Impairment Risk at Unprofitable Stores and Stores Scheduled for Closure
First written in FY2016. 21 of 35 entries say "Materialised", first in FY2017-Q3. Latest entry: FY2026.
Joshin moved to the "Worse" side of this theme in 2017, the same year as the typical company in this theme.
The whole theme swung hardest in 2024: 19 of 32 companies on the "Worse" side.
4 other companies' latest entry also says "Other".
- FY2026Annual impairment loss updateAnnual report
「The carrying amounts of asset groups at stores that have continued to report losses from operating activities, as well as stores scheduled for closure and other assets, were reduced to their recoverable amounts. The resulting decrease of ¥1,392 million was recorded as an impairment loss under extraordinary losses.」
Impairment losses for the fiscal year ending March 2026 were ¥1,392 million, including ¥1,392 million relating to assets at 36 stores. Although this was down from ¥1,448 million in the previous fiscal year, impairment losses continued to be recognized. - FY2026-H1Update to First-Half Impairment LossesAnnual report
「Impairment loss 49 0」
Impairment losses for the current interim consolidated accounting period were ¥0 million, down from ¥49 million in the same period of the previous year. The impairment amount recognized for the interim period in connection with unprofitable stores, stores scheduled for closure and other items has been updated. - FY2025WorsenedAnnual report
「The carrying amounts of asset groups at stores whose operating results have remained negative, as well as stores scheduled for closure and other assets, were reduced to their recoverable amounts. The resulting decrease of ¥1,448 million was recognized as an impairment loss under extraordinary losses.」
Annual impairment loss amounted to ¥1,448 million, up from ¥1,105 million in the previous fiscal year. Impairment of store asset groups amounted to ¥1,378 million at 35 stores. - FY2025-H1WorsenedAnnual report
「Impairment loss 38 49」
Impairment loss for the current interim consolidated accounting period amounted to ¥49 million, up from ¥38 million in the same period of the previous fiscal year. Impairment recognition related to unprofitable and scheduled-for-closure stores and other locations has continued. - FY2024WorsenedAnnual report
「The carrying amounts of asset groups at stores whose operating results have remained negative, as well as stores scheduled for closure and other assets, were reduced to their recoverable amounts. The resulting decrease of ¥1,105 million was recognized as an impairment loss under extraordinary losses.」
Annual impairment loss amounted to ¥1,105 million, up from ¥977 million in the previous fiscal year. Impairment related to store assets amounted to ¥978 million at 16 stores. - FY2024-Q3Quarterly impairment loss updateAnnual report
「Impairment loss 371 155」
Impairment loss for the cumulative third quarter amounted to ¥155 million, down from ¥371 million in the same quarter of the previous fiscal year. The amount of impairment loss recognized for unprofitable and scheduled-for-closure stores and other locations has been updated. - FY2024-Q2Quarterly impairment loss updateAnnual report
「Impairment loss 315 38」
Impairment loss for the cumulative second quarter amounted to ¥38 million, down from ¥315 million in the same quarter of the previous fiscal year. The amount of impairment loss recognized for unprofitable and scheduled-for-closure stores and other locations has been updated. - FY2024-Q1Quarterly impairment loss updateAnnual report
「Impairment loss 239 ―」
No impairment loss was recognized in the first quarter, down from ¥239 million in the same quarter of the previous fiscal year. The quarterly amount of impairment loss recognized for unprofitable and scheduled-for-closure stores and other locations has been updated. - FY2023RestatedAnnual report
「The carrying amounts of asset groups at stores whose operating results have remained negative, as well as stores scheduled for closure and other assets, were reduced to their recoverable amounts. The resulting decrease of ¥977 million was recognized as an impairment loss under extraordinary losses.」
An impairment loss of ¥977 million related to unprofitable and scheduled-for-closure stores and other locations was recognized. Although this was down from ¥1,023 million in the previous fiscal year, impairment associated with store scrap-and-build initiatives has continued. - FY2023-Q3WorsenedAnnual report
「Impairment loss 193 371」
Impairment loss for the cumulative third-quarter consolidated reporting period amounted to ¥371 million, up from ¥193 million in the same quarter of the previous fiscal year. Losses associated with unprofitable and scheduled-for-closure stores and other locations increased. - FY2023-Q2WorsenedAnnual report
「Impairment loss 172 315」
Impairment loss for the cumulative second-quarter consolidated reporting period amounted to ¥315 million, up from ¥172 million in the same quarter of the previous fiscal year. Losses associated with unprofitable and scheduled-for-closure stores and other locations increased. - FY2023-Q1WorsenedAnnual report
