Risk of impairment of goodwill and investments in affiliates due to the deterioration in エモーションテック’s performance
First written in FY2022. 2 of 6 entries say "Worsened", first in FY2023-Q1. Latest entry: FY2024.
Plaid moved to the "Worse" side of this theme in 2023, 2 years after the typical company in this theme (2021).
The whole theme swung hardest in 2026: 17 of 32 companies on the "Worse" side.
6 other companies' latest entry also says "Worsened".
- FY2024WorsenedAnnual report
「During the consolidated fiscal year, the Company recognized an indication of impairment for the asset group including goodwill related to its consolidated subsidiary, 株式会社エモーションテック, because operating losses had continued.」
Due to deteriorating performance at Emotion Tech, an impairment loss of ¥142.161 million was recognized on goodwill during the consolidated fiscal year, representing an additional realization of impairment risk. - FY2023MaterialisedAnnual report
「For goodwill related to 株式会社エモーションテック, the Company recognized an indication of impairment because improvement in operating profit was expected to lag behind the company’s business plan at the time control was acquired.」
Due to the delay in Emotion Tech’s performance improvement, an indication of impairment arose and an impairment loss of ¥1,121.618 million was recognized on goodwill. Goodwill related to the company stood at ¥162.470 million at the fiscal year-end. - FY2023-Q3RestatedAnnual report
「The accounting treatment for the business combination with アジト株式会社 on 12 October 2022 was provisional in the first-quarter consolidated accounting period but was finalized in the current third-quarter consolidated accounting period. The amount of goodwill did not change as a result of finalizing the provisional accounting treatment.」
The provisional accounting treatment for the business combination with アジト社 was finalized, with no change in the ¥202.700 million amount of goodwill. No impairment loss or indication of impairment was reported. - FY2023-Q2RestatedAnnual report
「Amount of goodwill recognized ¥202.700 million」
The ¥202.700 million of goodwill arising from the acquisition of アジト社 as a subsidiary continues to be disclosed. No impairment loss or indication of impairment has been reported. - FY2023-Q1WorsenedAnnual report
「Amount of goodwill recognized ¥202.700 million」
New goodwill of ¥202.700 million was recognized in connection with the acquisition of アジト社 as a subsidiary, increasing the goodwill balance from ¥1,444.600 million at the end of the previous consolidated fiscal year to ¥1,607.173 million. The amount of goodwill exposed to impairment risk has increased. - FY2022First statedAnnual report
「There are no indications of impairment for goodwill related to Emotion Tech. However, if its operating performance deteriorates and an impairment loss is recognized, it would have a material impact on the consolidated financial statements.」
For Emotion Tech’s goodwill of ¥1,444.600 million, the possibility of an impairment loss arising from deteriorating performance or revisions to estimated future cash flows was disclosed separately for the first time.