Goodwill impairment due to ファイブスターズゲーム's failure to meet its business plan
First written in FY2017-Q2. 3 of 5 entries say "Restated". Latest entry: FY2019-Q3.
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- FY2019-Q3RestatedAnnual report
「During the current cumulative third-quarter consolidated period, the Company transferred all shares of Five Stars Game Co., Ltd. As a result, the number of consolidated subsidiaries among the Company's affiliates decreased by 1.」
The transfer of all shares in Five Stars Game and its exclusion from the scope of consolidation reconfirm that there is no ongoing exposure to the risk of goodwill impairment related to the company as a consolidated entity. - FY2019-Q2RestatedAnnual report
「During the current cumulative second-quarter consolidated period, the Company transferred all shares of Five Stars Game Co., Ltd. As a result, the number of consolidated subsidiaries among the Company's affiliates decreased by 1.」
The transfer of all shares in Five Stars Game and its exclusion from the scope of consolidation are restated, confirming that there is no ongoing exposure to the company as a consolidated entity. - FY2019-Q1MitigatedAnnual report
「During the current consolidated fiscal year, Five Stars Game Co., Ltd., which operates an online game business, was excluded from the scope of consolidation following the sale of all its shares,」
Following the sale of all shares in Five Stars Game, the company was excluded from the scope of consolidation, reducing ongoing exposure to the risk of goodwill impairment related to the company as a consolidated entity. - FY2017-Q3RestatedAnnual report
「Recorded a ¥131.194 million impairment loss under extraordinary losses.」
The recording of a ¥131.194 million goodwill impairment loss related to Five Stars Game's performance falling below initial expectations is also confirmed in the year-to-date quarterly income statement. - FY2017-Q2First statedAnnual report
「In the Marketing Solutions segment, goodwill arising from the acquisition of consolidated subsidiary Five Stars Game Co., Ltd. was reduced to its recoverable amount following a review of the business plan prompted by performance falling below the originally expected plan. The resulting decrease in goodwill was ¥131.194 million, which was recorded as an impairment loss under extraordinary losses in the consolidated second-quarter period.」
Recorded a ¥131.194 million goodwill impairment loss after performance fell below the originally expected business plan.