GMO Financial Gate (4051) · RiskMitigated
Impairment of Goodwill and Customer-Related Assets
First written in FY2020. 2 of 3 entries say "Mitigated", first in FY2021. Latest entry: FY2023.
3entries
4years
0from disclosures
How it moved
Same theme, other companies
Impairment of Goodwill and Trademark Rights Associated with AcquisitionsA theme 207 companies write about · 209 as a headwind · 0 as a tailwind
The whole theme swung hardest in 2023: 35 of 97 companies on the "Worse" side.
32 other companies' latest entry also says "Mitigated".
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 198 companies compared. The sentences above are computed from all 198.Comparing 200 of the theme's 209 threads.Full recordFilings, disclosures and news, newest first
- FY2023MitigatedAnnual report
「No indications of impairment of the above goodwill and customer-related assets were identified during the consolidated fiscal year.」
The Group recognized goodwill of ¥133,315 thousand and customer-related assets of ¥42,810 thousand, but explained that no indications of impairment were identified during the consolidated fiscal year. The possibility of impairment resulting from deviations from future profit and loss plans continues to be disclosed. - FY2021MitigatedAnnual report
「No indications of impairment of the above goodwill and customer-related assets were identified during the consolidated fiscal year.」
The Group recognized goodwill of ¥222,192 thousand and customer-related assets of ¥128,432 thousand, but explained that no indications of impairment were identified during the consolidated fiscal year. The possibility of impairment resulting from deviations from future earnings plans continues to be disclosed. - FY2020First statedAnnual report
「If the future profitability of the company declines, it may become necessary to recognize impairment losses on the goodwill and customer-related assets, which could have a material impact on the performance of our Group.」
The disclosure addresses the risk of impairment resulting from a decline in future profitability relating to goodwill and customer-related assets associated with GCS, which became a subsidiary in 2016.