Goodwill impairment risk due to declining subsidiary profitability
First written in FY2016. 14 of 31 entries say "Mitigated", first in FY2018. Latest entry: FY2026.
Minato Holdings moved to the "Worse" side of this theme in 2026, 5 years after the typical company in this theme (2021).
The whole theme swung hardest in 2026: 17 of 32 companies on the "Worse" side.
25 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「The company reviewed the business plan for 株式会社ブレーン and, based on a conservative assessment, recognized a ¥536 million impairment loss on goodwill and fixed assets as an extraordinary loss.」
Goodwill and fixed assets were actually impaired in connection with lower subsidiary profitability, and ¥536 million was recognized in relation to ブレーン. The total goodwill balance was ¥446.300 million. - FY2026-H1WorsenedAnnual report
「Goodwill 134,243 966,687」
Goodwill increased by ¥832 million in connection with making ブレーン and ダイキサウンド subsidiaries, increasing the balance subject to impairment risk. - FY2025MitigatedAnnual report
「Based on the review conducted in accordance with the above policy, the company determined that there were no indications of goodwill impairment during the current consolidated fiscal year.」
The goodwill balance declined through amortization to ¥134.243 million, and the company determined that there were no indications of impairment during the current fiscal year. - FY2024-Q2MitigatedAnnual report
「Goodwill 205,377 171,842」
The goodwill balance declined from ¥205.377 million at the end of the previous consolidated fiscal year to ¥171.842 million. Amortization has reduced the balance subject to impairment risk. - FY2024-Q1MitigatedAnnual report
「Goodwill 205,377 178,266」
The goodwill balance declined from ¥205.377 million at the end of the previous consolidated fiscal year to ¥178.266 million at the end of the current first quarter, reducing the balance subject to impairment risk. - FY2023-Q3MitigatedAnnual report
「Goodwill amortization expense 21,400 thousand yen」
The goodwill balance declined from ¥242.995 million at the end of the previous fiscal year to ¥212.965 million, reducing the balance subject to impairment risk through amortization. - FY2023-Q2MitigatedAnnual report
「Fixed assets decreased by 0.0% from the end of the previous consolidated fiscal year to ¥2,472 million. This was mainly due to a ¥109 million decrease in property, plant and equipment and intangible assets resulting from goodwill amortization and depreciation, among other factors, despite a ¥127 million increase in leasehold and guarantee deposits.」
Goodwill declined from ¥242.995 million at the end of the previous fiscal year to ¥227.389 million due to amortization and other factors, reducing the balance subject to impairment risk. - FY2022Explicitly identifies the failure to achieve M&A synergies and the impairment riskAnnual report
「If the expected synergies or business expansion benefits are not realized due to contingent liabilities arising at the target company or the business failing to progress as initially planned, among other reasons, this could affect the Group's operating results and future business development, including through the recognition of a goodwill impairment loss.」
In addition to the existing risk of goodwill impairment due to lower subsidiary profitability, it explicitly identifies the risk of failing to achieve the synergies or business expansion benefits expected from M&A and business alliances. - FY2022-Q3MitigatedAnnual report
「Goodwill 238,229 249,611」
The goodwill balance increased from ¥238.229 million at the end of the previous consolidated fiscal year to ¥249.611 million. It decreased from the previous quarter-end balance due to amortization and other factors, so the balance subject to impairment risk was lower than in the immediately preceding quarter. - FY2022-Q2WorsenedAnnual report
「During the second quarter of the current consolidated fiscal year, shares of 株式会社プリンストン were acquired and the company was newly included in the scope of consolidation, resulting in a ¥252.987 million increase in goodwill.」
The acquisition of 株式会社プリンストン increased goodwill subject to impairment risk by ¥252.987 million, bringing the balance at the end of the quarter to ¥259.587 million. - FY2022-Q1WorsenedAnnual report
「Goodwill 238,229 267,391」
The goodwill balance increased from ¥238.229 million at the end of the previous consolidated fiscal year to ¥267.391 million, increasing the balance subject to impairment risk. - FY2021WorsenedAnnual report
「Goodwill on the consolidated balance sheet at the end of the current consolidated fiscal year amounted to ¥238.229 million, and the policy is to amortize it evenly over 10 years. Like other fixed assets, goodwill is subject to impairment accounting. If the profitability of the consolidated subsidiary to which it relates declines due to significant changes in the business environment or business conditions, the resulting goodwill impairment loss could affect the Group's financial position and operating results.」
In connection with the acquisition of 株式会社プリンストン, the goodwill balance increased sharply from ¥37.800 million at the end of the previous fiscal year to ¥238.229 million. The amortization period is stated as 10 years, and the amount subject to impairment risk has increased. - FY2021-Q3WorsenedAnnual report
「During the second quarter of the current consolidated fiscal year, shares of 株式会社プリンストン were acquired and the company was newly included in the scope of consolidation. As a result, the increase in goodwill related to the transaction amounted to ¥246.662 million for the cumulative third quarter of the current consolidated fiscal year.」
Goodwill increased by ¥246.662 million in connection with the acquisition of 株式会社プリンストン, bringing the goodwill balance at the quarter-end to ¥256.112 million. The amount subject to impairment risk has increased. - FY2021-Q2WorsenedAnnual report
「During the second quarter of the current consolidated fiscal year, shares of 株式会社プリンストン were acquired and the company was newly included in the scope of consolidation, resulting in a ¥252.987 million increase in goodwill.」
