Eltes (3967) · RiskMaterialised
Risk of Recovery Shortfalls and Impairment Losses on DX Software for Local Governments
First written in FY2022. 2 of 6 entries say "Materialised", first in FY2025. Latest entry: FY2026.
6entries
5years
3from disclosures
How it moved
Same theme, other companies
Impairment risk due to declining recoverability of software investments and development assetsA theme 105 companies write about · 109 as a headwind · 0 as a tailwind
The whole theme swung hardest in 2024: 19 of 45 companies on the "Worse" side.
33 other companies' latest entry also says "Materialised".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 105 companies compared. The sentences above are computed from all 105.Full recordFilings, disclosures and news, newest first
- FY2026MaterialisedAnnual report
「Impairment loss (software) ¥238.154 million」
The company recognized an impairment loss of ¥201.404 million on DX software for local governments following a revision of expected revenue. In addition, a ¥36.750 million impairment loss on software arose in the AI security business. - FY2025MaterialisedAnnual report
「DX Promotion Business Operating assets Software ¥99.846 million」
The company recognized an impairment loss of ¥99.846 million on software related to DX services for local governments following a significant decline in expected total revenue. - FY2022First statedAnnual report
「If it becomes likely that the investment in the software cannot be recovered, for example because orders are not received as forecast in the following consolidated fiscal year, a one-time expense or loss may arise and may have a material impact on the software balance in the following consolidated fiscal year.」
The company assesses the software’s asset value based primarily on the assumption that it will secure new orders from local governments, and describes the possibility of expenses or losses arising if orders do not progress as forecast.