Goodwill impairment risk in the Match Life Media business
First written in FY2023. 2 of 5 entries say "Worsened", first in FY2024. Latest entry: FY2027-H1.
Correc Holdings moved to the "Worse" side of this theme in 2023, 3 years after the typical company in this theme (2020).
The whole theme swung hardest in 2023: 7 of 13 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- FY2027-H1MitigatedAnnual report
「Intangible fixed assets Goodwill 53,392 36,448」
The goodwill balance declined from ¥53.392 million at the end of February 2026 to ¥36.448 million at the end of August 2026. Although the balance subject to the risk of additional losses due to declining profitability at the acquired company or business has decreased, the risk itself continues to be disclosed. - FY2026MitigatedAnnual report
「As of the end of February 2026, the Group had recognized ¥53.392 million in goodwill. If the profitability of an acquired company or business declines significantly in the future and additional losses need to be recognized, this could affect the Group's performance.」
The goodwill balance decreased from ¥139.313 million at the previous fiscal year-end to ¥53.392 million. The amount subject to risk declined due to the sale of CoCoXia and amortization, but the risk of additional impairment remains. - FY2025-H1WorsenedAnnual report
「In the Energy segment, the amount of goodwill increased as a result of the acquisition of shares in Aoie. The increase in goodwill attributable to this event was ¥148.418 million during the current interim consolidated fiscal year.」
The acquisition of Aoie increased goodwill by ¥148.418 million, bringing the goodwill balance at the interim period-end to ¥261.552 million. The amount subject to the additional loss risk previously disclosed in connection with declining profitability at acquired companies and businesses increased. - FY2024WorsenedAnnual report
「As of the end of February 2024, the Group had ¥139.313 million in goodwill. If the profitability of an acquired company or business declines significantly in the future and additional losses need to be recognized, this could affect the Group's performance.」
The goodwill balance increased from ¥54.517 million at the previous fiscal year-end to ¥139.313 million, and the Group disclosed the risk of additional losses resulting from declining profitability at acquired companies or businesses. No impairment loss was recognized during the fiscal year. - FY2023MaterialisedAnnual report
「During the current consolidated fiscal year, we recognized an impairment loss of ¥29.386 million on goodwill relating to the Matchlife Media business.」
The company recognized an impairment loss of ¥29.386 million on goodwill relating to the Matchlife Media business because recovery of the investment was no longer expected.