Impairment Risk for Goodwill in the Voicemail Business
First written in FY2021. 3 of 8 entries say "Mitigated", first in FY2022. Latest entry: 2026-08-20.
fonfun moved to the "Worse" side of this theme in 2023, 1 year before the typical company in this theme (2024).
The whole theme swung hardest in 2023: 35 of 97 companies on the "Worse" side.
32 other companies' latest entry also says "Mitigated".
- FY2026RestatedAnnual report
「Goodwill and customer-related assets are amortized systematically on a straight-line basis over the periods during which their effects are expected to arise, estimated at 8 to 10 years for the effect of excess earning power and 4 to 10 years for the economic benefits arising from customer relationships, respectively.」
The Company recognized ¥1,354 million in goodwill and ¥163 million in customer-related assets in connection with M&A and continues to assess impairment by comparing the assets with future cash flows when there are indications of impairment. The impairment loss for the year was ¥0. - 2026-04-30WorsenedM&A and Subsidiary Changes
「Goodwill is still being reviewed, but goodwill equal to the acquisition price is expected to arise.」
Goodwill equal to the ¥340 million acquisition price is expected to arise, increasing the amount subject to existing goodwill impairment risk. - FY2024MaterialisedAnnual report
「Net income, including the gain on the extinguishment of tied shares, goodwill impairment loss and deferred income taxes, was ¥68 million, up 260.4% year on year.」
A goodwill impairment loss of ¥92.497 million was actually recognized, realizing the risk that declining goodwill profitability would affect results. The largest goodwill item at the end of the period was stated to be ¥87 million relating to the voicemail business. - FY2023ReframedAnnual report
「The largest item of goodwill recognized by the Company relates to the SMS business, for which ¥137 million was recognized at the end of the fiscal year.」
The SMS business goodwill of ¥137 million was described as the largest item, rather than the previously largest voicemail business goodwill, shifting the focus of goodwill impairment risk to the SMS business. Total goodwill was ¥248.712 million. - FY2022MitigatedAnnual report
「The largest item of goodwill recognized by the Company relates to the voicemail business, for which ¥134 million was recognized at the end of the fiscal year.」
The goodwill balance relating to the voicemail business decreased from ¥158 million in the previous year to ¥134 million. The risk of impairment in the event of declining profitability continues to be disclosed. - FY2021First statedAnnual report
「The largest item of goodwill recognized by the Company relates to the voice-mail business, with ¥158 million recognized at the end of the consolidated fiscal year.」
The Company indicates that impairment of goodwill recognized through the acquisition of a business could affect performance if the profitability of the acquired business declines. Goodwill related to the voice-mail business amounted to ¥158 million, but no impairment occurred during the consolidated fiscal year.