Impairment Losses on Business-Use Software
First written in FY2022-Q2. 2 of 3 entries say "Materialised", first in FY2022. Latest entry: FY2026.
Creek & River moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
4 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Recognized impairment losses on software under development and goodwill deemed unrecoverable due to lower profitability and recorded them as extraordinary losses.」
The company recognized an impairment loss of ¥30.843 million on software under construction for business use. The previously identified risk of software impairment has materialized again in another asset. - FY2022MaterialisedAnnual report
「The company recognized the full carrying amount of business-use assets for which recovery of the investment was not expected as an impairment loss under extraordinary losses.」
The company recognized an impairment loss of ¥77.258 million on business-use software in Minato-ku, Tokyo for the full fiscal year. - FY2022-Q2First statedAnnual report
「Minato-ku, Tokyo Business-use assets Software ¥77.258 million During the cumulative second quarter of the fiscal year, the company assessed whether impairment was required and recognized the full carrying amount of business-use assets for which recovery of the investment was not expected as an impairment loss under extraordinary losses.」
The company recognized an impairment loss of ¥77.258 million on business-use software in Minato-ku, Tokyo, for which recovery of the investment was not expected.