「Impairment loss 8 239」
Impairment loss for the cumulative first-quarter consolidated reporting period amounted to ¥239 million, up from ¥8 million in the same quarter of the previous fiscal year. Losses associated with unprofitable and scheduled-for-closure stores and other locations materialized. - FY2022MaterialisedAnnual report
「The carrying amounts of asset groups at stores whose operating results have remained negative, as well as stores scheduled for closure and other assets, were reduced to their recoverable amounts. The resulting decrease of ¥1,023 million was recognized as an impairment loss under extraordinary losses.」
An impairment loss of ¥1,023 million related to unprofitable and scheduled-for-closure stores and other locations was recognized. Although this was down from ¥3,193 million in the previous fiscal year, losses associated with store scrap-and-build initiatives have continued. - FY2022-Q3MaterialisedAnnual report
「Impairment loss 925 193 Provision for store closure losses 488 21」
For the cumulative third-quarter consolidated reporting period, impairment loss of ¥193 million and provision for store closure losses of ¥21 million were recognized. Losses associated with unprofitable and scheduled-for-closure stores and other locations have continued to arise. - FY2022-Q2MaterialisedAnnual report
「Impairment loss 810 172 Provision for store closure losses 540 42」
For the cumulative second-quarter consolidated reporting period, impairment loss of ¥172 million and provision for store closure losses of ¥42 million were recognized, and losses associated with unprofitable and scheduled-for-closure stores and other locations have continued to arise. - FY2022-Q1MaterialisedAnnual report
「Impairment loss 498 8 Provision for store closure losses 690 4」
For the cumulative first-quarter consolidated reporting period, impairment loss of ¥8 million and provision for store closure losses of ¥4 million were recognized. Losses associated with unprofitable and scheduled-for-closure stores and other locations have continued to arise. - FY2021WorsenedAnnual report
「The carrying amounts of asset groups at stores whose operating results have remained negative, as well as stores scheduled for closure and other assets, were reduced to their recoverable amounts. The resulting decrease of ¥3,193 million was recognized as an impairment loss under extraordinary losses.」
Impairment loss related to unprofitable and scheduled-for-closure stores and other locations amounted to ¥3,193 million, up from ¥739 million in the previous fiscal year. The impairment loss materialized in connection with store assets at 215 stores. - FY2021-Q3MaterialisedAnnual report
「Impairment loss 196 925 Provision for store closure losses 151 488」
For the cumulative third-quarter consolidated reporting period, impairment loss of ¥925 million and provision for store closure losses of ¥488 million were recognized, and losses associated with unprofitable and scheduled-for-closure stores and other locations have continued to arise. - FY2021-Q2MaterialisedAnnual report
「Impairment loss 145 810 Provision for store closure losses 114 540」
For the cumulative second-quarter consolidated reporting period, impairment loss of ¥810 million and provision for store closure losses of ¥540 million were recognized. Losses associated with unprofitable and scheduled-for-closure stores and other locations have continued to arise. - FY2021-Q1MaterialisedAnnual report
「Impairment loss 9 498 Provision for store closure losses － 690」
For the cumulative first-quarter consolidated reporting period, impairment loss of ¥498 million and provision for store closure losses of ¥690 million were recognized, and losses associated with unprofitable and scheduled-for-closure stores and other locations arose. - FY2020MaterialisedAnnual report
「The carrying amounts of asset groups at stores whose operating results have remained negative, as well as stores scheduled for closure and other assets, were reduced to their recoverable amounts. The resulting decrease of ¥739 million was recognized as an impairment loss under extraordinary losses.」
An impairment loss of ¥739 million related to unprofitable and scheduled-for-closure stores and other locations was recognized. Although this was down from ¥1,179 million in the previous fiscal year, losses associated with store scrap-and-build initiatives have continued. - FY2020-Q3MaterialisedAnnual report
「Impairment loss 254 196 Provision for store closure losses － 151」
For the cumulative third-quarter consolidated reporting period, impairment loss of ¥196 million and provision for store closure losses of ¥151 million were recognized, and losses associated with unprofitable and scheduled-for-closure stores and other locations have continued to arise. - FY2020-Q2MaterialisedAnnual report
「Impairment loss 106 145 Provision for store closure losses － 114」
