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GAtechnologies (3491) · FactReframed

Impairment Loss on Fixed Assets Associated With the Head Office Relocation

First written in FY2019-Q1. 1 of 3 entries say "Advanced", first in FY2019. Latest entry: FY2021.

3entries
4years
0from disclosures
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ProgressHeldSoftenedWorseFirst statedFY2019-Q1AdvancedFY20192019: 120192020: 120202021: 020212022: 1
Same theme, other companies
Impairment of Head Office Assets in Connection with Head Office RelocationA theme 14 companies write about · 14 as a headwind · 0 as a tailwind

GAtechnologies moved to the "Worse" side of this theme in 2022.

0 other companies' latest entry also says "Reframed".

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Full recordFilings, disclosures and news, newest first
  1. FY2021ReframedAnnual report

    「Primarily due to changes in the usage and development policies for certain RENOSY Marketplace software, including software under development (as defined below), an impairment loss was recorded on software that was clearly no longer being used in the business, along with an impairment loss on investment securities, as extraordinary losses. Extraordinary income (loss) was negative ¥752 million, down ¥690 million year on year.」

    The primary impairment event shifted from impairment of fixed assets associated with the head office relocation to impairment of software associated with changes in its usage and development policies. The impairment loss was ¥621 million.
  2. FY2019AdvancedAnnual report

    「Primarily, an impairment loss on the former Tokyo head office associated with the relocation of the Tokyo head office and a penalty for terminating the lease agreement were recorded as extraordinary losses, resulting in extraordinary income (loss) of negative ¥120.050 million.」

    Full-year extraordinary losses disclosed include a ¥67.748 million impairment loss on fixed assets associated with the relocation of the head office and a ¥42.436 million loss on termination of the lease agreement.
  3. FY2019-Q1First statedAnnual report

    「Profit or loss attributable to owners of the parent was a loss of ¥24.300 million as a result of recording an impairment loss of ¥67.748 million on fixed assets associated with the relocation of the head office and other items as extraordinary losses.」

    An impairment loss of ¥67.748 million on fixed assets associated with the relocation of the head office and other items was recorded as an extraordinary loss, resulting in a quarterly net loss attributable to owners of the parent of ¥24.300 million.
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