Revision of the Business Systems Replacement Plan and Recognition of an Impairment Loss
First written in FY2023. 4 of 9 entries say "Advanced", first in 2026-05-13. Latest entry: 2026-08-06.
Asahi Net moved to the "Worse" side of this theme in 2023, 1 year before the typical company in this theme (2024).
The whole theme swung hardest in 2020: 4 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Advanced".
- 2026-08-06AdvancedEarnings
「The release of part of the core system renewal project, which has been under way since the previous fiscal year, resulted in higher depreciation, as well as higher maintenance fees and outsourcing expenses related to system maintenance and operation.」
Increases in depreciation and maintenance and operation expenses were confirmed in the quarterly results following the partial release of the core system renewal. - FY2026AdvancedAnnual report
「In addition, the company released part of the core systems renewal project it had been working on since the previous fiscal year, resulting in higher depreciation expenses and higher outsourcing expenses related to maintenance and development of the renewed core systems.」
While part of the core systems renewal was released, depreciation expenses and outsourcing expenses for maintenance and development increased. - FY2026-H1Partial Release of the Core SystemsAnnual report
「In addition, the company released part of the core systems renewal project it had been working on since the previous fiscal year, resulting in higher depreciation expenses and higher outsourcing expenses related to maintenance and development of the renewed core systems.」
While part of the core systems renewal was released, depreciation expenses and outsourcing expenses related to maintenance and development increased. - FY2024MaterialisedAnnual report
「The company has been proceeding with the renewal of business systems, including contract management and data integration with other carriers, among the fixed assets it holds, but determined at the end of the current fiscal year that some of the assets were no longer likely to be used. Following an assessment of the future recoverability of these idle assets based on the Accounting Standard for Impairment of Fixed Assets, the company reduced their carrying amount to the recoverable amount and recognized the reduction as an impairment loss under extraordinary losses.」
Assets that were no longer likely to be used in the business systems renewal arose, and the company recorded an impairment loss of ¥41 million in the fiscal year ended March 2024. - FY2024-Q3RestatedAnnual report
「During the cumulative third-quarter period, no new business or other risks arose. In addition, there were no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
The company stated that there had been no material changes during the quarter in the risks related to reformulating the business systems renewal plan and recording impairment losses. - FY2024-Q2MaterialisedAnnual report
「As with the year-end of the fiscal year ended March 2023, the company determined that some plans for the renewal of its core systems needed to be reformulated as of the end of the second quarter. Following an assessment of the future recoverability of certain assets already recognized, based on the Accounting Standard for Impairment of Fixed Assets, the company recorded ¥41 million as an impairment loss.」
The core systems renewal plan also needed to be reformulated at the end of the second quarter, resulting in an additional ¥41 million impairment loss. - FY2023MaterialisedAnnual report
「The company had been proceeding with the renewal of its business systems, including contract management and data integration with other carriers, but determined at the end of the current fiscal year that some plans needed to be reformulated. Following an assessment of the future recoverability of certain assets already recognized, based on the Accounting Standard for Impairment of Fixed Assets, the company recorded ¥372 million as an impairment loss.」
Some business systems renewal plans needed to be reformulated, and the company recorded an impairment loss of ¥372 million on assets for which no future cash flows were expected.