For the cumulative second-quarter consolidated reporting period, impairment loss of ¥145 million and provision for store closure losses of ¥114 million were recognized, and losses associated with unprofitable and scheduled-for-closure stores and other locations have continued to arise. - FY2020-Q1MaterialisedAnnual report
「Impairment loss 26 9」
An impairment loss of ¥9 million was recognized for the cumulative first-quarter consolidated reporting period, and impairment related to unprofitable and scheduled-for-closure stores and other locations has continued to arise. - FY2019MaterialisedAnnual report
「The carrying amounts of asset groups at stores whose operating results have remained negative, as well as stores scheduled for closure and other assets, were reduced to their recoverable amounts. The resulting decrease of ¥1,179 million was recognized as an impairment loss under extraordinary losses.」
An impairment loss of ¥1,179 million related to unprofitable and scheduled-for-closure stores and other locations was recognized. Although this was down from ¥1,357 million in the previous fiscal year, losses associated with store scrap-and-build initiatives have continued to arise. - FY2019-Q3MaterialisedAnnual report
「Impairment loss 928 254」
An impairment loss of ¥254 million was recognized for the cumulative third-quarter consolidated reporting period, and losses related to unprofitable and scheduled-for-closure stores and other locations have continued to arise. - FY2019-Q2MaterialisedAnnual report
「Impairment loss 361 106」
An impairment loss of ¥106 million was recognized for the cumulative second-quarter consolidated reporting period, and losses related to unprofitable and scheduled-for-closure stores and other locations have continued to arise. - FY2019-Q1MaterialisedAnnual report
「Impairment loss 60 26」
An impairment loss of ¥26 million was recognized for the cumulative first-quarter consolidated reporting period, and impairment related to unprofitable and scheduled-for-closure stores and other locations has continued to arise. - FY2018MaterialisedAnnual report
「The carrying amounts of asset groups at stores whose operating results have remained negative, as well as stores scheduled for closure and other assets, were reduced to their recoverable amounts. The resulting decrease of ¥1,357 million was recognized as an impairment loss under extraordinary losses.」
An impairment loss of ¥1,357 million related to unprofitable and scheduled-for-closure stores and other locations was recognized, up from ¥801 million in the previous fiscal year. Losses associated with store scrap-and-build initiatives have continued to materialize. - FY2018-Q3MaterialisedAnnual report
「Impairment loss 542 928 Provision for allowance for doubtful accounts 11 732 Provision for store closure losses － 859」
For the cumulative third-quarter consolidated reporting period, impairment loss of ¥928 million and provision for store closure losses of ¥859 million were recognized, and losses associated with unprofitable and scheduled-for-closure stores and other locations have continued to arise. - FY2018-Q2MaterialisedAnnual report
「Impairment loss 361」
An impairment loss of ¥361 million was recognized for the cumulative second-quarter consolidated reporting period, and impairment related to unprofitable and scheduled-for-closure stores and other locations has continued to arise. - FY2018-Q1MaterialisedAnnual report
「Impairment loss 60」
An impairment loss of ¥60 million was recognized for the cumulative first-quarter consolidated reporting period, and impairment related to unprofitable and scheduled-for-closure stores and other locations has continued to arise. - FY2017MaterialisedAnnual report
「The carrying amounts of asset groups at stores whose operating results have remained negative, as well as stores scheduled for closure and other assets, were reduced to their recoverable amounts. The resulting decrease of ¥801 million was recognized as an impairment loss under extraordinary losses.」
An impairment loss of ¥801 million related to unprofitable and scheduled-for-closure stores and other locations arose during the fiscal year. Store scrap-and-build initiatives and the recognition of impairment losses have continued in parallel. - FY2017-Q3MaterialisedAnnual report
「Impairment loss 542」
An impairment loss of ¥542 million was recognized under extraordinary losses for the cumulative third-quarter consolidated reporting period, and impairment related to unprofitable and scheduled-for-closure stores and other locations has continued to arise. - FY2016First statedAnnual report
「The carrying amounts of asset groups at stores whose operating results have remained negative, as well as stores scheduled for closure and other assets, were reduced to their recoverable amounts. The resulting decrease of ¥828 million was recognized as an impairment loss under extraordinary losses.」
Impairment losses related to unprofitable and scheduled-for-closure stores were actually recognized, in connection with the need to pursue store scrap-and-build initiatives.