Impairment Loss Due to Delay in Launching Business Targeting the Education Market
First written in FY2017. 2 of 3 entries say "Materialised", first in FY2017. Latest entry: FY2024-H1.
Cyberlinks moved to the "Worse" side of this theme in 2024, the same year as the typical company in this theme.
The whole theme swung hardest in 2024: 19 of 45 companies on the "Worse" side.
33 other companies' latest entry also says "Materialised".
- FY2024-H1MaterialisedAnnual report
「Following a review of the sales plan for software for the education market during the current interim consolidated accounting period, the company could no longer expect the originally projected revenue. It therefore reduced the carrying amount of the asset group related to the business to its recoverable amount and recognized the resulting ¥29 million reduction as an impairment loss under extraordinary losses.」
Following a review of the sales plan for software for the education market, the company could no longer expect the projected revenue and recognized an impairment loss of ¥29 million. This is a new impairment charge following the previous delay in launching the education-market business. - FY2018Cited as achievedAnnual report
「Impairment loss 177,384 -」
The ¥177 million impairment loss recognized in the previous fiscal year is restated as comparative information in the statement of cash flows; no impairment loss was recognized in the current fiscal year. - FY2017MaterialisedAnnual report
「Meanwhile, due to delays in launching the business for the education market and other factors, the company recognized an impairment loss of ¥177 million on certain fixed assets, including software, as an extraordinary loss.」
The delayed launch of the business for the education market occurred, and the company recognized an impairment loss of ¥177 million on fixed assets, including software.