Impairment of Fixed Assets Following Investment in New Sites
First written in FY2023. 4 of 6 entries say "Materialised", first in FY2025. Latest entry: FY2026.
Cocorport moved to the "Worse" side of this theme in 2025, 5 years after the typical company in this theme (2020).
The whole theme swung hardest in 2025: 43 of 77 companies on the "Worse" side.
60 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「For facilities where operating profit or loss has remained negative and the company has determined that the likelihood of future earnings improvement is low, the carrying amount of the relevant assets was reduced to their recoverable amount, and the resulting decrease of ¥41,884 thousand was recognized as an impairment loss under extraordinary losses.」
Regarding the risk of impairment of fixed assets associated with investment in new facilities, an impairment loss of ¥41,884 thousand actually arose in the fiscal year ending June 2026. The amount increased from ¥37,433 thousand in the previous fiscal year. - FY2025MaterialisedAnnual report
「For facilities where operating profit or loss has remained negative and the company has determined that the likelihood of future earnings improvement is low, the carrying amount of the relevant assets was reduced to their recoverable amount, and the resulting decrease of ¥37,433 thousand was recognized as an impairment loss under extraordinary losses.」
A risk previously described as the possibility of impairment associated with investment in new facilities materialized as an impairment loss of ¥37,433 thousand at a facility where the likelihood of earnings improvement was low. - FY2024RestatedAnnual report
「The balance of fixed assets, including interior construction and fixtures and equipment for new facilities, has increased as the company actively promotes the opening of new facilities.」
The company reiterates the increase in fixed assets accompanying facility expansion and the risk that impairment losses may arise depending on performance trends. - FY2023First statedAnnual report
「The balance of fixed assets, including interior construction and fixtures and equipment for new facilities, has increased as the company actively promotes the opening of new facilities.」
While managing the profitability of each facility and implementing measures to restore the performance of unprofitable facilities, the company states that impairment losses may arise depending on facility performance trends.