Goodwill Amortization Burden Associated with M&A
First written in FY2017-Q3. 18 of 29 entries say "Worsened", first in FY2020-Q2. Latest entry: 2026-10-09.
Osg moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 4 of 12 companies on the "Worse" side.
4 other companies' latest entry also says "Mitigated".
- 2026-10-09MitigatedEarnings
「Amortization of goodwill ¥797 million ¥589 million」
Amortization of goodwill decreased from ¥797 million for the cumulative period of the previous fiscal year to ¥589 million, reducing the amortization burden associated with M&A. - FY2026-H1MitigatedAnnual report
「Goodwill amortization 526 416」
Goodwill amortization decreased to ¥416 million from ¥526 million in the same period of the previous year, reducing the M&A-related amortization burden on a first-half basis. - 2026-07-10MitigatedEarnings
「Goodwill amortization 526 416」
Amortization of goodwill decreased from ¥526 million in the interim period of the previous fiscal year to ¥416 million, reducing the amortization burden associated with M&A during the interim period. - FY2025-H1WorsenedAnnual report
「Goodwill amortization ¥484 million ¥526 million」
Goodwill amortization increased to ¥526 million from ¥484 million in the same period of the previous year, and the increase in the amortization burden associated with M&A continued. - FY2024WorsenedAnnual report
「Goodwill of ¥4,749 million arising from business combinations was recognized in the consolidated balance sheet at the end of the fiscal year.」
Goodwill increased following the acquisition of Precision Tools Holding B.V. and other companies, while annual goodwill amortization increased to ¥1,005 million from ¥903 million. - FY2024-Q2WorsenedAnnual report
「Goodwill amortization ¥432 million ¥484 million」
Goodwill amortization increased to ¥484 million from ¥432 million in the same period of the previous year, and the increase in the amortization burden associated with M&A continued. - FY2024-Q1WorsenedAnnual report
「Depreciation and amortization ¥2,600 million ¥2,821 million; goodwill amortization ¥213 million ¥237 million」
Goodwill amortization in the first quarter increased to ¥237 million from ¥213 million in the same period of the previous year, and the increase in the amortization burden associated with M&A continued. - FY2023WorsenedAnnual report
「In the fiscal year, Amamco Tool & Supply Co., Inc. recorded an operating loss for the fiscal year ended November 2023, with profitability below that anticipated at the time of investment, and recorded operating losses for 2 consecutive fiscal years. Accordingly, it was determined that indicators of impairment existed for the goodwill of Amamco Tool & Supply Co., Inc. However, no impairment loss was recorded because the total undiscounted future cash flows based on the business plan at the end of the fiscal year exceeded the carrying amount of fixed assets, including goodwill.」
Amamco recorded an operating loss for the fiscal year ended November 2023, resulting in 2 consecutive fiscal years of operating losses, and indicators of impairment were identified for its ¥474 million in goodwill. However, no impairment loss was recorded because future cash flows exceeded the carrying amount. - FY2023-Q3WorsenedAnnual report
「Depreciation and amortization ¥7,751 million ¥8,094 million; goodwill amortization ¥648 million ¥666 million」
Goodwill amortization for the cumulative third quarter of the 111th fiscal year was ¥666 million, an increase from ¥648 million in the same period of the previous year. - FY2023-Q2WorsenedAnnual report
「Goodwill amortization 424 million yen 432 million yen」
Goodwill amortization increased to ¥432 million from ¥424 million in the same period of the previous year, and the increase in the amortization burden associated with M&A continued. - FY2023-Q1WorsenedAnnual report
「Goodwill amortization ¥209 million ¥213 million」
Goodwill amortization increased to ¥213 million from ¥209 million in the same period of the previous year, and the increase in the amortization burden associated with M&A continued. - FY2022WorsenedAnnual report
「Goodwill of ¥4,402 million arising from business combinations was recognized in the consolidated balance sheet at the end of the fiscal year. This includes ¥639 million of goodwill related to Amamco Tool & Supply Co., Inc., a US company supplying products to the aircraft-related industries, in which OSG USA, INC., a subsidiary of the Company, holds shares.」
Amamco recorded an operating loss for the fiscal year ended November 2022, and the 2 consecutive fiscal years of operating losses indicated potential impairment of its ¥639 million in goodwill. No impairment loss was recorded because future cash flows under the business plan exceeded the carrying amount. - FY2022-Q3WorsenedAnnual report
「Goodwill amortization ¥594 million ¥648 million」
Goodwill amortization increased to ¥648 million from ¥594 million in the same period of the previous year, and the increase in the amortization burden associated with M&A continued. - FY2022-Q2WorsenedAnnual report
「Goodwill amortization 395 424」
Goodwill amortization increased to ¥424 million in the cumulative second quarter from ¥395 million in the same period of the previous year, and the increase in the amortization burden associated with M&A continued. - FY2022-Q1WorsenedAnnual report
「Goodwill amortization ¥193 million ¥209 million」
Goodwill amortization increased to ¥209 million in the first quarter from ¥193 million in the same period of the previous year, and the increase in the amortization burden associated with M&A continued. - FY2021WorsenedAnnual report
