Park24 (4666) · FactFirst stated

Finalization of Provisional Accounting Treatment for the NCP Acquisition

First written in FY2018. . Latest entry: FY2018.

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FY2018First statedAnnual report
「Provisional accounting had been applied in the previous consolidated fiscal year for the business combination with MEIF Ⅱ CP Holdings 2 Limited conducted on 3 August 2017, but was finalized during the current consolidated fiscal year. As a result, the provisionally calculated goodwill of ¥42,252 million decreased by ¥14,321 million upon finalization of the accounting treatment to ¥27,931 million, which will be amortized on a straight-line basis over 20 years.」
The provisional purchase price allocation relating to the acquisition of NCP was finalized, and goodwill was revised from ¥42.252 billion to ¥27.931 billion.

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