Goodwill impairment risk associated with the succession of the Proteras business
First written in FY2022. 4 of 7 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 35 of 93 companies on the "Worse" side.
- FY2026MitigatedAnnual report
「Goodwill arising from the succession of part of 株式会社プロテラス's business through an absorption-type company split in November 2021 amounted to ¥276.842 million as of the end of the consolidated fiscal year, representing 7.5% of the total assets of the Group.」
The goodwill balance and its ratio to total assets declined from ¥384.007 million and approximately 12.1% in the previous year to ¥276.842 million and 7.5%, respectively. It was also determined that there was no indication of impairment during the year. - FY2026-H1RestatedAnnual report
「The filing states that, during the interim consolidated accounting period, there were no material changes in the major risks that management recognizes could materially affect the consolidated companies' financial position, operating results or cash flows, or in the matters described under Business Risks in the securities report for the previous fiscal year.」
It was stated that there had been no material changes in the major risks, including the risk of goodwill impairment associated with the succession of the Proteras business. - FY2025-H1RestatedAnnual report
「The filing states that, during the interim consolidated accounting period, there were no material changes in the major risks that management recognizes could materially affect the consolidated companies' financial position, operating results or cash flows, or in the matters described under Business Risks in the securities report for the previous fiscal year.」
It was stated that there had been no material changes in the major risks, including the risk of goodwill impairment associated with the succession of the Proteras business. - FY2023MitigatedAnnual report
「Goodwill arising from the succession of part of 株式会社プロテラス's business through an absorption-type company split in November 2021 amounted to ¥598.336 million as of the end of the consolidated fiscal year, representing 19.6% of the total assets of the Group. Goodwill is amortized each period, but if an indication of impairment is identified, the Group considers whether impairment should be recognized. Any impairment of goodwill could affect the Group's results.」
The goodwill balance and its ratio to total assets declined from ¥705.501 million and 28.5% in the previous year to ¥598.336 million and 19.6%, respectively. The accounting estimates also concluded that there was no indication of impairment during the year. - FY2023-Q3RestatedAnnual report
「During the nine-month period of the current consolidated fiscal year, there were no occurrences of the principal risks that management recognised as potentially having a material impact on the financial condition, operating results or cash flows of the consolidated companies, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year, among the matters relating to the business and accounting conditions described in the quarterly report.」
It was concluded that there had been no material changes in business and other risks, including the risk of goodwill impairment associated with the succession of the Proteras business. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It was concluded that there had been no material changes in business and other risks, including the risk of goodwill impairment associated with the succession of the Proteras business. - FY2022First statedAnnual report
「Goodwill arising from the succession of part of 株式会社プロテラス's business through an absorption-type company split in November 2021 amounted to ¥705.501 million as of 31 March 2022, representing 28.5% of the total assets of the Group. Goodwill is amortized each period, but if an indication of impairment is identified, the Group considers whether impairment should be recognized. Any impairment of goodwill could affect the Group's results.」
Because goodwill associated with the succession of the Proteras business accounted for 28.5% of total assets, the possibility of goodwill impairment was disclosed independently as a major risk factor for the first time.