スターミュージック underperformance and goodwill impairment
First written in FY2024. 3 of 6 entries say "Restated". Latest entry: FY2026.
Ridge-i moved to the "Worse" side of this theme in 2026, 5 years after the typical company in this theme (2021).
The whole theme swung hardest in 2026: 17 of 32 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「The company expects 創研情報株式会社, acquired as a subsidiary in May 2026, to contribute to the future performance of the group. However, if performance falls below initial expectations due to changes in the business environment or other factors, impairment of goodwill or other events could occur, potentially affecting the group's performance and financial condition.」
The risk of a subsidiary underperforming and goodwill impairment has shifted from the sold Star Music to the newly acquired subsidiary 創研情報. - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It has been confirmed that there have been no material changes in the risks of スターミュージック underperforming or goodwill impairment. - 2026-03-12WorsenedFinancial results briefing materials
「The digital marketing business is taking time to recover orders, leaving both revenue and profit weak year on year.」
The digital marketing business based on Star Music continued to experience a delayed recovery in orders and weak revenue and profit year on year. - FY2025RestatedAnnual report
「株式会社スターミュージック・エンタテインメント is expected to contribute to the future performance of our Group. However, if its performance falls below initial assumptions due to changes in the business environment or other factors, impairment of goodwill or other charges may arise and could affect the Group's results and financial position.」
While full-year revenue of ¥1,312.998 million and segment profit of ¥121.412 million were recorded for スターミュージック, the risks of underperformance and goodwill impairment continue to be disclosed. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It has been comprehensively confirmed that there have been no material changes in the risks of スターミュージック underperforming or goodwill impairment. - FY2024First statedAnnual report
「株式会社スターミュージック・エンタテインメント is expected to contribute to the future performance of our Group. However, if its performance falls below initial assumptions due to changes in the business environment or other factors, impairment of goodwill or other charges may arise and could affect the Group's results and financial position.」
The risk that the newly acquired subsidiary may underperform and that goodwill impairment may affect results and financial position has been disclosed.