Additional Impairment Risk Relating to Low-Profitability Stores
First written in FY2016. 33 of 34 entries say "Materialised", first in FY2017-Q2. Latest entry: 2026-08-07.
Valor Holdings moved to the "Worse" side of this theme in 2016, 4 years before the typical company in this theme (2020).
The whole theme swung hardest in 2025: 43 of 77 companies on the "Worse" side.
60 other companies' latest entry also says "Materialised".
- 2026-08-07MaterialisedEarnings
「For fixed assets related to stores scheduled for closure after the end of the first-quarter consolidated cumulative period, impairment losses of ¥34 million in the supermarket business segment, ¥45 million in the drugstore business segment and negative ¥1 million in the home improvement center business segment were recorded.」
In addition to impairment losses related to stores scheduled for closure and other locations, impairment losses on goodwill were recorded in the supermarket, drugstore and home improvement center businesses. - FY2026MaterialisedAnnual report
「Impairment losses of ¥3,454 million were recorded during the current consolidated fiscal year.」
Impairment losses on stores and other assets totaled ¥3,454 million for the full fiscal year. By business, impairment losses in the Drugstore Business increased from the previous fiscal year to ¥2,044 million. - 2026-05-13MaterialisedEarnings
「Impairment losses 3,447 3,454」
Impairment losses for the fiscal year totaled ¥3.454 billion and were recorded for the second consecutive year. - FY2026-H1MaterialisedAnnual report
「During the current interim consolidated accounting period, impairment losses were recorded on fixed assets related to stores scheduled for closure after the end of the period and other stores: ¥59 million in the Supermarket (SM) Business segment, ¥45 million in the Drugstore Business segment, and ¥6 million in the Home Center (HC) Business segment.」
Impairment losses arose in connection with stores scheduled for closure and other stores, totaling ¥59 million in the SM Business, ¥45 million in the Drugstore Business, and ¥6 million in the HC Business. Impairment losses on goodwill were also recorded in each business. - FY2025-H1MaterialisedAnnual report
「During the current interim consolidated accounting period, impairment losses were recorded on stores scheduled for closure: ¥416 million in the Supermarket (SM) Business segment, ¥225 million in the Drugstore Business segment, ¥3 million in the Sports Club Business segment, and ¥67 million in Other.」
Impairment losses totaling ¥711 million were recorded in connection with stores scheduled for closure and other assets, and impairment losses continued to arise in connection with low-profitability stores and other assets. - FY2024-Q3MaterialisedAnnual report
「During the third quarter of the current consolidated cumulative period, impairment losses were recorded on stores scheduled for closure: ¥455 million in the Supermarket (SM) Business segment, ¥270 million in the Drugstore Business segment, ¥152 million in the Sports Club Business segment, and ¥99 million in Other.」
Impairment losses totaling ¥976 million were recorded on stores scheduled for closure and other assets, and additional impairment losses actually arose in connection with low-profitability stores and other assets. - FY2024-Q2MaterialisedAnnual report
「During the second quarter of the current consolidated cumulative period, impairment losses were recorded on stores scheduled for closure: ¥416 million in the Supermarket (SM) Business segment, ¥225 million in the Drugstore Business segment, ¥3 million in the Sports Club Business segment, and ¥67 million in Other.」
Impairment losses totaling ¥711 million were recorded on stores scheduled for closure and other assets, and additional impairment losses continued to arise in connection with low-profitability stores and other assets. - FY2024-Q1MaterialisedAnnual report
「During the first quarter of the current consolidated cumulative period, impairment losses were recorded on stores scheduled for closure: ¥175 million in the Supermarket (SM) Business segment, ¥3 million in the Sports Club Business segment, and ¥67 million in Other.」
Impairment losses totaling ¥245 million were recorded on stores scheduled for closure and other assets, and additional impairment losses continued to arise in connection with low-profitability stores and other assets. - FY2023MaterialisedAnnual report
「During the current consolidated fiscal year, the company recorded ¥5,939 million in impairment losses. …The impairment losses comprised ¥3,192 million in the Sports Club Business, ¥1,166 million in the Supermarket Business and ¥1,016 million in the Drugstore Business.」
Additional impairment losses on stores and other assets totaled ¥5,939 million for the full fiscal year, up from ¥3,308 million in the previous fiscal year. - FY2023-Q3MaterialisedAnnual report
「In the first 9 months of the current fiscal year, the company recorded impairment losses on stores scheduled for closure of ¥13 million in the Supermarket (SM) Business segment, ¥31 million in the Drugstore Business segment, ¥41 million in the Home Center (HC) Business segment, ¥283 million in the Sports Club Business segment and ¥0 million in Other.」
The company recorded total impairment losses of ¥368 million on stores and other assets scheduled for closure, indicating that additional impairment continued to materialize. Impairment in the Sports Club Business amounted to ¥283 million. - FY2023-Q2MaterialisedAnnual report
