Impairment Risk for Store Assets Due to Declining Store Profitability
First written in FY2017-Q2. 17 of 25 entries say "Materialised", first in FY2017-Q2. Latest entry: FY2026.
Genki Global Dining Concepts moved to the "Worse" side of this theme in 2016, 1 year before the typical company in this theme (2017).
The whole theme swung hardest in 2017: 17 of 20 companies on the "Worse" side.
10 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「During the current consolidated fiscal year, an impairment loss of ¥707 million was recorded on assets at stores whose profitability had declined and on idle assets.」
The impairment loss increased from ¥266.507 million in the previous fiscal year to ¥707 million, and the impairment risk arising from lower store profitability became significant again. - 2026-05-11MaterialisedOccurring Fact
「店舗等のうち収益性が低下した資産について、帳簿価額を回収可能価額まで減額し、６億８千１百万円の減損損失を計上することといたしました。これにより、当期の特別損失の累計は、減損損失７億７百万円、賃貸借契約解約損７百万円、合計７億１千５百万円となりました。」
収益性が低下した店舗等の資産について減損損失が実際に計上され、店舗資産の減損リスクが実績として発生した。 - FY2024MitigatedAnnual report
「During the current consolidated fiscal year, an impairment loss of ¥266.507 million was recorded on assets at stores whose profitability had declined and on idle assets.」
The impairment loss totaled ¥266.507 million, down from ¥471.452 million in the previous fiscal year. However, impairment related to store assets whose profitability had declined continued to arise. - FY2024-Q2MitigatedAnnual report
「Impairment loss 20,547 -」
No impairment loss was recorded during the six months ended the second quarter of the current consolidated fiscal year, compared with ¥20.547 million recorded in the same period of the previous year. - FY2023-Q3WorsenedAnnual report
「In the Domestic Operations segment, impairment losses have been recorded for stores whose profits or losses from operating activities have remained negative and for which it was determined that profitability was unlikely to improve, as well as stores scheduled to close and others. The impairment loss recorded during the nine months ended the third quarter of the current consolidated fiscal year was ¥71.808 million.」
An impairment loss of ¥71.808 million was recorded during the nine months ended the third quarter of the current consolidated fiscal year due to lower store profitability and other factors. The amount recorded increased from ¥20.476 million disclosed for the previous quarter. - FY2023-Q2MitigatedAnnual report
「In the Domestic Operations segment, impairment losses have been recorded for stores whose profits or losses from operating activities have remained negative and for which it was determined that profitability was unlikely to improve. The impairment loss recorded during the six months ended the second quarter of the current consolidated fiscal year was ¥20.476 million.」
Although an impairment loss arose due to lower store profitability, it declined from ¥47.936 million in the same period of the previous year to ¥20.476 million. - FY2022MaterialisedAnnual report
「During the current consolidated fiscal year, an impairment loss of ¥520.310 million was recorded on assets at stores whose profitability had declined and on idle assets.」
An impairment loss of ¥520.31 million was recorded due to lower store profitability and idle assets. Impairment risk continued to arise in the full-year results. - FY2022-Q3MaterialisedAnnual report
「In the Domestic Operations segment, impairment losses have been recorded for stores whose profits or losses from operating activities have remained negative and for which it was determined that profitability was unlikely to improve, as well as stores scheduled to close and others. The impairment loss recorded during the nine months ended the third quarter of the current consolidated fiscal year was ¥61.805 million.」
An impairment loss of ¥61.805 million was recorded in domestic operations due to lower store profitability and other factors, and impairment risk continued to materialize. - FY2022-Q2MaterialisedAnnual report
「In the Domestic Operations segment, impairment losses have been recorded for stores whose profits or losses from operating activities have remained negative and for which it was determined that profitability was unlikely to improve. The impairment loss recorded during the six months ended the second quarter of the current consolidated fiscal year was ¥47.936 million.」
An impairment loss of ¥47.936 million was recorded in domestic operations due to lower store profitability and other factors, and impairment risk continued to materialize. - FY2021-Q3MaterialisedAnnual report
「In the Domestic Operations and Overseas Operations segments, impairment losses have been recorded for stores whose profits or losses from operating activities have remained negative and for which it was determined that profitability was unlikely to improve, as well as stores scheduled to close and others. The impairment losses recorded during the nine months ended the third quarter of the current consolidated fiscal year were ¥31.779 million for domestic operations and ¥104.036 million for overseas operations.」
Impairment losses totaling ¥135.815 million were recorded during the nine months ended the third quarter, comprising ¥31.779 million in domestic operations and ¥104.036 million in overseas operations. - FY2021-Q2MaterialisedAnnual report
「In the Domestic Operations and Overseas Operations segments, impairment losses have been recorded for stores whose profits or losses from operating activities have remained negative and for which it was determined that profitability was unlikely to improve, as well as stores scheduled to close and others. The impairment losses recorded during the six months ended the second quarter of the current consolidated fiscal year were ¥31.779 million for domestic operations and ¥104.839 million for overseas operations.」
Impairment losses totaling ¥136.619 million were recorded during the six months ended the second quarter, comprising ¥31.779 million in domestic operations and ¥104.839 million in overseas operations. - FY2020WorsenedAnnual report
