Impairment Losses on Fixed Assets
First written in FY2017. 6 of 12 entries say "Worsened", first in FY2021-Q2. Latest entry: 2026-10-14.
The whole theme swung hardest in 2020: 51 of 96 companies on the "Worse" side.
- FY2026WorsenedAnnual report
「The company expects to record an extraordinary loss of ¥2,400 million as an impairment loss in the next consolidated fiscal year.」
While no impairment loss on fixed assets was recorded in the current fiscal year, the company indicated that an impairment loss of ¥2,400 million is expected to be recorded in the next fiscal year in connection with the demolition of the Osaka Shochikuza Building. - FY2024WorsenedAnnual report
「In addition, an impairment loss on fixed assets of ¥886 million was recorded in the consolidated income statement for the current consolidated fiscal year.」
The impairment loss on fixed assets increased from ¥852 million in the previous year to ¥886 million. In addition to cinema equipment, impairment losses arose on theater equipment and other assets due to declining profitability and changes in estimates of restoration costs. - FY2024-Q2MaterialisedAnnual report
「In the theater business, among the fixed assets held by consolidated subsidiaries, the full carrying amount of assets whose profitability had declined was recorded as an impairment loss, with the recoverable amount set at zero. The impairment loss recorded for the current second quarter consolidated accounting period was ¥46 million.」
An impairment loss of ¥46 million was recorded on fixed assets in the theater business whose profitability had declined, with the recoverable amount set at zero. - FY2023WorsenedAnnual report
「An impairment loss on fixed assets of ¥852 million was recorded in the consolidated income statement for the current consolidated fiscal year.」
An impairment loss of ¥852 million was recorded on fixed assets at 6 theaters due to lower utilization and other factors. The impairment loss increased from the previous result, making the risk more clearly apparent. - FY2021MaterialisedAnnual report
「As profitability declined due to the deterioration of the operating environment caused by the spread of COVID-19, carrying amounts were reduced to recoverable amounts, and the reduction was recorded as an impairment loss under extraordinary losses.」
Against a backdrop of reduced profitability due to the infectious disease, an impairment loss of ¥428 million was actually recorded on rental real estate in Hamamatsu. - FY2021-Q2WorsenedAnnual report
「However, a full recovery in demand for entertainment involving audience attendance will take time, and the timing of the end of the COVID-19 pandemic remains uncertain. Accordingly, the Group has made accounting estimates regarding the recoverability of deferred tax assets and impairment accounting for fixed assets, assuming that the impact will continue throughout the fiscal year ending February 2022.」
Accounting estimates for impairment of fixed assets were made on the assumption that the impact of the infectious disease would continue throughout the fiscal year ending February 2022. The delay in demand recovery and uncertainty over when the situation would end were explicitly stated. - FY2017First statedAnnual report
「Depending on trends in land prices and the earnings performance of the relevant fixed assets, the Group may incur losses associated with impairment of its fixed assets, which could affect its operating results and financial position.」
The company stated that impairment losses may arise due to land prices and the earnings performance of fixed assets.