Komehyo Holdings (2780) · FactRestated
Gain on negative goodwill arising from the acquisition of Four by Four Engineering Service Co., Ltd.
First written in FY2020-Q1. 1 of 2 entries say "Restated". Latest entry: FY2020.
2entries
2years
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Gain on bargain purchase arising from the acquisition of Four-by-Four Engineering ServiceA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
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- FY2020RestatedAnnual report
「The company recognized a ¥15.918 million gain on negative goodwill in the tire and wheel business. This resulted from making 株式会社フォーバイフォーエンジニアリングサービス a group company.」
The annual results reconfirm the ¥15.918 million gain on negative goodwill arising from the acquisition of フォーバイフォーエンジニアリングサービス. - FY2020-Q1First statedAnnual report
「The gain on negative goodwill recognized during the first quarter of the current consolidated cumulative period was ¥15.918 million.」
Upon acquiring all shares of 株式会社フォーバイフォーエンジニアリングサービス, the company recognized a ¥15.918 million gain on negative goodwill because the acquisition cost was lower than the fair value of net assets at the time of the business combination.