Impairment Due to Deteriorating Hotel and Store Profitability and Declining Asset Values
First written in FY2019. 3 of 4 entries say "Materialised", first in FY2019. Latest entry: FY2026.
The whole theme swung hardest in 2020: 51 of 96 companies on the "Worse" side.
- FY2026MaterialisedAnnual report
「During the current consolidated fiscal year, the carrying amount of the assets was reduced to the recoverable amount because design fees, model rooms, power receiving equipment and goodwill, among other factors, were no longer expected to generate the originally projected earnings. The reduction of ¥223,702 thousand was recorded as an impairment loss.」
Design fees, model rooms, power receiving equipment and goodwill were no longer expected to generate the projected earnings, and an impairment loss of ¥223,702 thousand was recorded. - 2026-09-01RestatedGeneral Meetings of Shareholders
「Impairment loss 223,702」
An impairment loss of ¥223,702 thousand was recorded in the consolidated financial statements for FY2026. - FY2025MaterialisedAnnual report
「During the current consolidated fiscal year, the carrying amount of the assets was reduced to the recoverable amount because the stores and model rooms, among other assets, were no longer expected to generate the originally projected earnings. The reduction of ¥43,539 thousand was recorded as an impairment loss.」
The stores and model rooms, among other assets, were no longer expected to generate the projected earnings, and an impairment loss of ¥43,539 thousand was recorded. - FY2019MaterialisedAnnual report
「During the current consolidated fiscal year, the carrying amount of the assets was reduced to the recoverable amount because the fair value of the hotels had declined significantly and the stores, among other factors, were no longer expected to generate the originally projected earnings. The reduction of ¥82,758 thousand was recorded as an impairment loss.」
The decline in hotel fair value and failure of stores to achieve projected earnings actually occurred, and an impairment loss of ¥82,758 thousand was recorded.