Risk of goodwill impairment
First written in FY2024. 2 of 5 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026MitigatedAnnual report
「No securities were impaired during the consolidated fiscal year.」
The goodwill for which an impairment loss of ¥250 million was recognized in the previous fiscal year had a zero balance, and no goodwill impairment loss was recognized in the current fiscal year. - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, no new business or other risks arose. There were also no significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no new developments or significant changes regarding the risk of goodwill impairment. - FY2025MaterialisedAnnual report
「During the current consolidated fiscal year, our group recognized impairment losses on the following assets. Shibuya-ku, Tokyo Contents business Operating assets Goodwill 250」
For goodwill for which indicators of impairment had existed in the previous fiscal year but no loss had been recognized, the company recognized an impairment loss of ¥250 million in the current fiscal year, reducing the goodwill balance to zero. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, no new business or other risks arose. There were also no significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no new developments or significant changes regarding the risk of goodwill impairment. - FY2024First statedAnnual report
「Our group has recognized ¥350 million in goodwill, representing 1.8% of total assets. The goodwill arose when consideration was paid under sponsorship agreements to acquire the rights to use artists’ trademarks and other rights, as well as related outsourced business rights. The goodwill is primarily supported by future cash flows generated from operating fan clubs, fan sites, and e-commerce businesses related to the artists concerned. If indicators of impairment are identified and the total undiscounted future cash flows falls below the carrying amount of the goodwill, an impairment loss may be recognized, reducing the value of the goodwill. As of 31 March 2024, although indicators of impairment existed because actual results had diverged from the plans initially assumed, no impairment loss was recognized for the consolidated fiscal year because the total undiscounted future cash flows based on assumptions including future fan club membership numbers did not fall below the carrying amount of the goodwill. However, if conditions such as fan club membership remaining below the level assumed by our group continue, an impairment loss may be recognized.」
The company recognized ¥350 million in goodwill, representing 1.8% of total assets, and identified indicators of impairment due to divergence from its plans. However, no impairment loss was recognized for the year, and the company disclosed the possibility of impairment as a risk if future fan club membership and other factors fall below assumptions.