The acquisition of 株式会社プリンストン increased goodwill subject to impairment risk by ¥252.987 million. - FY2021-Q1MitigatedAnnual report
「Depreciation and amortization expenses and goodwill amortization expense for the cumulative first quarter of the current consolidated fiscal year were as follows: Goodwill amortization expense ¥9.450 million」
The goodwill balance declined through amortization from ¥37.800 million at the end of the previous consolidated fiscal year to ¥28.350 million, further reducing the balance subject to impairment risk. - FY2020-Q3MitigatedAnnual report
「This was mainly due to a ¥28 million decrease in goodwill, while property, plant and equipment and other assets increased by ¥27 million, investment securities by ¥22 million, and shares of affiliated companies by ¥23 million, among other factors.」
The goodwill balance declined by ¥28 million from ¥75.601 million at the end of the previous consolidated fiscal year to ¥47.250 million, reducing the balance subject to impairment risk through amortization. - FY2020-Q2MitigatedAnnual report
「Goodwill amortization expense 18,900」
The goodwill balance declined through amortization from ¥75.601 million at the end of the previous consolidated fiscal year to ¥56.701 million at the end of the quarter. The balance subject to impairment risk has decreased through amortization, not impairment. - FY2020-Q1MitigatedAnnual report
「Goodwill amortization expense amounted to ¥9.450 million.」
Goodwill declined through amortization from ¥75.601 million at the end of the previous consolidated fiscal year to ¥66.151 million at the end of the quarter, reducing the balance subject to impairment risk. - FY2019-Q3MitigatedAnnual report
「Goodwill 124,516 87,830」
The goodwill balance declined from ¥124.516 million at the end of the previous consolidated fiscal year to ¥87.830 million. The reduction was due to amortization, not impairment, and the amount subject to impairment risk has decreased further. - FY2019-Q2MitigatedAnnual report
「Goodwill amortization expense 24,457」
Goodwill declined from ¥124.516 million at the end of the previous consolidated fiscal year to ¥100.059 million. Amortization further reduced the balance subject to impairment risk. - FY2019-Q1MitigatedAnnual report
「This was mainly due to a ¥12 million decrease in goodwill from amortization, while investments and other assets increased by ¥258 million, among other factors.」
Goodwill declined from ¥124.516 million at the end of the previous consolidated fiscal year to ¥112.287 million, including a ¥12 million decrease from amortization. The balance subject to impairment risk continues to shrink. - FY2018MitigatedAnnual report
「Goodwill on the consolidated balance sheet at the end of the current consolidated fiscal year amounted to ¥124.516 million, and the policy is to amortize it evenly over 5 years.」
The goodwill balance declined from ¥173.431 million at the end of the previous fiscal year to ¥124.516 million. The impairment risk continues to be disclosed, but the balance subject to the risk has decreased. - FY2017RestatedAnnual report
「Goodwill on the consolidated balance sheet at the end of the current consolidated fiscal year amounted to ¥173.431 million, and the policy is to amortize it evenly over 5 years. Like other fixed assets, goodwill is subject to impairment accounting. If the profitability of the consolidated subsidiary to which it relates declines due to significant changes in the business environment or business conditions, the resulting goodwill impairment loss could affect the Group's financial position and operating results.」
It reports a goodwill balance of ¥173.431 million and a policy of even amortization over 5 years, and continues to disclose the impairment risk if the subsidiary's profitability declines. - FY2017-Q3RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, goodwill increased by ¥189.003 million as a result of making サンマックス・テクノロジーズ株式会社 a subsidiary. Amortization for the cumulative third quarter amounted to ¥28.350 million and was recorded as corporate expenses not allocated to each reportable segment.」
Of the ¥189.003 million in goodwill arising from the acquisition, ¥28.350 million was amortized during the cumulative third quarter. No impairment was reported. - FY2017-Q2RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, goodwill increased by ¥189.003 million as a result of making サンマックス・テクノロジーズ株式会社 a subsidiary. Amortization for the cumulative second quarter amounted to ¥18.900 million and was recorded as corporate expenses not allocated to each reportable segment.」
Of the ¥189.003 million in goodwill arising from the acquisition, ¥18.900 million was amortized during the cumulative second quarter. No impairment was reported. - FY2017-Q1WorsenedAnnual report
「During the first quarter of the current consolidated fiscal year, goodwill increased by ¥189.003 million as a result of making サンマックス・テクノロジーズ株式会社 a subsidiary. Amortization for the cumulative first quarter amounted to ¥9.450 million and was recorded as corporate expenses not allocated to each reportable segment.」
Goodwill increased by ¥189.003 million in connection with the acquisition, bringing the goodwill balance to ¥210.118 million. No impairment was reported, but the balance subject to impairment risk has increased. - FY2016First statedAnnual report
「Goodwill on the consolidated balance sheet at the end of the current consolidated fiscal year amounted to ¥33.343 million, and the policy is to amortize it evenly over 5 years. Like other fixed assets, goodwill is subject to impairment accounting. If the profitability of the consolidated subsidiary to which it relates declines due to significant changes in the business environment or business conditions, the resulting goodwill impairment loss could affect the Group's financial position and operating results.」
It reports a goodwill balance of ¥33.343 million and a policy of even amortization over 5 years, and explains the possibility of impairment if the subsidiary's profitability declines.