Risk of Impairment Losses Due to Changes in Land Prices and Earnings
First written in FY2016. 25 of 33 entries say "Materialised", first in FY2017-Q3. Latest entry: FY2026.
The whole theme swung hardest in 2017: 31 of 68 companies on the "Worse" side.
- FY2026MitigatedAnnual report
「During the current consolidated fiscal year, the Group recorded impairment losses on the following assets: Hotel, Shinjuku-ku, Tokyo: Buildings, ¥14 million; Other, ¥27 million; Total, ¥41 million.」
An impairment loss of ¥41 million was recorded for the hotel assets in Shinjuku-ku, Tokyo, down from ¥197 million in the previous fiscal year. The risk continues to materialize. - 2026-05-14MitigatedResults
「Impairment losses 197 41」
Impairment losses on the consolidated statement of income declined from ¥197 million in the previous fiscal year to ¥41 million. - FY2026-H1MaterialisedAnnual report
「During the current interim consolidated accounting period, the Group recorded impairment losses on the following assets: Hotel, Shinjuku-ku, Tokyo: Buildings, ¥4 million; Other, ¥9 million; Total, ¥14 million.」
An impairment loss of ¥14 million was recorded for the hotel assets in Shinjuku-ku, Tokyo in the first half of fiscal 2025, and the impairment risk continues to materialize. - FY2025WorsenedAnnual report
「During the current consolidated fiscal year, the carrying amount of the asset group for the hotel in Shinjuku-ku, Tokyo, was reduced to its recoverable amount, and the reduction was recorded as an impairment loss.」
An impairment loss of ¥197 million was recorded for the hotel in Shinjuku-ku, Tokyo, up from ¥93 million in the previous fiscal year. The materialization of the impairment risk expanded. - FY2025-H1MaterialisedAnnual report
「During the current interim consolidated accounting period, the Group recorded impairment losses on the following assets.」
For the hotel assets in Shinjuku-ku, Tokyo, impairment losses of ¥28 million on buildings and ¥68 million on other assets, totaling ¥96 million, were recorded during the current interim consolidated accounting period. - FY2024WorsenedAnnual report
「During the current consolidated fiscal year, the Group recorded impairment losses on the following assets: Hotel, Shinjuku-ku, Tokyo: Buildings, ¥40 million; Other, ¥52 million; Total, ¥93 million.」
The impairment loss on the hotel assets in Shinjuku-ku, Tokyo increased from ¥31 million in the previous consolidated fiscal year to ¥93 million, indicating that the materialization of the impairment risk had expanded. - FY2024-Q3MaterialisedAnnual report
「During the cumulative third-quarter period, the Group recorded impairment losses on the following assets: Hotel, Shinjuku-ku, Tokyo: Buildings, ¥17 million; Other, ¥44 million; Total, ¥61 million.」
An impairment loss of ¥61 million was recorded for the hotel assets in Shinjuku-ku, Tokyo during the current cumulative third-quarter period, and the impairment risk continues to materialize. - FY2024-Q2MaterialisedAnnual report
「During the cumulative second-quarter period, the Group recorded impairment losses on the following assets: Hotel, Shinjuku-ku, Tokyo: Buildings, ¥6 million; Other, ¥35 million; Total, ¥42 million.」
An impairment loss of ¥42 million was recorded for the hotel assets in Shinjuku-ku, Tokyo during the current cumulative second-quarter period, and the risk of impairment of fixed assets continues to materialize. - FY2024-Q1MaterialisedAnnual report
「Impairment loss 28」
An impairment loss of ¥28 million was recorded during the cumulative first-quarter period, indicating that the risk of impairment of fixed assets continues to materialize. - FY2023MaterialisedAnnual report
「During the current consolidated fiscal year, the carrying amount of the asset group for the hotel in Shinjuku-ku, Tokyo, was reduced to its recoverable amount, and the reduction was recorded as an impairment loss.」
An impairment loss of ¥31 million was recorded for the hotel assets in Shinjuku-ku, Tokyo during the current consolidated fiscal year, and the impairment risk continued to materialize. - FY2023-Q3MaterialisedAnnual report
「Hotel, Shinjuku-ku, Tokyo: Buildings, ¥6 million; Other, ¥13 million; Total, ¥20 million」
An impairment loss of ¥20 million was recorded for the hotel assets in Shinjuku-ku, Tokyo during the current cumulative third-quarter period, and the impairment risk continues to materialize. - FY2023-Q2MaterialisedAnnual report
「During the cumulative second-quarter period, the Group recorded impairment losses on the following assets: Hotel, Shinjuku-ku, Tokyo: Buildings, ¥0 million; Other, ¥6 million; Total, ¥7 million.」
