Impairment Losses Due to Failure to Meet Software Revenue Plans
First written in FY2017-Q2. 8 of 11 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2024: 19 of 45 companies on the "Worse" side.
2 other companies' latest entry also says "Dropped".
- FY2022DroppedAnnual reportThe current list of major risks contains no separate disclosure of the risk of impairment losses due to failure to meet the software earnings plan in prior fiscal years.
- FY2020-Q3RestatedAnnual report
「No material changes or new developments have occurred compared with the description in the Securities Report filed on 21 June 2019.」
The Company states that there have been no material changes or new occurrences relating to the risk of impairment losses due to failure to meet the software earnings plan in prior fiscal years. - FY2019DroppedAnnual reportIn the FY2019 business and other risks, the separate disclosure of the risk of impairment losses due to failure to meet the software earnings plan in prior fiscal years has been removed.
- FY2019-Q3RestatedAnnual report
「No material changes or new developments have occurred compared with the description in the Securities Report filed on 22 June 2018.」
The Company states that there have been no material changes or new occurrences relating to the risk of impairment losses due to failure to meet the software earnings plan. - FY2019-Q2RestatedAnnual report
「No material changes or new developments have occurred compared with the description in the Securities Report filed on 22 June 2018.」
The Company states that there have been no material changes or new occurrences relating to the risk of impairment losses due to failure to meet the software earnings plan. - FY2019-Q1RestatedAnnual report
「No material changes or new developments have occurred compared with the description in the Securities Report filed on 22 June 2018.」
The Company states that there have been no material changes or new occurrences relating to the risk of impairment losses due to failure to meet the software earnings plan. - FY2018-Q2RestatedAnnual report
「No material changes or new developments have occurred compared with the description in the Securities Report filed on 23 June 2017.」
The Company states that there have been no material changes or new occurrences relating to the risk of impairment losses due to failure to meet the software earnings plan. - FY2018-Q1RestatedAnnual report
「No material changes or new developments have occurred compared with the description in the Securities Report filed on 23 June 2017.」
The Company states that there have been no material changes or new occurrences relating to the risk of impairment losses due to failure to meet the software earnings plan. - FY2017RestatedAnnual report
「Because the earnings initially expected under the income and expenditure plan considered when the software was acquired could no longer be expected, ¥2,148 million relating to the asset was recorded as an impairment loss under extraordinary losses in the consolidated fiscal year.」
The ¥2,148 million impairment loss resulting from the failure to meet the software earnings plan continues to be recorded in the annual consolidated financial statements. - FY2017-Q3RestatedAnnual report
「Extraordinary losses Impairment loss - 2,148」
The third quarter cumulative income statement also includes a ¥2,148 million impairment loss on software, indicating that the impact of the failure to meet the earnings plan identified in the previous quarter is continuing. - FY2017-Q2MaterialisedAnnual report
「During the six-month period, we recognized impairment losses on the following assets. Because the earnings plan considered when the software was acquired no longer indicated that the originally anticipated returns could be achieved, we recognized the ¥2,148 million carrying amount of the asset as an impairment loss under extraordinary losses. The recoverable amount was measured based on value in use and was deemed to be zero because future cash flows during the asset's normal period of use were negative.」
An impairment loss of ¥2,148 million was recognized on software after the original earnings plan was no longer expected to be achieved and future cash flows became negative.