Finalization of the provisional accounting treatment for the Launch acquisition
First written in FY2024-Q1. 2 of 3 entries say "Restated". Latest entry: FY2024-Q3.
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- FY2024-Q3RestatedAnnual report
「The business combination with Launch Group Holdings Pty Ltd on 16 January 2023 was accounted for provisionally in the consolidated accounting period for the fourth quarter of the previous fiscal year, and was finalized in the consolidated accounting period for the first quarter.」
The company is reconfirming that the provisional accounting treatment for the Launch acquisition was finalized in the first quarter, together with its reflection in the comparative information. - FY2024-Q2RestatedAnnual report
「The business combination with Launch Group Holdings Pty Ltd on 16 January 2023 was accounted for provisionally in the consolidated accounting period for the fourth quarter of the previous fiscal year, and was finalized in the consolidated accounting period for the first quarter.」
The company is reconfirming that the provisional accounting treatment for the Launch acquisition was finalized in the first quarter, together with its reflection in the comparative information. - FY2024-Q1First statedAnnual report
「As a result of finalizing the provisional accounting treatment, significant revisions to the initial allocation of the purchase price have been reflected in the comparative information included in the consolidated financial statements for the first quarter. As a result, the provisionally calculated goodwill decreased by ¥579,618 thousand from ¥1,524,413 thousand to ¥944,794 thousand.」
The provisional purchase price allocation for the business combination with Launch Group Holdings on 16 January 2023 has been finalized. Goodwill decreased by ¥579,618 thousand from ¥1,524,413 thousand to ¥944,794 thousand, and goodwill and customer-related assets are scheduled to be amortized on a straight-line basis over 13 years.