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New Cosmos Electric (6824) · FactUpdate to full-year goodwill balance and amortization

Recognition of acquisition-related expenses and amortization of goodwill in connection with the acquisition of Figaro Engineering Inc.

First written in FY2017-Q2. . Latest entry: FY2026.

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ProgressHeldSoftenedWorseOtherFY2017-Q2 – FY20262016: 12017: 420172018: 320182019: 420192020: 420202021: 320212022: 420222023: 420232024: 320242025: 220252026: 12026
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  1. FY2026Update to full-year goodwill balance and amortizationAnnual report

    「Goodwill amortization 134,750 Goodwill 707,441」

    Goodwill arising from the acquisition of Figaro Giken is being amortized on a straight-line basis over 15 years. Amortization for FY2026 was ¥134.75 million, and the balance at fiscal year-end was ¥707.441 million.
  2. FY2026-H1Update to the goodwill balance and amortization for the interim period following the acquisitionAnnual report

    「Goodwill amortization 67,375」

    For goodwill arising from the acquisition of Figaro Giken, interim-period amortization was ¥67.375 million, and the balance at 30 September 2025 was ¥774.817 million.
  3. FY2025Update to full-year goodwill balance and amortizationAnnual report

    「Goodwill amortization 134,750 Goodwill 842,192」

    Goodwill arising from the acquisition of Figaro Giken is being amortized on a straight-line basis over 15 years. Amortization for FY2025 was ¥134.75 million, and the balance at fiscal year-end was ¥842.192 million.
  4. FY2025-H1Update to the goodwill balance and amortization for the interim period following the acquisitionAnnual report

    「Goodwill amortization 67,375 Goodwill 909,567」

    For goodwill arising from the acquisition of Figaro Giken, interim-period amortization was ¥67.375 million, and the balance at 30 September 2024 was ¥909.567 million.
  5. FY2024Update to full-year goodwill balance and amortizationAnnual report

    「Goodwill amortization 134,750 Goodwill 976,943」

    For goodwill arising from the acquisition of Figaro Giken, full-year amortization was ¥134.75 million, and the balance at fiscal year-end was ¥976.943 million.
  6. FY2024-Q3Update to third-quarter goodwill balance and amortizationAnnual report

    「Goodwill amortization 101,063」

    For goodwill arising from the acquisition of Figaro Giken, cumulative amortization through the third quarter was ¥101.063 million, and the balance at quarter-end was ¥1,010.63 million.
  7. FY2024-Q2Update to second-quarter goodwill balance and amortizationAnnual report

    「Goodwill amortization 67,375」

    For goodwill arising from the acquisition of Figaro Giken, cumulative amortization through the second quarter was ¥67.375 million, and the balance at quarter-end was ¥1,044.318 million.
  8. FY2024-Q1Update to first-quarter goodwill balance and amortizationAnnual report

    「Goodwill amortization 33,687」

    For goodwill arising from the acquisition of Figaro Giken, amortization for the first quarter was ¥33.687 million, and the balance at quarter-end was ¥1,078.006 million.
  9. FY2023Update to full-year goodwill balance and amortizationAnnual report

    「Goodwill amortization 134,750 Goodwill 1,111,694」

    For goodwill arising from the acquisition of Figaro Giken, amortization for FY2023 was ¥134.75 million, and the balance at fiscal year-end was ¥1,111.694 million.
  10. FY2023-Q3Update to third-quarter goodwill balance and amortizationAnnual report

    「Goodwill amortization 101,063 Goodwill 1,145,381」

    Cumulative goodwill amortization for the third quarter related to the acquisition of フィガロ技研 was ¥101.063 million, and the balance at the end of the quarter was ¥1,145.381 million.
  11. FY2023-Q2Update to second-quarter goodwill balance and amortizationAnnual report

    「Goodwill amortization 67,375 Goodwill 1,179,069」

    Cumulative goodwill amortization for the second quarter related to the acquisition of フィガロ技研 was ¥67.375 million, and the balance at the end of the quarter was ¥1,179.069 million.
  12. FY2023-Q1Update to first-quarter goodwill balance and amortizationAnnual report

    「Goodwill amortization 33,687」

    First-quarter amortization of goodwill related to the acquisition of フィガロ技研 was ¥33.687 million, and the goodwill balance at the end of the quarter was ¥1,212.757 million.
  13. FY2022Update to full-year goodwill balance and amortizationAnnual report

    「Goodwill amortization 134,750」

    Goodwill related to the acquisition of フィガロ技研 was amortized on a straight-line basis over 15 years. Full-year amortization was ¥134.75 million, and the year-end balance was ¥1,246.444 million.
  14. FY2022-Q3Update to third-quarter goodwill balance and amortizationAnnual report

    「Goodwill amortization 101,063」

    Goodwill amortization for the nine months ended the third quarter was ¥101.063 million, and the goodwill balance at the end of the third quarter was ¥1,280.132 million.
  15. FY2022-Q2Update to second-quarter goodwill balance and amortizationAnnual report

    「Goodwill amortization 67,375」

    Goodwill amortization for the six months ended the second quarter was ¥67.375 million, and the goodwill balance at the end of September 2021 was ¥1,313.82 million.
  16. FY2022-Q1Update to first-quarter goodwill balance and amortizationAnnual report

    「Goodwill amortization 33,687」

    Goodwill amortization for the first quarter was ¥33.687 million, and the goodwill balance at the end of the quarter was ¥1,347.507 million.
  17. FY2021-Q3Update to third-quarter goodwill balance and amortizationAnnual report

