Reattribution of Goodwill Related to メディア総合研究所 to the Translation Business Segment Following Business Restructuring
First written in FY2020-Q1. 2 of 4 entries say "Restated". Latest entry: FY2021-Q3.
The whole theme swung hardest in 2023: 7 of 13 companies on the "Worse" side.
4 other companies' latest entry also says "Other".
- FY2021-Q3Full impairment of Media Soken’s goodwillAnnual report
「An impairment loss on goodwill was recorded in the Translation segment. The reduction in goodwill resulting from this event was ¥192.703 million for the nine-month period of the current fiscal year.」
An impairment loss of ¥192.703 million was recorded on the goodwill that remained allocated to the Translation segment after the sale of Media Soken’s IT business, reducing the balance to zero. - FY2020-Q3RestatedAnnual report
「Following this business reorganization, the goodwill previously identified as a corporate asset will, from the first quarter of the fiscal year, be identified in full as goodwill of the Translation segment. As a result of this change, the Translation segment’s profit decreased by ¥20.646 million compared with the previous method.」
The change in the allocation of all goodwill to the Translation segment following the business reorganization in which Media Soken’s IT business was acquired continued. For the nine-month period, Translation segment profit was ¥20.646 million lower than under the previous method. - FY2020-Q2RestatedAnnual report
「Following this business reorganization, the goodwill previously identified as a corporate asset will, from the first quarter of the fiscal year, be identified in full as goodwill of the Translation segment. As a result of this change, the Translation segment’s profit decreased by ¥13.764 million compared with the previous method.」
Following the business reorganization in which Media Soken’s IT business was acquired, the change in the allocation of goodwill to the Translation segment continued, with the cumulative impact on segment profit stated as ¥13.764 million. - FY2020-Q1First statedAnnual report
「Following this business reorganization, the goodwill previously identified as a corporate asset will, from the first quarter of the current fiscal year, be identified in full as goodwill of the Translation segment. As a result of this change, the Translation segment’s profit decreased by ¥6.882 million compared with the previous method.」
Following the business reorganization in which the company acquired Media Soken’s IT business, the allocation of all goodwill was changed to the Translation segment, reducing the segment’s profit by ¥6.882 million compared with the previous method.