Impairment loss on equity-method investment in SHOWROOM
First written in FY2024-Q3. 1 of 2 entries say "Cited as achieved", first in FY2024. Latest entry: FY2024.
0 other companies' latest entry also says "Cited as achieved".
- FY2024Cited as achievedAnnual report
「As a result of the impairment test, we reduced the carrying amount to the recoverable amount and recognized an equity-method investment loss of ¥5,943 million.」
The full-year notes also confirm that an equity-method investment loss of ¥5,943 million was recognized for the investment in SHOWROOM, an equity-method affiliate, as a result of the impairment test. - FY2024-Q3First statedAnnual report
「In addition, because an impairment indicator was identified for the investment in SHOWROOM Inc., which is accounted for using the equity method, based on a comprehensive assessment of current conditions during the nine months ended the third quarter of the current fiscal year, we conducted an impairment test. As a result, we reduced the carrying amount to the recoverable amount and recognized an equity-method investment loss of ¥5,943 million.」
An impairment indicator was identified for the investment in SHOWROOM, an equity-method affiliate, and the carrying amount was reduced to the recoverable amount, resulting in an equity-method investment loss of ¥5,943 million.