Risk of Goodwill Impairment and Write-Downs of Subsidiary Shares Following M&A
First written in FY2022. 2 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2023: 35 of 97 companies on the "Worse" side.
27 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Company actively pursues M&A as part of its growth strategy and holds goodwill and shares in subsidiaries. If the poor performance of a subsidiary leads to impairment of goodwill or a write-down of shares in the subsidiary, this could affect the Company's performance and other matters.」
The Company continues to disclose the possibility of goodwill impairment and write-downs of subsidiary shares associated with M&A. - FY2023RestatedAnnual report
「As part of its growth strategy, the Group actively pursues M&A and holds goodwill and shares in subsidiaries. If the poor performance of a subsidiary leads to impairment of goodwill or a write-down of shares in the subsidiary, this could affect the Group's performance and other matters.」
Even after making 株式会社リアルネットプロ a wholly owned subsidiary, the Company continues to disclose the possibility of goodwill impairment and write-downs of subsidiary shares as risks associated with M&A. - FY2023-Q2Finalization of Accounting TreatmentAnnual report
「The provisionally calculated goodwill of ¥1,505.043 million decreased by ¥700.541 million to ¥804.502 million following the finalisation of the accounting treatment. In addition, in the consolidated balance sheet at the end of the previous consolidated fiscal year, goodwill decreased by ¥700.541 million, while customer-related assets increased by ¥1,071.000 million and deferred tax liabilities increased by ¥370.458 million.」
The provisional purchase price allocation for the business combination with 株式会社リアルネットプロ was finalised, and the amount of goodwill recognised was revised from ¥1,505.043 million to ¥804.502 million. - FY2022First statedAnnual report
「As part of its growth strategy, the Group actively pursues M&A and holds goodwill and shares in subsidiaries. If the poor performance of a subsidiary leads to impairment of goodwill or a write-down of shares in the subsidiary, this could affect the Group's performance and other matters.」
In connection with making 株式会社リアルネットプロ a wholly owned subsidiary, the Company recognised goodwill of ¥1,505.043 million and newly disclosed the possibility of impairment resulting from changes in its business plan or the market environment as a risk.