Risk of a Further Impairment of パックウェル Goodwill
First written in FY2021. 4 of 6 entries say "Mitigated", first in FY2022. Latest entry: FY2025.
The whole theme swung hardest in 2019: 5 of 12 companies on the "Worse" side.
9 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「Amortization of goodwill was completed during the consolidated fiscal year under review, and the balance of goodwill at the end of the fiscal year was ¥0.」
Amortization of goodwill was completed, reducing the balance at the end of FY2025 to zero. As a result, there is no longer any goodwill balance subject to further impairment. - FY2025-H1MitigatedAnnual report
「Amortization of goodwill was completed during the interim consolidated accounting period under review, and the balance of goodwill at the end of the period was ¥0. Accordingly, there was nothing to report.」
Amortization of goodwill related to Packwell was completed, reducing the balance at the end of the interim consolidated accounting period to zero. The company states that there is no longer any goodwill balance subject to further impairment. - FY2024MitigatedAnnual report
「We determined that there were no indications of impairment in the goodwill in question during the consolidated fiscal year under review.」
The carrying amount of goodwill related to Packwell declined from ¥48.088 million to ¥14.143 million, and the company determined that there were no indications of impairment at the end of FY2024. - FY2023RestatedAnnual report
「Based on a review conducted in accordance with the above policy, we determined that there were no indications of impairment in the goodwill in question during the consolidated fiscal year under review.」
Goodwill related to Packwell had been amortized to ¥48.088 million, but the company determined that there were no indications of impairment at the end of FY2023. - FY2022MitigatedAnnual report
「Based on a review conducted in accordance with the above policy, we determined that there were no indications of impairment in the goodwill in question during the consolidated fiscal year under review.」
The carrying amount of goodwill related to Packwell was ¥82.033 million, but the company determined that there were no indications of impairment at the end of FY2022. - FY2021First statedAnnual report
「In the fiscal year ended October 2020, we recognized an impairment loss of ¥102 million because the profits anticipated at the time of the acquisition could not be generated and a sharp recovery was not expected in the future.」
The company states that it incurred an impairment loss of ¥102 million in a previous fiscal year and that further impairment could occur if future earning capacity declines.