Impairment due to a decline in the earnings outlook for Demae-can business software
First written in FY2017-Q2. 5 of 8 entries say "Worsened", first in FY2020. Latest entry: FY2022.
Demae-Can moved to the "Worse" side of this theme in 2017, 5 years before the typical company in this theme (2022).
0 other companies' latest entry also says "Mitigated".
- FY2022MitigatedAnnual report
「During the current consolidated fiscal year, the carrying amount of assets in the Demae-can business segment was reduced to their recoverable amount because the earnings initially projected were no longer expected, among other factors, and the decrease was recognized as an impairment loss under extraordinary losses.」
Although impairment risk continues to arise, the impairment loss declined substantially, from ¥2,526 million in the previous fiscal year to ¥29 million. - FY2021WorsenedAnnual report
「During the current consolidated fiscal year, the carrying amount of assets in the Demae-can business segment was reduced to their recoverable amount because the earnings initially projected were no longer expected, among other factors, and the decrease was recognized as an impairment loss under extraordinary losses.」
An impairment loss of ¥2,526 million was recognized on fixed assets related to the DEMAE-CAN business, increasing from ¥1,156 million in the previous fiscal year. - FY2021-Q3WorsenedAnnual report
「In the Demae-can business, the Company recognized an impairment loss on property, plant and equipment acquired during the third quarter of the current consolidated cumulative period. The impairment loss recognized during the third quarter of the current consolidated cumulative period was ¥1,680.624 million.」
The Company recognized an impairment loss of ¥1,680.624 million on property, plant and equipment acquired for the Demae-can business, up from ¥1,083.835 million disclosed for the previous quarter. - FY2021-Q2WorsenedAnnual report
「In the Demae-can business, the Company recognized an impairment loss on property, plant and equipment acquired during the second quarter of the current consolidated cumulative period. The impairment loss recognized during the second quarter of the current consolidated cumulative period was ¥1,083.835 million.」
The Company recognized an impairment loss of ¥1,083.835 million on property, plant and equipment acquired for the Demae-can business, up from ¥232.223 million disclosed for the previous quarter. - FY2021-Q1WorsenedAnnual report
「In the Demae-can business, the Company recognized an impairment loss on property, plant and equipment acquired during the first quarter of the current consolidated cumulative period. The impairment loss recognized during the first quarter of the current consolidated cumulative period was ¥232.223 million.」
The Company recognized an impairment loss of ¥232.223 million on property, plant and equipment acquired for the Demae-can business. Although the assets covered differ from those in the previous software impairment disclosure, a new impairment event relating to expected asset earnings and recoverability occurred. - FY2020WorsenedAnnual report
「During the current consolidated fiscal year, the carrying amount of assets in the Demae-can business segment was reduced to their recoverable amount because the earnings initially projected were no longer expected, among other factors, and the decrease was recognized as an impairment loss under extraordinary losses.」
The Company recognized an impairment loss of ¥1,156.635 million on software and other assets due to lower expected earnings, an increase from the ¥35.951 million software impairment loss previously reported. - FY2017-Q3RestatedAnnual report
「During the third quarter of the current consolidated cumulative period, certain software used in the Demae-can business was no longer expected to generate the earnings initially projected. Accordingly, the carrying amount of the assets was reduced to their recoverable amount, and the decrease of ¥35.951 million was recognized as an impairment loss on software under extraordinary losses.」
The ¥35.951 million impairment loss on software reported with the second-quarter results was repeated in the notes for the cumulative third quarter. No new impairment amount was disclosed. - FY2017-Q2MaterialisedAnnual report
「During the second quarter of the current consolidated cumulative period, certain software used in the Demae-can business was no longer expected to generate the earnings initially projected. Accordingly, the carrying amount of the assets was reduced to their recoverable amount, and the decrease of ¥35.951 million was recognized as an impairment loss on software under extraordinary losses.」
As certain software used in the Demae-can business was no longer expected to generate the earnings initially projected, the Company recognized an impairment loss of ¥35.951 million.