Risk of impairment losses on goodwill
First written in FY2019. 14 of 26 entries say "Worsened", first in FY2020-Q1. Latest entry: 2026-10-15.
Jade Group moved to the "Worse" side of this theme in 2019, 5 years before the typical company in this theme (2024).
The whole theme swung hardest in 2023: 35 of 97 companies on the "Worse" side.
32 other companies' latest entry also says "Mitigated".
- 2026-10-15MitigatedEarnings
「This was mainly due to decreases of ¥65.962 million in software and ¥120.581 million in goodwill.」
のれん残高が前年度末の655,328千円から534,747千円へ減少し、のれん減損リスクに関係する残高が縮小した。 - FY2027-H1MitigatedAnnual report
「This was mainly due to decreases of ¥65.962 million in software and ¥120.581 million in goodwill.」
The goodwill balance decreased from ¥655.328 million at the end of the previous fiscal year to ¥534.747 million, reducing the balance-sheet exposure related to goodwill. - 2026-07-15MitigatedEarnings
「これは、主にのれんが60,290千円減少したことによるものであります。」
のれん残高が前年度末の655,328千円から595,038千円へ減少している。 - FY2026Decline in goodwill balance and continued M&AAnnual report
「Goodwill ¥769.618 million ¥655.328 million」
While the goodwill balance declined from ¥769.618 million at the end of the previous fiscal year to ¥655.328 million, business expansion through M&A and the recognition of new goodwill and negative goodwill have continued. - FY2026-H1WorsenedAnnual report
「Goodwill ¥769.618 million ¥775.909 million」
The goodwill balance increased from ¥769.618 million at the end of the previous fiscal year to ¥775.909 million. New goodwill arose in connection with M&A, and the subject of impairment risk remains. - FY2025WorsenedAnnual report
「This was mainly due to increases of ¥583.458 million in software and ¥656.461 million in goodwill, primarily as a result of M&A.」
M&A increased goodwill by ¥656.461 million, bringing the year-end balance to ¥769.618 million. The Group's exposure related to goodwill impairment risk has expanded. - FY2025-H1WorsenedAnnual report
「At the end of the current interim consolidated accounting period, property, plant and equipment and intangible assets totaled ¥4,399.027 million, an increase of ¥2,268.137 million from the end of the previous consolidated fiscal year. This was mainly due to increases of ¥906.926 million in software and ¥768.803 million in goodwill, primarily as a result of M&A.」
M&A increased goodwill by ¥768.803 million, expanding the Group's exposure related to goodwill impairment risk. - FY2025-Q1WorsenedAnnual report
「This was mainly due to increases of ¥824.669 million in goodwill and ¥1,072.956 million in other intangible fixed assets, primarily as a result of M&A.」
M&A increased goodwill by ¥824.669 million from the end of the previous fiscal year. Acquisitions including Magaseek and FASCINATE expanded the Group's goodwill-related exposure. - FY2024-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The Company states that there have been no material changes in the risk of goodwill impairment losses. - FY2023RestatedAnnual report
「① Amount of goodwill recognized ¥12.776 million ② Reason for recognition Because the acquisition cost exceeded the net amount allocated to the acquired assets and assumed liabilities, the difference was recognized as goodwill. ③ Amortization method and period Straight-line amortization over 5 years」
The annual consolidated financial statements confirm goodwill of ¥12.776 million related to the acquisition of Reebok's domestic business and straight-line amortization over 5 years. The goodwill impairment risk remains, but no impairment loss is reported for the current fiscal year. - FY2023-Q3WorsenedAnnual report
「① Amount of goodwill recognized ¥12.776 million ② Reason for recognition Because the acquisition cost exceeded the net amount allocated to the acquired assets and assumed liabilities, the difference was recognized as goodwill. ③ Amortization method and period Straight-line amortization over 5 years」
The acquisition of Reebok's domestic business generated goodwill of ¥12.776 million, adding new M&A-related goodwill exposure. - FY2023-Q2WorsenedAnnual report
「Amount of goodwill recognized, reason for recognition, amortization method and amortization period: Not determined at this time.」
The amount and other details of goodwill related to the acquisition of Reebok's domestic business have not been determined, adding new M&A-related goodwill exposure. - FY2023-Q1WorsenedAnnual report
「Goodwill amortization 1,802 11,121」
Goodwill amortization increased from ¥1.802 million in the same period of the previous year to ¥11.121 million, increasing the burden of M&A-related goodwill expenses. - FY2022WorsenedAnnual report
「Goodwill: ¥192.970 million. Goodwill amortization: ¥25.848 million.」
