Finalization of provisional accounting treatment for the business combination with Elovi
First written in FY2022-Q1. 1 of 2 entries say "Achieved", first in FY2022. Latest entry: FY2022.
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- FY2022AchievedAnnual report
「The provisionally calculated goodwill of ¥746 million decreased by ¥608 million upon finalization of the accounting treatment, resulting in ¥138 million.」
The provisional accounting treatment for the business combination with Elovi was finalized. Of the ¥746 million in goodwill, ¥608 million was reclassified, leaving goodwill of ¥138 million after finalization. - FY2022-Q1First statedAnnual report
「Following the finalization 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 current first-quarter cumulative period. As the identification of identifiable assets and liabilities and the measurement of their fair values as of the business combination date have been completed, part of the amount previously recorded as goodwill has been reclassified.」
The provisional accounting treatment for the business combination with Elovi in January 2021 was finalized. Of the ¥746 million in goodwill, ¥608 million was reclassified, leaving goodwill of ¥138 million after finalization.