Recognition of impairment losses
The group
Certain fixed assets related to stores and other facilities
Following consideration of profitability and the future outlook, the Company recognized an impairment loss in accordance with the Accounting Standard for Impairment of Fixed Assets
¥11,255 million (impairment loss)
Fiscal year ending March 2026
The full-year earnings forecast announced on 8 May 2025 incorporated an impairment loss of ¥12,000 million, and the impact of this matter is reflected in the financial results summary for the fiscal year ending March 2026 announced today
| Item | Details |
|---|---|
| Event name | Recognition of impairment losses |
| Subject Entity | The group |
| Target Locations / Products | Certain fixed assets related to stores and other facilities |
| Cause | Following consideration of profitability and the future outlook, the Company recognized an impairment loss in accordance with the Accounting Standard for Impairment of Fixed Assets |
| Amount of Impact on Business Performance | ¥11,255 million (impairment loss) |
| Accounting period in which recognized | Fiscal year ending March 2026 |
| Impact on Earnings Forecast | The full-year earnings forecast announced on 8 May 2025 incorporated an impairment loss of ¥12,000 million, and the impact of this matter is reflected in the financial results summary for the fiscal year ending March 2026 announced today |
Items this document does not state (18)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Following consideration of the profitability and future outlook for certain fixed assets, including stores, the Company recognized an impairment loss in accordance with the Accounting Standard for Impairment of Fixed Assets.