Impairment risk from declining profitability of stores and rental assets
First written in FY2017. 11 of 26 entries say "Mitigated", first in FY2020-Q3. Latest entry: FY2027-H1.
The whole theme swung hardest in 2017: 32 of 70 companies on the "Worse" side.
- FY2027-H1MitigatedAnnual report
「As in the same period of the previous year, some losses on disposal of non-current assets, impairment losses and other losses were recognized, but the overall amount decreased from the same period of the previous year. As a result, extraordinary losses decreased 76.8% year on year to ¥3 million.」
Although some impairment losses and other losses were incurred, total extraordinary losses decreased 76.8% year on year to ¥3 million, reducing the impact during the interim period. - FY2026WorsenedAnnual report
「As in the same period of the previous year, some impairment losses were recognized for existing stores and other facilities, and impairment losses increased ¥40 million from the same period of the previous year.」
Impairment losses increased from ¥131 million in the previous year to ¥172 million. Losses due to declining profitability at stores and leased assets expanded again over the full fiscal year. - FY2026-H1MitigatedAnnual report
「Impairment losses 5 0」
Interim-period impairment losses decreased from ¥5 million in the same period of the previous year to ¥0 million, reducing the impact of impairment associated with declining profitability at stores and leased assets. Meanwhile, total extraordinary losses amounted to ¥15 million due to losses on disposal of non-current assets. - FY2025MitigatedAnnual report
「Impairment losses decreased 91.2% year on year, reflecting the reversal of the increase in the same period of the previous year, when stores that had been open for a relatively short period after opening were subject to impairment of property, plant and equipment.」
Impairment losses decreased 91.2% from ¥1,495 million in the previous year to ¥131 million, reducing the current-period impact of declining profitability at stores and leased assets. - FY2025-H1MitigatedAnnual report
「During the six-month interim consolidated accounting period, as in the same period of the previous year, the Company recognized some losses on disposal of non-current assets and impairment losses, but the overall amount decreased from the same period of the previous year. As a result, extraordinary losses decreased 60.0% year on year to ¥13 million.」
Extraordinary losses, including impairment losses related to stores and other facilities, amounted to ¥13 million, down 60.0% year on year. The impact of losses associated with declining profitability during the interim period decreased. - FY2024WorsenedAnnual report
「Impairment losses increased 19.7% year on year, partly because stores that had been open for a relatively short period after opening were subject to impairment of property, plant and equipment.」
Impairment losses increased from ¥1,249 million in the previous year to ¥1,495 million, and the risk of declining profitability at stores and leased assets expanded. - FY2024-Q3WorsenedAnnual report
「Impairment losses increased ¥53 million year on year because losses were recognized in connection with store closures.」
Impairment losses related to store closures increased ¥53 million year on year, bringing impairment losses for the nine months ended Q3 to ¥84 million. The risk of declining profitability at stores and leased assets is expanding again. - FY2024-Q2MitigatedAnnual report
「Impairment losses decreased ¥13 million from the same period of the previous year, reflecting the reversal of impairment losses recognized in the same period of the previous year in connection with store closures.」
Impairment losses related to stores and other facilities decreased ¥13 million year on year, reducing the impact of declining profitability during the quarter. - FY2024-Q1MitigatedAnnual report
「Impairment losses decreased ¥20 million year on year, reflecting the reversal of impairment losses recognized in the same period of the previous year in connection with store closures.」
Impairment losses related to stores and other facilities decreased ¥20 million year on year, and extraordinary losses also decreased 34.6% year on year to ¥20 million. - FY2023WorsenedAnnual report
「During the consolidated fiscal year, the carrying amounts of property, plant and equipment relating to stores whose profitability had declined significantly, leased assets and other assets were reduced to their recoverable amounts, and the resulting reduction of ¥1,249 million was recognized as an impairment loss under extraordinary losses.」
Impairment losses rose sharply from ¥105 million in the previous year to ¥1,249 million. Higher operating expenses resulting from rising prices were reflected in the impairment assessment, and the decline in profitability of stores and leased assets materialized significantly. - FY2023-Q3MitigatedAnnual report
「Meanwhile, impairment losses decreased ¥69 million from the same period of the previous year.」
Impairment losses decreased ¥69 million year on year, reducing the impact of declining profitability at stores and other facilities during the six months ended Q2. - FY2023-Q2MitigatedAnnual report
「Meanwhile, impairment losses decreased ¥71 million from the same period of the previous year.」
Impairment losses for the six months ended Q2 decreased ¥71 million year on year, and the current-period impact of risks associated with declining profitability at stores and other facilities was lower than in the same period of the previous fiscal year. - FY2023-Q1WorsenedAnnual report
