Risk of Inability to Recover Investment and Goodwill Impairment Following M&A
First written in FY2024. 4 of 6 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 36 of 89 companies on the "Worse" side.
- FY2026RestatedAnnual report
「If, due to significant changes in the business environment or other factors, the performance of the acquired company or business does not progress as initially planned and the investment cannot be recovered, this may affect the Group's operating results and financial position.」
The risk of failure to recover investment and goodwill impairment after M&A continues to be disclosed. - 2026-05-14MitigatedEarnings presentation
「Since the M&A, “HTH” and “Younger Song” have led growth, and there has been no “indication of impairment” to date.」
Reported growth since the acquisition of AZR and the absence of indications of impairment concerning its goodwill. - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new major risks or significant changes to the business risks described in the annual securities report that management recognized as potentially having a material effect on the financial position, operating results, or cash flows of the consolidated companies, among the matters concerning business conditions and financial matters described in this Semiannual Report.」
It states that there have been no material changes regarding failure to recover investment and goodwill impairment after M&A. - FY2025RestatedAnnual report
「If, due to significant changes in the business environment or other factors, the performance of the acquired company or business does not progress as initially planned and the investment cannot be recovered, this may affect the Group's operating results and financial position. In addition, if the expected benefits of an acquisition are not realized, an impairment loss will be recognized on the relevant goodwill, which may affect the Group's operating results and financial position.」
The risk of failure to recover investment and goodwill impairment after an acquisition continues to be disclosed. Goodwill of ¥900.814 million was recognized in FY2025, but no goodwill impairment attributable to an acquisition was disclosed. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new major risks or significant changes to the business risks described in the annual securities report that management recognized as potentially having a material effect on the financial position, operating results, or cash flows of the consolidated companies, among the matters concerning business conditions and financial matters described in this Semiannual Report.」
It is stated that there have been no material changes regarding the risks of failure to recover investment and goodwill impairment after M&A. - FY2024First statedAnnual report
「Because the initially projected earnings from the F-LAGSTUF-F brand acquired through a business transfer were no longer expected, the entire amount of goodwill arising at the time of the transfer was recognized as an impairment loss. As a result, net loss for the fifth fiscal year was ¥68.449 million.」
Regarding M&A, it indicates that the investment may become unrecoverable or goodwill may be impaired if the acquired business does not perform as planned, and discloses that the entire amount of goodwill related to F-LAGSTUF-F was previously impaired.