Goodwill Impairment Risk Associated with M&A
First written in FY2017-Q3. 6 of 7 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2019: 22 of 50 companies on the "Worse" side.
27 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The determination of whether there are indications of goodwill impairment and whether to recognize an impairment loss is significantly affected by assumptions incorporated into future business plans and by specific judgments. If the original business plan diverges from actual results, the amount of goodwill may be materially affected in the consolidated financial statements for the following fiscal year and beyond.」
The company continues to disclose the risk that divergence between the CuBe business's plan and actual results, among other factors, could affect future impairment assessments of ¥58.233 million in goodwill. - FY2023RestatedAnnual report
「To determine whether there are indications of goodwill impairment, the company assesses whether the profits and losses arising from the operating activities of ビジネスネットコーポレーション have deteriorated continuously, whether the scope or method of use of the assets has changed in a way that significantly reduces their recoverable amount, whether the related business environment has deteriorated significantly, and whether the market prices of the assets have declined significantly.」
The company continues to manage the impairment risk associated with ¥136.016 million in goodwill by monitoring deterioration in the subsidiary's results and business environment, among other factors, as indications of impairment. - FY2022RestatedAnnual report
「However, if changes in the business environment after goodwill is recognized cause a significant decline in the goodwill's excess earning power, impairment losses may arise and affect our group's results and financial position.」
The company continues to disclose the risk of a decline in the excess earning power of goodwill recognized in connection with the acquisition of the subsidiary and the resulting impairment risk. - FY2020RestatedAnnual report
「However, if changes in the business environment after goodwill is recognized cause a significant decline in the goodwill's excess earning power, impairment losses may arise and affect our group's results and financial position.」
The company continues to disclose the risk of a decline in the excess earning power of goodwill recognized in connection with the acquisition of the subsidiary and the resulting impairment risk. - FY2018RestatedAnnual report
「If changes in the business environment after goodwill is recognized cause a significant decline in the goodwill's excess earning power, impairment losses may arise and affect our group's results and financial position.」
The company continues to disclose the impairment risk associated with the decline in the excess earning power of goodwill recognized in connection with the acquisition of the subsidiary. - FY2017RestatedAnnual report
「If changes in the business environment after goodwill is recognized cause a significant decline in the goodwill's excess earning power, impairment losses may arise and affect our group's results and financial position.」
The company continues to disclose the impairment risk associated with the decline in the excess earning power of ¥369.188 million in goodwill recognized in connection with the acquisition of the subsidiary. - FY2017-Q3First statedAnnual report
「If changes in the business environment after goodwill is recognized cause a significant decline in the goodwill's excess earning power, impairment losses may arise and affect the operating results and financial position of our group.」
The company has newly disclosed the possibility that the excess earning power of goodwill recognized when the company became a consolidated subsidiary through a capital alliance may decline due to changes in the business environment, resulting in impairment losses.