Acquisition of the U-NOTE Media Business for Young Business Professionals
First written in FY2019-Q2. 3 of 5 entries say "Restated". Latest entry: FY2021-Q3.
No other company in this theme has enough history to compare yet.
- FY2021-Q3RestatedAnnual report
「As the performance of the U-NOTE business continued to fall below the initial plan during the 3-month period ended 31 December, the carrying amount of the asset group associated with the business was reduced to its recoverable amount, and the reduction of ¥33.316 million was recognized as an impairment loss under extraordinary losses.」
Reiterated that the U-NOTE business continued to fall short of its plan and that an impairment loss of ¥33.316 million was recognized, comprising ¥30.841 million in goodwill and ¥2.475 million in software. - FY2021-Q2WorsenedAnnual report
「During the cumulative second quarter under review, the U-NOTE business continued to underperform its initial plan. Accordingly, the carrying amount of the asset group related to that business was reduced to its recoverable amount, and the resulting reduction of ¥33.316 million was recorded as an impairment loss under extraordinary losses.」
As the acquired U-NOTE business continued to fall short of its performance plan, an impairment loss of ¥33.316 million was recognized, comprising ¥30.841 million in goodwill and ¥2.475 million in software. - FY2019RestatedAnnual report
「At a meeting of the Board of Directors held on 18 September 2018, the Company resolved to enter into a business transfer agreement with 株式会社Ｕ－ＮＯＴＥ for the acquisition of its U-NOTE media business for young business professionals, entered into the agreement on the same date, and acquired the business effective 30 September 2018.」
Reiterated that the U-NOTE business was acquired effective 30 September 2018. Goodwill arising from the acquisition was disclosed at ¥50 million, to be amortized evenly over 5 years. - FY2019-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 18 September 2018, we resolved to enter into a business transfer agreement with 株式会社Ｕ－ＮＯＴＥ (head office: Shibuya-ku, Tokyo; hereinafter, U-NOTE, which changed its corporate name to グラム株式会社 effective 1 October 2018) for the acquisition of the U-NOTE media business for young business professionals operated by that company. We entered into the business transfer agreement on the same date and acquired the business effective 30 September 2018.」
Reiterated that the acquisition of the U-NOTE business was completed effective 30 September 2018. Goodwill arising from the acquisition was disclosed at ¥50 million, to be amortized evenly over 5 years, and the results of the acquired business were included in consolidated profit or loss from 1 October through 30 November 2018. - FY2019-Q2AchievedAnnual report
「At a meeting of the Board of Directors held on 18 September 2018, we resolved to enter into a business transfer agreement with 株式会社Ｕ－ＮＯＴＥ (head office: Shibuya-ku, Tokyo; hereinafter, U-NOTE) for the acquisition of the U-NOTE media business for young business professionals operated by that company. We entered into the business transfer agreement on the same date and acquired the business effective 30 September 2018.」
The acquisition of the business was completed on 30 September 2018. By providing PR TIMES news and business information through U-NOTE, synergies are expected from enriching the information sought by readers and increasing the distribution channels for news for the companies originating it.