Impairment Risk for Store Assets
First written in FY2017. 10 of 13 entries say "Materialised", first in FY2019-Q3. Latest entry: FY2026.
Belc moved to the "Worse" side of this theme in 2019, 2 years after the typical company in this theme (2017).
The whole theme swung hardest in 2017: 10 of 13 companies on the "Worse" side.
4 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「In light of business trends, an impairment loss of ¥704 million on 1 underperforming store has been recognized as an extraordinary loss.」
No impairment loss was recognized in the previous fiscal year, but an impairment loss of ¥704 million was recognized on 1 underperforming store in the current fiscal year. - FY2024No impairment loss in the current periodAnnual report
「There were no applicable items for the consolidated fiscal year from 1 March 2023 to 29 February 2024.」
The disclosure states that an impairment loss of ¥112 million was recognized on store assets in the previous fiscal year, while no impairment loss was recognized in the current fiscal year. - FY2023MaterialisedAnnual report
「In light of business trends, an impairment loss of ¥112 million on 1 underperforming store has been recognized as an extraordinary loss.」
An impairment loss of ¥112 million was recognized on 1 underperforming store, meaning that the impairment risk for store assets materialized during the current fiscal year. - FY2022MaterialisedAnnual report
「Based on business performance trends, the company recognized ¥157 million in impairment losses as an extraordinary loss for 1 underperforming store.」
The company recognized ¥157 million in impairment losses on 1 underperforming store, demonstrating that the impairment risk for store assets materialized during the fiscal year. - FY2021MaterialisedAnnual report
「The company recognized ¥35 million in impairment losses on stores scheduled to close in the following fiscal year, as well as ¥330 million in impairment losses as an extraordinary loss for 1 underperforming store, based on business performance trends.」
In addition to ¥35 million in impairment losses on stores scheduled to close in the following fiscal year, the company recognized ¥330 million in impairment losses on 1 underperforming store, bringing impairment losses for the fiscal year to ¥365 million. - FY2021-Q3MaterialisedAnnual report
「The company recognized ¥35 million in impairment losses and ¥10 million in provision for store closure losses as extraordinary losses for stores scheduled to close in the following fiscal year.」
The company recognized ¥35 million in impairment losses on stores scheduled to close in the following fiscal year. - FY2020MaterialisedAnnual report
「Based on business performance trends, the company recognized ¥282 million in impairment losses as an extraordinary loss for 2 underperforming stores.」
The company recognized ¥282 million in impairment losses on 2 underperforming stores, demonstrating that the impairment risk for store assets materialized during the fiscal year. - FY2019MaterialisedAnnual report
「The company recognized ¥225 million in impairment losses and ¥123 million in provision for store closure losses for stores scheduled to close in the following fiscal year, as well as ¥380 million in impairment losses as an extraordinary loss for 1 underperforming store, based on business performance trends.」
In addition to ¥225 million in impairment losses on stores scheduled to close in the following fiscal year, the company recognized ¥380 million in impairment losses on 1 underperforming store, bringing impairment losses for the fiscal year to ¥605 million. - FY2019-Q3MaterialisedAnnual report
「The company recognized ¥349 million in extraordinary losses for stores scheduled to close in the following fiscal year. This comprised ¥225 million in impairment losses and ¥123 million in provision for store closure losses.」
The company recognized ¥225 million in impairment losses on stores scheduled to close in the following fiscal year, demonstrating that the impairment risk for store assets materialized. - FY2018RestatedAnnual report
「If impairment accounting for operating fixed assets requires impairment losses to be recognized on fixed assets held by the Company and the Group, this could affect their results.」
The company continues to describe the risk of an impact on results if impairment losses become necessary for fixed assets held primarily for stores. - FY2017First statedAnnual report
「If impairment accounting for operating fixed assets requires impairment losses to be recognized on fixed assets held by the Company and the Group, this could affect their results.」
The company states that, for buildings and land held by the retail business to operate stores, impairment losses could affect results.