Recognition of goodwill in connection with the acquisition of AG NET
First written in FY2020-Q1. 5 of 14 entries say "Restated". Latest entry: FY2024-Q3.
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- FY2024-Q3Decrease in goodwill balance due to amortizationAnnual report
「Goodwill ¥88.499 million ¥75.011 million」
The balance of goodwill arising from the AG NET acquisition decreased from ¥88.499 million at the end of the previous consolidated fiscal year to ¥75.011 million at the end of the third quarter of the current fiscal year. - FY2024-Q2Decrease in goodwill balance due to amortizationAnnual report
「Goodwill ¥88.499 million ¥78.916 million」
The balance of goodwill arising from the AG NET acquisition decreased from ¥88.499 million at the end of the previous consolidated fiscal year to ¥78.916 million at the end of the second quarter of the current fiscal year. - FY2024-Q1Decrease in goodwill balance due to amortizationAnnual report
「Goodwill ¥88.499 million ¥83.093 million」
The balance of goodwill arising from the AG NET acquisition decreased from ¥88.499 million at the end of the previous consolidated fiscal year to ¥83.093 million at the end of the first quarter of the current fiscal year. - FY2023Decrease in goodwill balance due to amortizationAnnual report
「Balance at the end of the current fiscal year ¥88.499 million」
The balance of goodwill arising from the AG NET acquisition decreased from ¥102.785 million at the end of the previous fiscal year to ¥88.499 million at the end of the current fiscal year. - FY2023-Q2Increase in goodwill balanceAnnual report
「Goodwill ¥102.785 million ¥103.499 million」
The balance of goodwill arising from the AG NET acquisition increased from ¥102.785 million at the end of the previous consolidated fiscal year to ¥103.499 million at the end of the second quarter of the current fiscal year. - FY2023-Q1Slight increase in balanceAnnual report
「Goodwill ¥102.785 million ¥102.846 million」
The balance of goodwill arising from the AG NET acquisition increased from ¥102.785 million at the end of the previous consolidated fiscal year to ¥102.846 million at the end of the first quarter of the current fiscal year. - FY2022Update to Balance After ImpairmentAnnual report
「Goodwill at the end of the consolidated fiscal year: ¥102.785 million.」
Goodwill arising from the AG NET acquisition decreased from ¥303.284 million at the end of the previous fiscal year to ¥102.785 million after amortization and a ¥55.939 million impairment loss, among other factors. - FY2021RestatedAnnual report
「Goodwill arising from the event: ¥303.284 million.」
The ¥303.284 million in goodwill after finalizing the purchase price allocation for the AG NET acquisition was also confirmed in the annual financial results. - FY2021-Q3RestatedAnnual report
「As a result of finalizing this provisional accounting, a significant revision to the initial allocation of the purchase price has been reflected in the comparative information included in the quarterly consolidated financial statements for the cumulative third quarter of the current fiscal year. At the acquisition date (deemed acquisition date: 30 June 2019), ¥73.537 million was allocated to customer-related assets, ¥39.716 million to trademark rights, ¥70.507 million to technology-related assets and ¥31.239 million to deferred tax liabilities. Consequently, the provisionally calculated goodwill decreased by ¥152.521 million from ¥455.805 million to ¥303.284 million.」
The finalization of the purchase price allocation for the AG NET acquisition and the resulting goodwill of ¥303.284 million have been reconfirmed in the comparative information. - FY2021-Q2RestatedAnnual report
「As a result of finalizing this provisional accounting, a significant revision to the initial allocation of the purchase price has been reflected in the comparative information included in the quarterly consolidated financial statements for the cumulative second quarter of the current fiscal year. At the acquisition date (deemed acquisition date: 30 June 2019), ¥73.537 million was allocated to customer-related assets, ¥39.716 million to trademark rights, ¥70.507 million to technology-related assets and ¥31.239 million to deferred tax liabilities. Consequently, the provisionally calculated goodwill decreased by ¥152.521 million from ¥455.805 million to ¥303.284 million.」
The finalization of the purchase price allocation for the AG NET acquisition and the resulting goodwill of ¥303.284 million have been reconfirmed in the comparative information. - FY2021-Q1AchievedAnnual report
「The business combination with AG NET PTE. LTD. conducted on 31 May 2019 was accounted for provisionally during the first quarter of the previous fiscal year, but the accounting was finalized at the end of the previous fiscal year. As a result of finalizing this provisional accounting, a significant revision to the initial allocation of the purchase price has been reflected in the comparative information included in the quarterly consolidated financial statements for the cumulative first quarter of the current fiscal year. At the acquisition date (deemed acquisition date: 30 June 2019), ¥73.537 million was allocated to customer-related assets, ¥39.716 million to trademark rights, ¥70.507 million to technology-related assets and ¥31.239 million to deferred tax liabilities. Consequently, the provisionally calculated goodwill decreased by ¥152.521 million from ¥455.805 million to ¥303.284 million.」
The provisional purchase price allocation for the AG NET acquisition was finalized. After reflecting the allocation to customer-related assets, trademark rights, technology-related assets and deferred tax liabilities, goodwill decreased from ¥455.805 million to ¥303.284 million. - FY2020RestatedAnnual report
「Goodwill arising: ¥455.805 million.」
Recognition of ¥455.805 million in goodwill arising from the acquisition of AG NET was confirmed in the annual financial results. - FY2020-Q2RestatedAnnual report
「The amount of goodwill arising from this transaction was ¥455.805 million. The goodwill amount was provisionally calculated as of the end of the second quarter of the current consolidated fiscal year because the purchase price allocation had not yet been completed.」
The provisional recognition of ¥455.805 million in goodwill arising from the acquisition of AG NET has continued to be disclosed, and the allocation of the purchase price remained incomplete at the end of the second quarter. - FY2020-Q1First statedAnnual report
「The amount of goodwill arising from this transaction was ¥455.805 million. The goodwill amount was provisionally calculated as of the end of the first quarter of the current consolidated fiscal year because the purchase price allocation had not yet been completed.」
In connection with the acquisition of AG NET PTE. LTD., goodwill of ¥455.805 million was provisionally recognized. The goodwill primarily represents excess earning power expected from future business development and is scheduled to be amortized on a straight-line basis over 10 years.