Increase in Upfront Costs Associated with New-Site Openings and Nursing Care M&A
First written in FY2018-Q1. 2 of 24 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2019: 2 of 7 companies on the "Worse" side.
2 other companies' latest entry also says "Other".
- FY2026Updated goodwill amount related to the acquisition of LinkheartAnnual report
「① Amount of goodwill recognized ¥365.486 million ② Reason for recognition The goodwill arose from the future excess earning power expected from the business's future development. ③ Amortization method and period Straight-line amortization over 15 years」
The goodwill amount related to the acquisition of Linkheart was updated from the provisional amount of ¥472.581 million disclosed for the previous six-month period to ¥365.486 million. It is being amortized on a straight-line basis over 15 years. - FY2026-H1Increase in goodwill related to the acquisition of LinkheartAnnual report
「In the childcare and elderly care business segment, all shares of Linkheart Co., Ltd. were acquired, making it a consolidated subsidiary. The increase in goodwill resulting from this transaction was ¥472.581 million for the six-month period under review.」
The acquisition of Linkheart increased goodwill in the childcare and elderly care business segment by ¥472.581 million. The goodwill is a provisional amount pending completion of purchase price allocation and is being amortized on a straight-line basis over 15 years. - FY2024Continued decline in goodwill amortizationAnnual report
「Cash flows from operating activities included profit before income taxes of ¥574 million, depreciation and amortization of ¥899 million, impairment loss of ¥368 million, income tax payments of ¥517 million and other items.」
Goodwill amortization was ¥132 million, down from ¥244 million in the previous year. - FY2024-Q3Continued decline in goodwill amortizationAnnual report
「Goodwill amortization ¥188.502 million ¥99.666 million」
Goodwill amortization for the first 3 quarters was ¥99.666 million, down from ¥188.502 million in the same period of the previous year. - FY2024-Q2Decrease in goodwill amortizationAnnual report
「Goodwill amortization ¥132.651 million ¥66.444 million」
Goodwill amortization for the first 2 quarters was ¥66.444 million, down from ¥132.651 million in the same period of the previous year. - FY2024-Q1Decrease in goodwill amortizationAnnual report
「Depreciation and amortization ¥222.591 million ¥221.719 million Goodwill amortization ¥66.325 million ¥33.222 million」
Goodwill amortization was ¥33.222 million in the first quarter, down from ¥66.325 million in the same period of the previous year. - FY2023Full-year update to goodwill amortizationAnnual report
「Cash flows from operating activities included profit before income taxes of ¥54 million, depreciation and amortization of ¥906 million, impairment loss of ¥509 million, goodwill amortization of ¥244 million, income tax payments of ¥426 million and other items.」
Goodwill amortization was ¥244 million for the year, down from ¥279 million in the previous year. - FY2023-Q3Decrease in goodwill amortizationAnnual report
「Depreciation and amortization ¥704.230 million ¥676.510 million Goodwill amortization ¥212.784 million ¥188.502 million」
Goodwill amortization for the first 3 quarters was ¥188.502 million, down from ¥212.784 million in the same period of the previous year. - FY2023-Q2Decrease in goodwill amortizationAnnual report
「Goodwill amortization ¥146.458 million ¥132.651 million」
Goodwill amortization for the first 2 quarters was ¥132.651 million, down from ¥146.458 million in the same period of the previous year. - FY2023-Q1Decrease in goodwill amortizationAnnual report
「Depreciation and amortization ¥232.231 million ¥222.591 million Goodwill amortization ¥73.229 million ¥66.325 million」
Goodwill amortization was ¥66.325 million in the first quarter, down from ¥73.229 million in the same period of the previous year. - FY2022-Q3Decrease in goodwill amortizationAnnual report
「Depreciation and amortization ¥664.495 million ¥704.230 million Goodwill amortization ¥228.059 million ¥212.784 million」
Goodwill amortization for the first 3 quarters was ¥212.784 million, down from ¥228.059 million in the same period of the previous year. - FY2022-Q2Decrease in goodwill amortizationAnnual report
「Cash flows from operating activities included profit before income taxes of ¥394 million, depreciation and amortization of ¥467 million, goodwill amortization of ¥146 million, income tax payments of ¥305 million and other items.」
Goodwill amortization for the first 2 quarters was ¥146 million, down from ¥153 million in the same period of the previous year. - FY2022-Q1Decrease in goodwill amortizationAnnual report
「Goodwill amortization ¥75.006 million ¥73.229 million」
Goodwill amortization for the first quarter was ¥73.229 million, down from ¥75.006 million in the same period of the previous year. - FY2021Decrease in goodwill amortizationAnnual report
