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Horai (9679) · FactFirst stated

Impairment of fixed assets due to lower profitability in the golf business

First written in FY2024. . Latest entry: FY2024.

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Impairment Loss on Golf Course- and Hotel-Related AssetsA theme 2 companies write about · 2 as a headwind · 0 as a tailwind

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  1. FY2024First statedAnnual report

    「In response to declining profitability in the golf business, the company reassessed the value of property, plant and equipment used in the business and recorded an impairment loss of ¥321 million as an extraordinary loss.」

    In response to declining profitability in the golf business, the company recorded an impairment loss of ¥321.217 million on property, plant and equipment at ホウライカントリー倶楽部 and 西那須野カントリー倶楽部.
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Impairment of fixed assets due to lower profitability in the golf business | HORAI Co.,Ltd. (9679) | Komori