Goodwill Impairment Due to Shortfall in Expected Earnings from Other Businesses
First written in FY2018. 2 of 3 entries say "Worsened", first in FY2019. Latest entry: FY2021.
Human Holdings moved to the "Worse" side of this theme in 2019, 3 years before the typical company in this theme (2022).
The whole theme swung hardest in 2026: 17 of 32 companies on the "Worse" side.
6 other companies' latest entry also says "Worsened".
- FY2021WorsenedAnnual report
「In the Canadian corporation in the education business, we recognized goodwill based on the excess earning power expected when we acquired the business. However, because the sales projected for each service in the original business plan could no longer be expected, we reduced the carrying amount and recorded the reduction as an impairment loss under extraordinary losses.」
Goodwill impairment due to failure to achieve projected earnings extended from Other businesses to the Canadian education business, and an impairment loss of ¥258.190 million, including goodwill related to the education business, was recorded. - FY2019WorsenedAnnual report
「In Other businesses, we recognized goodwill based on the excess earning power expected when we acquired the businesses. However, because the earnings initially projected could no longer be expected, we reduced the carrying amount and recorded the reduction as an impairment loss under extraordinary losses.」
Goodwill impairment due to failure to achieve projected earnings in Other businesses has continued, with impairment losses in Other businesses reaching ¥97.144 million. - FY2018First statedAnnual report
「In Other businesses, we recognized goodwill based on the excess earning power expected when we acquired the businesses. However, because the earnings initially projected could no longer be expected, we reduced the carrying amount and recorded the reduction as an impairment loss under extraordinary losses.」
As the earnings projected at the time of the acquisition or business transfer could no longer be expected, an impairment loss arose from reducing goodwill in Other businesses. The impairment loss in Other businesses was ¥32.148 million.