An impairment loss of ¥7 million was recorded for the hotel assets in Shinjuku-ku, Tokyo during the current cumulative second-quarter period. - FY2022MaterialisedAnnual report
「During the current consolidated fiscal year, the Group recorded impairment losses on the following assets: Hotel, Kokurakita-ku, Kitakyushu: Buildings, ¥2 million; Other, ¥47 million; Hotel, Shinjuku-ku, Tokyo: Buildings, ¥11 million; Other, ¥28 million; Total, ¥90 million.」
Full-year impairment losses of ¥90 million were recorded for the hotel assets in Kokurakita-ku, Kitakyushu, and Shinjuku-ku, Tokyo. - FY2022-Q3MaterialisedAnnual report
「During the cumulative third-quarter period, the Group recorded impairment losses on the following assets: Hotel, Shinjuku-ku, Tokyo: Buildings, ¥4 million; Other, ¥25 million; Total, ¥30 million.」
An impairment loss of ¥30 million was recorded for the hotel assets in Shinjuku-ku, Tokyo, indicating that the impairment risk based on the earnings outlook continues to materialize. - FY2022-Q2MaterialisedAnnual report
「Based on consideration of the future performance outlook and other factors, the Group determined that it was unlikely to recover the full carrying amount of the above asset group through future cash flows. Accordingly, it reduced the carrying amount of the asset group to its recoverable amount and recognized the reduction as an impairment loss under extraordinary losses.」
For the hotel assets in Shinjuku-ku, Tokyo, an impairment loss of ¥26 million was recorded for the cumulative second-quarter period, and the impairment risk based on the earnings outlook continues to arise. - FY2021RestatedAnnual report
「During the current consolidated fiscal year, the carrying amounts of the asset groups for the hotels in Shinjuku-ku, Tokyo, Nishi-ku, Osaka, and Kokurakita-ku, Kitakyushu, were reduced to their recoverable amounts, and the reductions were recorded as impairment losses.」
We continue to recognize that impairment losses were recorded for the hotels in Shinjuku-ku, Tokyo, Nishi-ku, Osaka, and Kokurakita-ku, Kitakyushu. Full-year impairment losses were ¥92 million. - FY2021-Q3WorsenedAnnual report
「During the cumulative third-quarter period, the Group recorded impairment losses on the following assets: Hotel, Kokurakita-ku, Kitakyushu: Buildings, ¥1 million; Other, ¥71 million; Hotel, Shinjuku-ku, Tokyo: Buildings, ¥4 million; Other, ¥13 million; Hotel, Nishi-ku, Osaka: Other, ¥1 million; Total, ¥91 million.」
The total impairment loss was ¥91 million, and the assets subject to impairment losses expanded beyond Shinjuku-ku, Tokyo, to hotel assets in Kokurakita-ku, Kitakyushu, and Nishi-ku, Osaka. - FY2021-Q2MaterialisedAnnual report
「Hotel, Shinjuku-ku, Tokyo: Buildings, ¥1 million; Other, ¥9 million; Total, ¥11 million.」
For the hotel assets in Shinjuku-ku, Tokyo, an impairment loss of ¥11 million was recorded for the cumulative second-quarter period, indicating that the impairment risk continues to materialize. - FY2021-Q1MaterialisedAnnual report
「Impairment loss 5」
An impairment loss of ¥5 million was recorded during the cumulative first-quarter period, indicating that the risk of impairment of fixed assets continues to materialize. - FY2020WorsenedAnnual report
「Regarding the possibility of this risk materializing, during the current consolidated fiscal year, the carrying amounts of the asset groups for the hotels in Shinjuku-ku, Tokyo, and Nishi-ku, Osaka, were reduced to their recoverable amounts, and the reductions were recorded as impairment losses. We also recognize that the prolonged impact of COVID-19 is increasing the likelihood of recording additional impairment losses.」
The impairment loss extended beyond Shinjuku-ku, Tokyo, to Nishi-ku, Osaka, with a total of ¥291 million recorded. It also stated that the prolonged COVID-19 pandemic was increasing the likelihood of additional impairment losses. - FY2020-Q3MaterialisedAnnual report
「During the cumulative third-quarter period, the Group recorded impairment losses on the following assets: Hotel, Shinjuku-ku, Tokyo: Buildings, ¥20 million; Other, ¥52 million; Total, ¥72 million.」
For the hotel assets in Shinjuku-ku, Tokyo, an impairment loss of ¥72 million was recorded for the cumulative third-quarter period, indicating that the risk of impairment of fixed assets continues to materialize. - FY2020-Q2MaterialisedAnnual report
「During the 6-month period ended the second quarter under review, the Group recognized impairment losses on the following assets: hotel, Shinjuku, Tokyo, building ¥15 million, other ¥44 million, total ¥59 million.」