The acquisition of Fair Play generated new goodwill of ¥186.365 million, bringing the year-end goodwill balance to ¥192.970 million. The subject of M&A-related impairment risk has expanded, but no impairment loss is reported for the current fiscal year. - FY2022-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The Company states that there have been no material changes in the risk of goodwill impairment losses. - FY2022-Q1RestatedAnnual report
「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes in the risk of goodwill impairment losses. - FY2021WorsenedAnnual report
「This was mainly due to a ¥98.007 million increase in tangible fixed assets resulting from the transfer to a new warehouse and other factors, a ¥188.132 million increase in investments and other assets, and a ¥122.452 million increase in intangible fixed assets resulting from the recognition of goodwill and customer-related assets following the acquisition of Fashionwalker, among other factors.」
Goodwill of ¥32.453 million and customer-related assets of ¥70.200 million related to the acquisition of Fashionwalker were recognized in the period-end balance, specifying the Group's M&A-related intangible asset exposure. - FY2021-Q3WorsenedAnnual report
「This was mainly due to a ¥110.903 million increase in tangible fixed assets resulting from the transfer to a new warehouse and other factors, and a ¥117.101 million increase in intangible fixed assets resulting from goodwill and other items related to the acquisition of shares in Fashionwakler Co., Ltd.」
Intangible fixed assets increased by ¥117.101 million due to goodwill and other items related to the acquisition of Fashionwalker, expanding the Company's M&A-related goodwill exposure. No impairment loss is reported. - FY2021-Q2WorsenedAnnual report
「This was mainly due to a ¥121.858 million increase in tangible fixed assets resulting from the transfer to a new warehouse and other factors, and a ¥108.120 million increase in intangible fixed assets resulting from goodwill and other items related to the acquisition of shares in Fashionwakler Co., Ltd.」
The Company recognized ¥87.449 million of goodwill in connection with the acquisition of Fashionwalker, adding new M&A-related goodwill exposure. - FY2020MaterialisedAnnual report
「As a result, value in use was assessed at zero, and the full amount of ¥340.704 million was recognized as a goodwill impairment loss and recorded as an extraordinary loss in the current consolidated fiscal year.」
Of the ¥417.189 million of goodwill related to the acquisition of Mobakore, the full amount of ¥340.704 million was actually recognized as an impairment loss. - FY2020-Q3WorsenedAnnual report
「At the end of the third quarter of the current consolidated fiscal year, property, plant and equipment and intangible assets totaled ¥1,386.589 million, an increase of ¥623.687 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥382.315 million increase in intangible fixed assets, primarily from goodwill recognized in connection with the acquisition of shares in an affiliated company.」
M&A-related goodwill totaled ¥361.563 million, while goodwill amortization for the cumulative third-quarter period also increased to ¥55.625 million, expanding the Group's exposure to goodwill-related items. - FY2020-Q2WorsenedAnnual report
「Our Group has incurred goodwill amortization since the fiscal year ending February 2020, and we will continue to actively consider M&A to accelerate business growth, so goodwill amortization may increase.」
Goodwill amortization of ¥34.765 million was recognized, and the Company explicitly stated that continued consideration of M&A could increase future amortization. No impairment loss is reported. - FY2020-Q1WorsenedAnnual report
「Amount of goodwill recognized ¥417.189 million Reason for recognition Because the acquisition cost of the acquired company exceeded its net assets at the time of the business combination, the difference was recognized as goodwill. Amortization method and period Straight-line amortization over 5 years.」
The Company recognized ¥417.189 million of goodwill in connection with the acquisition of Mobakore, specifying the subject of the M&A-related goodwill impairment risk. No impairment loss is reported. - FY2019First statedAnnual report
「The Group conducts M&A as necessary to accelerate business growth, resulting in the recognition of goodwill. The Group conducts impairment tests on goodwill as appropriate, but if it determines that goodwill will not generate sufficient future cash flows, it may be required to recognize a goodwill impairment loss, which could affect the Group's business and results.」
The Company has disclosed, for the first time as a standalone item, the risk of an impairment loss if future cash flows related to goodwill arising from M&A are insufficient.