Making メディア総合研究所 a Subsidiary to Roll Out NMT Solutions
First written in FY2018-Q2. 2 of 4 entries say "Worsened", first in FY2021-Q3. Latest entry: FY2021.
HONYAKU Center moved to the "Worse" side of this theme in 2021.
0 other companies' latest entry also says "Worsened".
- FY2021WorsenedAnnual report
「Because the excess earning power assumed in the business plan considered at the time of acquiring the shares of 株式会社メディア総合研究所 could no longer be expected, the carrying amount of the asset group including the goodwill recognized upon acquisition was reduced to its recoverable amount, and the decrease was recognized as an impairment loss under extraordinary losses.」
The excess earning power assumed at the time of acquiring メディア総合研究所 could no longer be expected, and impairment of the asset group including goodwill was confirmed as a full-year accounting treatment. - FY2021-Q3WorsenedAnnual report
「Because the excess earning power assumed in the business plan considered at the time of the share acquisition could no longer be expected, the carrying amount was reduced to the recoverable amount, and the decrease was recognized as an impairment loss under extraordinary losses.」
After メディア総合研究所 became a subsidiary, the excess earning power assumed at the time of acquisition could no longer be expected, resulting in a full impairment of the goodwill arising from the acquisition. - FY2018-Q3AchievedAnnual report
「In response to changes in the market environment resulting from the rapid development of neural network-based machine translation (NMT), we acquired all shares of 株式会社メディア総合研究所 on 15 November 2017 to expand the translation business and enhance corporate value through the development of NMT solutions in the industrial and technical translation field, and included the company in the scope of consolidation as a subsidiary.」
The acquisition and conversion into a subsidiary of all shares of メディア総合研究所, which had been scheduled for acquisition in the previous filing, was completed on 15 November 2017. The stated voting rights ratio acquired was 100%, and the acquisition cost was ¥550 million. - FY2018-Q2First statedAnnual report
「At a meeting of the Board of Directors held on 30 October 2017, we resolved to acquire all shares of 株式会社メディア総合研究所 and make it a subsidiary, and entered into a share transfer agreement on the same date. In response to changes in the market environment resulting from the rapid development of neural network-based machine translation (NMT), we plan to acquire the shares on 15 November 2017, the scheduled acquisition date, in order to expand the translation business and enhance corporate value through the development of NMT solutions in the industrial and technical translation field. The voting rights ratio to be acquired is 100%, and the acquisition cost is expected to be ¥550 million.」
The company describes for the first time its plan to acquire all shares of 株式会社メディア総合研究所 and make it a subsidiary in order to expand the translation business through NMT solutions, together with the scheduled acquisition date, voting rights ratio, and acquisition cost.