Impairment of Fixed Assets and Demolition Costs Associated with Store Relocations and Rebuilds
First written in FY2017-Q3. . Latest entry: FY2025-H1.
0 other companies' latest entry also says "Other".
- FY2025-H1Decrease in impairment losses for the interim periodAnnual report
「The carrying amounts of business-use assets whose cash flows declined due to lower operating profit and whose land values fell, as well as assets scheduled for disposal following decisions to relocate or rebuild, were reduced to their recoverable amounts. The resulting reduction of ¥123 million was recognized as an impairment loss under extraordinary losses.」
Interim-period impairment losses decreased from ¥382 million in the same period of the previous year to ¥123 million. The assets concerned were 4 operating locations in Tokushima Prefecture and 3 idle assets. - FY2024Decrease in Full-Year Impairment LossesAnnual report
「The carrying amounts of business-use assets whose cash flows declined due to lower operating profit and whose land values fell, as well as assets scheduled for disposal following decisions to relocate or rebuild, were reduced to their recoverable amounts. The resulting reduction of ¥553 million was recognized as an impairment loss under extraordinary losses.」
Impairment losses on stores and other assets decreased from ¥701 million in the previous fiscal year to ¥553 million. Meanwhile, the assets concerned expanded to include 14 operating locations in Tokushima Prefecture and 3 idle assets. - FY2024-Q3Increase in third-quarter impairment lossesAnnual report
「The carrying amounts of business-use assets whose cash flows declined due to lower operating profit and whose land values fell, as well as assets scheduled for disposal following decisions to relocate or rebuild, were reduced to their recoverable amounts. The resulting reduction of ¥382 million was recognized as an impairment loss under extraordinary losses.」
Impairment losses for the cumulative third-quarter period amounted to ¥382 million, up from ¥261 million in the same period of the previous year. Impairment losses continue to be recognized on operating locations and assets scheduled for relocation or rebuilding, among others. - FY2024-Q2Increase in interim-period impairment lossesAnnual report
「The carrying amounts of business-use assets whose cash flows declined due to lower operating profit and whose land values fell, as well as assets scheduled for disposal following decisions to relocate or rebuild, were reduced to their recoverable amounts. The resulting reduction of ¥382 million was recognized as an impairment loss under extraordinary losses.」
Impairment losses for the interim period amounted to ¥382 million, up from ¥260 million in the same period of the previous year. The assets concerned included 11 operating locations in Tokushima Prefecture and 3 idle assets. - FY2024-Q1Impairment loss recognized in the first quarterAnnual report
「In the banking business, the carrying amounts of business-use assets whose cash flows declined due to lower operating profit and whose land values fell, as well as assets scheduled for disposal following decisions to relocate or rebuild, were reduced to their recoverable amounts. The resulting reduction of ¥138 million was recognized as an impairment loss under extraordinary losses.」
Compared with no impairment loss in the same period of the previous year, an impairment loss of ¥138 million was recognized in the first quarter for assets scheduled for relocation or rebuilding and other assets. - FY2023-Q3Increase in third-quarter impairment lossesAnnual report
「In the banking business, the carrying amounts of business-use assets whose cash flows declined due to lower operating profit and whose land values fell, as well as assets scheduled for disposal following decisions to relocate or rebuild, were reduced to their recoverable amounts. The resulting reduction of ¥261 million was recognized as an impairment loss under extraordinary losses.」
Impairment losses for the cumulative third-quarter period amounted to ¥261 million, up from ¥63 million in the same period of the previous year. - FY2023-Q2Increase in interim-period impairment lossesAnnual report
「The carrying amounts of business-use assets whose cash flows declined due to lower operating profit and whose land values fell, as well as assets scheduled for disposal following decisions to relocate or rebuild, were reduced to their recoverable amounts. The resulting reduction of ¥260 million was recognized as an impairment loss under extraordinary losses.」
Impairment losses for the interim period amounted to ¥260 million, up from ¥5 million in the same period of the previous year. The assets concerned included operating locations inside and outside Tokushima Prefecture and idle assets. - FY2023-Q1No material impairment losses in the first quarterAnnual report
「(Material impairment losses on property, plant and equipment) Not applicable.」
It was disclosed that there were no material impairment losses on fixed assets for the cumulative first-quarter period. - FY2022Decrease in Full-Year Impairment LossesAnnual report
