Impairment of Operating Branches and the Impact of Falling Land Prices and Declining Profitability
First written in FY2018-Q2. 15 of 31 entries say "Worsened", first in FY2018-Q3. Latest entry: FY2026.
0 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Impairment losses on operating stores and other assets totaled ¥14 million for the current consolidated fiscal year.」
Impairment losses on operating stores and other assets declined from ¥49 million in the previous fiscal year to ¥14 million, and the affected assets were narrowed to 3 operating stores in Iwate Prefecture and 1 parcel of idle land in Akita Prefecture. - FY2026-H1MitigatedAnnual report
「Impairment losses on operating stores and other assets totaled ¥33 million for the current interim consolidated accounting period.」
Impairment losses on operating stores and other assets declined from ¥67 million in the same period of the previous year to ¥33 million. The affected assets were narrowed to 2 operating stores in Iwate Prefecture. - FY2025-H1MitigatedAnnual report
「Impairment losses on operating stores and other assets totaled ¥33 million for the current interim consolidated accounting period.」
Impairment losses on operating stores and other assets declined from ¥67 million in the same period of the previous year to ¥33 million. The affected assets were 3 operating stores and 6 employee housing facilities in Iwate Prefecture. - FY2024WorsenedAnnual report
「Impairment losses on operating stores and other assets totaled ¥186 million for the current consolidated fiscal year.」
Impairment losses on operating stores and other assets increased from ¥17 million in the previous fiscal year to ¥186 million, and the affected assets expanded to include 17 stores in Iwate Prefecture and others. - FY2024-Q3WorsenedAnnual report
「Impairment losses recorded for the cumulative third quarter of the current consolidated fiscal year totaled ¥67 million.」
Impairment losses due to lower operating profit and falling land prices and other factors increased from ¥6 million in the same period of the previous year to ¥67 million. The affected assets included 11 operating stores in Iwate Prefecture, as well as idle land and buildings and idle buildings in Miyagi Prefecture. - FY2024-Q2WorsenedAnnual report
「Total: ¥67 million」
Impairment losses on operating stores and other assets increased from ¥6 million in the same period of the previous year to ¥67 million. The affected assets included 11 operating stores in Iwate Prefecture, as well as idle land and idle buildings in Iwate Prefecture and idle buildings in Miyagi Prefecture. - FY2024-Q1MitigatedAnnual report
「(Material impairment losses on fixed assets) None.」
The filing states that, while impairment losses were recorded in the same period of the previous year, there was no material impairment loss on fixed assets in the current quarter. - FY2023MitigatedAnnual report
「Impairment losses on operating stores and other assets totaled ¥17 million for the current consolidated fiscal year.」
Impairment losses on operating stores and other assets declined sharply from ¥645 million in the previous fiscal year to ¥17 million, and the affected assets were narrowed to 9 operating stores and 1 employee housing facility in Iwate Prefecture and 1 idle asset in Akita Prefecture. - FY2023-Q3MitigatedAnnual report
「Cumulative third quarter of the current consolidated fiscal year (from 1 April 2022 to 31 December 2022): operating assets, Iwate Prefecture, 5 operating stores, land, buildings and movable property, ¥6 million; total: ¥6 million」
Impairment losses on operating stores and other assets declined from ¥638 million in the same period of the previous year to ¥6 million, and the affected assets were narrowed to 5 operating stores in Iwate Prefecture. - FY2023-Q2MitigatedAnnual report
「Impairment losses on operating stores and other assets totaled ¥6 million for the current interim consolidated accounting period.」
Impairment losses on operating stores and other assets declined from ¥449 million in the same period of the previous year to ¥6 million, and the affected assets were narrowed to 5 operating stores in Iwate Prefecture. - FY2023-Q1MitigatedAnnual report
「(Material impairment losses on fixed assets) None.」
While impairment losses of ¥34 million in the banking business and ¥5 million in the credit card and credit guarantee businesses were recorded in the same period of the previous year, the filing states that there was no material impairment loss on fixed assets in the current quarter. - FY2022WorsenedAnnual report
「Impairment losses on operating stores and other assets totaled ¥645 million for the current consolidated fiscal year.」
Impairment losses increased from ¥537 million in the previous fiscal year to ¥645 million, with ¥154 million in the leasing business and ¥5 million in the credit card and credit guarantee businesses also becoming subject to recognition, in addition to the banking business. - FY2022-Q3WorsenedAnnual report
「Impairment losses recorded for the cumulative third quarter of the current consolidated fiscal year totaled ¥478 million in the banking business, ¥153 million in the leasing business and ¥5 million in the credit card and credit guarantee businesses.」
Cumulative impairment losses totaled ¥638 million, up from ¥149 million in the same period of the previous year. In addition to operating stores and other assets, impairment losses were recorded in the leasing business and the credit card and credit guarantee businesses. - FY2022-Q2WorsenedAnnual report
「Impairment losses on operating stores and other assets totaled ¥449 million for the current interim consolidated accounting period.」
Impairment losses on operating stores and other assets increased from ¥144 million in the same period of the previous year to ¥449 million. The affected assets expanded to include 16 operating stores in Iwate Prefecture and others. - FY2022-Q1WorsenedAnnual report
「Impairment losses recorded for the cumulative first quarter of the current consolidated fiscal year totaled ¥34 million in the banking business and ¥5 million in the credit card and credit guarantee businesses.」
While no material impairment loss on fixed assets was recorded in the same period of the previous year, an impairment loss was recorded in the current quarter. Impairment losses on the quarterly consolidated income statement totaled ¥40 million. - FY2021WorsenedAnnual report
