Recognition of goodwill associated with Gig Sales becoming a consolidated subsidiary
First written in FY2023-Q2. 1 of 4 entries say "Achieved", first in FY2024-Q2. Latest entry: FY2024-Q2.
55 other companies' latest entry also says "Achieved".
- FY2024-Q2AchievedAnnual report
「The business combination with DORIRU Co., Ltd. conducted on 29 July 2022 was accounted for provisionally during the nine months ended the second quarter of the previous consolidated fiscal year. Because the provisional accounting was finalized at the end of the previous consolidated fiscal year, the amounts revised following finalization of the provisional accounting are used for comparison and analysis with the nine months ended the second quarter of the previous consolidated fiscal year.」
The provisional accounting for the business combination with DORIRU was finalized at the end of the previous consolidated fiscal year, and the revised purchase price allocation is reflected in the comparative information. - FY2024-Q1Increase in goodwillAnnual report
「Property, plant and equipment and intangible assets increased by ¥102 million from the end of the previous consolidated fiscal year to ¥3,395 million. This was mainly due to increases of ¥41 million in property, plant and equipment and ¥72 million in goodwill.」
Goodwill increased by ¥72 million at the end of the first quarter, bringing the goodwill balance to ¥798 million. - FY2023-Q3Disclosure of the increase in goodwillAnnual report
「Property, plant and equipment and intangible assets increased by ¥647 million from the end of the previous consolidated fiscal year to ¥3,299 million. This was mainly due to the additional acquisition of an interest in Gig Sales Co., Ltd. (renamed DORIRU Co., Ltd. effective 1 January 2023) and its inclusion in the scope of consolidation, which resulted in a ¥308 million decrease in investments in affiliated companies and a ¥594 million increase in goodwill.」
In connection with the additional acquisition of Gig Sales and its inclusion as a consolidated subsidiary, goodwill increased by ¥594 million, bringing the period-end balance to ¥745 million. - FY2023-Q2First statedAnnual report
「Amount of goodwill recognized ¥626 million The above amount was calculated provisionally because the period from the business combination date to the reporting date was short, the identifiable assets and liabilities as of the business combination date had not yet been identified and their fair values had not yet been estimated, and the purchase price allocation had therefore not been completed.」
In connection with Gig Sales becoming a consolidated subsidiary, the company provisionally recognized ¥626 million in goodwill and stated that it would amortize the amount on a straight-line basis over 14 years.