「The resulting reduction of ¥140 million was recognized as an impairment loss under extraordinary losses.」
Impairment losses on assets scheduled for store relocations or rebuilds and other assets decreased from ¥374 million in the previous fiscal year to ¥140 million. - FY2022-Q3Update to the amount of impairment losses recognized in the third quarterAnnual report
「The carrying amounts of business-use assets whose cash flows declined due to lower operating profit and whose land values fell, as well as assets scheduled for disposal following decisions to relocate or rebuild, were reduced to their recoverable amounts. The resulting reduction of ¥63 million was recognized as an impairment loss under extraordinary losses.」
Impairment losses for the cumulative third-quarter period amounted to ¥63 million, down from ¥373 million in the same period of the previous year, but up from ¥5 million for the interim period. - FY2022-Q2Decrease in impairment losses for the interim periodAnnual report
「Impairment losses 309 5」
Impairment losses decreased from ¥309 million in the same period of the previous year to ¥5 million for the interim period. - FY2022-Q1No impairment loss in the first quarterAnnual report
「Impairment losses 109 0」
Impairment losses decreased from ¥109 million in the same period of the previous year to ¥0 million in the first quarter. - FY2021-Q3Increase in impairment losses recognized for the third quarterAnnual report
「The carrying amounts of business-use assets whose cash flows declined due to lower operating profit and whose land values fell, as well as assets scheduled for disposal following decisions to relocate or rebuild, were reduced to their recoverable amounts. The resulting reduction of ¥373 million was recognized as an impairment loss under extraordinary losses.」
Impairment losses for the cumulative third-quarter period amounted to ¥373 million, up from ¥278 million in the same period of the previous year. - FY2021-Q2Increase in impairment losses recognized for the interim periodAnnual report
「The carrying amounts of business-use assets whose cash flows declined due to lower operating profit and whose land values fell, as well as assets scheduled for disposal following decisions to relocate or rebuild, were reduced to their recoverable amounts. The resulting reduction of ¥309 million was recognized as an impairment loss under extraordinary losses.」
Impairment losses for the interim period amounted to ¥309 million, up from ¥23 million in the same period of the previous year. The assets concerned were land and buildings at 11 operating locations in Tokushima Prefecture. - FY2021-Q1Impair loss recognized in the first quarterAnnual report
「The carrying amounts of business-use assets whose cash flows declined due to lower operating profit and whose land values fell, as well as assets scheduled for disposal following decisions to relocate or rebuild, were reduced to their recoverable amounts. The resulting reduction of ¥109 million was recognized as an impairment loss under extraordinary losses.」
Compared with ¥0 million in the same quarter of the previous year, ¥109 million was recognized in the current quarter for assets scheduled for store relocations or rebuilds and other assets. - FY2020Decrease in Full-Year Impairment LossesAnnual report
「The carrying amounts of business-use assets whose cash flows declined due to lower operating profit and whose land values fell, as well as assets scheduled for disposal following decisions to relocate or rebuild, were reduced to their recoverable amounts. The resulting reduction of ¥50 million was recognized as an impairment loss under extraordinary losses.」
Impairment losses decreased from ¥297 million in the previous fiscal year to ¥50 million. - FY2020-Q3Update to the amount of impairment losses recognized in the third quarterAnnual report
「Impairment losses 278 32」
Impairment losses decreased from ¥278 million in the same period of the previous year to ¥32 million for the cumulative third-quarter period. The amount of impairment losses recognized on assets scheduled for store relocations or rebuilds and other assets was updated. - FY2020-Q1No impairment loss in the first quarterAnnual report
「Impairment losses 101 0」
Impairment losses decreased from ¥101 million in the same quarter of the previous year to ¥0 million in the first quarter. - FY2019Decrease in Full-Year Impairment LossesAnnual report
「The carrying amounts of business-use assets whose cash flows declined due to lower operating profit and whose land values fell, as well as assets scheduled for disposal following decisions to relocate or rebuild, were reduced to their recoverable amounts. The resulting reduction of ¥297 million was recognized as an impairment loss under extraordinary losses.」
Impairment losses on assets scheduled for store relocations or rebuilds and other assets decreased from ¥409 million in the previous fiscal year to ¥297 million. - FY2019-Q3Update to cumulative impairment losses for the third quarterAnnual report
