Making Merz Dental GmbH a Subsidiary and Creating Synergies
First written in FY2016. 2 of 5 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2024.
No other company in this theme has enough history to compare yet.
- FY2024WorsenedAnnual report
「Because the company decided to partially discontinue development of manufacturing equipment, it reduced the carrying amount of the relevant assets to their recoverable amount and recorded the decrease as an impairment loss under extraordinary losses.」
Merz Dental GmbH partially discontinued development of manufacturing equipment and recorded a ¥173 million impairment loss. - FY2019AdvancedAnnual report
「Merz Dental GmbH in Germany built a new plant to improve production capacity and efficiency in order to expand sales in the European market.」
For Merz Dental GmbH, the company disclosed the construction of a new plant as a specific measure to establish an operating base for expanding in the European market after the acquisition. - FY2018WorsenedAnnual report
「The company recognized an impairment loss on goodwill related to Merz Dental GmbH because the earnings initially expected in the business plan considered at the time of the share acquisition could no longer be expected.」
For Merz Dental GmbH, the company recorded a ¥231 million impairment loss on goodwill because the initially expected earnings could no longer be expected. The company specifically disclosed the deterioration in the earnings outlook after the acquisition. - FY2017-Q1AdvancedAnnual report
「The provisional accounting treatment for the business combination with Merz Dental GmbH completed on 1 April 2015 during the first quarter of the previous consolidated fiscal year was finalized during the second quarter of the previous consolidated fiscal year.」
The provisional accounting treatment for the business combination with Merz Dental GmbH was finalized, and goodwill was revised from ¥1,383 million to ¥709 million. - FY2016First statedAnnual report
「The company made Merz Dental GmbH, a German manufacturer of artificial teeth, a subsidiary to create synergies in research and development, production and sales.」
Acquired 100% of Merz Dental GmbH in April 2015 and is seeking to create synergies in research and development, production and sales.