Impairment Risk Due to Changes in the Business Environment
First written in FY2016. 3 of 7 entries say "Restated". Latest entry: FY2022.
NEXYZ.Group moved to the "Worse" side of this theme in 2020, 4 years before the typical company in this theme (2024).
The whole theme swung hardest in 2020: 4 of 7 companies on the "Worse" side.
9 other companies' latest entry also says "Materialised".
- FY2022MaterialisedAnnual report
「For business assets, in connection with structural reforms in the electricity retail business, the carrying amount of software that is not expected to be used going forward was reduced to its recoverable amount, and the reduction was recognized as an impairment loss.」
In connection with structural reforms in the electricity retail business, the company recognized a ¥14 million impairment loss on software that is not expected to be used. - FY2020MaterialisedAnnual report
「For a consolidated subsidiary, because the recovery of the investment in business assets and goodwill was no longer expected due to declining profitability, the entire carrying amount of the business assets was written down, and the entire unamortized balance of the goodwill was recognized as an impairment loss.」
The company recognized impairment losses of ¥2 million on business assets and ¥170 million on goodwill, totaling ¥172 million, demonstrating that the impairment risk has materialized. - FY2020-Q3MaterialisedAnnual report
「At the time of acquiring the shares of CrowdLab, a consolidated subsidiary, the company recognized goodwill based on expected excess earning power. The entire unamortized balance of that goodwill has been recognized as an impairment loss under extraordinary losses.」
An event has occurred in which the entire ¥170 million unamortized balance of goodwill recognized at the time of the acquisition of CrowdLab was recorded as an impairment loss because of changes in the business environment and other factors. - FY2019RestatedAnnual report
「Changes in the business environment going forward may result in impairment losses being recognized on the group’s fixed assets, which could affect its performance.」
The risk of impairment of fixed assets resulting from changes in the business environment continues to be disclosed. - FY2018RestatedAnnual report
「Changes in the business environment going forward may result in impairment losses being recognized on the group’s fixed assets, which could affect its performance.」
The risk of impairment of fixed assets resulting from changes in the business environment continues to be disclosed. - FY2017RestatedAnnual report
「Changes in the business environment going forward may result in impairment losses being recognized on the group’s fixed assets, which could affect its performance.」
The possibility of impairment losses continues to be disclosed. No impairment loss was recognized in the current fiscal year. - FY2016First statedAnnual report
「Changes in the business environment going forward may result in impairment losses being recognized on other fixed assets of the group, which could affect its performance.」
The disclosure indicates the possibility of recognizing impairment losses on fixed assets because of future changes in the business environment.