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Sekichu (9976) · RiskMaterialised

Risk of impairment of fixed assets

First written in FY2017. 10 of 24 entries say "Mitigated", first in FY2020. Latest entry: FY2027-H1.

24entries
10years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseMaterialisedFY2018 – FY2020-Q3MitigatedFY2020 – FY2021MitigatedFY2023 – FY20252017: 320172018: 320182019: 320192020: 320202021: 320212022: 320222023: 220232024: 220242025: 120252026: 12026
Same theme, other companies
Deteriorating Profitability Due to Price Competition and Impairment of Fixed AssetsA theme 3 companies write about · 3 as a headwind · 0 as a tailwind

Sekichu moved to the "Worse" side of this theme in 2017.

0 other companies' latest entry also says "Materialised".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1MaterialisedAnnual report

    「Impairment loss — 31,351」

    The company recorded an impairment loss of ¥31.351 million in the current interim accounting period, compared with none in the previous interim accounting period.
  2. FY2025MitigatedAnnual report

    「Impairment loss 45,605 9,053」

    Impairment loss for the current fiscal year amounted to ¥9.053 million, a substantial decrease from ¥45.605 million in the previous fiscal year.
  3. FY2025-H1MitigatedAnnual report

    「Impairment loss 2,646 —」

    An impairment loss of ¥2.646 million was recorded in the previous interim accounting period, whereas no impairment loss was recorded in the current interim accounting period.
  4. FY2024MitigatedAnnual report

    「Net income amounted to ¥510 million, up 7.0% year on year, following the recognition of an impairment loss of ¥45 million.」

    Although an impairment loss of ¥45.605 million was incurred, its scale was smaller than the ¥82.031 million recorded in the previous fiscal year.
  5. FY2024-Q3MitigatedAnnual report

    「Extraordinary loss Impairment loss 47,368 2,646」

    Impairment loss for the cumulative third quarter amounted to ¥2.646 million, a substantial decrease from ¥47.368 million in the same period of the previous year. Although impairment of fixed assets occurred, the scale was smaller.
  6. FY2023MitigatedAnnual report

    「Net income was ¥477 million following the recognition of an impairment loss of ¥82 million and cancellation losses of ¥29 million.」

    Impairment of fixed assets continued to occur, but the impairment loss declined from ¥193.243 million in the previous fiscal year to ¥82.031 million.
  7. FY2023-Q3WorsenedAnnual report

    「Impairment loss 30,046 47,368」

    The impairment loss for the nine months ended was ¥47.368 million, up from ¥30.046 million in the same period of the previous year. Impairment of fixed assets continued to occur and increased in scale.
  8. FY2023-Q2MitigatedAnnual report

    「Impairment loss 30,046 15,582」

    The impairment loss declined from ¥30.046 million in the same period of the previous year to ¥15.582 million, but impairment of fixed assets continued to occur.
  9. FY2022WorsenedAnnual report

    「Net income was ¥183 million, down 70.7% year on year, following the recognition of an impairment loss of ¥193 million and an increase in the provision for cancellation losses of ¥123 million.」

    The impairment loss on fixed assets was ¥193.243 million, up from ¥83.087 million in the previous fiscal year.
  10. FY2022-Q3RestatedAnnual report

    「Impairment loss — 30,046」

    The impairment loss for the nine months ended was ¥30.046 million, the same amount as in the cumulative period of the previous quarter.
  11. FY2022-Q2MaterialisedAnnual report

    「Impairment loss — 30,046」

    The company recognized an impairment loss of ¥30.046 million in the six months ended, indicating that impairment of fixed assets, which had declined in the previous fiscal year, has recurred.
  12. FY2021MitigatedAnnual report

    「Net income for the period was ¥626 million, up 116.9% year on year, following the recognition of an impairment loss of ¥83 million and a valuation loss on investment securities of ¥35 million.」

    The impairment loss was ¥83.087 million, down from ¥113.509 million in the previous period.
  13. FY2021-Q3MitigatedAnnual report

    「Impairment loss 37,475 —」

    The ¥37.475 million impairment loss recognized in the same period of the previous year was not recognized in the nine months ended, reducing the impairment amount to zero.
  14. FY2021-Q2MitigatedAnnual report

    「Impairment loss 20,391 —」

    No impairment loss was recognized in the six months ended, reducing the impairment loss from ¥20.391 million in the same period of the previous year to zero.
  15. FY2020MitigatedAnnual report

