Impairment Losses at Unprofitable Operating Stores
First written in FY2020. . Latest entry: FY2026.
The whole theme swung hardest in 2017: 10 of 13 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2026Increase in Impairment LossesAnnual report
「Extraordinary losses totaled ¥62 million, including ¥34 million in the provision for the Financial Instruments Transaction Liability Reserve and ¥27 million in impairment losses,」
Impairment losses of ¥27 million were recognized for Nishinomiya and Fukuoka branches and Planet Plaza Sasebo, Isahaya and Takeo, where operating profit or loss had remained negative and future earnings prospects were uncertain. This increased from ¥10 million in the previous fiscal year. - FY2025Continued recognition of impairment lossesAnnual report
「Because the branch mentioned above has continued to generate negative profit or loss from operating activities and its future earnings prospects are uncertain, we reduced its carrying amount to its recoverable amount and recognized the reduction as an impairment loss under extraordinary losses.」
Impairment losses totaling ¥10 million were recognized for Mizusawa, Okazaki, Tamaki and Gakuenmae branches. Following Nagoya branch in the previous fiscal year, impairment losses were recognized due to operating losses and other factors. - FY2024Recognition of impairment losses againAnnual report
「Because the branch mentioned above has continued to generate negative profit or loss from operating activities and its future earnings prospects are uncertain, we reduced its carrying amount to its recoverable amount and recognized the reduction as an impairment loss under extraordinary losses.」
While no impairment losses were recognized in the previous fiscal year, ¥19 million was recognized for Nagoya branch in the current fiscal year. - FY2022No impairment lossesAnnual report
「There were no applicable items for the consolidated fiscal year from 1 April 2021 to 31 March 2022.」
No impairment losses were recognized during the current consolidated fiscal year for sales offices on which ¥106 million in impairment losses had been recognized in the previous fiscal year. - FY2021Increase in Impairment LossesAnnual report
「Totaled ¥121 million, including impairment losses」
Impairment losses increased from ¥40 million in the previous fiscal year to ¥106 million, recognized for the Ginza, Morioka, Nakano, Fukuoka and Planet Plaza Isahaya sales offices. - FY2021-Q3Continued recognition of impairment lossesAnnual report
「Extraordinary losses totaled ¥40 million, including ¥35 million in impairment losses,」
Impairment losses of ¥35 million were recognized during the cumulative third quarter, continuing the recognition of impairment losses from the previous fiscal year. - FY2020First statedAnnual report
「Because the branches mentioned above have continued to generate negative profit or loss from operating activities and their future earnings prospects are uncertain, we reduced their carrying amounts to recoverable amounts and recognized the reductions as impairment losses under extraordinary losses.」
Impairment losses totaling ¥40 million were recognized for Kakogawa, Tamaki, Sasebo and Karatsu branches due to continuing operating losses and other factors.