Recognition and Amortization of Goodwill and Customer-Related Assets in Connection with the Acquisition of Inspiration株式会社
First written in FY2023-Q1. 3 of 8 entries say "Advanced", first in FY2023-Q2. Latest entry: FY2024.
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- FY2024Update to full-year amortization expenseAnnual report
「Amortization of goodwill for the fiscal year was ¥21.103 million, while amortization of customer-related assets was ¥50.000 million.」
Amortization of goodwill associated with the acquisition of Inspiration株式会社 was ¥21.103 million, while amortization of customer-related assets was ¥50.000 million. Although the amortization burden decreased from the previous fiscal year, it continues to be recognized as a factor weighing on group earnings. - FY2024-Q3Update to cumulative third-quarter amortization expenseAnnual report
「Depreciation and amortization expense ¥63,054 thousand ¥75,806 thousand Goodwill amortization expense 16,494 15,827 Customer-related asset amortization expense 51,500 37,500」
Cumulative third-quarter goodwill amortization expense related to the acquisition of Inspiration株式会社 was ¥15,827 thousand, while customer-related asset amortization expense was ¥37,500 thousand, reducing the amortization burden from the same period of the previous year. Ordinary depreciation and amortization expense, meanwhile, increased to ¥75,806 thousand. - FY2024-Q2Update to cumulative second-quarter amortization expenseAnnual report
「Goodwill amortization expense 10,996 10,551 Customer-related asset amortization expense 39,000 25,000」
Cumulative second-quarter goodwill amortization expense related to the acquisition of Inspiration株式会社 was ¥10,551 thousand, while customer-related asset amortization expense was ¥25,000 thousand, reducing the amortization burden from the same period of the previous year. - FY2024-Q1Update to first-quarter amortization expenseAnnual report
「Depreciation and amortization expense ¥19,631 thousand ¥23,421 thousand Goodwill amortization expense 5,498 5,275 Customer-related asset amortization expense 26,500 12,500」
Goodwill amortization expense related to the acquisition of Inspiration株式会社 was ¥5,275 thousand, and customer-related asset amortization expense was ¥12,500 thousand. Customer-related asset amortization expense declined from ¥26,500 thousand in the same period of the previous year. - FY2023AdvancedAnnual report
「Amount of goodwill recognized ¥147,722 thousand (3) Amortization method and period Straight-line amortization over 7 years」
The company finalized goodwill of ¥147,722 thousand arising from the acquisition of Inspiration株式会社 and adopted straight-line amortization over 7 years. Customer-related assets totaled ¥564,000 thousand, with amortization periods of 11 years for customer relationships and 3 months for order backlogs. - FY2023-Q3AdvancedAnnual report
「Depreciation and amortization expense ¥63,054 thousand Goodwill amortization expense 16,494 Customer-related asset amortization expense 51,500」
For the goodwill and customer-related assets arising from the acquisition of Inspiration株式会社, the company recognized goodwill amortization expense of ¥16,494 thousand and customer-related asset amortization expense of ¥51,500 thousand for the nine months ended the third quarter, indicating that the cost burden from business combination accounting continues. - FY2023-Q2AdvancedAnnual report
「The amount of goodwill had been calculated provisionally because the allocation of the acquisition cost had not been completed during the first quarter of the current consolidated accounting period, but it was finalized during the second quarter. No adjustment was made to the amount of goodwill.」
The allocation of the acquisition cost related to the acquisition of Inspiration株式会社 was finalized in the second quarter, confirming that no adjustment had been made to the ¥147,722 thousand of goodwill. Customer-related asset amortization expense of ¥39,000 thousand and goodwill amortization expense of ¥10,996 thousand were also recognized, indicating that the cost burden from business combination accounting continues. - FY2023-Q1First statedAnnual report
「Amount of goodwill recognized ¥147,722 thousand The amount of goodwill was calculated provisionally because the allocation of the acquisition cost had not been completed as of the end of the first quarter of the current consolidated accounting period. (3) Amortization method and period Straight-line amortization over 7 years」
The company disclosed that, in connection with the acquisition of Inspiration株式会社, it recognized provisional goodwill of ¥147,722 thousand and customer-related assets of ¥537,500 thousand, with the goodwill to be amortized on a straight-line basis over 7 years. In the first quarter, it recognized goodwill amortization expense of ¥5,498 thousand and customer-related asset amortization expense of ¥26,500 thousand, indicating that the cost burden from business combination accounting had begun to appear in actual results.