「In the fiscal year, Amamco Tool & Supply Co., Inc. recorded an operating loss for the fiscal year ended November 2021, with profitability below that anticipated at the time of investment, and recorded operating losses for 2 consecutive fiscal years. Accordingly, it was determined that indicators of impairment existed for the goodwill of Amamco Tool & Supply Co., Inc.」
Amamco recorded operating losses for 2 consecutive fiscal years, indicating potential impairment of its ¥681 million in goodwill. No impairment loss was recorded because undiscounted future cash flows exceeded the carrying amount. - FY2021-Q3WorsenedAnnual report
「Goodwill amortization ¥554 million ¥594 million」
Goodwill amortization increased to ¥594 million from ¥554 million in the same period of the previous year, and the increase in the amortization burden associated with M&A continued. - FY2021-Q2WorsenedAnnual report
「Goodwill amortization 363 395」
Goodwill amortization increased to ¥395 million from ¥363 million in the same period of the previous year, and the increase in the amortization burden associated with M&A continued. - FY2021-Q1WorsenedAnnual report
「Goodwill amortization ¥175 million ¥193 million」
Goodwill amortization increased to ¥193 million in the first quarter from ¥175 million in the same period of the previous year, and the increase in the amortization burden associated with M&A continued. - FY2020-Q3WorsenedAnnual report
「Goodwill amortization ¥401 million ¥554 million」
Goodwill amortization increased to ¥554 million from ¥401 million in the same period of the previous year, increasing the amortization burden associated with M&A. - FY2020-Q2WorsenedAnnual report
「Goodwill amortization 268 363」
Goodwill amortization increased to ¥363 million in the cumulative second quarter from ¥268 million in the same period of the previous year, increasing the amortization burden associated with M&A. - FY2020-Q1MaterialisedAnnual report
「The increase in goodwill resulting from this event was ¥2,412 million in the Europe and Africa segment. Some goodwill amounts were calculated on a provisional basis because the allocation of the acquisition cost has not been completed.」
New acquisitions and consolidations generated ¥2,412 million in goodwill in Europe and Africa, while goodwill amortization increased to ¥175 million from ¥135 million in the same period of the previous year. - FY2019-Q3RestatedAnnual report
「Operating profit declined because, although performance in Brazil was solid, existing consolidated companies in North America struggled to grow, while goodwill amortization expenses increased following the addition of 2 US-based subsidiaries as newly consolidated subsidiaries from the beginning of the current consolidated fiscal year.」
The increase in goodwill amortization expenses associated with the consolidation of 2 US subsidiaries continues to be cited as a factor behind the decline in operating profit in the Americas segment. - FY2019-Q2RestatedAnnual report
「Operating profit declined because, although performance in Brazil was solid, existing consolidated companies in North America struggled to grow, while goodwill amortization expenses increased following the addition of 2 US-based subsidiaries as newly consolidated subsidiaries from the beginning of the current consolidated fiscal year.」
The increase in goodwill amortization expenses associated with the consolidation of 2 US subsidiaries continues to be cited as a factor behind the decline in operating profit in the Americas segment. - FY2019-Q1MaterialisedAnnual report
「Operating profit declined despite generally solid performance at existing consolidated companies, mainly due to higher goodwill amortization expenses and other factors resulting from the addition of 2 US-based subsidiaries as newly consolidated subsidiaries from the beginning of the current consolidated fiscal year.」
The increase in goodwill amortization expenses associated with the consolidation of 2 US subsidiaries has materialized as a decline in operating profit in the Americas segment. - FY2018MitigatedAnnual report
「Goodwill amortization: —; ¥152 million; ¥326 million; —; —; ¥479 million」
Full-year goodwill amortization was ¥479 million, down from ¥835 million in the previous fiscal year. In addition, no goodwill amortization was recognized as a special loss in the consolidated income statement for the current fiscal year. - FY2018-Q3MitigatedAnnual report
「Goodwill amortization: ¥720 million; ¥359 million」
Goodwill amortization declined from ¥720 million in the same period of the previous year to ¥359 million, and no goodwill amortization was included in special losses for the cumulative third quarter. - FY2017Update to full-year goodwill amortization burdenAnnual report
「Special losses amounted to ¥266 million due to the recognition of goodwill amortization.」
The M&A-related goodwill amortization burden was recognized as ¥266 million in full-year special losses, and the goodwill amortization amount was also disclosed in the segment information. - FY2017-Q3MaterialisedAnnual report
「Although revenue increased year on year as sales of carbide drills and carbide end mills, as well as high-speed steel drills following M&A, increased in addition to core taps, operating profit remained flat due to higher goodwill amortization.」
States that higher goodwill amortization kept operating profit in Europe and Africa flat despite higher revenue from M&A.