Recognition of goodwill and intangible assets arising from the acquisition of FITP
First written in FY2023-Q2. . Latest entry: FY2023.
No other company in this theme has enough history to compare yet.
- FY2023Final disclosure of the amounts of goodwill and intangible assets arising from the acquisition of FITPAnnual report
「Amount of goodwill recognized ¥218.502 million (2) Reason for recognition Primarily the excess earning power expected from future business development. (3) Amortization method and period Straight-line amortization over 10 years」
The company disclosed the recognition of ¥218.502 million in goodwill and ¥127.574 million in contract-related and customer-related assets arising from the acquisition of FITP, with both being amortized primarily over 10 years. - FY2023-Q3Additional disclosure of the increase in goodwill arising from the acquisition of FITPAnnual report
「In the Creator Platform Business, the company acquired 70.7% of the shares of エフ・アイ・ティー・パシフィック株式会社 on 1 November 2022 and included it in the scope of consolidation as a new consolidated subsidiary. The increase in goodwill arising from this event was ¥162.314 million for the cumulative third-quarter period.」
The company disclosed an increase in goodwill of ¥162.314 million arising from making FITP a consolidated subsidiary. The goodwill balance on the consolidated balance sheet was ¥398.741 million. - FY2023-Q2First statedAnnual report
「Amount of goodwill recognized ¥169.371 million (2) Reason for recognition Primarily the excess earning power expected from future business development. (3) Amortization method and period Straight-line amortization over 10 years」
In connection with the business combination involving FITP, the company recorded goodwill of ¥169.371 million and adopted straight-line amortization over 10 years. It also recorded ¥127.574 million in intangible assets, including customer-related assets and contract-related assets.