Impairment of Unprofitable Stores and Store Closures
First written in FY2016. 13 of 32 entries say "Materialised", first in FY2016. Latest entry: FY2026.
Ten Allied 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 2017: 16 of 22 companies on the "Worse" side.
5 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The Group recognized impairment losses of ¥186.144 million during the consolidated fiscal year, as detailed below.」
Impairment losses totaled ¥186.144 million for 30 stores, up from ¥22.283 million for 17 stores in the previous fiscal year, with increases in both the number of stores subject to impairment and the loss amount. Store closure losses of ¥3.859 million and an addition to the provision for store closure losses of ¥11.210 million were also recognized. - 2026-06-04MaterialisedGeneral Meeting of Shareholders
「減損損失は186,144千円」
減損損失を通期で1億86百万円計上し、不採算店舗関連損失が再び業績に現れている。 - FY2025MitigatedAnnual report
「The Group recognized impairment losses of ¥22.283 million during the consolidated fiscal year, as detailed below.」
Impairment losses totaled ¥22.283 million for 17 stores, a substantial decrease from ¥86.50 million for 18 stores in the previous fiscal year. No store closure losses were recognized. - FY2025-H1MitigatedAnnual report
「Store closure losses －」
No store closure losses were recognized during the interim period, and the amount incurred decreased from the ¥3 million recognized in the same period of the previous year. This does not state that the risk related to unprofitable stores has disappeared. - FY2024MitigatedAnnual report
「The Group recognized impairment losses of ¥86.500 million during the consolidated fiscal year, as detailed below.」
Impairment losses totaled ¥86.5 million for 18 stores, down from ¥171.8 million for 29 stores in the previous fiscal year. Store closure losses also decreased from ¥45.7 million to ¥3 million, indicating a decline in the scale of risks related to unprofitable stores. - FY2024-Q3MitigatedAnnual report
「Store closure losses 3,000」
Store closure losses during the nine-month period were ¥3 million, down from ¥21 million in the same period of the previous year. No impairment losses or additions to the provision for store closure losses were recognized. The scale of losses related to unprofitable stores and closures decreased from the same period of the previous year. - FY2024-Q2MaterialisedAnnual report
「Store closure losses - 3,000」
During the six-month period ended the second quarter, store closure losses of ¥3 million were recognized, and losses related to unprofitable stores and closures continued to occur following the previous fiscal year. - FY2024-Q1MaterialisedAnnual report
「Store closure losses 2,245 Addition to provision for store closure losses 754」
During the three-month period ended the first quarter, store closure losses of ¥2 million and an addition to the provision for store closure losses of ¥0.7 million were recognized, and closure-related losses continued to occur following the previous fiscal year. - FY2023WorsenedAnnual report
「The Group recognized impairment losses of ¥171.845 million during the consolidated fiscal year, as detailed below.」
Impairment losses totaled ¥171 million for 29 stores, a substantial increase from 1 store and ¥0.8 million in the previous fiscal year. Store closure losses of ¥45 million and an addition to the provision for store closure losses of ¥5 million were also recognized. - FY2023-Q3WorsenedAnnual report
「Impairment losses 23,198 Store closure losses 21,184 Addition to provision for store closure losses 29,517」
During the nine-month period ended the third quarter, impairment losses of approximately ¥23 million, store closure losses of approximately ¥21 million and an addition to the provision for store closure losses of approximately ¥30 million were recognized. Losses that had not occurred in the same period of the previous year emerged, and the scale of losses also expanded from the previous quarter's cumulative period. - FY2023-Q2MaterialisedAnnual report
「Impairment losses 4,945 Store closure losses - Addition to provision for store closure losses 11,639」
During the quarter, impairment losses of approximately ¥5 million and an addition to the provision for store closure losses of approximately ¥12 million were recognized, although neither had been recognized in the same period of the previous year, indicating that losses related to unprofitable stores and closures have emerged again. - FY2022MitigatedAnnual report
「The Group recognized impairment losses of ¥0.784 million during the consolidated fiscal year, as detailed below.」
Impairment losses were limited to 1 store and ¥0.784 million, a substantial decrease from 61 stores and ¥394 million in the previous fiscal year. No store closure losses or additions to the provision for store closure losses were recognized. - FY2022-Q3MitigatedAnnual report