「Impairment losses increased ¥25 million from the same period of the previous year due to their recognition following a change in the estimate for asset retirement obligations. As a result, extraordinary losses increased 215.2% year on year to ¥31 million.」
Impairment losses resulting from a change in the estimate for asset retirement obligations increased ¥25 million year on year, bringing extraordinary losses to ¥31 million. - FY2022MitigatedAnnual report
「During the consolidated fiscal year, the carrying amounts of property, plant and equipment relating to stores whose profitability had declined significantly, leased assets and other assets were reduced to their recoverable amounts, and the resulting reduction of ¥105 million was recognized as an impairment loss under extraordinary losses.」
Impairment losses amounted to ¥105 million, down from ¥318 million in the previous fiscal year. Impairments continue to occur, but their impact decreased in the current period. - FY2022-Q3WorsenedAnnual report
「As impairment losses increased year on year and losses related to investment securities were recognized, the total rose 30.5% year on year to ¥147 million, while extraordinary losses as a percentage of net sales were 0.1%.」
Impairment losses increased year on year, and losses related to investment securities brought extraordinary losses to ¥147 million. Impairment risks associated with declining profitability at stores and other facilities continue to materialize. - FY2022-Q2WorsenedAnnual report
「Due to an increase in impairment losses from the same period of the previous year, the total increased 407.6% year on year to ¥121 million.」
Extraordinary losses for the six months ended Q2 increased 407.6% year on year to ¥121 million, including ¥100 million in impairment losses. Risks associated with declining profitability at stores and other facilities continue to materialize. - FY2021WorsenedAnnual report
「During the consolidated fiscal year, the carrying amounts of property, plant and equipment relating to stores whose profitability had declined significantly, leased assets and other assets were reduced to their recoverable amounts, and the resulting reduction of ¥318 million was recognized as an impairment loss under extraordinary losses.」
Impairment losses were ¥318 million, up from ¥287 million in the previous fiscal year. The risk of declining profitability at stores and rental assets continued to materialize. - FY2021-Q2MitigatedAnnual report
「As in the same period of the previous year, this was attributable to the disposal and impairment of property, plant and equipment, and the total declined 59.3% year on year to ¥24 million.」
Extraordinary losses from the disposal and impairment of property, plant and equipment were ¥24 million, down 59.3% year on year. The impairment risk continued to materialize, but its impact in the quarter was reduced. - FY2020-Q3MitigatedAnnual report
「As a result of the decrease in impairment losses, the total declined 60.5% year on year to ¥112 million.」
Impairment losses declined from ¥219 million in the same period a year earlier to ¥46 million, while total extraordinary losses also declined 60.5% to ¥112 million. The impairment risk associated with declining profitability at stores and other locations continued to materialize, but its impact in the quarter was reduced. - FY2020-Q2WorsenedAnnual report
「Impairment losses included in extraordinary losses were ¥39 million, compared with ¥35 million in the same period a year earlier.」
Impairment losses associated with declining profitability at stores and other locations increased from ¥35 million in the same period a year earlier to ¥39 million, with the impairment risk continuing to materialize. - FY2019WorsenedAnnual report
「For assets relating to stores whose profitability had declined significantly, leased assets and other assets, the carrying amounts of property, plant and equipment were reduced to their recoverable amounts, and the resulting reduction of ¥236 million was recognized as an impairment loss under extraordinary losses.」
Impairment losses on stores, rental assets and other assets were ¥236 million, up from ¥44 million in the same period a year earlier. - FY2019-Q3MaterialisedAnnual report
「In addition to an increase in losses on disposal of property, plant and equipment due to major store renovations and relocations, impairment losses increased. As a result, total extraordinary losses increased 147.8% year on year to ¥285 million.」
In addition to losses on disposal of property, plant and equipment associated with store renovations and relocations, impairment losses increased, bringing extraordinary losses for the nine-month period to ¥285 million. The impairment loss reported in the quarterly consolidated income statement was ¥219 million. - FY2019-Q2MaterialisedAnnual report
「Impairment loss 1 35」
An impairment loss of ¥35 million was recorded during the six months ended the second quarter, and impairment losses due to declining profitability at stores and other locations continued to arise. - FY2017MaterialisedAnnual report
「During the consolidated fiscal year, the carrying amounts of property, plant and equipment related to stores whose profitability had declined significantly, as well as rental assets and other assets, were reduced to their recoverable amounts. The resulting reduction of ¥641 million was recorded as an impairment loss under extraordinary losses.」
An impairment loss of ¥641 million on stores, rental assets and other assets arose during the period due to declining profitability.