Impairment Losses Due to Declining Store Profitability
First written in FY2016. 15 of 28 entries say "Materialised", first in FY2017-Q3. Latest entry: FY2026.
Hasegawa moved to the "Worse" side of this theme in 2024, 7 years after the typical company in this theme (2017).
The whole theme swung hardest in 2017: 12 of 15 companies on the "Worse" side.
5 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Total: 87」
The company recognized total impairment losses of ¥87 million on stores and other assets, up from ¥27 million in the previous consolidated fiscal year. - FY2024MaterialisedAnnual report
「During the fiscal year (1 April 2023 to 31 March 2024), the company recognized impairment losses on the following assets: Aeon Mall Ogaki store, leasehold improvements and other assets, Ogaki, Gifu, 13 Aeon Town Yokkaichi Tomari store, leasehold improvements and other assets, Yokkaichi, Mie, 11 Aeon Town Meisei store, leasehold improvements and other assets, Nishi Ward, Nagoya, 18 total, 44」
The company recognized total impairment losses of ¥44 million on 3 stores whose profitability had declined. - FY2024-Q1MitigatedAnnual report
「None.」
The segment information for the cumulative first quarter showed that no impairment losses on property, plant and equipment had been recognized. - FY2023RestatedAnnual report
「During the fiscal year, the company reduced the carrying amounts of idle real estate scheduled for sale and common assets whose scope or method of use had been changed to their recoverable amounts, and recognized the resulting reductions as impairment losses under extraordinary losses.」
The company recognized total impairment losses of ¥48.592 million on idle real estate and common assets, indicating that impairment risk continued to materialize. - FY2023-Q3MaterialisedAnnual report
「Impairment losses ¥48.592 million」
The company recognized impairment losses of ¥48.592 million during the cumulative third quarter due to changes in the scope or method of use of common assets and other factors. - FY2023-Q1MaterialisedAnnual report
「Impairment losses ¥5.719 million」
The company recognized impairment losses of ¥5.719 million on idle assets during the first quarter, with impairment due to lower profitability at stores and other assets continuing to occur. - FY2022MaterialisedAnnual report
「Nitto Mall Kumagaya store and 5 other stores, leasehold improvements and other assets, Kumagaya, Saitama, and other locations, 31,543; idle real estate, land, Abiko, Chiba, 39,980; total, 71,523.」
The company recognized total impairment losses of ¥71.523 million on 6 stores and idle real estate. - FY2022-Q3RestatedAnnual report
「Impairment losses ¥20.574 million」
Impairment losses on property, plant and equipment totaled ¥20.574 million during the cumulative third quarter, unchanged from the cumulative second quarter. - FY2022-Q2MaterialisedAnnual report
「Impairment losses ¥20.574 million」
The company recognized impairment losses of ¥20.574 million on property, plant and equipment during the cumulative second quarter, with impairment due to lower profitability at stores and other assets occurring for the second consecutive period. - FY2022-Q1MitigatedAnnual report
「None.」
The segment information for the first quarter stated that there were no applicable impairment losses on property, plant and equipment. - FY2021MaterialisedAnnual report
「Impairment losses: ¥93.141 million」
The company recognized impairment losses of ¥93.141 million on stores and other assets during the fiscal year, up from ¥38.191 million in the cumulative third quarter. The losses related to 3 stores, including the Aeon Town Chikusa store, and the Tanomi Jiyugaoka store. - FY2021-Q3RestatedAnnual report
「Impairment losses ¥38.191 million」
Impairment losses on property, plant and equipment totaled ¥38.191 million during the cumulative third quarter, unchanged from the cumulative second quarter. - FY2021-Q2MaterialisedAnnual report
「Impairment losses ¥38.191 million」
The company recognized impairment losses of ¥38.191 million on property, plant and equipment during the cumulative second quarter, after none had been recognized through the previous quarter. - FY2021-Q1MitigatedAnnual report
「None.」