「Reversal of provision for store closure losses 11,578 Store closure losses - Addition to provision for store closure losses -」
For the cumulative period through the quarter, no store closure losses or additions to the provision for store closure losses were recognized, while a reversal of the provision for store closure losses of ¥11 million was recognized. New losses related to unprofitable stores decreased from the level through the previous fiscal year. - FY2022-Q2MitigatedAnnual report
「Reversal of provision for store closure losses 11,578 Store closure losses － Addition to provision for store closure losses －」
For the cumulative period through the quarter, no store closure losses or additions to the provision for store closure losses were recognized, while a reversal of the provision for store closure losses of ¥11 million was recognized. Losses related to unprofitable stores decreased from the level through the immediately preceding fiscal year. - FY2022-Q1MitigatedAnnual report
「Reversal of provision for store closure losses 11,126 Store closure losses - Addition to provision for store closure losses -」
During the quarter, no store closure losses or additions to the provision for store closure losses were recognized, while a reversal of the provision for store closure losses of ¥11 million was recognized. Losses related to unprofitable stores decreased from the level through the immediately preceding quarter. - FY2021WorsenedAnnual report
「The Group recognized impairment losses of ¥394.614 million during the consolidated fiscal year, as detailed below.」
Impairment losses of ¥394 million were recognized for 61 stores, including stores that continued to be unprofitable. The number of stores subject to impairment increased from 50 in the previous fiscal year, and store closure losses of ¥78 million and an addition to the provision for store closure losses of ¥71 million were also recognized. - FY2021-Q3WorsenedAnnual report
「Total extraordinary losses were ¥496.019 million, comprising losses on disposal of fixed assets of ¥1.953 million, impairment losses of ¥366.771 million, store closure losses of ¥32.119 million and an addition to the provision for store closure losses of ¥93.027 million, among others.」
During the nine-month period, impairment losses of ¥367 million, store closure losses of ¥32 million and an addition to the provision for store closure losses of ¥93 million were recognized, with the scale of losses expanding from impairment losses of ¥11 million and store closure losses of ¥20 million in the same period of the previous year. - FY2021-Q2WorsenedAnnual report
「Impairment losses 268,751 Store closure losses 10,813 Addition to provision for store closure losses 30,048」
During the six-month period ended the second quarter, impairment losses of ¥268 million, store closure losses of ¥10 million and an addition to the provision for store closure losses of ¥30 million were recognized. The scale of losses expanded from the impairment losses of ¥11 million and other losses recognized in the same period of the previous year. In addition, impairment estimates for fixed assets were made based on a revised assumption that the effects of the infectious disease would continue through fiscal 2021. - FY2021-Q1Reduction in closure-related losses during the quarterAnnual report
「Impairment losses - Store closure losses 1,495 Addition to provision for store closure losses 2,222」
No impairment losses were recognized during the quarter, while store closure losses of ¥1.495 million and an addition to the provision for store closure losses of ¥2.222 million were recognized. Closure-related losses continued to occur, but were lower than the amount recognized in the same period of the previous year. - FY2020WorsenedAnnual report
「The Group recognized impairment losses of ¥447.049 million during the consolidated fiscal year, as detailed below.」
Impairment losses of ¥447 million were recognized for 50 stores that continued to be unprofitable, up from 29 stores and ¥267 million in the previous year. - FY2020-Q3WorsenedAnnual report
「Impairment losses 3,819 10,565 Store closure losses 13,084 19,577」
During the nine-month period ended the third quarter, impairment losses increased from approximately ¥4 million in the same period of the previous year to approximately ¥11 million, while store closure losses increased from approximately ¥13 million to approximately ¥20 million, indicating a deterioration in losses related to unprofitable stores. - FY2020-Q2WorsenedAnnual report
「Impairment losses 10,565 Store closure losses 18,114 Addition to provision for store closure losses 1,463」
