brand and sales floor by checking for impairment indicators each fiscal year. - FY2023RestatedAnnual report
「If the risks in (1) through (8) above materialise or other events cause profitability to deteriorate by brand or sales floor in the Group’s businesses, impairment losses may be recognised on fixed assets held by the Group, potentially affecting the Group’s operating results.」
The company continues to address the risk of fixed-asset impairment due to deteriorating profitability by brand and sales floor by checking for impairment indicators each fiscal year. - FY2021-Q3WorsenedAnnual report
「Impairment loss ¥1.663 million ¥136.148 million」
Regarding fixed-asset impairment related to deteriorating profitability at brands, sales floors and other locations, the amount recognised for the cumulative third-quarter period was ¥136,148 thousand, an increase from the same period of the previous year. - FY2021-Q2WorsenedAnnual report
「As a result, the company recognised an impairment loss on tangible fixed assets of ¥34,998 thousand for which no recoverable amount was expected.」
Additional fixed-asset impairment arose due to deteriorating profitability, and ¥34,998 thousand was recognised in the second quarter of the current fiscal year. - FY2021-Q1MaterialisedAnnual report
「As a result, the company recorded an impairment loss on tangible fixed assets of ¥11.017 million for which no recoverable amount was expected.」
Regarding the risk of fixed-asset impairment triggered by deteriorating profitability at stores and other locations, an actual impairment loss of ¥11,017 thousand was recognised in the first quarter of the current fiscal year. - FY2019MaterialisedAnnual report
「In light of the profitability of the business under the recent operating environment, the company recognized ¥940 million as an impairment loss and recorded it as an extraordinary loss for shared assets, including the head office, in accordance with the Accounting Standard for Impairment of Fixed Assets.」
Regarding the risk of fixed-asset impairment triggered by deteriorating profitability at brands and sales floors, an actual impairment loss of ¥940,904 thousand has been recognised on shared assets and other assets. - FY2018First statedAnnual report
「If profitability deteriorates by brand or sales floor in the Group’s businesses, impairment losses may be recognised on fixed assets held by the Group, potentially affecting the Group’s business performance.」
The company has identified for the first time, as a standalone business risk, the possibility of fixed-asset impairment triggered by deteriorating profitability by brand and sales floor.