For the hotel assets in Shinjuku-ku, Tokyo, an impairment loss of ¥59 million was recorded for the cumulative second-quarter period, indicating that the risk of impairment of fixed assets continues to materialize. - FY2020-Q1MaterialisedAnnual report
「Impairment loss 41」
An impairment loss of ¥41 million was recognized during the 3-month period ended the first quarter under review, indicating that the impairment risk for fixed assets continues to materialize. - FY2019-Q3MaterialisedAnnual report
「During the 9-month period ended the third quarter under review, the Group recognized impairment losses on the following assets: hotel, Shinjuku, Tokyo, building ¥4 million, other ¥28 million, total ¥33 million.」
An impairment loss of ¥33 million was recognized on hotel assets in Shinjuku, Tokyo, during the 9-month period ended the third quarter under review. Because no future cash flows were expected, the assets were valued with a recoverable amount of zero. - FY2019-Q2MaterialisedAnnual report
「During the 6-month period ended the second quarter under review, the Group recognized impairment losses on the following assets: hotel, Shinjuku, Tokyo, building ¥1 million, other ¥20 million, total ¥22 million.」
An impairment loss of ¥22 million was recognized on hotel assets in Shinjuku, Tokyo, during the 6-month period ended the second quarter under review. Because no future cash flows were expected, the assets were valued with a recoverable amount of zero. - FY2019-Q1MaterialisedAnnual report
「Impairment loss 7」
An impairment loss of ¥7 million was recognized during the 3-month period ended the first quarter under review, indicating that the impairment risk for fixed assets continues to materialize. - FY2018MaterialisedAnnual report
「During the consolidated fiscal year under review, the Group recognized impairment losses on the following assets: hotel, Shinjuku, Tokyo, building ¥134 million, other ¥33 million, total ¥167 million.」
An impairment loss of ¥167 million was recognized on hotel assets in Shinjuku, Tokyo, for the full fiscal year, indicating that the impairment risk continued to materialize. - FY2018-Q3MaterialisedAnnual report
「During the 9-month period ended the third quarter under review, the Group recognized impairment losses on the following assets: hotel, Shinjuku, Tokyo, building ¥100 million, other ¥28 million, total ¥129 million.」
An impairment loss of ¥129 million was recognized on hotel assets in Shinjuku, Tokyo, during the 9-month period ended the third quarter, indicating that the impairment risk continues to materialize. - FY2018-Q2MaterialisedAnnual report
「During the 6-month period ended the second quarter under review, the Group recognized impairment losses on the following assets: hotel, Shinjuku, Tokyo, building ¥83 million, other ¥16 million, total ¥100 million.」
An impairment loss of ¥100 million was recognized on hotel assets in Shinjuku, Tokyo, during the 6-month period ended the second quarter, indicating that the impairment risk continues to materialize. - FY2018-Q1MaterialisedAnnual report
「Impairment loss 7」
An impairment loss of ¥7 million was recognized during the 3-month period ended the first quarter under review, indicating that the impairment risk for fixed assets continues to materialize. - FY2017MaterialisedAnnual report
「During the consolidated fiscal year under review, the Group recognized impairment losses on the following assets: hotel, Shinjuku, Tokyo, total ¥59 million.」
An impairment loss of ¥59 million was recognized on hotel assets in Shinjuku, Tokyo, during the consolidated fiscal year under review. - FY2017-Q3MaterialisedAnnual report
「Based on consideration of the future performance outlook and other factors, the Group determined that it was unlikely to recover the full carrying amount of the above asset group through future cash flows. Accordingly, it reduced the carrying amount of the asset group to its recoverable amount and recognized the reduction as an impairment loss under extraordinary losses.」
For the hotel assets in Shinjuku, Tokyo, an impairment loss of ¥36 million was recognized during the 3-month period ended the third quarter under review, indicating that the impairment risk based on the earnings outlook had materialized. - FY2016First statedAnnual report
「Depending on future trends in land prices and earnings, impairment losses may arise on property, plant and equipment and affect the Group’s operating results.」
States that changes in the value of fixed assets and hotel earnings may lead to impairment.