Risk of Goodwill Impairment Associated with the Acquisition of 株式会社ログリオ
First written in FY2024. 1 of 7 entries say "Materialised", first in FY2026. Latest entry: FY2027-H1.
Howtelevision moved to the "Worse" side of this theme in 2026, 2 years after the typical company in this theme (2024).
The whole theme swung hardest in 2023: 35 of 97 companies on the "Worse" side.
27 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company stated that there had been no material change in the risk of goodwill impairment associated with the acquisition of ログリオ. - FY2026MaterialisedAnnual report
「During the consolidated fiscal year, after reviewing the future business plan and recoverability in light of the company’s performance falling below the business plan initially formulated, the company recognized an impairment loss of ¥46.97 million.」
An impairment loss of ¥46.97 million was actually recognized on goodwill associated with the acquisition of ログリオ because performance fell below the business plan. The goodwill balance was ¥70.951 million. - FY2026-H1Decrease in goodwill balanceAnnual report
「Intangible fixed assets Software 157,025 Goodwill 136,540」
The goodwill balance associated with the acquisition of ログリオ decreased from ¥155.159 million at the end of the previous consolidated fiscal year to ¥136.54 million. No impairment loss was reported. - FY2025Goodwill amortization progresses and balance declinesAnnual report
「Fixed assets at the end of the consolidated fiscal year were ¥511.945 million. The main components were goodwill of ¥155.159 million, software of ¥129.455 million, property, plant and equipment of ¥80.282 million, and leasehold and guarantee deposits of ¥78.97 million.」
The goodwill balance associated with the acquisition of ログリオ decreased from ¥173.778 million at the end of the interim period to ¥155.159 million. Goodwill is amortized on a straight-line basis over 5 years, and no impairment loss was reported. - FY2025-H1Decrease in goodwill balanceAnnual report
「Fixed assets at the end of the current interim consolidated period were ¥554.211 million. The main components were goodwill of ¥173.778 million arising from the consolidation of 株式会社ログリオ as a subsidiary, software of ¥131.047 million, and property, plant and equipment of ¥86.505 million.」
The goodwill balance associated with the acquisition of ログリオ was ¥173.778 million. No impairment loss on goodwill was reported. - FY2025-Q1Goodwill recognized and amount quantifiedAnnual report
「The main components were goodwill of ¥183.088 million arising from the consolidation of 株式会社ログリオ as a subsidiary, software of ¥129.709 million, and leasehold and guarantee deposits of ¥78.97 million.」
Goodwill associated with the acquisition of ログリオ was recognized as fixed assets at ¥183.088 million at the end of the first quarter, quantifying the amount subject to the risk of an impairment loss if profitability declines after the acquisition. - FY2024First statedAnnual report
「Goodwill is expected to arise in connection with the acquisition of the shares, although the specific amount has not yet been determined. The company believes that the goodwill appropriately reflects future earning capacity. However, if the company’s future profitability declines, it may need to recognize an impairment loss on the goodwill, which could have a material impact on its financial position and operating results.」
The company disclosed as a new risk that goodwill is expected to arise in connection with the acquisition of ログリオ and that a decline in profitability after the acquisition could result in an impairment loss.