    「Goodwill amortization 101,063」

    Goodwill amortization for the nine months ended the third quarter was ¥101.063 million, and the goodwill balance at the end of the third quarter was ¥1,414.883 million.
  18. FY2021-Q2Update to second-quarter goodwill balance and amortizationAnnual report

    「Goodwill amortization 67,375」

    Goodwill amortization for the six months ended the second quarter was ¥67.375 million, and the goodwill balance at the end of the quarter was ¥1,448.571 million.
  19. FY2021-Q1Update to first-quarter goodwill balance and amortizationAnnual report

    「Goodwill amortization 33,687」

    Goodwill amortization for the first quarter was ¥33.687 million, and the goodwill balance at the end of the quarter was ¥1,482.258 million.
  20. FY2020Update to full-year goodwill balance and amortizationAnnual report

    「Goodwill is amortized on a straight-line basis over 15 years.」

    For goodwill related to the acquisition of フィガロ技研, full-year amortization of ¥134.75 million was recorded, and the year-end balance was ¥1,515.946 million.
  21. FY2020-Q3Update to third-quarter goodwill balance and amortizationAnnual report

    「Goodwill amortization Goodwill 101,063」

    Goodwill amortization for the nine months ended the third quarter was ¥101.063 million, and the goodwill balance at the end of the quarter was ¥1,549.634 million.
  22. FY2020-Q2Update to second-quarter goodwill balance and amortizationAnnual report

    「Goodwill amortization Goodwill 67,375」

    Goodwill amortization for the six months ended the second quarter was ¥67.375 million, and the goodwill balance at the end of the quarter was ¥1,583.321 million.
  23. FY2020-Q1Update to first-quarter goodwill balance and amortizationAnnual report

    「Goodwill amortization Goodwill 33,687」

    Goodwill amortization for the first quarter was ¥33.687 million, and the goodwill balance at the end of the quarter was ¥1,617.009 million.
  24. FY2019Update to full-year goodwill balance and amortizationAnnual report

    「Goodwill is amortized on a straight-line basis over 15 years.」

    Full-year goodwill amortization related to the acquisition of フィガロ技研 was ¥134.75 million, and the year-end balance was ¥1,650.697 million.
  25. FY2019-Q3Update to third-quarter goodwill balance and amortizationAnnual report

    「Goodwill amortization 101,063」

    Goodwill amortization for the nine months ended the third quarter was ¥101.063 million, and the goodwill balance at the end of the third quarter was ¥1,684.384 million.
  26. FY2019-Q2Update to second-quarter goodwill balance and amortizationAnnual report

    「Goodwill 1,718,072」

    The goodwill balance at the end of the second quarter was ¥1,718.072 million, and goodwill amortization was ¥67.375 million.
  27. FY2019-Q1Update to first-quarter goodwill balance and amortizationAnnual report

    「Goodwill amortization 33,687」

    Goodwill amortization for the first quarter was ¥33.687 million, and the goodwill balance at the end of the quarter was ¥1,751.76 million.
  28. FY2018-Q3Update to third-quarter goodwill balance and amortizationAnnual report

    「Goodwill amortization 101,063」

    The statement of cash flows for the nine months ended the third quarter records goodwill amortization of ¥101.063 million, and the goodwill balance at the end of the third quarter was ¥1,819.135 million.
  29. FY2018-Q2Update on goodwill balance and amortizationAnnual report

    「Goodwill 1,852,823」

    The goodwill balance at the end of the second quarter was ¥1,852.823 million, and the statement of cash flows records goodwill amortization of ¥67.375 million.
  30. FY2018-Q1Update on goodwill balance and amortizationAnnual report

    「Goodwill amortization 33,687」

    The statement of cash flows for the first quarter records goodwill amortization of ¥33.687 million. The goodwill balance on the balance sheet was ¥1,886.511 million.
  31. FY2017Update to goodwill balance and amortizationAnnual report

    「Goodwill recognized amounted to ¥2,021.261 million. Goodwill is amortized on a straight-line basis over 15 years.」

    The company confirmed its policy of amortizing ¥2,102.61 million of goodwill related to the acquisition of フィガロ技研 on a straight-line basis over 15 years, with goodwill amortization for the year amounting to ¥101.06 million.
  32. FY2017-Q3Update on goodwill balance and amortizationAnnual report

    「These increases were attributable to a ¥1,953 million increase in goodwill, a ¥1,249 million increase in inventories, a ¥759 million increase in property, plant and equipment, and a ¥706 million increase in electronically recorded monetary claims.」

    The company disclosed a ¥1,953 million increase in the goodwill balance following the acquisition of フィガロ技研 and recorded ¥67.375 million in goodwill amortization in cash flows.
  33. FY2017-Q2First statedAnnual report

    「Acquisition-related costs associated with the business combination were ¥93.756 million and were recorded under selling, general and administrative expenses in the quarterly consolidated statement of income for the six months ended the second quarter. Goodwill recognized amounted to ¥2,021.261 million. Goodwill is amortized on a straight-line basis over 15 years.」

    The company disclosed acquisition-related costs of ¥93.756 million for フィガロ技研, recorded under selling, general and administrative expenses, and stated that goodwill of ¥2,102.61 million would be amortized on a straight-line basis over 15 years.
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Recognition of acquisition-related expenses and amortization of goodwill in connection with the acquisition of Figaro Engineering Inc. | NEW COSMOS ELECTRIC CO.,LTD. (6824) | Komori