Goodwill Impairment Risk Associated With M&A
First written in FY2022-Q3. 1 of 4 entries say "Restated". Latest entry: FY2026.
Yossix Holdings moved to the "Worse" side of this theme in 2023, 1 year before the typical company in this theme (2024).
The whole theme swung hardest in 2023: 35 of 97 companies on the "Worse" side.
26 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Amount of goodwill recognized ¥34.937 million」
The company newly recognized ¥34.937 million of goodwill in connection with the acquisition of the business of 「海老どて食堂」. New acquisition-related goodwill was recognized, increasing exposure to future impairment risk. - FY2023MaterialisedAnnual report
「With respect to the goodwill related to 芝産業株式会社, the unamortized balance has been recognized as an impairment loss because the returns expected at the time of the share acquisition can no longer be expected.」
For the goodwill related to 芝産業, the unamortized balance of ¥172.5 million was recognized as an impairment loss. The risk of goodwill impairment associated with a business acquisition materialized. - FY2022RestatedAnnual report
「The Group has acquired shares through business acquisitions and recognized goodwill. However, if the acquired company's performance falls below initial expectations due to sudden changes in the business environment, the competitive landscape or other factors, and its expected excess earning power declines, an impairment loss on the goodwill may be recognized, which could affect the Group's operating results and financial position.」
The risk of goodwill impairment due to a downturn in the acquired company's performance or a decline in its excess earning power continues to be disclosed following the recognition of goodwill associated with the acquisition of 芝産業. - FY2022-Q3First statedAnnual report
「The Group has acquired shares through business acquisitions and recognized goodwill. However, if the acquired company's performance falls below initial expectations due to sudden changes in the business environment, the competitive landscape or other factors, and its expected excess earning power declines, an impairment loss on the goodwill may be recognized, which could affect the Group's operating results and financial position.」
The company has newly disclosed the risk of goodwill impairment losses arising from a downturn in the acquired company's performance or a decline in its excess earning power.