「During the current consolidated fiscal year, an impairment loss of ¥589.498 million was recorded on assets at stores whose profitability had declined and on idle assets.」
The impairment loss increased from ¥331.511 million in the previous fiscal year to ¥589.498 million, with losses recorded on idle assets in addition to assets whose profitability had declined. - FY2020-Q3MaterialisedAnnual report
「Impairment loss 59,376 26,230」
An impairment loss of ¥26.230 million was recorded during the nine months ended the third quarter of the current fiscal year, and impairment related to lower store profitability and other factors actually arose. - FY2020-Q2MaterialisedAnnual report
「Impairment loss 58,840 26,230」
Following the ¥58.840 million recorded in the same period of the previous year, an impairment loss of ¥26.230 million was also recorded during the six months ended the second quarter of the current fiscal year, meaning that impairment related to lower store profitability and other factors actually arose. - FY2020-Q1No impairment losses this quarterAnnual report
「Impairment loss 5,700 —」
An impairment loss of ¥5.700 million had been recorded in the same quarter of the previous year, but no impairment loss was recorded during the three months ended the first quarter of the current consolidated fiscal year. - FY2019-Q3MaterialisedAnnual report
「Impairment loss 213,377 59,376」
An impairment loss of ¥59.376 million was recorded during the nine months ended the third quarter of the current consolidated fiscal year, and impairment related to lower store profitability and other factors continued to arise. - FY2019-Q2MaterialisedAnnual report
「Impairment loss 58,840」
An impairment loss of ¥58.840 million was recorded during the six months ended the second quarter of the current consolidated fiscal year, and impairment related to lower store profitability and other factors continued to arise. - FY2019-Q1MaterialisedAnnual report
「Impairment loss 5,700」
An impairment loss of ¥5.700 million was recorded in the first quarter, and impairment related to lower store profitability and other factors continued to arise. - FY2018WorsenedAnnual report
「During the current consolidated fiscal year, an impairment loss of ¥855 million was recorded on assets at stores whose profitability had declined and on idle assets.」
Impairment losses due to lower store profitability and other factors increased from ¥289.41 million in the previous fiscal year to ¥855.38 million, and arose at U.S. stores as well as domestic stores. - FY2018-Q3MaterialisedAnnual report
「In the Domestic Operations and Overseas Operations segments, impairment losses have been recorded for stores whose profits or losses from operating activities have remained negative and for which it was determined that profitability was unlikely to improve, as well as stores scheduled to close and others. The impairment losses recorded during the nine months ended the third quarter of the current consolidated fiscal year were ¥157.187 million for domestic operations and ¥56.190 million for overseas operations.」
Impairment losses of ¥157.187 million in domestic operations and ¥56.190 million in overseas operations, totaling ¥213.377 million, were recorded due to lower store profitability and other factors. Impairment risk actually materialized in both the domestic and overseas segments. - FY2018-Q2MaterialisedAnnual report
「In the Domestic Operations and Overseas Operations segments, impairment losses have been recorded for stores whose profits or losses from operating activities have remained negative and for which it was determined that profitability was unlikely to improve, as well as stores scheduled to close and others. The impairment losses recorded during the six months ended the second quarter of the current consolidated fiscal year were ¥119.939 million for domestic operations and ¥55.868 million for overseas operations.」
Impairment losses of ¥119.939 million in domestic operations and ¥55.868 million in overseas operations, totaling ¥175.807 million, were recorded due to lower store profitability and other factors. Impairment risk materialized in both the domestic and overseas segments. - FY2018-Q1MaterialisedAnnual report
「Impairment loss ¥2.587 million」
An impairment loss of ¥2.587 million was recorded in the first quarter. Although the filing did not provide a detailed breakdown of the assets affected, an impairment loss was again recorded. - FY2017MaterialisedAnnual report
「During the current consolidated fiscal year, an impairment loss of ¥289.14 million was recorded on assets at stores whose profitability had declined and on idle assets.」
An impairment loss of ¥289.414 million was recorded during the current consolidated fiscal year due to lower store profitability and other factors. The impairment risk materialized in the full-year results. - FY2017-Q3MaterialisedAnnual report
「In the Domestic Operations segment, impairment losses have been recorded for stores whose profits or losses from operating activities have remained negative and for which it was determined that profitability was unlikely to improve, as well as stores scheduled to close and others. The impairment loss recorded during the nine months ended the third quarter of the current consolidated fiscal year was ¥149.045 million.」
The filing disclosed that an impairment loss of ¥149.045 million was recorded in domestic operations due to lower store profitability and other factors. - FY2017-Q2MaterialisedAnnual report
「The Group applies impairment accounting by treating each store as the smallest unit generating cash flows independently. If store profitability declines in the future, among other circumstances, impairment losses on store assets may arise and affect the Group's financial position and operating results. The impairment loss recorded during the six months ended the second quarter of the current consolidated fiscal year was ¥148.620 million.」
The risk of impairment due to lower store profitability was disclosed, and an impairment loss of ¥148.620 million was actually recorded in domestic operations.