Risk of Deteriorating Store Profitability and Impairment of Held Assets
First written in FY2017. 3 of 8 entries say "Materialised", first in FY2019. Latest entry: FY2026.
The whole theme swung hardest in 2020: 51 of 96 companies on the "Worse" side.
- FY2026WorsenedAnnual report
「During the current consolidated fiscal year, the Group recorded ¥665 million in impairment losses on tangible fixed assets. The Group believes that there remains a significant possibility of recording further impairment losses due to deteriorating profitability, deterioration in the financial condition of issuers of securities held by the Group, changes in the real estate and financial markets, and other factors.」
Impairment losses on tangible fixed assets increased from ¥274 million in the previous fiscal year to ¥665 million, indicating that risks related to store profitability and asset values have increased in actual results. - 2026-05-04MaterialisedGeneral Meetings of Shareholders
「As a result, we considered whether impairment losses were necessary for stores that had continued to generate negative operating results and stores whose fair value had declined significantly relative to their carrying amount. For assets subject to impairment, we reduced their carrying amounts to recoverable amounts and recorded the resulting decrease of ¥665 million as an extraordinary loss.」
The Company recorded an impairment loss of ¥665 million for retail stores and other assets during the consolidated fiscal year. - FY2025MitigatedAnnual report
「During the current consolidated fiscal year, the Group recorded ¥274 million in impairment losses on tangible fixed assets.」
Impairment losses declined from ¥1,468 million in the previous fiscal year to ¥274 million, but the risks of deteriorating profitability at stores and other locations and falling asset values continue to materialize. - FY2023WorsenedAnnual report
「During the current consolidated fiscal year, the Group recorded ¥1,468 million in impairment losses on tangible fixed assets, ¥1 million in valuation losses on investment securities as impairment losses on securities, and ¥19 million in valuation losses on shares of affiliated companies.」
The risk of deteriorating profitability at stores and other locations and falling asset values materialized during the year, with impairment losses on tangible fixed assets increasing from ¥1,073 million in the previous fiscal year to ¥1,468 million. - FY2022MaterialisedAnnual report
「During the current consolidated fiscal year, the Group recorded ¥1,073 million in impairment losses on tangible fixed assets and ¥37 million in valuation losses on investment securities as impairment losses on securities. The Group believes that there remains a significant possibility of recording further impairment losses due to deteriorating profitability, changes in the real estate and financial markets, and other factors.」
The risk of deteriorating profitability at stores and other locations and falling asset prices materialized during the year as ¥1,073 million in impairment losses on tangible fixed assets. - FY2020WorsenedAnnual report
「As a result, the Group assessed whether impairment treatment was necessary for stores and other locations where operating results had remained negative and for stores and other locations where market values had fallen significantly relative to their carrying amounts. For assets subject to impairment, the carrying amount was reduced to the recoverable amount, and the resulting decrease of ¥1,521.486 million was recorded as an extraordinary loss.」
Impairment losses of ¥1,521 million resulting from deteriorating profitability or falling market values at stores and other locations were recorded, up from ¥596 million in the previous fiscal year. - FY2019MaterialisedAnnual report
「For assets subject to impairment, the carrying amount was reduced to the recoverable amount, and the resulting decrease of ¥596.127 million was recorded as an extraordinary loss.」
The impairment risk based on deteriorating profitability or falling market values at stores and other locations materialized during the current consolidated fiscal year as an impairment loss of ¥596 million. - FY2017First statedAnnual report
「The Group holds many assets, including tangible fixed assets such as stores and land, as well as goodwill and securities. If store profitability deteriorates or the market prices of owned assets fall significantly, the Group may record impairment losses.」
Based on its holdings of stores, land, goodwill, securities and other assets, the disclosure identifies impairment risks arising from deteriorating profitability and falling market prices.