Valor Holdings Co., Ltd. Announces Impairment Charges for the Three Months Ended June 30,2020
August 13, 2020 at 12:00 am
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Valor Holdings Co., Ltd. announced impairment charges for the three months ended June 30,2020. For the three months, the company reported impairment loss of JPY 93 million compared to JPY 535 million a year ago.
VALOR HOLDINGS CO.,LTD., formerly VALOR CO., LTD., is a Japan-based company engaged in the processing and retail of food and other lifestyle-related goods. The Supermarket segment is mainly engaged in supermarket operation, food processing and wholesale, real estate leasing, warehousing, and mushroom cultivating and wholesale. The Home Center segment is engaged in home center operation. The Drug Store segment is engaged in the operation of drug stores. The Sports Club segment is engaged in the operation of sports clubs. The Logistic Related segment is engaged in the wholesale of food, grocery and commodities, logistics, equipment maintenance, store cleansing and real estate leasing. The Others segment engages in pet shop operation, apparel sale, real estate leasing, insurance agency, spa operations, tourist facilities management, the production and marketing of fruit and horticulture, as well as livestock agriculture. Through its subsidiary, It also engages in fish processing business.