Goodwill impairment risk arising from the acquisition of 駿河サービス工業
First written in FY2022. 2 of 4 entries say "Worsened", first in FY2024. Latest entry: FY2026.
Tokushu Tokai Paper 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 2023: 35 of 98 companies on the "Worse" side.
29 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「As of the end of the current consolidated fiscal year, we determined that there were no indications of impairment in the goodwill arising from the acquisitions of the above 3 companies.」
The Company stated that, as of the end of the fiscal year, there were no indications of impairment in the goodwill arising from the acquisitions of 駿河サービス工業, トーエイ and 貴藤. - FY2025WorsenedAnnual report
「The Group recognized goodwill upon making 株式会社駿河サービス工業 a consolidated subsidiary in the 13th consolidated fiscal year, from 1 April 2019 to 31 March 2020, トーエイホールディングス株式会社 a consolidated subsidiary in the 17th consolidated fiscal year, from 1 April 2023 to 31 March 2024, and 株式会社貴藤ホールディングス a consolidated subsidiary in the 18th consolidated fiscal year, from 1 April 2024 to 31 March 2025.」
貴藤ホールディングス株式会社, which was made a consolidated subsidiary in fiscal 2024, has been added to the scope of goodwill impairment risk. - FY2024WorsenedAnnual report
「The Group recognized goodwill upon making 株式会社駿河サービス工業 a consolidated subsidiary in the 13th consolidated fiscal year, from 1 April 2019 to 31 March 2020, and トーエイホールディングス株式会社 a consolidated subsidiary in the 17th consolidated fiscal year, from 1 April 2023 to 31 March 2024.」
Goodwill arising from making トーエイホールディングス株式会社 a consolidated subsidiary has been added to the scope of goodwill impairment risk. - FY2022First statedAnnual report
「The Group recognized goodwill upon making 株式会社駿河サービス工業 a consolidated subsidiary in the 13th consolidated fiscal year, from 1 April 2019 to 31 March 2020. We believe this goodwill appropriately reflects the future earnings capacity resulting from the realization of business value and synergies. However, if profitability declines due to economic fluctuations or other factors, the recognition of an impairment loss could affect the Group's operating results and financial position.」
The Company has stated for the first time the impairment risk associated with goodwill arising from making 駿河サービス工業 a subsidiary if profitability declines.