Goodwill Impairment Risk
First written in FY2018. 16 of 19 entries say "Worsened", first in FY2019. Latest entry: FY2026.
ZIGExN 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 2025: 46 of 100 companies on the "Worse" side.
28 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「As of 31 March 2026, the Group had goodwill of ¥13,483 million. If the profitability of an acquired company declines materially in the future and additional losses must be recognized, the Group's financial results may be affected.」
Goodwill increased from ¥10,872 million in the previous year to ¥13,483 million, increasing exposure to impairment risk resulting from lower profitability at acquired companies. - FY2026-H1WorsenedAnnual report
「This was mainly attributable to increases of ¥698 million in trade and other receivables, ¥2,301 million in goodwill, ¥645 million in intangible assets and ¥247 million in other financial assets, partly offset by a ¥1,897 million decrease in cash and cash equivalents.」
Goodwill increased from ¥10,872 million at the end of March FY2025 to ¥13,173 million at the end of FY2026-H1, an increase of ¥2,301 million that expanded exposure to goodwill impairment risk. - FY2025WorsenedAnnual report
「As of 31 March 2025, the Group had goodwill of ¥10,872 million. If the profitability of an acquired company declines materially in the future and additional losses must be recognized, the Group's financial results may be affected.」
Goodwill increased from ¥10,001 million in the previous year to ¥10,872 million, increasing exposure to impairment risk. The Group also recognized a ¥26 million impairment loss during the year. - FY2025-H1WorsenedAnnual report
「This was mainly attributable to increases of ¥470 million in trade and other receivables and ¥693 million in goodwill, among other factors.」
Goodwill increased from ¥10,001 million at the end of March FY2024 to ¥10,693 million at the end of the interim period, an increase of ¥693 million that expanded exposure to goodwill impairment risk. - FY2024WorsenedAnnual report
「As of 31 March 2024, the Group had goodwill of ¥10,001 million. If the profitability of an acquired company declines materially in the future and additional losses must be recognized, the Group's financial results may be affected.」
Goodwill increased from ¥9,911 million in the previous year to ¥10,001 million. The Group also recognized a ¥40 million impairment loss on goodwill during the current consolidated fiscal year. - FY2023WorsenedAnnual report
「As of 31 March 2023, the Group had goodwill of ¥9,911 million. If the profitability of an acquired company declines materially in the future and additional losses must be recognized, the Group's financial results may be affected.」
Goodwill increased from ¥6,934 million in the previous year to ¥9,911 million, increasing exposure to the risk of additional losses resulting from lower profitability at acquired companies. - FY2023-Q3WorsenedAnnual report
「This was mainly attributable to increases of ¥452 million in trade and other receivables, ¥379 million in other current assets, ¥2,293 million in goodwill, ¥405 million in intangible assets and ¥331 million in other financial assets, partly offset by a ¥773 million decrease in cash and cash equivalents.」
Goodwill increased from ¥6,934 million at the end of March 2022 to ¥9,227 million at the end of December 2022, an increase of ¥2,293 million that expanded exposure to impairment risk. - FY2023-Q2WorsenedAnnual report
「This was mainly attributable to increases of ¥414 million in trade and other receivables, ¥388 million in other current assets, ¥622 million in goodwill and ¥236 million in intangible assets, partly offset by a ¥433 million decrease in cash and cash equivalents.」
Goodwill increased from ¥6,934 million at the end of March FY2022 to ¥7,556 million at the end of September 2022, an increase of ¥622 million that expanded exposure to impairment risk. - FY2023-Q1WorsenedAnnual report
「Goodwill increased by ¥173 million.」
Goodwill increased from ¥6,934 million at the end of March FY2022 to ¥7,107 million at the end of June, increasing by ¥173 million and expanding exposure to impairment risk resulting from lower profitability at acquired companies. - FY2022RestatedAnnual report
「As of 31 March 2022, the Group had goodwill of ¥6,934 million. If the profitability of an acquired company declines materially in the future and additional losses must be recognized, the Group's financial results may be affected.」
The Group continued to disclose goodwill of ¥6,934 million and the possibility of additional losses resulting from lower profitability at acquired companies. - FY2021-Q2MaterialisedAnnual report
「The Group conducted an impairment test under IFRS during the six months ended the second quarter of the current consolidated fiscal year and recognized total impairment losses of ¥3,986 million. The main components are as follows.」
Goodwill impairment risk materialized, and total impairment losses of ¥3,986 million were recognized, including ¥1,750 million of goodwill at Apple World and ¥1,580 million of goodwill at Sanko Ad. - FY2020WorsenedAnnual report
「As of 31 March 2020, the Group had goodwill of ¥9,428 million. If the profitability of an acquired company declines materially in the future and an impairment loss must be recognized, the Group's financial results may be affected.」
Goodwill increased from the previously reported ¥8,539 million to ¥9,428 million, increasing exposure to impairment risk. - FY2020-Q3WorsenedAnnual report
「At the end of the third quarter of the current consolidated fiscal year, total assets were ¥20,865 million, an increase of ¥817 million from the end of the previous consolidated fiscal year. This was mainly attributable to increases of ¥1,149 million in right-of-use assets and ¥276 million in goodwill, partly offset by a ¥518 million decrease in cash and cash equivalents.」
Goodwill increased by ¥276 million from the end of the previous consolidated fiscal year to ¥8,539 million, further increasing exposure to goodwill impairment risk. - FY2019WorsenedAnnual report
「As of 31 March 2019, the Group had goodwill of ¥8,263 million. If the profitability of an acquired company declines materially in the future and an impairment loss must be recognized, the Group's financial results may be affected.」
Goodwill increased from ¥7,554.729 million in the previous year to ¥8,263 million, increasing exposure to impairment risk resulting from lower profitability at acquired companies. - FY2018First statedAnnual report
「As of 31 March 2018, the Group had goodwill of ¥7,554.729 million. If the profitability of an acquired company declines materially in the future and an impairment loss must be recognized, the Group's financial results may be affected.」
Goodwill of ¥7,554.729 million was reported, and impairment losses resulting from lower profitability at acquired companies were explicitly identified as a new financial risk.