Impairment Risk Associated with Software Investments
First written in FY2020. 1 of 2 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2024: 19 of 45 companies on the "Worse" side.
32 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「If the performance of each business falls significantly below its business plan and we determine, based on the outlook for performance and other factors at the end of the fiscal year, that the asset value of the software has declined significantly, we record an impairment loss.」
The risk of impairment associated with software investment continues to be disclosed. No impairment loss arose for any reporting segment during the current fiscal year. - FY2020First statedAnnual report
「If the performance of each business falls significantly below its business plan and we determine, based on the outlook for performance at the end of the fiscal year, that the asset value of the software has declined significantly, we record an impairment loss.」
It states that an impairment loss of ¥12.105 million was recorded in the previous fiscal year, while there was no such loss in the current fiscal year.