Impairment Losses Relating to Unprofitable Stores
First written in FY2016. 5 of 15 entries say "Materialised", first in FY2016. Latest entry: FY2026.
Makiya 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 2024: 19 of 32 companies on the "Worse" side.
10 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Shizuoka Prefecture Stores 4 stores Buildings and other assets ¥40.738 million Kanagawa Prefecture Stores 1 store Buildings and other assets ¥34.846 million Total ¥75.585 million」
Both the number of stores affected and the impairment loss amount decreased, from 8 stores and ¥161.350 million in the previous fiscal year to 5 stores and ¥75.585 million in the current fiscal year. - 2026-05-12MitigatedEarnings
「Impairment loss 75,585」
Impairment loss declined from ¥161.350 million in the previous fiscal year to ¥75.585 million. - FY2025Lower impairment losses, more stores affectedAnnual report
「Shizuoka Prefecture Stores 7 stores Buildings and other assets ¥25.274 million Saitama Prefecture Stores 1 store Buildings and other assets ¥136.076 million Total ¥161.350 million」
Impairment losses declined from ¥292.855 million for 6 stores in the previous fiscal year to ¥161.350 million for 8 stores in the current fiscal year. The number of stores affected increased, while the loss amount decreased. - FY2024WorsenedAnnual report
「Shizuoka Prefecture Stores 6 stores Buildings and other assets ¥292.855 million」
Impairment losses on unprofitable stores increased substantially from ¥65.703 million for 7 stores in the previous fiscal year to ¥292.855 million for 6 stores in the current fiscal year. The number of stores affected decreased, while the loss amount increased significantly. - FY2023Lower impairment losses and more stores affectedAnnual report
「Shizuoka Prefecture Stores 7 stores Buildings and other assets ¥65.703 million Total ¥65.703 million」
Impairment losses on unprofitable stores declined from ¥78.761 million for 6 stores in the previous fiscal year to ¥65.703 million for 7 stores in the current fiscal year. The number of stores affected increased, while the loss amount decreased. - FY2021MitigatedAnnual report
「Shizuoka Prefecture Stores 6 stores Buildings and other assets ¥74.285 million Total ¥74.285 million」
Impairment losses declined from ¥356.798 million for 8 stores in the previous fiscal year to ¥74.285 million for 6 stores in Shizuoka Prefecture in the current fiscal year. The risk remains, but both the amount recognized and the number of stores affected decreased. - FY2020WorsenedAnnual report
「Shizuoka Prefecture Stores 7 stores Buildings and other assets ¥75.096 million Kanagawa Prefecture Stores 1 store Buildings and other assets ¥281.701 million Total ¥356.798 million」
Impairment losses increased from ¥272.643 million in the previous fiscal year to ¥356.798 million. The affected stores comprised 7 stores in Shizuoka Prefecture and 1 store in Kanagawa Prefecture, for a total of 8 stores, and the loss amount increased. - FY2020-Q3MaterialisedAnnual report
「Store closure losses － 6,849」
For the nine-month period, the Company recognized ¥6.849 million in store closure losses, confirming that losses associated with store closures have actually occurred. - FY2020-Q2MaterialisedAnnual report
「Store closure losses － 6,487」
For the six-month period, the Company recognized ¥6.487 million in store closure losses and closed the Potato Umeyana store. Losses associated with store closures have actually occurred. - FY2019Lower impairment losses and more stores affectedAnnual report
「Shizuoka Prefecture Stores 12 stores Buildings and other assets ¥272.643 million」
Impairment losses on unprofitable stores declined from ¥545.360 million for 9 stores in the previous fiscal year to ¥272.643 million for 12 stores in Shizuoka Prefecture in the current fiscal year. The number of stores affected increased, while the loss amount decreased. - FY2018WorsenedAnnual report
「The Group recognized impairment losses on the following asset groups. Location Shizuoka Prefecture Stores 7 stores Buildings and other assets ¥480.900 million Yamanashi Prefecture Stores 2 stores Buildings and other assets ¥64.459 million Total ¥545.360 million」
For stores that continued to report operating losses, impairment losses increased from ¥320.930 million for 5 stores in the previous fiscal year to ¥545.360 million for 7 stores in Shizuoka Prefecture and 2 stores in Yamanashi Prefecture, for a total of ¥545.360 million in the current fiscal year. - FY2017WorsenedAnnual report
「For the fiscal year, the Company reduced the carrying amounts of store assets in 5 stores in Shizuoka Prefecture that had continued to report operating losses to their recoverable amounts, and recognized ¥320.930 million in impairment losses as an extraordinary loss.」
Impairment losses increased from ¥17.334 million for 2 stores in the previous fiscal year to ¥320.930 million for 5 stores in the current fiscal year, making the risk more material in actual results. - FY2017-Q3MaterialisedAnnual report
「Store closure losses 11,963」
For the nine-month period, the Company recognized ¥11.963 million in store closure losses and recorded a ¥10.032 million provision for store closure losses on the balance sheet. The closure of the Gyomu Super Yomogizawa Kofu store was also disclosed. - FY2017-Q1MaterialisedAnnual report
「Provision for store closure losses」
During the quarter, the Company recognized ¥6.079 million in provision expense for store closure losses as an extraordinary loss, confirming that losses associated with store closures have actually occurred. - FY2016MaterialisedAnnual report
「The Group applies the Accounting Standard for Impairment of Fixed Assets. Depending on store profitability, trends in real estate values and other factors, it may be necessary to recognize significant impairment losses, which could affect the operating results of the Group.」
During the fiscal year, the Company recognized ¥17.334 million in impairment losses on 2 stores that had continued to report operating losses, providing an actual instance corresponding to the disclosed risk.