「The carrying amounts of business-use assets whose cash flows declined due to lower operating profit and whose land values fell, as well as assets scheduled for disposal following decisions to relocate or rebuild, were reduced to their recoverable amounts. The resulting reduction of ¥278 million was recognized as an impairment loss under extraordinary losses.」
Cumulative impairment losses for the third quarter, including assets scheduled for relocation or rebuilding and other assets, amounted to ¥278 million, updated from ¥135 million for the previous cumulative quarter. - FY2019-Q2Update to the amount recognized for the interim periodAnnual report
「The carrying amounts of business-use assets whose cash flows declined due to lower operating profit and whose land values fell, as well as assets scheduled for disposal following decisions to relocate or rebuild, were reduced to their recoverable amounts. The resulting reduction of ¥205 million was recognized as an impairment loss under extraordinary losses.」
The cumulative impairment loss for the interim period, including assets scheduled for relocation or rebuilding and other assets, amounted to ¥205 million. - FY2019-Q1Disclosure of the amount recognized in the first quarterAnnual report
「In the banking business, the carrying amounts of business-use assets whose cash flows declined due to lower operating profit and whose land values fell, as well as assets scheduled for disposal following decisions to relocate or rebuild, were reduced to their recoverable amounts. The resulting reduction of ¥101 million was recognized as an impairment loss under extraordinary losses.」
An impairment loss of ¥101 million was recognized in the first quarter in connection with lower operating profit, falling land prices, and assets scheduled for store relocations or rebuilds. - FY2018Decrease in Full-Year Impairment LossesAnnual report
「The carrying amounts of business-use assets whose cash flows declined due to lower operating profit and whose land values fell, as well as assets scheduled for disposal following decisions to relocate or rebuild, were reduced to their recoverable amounts. The resulting reduction of ¥409 million was recognized as an impairment loss under extraordinary losses.」
Impairment losses on assets scheduled for store relocations or rebuilds and other assets decreased from ¥1,259 million in the previous fiscal year to ¥409 million. - FY2018-Q3Update to cumulative impairment lossesAnnual report
「In the banking business, the carrying amounts of business-use assets whose cash flows declined due to lower operating profit and whose land values fell, as well as assets scheduled for disposal following decisions to relocate or rebuild, were reduced to their recoverable amounts. The resulting reduction of ¥135 million was recognized as an impairment loss under extraordinary losses.」
The cumulative impairment loss for the third quarter was disclosed as ¥135 million in connection with lower operating profit, falling land prices, and assets scheduled for store relocations or rebuilds. The amount recognized was updated from ¥119 million for the interim period. - FY2018-Q2Disclosure of the amount recorded for the interim periodAnnual report
「The carrying amount of business assets whose cash flows had declined due to lower operating income and whose land values had fallen, as well as assets scheduled for disposal following decisions to relocate or reconstruct branches, was reduced to the recoverable amount. The resulting decrease of ¥119 million was recorded as an impairment loss under extraordinary losses.」
The company recorded ¥119 million in impairment losses during the interim period on assets scheduled for relocation or reconstruction and other assets. - FY2017Full-Year Amount ConfirmedAnnual report
「The carrying amount of business assets whose cash flows had declined due to lower operating income and whose land values had fallen, as well as assets scheduled for disposal following decisions to relocate or reconstruct branches, was reduced to the recoverable amount. The resulting decrease of ¥1,259 million was recorded as an impairment loss under extraordinary losses.」
Impairment losses associated with branch relocations, reconstruction and other measures totaled ¥1,259 million for the full fiscal year, and ¥447 million was also recorded as a provision for fixed-asset demolition costs. - FY2017-Q3First statedAnnual report
「The carrying amount of business assets whose cash flows had declined due to lower operating income and whose land values had fallen, as well as assets scheduled for disposal following decisions to relocate or reconstruct branches, was reduced to the recoverable amount. The resulting decrease of ¥1,044 million was recorded as an impairment loss under extraordinary losses.」
The company recorded ¥1,044 million in impairment losses on fixed assets in connection with lower operating income, falling land prices and decisions to relocate or reconstruct branches. It also recorded ¥447 million in provision for fixed-asset demolition costs under extraordinary losses.