The segment information for the first quarter stated that there were no applicable impairment losses on property, plant and equipment. - FY2020-Q3MaterialisedAnnual report
「Impairment losses ¥25.203 million」
The company recognized impairment losses of ¥25.203 million on property, plant and equipment during the cumulative third quarter, indicating that impairment had occurred again after none was recognized in the cumulative second quarter of the previous fiscal year. - FY2020-Q2RestatedAnnual report
「None.」
The segment information for the cumulative second quarter continued to state that there were no impairment losses on property, plant and equipment. - FY2020-Q1MitigatedAnnual report
「None.」
The segment information for the first quarter stated that there were no applicable impairment losses or other losses on property, plant and equipment. - FY2019MaterialisedAnnual report
「Impairment losses: ¥87.698 million」
The company recognized impairment losses of ¥87.698 million due to lower profitability at stores, up from ¥60.176 million in the previous fiscal year. The losses related to 7 stores, including the Shin-Shimonoseki, Yukuhashi and Prime Tree Akaike stores. - FY2019-Q3RestatedAnnual report
「None.」
No impairment losses on property, plant and equipment were recognized during the cumulative third quarter, continuing the trend from the previous period. - FY2019-Q2MitigatedAnnual report
「None.」
No impairment losses on property, plant and equipment were recognized during the cumulative second quarter, compared with ¥3.632 million in the same period of the previous year. - FY2018MitigatedAnnual report
「Tressa Yokohama store, leasehold improvements and other assets, Yokohama, Kanagawa, 18,616; Mallage Shobu store, leasehold improvements and other assets, Kuki, Saitama, 18,294; Ohashi store, leasehold improvements and other assets, Fukuoka, Fukuoka, 9,299; Kashii store, leasehold improvements and other assets, Fukuoka, Fukuoka, 6,180; Kofu store, leasehold improvements and other assets, Kofu, Yamanashi, 4,152; leased buildings and other assets, Munakata, Fukuoka, 3,632; total, 60,176.」
Impairment losses on stores and leased assets totaled ¥60.176 million, down from ¥270.774 million in the previous fiscal year, but impairment due to lower profitability continued to occur. - FY2018-Q3RestatedAnnual report
「The impairment loss of ¥3.632 million included in adjustments related to leased assets and was not allocated to reporting segments.」
The company recognized impairment losses of ¥3.632 million on leased assets, unchanged from the cumulative second quarter. - FY2018-Q2MaterialisedAnnual report
「The impairment loss of ¥3.632 million included in adjustments related to leased assets and was not allocated to reporting segments.」
The company recognized impairment losses of ¥3.632 million on leased assets, indicating that impairment resulting from lower profitability had materialized again. - FY2017MaterialisedAnnual report
「Kurume store, land, leasehold improvements and other assets, Kurume, Fukuoka, 57,680; Kokura store, buildings and other assets, Kitakyushu, Fukuoka, 34,695; Nogata store, buildings and other assets, Nogata, Fukuoka, 24,110; Ginza flagship store, leasehold improvements and other assets, Chuo, Tokyo, 11,873; leased land, Kitakyushu, Fukuoka, 135,025; leased buildings and other assets, Munakata, Fukuoka, 7,388; total, 270,774.」
The company recognized total impairment losses of ¥270.774 million on stores and leased assets, indicating that lower profitability had materialized for a second consecutive fiscal year. - FY2017-Q3MaterialisedAnnual report
「Impairment losses」
The company recognized impairment losses of ¥146.898 million during the cumulative third quarter, indicating that impairment risk associated with lower profitability at stores and other assets had materialized again. - FY2016First statedAnnual report
「During the fiscal year (1 April 2015 to 31 March 2016), the company recognized impairment losses on the following assets: Nogata store, land, Nogata, Fukuoka, 148,000; Hita store, leasehold improvements, Hita, Oita, 3,480; total, 151,480.」
The company recognized impairment losses of ¥151 million for the fiscal year due to lower profitability of store assets.