Valuation Risk for やまと産業 Goodwill and Customer-Related Assets
First written in FY2024. 1 of 2 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2025: 1 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Restated".
- FY2025RestatedAnnual report
「If the economic or operating conditions surrounding the subsidiary change, impairment losses on goodwill and customer-related assets may be recognized in the consolidated financial statements for the following consolidated fiscal year. No impairment losses were recognized on this goodwill or these customer-related assets during the current consolidated fiscal year.」
Goodwill of ¥108.680 million and customer-related assets of ¥159.849 million related to やまと産業 were recognized, continuing to indicate the risk of impairment resulting from future changes in operating conditions. No impairment losses were recognized during the fiscal year. - FY2024First statedAnnual report
「The amounts of goodwill and customer-related assets recognized in the consolidated balance sheet as of the end of the current consolidated fiscal year in connection with the acquisition of shares in やまと産業株式会社 are as follows: goodwill, ¥135.850 million; customer-related assets, ¥182.685 million. If economic conditions surrounding やまと産業株式会社 or its operating conditions change, the valuation of the goodwill and customer-related assets, or their useful lives and amortization periods, could have a material impact on the consolidated financial statements for the following consolidated fiscal year.」
In connection with やまと産業 becoming a subsidiary, goodwill and customer-related assets were recognized, and the possibility that changes in future economic and operating conditions could lead to a review of their valuation and amortization periods, materially affecting the consolidated financial statements for the following fiscal year, was explicitly disclosed for the first time.