AlphaPurchase (7115) · RiskRestated
Impairment and Write-Off Risk for In-House Software
First written in FY2022. 1 of 2 entries say "Restated". Latest entry: FY2024.
2entries
3years
0from disclosures
How it moved
Same theme, other companies
Impairment risk due to declining recoverability of software investments and development assetsA theme 105 companies write about · 109 as a headwind · 0 as a tailwind
The whole theme swung hardest in 2024: 19 of 45 companies on the "Worse" side.
32 other companies' latest entry also says "Restated".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 105 companies compared. The sentences above are computed from all 105.Full recordFilings, disclosures and news, newest first
- FY2024RestatedAnnual report
「If software can no longer be expected to be used because of rapid changes in markets or competitive conditions, or if the investment can no longer be recovered because profitability declines, it may be subject to write-off or impairment.」
The impairment and write-off risk accompanying continued investment in in-house software was reaffirmed. - FY2022First statedAnnual report
「If software can no longer be expected to be used because of rapid changes in markets or competitive conditions, or if the investment can no longer be recovered because profitability declines, it may be subject to write-off or impairment.」
The Group identified uncertainty over recovery of software investment, including the possibility of major specification changes and disposal of prototypes in agile development.