Impairment and Valuation Losses Due to Intensifying Competition and Other Factors
First written in FY2017. 5 of 13 entries say "Materialised", first in FY2017. Latest entry: FY2026.
The whole theme swung hardest in 2020: 51 of 96 companies on the "Worse" side.
- FY2026WorsenedAnnual report
「In the current consolidated fiscal year, we recognized ¥560 million as an impairment loss under extraordinary losses.」
Although the impairment loss decreased from ¥1,304 million in the previous fiscal year to ¥560 million, impairment arose at 10 stores, including the Nagaoka store, as well as at rental properties and a factory, and the risk continues to materialize. - 2026-04-20MitigatedRevision of earnings forecasts
「Impairment losses 1,304 560」
Impairment losses declined from ¥1,304 million in the previous fiscal year to ¥560 million, but were still recorded in the current fiscal year. - FY2024WorsenedAnnual report
「In the current consolidated fiscal year, we recognized ¥406 million as an impairment loss under extraordinary losses.」
The impairment loss increased from ¥243 million in the previous fiscal year to ¥406 million, comprising ¥372 million for the supermarket business and ¥33 million for the drugstore business. - FY2024-Q3MitigatedAnnual report
「Impairment loss 36 -」
The impairment loss of ¥36 million recognized in the same period of the previous year was not recognized in the nine-month period ended 31 December. - FY2024-Q2MitigatedAnnual report
「Impairment loss 12 －」
The impairment loss of ¥12 million recognized in the same period of the previous year was not recognized in the six-month period ended 30 September. - FY2023-Q3MaterialisedAnnual report
「Impairment loss － 36」
An impairment loss of ¥36 million was recognized in the nine-month period ended 31 December, meaning impairment arose in the current fiscal year although none had arisen in the same period of the previous year. - FY2022MaterialisedAnnual report
「For stores, idle assets and common assets whose operating results have remained negative, we reduced the carrying amounts to their recoverable amounts and recorded the resulting reduction of ¥356 million as an impairment loss under extraordinary losses.」
An impairment loss of ¥356 million arose in the current fiscal year for stores with continuing losses, idle assets and common assets. Although the amount decreased from ¥546 million in the same period of the previous year, the risk itself continues to materialize. - FY2022-Q3MitigatedAnnual report
「Impairment loss 161 －」
The impairment loss of ¥161 million recognized in the same period of the previous year was not recognized in the nine-month period ended 31 December. The amount of impairment arising in the current fiscal year in connection with stores and other operations with continuing losses decreased from the same period of the previous year. - FY2021-Q2MaterialisedAnnual report
「Impairment loss － 161」
An impairment loss of ¥161 million was recognized as an extraordinary loss in the six-month period ended 30 September, and impairment relating to stores and other operations with continuing losses also arose in the current fiscal year. - FY2020MitigatedAnnual report
「For stores and idle assets whose operating results have remained negative, we reduced the carrying amounts to their recoverable amounts and recorded the resulting reduction of ¥644 million as an impairment loss under extraordinary losses.」
The impairment loss decreased from ¥750 million in the previous fiscal year to ¥644 million. However, impairment losses relating to stores and other operations with continuing losses still arose in the current fiscal year. - FY2019WorsenedAnnual report
「For stores, rental properties and idle assets whose operating results have remained negative, we reduced the carrying amounts to their recoverable amounts and recorded the resulting reduction of ¥750 million as an impairment loss under extraordinary losses.」
The impairment loss increased from ¥375 million in the previous fiscal year to ¥750 million, indicating a larger scale of risk relating to stores and other operations with continuing losses. - FY2018MaterialisedAnnual report
「For stores, rental properties and idle assets whose operating results have remained negative, we reduced the carrying amounts to their recoverable amounts and recorded the resulting reduction of ¥375 million as an impairment loss under extraordinary losses.」
Impairment risk relating to stores and other operations with continuing losses also materialized in the current fiscal year, with an impairment loss of ¥375 million recognized for 14 stores and other assets. - FY2017MaterialisedAnnual report
「For stores whose operating results have remained negative and for idle assets, we reduced the carrying amounts to their recoverable amounts and recorded the resulting reduction of ¥1,108 million as an impairment loss under extraordinary losses.」
The impairment risk associated with intensified competition and deteriorating profitability is disclosed, and an impairment loss of ¥1,108 million was actually recognized in the current fiscal year for 36 stores and other assets, as well as idle assets.