Impairment Losses from Deteriorating Profitability at School Sites
First written in FY2022. 2 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2025: 43 of 77 companies on the "Worse" side.
23 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「We group assets primarily by school locations and subscription services as the basic units that generate cash flows.」
The company continues to disclose the impairment risk caused by deteriorating profitability at school locations and its efforts to improve profitability through regular cost reviews. - FY2023RestatedAnnual report
「We are working to improve profitability through regular cost reviews. However, if profitability at school locations deteriorates due to significant changes in the external environment or other factors, and the profit or loss arising from operating activities at the schools remains negative, we will be required to recognize impairment losses on fixed assets, which could affect our financial condition and operating results.」
The company continues to disclose the impairment risk caused by deteriorating profitability at school locations and its response through cost reviews. - FY2022First statedAnnual report
「If profitability at school locations deteriorates due to significant changes in the external environment or other factors, and the profit or loss arising from operating activities at the schools remains negative, we will be required to recognize impairment losses on fixed assets, which could affect our financial condition and operating results.」
The company recognized impairment losses of ¥64.96 million for the Shimbashi, Shinjuku South Exit, and Nishi-Umeda school locations in the previous fiscal year, indicating that the risk has materialized in the past.