GAtechnologies (3491) · RiskWorsened
Uncertainty in Business Plans and Economic Conditions Used to Test Goodwill and Intangible Assets for Impairment
First written in FY2023-Q1. 1 of 2 entries say "Worsened", first in FY2024. Latest entry: FY2024.
2entries
3years
0from disclosures
How it moved
Same theme, other companies
Risk of impairment estimate changes for goodwill and intangible assets with indefinite useful livesA theme 44 companies write about · 44 as a headwind · 0 as a tailwind
GAtechnologies moved to the "Worse" side of this theme in 2025, 2 years after the typical company in this theme (2023).
The whole theme swung hardest in 2019: 5 of 12 companies on the "Worse" side.
5 other companies' latest entry also says "Worsened".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 44 companies compared. The sentences above are computed from all 44.Full recordFilings, disclosures and news, newest first
- FY2024WorsenedAnnual report
「This was mainly due to goodwill increasing by ¥7,026 million to ¥14,799 million.」
Following the M&A transaction, the goodwill balance increased from ¥7,773 million to ¥14,799 million, increasing exposure to impairment assessments dependent on future business plans and economic conditions. - FY2023-Q1First statedAnnual report
「The recoverable amount is calculated based on numerous assumptions and estimates, including revenue forecasts in future business plans and discount rates. Changes in uncertain future economic conditions and other factors may affect the consolidated financial statements.」
The company newly stated that future revenue forecasts, discount rates and changes in economic conditions could affect the financial statements in its impairment assessment of goodwill and intangible assets. It also stated that there were no indications of impairment as of the end of the first quarter.