Goodwill Impairment Associated with the Acquisition of VALQUA NGC,Inc.
First written in FY2019-Q3. 2 of 3 entries say "Materialised", first in FY2019-Q3. Latest entry: FY2025.
Valqua moved to the "Worse" side of this theme in 2025, 2 years after the typical company in this theme (2023).
The whole theme swung hardest in 2019: 21 of 49 companies on the "Worse" side.
54 other companies' latest entry also says "Materialised".
- FY2025MaterialisedAnnual report
「VALQUA NGC,Inc. (TEXAS U.S.A) Assets scheduled for disposal Machinery and vehicles Tools, furniture and fixtures Right-of-use assets Software 64」
An impairment loss of ¥64 million was recognized for assets scheduled for disposal at VALQUA NGC,Inc. in connection with the planned end of production at the plant. - FY2020-Q3MitigatedAnnual report
「For the nine-month consolidated cumulative period from 1 April 2019 to 31 December 2019 There were no applicable matters.」
The filing states that there was no applicable goodwill amortization related to VALQUA NGC,Inc. in the nine-month cumulative period, compared with ¥368 million recognized in the previous nine-month cumulative period. - FY2019-Q3MaterialisedAnnual report
「In the functional resin products business segment, goodwill decreased by ¥368 million during the nine-month period ended Q3 as goodwill was amortized as a special loss following impairment of the shares of consolidated subsidiary VALQUA NGC,Inc.」
Following the impairment of the shares of VALQUA NGC,Inc., an amortization expense of ¥368 million for acquisition-related goodwill was recognized as an extraordinary loss.