「In the first 6 months of the current fiscal year, the company recorded impairment losses on stores scheduled for closure of ¥13 million in the Supermarket (SM) Business segment, ¥10 million in the Drugstore Business segment, ¥41 million in the Home Center (HC) Business segment, ¥260 million in the Sports Club Business segment and ¥0 million in Other.」
The company recorded total impairment losses of ¥324 million on stores and other assets scheduled for closure, indicating that additional impairment continued to materialize. Impairment in the Sports Club Business accounted for a substantial portion, at ¥260 million. - FY2023-Q1MaterialisedAnnual report
「In the first 3 months of the current fiscal year, the company recorded impairment losses on stores scheduled for closure of ¥4 million in the Supermarket (SM) Business segment, ¥9 million in the Drugstore Business segment, ¥34 million in the Home Center Business segment and ¥258 million in the Sports Club Business segment.」
The company recorded total impairment losses of ¥305 million on stores and other assets scheduled for closure, indicating that additional impairment related to underperforming stores and other assets materialized. - FY2022-Q3MaterialisedAnnual report
「In the first 9 months of the current fiscal year, the company recorded impairment losses on stores scheduled for closure of ¥602 million in the Supermarket (SM) Business segment, ¥29 million in the Drugstore Business segment, ¥49 million in the Sports Club Business segment and ¥73 million in Other.」
The company recorded total impairment losses of ¥753 million on stores and other assets scheduled for closure, indicating that additional impairment materialized. - FY2022-Q2MaterialisedAnnual report
「In the first 6 months of the current fiscal year, the company recorded impairment losses on stores scheduled for closure of ¥338 million in the Supermarket (SM) Business segment, ¥49 million in the Sports Club Business segment and ¥73 million in Other.」
The company recorded impairment losses of ¥338 million in the SM Business, ¥49 million in the Sports Club Business and ¥73 million in Other, for a total of ¥460 million, on stores and other assets scheduled for closure. - FY2022-Q1MaterialisedAnnual report
「In the first 3 months of the current fiscal year, the company recorded impairment losses on stores scheduled for closure of ¥136 million in the Supermarket (SM) Business segment, ¥2 million in the Sports Club Business segment and ¥73 million in Other.」
The company recorded total impairment losses of ¥211 million on stores and other assets scheduled for closure across the SM, Sports Club and Other businesses, indicating that additional impairment materialized. - FY2021MaterialisedAnnual report
「The company recorded ¥4,751 million in extraordinary losses. The main components were ¥2,843 million in impairment losses under the Accounting Standard for Impairment of Fixed Assets and ¥702 million in losses from voluntary business suspensions.」
The company recorded ¥2,843 million in impairment losses on underperforming stores and other assets for the full fiscal year. Although this was down from ¥3,065 million in the previous fiscal year, additional impairment continued to materialize. - FY2021-Q3MaterialisedAnnual report
「In the first 9 months of the current fiscal year, the company recorded impairment losses on stores scheduled for closure of ¥71 million in the Supermarket (SM) Business segment, ¥100 million in the Drugstore Business segment, ¥5 million in the Home Center (HC) Business segment, ¥151 million in the Sports Club Business segment and ¥9 million in Other.」
The company recorded total impairment losses of ¥336 million on stores and other assets scheduled for closure, indicating that additional impairment related to underperforming stores materialized. - FY2021-Q2MaterialisedAnnual report
「In the first 6 months of the current fiscal year, the company recorded impairment losses on stores scheduled for closure of ¥47 million in the Supermarket (SM) Business segment, ¥66 million in the Drugstore Business segment, ¥5 million in the Home Center (HC) Business segment, ¥102 million in the Sports Club Business segment and ¥9 million in Other.」
The company recorded total impairment losses of ¥231 million on stores and other assets scheduled for closure across the SM, Drugstore, HC, Sports Club and Other businesses, indicating that additional impairment materialized. - FY2021-Q1MaterialisedAnnual report
「In the first 3 months of the current fiscal year, the company recorded impairment losses on stores scheduled for closure of ¥8 million in the Supermarket (SM) Business segment, ¥53 million in the Drugstore Business segment, ¥22 million in the Sports Club Business segment and ¥9 million in Other.」
The company recorded impairment losses on stores and other assets scheduled for closure in the SM, Drugstore, Sports Club and Other businesses, indicating that additional impairment materialized. - FY2020MaterialisedAnnual report
「The main components of extraordinary losses were ¥3,065 million in impairment losses under the Accounting Standard for Impairment of Fixed Assets, ¥365 million in losses from the disaster and ¥272 million in losses from voluntary business suspensions.」
The company recorded ¥3,065 million in impairment losses on underperforming stores and other assets for the full fiscal year, indicating that the additional impairment risk continued to materialize. - FY2020-Q3MaterialisedAnnual report
「As a result of decisions to close stores and terminate leases for properties scheduled for closure in order to improve asset efficiency, the company recorded ¥583 million in impairment losses as an extraordinary loss. It also recorded ¥388 million in losses from the disaster as an extraordinary loss in connection with the repair and restoration of damage caused by Typhoon No. 19 of Reiwa 1 within the Allenza Group.」
