Impairment Risk at Stores Generating Operating Losses
First written in FY2016. 10 of 24 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 67 of 129 companies on the "Worse" side.
- FY2026Lower impairment losses, more rental properties affectedAnnual report
「During the current consolidated fiscal year, the Group recorded impairment losses on the following asset groups: 52 store properties and 2 rental properties. Total impairment losses amounted to ¥403 million.」
Impairment losses decreased from ¥528 million in the previous fiscal year to ¥403 million, and the number of store properties affected decreased from 60 to 52. Meanwhile, the number of rental properties affected increased from 1 to 2. - 2026-06-02OtherGeneral Meetings of Shareholders
「During the consolidated fiscal year under review, we recorded an impairment loss of ¥370 million on store fixed assets.」
The company recorded an impairment loss on store fixed assets. It disclosed impairment indicators at 74 stores operated by consolidated subsidiaries and impairment losses at 52 stores. - FY2025Lower impairment losses, more stores affectedAnnual report
「During the current consolidated fiscal year, the Group recorded impairment losses on the following asset groups: 60 store properties and 1 rental property. Total impairment losses amounted to ¥528 million.」
Impairment losses decreased from ¥941 million in the previous fiscal year to ¥528 million, while the number of properties affected increased from 47 store properties and others to 60 store properties. Impairment losses due to declining profitability continue to occur. - FY2024WorsenedAnnual report
「During the current consolidated fiscal year, the Group recorded impairment losses on the following asset groups: 47 store properties, 1 store property, and 2 rental properties. Total impairment losses amounted to ¥941 million.」
Impairment losses increased from ¥801 million in the previous fiscal year to ¥941 million. Impairment losses were recognized on 48 store properties and 2 rental properties due to declining profitability or decisions to close and demolish the properties. - FY2024-Q2MaterialisedAnnual report
「Impairment losses 59」
The company recorded ¥59 million in impairment losses for the six months ended the second quarter, and impairment related to loss-making stores and other properties continues to occur. - FY2024-Q1RestatedAnnual report
「(Material impairment losses on fixed assets) None.」
The segment information for the three months ended the first quarter reports no material impairment loss on property, plant and equipment. - FY2023WorsenedAnnual report
「During the current consolidated fiscal year, the Group recorded impairment losses on the following asset groups: 20 store properties and 2 rental properties. Total impairment losses amounted to ¥801 million.」
Impairment losses increased from ¥645 million in the previous fiscal year to ¥801 million. In addition to 20 store properties, impairment losses were recognized on 2 rental properties, expanding the impairment risk in both amount and scope. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
States that there have been no material changes in the impairment risk at loss-making stores. Impairment losses for the nine months ended the third quarter were ¥43 million, the same amount as disclosed for the previous quarter. - FY2023-Q2MaterialisedAnnual report
「Impairment losses 43」
The company recorded ¥43 million in impairment losses for the six months ended the second quarter, and impairment related to loss-making stores and other properties continues to occur. - FY2023-Q1MaterialisedAnnual report
「Impairment losses 19」
The company recorded ¥19 million in impairment losses in the first quarter, indicating that impairment related to loss-making stores and other properties continues to occur. - FY2022MaterialisedAnnual report
「Because these properties were loss-making, the estimated future cash flows declined, resulting in the recognition of impairment losses.」
For the fiscal year ended March 2022, the company recorded ¥645 million in impairment losses for 30 store properties that became loss-making. Although the amount decreased from ¥1,100 million in the previous fiscal year, impairment losses associated with deteriorating store profitability actually occurred. - FY2022-Q3RestatedAnnual report
「(Material impairment losses on fixed assets) None.」
No material impairment loss on property, plant and equipment was recognized for the nine months ended the third quarter, and no new material impairment related to loss-making stores is disclosed. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes in the impairment risk at loss-making stores. No material impairment loss on property, plant and equipment was reported for the six months ended the second quarter. - FY2022-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no material changes in the impairment risk at loss-making stores. - FY2021-Q2RestatedAnnual report
「(Material impairment losses on fixed assets) None.」
The segment information for the six months ended the second quarter reports no material impairment loss on property, plant and equipment. No new material impairment related to the impairment risk at stores and other properties recognized in the previous fiscal year is disclosed for the current quarter. - FY2020WorsenedAnnual report
「Because these properties were loss-making, the estimated future cash flows declined, resulting in the recognition of impairment losses.」
For the fiscal year ended March 2020, the company recorded ¥604 million in impairment losses for 50 store properties and 1 rental property. Both the amount and number of properties affected increased from ¥336 million in the previous fiscal year, and impairment losses arose at rental properties in addition to stores. - FY2020-Q3RestatedAnnual report
「(Material impairment losses on fixed assets) None.」
The segment information for the nine months ended the third quarter reports no material impairment loss on property, plant and equipment. - FY2019MaterialisedAnnual report
「During the current consolidated fiscal year, the Group recorded impairment losses on the following asset groups: 35 store properties, Sakaiminato store, Ageo 2 Rinkan, and 33 other properties. Total impairment losses amounted to ¥336 million.」
The company recorded ¥336 million in impairment losses for 35 store properties that became loss-making, indicating that impairment risk associated with declining store profitability materialized again during the fiscal year. The amount decreased from ¥500 million in the previous fiscal year, while the number of properties affected increased from 27 to 35. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
States that there have been no material changes in the impairment risk at loss-making stores. - FY2019-Q2MaterialisedAnnual report
「Impairment losses 34」
The company recorded ¥34 million in impairment losses for the six months ended the second quarter, indicating that impairment losses have actually occurred after the previous quarter's segment information reported no material impairment loss on property, plant and equipment. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
States that there have been no material changes in the impairment risk at loss-making stores. The segment information for the first quarter also reports no material impairment loss on property, plant and equipment. - FY2018WorsenedAnnual report
「Because 27 store properties were loss-making, the estimated future cash flows declined, resulting in the recognition of impairment losses. Total impairment losses amounted to ¥500 million.」
The company recorded ¥500 million in impairment losses for 27 store properties and other assets that became loss-making. Both the amount and number of properties affected increased from ¥130 million in the previous consolidated fiscal year, indicating that impairment risk associated with declining store profitability has worsened. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
States that there have been no material changes in the impairment risk at loss-making stores. In the segment information for the nine months ended the third quarter, no material impairment loss on property, plant and equipment was reported. - FY2016MaterialisedAnnual report
「Because these properties were loss-making, the estimated future cash flows declined, resulting in the recognition of impairment losses.」
The company recorded ¥204 million in impairment losses for 15 store properties and other assets, indicating that declining store profitability has emerged as an actual accounting loss.