6. Investment Property 5. Long-lived Assets The Group recognized impairment losses mainly for the exterior wall material business, housing structure business, commercial building  related business, assisted-living condominium business and retail stores which declined in value due mainly to continuous operating losses.  The Group also recognized an impairment loss for idle assets due to the decision to close factories after reexamining production capacity as  part of the structural reform led by the significant change in the trend of demands. The carrying amounts of those assets were written down  to their recoverable amounts and impairment losses were recorded in other expenses in the consolidated statements of operations. The Group recognized impairment losses on the following asset categories for the years ended March 31, 2010 and 2009: The recoverable amounts of these assets were measured based on net selling price or value in use. The net selling price of manufactur- ing facilities of exterior wall materials, manufacturing facilities of housing structures, manufacturing facilities of building materials, assisted- living condominium business and idle assets was calculated based on the appraised value by a real estate appraiser or expected contract  price. The recoverable amounts of retail stores were calculated based on value in use, which was calculated by discounting estimated future  cash flows by an 8.0% discount rate. On November 28, 2008, the ASBJ issued ASBJ Statement No. 20,  “Accounting Standard for Investment Property and Related Disclo- sures,” and issued ASBJ Guidance No. 23, “Guidance on Account- ing Standard for Investment Property and Related Disclosures.”  This accounting standard and the guidance are applicable to  investment property and related disclosures at the end of the fiscal  years ending on or after March 31, 2010. The Group applied the  new accounting standard and guidance effective March 31, 2010. The Group holds some rental properties and idle real estate  such as rental commercial facilities in Tokyo and other areas. Net of  rental income and operating expenses for those rental properties  and idle real estates was ¥1,438 million ($15,459 thousand) for the  fiscal year ended March 31, 2010. Other loss of ¥12,336 million  ($132,586 thousand) was incurred mainly due to impairment losses  for the fiscal year ended March 31, 2010. JS Group Corporation Annual Report 2010 68 Millions of Yen Thousands of U.S. Dollars Category Related Assets Location 2010 2009 2010 Manufacturing facilities of exterior wall materials Buildings and structures Ibaraki, etc. ¥ 995 Machinery and equipment Ibaraki, etc. ¥ 40 2,392 $ 435 Lease assets Ibaraki, etc. 2 31 23 Other Ibaraki, etc. 34 124 367 Manufacturing facilities of housing structures Buildings and structures Aichi, etc. 12 Machinery and equipment  Aichi, etc. 343 Kanagawa, etc. 15 161 Other Aichi, etc. 34 Kanagawa, etc. 3 36 Manufacturing facilities of building materials Buildings and structures Ibaraki, etc. 2 52 16 Machinery and equipment Ibaraki, etc. 38 132 410 Lease assets Ibaraki, etc. 9 10 101 Other Ibaraki, etc. 29 85 308 Assisted-living condominium business Buildings and structures Fukuoka, etc. 1,620 1,088 17,412 Land Fukuoka, etc. 466 330 5,012 Other Fukuoka, etc. 26 8 283 Retail stores Buildings and structures Chiba, etc. 98 Tochigi, etc. 358 3,848 Machinery and equipment Tochigi, etc. 3 30 Land Chiba, etc. 32 Other Chiba, etc. 38 Tochigi, etc. 172 1,847 Idle assets, etc. Buildings and structures Shiga, etc. 226 Kyoto, etc. 1,480 15,905 Machinery and equipment Kyoto, etc. 157 1,682 Land Kyoto, etc. 10,663 114,607 Other Shiga, etc. 593 Kyoto, etc. 5 53 Total ¥15,122 ¥6,623 $162,536