Goodwill impairment risk associated with the MIMS acquisition
First written in FY2016. 7 of 12 entries say "Materialised", first in 2026-04-28. Latest entry: FY2026.
Sms moved to the "Worse" side of this theme in 2026, 2 years after the typical company in this theme (2024).
The whole theme swung hardest in 2023: 35 of 97 companies on the "Worse" side.
54 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「For goodwill and intangible assets related to the MIMS Group, our consolidated subsidiary, the Group’s performance had been below plan. After reviewing its future business plan under the new management structure, we reduced the carrying amounts to their recoverable amounts and recorded the reduction as an extraordinary loss.」
As the MIMS Group’s performance fell below plan, an impairment loss totaling ¥22,957 million was recognized, comprising ¥8,649 million for goodwill, ¥589 million for customer relationship assets and ¥13,041 million for trademark rights, among other items. - FY2025RestatedAnnual report
「For the asset group related to the MIMS Group, we have not recognized an impairment loss because, in determining whether an impairment loss should be recognized, the total undiscounted future cash flows expected to be generated by the asset group exceeded its carrying amount.」
The judgment that no impairment has been recognized for goodwill and other assets related to MIMS because undiscounted future cash flows exceeded the carrying amount has been reconfirmed. - FY2023RestatedAnnual report
「For the asset group related to the MIMS Group, we have not recognized an impairment loss because, in determining whether an impairment loss should be recognized, the total undiscounted future cash flows expected to be generated by the asset group exceeded its carrying amount.」
The judgment that no impairment loss has been recognized for goodwill and intangible fixed assets related to the MIMS Group based on future cash flows has been reconfirmed. - FY2021RestatedAnnual report
「For the asset group related to the MIMS Group, we have not recognized an impairment loss because, in determining whether an impairment loss should be recognized, the total undiscounted future cash flows expected to be generated by the asset group exceeded its carrying amount.」
Although no impairment loss has been recognized for goodwill, trademark rights and other assets related to MIMS based on future cash flows and other factors, the possibility that impairment could arise due to changes in forecasts has been reconfirmed. - FY2018ReframedAnnual report
「In connection with this acquisition, goodwill and intangible assets consisting of customer relationship assets and trademark rights were recognized. If the profitability of the group declines significantly in the future and an impairment loss needs to be recognized, this could affect the operating results and financial condition of our group.」
The scope of impairment risk associated with the MIMS acquisition has been defined as goodwill and intangible assets, including customer relationship assets and trademark rights, rather than goodwill alone. - FY2016First statedAnnual report
「A substantial amount of goodwill was recognized in connection with this acquisition. If the profitability of the group declines significantly in the future and an impairment loss needs to be recognized, this could affect the operating results and financial condition of our group.」
Goodwill of ¥11,920.862 million was recognized in connection with the MIMS acquisition.