「Impairment losses on operating stores and other assets totaled ¥537 million for the current consolidated fiscal year.」
Impairment losses increased from ¥77 million in the previous fiscal year to ¥537 million, and the affected assets expanded beyond operating stores to include a training center, rental assets, employee housing and idle assets. - FY2021-Q3WorsenedAnnual report
「Impairment losses recorded for the cumulative third quarter of the current consolidated fiscal year totaled ¥149 million.」
Impairment losses due to lower operating profit and falling land prices and other factors increased from ¥55 million in the same period of the previous year to ¥149 million. The affected assets included operating stores, rental assets, employee housing, and idle land and buildings. - FY2021-Q2WorsenedAnnual report
「Impairment losses on operating stores and other assets totaled ¥144 million for the current interim consolidated accounting period.」
Impairment losses due to lower operating profit and falling land prices and other factors increased from ¥55 million in the same period of the previous year to ¥144 million. The affected assets included rental assets, employee housing and idle buildings in addition to operating stores. - FY2021-Q1MitigatedAnnual report
「(Material impairment losses on fixed assets) None.」
The filing states that no impairment loss on fixed assets was applicable in the current quarter, compared with ¥23 million recorded in the same period of the previous year. - FY2020WorsenedAnnual report
「Impairment losses on operating stores and other assets totaled ¥77 million for the current consolidated fiscal year.」
Impairment losses increased from ¥75 million in the previous fiscal year to ¥77 million, and the affected assets expanded to 23 stores in Iwate Prefecture, 2 stores in Miyagi Prefecture, 1 store in Aomori Prefecture and others. - FY2020-Q3MitigatedAnnual report
「Impairment losses recorded for the cumulative third quarter of the current consolidated fiscal year totaled ¥55 million.」
Impairment losses due to lower operating profit and falling land prices and other factors declined from ¥64 million in the same period of the previous year to ¥55 million. The affected assets were 15 stores in Iwate Prefecture, 2 stores in Miyagi Prefecture and 1 store in Aomori Prefecture. - FY2020-Q2WorsenedAnnual report
「Operating assets: Iwate Prefecture, 15 operating stores, buildings and movable property, ¥40 million; operating assets: Miyagi Prefecture, 2 operating stores, buildings and movable property, ¥8 million; operating assets: Aomori Prefecture, 1 operating store, buildings and movable property, ¥7 million; total: ¥55 million」
Impairment losses due to lower operating profit and falling land prices and other factors increased from ¥21 million in the same period of the previous year to ¥55 million. The affected stores comprised 15 in Iwate Prefecture, 2 in Miyagi Prefecture and 1 in Aomori Prefecture. - FY2020-Q1WorsenedAnnual report
「Impairment losses recorded for the cumulative first quarter of the current consolidated fiscal year totaled ¥23 million.」
Impairment losses due to lower operating profit and falling land prices and other factors totaled ¥23 million, up from ¥13 million in the same period of the previous year. - FY2019-Q3MitigatedAnnual report
「Impairment losses recorded for the cumulative third quarter of the current consolidated fiscal year totaled ¥64 million.」
Impairment losses due to lower operating profit and falling land prices and other factors totaled ¥64 million, down from ¥164 million in the same period of the previous year. The affected assets included 8 operating stores in Iwate Prefecture, 1 operating store in Akita Prefecture and others. - FY2019-Q2MitigatedAnnual report
「Total: ¥21 million」
Impairment losses due to lower operating profit and falling land prices and other factors totaled ¥21 million for the current interim consolidated accounting period, down from ¥67 million in the same period of the previous year. The affected assets included 5 operating stores in Iwate Prefecture, 1 operating store in Akita Prefecture and others. - FY2019-Q1MitigatedAnnual report
「In the banking segment, the carrying amounts of assets with lower cash flow due to declining operating profit, as well as assets whose land prices had fallen significantly, were reduced to their recoverable amounts, and the reductions were recorded as impairment losses under extraordinary losses. Impairment losses recorded for the cumulative first quarter of the current consolidated fiscal year totaled ¥13 million.」
Although impairment losses arose due to lower operating profit and falling land prices, they declined from ¥48 million in the same period of the previous year to ¥13 million. - FY2018WorsenedAnnual report
「Due to lower cash flow resulting from the decline in operating profit and falling land prices, among other factors, the carrying amounts of the following assets were reduced to their recoverable amounts, and the reductions were recorded as impairment losses under extraordinary losses.」
Impairment losses on operating stores and other assets came to ¥180 million, up from ¥64 million in the previous fiscal year. The affected locations extended across Iwate, Miyagi, Aomori and Tokyo prefectures. - FY2018-Q3WorsenedAnnual report
「Due to lower cash flow resulting from the decline in operating profit and falling land prices, among other factors, the carrying amounts of the following assets were reduced to their recoverable amounts, and the reductions were recorded as impairment losses under extraordinary losses.」
Impairment losses on operating stores totaled ¥164 million, with the affected locations expanding to 2 in Iwate Prefecture, 1 in Miyagi Prefecture, 2 in Aomori Prefecture and 1 in Tokyo. The amount also increased from the ¥67 million reported previously. - FY2018-Q2First statedAnnual report
「Due to lower cash flow resulting from the decline in operating profit and falling land prices, among other factors, the carrying amounts of the following assets were reduced to their recoverable amounts, and the reductions were recorded as impairment losses under extraordinary losses.」
Impairment losses totaling ¥67 million were recorded for operating stores at 2 locations in Iwate Prefecture, 1 location in Miyagi Prefecture and 1 location in Aomori Prefecture.