Goodwill Amortization Burden from the Business Acquisition and Digimho Acquisition
First written in FY2016-Q2. 15 of 27 entries say "Restated". Latest entry: FY2023-Q3.
The whole theme swung hardest in 2019: 2 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「Amortization of goodwill 39」
Amortization of goodwill of ¥39 million was recorded as an adjustment item to cash flows from operating activities, and the amortization burden associated with the acquisition continues. - FY2023-Q2RestatedAnnual report
「Goodwill amortization 26」
Amortization of goodwill of ¥26 million was recorded as an adjustment to cash flows from operating activities, indicating that the amortization burden associated with the acquisition is continuing. - FY2023-Q1RestatedAnnual report
「Amortization of goodwill 13」
Amortization of goodwill of ¥13 million was recorded as an adjustment to cash flows from operating activities, indicating that the amortization burden associated with the acquisition is continuing. - FY2022Decrease in goodwill amortizationAnnual report
「Amortization of goodwill was ¥52 million.」
Goodwill amortization decreased from ¥84 million in the previous fiscal year to ¥52 million, while the goodwill balance also declined from ¥156 million to ¥104 million. - FY2022-Q1Lower goodwill amortization burdenAnnual report
「In the first quarter of the previous consolidated fiscal year, assets related to Dynatec Co., Ltd., whose customers are lodging facilities, were impaired. As a result, amortization of goodwill and depreciation decreased, and the amount was ¥1,137 million, down 18.7% year on year.」
Following the impairment of assets related to ダイナテック in the previous fiscal year, amortisation of goodwill and depreciation declined, reducing the burden of selling, general and administrative expenses year on year. - FY2021-Q3RestatedAnnual report
「Goodwill amortization was ¥71 million.」
Amortization of goodwill related to the acquisition continued to be recorded as an adjustment item to cash flows from operating activities during the cumulative third-quarter period. - FY2021-Q2Decrease in amortisation expense associated with impairment accountingAnnual report
「Although selling, general and administrative expenses included temporary costs associated with the head office relocation carried out in May, amortisation of goodwill and depreciation and amortisation declined in the second quarter consolidated accounting period due to the impairment of assets related to Dynatech Corporation, whose customers are accommodation facilities, in the first quarter consolidated accounting period.」
The company states that amortization of goodwill and depreciation decreased after impairment of assets related to Dynatec. While the amortization burden associated with the acquisition declined, impairment remains a premise. - FY2021-Q1WorsenedAnnual report
「The decrease in goodwill resulting from this event was ¥458 million during the cumulative first-quarter period of the current consolidated fiscal year.」
Due to an impairment loss on goodwill following a review of Dynatech's future earnings outlook, goodwill decreased by ¥457.939 million during the quarter, with the burden of assets acquired now appearing as an actual loss. - FY2020AdvancedAnnual report
「Funds generated from operating activities amounted to ¥5,894.497 million (compared with ¥4,041.227 million generated in the same period of the previous year). This was mainly due to profit before income taxes of ¥6,256.315 million, with depreciation and amortization of ¥767.692 million and goodwill amortization of ¥295.202 million as positive factors,」
Following the acquisitions of Dynatech and B-SLASH, amortization of goodwill was ¥295,202 thousand, up from ¥145,057 thousand in the previous fiscal year. - FY2020-Q3RestatedAnnual report
「Goodwill amortization: ¥221.402 million」
Amortization of goodwill arising from the acquisitions of DynaTech, B-SLASH and other businesses continues to be recorded as an adjustment item to cash flow from operating activities in the nine-month period. - FY2020-Q2AdvancedAnnual report
「In the EC Solutions segment, the company had recorded provisional goodwill of ¥480.507 million following the acquisition of shares in 株式会社B-SLASH during the first quarter. Upon completion of the purchase price allocation during the second quarter, this changed to ¥260.075 million. In addition, the provisional accounting treatment for the business combination with ダイナテック株式会社 carried out in the previous consolidated fiscal year was finalized during the second quarter. The resulting decrease in goodwill was ¥618.175 million.」
The purchase price allocation for the business combination of B-SLASH and Dynatec was finalized. Goodwill for B-SLASH decreased from ¥480.507 million to ¥260.075 million, while goodwill for Dynatec decreased by ¥618.175 million. - FY2020-Q1AdvancedAnnual report
「Amount of goodwill recognized: ¥480.507 million. The amount of goodwill was calculated provisionally because the allocation of the acquisition cost had not been completed.” “Amortization method and period: straight-line amortization over 5 years」
The provisional goodwill of ¥480.507 million arising from the acquisition of B-SLASH was finalized through the purchase price allocation and is being amortized on a straight-line basis over 5 years. The goodwill balance was ¥1,685.880 million, adding an amortization burden from the new acquisition. - FY2019AdvancedAnnual report
「Goodwill amortization for the consolidated fiscal year amounted to ¥175.966 million, and the balance of goodwill at the end of the fiscal year was ¥1,321.103 million.」
