Closure of Holiday Sports Club Niigata Akamichi
First written in FY2023-Q2. 1 of 3 entries say "Advanced", first in FY2023-Q3. Latest entry: FY2023.
0 other companies' latest entry also says "Achieved".
- FY2023AchievedAnnual report
「The number of sports club locations at the end of the consolidated fiscal year was 99 following the closure of Holiday Sports Club Niigata Akamichi (Niigata City, Niigata Prefecture) on 28 December 2022 and Holiday Sports Club Kagoshima Kamoike (Kagoshima City, Kagoshima Prefecture) on 30 March 2023, based on a comprehensive assessment that considered the remaining lease term and other factors.」
The closure of the Niigata Akamichi club was disclosed as completed for the full fiscal year, and the Kagoshima Kamoike club also closed on 30 March 2023. - FY2023-Q3AdvancedAnnual report
「Regarding Holiday Sports Club Kagoshima Kamoike (Kagoshima City, Kagoshima Prefecture), we decided to close the club effective 30 March 2023 based on a comprehensive assessment that included the remaining lease term. As a result, a special loss of ¥75 million was recognized for the cumulative third-quarter period of the current consolidated fiscal year.」
Following the Niigata Akamichi club, the company decided to close the Kagoshima Kamoike club on 30 March 2023 and recognized a special loss of ¥75 million. - FY2023-Q2First statedAnnual report
「Regarding Holiday Sports Club Niigata Akamichi (Niigata City, Niigata Prefecture), although membership declined due to the impact of COVID-19, we continued operations while working to manage costs. However, based on a comprehensive assessment that included the recent rise in energy costs and the remaining lease term, we decided to close the club effective 28 December 2022. As a result, impairment loss and store closure loss of ¥154 million were recognized for the cumulative second-quarter period of the current consolidated fiscal year.」
The company decided to close the Niigata Akamichi club on 28 December 2022, taking into account the decline in membership, higher energy costs and the remaining lease term, and recognized ¥154 million as impairment loss and store closure loss.