    「Net income for the period was ¥288 million, following the recognition of an impairment loss of ¥113 million, compared with a net loss of ¥1.632 billion in the same period of the previous year.」

    Impairment of fixed assets continued, with an impairment loss of ¥113.509 million recognized, but the amount was substantially lower than the ¥2.05237 billion impairment loss recorded in the previous period.
  16. FY2020-Q3WorsenedAnnual report

    「In the home improvement business segment, an impairment loss on business assets whose recoverability was no longer considered probable due to decisions to close stores and other factors was recognized as an extraordinary loss. The impairment loss amounted to ¥37.475 million.」

    The impairment loss associated with store closures and other factors was ¥37.475 million, up from ¥1.637 million in the same period of the previous year and ¥20.391 million in the cumulative period of the previous quarter.
  17. FY2020-Q2WorsenedAnnual report

    「Impairment loss 20,391」

    The impairment loss for the six months ended was ¥20.391 million, up from ¥1.637 million in the same period of the previous year, indicating that impairment of fixed assets continues to occur in practice.
  18. FY2019MaterialisedAnnual report

    「An impairment loss of ¥2.052 billion was recognized on certain stores and idle assets for which declining profitability was expected, resulting in」

    The company recognized an impairment loss of ¥2.05237 billion on certain stores and idle assets, indicating that impairment of fixed assets occurred on a substantial scale.
  19. FY2019-Q3MaterialisedAnnual report

    「In the home improvement business segment, an impairment loss on business assets whose recoverability was no longer considered probable following the decision to close stores was recognized as an extraordinary loss. The impairment loss amounted to ¥1.637 million.」

    The company recognized an impairment loss of ¥1.637 million on fixed assets resulting from the decision to close stores during the nine months ended, indicating that impairment continues to occur in practice.
  20. FY2019-Q2MaterialisedAnnual report

    「Impairment loss 1,637」

    The company recognized an impairment loss of ¥1.637 million in the six months ended, indicating that impairment of fixed assets continues to occur in practice.
  21. FY2018MaterialisedAnnual report

    「Net income for the period was ¥180 million, down 64.4% year on year, following the recognition of an impairment loss of ¥82 million, down 37.5% year on year, and total income taxes of ¥93 million, down 62.7%.」

    In connection with the risk of impairment of fixed assets, the company recognized a full-year impairment loss of ¥82.092 million.
  22. FY2018-Q3RestatedAnnual report

    「In the home improvement business segment, an impairment loss on business assets whose recoverability was no longer considered probable following the decision to close stores was recognized as an extraordinary loss. The impairment loss amounted to ¥26.627 million.」

    The company continued to report an impairment loss of ¥26.627 million on business assets resulting from the decision to close stores in the segment information for the quarter.
  23. FY2018-Q2MaterialisedAnnual report

    「In the home improvement business segment, an impairment loss on business assets whose recoverability was no longer considered probable following the decision to close stores was recognized as an extraordinary loss. The impairment loss amounted to ¥26.627 million.」

    Following the decision to close stores, the company recognized an impairment loss of ¥26.627 million on business assets whose recoverability was no longer considered probable.
  24. FY2017MaterialisedAnnual report

    「Net income for the period was ¥508 million, up 6.3% year on year, following the recognition of an impairment loss of ¥131 million, down 35.2% year on year, and total income taxes of ¥322 million, down 5.4%.」

    While disclosing the possibility of impairment losses due to intensifying competition and other factors as a risk, the company recognized an impairment loss of ¥131.41 million during the period.
Moved together

"Performance Trend of Declining Revenue and Rising Earnings" moved the same way as this thread, in the same document, in 7 of its 24 moves.

755555★123456
  1. ★This thread
  2. 1Performance Trend of Declining Revenue and Rising Earnings7×
  3. 2Uncertainty in Overseas Economies, Foreign Exchange and Stock Markets5×
  4. 3Expanding real estate rental income through newly attracted tenants5×
  5. 4¥15 Dividend per Share and ¥5 Commemorative Dividend5×
  6. 5Reduction of Delivery Freight, Utilities, and Other Costs5×
  7. 6Improving Funding Efficiency and Reducing Finance Costs5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Risk of impairment of fixed assets | SEKICHU CO.,LTD. (9976) | Komori