Impairment of Business-Use Software Due to Weak Performance
First written in FY2023. 2 of 2 entries say "Materialised", first in FY2023. Latest entry: FY2024.
Aun Consulting 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 2024: 20 of 46 companies on the "Worse" side.
34 other companies' latest entry also says "Materialised".
- FY2024MaterialisedAnnual report
「As the earnings initially expected from our business-use assets could no longer be anticipated because of poor performance, we assessed their value in use as zero and recognized the amount remaining after retaining a memorandum value of ¥1 as an impairment loss under extraordinary losses. The assets consisted of software.」
Impairment of business-use software occurred again in the current period due to poor performance, and the company recognized an impairment loss of ¥3.489 million. Although the amount decreased from ¥5.535 million in the previous year, the risk continues to materialize. - FY2023MaterialisedAnnual report
「As the earnings initially expected from our business-use assets could no longer be anticipated because of poor performance, we assessed their value in use as zero and recognized the amount remaining after retaining a memorandum value of ¥1 as an impairment loss under extraordinary losses. The assets consisted of software.」
As poor performance eliminated the expected earnings from business-use software, the company recognized an impairment loss of ¥5.535 million.