Finalization of the Provisional Accounting Treatment Related to the Business Combination of 株式会社矢澤
First written in FY2023-Q3. 2 of 3 entries say "Restated". Latest entry: FY2024-Q2.
34 other companies' latest entry also says "Restated".
- FY2024-Q2RestatedAnnual report
「The Company had applied provisional accounting treatment in the second quarter of the previous consolidated fiscal year for the business combination with 株式会社矢澤 completed on 20 December 2021, and finalised the treatment in the third quarter of the previous consolidated fiscal year.」
The provisional accounting treatment for the business combination with 株式会社矢澤 remains finalised from the third quarter of the previous consolidated fiscal year, and the finalised treatment is reflected in the comparative information for the second quarter of the previous fiscal year. - FY2024-Q1RestatedAnnual report
「The Company had applied provisional accounting treatment in the first quarter of the previous consolidated fiscal year for the business combination with 株式会社矢澤 completed on 20 December 2021, and finalised the treatment in the third quarter of the previous consolidated fiscal year.」
The provisional accounting treatment for the business combination with 株式会社矢澤 remains finalised from the third quarter of the previous consolidated fiscal year, and the finalised treatment is reflected in the comparative information for the first quarter of the current fiscal year. - FY2023-Q3First statedAnnual report
「The Company had applied provisional accounting treatment in the previous consolidated fiscal year for the business combination with 株式会社矢澤 completed on 20 December 2021, and finalised the treatment in the third quarter of the current consolidated fiscal year. Following finalisation of the provisional accounting treatment, significant revisions to the initial allocation of the acquisition cost have been reflected in the comparative information included in the quarterly consolidated financial statements for the first nine months of the current consolidated fiscal year. As a result, goodwill provisionally measured at ¥221.651 million decreased by ¥98.598 million following finalisation of the accounting treatment, to ¥123.053 million. Goodwill at the end of the previous consolidated fiscal year decreased by ¥93.668 million, while other intangible assets increased by ¥26.674 million and deferred tax liabilities increased by ¥9.229 million. Following an examination using an external valuation specialist, the Company identified order backlog of ¥150.762 million as an identifiable asset at the business combination date and recorded it under other intangible assets. The amortisation period for the finalised goodwill was determined to be 5 years, based on a calculation of the reasonable recovery period for the investment under the business plan used as the basis for determining the consideration for the business combination, within the period over which the goodwill is expected to generate benefits, not exceeding 20 years.」
For the business combination with 株式会社矢澤, the provisional purchase price allocation from the previous fiscal year was finalised. Goodwill was revised from ¥221.651 million to ¥123.053 million, order backlog of ¥150.762 million was recognised as an identifiable asset, and the goodwill amortisation period was set at 5 years.