Reduction in Goodwill Following Finalization of Purchase Price Allocation for Acquisition of FLAVOR INGREDIENT HOLDINGS, LLC
First written in FY2018-Q3. 1 of 2 entries say "Restated". Latest entry: FY2018.
35 other companies' latest entry also says "Restated".
- FY2018RestatedAnnual report
「Current assets ¥317 million, non-current assets ¥40 million, goodwill ¥2,916 million, customer-related assets ¥3,052 million, current liabilities △¥166 million, acquisition price of FIH shares ¥6,160 million」
The principal assets and liabilities acquired and the acquisition price following the finalisation of the purchase price allocation for FLAVOR INGREDIENT HOLDINGS, LLC have also been confirmed in the full-year consolidated financial statements. - FY2018-Q3First statedAnnual report
「Following the finalisation of this provisional accounting treatment, significant revisions to the initial purchase price allocation have been reflected in the comparative information included in the quarterly consolidated financial statements for the nine months ended 31 December of the current fiscal year. As ¥3,052 million was allocated mainly to customer-related assets, an intangible asset, the provisionally calculated goodwill decreased by ¥3,061 million from ¥5,977 million to ¥2,916 million.」
The provisional accounting treatment for the business combination involving FLAVOR INGREDIENT HOLDINGS, LLC was finalised. As a result of allocating ¥3,052 million to customer-related assets, goodwill was revised from ¥5,977 million to ¥2,916 million.