Impairment Risk Associated with Goodwill from the Acquisition of WHOM
First written in FY2026. 1 of 2 entries say "Restated". Latest entry: FY2027-H1.
The whole theme swung hardest in 2023: 35 of 98 companies on the "Worse" side.
29 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new major risks or significant changes to the business risks described in the annual securities report that management recognized as potentially having a material effect on the financial position, operating results, or cash flows of the consolidated companies, among the matters concerning business conditions and financial matters described in this Semiannual Report.」
The risk of impairment of goodwill arising from the acquisition of WHOM was reaffirmed through a comprehensive statement that there had been no significant changes in the principal risks. - FY2026First statedAnnual report
「At the end of the current consolidated fiscal year, the company identified indications of impairment, taking into account the relatively large amount of the acquisition cost allocated to goodwill and the status of achievement of the business plan. However, no goodwill impairment loss was recognized because the total undiscounted future cash flows based on the future business plan exceeded the carrying amount.」
The acquisition of WHOM resulted in the recognition of ¥409.647 million in goodwill. Although indications of impairment were identified, no impairment loss was recognized because undiscounted future cash flows exceeded the carrying amount. The company newly disclosed that projected future revenue is a key assumption and that changes in the business plan may affect the assessment.