PMI Costs and Integration Burden Associated with M&A and Consolidation
First written in FY2018. 4 of 5 entries say "Materialised", first in FY2019-Q4. Latest entry: FY2026.
iRidge moved to the "Worse" side of this theme in 2019.
The whole theme swung hardest in 2024: 1 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「The Company had worked with its consolidated subsidiary 株式会社プラグイン to strengthen its development structure at its development base in Sapporo, Hokkaido. During the current consolidated fiscal year, because revenue opportunities are beginning to materialise in a manner different from initially expected when the company was made a subsidiary, the full carrying amount of the buildings and structures and other tangible fixed assets (tools, furniture and fixtures) related to the company acquired in connection with the relocation of the head office has been recognised as an impairment loss.」
The integration burden associated with making プラグイン a subsidiary and establishing the development base materialised during the current period as an impairment loss of ¥4.013 million on buildings and other assets. - FY2024MaterialisedAnnual report
「Because revenue opportunities related to 株式会社Qoil, a consolidated subsidiary, are beginning to materialise in a manner different from initially expected when it was made a consolidated subsidiary, the full carrying amount of goodwill related to 株式会社Qoil has been recognised as an impairment loss.」
The full ¥313.068 million of goodwill associated with making Qoil a consolidated subsidiary was impaired, demonstrating the actual integration and accounting burden arising because post-M&A revenue opportunities are materialising differently from initially expected. - FY2019MaterialisedAnnual report
「Amount of goodwill recognised: ¥593.181 million. Reason for recognition: the earning power expected from future business development.」
Goodwill of ¥593.181 million was recognised in connection with the acquisition of DGマーケティングデザイン, demonstrating the actual integration and accounting burden associated with M&A and consolidation. - FY2019-Q4MaterialisedAnnual report
「At the same time, costs are outpacing the increase in revenue as a result of investments to support business expansion, including recruitment, post-business capital alliance investments such as PMI, and investments in new businesses.」
Following the business and capital alliances, PMI investment has materialised as costs incurred ahead of revenue, together with investment in new businesses and recruitment. - FY2018First statedAnnual report
「In the fourth quarter, temporary costs associated with the expansion of floor space and PMI (Post Merger Integration) costs were incurred.」
The Company explicitly disclosed for the first time that PMI costs associated with post-M&A integration had actually been incurred, together with temporary costs associated with the expansion of floor space.