Impairment and Store Closure Losses Relating to Stores Scheduled to Close in the Next Period
First written in FY2019-Q3. 4 of 12 entries say "Materialised", first in FY2019-Q3. Latest entry: FY2027-H1.
The whole theme swung hardest in 2017: 13 of 19 companies on the "Worse" side.
4 other companies' latest entry also says "Other".
- FY2027-H1Addition of completed store closuresAnnual report
「We closed the Green Walk Store in Hachioji, Tokyo, in May 2026 and the Harbor City Store in Chiba, Chiba Prefecture, in July. As of the end of August 2026, the number of stores was 151 in total, comprising 147 Belc stores and 4 Qulbe stores.」
The filing reports that 2 stores were closed in May and July 2026. It does not explicitly state that losses on store closures were recorded. - FY2026-H1No provision for store closure losses recorded in the interim periodAnnual report
「Expense for provision for store closure losses 16 —」
The ¥16 million expense for the provision for store closure losses recorded in the previous interim period was not recorded in the current interim consolidated fiscal period. - FY2025-H1MaterialisedAnnual report
「Expense for provision for store closure losses — 16」
An expense of ¥16 million for the provision for store closure losses was recorded for the current interim consolidated fiscal period. - FY2024Update to full-year completed store closuresAnnual report
「The Kamisato SC store in Kamisato, Kodama District, Saitama Prefecture, was closed in August, bringing the number of stores to 138 as of the end of February 2024.」
The full-year report updates the record of the Kamisato SC store’s closure in August 2023. - FY2024-Q2Addition of completed store closuresAnnual report
「The Kamisato SC store in Kamisato, Kodama District, Saitama Prefecture, was closed in August, bringing the number of stores to 134 as of the end of August 2023.」
The closure of the Kamisato SC store in August 2023 is reported. The text does not explicitly state a direct connection with previously reported store closure losses. - FY2022-Q2Addition of completed store closuresAnnual report
「The Sateminami store in Satte, Saitama Prefecture, was closed in March 2021, bringing the number of stores to 123 as of the end of August 2021.」
The closure of the Sateminami store in March 2021 is reported. The text does not explicitly state a direct connection with losses related to stores previously reported as closed. - 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.」
The company recorded a ¥35 million impairment loss for stores scheduled to close in the following fiscal year, and an additional ¥330 million impairment loss for 1 underperforming store. - 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.」
For stores scheduled to close in the following fiscal year, the company recorded a ¥35 million impairment loss and a ¥10 million expense for the provision for store closure losses. - FY2020Update to full-year completed store closuresAnnual report
「Following the closure of the Isesaki Smark store in Isesaki, Gunma Prefecture, in August, the number of stores stood at 116 as of the end of February 2020.」
The full-year store network results, including the closure of the Isesaki Smark store, have been updated in connection with the closure policy reported in the previous period. - FY2020-Q2Addition of completed store closuresAnnual report
「Following the closure of the Isesaki Smark store in Isesaki, Gunma Prefecture, in August, the number of stores stood at 112 as of the end of August 2019.」
The closure of the Isesaki Smark store in Isesaki, Gunma Prefecture, in August 2019 is reported. The text does not explicitly state whether it was the same store as one scheduled for closure in the previous period. - FY2019RestatedAnnual 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.」
The full-year figures also confirm the recording of a ¥225 million impairment loss and a ¥123 million provision for store closure losses related to stores scheduled to close in the following fiscal year. The ¥380 million impairment loss on 1 additional underperforming store was reflected in the impairment risk for store assets. - 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.」
For stores scheduled to close in the following fiscal year, the company recorded an extraordinary loss of ¥349 million, an impairment loss of ¥225 million and an expense of ¥123 million for the provision for store closure losses.