Goodwill arising from the acquisition of ダイナテック was added, resulting in an ending goodwill balance of ¥1,321.103 million and amortisation for the period of ¥175.966 million. - FY2019-Q3AdvancedAnnual report
「Amount of goodwill recognized: ¥1,223 million. This amount was calculated on a provisional basis because the allocation of the acquisition cost had not been completed. Amortization method and period: straight-line amortization over 5 years.」
The acquisition of ダイナテック株式会社 resulted in provisional goodwill of ¥1,222.632 million, to be amortized on a straight-line basis over 5 years. Although the new acquisition has added goodwill and an amortization burden, the company's results are not included in the current quarter's earnings. - FY2019-Q2RestatedAnnual report
「Goodwill amortization amounted to ¥56.173 million」
Goodwill amortization of ¥56.173 million continued to be recorded as an adjustment to cash flow from operating activities during the second quarter cumulative period. - FY2019-Q1RestatedAnnual report
「Amortisation of goodwill amounted to ¥28.086 million.」
Goodwill amortization continued to be recognized as an adjustment item in cash flow from operating activities during the first quarter of the current consolidated fiscal year. - FY2018Decrease in goodwill amortizationAnnual report
「Positive factors included depreciation and amortization of ¥239.721 million and goodwill amortization of ¥112.347 million.」
The burden of goodwill amortization continues, but decreased from ¥142.840 million in the previous fiscal year to ¥112.347 million in the current fiscal year. - FY2018-Q3RestatedAnnual report
「Funds generated from operating activities amounted to ¥1,549.428 million, compared with ¥1,375.068 million generated in the same quarter of the previous year. This was mainly because profit before income taxes was ¥2,667.410 million, while positive factors included depreciation of ¥175.054 million, goodwill amortization of ¥84.260 million, impairment losses of ¥16.166 million and an increase in accounts payable of ¥231.662 million, although」
Amortisation of goodwill of ¥84.260 million continued to be recorded as an adjustment to cash flow from operating activities in the cumulative third-quarter period. - FY2018-Q2RestatedAnnual report
「Goodwill amortization amounted to ¥56.173 million」
Amortization of goodwill continued to be recorded as an adjustment item in cash flows from operating activities during the six-month period. - FY2018-Q1RestatedAnnual report
「Positive factors included depreciation and amortization of ¥55.218 million and goodwill amortization of ¥28.086 million」
Amortization of goodwill continued to be recorded as an adjustment item in cash flows from operating activities during the current quarter. - FY2017WorsenedAnnual report
「Positive factors included depreciation and amortization of ¥297.524 million, goodwill amortization of ¥142.840 million, and impairment loss of ¥585.150 million.」
In addition to the continuing burden of goodwill amortization, an impairment loss of ¥585 million was recorded for the full fiscal year, increasing the adverse impact of asset burdens associated with acquisitions and investments. - FY2017-Q3RestatedAnnual report
「Amortization of goodwill: ¥114.753 million」
The burden of goodwill amortization associated with business and subsidiary acquisitions continues to be recognized as an adjustment item in cash flow from operating activities. - FY2017-Q2RestatedAnnual report
「Positive factors included depreciation and amortisation of ¥154.225 million, amortisation of goodwill of ¥86.666 million, and impairment losses of ¥216.640 million.」
Amortization of goodwill continues to be recorded as an adjustment to cash flow from operating activities. - FY2017-Q1RestatedAnnual report
「Goodwill amortization: ¥43.333 million.」
Amortization of goodwill continues to be recorded as an adjustment item to cash flows from operating activities for the current quarter. - FY2016RestatedAnnual report
「Operating profit was ¥922.787 million, down 39.2% year on year, due to proactive initiatives to expand the media network in the ad network services business within the Advertising business, as well as the recognition in the CRM business of goodwill amortization related to the acquisition of Digimaho shares and expenses of that subsidiary.」
Measures to expand the ad network, along with amortization of goodwill and subsidiary expenses associated with the acquisition of DigimihO, continue to be factors behind the decline in full-year operating profit. - FY2016-Q3RestatedAnnual report
「Operating profit was ¥689.358 million, down 39.8% year on year. Although existing businesses performed solidly, the decline reflected proactive initiatives to expand the media network in the ad network services business, amortization of goodwill related to the business transfer carried out in the previous fiscal year, and amortization of goodwill related to the acquisition of Digimaho shares and expenses of that subsidiary.」
Goodwill amortization and subsidiary expenses associated with the business acquisition and the acquisition of デジミホ continue to be cited as factors reducing operating profit. - FY2016-Q2First statedAnnual report
「Although the existing businesses performed steadily, operating profit declined to ¥440,238 thousand, down 42.8% year on year, due to active measures to expand the media network in the ad network services business, amortization of goodwill related to the business acquisition completed in the previous fiscal year, amortization of goodwill related to the acquisition of Digimho shares, and expenses of that subsidiary.」
Goodwill amortization and subsidiary expenses related to the ad network business acquisition and the acquisition of Digimho shares were cited as factors behind the decline in operating profit.