Delay in 株式会社ジーエスケー's Earnings Improvement and Goodwill Impairment
First written in FY2017. 4 of 7 entries say "Mitigated", first in FY2020-Q1. Latest entry: FY2022.
The whole theme swung hardest in 2024: 36 of 89 companies on the "Worse" side.
25 other companies' latest entry also says "Mitigated".
- FY2022MitigatedAnnual report
「As all shares of 株式会社ジーエスケー and グランドスタッフ株式会社 were transferred, the companies were excluded from the scope of consolidation.」
The companies concerned, including ジーエスケー, where delays in earnings improvement and goodwill impairment had occurred, were sold, removing the previous risks from the scope of consolidation. - FY2022-Q1MitigatedAnnual report
「During the consolidated accounting period of the first quarter, the Group sold all shares of its consolidated subsidiaries 株式会社ジーエスケー and グランドスタッフ株式会社, which operated communications and human resources services businesses, and therefore excluded them from the scope of consolidation.」
Regarding the previously identified risks associated with delays in earnings improvement and goodwill impairment at ジーエスケー, all shares of the company were sold and it was excluded from the scope of consolidation. - FY2021ReframedAnnual report
「In this environment, the Group substantially reviewed the direction of its temporary staffing business and, from the standpoint of improving management efficiency, dissolved ディーナネットワーク株式会社 effective 30 April 2021. It also plans to transfer the shares of 株式会社ジーエスケー and グランドスタッフ株式会社 effective 31 May 2021.」
The focus shifted from the previous context of continuing to improve earnings at ジーエスケー toward restructuring the business through the dissolution and share transfers of the companies concerned, following a substantial review of the direction of the temporary staffing business. - FY2020-Q3MitigatedAnnual report
「At 株式会社アヴァンセ・アジル, 株式会社ジーエスケー and グランドスタッフ株式会社, performance remained generally satisfactory, supported by the acquisition of new customers and the stable supply of dispatched personnel.」
For ジーエスケー, which had previously experienced delays in earnings improvement and goodwill impairment, the human resources services business is described as having performed generally steadily due to stable supply and the acquisition of new customers. - FY2020-Q1MitigatedAnnual report
「In the contracting business, operating income exceeded the level in the same quarter of the previous year, partly because earnings improvement progressed at 株式会社ジーエスケー, which had been an issue in the previous fiscal year.」
The delay in earnings improvement at ジーエスケー, which became apparent in the previous fiscal year together with goodwill impairment, improved, and operating income exceeded the level in the same period of the previous year. - FY2019WorsenedAnnual report
「In addition, at 株式会社ジーエスケー, which operates a human resources services business, the company was unable to improve performance because of changes in the business environment and delays in initiatives to improve earnings. It recorded approximately ¥100 million as an impairment loss on goodwill and other assets in extraordinary losses.」
The delay in earnings improvement at ジーエスケー remained unresolved, and an impairment loss on goodwill and other assets of approximately ¥100 million was recorded for the full fiscal year. - FY2017MaterialisedAnnual report
「Regarding goodwill related to 株式会社ジーエスケー, performance had remained below the initially formulated plan because of changes in the environment surrounding ジーエスケー and delays in initiatives to improve earnings. The company therefore reviewed the future plan and carefully considered the recoverable amount. As recovery within the initially expected period was considered difficult, the company recorded an impairment loss on goodwill related to ジーエスケー of ¥131 million.」
The delay in earnings improvement and failure to meet the plan at the acquired company actually occurred, and an impairment loss on goodwill of ¥131 million was recorded.