Impairment Risk for Goodwill and Intangible Assets from Acquisitions
First written in FY2018. 5 of 13 entries say "Materialised", first in FY2020. Latest entry: FY2026.
TORIDOLL Holdings moved to the "Worse" side of this theme in 2020, 3 years before the typical company in this theme (2023).
The whole theme swung hardest in 2025: 47 of 100 companies on the "Worse" side.
53 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「In the current consolidated fiscal year, the Fulham Shore Group recognized an impairment loss of ¥8.042 billion because the recoverable amount of its cash-generating unit group, ¥2.363 billion, was below its carrying amount.」
For the Fulham Shore Group, the recoverable amount fell below the carrying amount, resulting in an impairment loss of ¥8.042 billion on goodwill, trademarks and other assets. - FY2025MaterialisedAnnual report
「As a result of impairment testing, the company recognized an impairment loss of ¥1.032 billion for the WOK TO WALK Group because the recoverable amount of its cash-generating unit group, ¥2.323 billion, was below its carrying amount. It also recognized an impairment loss of ¥1.918 billion for the Fulham Shore Group because the recoverable amount of its cash-generating unit group, ¥12.313 billion, was below its carrying amount.」
Actual impairment losses of ¥1.032 billion for the WOK TO WALK Group and ¥1.918 billion for the Fulham Shore Group were incurred on acquisition-related goodwill, trademarks and other assets. - FY2024MitigatedAnnual report
「In the current consolidated fiscal year, no impairment loss was recognized because the recoverable amount exceeded the carrying amount for all cash-generating units.」
No impairment loss was recognized in the current fiscal year for goodwill or intangible assets with indefinite useful lives across all cash-generating units. The goodwill of the Fulham Shore Group is provisional. - FY2024-Q3MitigatedAnnual report
「For stores whose profit or loss from operating activities had declined significantly, impairment losses of ¥481 million in the prior third quarter cumulative period and ¥243 million in the current third quarter cumulative period were recognized.」
Although an impairment loss was incurred, it decreased from ¥481 million in the same period of the previous year to ¥243 million. - FY2024-Q2MitigatedAnnual report
「For stores where profit or loss from operating activities had declined significantly, the company recognized impairment losses of ¥261 million in the cumulative second quarter of the previous consolidated fiscal year and ¥102 million in the cumulative second quarter of the current consolidated fiscal year.」
Impairment losses on underperforming stores continued to be incurred but decreased from ¥261 million in the same period of the previous year to ¥102 million. - FY2023-Q3MitigatedAnnual report
「For stores where profit or loss from operating activities had declined significantly, the company recognized impairment losses of ¥1.078 billion in the cumulative third quarter of the previous consolidated fiscal year and ¥481 million in the cumulative third quarter of the current consolidated fiscal year.」
Impairment losses continued to be incurred but decreased from ¥1.078 billion in the same period of the previous year to ¥481 million. - FY2022MitigatedAnnual report
「In the current consolidated fiscal year, no impairment loss was recognized because the recoverable amount exceeded the carrying amount for all cash-generating units.」
Unlike the ¥260 million impairment loss incurred by the Sonoco Group in the previous fiscal year, no impairment loss was recognized for any cash-generating unit in the current fiscal year. - FY2021MaterialisedAnnual report
「In the current consolidated fiscal year, the Sonoco Group recognized an impairment loss of ¥260 million because its recoverable amount of ¥750 million was below its carrying amount.」
An additional impairment loss of ¥260 million was incurred on acquisition-related goodwill and intangible assets in the Sonoco Group. - FY2020MaterialisedAnnual report
「In the current consolidated fiscal year, the Sonoco Group recognized an impairment loss of ¥1.120 billion because its recoverable amount of ¥1.286 billion was below its carrying amount.」
For acquisition-related goodwill and intangible assets, the Sonoco Group's recoverable amount fell below its carrying amount, resulting in an actual impairment loss of ¥1.120 billion. - FY2018First statedAnnual report
「However, goodwill for which no impairment has been recognized and intangible assets with indefinite useful lives are subject to the risk of impairment if the key assumptions used in impairment testing change.」
The company explicitly disclosed impairment risk from changes in key assumptions, including discount rates and growth rates, for acquisition-related assets including ¥27.441 billion in goodwill associated with JHCHL and BEST NEW MANAGEMENT, among others.