Risk of impairment of goodwill arising from acquisitions
First written in FY2025. 2 of 4 entries say "Worsened", first in FY2026. Latest entry: 2026-08-12.
Zuu moved to the "Worse" side of this theme in 2026, 2 years after the typical company in this theme (2024).
The whole theme swung hardest in 2023: 35 of 97 companies on the "Worse" side.
26 other companies' latest entry also says "Worsened".
- 2026-08-12WorsenedEarnings
「This was due to increases of ¥204,282 thousand in goodwill and ¥1,615,105 thousand in investment securities.」
The goodwill balance increased from ¥231,088 thousand at the previous fiscal year-end to ¥435,370 thousand, expanding the balance subject to impairment risk from acquisitions. - FY2026Increase in goodwill arising from contingent considerationAnnual report
「Acquisition of shares in 株式会社AWZ (now 株式会社ZUU Wealth Management), with additional recognition based on the finalization of payment of contingent consideration March 2026 ¥99.320 million」
Following the finalization of payment of contingent consideration, additional goodwill related to ZUU Wealth Management was recognized, increasing the goodwill balance from ¥177.485 million at the end of the previous fiscal year to ¥231.088 million. The possibility of an impairment loss remains if future plans are not achieved. - FY2026-H1Decrease in goodwill balanceAnnual report
「This was mainly attributable to an increase of ¥1,133,934 thousand in investment securities and a decrease of ¥22,858 thousand in goodwill.」
The goodwill balance decreased from ¥177.485 million at the end of the previous consolidated fiscal year to ¥154.627 million. The Company reported goodwill amortization of ¥22.858 million for the interim consolidated accounting period, rather than an impairment loss. - FY2025First statedAnnual report
「Goodwill ¥177.485 million The assumptions used in these estimates were judged to be reasonable. However, if changes in uncertain future conditions require the assumptions to be revised, an impairment loss may need to be recognized in the consolidated financial statements for the following consolidated fiscal year.」
The Company disclosed that an impairment loss may be required in the following consolidated fiscal year if assumptions regarding future business plans change, in relation to ¥177.485 million of goodwill arising from the acquisitions of 株式会社ZUU Wealth Management, 株式会社経済界 and 株式会社経済界倶楽部.