In connection with decisions to close stores and terminate leases for properties scheduled for closure, the company recorded ¥583 million in impairment losses, indicating that additional impairment related to underperforming stores and other assets occurred. - FY2020-Q2MaterialisedAnnual report
「As a result of decisions to close stores and terminate leases for properties scheduled for closure in order to improve asset efficiency, the company recorded ¥675 million in impairment losses as an extraordinary loss.」
In connection with decisions to close stores and terminate leases for properties scheduled for closure, the company recorded ¥675 million in impairment losses, comprising ¥591 million in the SM Business, ¥57 million in the Drugstore Business and ¥26 million in the Home Center Business. - FY2020-Q1MaterialisedAnnual report
「In the first 3 months of the current fiscal year, the Supermarket (SM) Business segment recorded ¥510 million in impairment losses on stores scheduled for closure. The Drugstore Business segment also recorded ¥25 million in impairment losses on stores scheduled for closure.」
The company recorded impairment losses of ¥510 million in the SM Business and ¥25 million in the Drugstore Business, for a total of ¥535 million, on stores scheduled for closure. - FY2019MaterialisedAnnual report
「Although ordinary income increased from the previous fiscal year, the company recorded ¥2,707 million in impairment losses on fixed assets as an extraordinary loss under the Accounting Standard for Impairment of Fixed Assets, and net income attributable to owners of the parent fell below the initial plan.」
The company recorded ¥2,707 million in impairment losses on fixed assets for the full fiscal year, indicating that impairment related to underperforming stores and other assets continued to materialize. - FY2019-Q3MaterialisedAnnual report
「In the first 9 months of the current fiscal year, the company recorded impairment losses of ¥264 million in the Supermarket (SM) Business segment and ¥56 million in the Drugstore Business segment on stores approved for closure.」
The company recorded impairment losses of ¥264 million in the SM Business and ¥56 million in the Drugstore Business on stores approved for closure, indicating that additional impairment continued to materialize. - FY2019-Q2MaterialisedAnnual report
「In the first 6 months of the current fiscal year, the company recorded impairment losses of ¥234 million in the Supermarket (SM) Business segment and ¥56 million in the Drugstore Business segment on stores approved for closure.」
The company recorded impairment losses of ¥234 million in the SM Business and ¥56 million in the Drugstore Business, for a total of ¥290 million, on stores approved for closure. - FY2019-Q1MaterialisedAnnual report
「In the first 3 months of the current fiscal year, the Drugstore Business segment recorded ¥56 million in impairment losses on stores scheduled for closure.」
The company recorded ¥56 million in impairment losses on stores scheduled for closure, indicating that impairment related to underperforming stores materialized. - FY2018MaterialisedAnnual report
「During the current consolidated fiscal year, the Group recorded impairment losses on the following asset groups. Total: ¥2,943 million.」
The company recorded ¥2,943 million in impairment losses on underperforming stores and other assets for the full fiscal year, a substantial increase from ¥663 million in the previous fiscal year. - FY2018-Q3MaterialisedAnnual report
「In the first 9 months of the current fiscal year, the Supermarket (SM) Business and Drugstore Business segments recorded impairment losses of ¥120 million and ¥19 million, respectively, on stores and other assets scheduled for closure.」
The company recorded impairment losses of ¥120 million in the SM Business and ¥19 million in the Drugstore Business, for a total of ¥139 million, on stores and other assets scheduled for closure. - FY2018-Q2MaterialisedAnnual report
「In the first 6 months of the current fiscal year, the Supermarket (SM) Business segment recorded ¥61 million in impairment losses on stores scheduled for closure.」
The company recorded ¥61 million in impairment losses on stores scheduled for closure, indicating that additional impairment materialized. - FY2017MaterialisedAnnual report
「During the current consolidated fiscal year, the Group recorded impairment losses on the following asset groups. Total: ¥663 million.」
The company recorded ¥663 million in impairment losses on underperforming stores and other assets for the full fiscal year, indicating that the additional impairment risk materialized. - FY2017-Q3MaterialisedAnnual report
「Impairment losses 10」
The company recorded ¥10 million in impairment losses in the first 9 months of the current fiscal year, indicating that impairment related to underperforming stores and other assets continued to materialize. - FY2017-Q2MaterialisedAnnual report
「Impairment losses 4」
The company recorded ¥4 million in impairment losses in the consolidated income statement for the first six months of the current fiscal year, indicating that the additional impairment risk materialized on a small scale. - FY2016First statedAnnual report
「If further impairment becomes necessary for underperforming stores and other assets in the following fiscal year or thereafter, or depending on future land-price trends, the Group's operating performance and financial position could be further affected.」
Although the company recorded ¥681 million in impairment losses in the current fiscal year, it identifies the possibility of additional impairment losses in the future as a risk.