Impairment Risk at Low-Profitability Stores and Other Locations
First written in FY2018. 6 of 31 entries say "Materialised", first in FY2018. Latest entry: 2026-09-29.
Okuwa moved to the "Worse" side of this theme in 2018, 1 year after the typical company in this theme (2017).
The whole theme swung hardest in 2025: 32 of 75 companies on the "Worse" side.
28 other companies' latest entry also says "Mitigated".
- 2026-09-29MitigatedEarnings
「減損損失 153 ―」
前年同期に計上した減損損失153百万円に対し、当中間期は計上していない。ただし、リスクの消滅とは扱わない。 - FY2027-H1MitigatedAnnual report
「Impairment loss 153 —」
No impairment loss was recorded in the interim period, down from ¥153 million in the same period of the previous year. No impairment risk relating to low-profitability stores and other assets materialized during the interim period. - FY2026MitigatedAnnual report
「For stores, the carrying amounts of asset groups that had continuously generated negative operating results and asset groups approved for closure were reduced to their recoverable amounts. For assets scheduled for sale, the carrying amounts were reduced to their expected selling prices, and the resulting reduction of ¥1,087 million was recognized as an impairment loss under extraordinary losses.」
Impairment losses related to underperforming stores and other assets decreased from ¥3,918 million in the previous year to ¥1,087 million, but impairment risk continued to materialize. - FY2026-H1MaterialisedAnnual report
「Impairment loss ― 153」
While no impairment loss was recognized in the same period of the previous year, an impairment loss of ¥153 million was recognized in the current interim period, indicating that the risk related to underperforming stores and other assets had again materialized. - FY2025WorsenedAnnual report
「For stores, the carrying amounts of asset groups that had continuously generated negative operating results and asset groups approved for closure were reduced to their recoverable amounts. For assets scheduled for sale, the carrying amounts were reduced to their expected selling prices, and the resulting reduction of ¥3,918 million was recognized as an impairment loss under extraordinary losses.」
Impairment losses related to underperforming stores and other assets increased from ¥898 million to ¥3,918 million, contributing to the net loss attributable to owners of the parent. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new major risks or significant changes to the business risks described in the annual securities report that management recognized as potentially having a material effect on the financial position, operating results, or cash flows of the consolidated companies, among the matters concerning business conditions and financial matters described in this Semiannual Report.」
It states that there were no material changes in existing risks, including impairment risk. - FY2024MitigatedAnnual report
「For stores, the carrying amounts of asset groups that had continuously generated negative operating results and asset groups approved for closure were reduced to their recoverable amounts. For assets scheduled for sale, the carrying amounts were reduced to their expected selling prices, and the resulting reduction of ¥898 million was recognized as an impairment loss under extraordinary losses.」
Impair losses totaled ¥898 million for the full year, down from ¥1,820 million in the previous year. However, impairment losses related to underperforming stores and other assets continued to be recognized. - FY2024-Q3Updated to the impairment loss for the cumulative third quarterAnnual report
「Impairment loss 14 9」
Impairment losses related to underperforming stores and other assets totaled ¥9 million for the first nine months, updated from ¥14 million in the same period of the previous year. - FY2024-Q2Updated to no impairment loss for the first six monthsAnnual report
「Impairment loss ―」
No impairment loss was recognized for the first six months, updated from ¥14 million in the same period of the previous year. - FY2023WorsenedAnnual report
「For stores, the carrying amounts of asset groups that had continuously generated negative operating results and asset groups approved for closure were reduced to their recoverable amounts. For assets scheduled for sale, the carrying amounts were reduced to their expected selling prices, and the resulting reduction of ¥1,820 million was recognized as an impairment loss under extraordinary losses.」
Impairment losses related to underperforming stores and other assets totaled ¥1,820 million for the full year, up from ¥1,682 million in the previous year. - FY2023-Q3Updated to the impairment loss for the cumulative third quarterAnnual report
「Impairment loss 178 14」
Impairment losses related to underperforming stores and other assets totaled ¥14 million for the first nine months, updated from ¥178 million in the same period of the previous year. - FY2023-Q2Updated to the cumulative second-quarter impairment lossAnnual report
「Impairment loss 34 14」
Impair losses for the first six months totaled ¥14 million, updated from ¥34 million in the same period of the previous year. - FY2023-Q1Updated to the first-quarter impairment lossAnnual report
「Impairment loss 11 －」