「Cash flows from operating activities included profit before income taxes of ¥583 million, depreciation and amortization of ¥906 million, goodwill amortization of ¥303 million, interest paid of ¥151 million and other items.」
Goodwill amortization was ¥303 million for the year, down from ¥313 million in the previous year. - FY2021-Q3Decrease in Goodwill AmortizationAnnual report
「Goodwill amortization ¥239.685 million ¥228.059 million」
Goodwill amortization for the first 3 quarters was ¥228.059 million, down from ¥239.685 million in the same period of the previous year. - FY2021-Q1Decrease in Goodwill AmortizationAnnual report
「Depreciation and amortization ¥166.883 million ¥213.954 million Goodwill amortization ¥80.736 million ¥75.006 million」
Goodwill amortization was ¥75.006 million in the first quarter, down from ¥80.736 million in the same period of the previous year. - FY2020Increase in Goodwill AmortizationAnnual report
「Cash flows from operating activities included profit before income taxes of ¥1,256 million, depreciation and amortization of ¥772 million, goodwill amortization of ¥313 million, an increase in liabilities related to retirement benefits of ¥135 million, interest paid of ¥129 million and other items.」
Goodwill amortization was ¥313 million for the year, up from ¥252 million in the previous year. - FY2020-Q3Increase in Goodwill AmortizationAnnual report
「Depreciation and amortization ¥432.418 million ¥562.227 million Goodwill amortization ¥183.557 million ¥239.685 million」
Goodwill amortization for the first 3 quarters was ¥239.685 million, up from ¥183.557 million in the same period of the previous year. - FY2020-Q2Increase in Goodwill AmortizationAnnual report
「Cash flows from operating activities included profit before income taxes of ¥347 million, depreciation and amortization of ¥370 million, goodwill amortization of ¥160 million, an increase in accounts payable of ¥218 million, income tax payments of ¥280 million and other items.」
Goodwill amortization was ¥160 million, up from ¥111 million in the same period of the previous year. - FY2020-Q1Higher amortization of goodwillAnnual report
「Segment revenue for the current cumulative first quarter of the consolidated fiscal year increased to ¥817 million, up 39.6% year on year, due to a 25.4% increase in customers, or 1,390 people. However, the segment posted a loss of ¥88 million, compared with profit of ¥0 million in the year-earlier period, mainly due to the impact of higher goodwill-related expenses for the 2 subsidiaries acquired through M&A in the fiscal year ended May 2019.」
In addition to M&A acquisition fees and other costs, higher goodwill amortization for the 2 companies acquired in the fiscal year ended May 2019 was specifically cited as a factor behind the loss in the language-related business. - FY2019Higher M&A costs and goodwill amortizationAnnual report
「Operating income fell below the previous year as a result of the impact of natural disasters, including the earthquake, typhoons and heavy rain in summer 2018, as well as higher M&A fees and goodwill amortization.」
In addition to the previously cited upfront investment costs and acquisition fees associated with opening new locations and M&A, higher goodwill amortization was cited as a factor behind the decline in full-year operating income. - FY2018-Q3RestatedAnnual report
「Operating income was ¥958 million (100.7%), an increase of ¥6 million from the same period of the previous year, despite higher expenses including upfront investment costs associated with opening schools and childcare facilities and acquisition fees for M&A transactions related to the launch of the elderly care business.」
The increase in expenses from upfront investment costs associated with opening schools and childcare facilities and acquisition fees for elderly care M&A continues to be cited as a factor affecting profit. - FY2018-Q2RestatedAnnual report
「The increase in expenses was attributable to the recognition of upfront investment costs associated with opening schools and childcare facilities, as well as acquisition fees for M&A transactions related to the launch of the elderly care business.」
Upfront investment costs associated with opening schools and childcare facilities and acquisition fees for M&A transactions related to the launch of the elderly care business continue to be cited as factors behind the increase in expenses and decline in profit. - FY2018-Q1First statedAnnual report
「The increase in expenses was attributable to the recognition of upfront investment costs associated with opening schools and childcare facilities, as well as acquisition fees for M&A transactions related to the launch of the elderly care business.」
It explains that upfront investment costs associated with opening schools and childcare facilities and acquisition fees for M&A transactions related to the launch of the elderly care business were recognized and contributed to the decline in profit.