Impairment of Fixed Assets Including Software
First written in FY2020. 8 of 10 entries say "Materialised", first in FY2021. Latest entry: FY2025-H1.
freee K.K. moved to the "Worse" side of this theme in 2021, 3 years before the typical company in this theme (2024).
The whole theme swung hardest in 2024: 19 of 45 companies on the "Worse" side.
32 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「During the current interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no new occurrences or material changes regarding the impairment risk for fixed assets such as software. - FY2024MaterialisedAnnual report
「Impairment loss 1,472,903」
An impairment loss of ¥1,472.903 million was recorded for fixed assets and goodwill. Although impairment losses continued to be recorded, the amount decreased from ¥4,217.162 million in the previous consolidated fiscal year. - FY2024-Q3MaterialisedAnnual report
「Impairment loss 1,441,139」
An impairment loss of ¥1,441.139 million was recorded for fixed assets. Although impairment losses continued to be recorded, the amount decreased from ¥2,942.121 million in the same period of the previous year. - FY2024-Q1MaterialisedAnnual report
「Impairment loss 131,062」
For impairment of fixed assets, an impairment loss of ¥131.062 million was recorded for the three-month period of the current consolidated fiscal year. - FY2023-Q3MaterialisedAnnual report
「Impairment loss 2,942,121」
For impairment of fixed assets, an impairment loss of ¥2,942.121 million was recorded for the nine-month period of the current consolidated fiscal year. - FY2023-Q2MaterialisedAnnual report
「Impairment loss 2,065,037」
For impairment of fixed assets, an impairment loss of ¥2,065.037 million was recorded for the six-month period of the current consolidated fiscal year. - FY2023-Q1MaterialisedAnnual report
「Impairment loss 1,956,329」
For impairment of fixed assets, an impairment loss of ¥1,956.329 million was recorded for the three-month period of the current consolidated fiscal year. - FY2022-Q3MaterialisedAnnual report
「Impairment loss 132,967」
For impairment of fixed assets against a backdrop of continuing operating losses, an impairment loss of ¥132.967 million was recorded for the nine-month period of the current consolidated fiscal year. - FY2021MaterialisedAnnual report
「As operating losses have continued to be recorded during the current consolidated fiscal year, the Group determined that there were indications of impairment and considered whether impairment losses needed to be recorded. As a result, it determined that undiscounted future cash flows exceeded the carrying amount of the fixed assets and did not record impairment losses.」
Although indications of impairment were actually identified for the fixed assets, the Group determined that future cash flows exceeded their carrying amounts and did not record impairment losses. - FY2020First statedAnnual report
「If, in the future, the Group determines that there are indications of impairment for fixed assets such as software and that impairment losses should be recognized, recording those impairment losses may affect the Group's results.」
It identifies the impact on results arising from indications of impairment and impairment recognition for fixed assets such as software as a risk.