Impairment risk due to declining profitability of business assets
First written in FY2023. 2 of 3 entries say "Worsened", first in FY2024. Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025WorsenedAnnual report
「Because the profitability of its SaaS business declined and recovery of the investment was no longer expected, the Group reduced the carrying amount of its tools, equipment and fixtures to their recoverable amount and recognised ¥11.727 million as an impairment loss under extraordinary losses.」
The decline in the profitability of the SaaS business resulted in an impairment loss of ¥11.727 million on RightTouch's business assets, meaning that the risk of declining profitability of business assets continued to materialise. - FY2024WorsenedAnnual report
「Because the profitability of its SaaS business declined and recovery of the investment was no longer expected, the Group reduced the carrying amount of its tools, equipment and fixtures to their recoverable amount and recognised ¥11.018 million as an impairment loss under extraordinary losses.」
An impairment loss on business assets resulting from the decline in the profitability of the SaaS business was recognised again following the previous fiscal year, with ¥11.018 million recorded in the current fiscal year. - FY2023MaterialisedAnnual report
「Because the profitability of its SaaS business declined and recovery of the investment was no longer expected, the Group reduced the carrying amount of its tools, equipment and fixtures to their recoverable amount and recognised ¥11.54 million as an impairment loss under extraordinary losses.」
The decline in the profitability of the SaaS business resulted in an actual impairment loss of ¥11.54 million on tools, equipment and fixtures.