Impairment risk for fixed assets in the cinema exhibition business
First written in FY2021. 4 of 10 entries say "Mitigated", first in FY2022. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026MitigatedAnnual report
「For the consolidated fiscal year (from 1 April 2025 to 31 March 2026), there were no applicable matters.」
No impairment losses on property, plant and equipment occurred in any reportable segment during the current consolidated fiscal year. The impairment loss on cinema property, plant and equipment that occurred in the previous fiscal year did not recur. - 2026-05-15RestatedEarnings
「 Impairment loss —」
No impairment loss on fixed assets was recorded in the current fiscal year, and there was no new impairment charge related to the cinema fixed assets impairment recorded in the previous fiscal year. - FY2026-H1RestatedAnnual report
「3. Information on impairment losses on property, plant and equipment or goodwill and other items by reporting segment Not applicable.」
The Company states that there were no impairment losses or other impairment-related charges on property, plant and equipment for any reportable segment during the interim consolidated accounting period. No new impairment loss was recognized in relation to the impairment risk involving cinema property, plant and equipment that arose in the previous fiscal year. - FY2025MaterialisedAnnual report
「As operating income remained negative, the Company reduced the carrying amount of property, plant and equipment at cinemas whose profitability had declined to its recoverable amount, and recognized the ¥4.648 million reduction as an impairment loss under extraordinary losses.」
Although no impairment loss was recognized in the previous fiscal year or FY2025-H1, the Company recognized an impairment loss of ¥4.648 million on cinemas in the cinema business during the current fiscal year. - FY2025-H1RestatedAnnual report
「3. Information on impairment losses on property, plant and equipment or goodwill and other items by reporting segment Not applicable.」
The Company states that there were no impairment losses or other impairment-related charges on property, plant and equipment for any reportable segment during the interim consolidated accounting period. - FY2024MitigatedAnnual report
「There are no applicable matters.」
The Company states that no impairment losses on property, plant and equipment occurred in any reportable segment during the current consolidated fiscal year, and that the impairment loss recognized in the previous fiscal year did not recur. - FY2024-Q3MitigatedAnnual report
「3. Information on impairment losses on property, plant and equipment or goodwill and other items by reporting segment Not applicable.」
The Company states that there were no impairment losses or other impairment-related charges on property, plant and equipment for any reportable segment during the nine-month period of the current fiscal year. The impairment loss that recurred in the previous fiscal year was not recognized during the current nine-month period. - FY2023MaterialisedAnnual report
「Impairment loss 1,378」
Although there was no impairment loss in the previous fiscal year, the Company recognized an impairment loss of ¥1.378 million during the current consolidated fiscal year. The impairment risk related to future cash flows and other factors for property, plant and equipment, including the cinema business, has materialized again. - FY2022MitigatedAnnual report
「Current consolidated fiscal year (from 1 April 2021 to 31 March 2022): Not applicable.」
Although an impairment loss of ¥247.287 million was recognized on cinema business assets in the previous fiscal year, no impairment loss occurred during the current consolidated fiscal year. However, the uncertainty of impairment assessments based on assumptions regarding future cash flows and other factors continues to be disclosed. - FY2021First statedAnnual report
「During the current consolidated fiscal year, the cinema business asset group continued to generate operating losses due mainly to the spread of COVID-19. Accordingly, the Company estimated the group's future cash flows, reduced the carrying amount of impaired property, plant and equipment to its recoverable amount, and recognized the reduction as an impairment loss under extraordinary losses.」
In response to continued operating losses in the cinema business, the Company recognized an impairment loss on ¥247.287 million of property, plant and equipment. The Company identifies the possibility of further impairment losses due to changes in future cash flows and profitability as a separate risk.