Impairment Risk Relating to Goodwill and Excess Earning Power from the 集学舎 Acquisition
First written in FY2021. 4 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 35 of 97 companies on the "Worse" side.
27 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The goodwill related to 集学舎 was recognized when the company was acquired in 2018 and is being amortized on a straight-line basis over 10 years.」
The company continues to amortize the goodwill related to 集学舎 on a straight-line basis over 10 years. Although indicators of impairment exist, no impairment loss has been recognized because undiscounted future cash flows exceed the carrying amount. - FY2024RestatedAnnual report
「Although indicators of impairment exist, no impairment loss has been recognized because undiscounted future cash flows exceed the carrying amount of the asset group, including goodwill.」
Amortization of the goodwill related to 集学舎 had reduced its balance to ¥426.382 million at the end of the current fiscal year. Although indicators of impairment continued to exist, no impairment loss was recognized. - FY2023RestatedAnnual report
「The goodwill related to 集学舎 was recognized when the company was acquired in 2018 and is being amortized on a straight-line basis over 10 years.」
The company continues to amortize the goodwill related to 集学舎 on a straight-line basis over 10 years. Although indicators of impairment remain, the amount recognized in the current fiscal year was ¥540.085 million, and no impairment loss was recognized. - FY2022RestatedAnnual report
「Although indicators of impairment exist, no impairment loss has been recognized because undiscounted future cash flows exceed the carrying amount of the asset group, including goodwill.」
Goodwill related to 集学舎 amounted to ¥653.787 million at the end of the current fiscal year. Although indicators of impairment exist, no impairment loss has been recognized. - FY2021First statedAnnual report
「Goodwill related to 集学舎: ¥767.489 million. Although indicators of impairment exist, no impairment loss has been recognized because undiscounted future cash flows exceed the carrying amount of the asset group, including goodwill.」
The company disclosed for the first time that indicators of impairment existed for the ¥767.489 million of goodwill arising from the acquisition of 集学舎. However, no impairment loss was recognized in the current fiscal year because future cash flows exceeded the carrying amount.