No impairment loss was recognized for the first quarter of the consolidated cumulative period, updated from ¥11 million in the same period of the previous year. - FY2022Updated to the full-year impairment lossAnnual report
「The reduction of ¥1,682 million was recognized as an impairment loss under extraordinary losses.」
Impairment losses related to underperforming stores and other assets totaled ¥1,682 million for the full year, down from ¥1,772 million in the previous year. - FY2022-Q3Updated to the impairment loss for the cumulative third quarterAnnual report
「Impairment loss 602 178」
Impairment losses related to underperforming stores and other assets totaled ¥178 million for the first nine months, updated from ¥602 million in the same period of the previous year. - FY2022-Q2Updated to the cumulative second-quarter impairment lossAnnual report
「Impairment loss 435 34」
The impairment loss for the cumulative second quarter was ¥34 million, updated from ¥435 million in the same period of the previous year. - FY2022-Q1Updated to the first-quarter impairment lossAnnual report
「Impairment loss 299 11」
The impairment loss for the cumulative first quarter was ¥11 million, updated from ¥299 million in the same period of the previous year. - FY2021Updated to the full-year impairment lossAnnual report
「For stores, the carrying amounts of asset groups with continued negative profit or loss from operating activities and asset groups designated for closure were reduced to their recoverable amounts. For assets scheduled for sale, carrying amounts were reduced to their estimated sale values, and the resulting reduction of ¥1,772 million was recognised as an impairment loss under extraordinary losses.」
The impairment loss related to underperforming stores and other assets was ¥1,772 million for the full year, up from ¥1,278 million in the previous year. - FY2021-Q3Updated to the impairment loss for the cumulative third quarterAnnual report
「Impairment loss 320 602」
The impairment loss for underperforming stores and other assets was ¥602 million for the cumulative third quarter, updated from ¥320 million in the same period of the previous year. - FY2021-Q2MaterialisedAnnual report
「Impairment loss 319 435」
States that the impairment loss for underperforming stores and other assets was ¥435 million for the cumulative second quarter. - FY2021-Q1Updated to the first-quarter impairment lossAnnual report
「Impairment loss - 299」
The company recorded an impairment loss of ¥299 million in the cumulative first quarter. - FY2020Updated to the full-year impairment lossAnnual report
「For stores, the carrying amounts of asset groups with continued negative profit or loss from operating activities and asset groups designated for closure were reduced to their recoverable amounts. For assets scheduled for sale, carrying amounts were reduced to their estimated sale values, and the resulting reduction of ¥1,278 million was recognised as an impairment loss under extraordinary losses.」
The full-year impairment loss was ¥1,278 million. Although this was down from ¥2,659 million in the previous fiscal year, impairment related to underperforming stores and other assets continued to be recognised. - FY2020-Q3Updated to the impairment loss for the cumulative third quarterAnnual report
「Impairment loss 75 320」
The impairment loss for the cumulative third quarter was ¥320 million, updated from ¥75 million in the same period of the previous year. - FY2020-Q2MaterialisedAnnual report
「Impairment loss 319」
The company recorded an impairment loss of ¥319 million in the cumulative second quarter, in connection with the impairment risk for underperforming stores and other assets. - FY2020-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to the impairment risk for underperforming stores and other assets. - FY2019WorsenedAnnual report
「For store and rental assets, the carrying amounts of asset groups with continued negative profit or loss from operating activities and asset groups designated for closure were reduced to their recoverable amounts. For assets scheduled for sale, carrying amounts were reduced to their estimated sale values, and the resulting reduction of ¥2,659 million was recognised as an impairment loss under extraordinary losses.」
Impairment continued for underperforming stores and other assets, with the impairment loss increasing from ¥1,980 million in the previous fiscal year to ¥2,659 million. - FY2019-Q2MaterialisedAnnual report
「Impairment loss - 75」
The company recorded an impairment loss of ¥75 million in the cumulative second quarter, indicating that the impairment risk for underperforming stores and other assets also materialised in the current period. - FY2019-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to the impairment risk for underperforming stores and other assets. - FY2018MaterialisedAnnual report
「Our group applies impairment accounting for fixed assets. However, if impairment becomes necessary for underperforming stores or other assets, or if the fair value of fixed assets declines significantly, this may affect the performance and financial condition of our group.」
For the first time, explicitly describes the impairment risk for underperforming stores and other assets, and reports an impairment loss of ¥1,980 million for the current period.