Reassessment of Existing Development Project Profitability and Consolidation of Development and Sales Resources
First written in FY2022-Q2. 10 of 13 entries say "Advanced", first in 2026-04-14. Latest entry: 2026-10-15.
- FY2027-H1AdvancedAnnual report
「During the interim consolidated accounting period, the company decided to discontinue development of certain additional functions for T-4OO machine translation in the “AI Business” segment following a review of development priorities. Accordingly, the book value of software under development no longer expected to be used in the future was reduced to its recoverable amount, and the ¥17.003 million reduction was recorded as an impairment loss.」
The review of priorities for existing development projects resulted in the discontinuation of development of certain additional T-4OO functions and the recognition of a ¥17.003 million impairment loss. - FY2026AdvancedAnnual report
「In connection with the decision to discontinue the machine translation services “T-3MT” and “The Reading” and to overhaul the development policy for the next version of “オンヤク,” the company recorded an impairment loss of ¥39.700 million on software under construction and software related to the AI business. This reflects the results of a review of software assets undertaken as part of the strategy of selection and concentration.」
The reassessment of the profitability of existing development projects and the consolidation and reorganization of resources took concrete form in the discontinuation of the T-3MT and The Reading services, the overhaul of the オンヤク development policy, and a ¥39.700 million impairment loss related to software. - FY2022-Q3RestatedAnnual report
「Following a reassessment of the profitability of existing development projects and related businesses and the consolidation and reorganization of development and sales resources, the company determined that there were limited prospects for the future development or use of certain development and operational projects. It estimated their recoverable amount at zero, both in terms of cash flows from internal use and cost reductions, and recorded impairment losses.」
The company continued to reassess the profitability of existing projects and consolidate and reorganize development and sales resources, recording an impairment loss of ¥31.435 million on software under construction and other assets for the nine months ended December 2023. - FY2022-Q2First statedAnnual report
「Following a reassessment of the profitability of existing development projects and related businesses and the consolidation and reorganization of development and sales resources, the company determined that there were limited prospects for the future development or use of certain development and operational projects. It estimated their recoverable amount at zero, both in terms of cash flows from internal use and cost reductions, and recorded impairment losses.」
The company announced measures to reassess the profitability of existing projects and consolidate and reorganize development and sales resources. For the six months ended September 2023, it recorded an impairment loss of ¥25.111 million on software under development.