Impairment Risk for Goodwill and Customer-Related Assets Associated with M&A
First written in FY2020-Q3. 6 of 12 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 36 of 89 companies on the "Worse" side.
- FY2026RestatedAnnual report
「As of 31 May 2026, the Group had recognized goodwill of ¥245 million and customer-related assets of ¥392 million on its consolidated balance sheet.」
The Group continues to disclose the impairment risk associated with goodwill and customer-related assets from M&A, with balances of ¥245 million and ¥392 million, respectively. No impairment loss was recognized in the current fiscal year. - FY2024MaterialisedAnnual report
「Regarding the goodwill and lease contracts arising from the acquisition of shares in 株式会社フラクタ, a consolidated subsidiary of the Company, the Company determined, following a review of future business plans, that the earnings originally expected could no longer be expected. The carrying amounts were therefore reduced to the recoverable amounts, and the resulting reductions were recognized as impairment losses.」
Goodwill of ¥290 million arising from the acquisition of フラクタ and lease contracts of ¥7 million were impaired, reconfirming the emergence of impairment risk associated with M&A. - FY2024-Q3RestatedAnnual report
「With respect to goodwill related to 株式会社フラクタ held by the Company, a review of future business plans led the Company to determine that the earnings originally projected could no longer be expected. The carrying amount was therefore reduced to the recoverable amount, and the resulting reduction was recognized as an impairment loss.」
The Company is reconfirming the previously incurred event of recognizing a ¥290 million impairment loss on goodwill related to フラクタ in connection with M&A, in relation to the risk of goodwill impairment from M&A. - FY2024-Q2MaterialisedAnnual report
「With respect to goodwill related to 株式会社フラクタ held by the Company, the Company determined that the earnings originally projected could no longer be expected, reduced the carrying amount to the recoverable amount, and recognized the resulting reduction as an impairment loss.」
The recoverable amount of goodwill related to フラクタ was reduced to zero because future cash flows could not be expected, and an impairment loss of ¥290 million was recognized. - FY2023-Q3RestatedAnnual report
「Following a review of future business plans for goodwill related to シッピーノ株式会社 and テープス株式会社 held by the Company, the Company determined that the earnings originally projected could no longer be expected. It therefore reduced the carrying amount to the recoverable amount and recognized the reduction as an impairment loss.」
Regarding impairment risk for goodwill arising from M&A, the Company has reaffirmed the already-occurring recognition of a ¥343 million impairment loss on goodwill related to シッピーノ社 and テープス社. - FY2023-Q2RestatedAnnual report
「Following a review of future business plans for goodwill related to シッピーノ株式会社 and テープス株式会社 held by the Company, the Company determined that the earnings originally projected could no longer be expected. It therefore reduced the carrying amount to the recoverable amount and recognized the reduction as an impairment loss.」
Regarding impairment risk for goodwill arising from M&A, the Company continues to disclose the already-occurring impairment loss of ¥343 million on goodwill related to シッピーノ社 and テープス社. - FY2023-Q1MaterialisedAnnual report
「Following a review of future business plans for goodwill related to シッピーノ株式会社 and テープス株式会社 held by the Company, the Company determined that the earnings originally projected could no longer be expected. It therefore reduced the carrying amount to the recoverable amount and recognized the reduction as an impairment loss.」
The Company recognized an impairment loss of ¥343 million on goodwill related to シッピーノ社 and テープス社 because future cash flows were no longer expected, meaning that the impairment risk arising from M&A materialized. - FY2022RestatedAnnual report
「For the fiscal year, the Company compared the total undiscounted future cash flows generated by the アナグラム社 asset group, including goodwill and customer-related assets, with its carrying amount. Because the total undiscounted future cash flows exceeded the carrying amount, the Company determined that recognition of an impairment loss was unnecessary.」
The Company recognized goodwill of ¥1,262 million and customer-related assets of ¥829 million and assessed indicators of impairment, but did not recognize an impairment loss for the fiscal year. The possibility of impairment if future plans are not achieved remains. - FY2022-Q3WorsenedAnnual report
「During the second quarter, the inclusion of シッピーノ株式会社 in the scope of consolidation resulted in ¥371.755 million of goodwill in the DX business segment. During the third quarter, the inclusion of 株式会社フラクタ in the scope of consolidation resulted in ¥566.246 million of goodwill in the DX business segment.」
In addition to the consolidation of シッピーノ社, the consolidation of フラクタ社 as a subsidiary generated an additional ¥566.246 million of goodwill in the DX business, increasing exposure to impairment risks arising from M&A. - FY2022-Q2WorsenedAnnual report
「During the second quarter, the inclusion of シッピーノ株式会社 in the scope of consolidation resulted in ¥371.755 million of goodwill in the DX business segment.」
The consolidation of シッピーノ社 as a subsidiary generated ¥371.755 million of new goodwill, increasing the Group’s exposure to risks relating to goodwill and customer-related assets arising from M&A. - FY2020RestatedAnnual report
「Based on the assumption that the effects of the spread of COVID-19 would continue approximately through the end of the year, the Group assessed impairment of fixed assets, including customer-related assets and goodwill, and the recoverability of deferred tax assets.」
The Company continues to disclose impairment risks for goodwill and customer-related assets arising from the acquisition of アナグラム and has described its assessment based on an assumed timing for the COVID-19 pandemic to subside. - FY2020-Q3First statedAnnual report
「The Group has recognized substantial goodwill and customer-related assets arising from business combinations on its consolidated balance sheet. If the expected cash flows from these assets fail to materialize due to deviations from future business plans or other factors, the Group’s financial position and operating results may be affected.」
In connection with the consolidation of アナグラム株式会社 as a subsidiary, the Company recognized goodwill of ¥466.240 million and customer-related assets of ¥1,075.766 million, and disclosed impairment and other risks if business plans are not achieved as a new risk.