Investment recovery risk arising from new businesses failing to deliver results as planned
First written in FY2016. 6 of 12 entries say "Restated". Latest entry: FY2024.
Members moved to the "Worse" side of this theme in 2020, 2 years before the typical company in this theme (2022).
The whole theme swung hardest in 2018: 13 of 78 companies on the "Worse" side.
28 other companies' latest entry also says "Materialised".
- FY2024MaterialisedAnnual report
「With respect to 株式会社メンバーズエナジー, our wholly owned subsidiary engaged in power generation to help create a sustainable decarbonized society, we revised its business plan at the end of the current consolidated fiscal year and, as a result, recognized impairment losses of ¥4.935 million on machinery and equipment and ¥293 thousand on facility usage rights.」
The business plan for 株式会社メンバーズエナジー, which operates a renewable energy power generation business, was revised, and a total impairment loss of ¥5.228 million was recognized on machinery and equipment and facility usage rights. - FY2022-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It states that there has been no new occurrence or material change regarding the risk that new businesses may fail to achieve the planned results and make it difficult to recover investments. - FY2021MaterialisedAnnual report
「As a result of conducting an IFRS impairment test based on the current business performance of the business rights held by the merged company 株式会社エンゲージメント・ファースト and the goodwill of the merged company 株式会社マイナースタジオ, we recognized impairment losses of ¥28 million and ¥22.196 million, respectively, on all or part of the goodwill recognized at the time of acquisition.」
Impairment losses of ¥28 million on 株式会社エンゲージメント・ファースト's business rights and ¥22.196 million on 株式会社マイナースタジオ's goodwill were recognized, for a total of ¥50.196 million. - FY2021-Q2MaterialisedAnnual report
「Revenue increased year on year, mainly due to the expansion of the digital talent business from the previous fiscal year. Profit declined because the ¥28 million goodwill impairment loss and lower utilization resulting from the impact of COVID-19 prevented us from covering the higher personnel expenses for new graduates who joined in April 2020.」
A new ¥28 million goodwill impairment loss was recognized, and the investment recovery risk materialized as an additional impairment loss. - FY2020MaterialisedAnnual report
「With respect to 株式会社マイナースタジオ, a consolidated subsidiary of our company, we revised the business plan based on its current business performance and, as a result of conducting an IFRS impairment test based on that business plan, recognized impairment losses of ¥40.722 million and ¥29.541 million, respectively, in the previous and current consolidated fiscal years on part of the goodwill recognized at the time of acquisition.」
Regarding the risk of failing to recover investments in new businesses and subsidiaries, an additional ¥29.541 million impairment loss on 株式会社マイナースタジオ's goodwill was recognized. - FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It states that there has been no new occurrence or material change regarding the risk that new businesses may fail to achieve the planned results and make it difficult to recover investments. - FY2020-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It states that there has been no new occurrence or material change regarding the risk that new businesses may fail to achieve the planned results and make it difficult to recover investments. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It states that, regarding the risk that new businesses may fail to achieve the planned results and make it difficult to recover investments, there has been no new occurrence or material change during the current quarter. - FY2019MaterialisedAnnual report
「With respect to 株式会社マイナースタジオ, we revised the business plan based on its current business performance and, as a result of conducting an IFRS impairment test based on that business plan, recognized an impairment loss of ¥40.722 million on part of the goodwill recognized at the time of acquisition.」
Regarding the risk of failing to recover investments in new businesses and subsidiaries, it reports the specific event of a ¥40.722 million impairment loss on 株式会社マイナースタジオ's goodwill. - FY2018RestatedAnnual report
「Our group has actively developed new businesses and other initiatives, but not all of these new businesses have achieved the results planned.」
It continues to identify the possibility that new businesses may fail to achieve the planned results, making it difficult to recover investments. - FY2017RestatedAnnual report
「Our group has actively developed new businesses and other initiatives, but not all of these new businesses have achieved the results planned.」
It continues to identify the possibility that new businesses may fail to achieve the planned results, making it difficult to recover investments. - FY2016First statedAnnual report
「Our group has actively developed new businesses and other initiatives, but not all of these new businesses have achieved the results planned.」
It reports that some new businesses have not achieved the planned results and identifies the increasing difficulty of recovering investments as a future risk.