During the six-month period ended the second quarter, impairment losses of approximately ¥11 million, store closure losses of approximately ¥18 million and an addition to the provision for store closure losses of approximately ¥1 million were recognized. Impairment losses and store closure losses increased from the same period of the previous year, indicating a deterioration in losses related to unprofitable stores. - FY2020-Q1MaterialisedAnnual report
「Impairment losses 248 Store closure losses 4,818 Addition to provision for store closure losses 14,759」
During the three-month period ended the first quarter, impairment losses of approximately ¥0.2 million, store closure losses of approximately ¥4.8 million and an addition to the provision for store closure losses of approximately ¥14.8 million were recognized, indicating that losses and closures related to unprofitable stores continue to occur. - FY2019WorsenedAnnual report
「The Group recognized impairment losses of ¥267.640 million during the consolidated fiscal year, as detailed below.」
Impairment losses of ¥267 million were recognized for 29 stores that continued to be unprofitable, up from 23 stores and ¥111 million in the previous year. Store closure losses of ¥21 million and an addition to the provision for store closure losses of ¥3 million were also recognized. - FY2019-Q3MaterialisedAnnual report
「Impairment losses 3,819 Store closure losses 13,084 Addition to provision for store closure losses 3,332」
During the nine-month period ended the third quarter, impairment losses of approximately ¥4 million, store closure losses of approximately ¥13 million and an addition to the provision for store closure losses of approximately ¥3 million were recognized, indicating that losses and closures related to unprofitable stores continue to occur. - FY2019-Q2MaterialisedAnnual report
「Impairment losses 3,538 Store closure losses 1,872 Addition to provision for store closure losses 9,301」
During the six-month period ended the second quarter, impairment losses of approximately ¥3 million, store closure losses of approximately ¥2 million and an addition to the provision for store closure losses of approximately ¥9 million were recognized, indicating that losses and closures related to unprofitable stores continue to occur. - FY2018MaterialisedAnnual report
「The Group recognized impairment losses of ¥111.380 million during the consolidated fiscal year, as detailed below.」
Impairment losses of ¥111 million were recognized for 23 stores that continued to be unprofitable, and store closure losses of approximately ¥7 million were also incurred. - FY2018-Q3MaterialisedAnnual report
「Store closure losses 4,375 Addition to provision for store closure losses 2,310」
During the nine-month period ended the third quarter, store closure losses of approximately ¥4 million and an addition to the provision for store closure losses of approximately ¥2 million were recognized, indicating that closure-related losses associated with unprofitable stores continue to occur. - FY2017MaterialisedAnnual report
「The Group recognized impairment losses of ¥141.457 million during the consolidated fiscal year, as detailed below.」
Impairment losses of ¥141 million were recognized for 27 unprofitable stores, along with store closure losses of ¥35 million and an addition to the provision for store closure losses of ¥33 million. - FY2017-Q3MaterialisedAnnual report
「Impairment losses 28,874 Store closure losses 20,070 Addition to provision for store closure losses 3,720」
During the nine-month period ended the third quarter, impairment losses of ¥28 million, store closure losses of ¥20 million and an addition to the provision for store closure losses of ¥3 million were recognized, indicating that losses and closures related to unprofitable stores continue to occur. - FY2017-Q2MaterialisedAnnual report
「Impairment losses 13,000 Store closure losses 10,052 Addition to provision for store closure losses 8,547」
During the six-month period ended the second quarter, impairment losses of ¥13 million, store closure losses of ¥10 million and an addition to the provision for store closure losses of ¥8 million were recognized, indicating that losses and closures related to unprofitable stores continue to occur. - FY2016MaterialisedAnnual report
「The stores subject to impairment continued to be unprofitable, and their prospects for recovering earnings were low. Accordingly, their carrying amounts were reduced to their recoverable amounts, with the reductions recognized as impairment losses.」
During the fiscal year, impairment losses of ¥229 million were recognized for 42 stores, along with store closure losses and an addition to the provision for store closure losses.