Goodwill Impairment Risk Associated with Business and Capital Alliances
First written in FY2018. 17 of 19 entries say "Materialised", first in FY2018. Latest entry: FY2027-H1.
Onward Holdings moved to the "Worse" side of this theme in 2018, 6 years before the typical company in this theme (2024).
The whole theme swung hardest in 2023: 35 of 97 companies on the "Worse" side.
54 other companies' latest entry also says "Materialised".
- FY2027-H1MaterialisedAnnual report
「Impairment losses 714 243」
The company recorded impairment losses of ¥243 million during the interim consolidated accounting period. This was down from ¥714 million in the same period of the previous year, but impairment risks associated with business and capital alliances and other arrangements continued to arise. - FY2026MaterialisedAnnual report
「Impairment loss 2,621」
An impairment loss of ¥2,621 million, including ¥2,240 million in Japan and ¥380 million overseas, was recognized, and impairment risk associated with business and capital alliances actually materialized for the full fiscal year. - FY2026-H1MaterialisedAnnual report
「Impairment loss 714」
An impairment loss of ¥714 million was recognized for the current interim consolidated accounting period, and impairment risk associated with business and capital alliances continued to materialize. - FY2025-H1Update to interim-period impairment lossAnnual report
「Impairment loss 243」
An impairment loss of ¥243 million was recognized for the current interim consolidated accounting period, and impairment risk associated with business and capital alliances continued to materialize. - FY2025-Q1MaterialisedAnnual report
「Impairment loss 31」
An impairment loss of ¥31 million was recognized in the first quarter, and impairment risk associated with business and capital alliances continued to materialize. - FY2024MaterialisedAnnual report
「During the consolidated fiscal year, the Group recognized impairment losses on the following assets.」
An impairment loss of ¥3,586 million was recognized on operating assets in Japan, the United Kingdom, the United States, and elsewhere, and impairment risk associated with business and capital alliances actually materialized for the full fiscal year. - FY2024-Q3MaterialisedAnnual report
「Impairment loss 362」
An impairment loss of ¥362 million was recognized for the cumulative third-quarter period, and impairment risk associated with business and capital alliances continued to materialize. - FY2023-Q3MaterialisedAnnual report
「Impairment loss 723」
An impairment loss of ¥723 million was recognized for the cumulative third-quarter period, and impairment risk associated with business and capital alliances continued to materialize. - FY2023-Q1MaterialisedAnnual report
「Impairment loss 458」
An impairment loss of ¥458 million was recognized in the first quarter, and impairment risk, including goodwill associated with business and capital alliances, continued to materialize. - FY2020MaterialisedAnnual report
「In addition, for consolidated subsidiaries in Japan and overseas, after assessing recoverability based on projected future cash flows, an impairment loss of ¥10,862 million was recognized for goodwill under extraordinary losses.」
Goodwill impairment also actually occurred for the full fiscal year, with ¥10,662 million recognized for consolidated subsidiaries in Japan and overseas. - FY2020-Q3MaterialisedAnnual report
「Impairment losses were recognized in the Apparel-Related Business (Japan) segment, Apparel-Related Business (Overseas) segment, Lifestyle-Related Business segment, and corporate assets not allocated to each reporting segment. The amounts recognized were ¥647 million for the Apparel-Related Business (Japan) segment, ¥4,913 million for the Apparel-Related Business (Overseas) segment, ¥5,733 million for the Lifestyle-Related Business segment, and ¥10,778 million for corporate assets not allocated to each reporting segment.」
Impairment losses were actually recognized in each of the Japan apparel, overseas apparel, lifestyle, and corporate asset categories, with the amounts by segment also disclosed. - FY2020-Q2MaterialisedAnnual report
「An impairment loss on goodwill was recognized in corporate assets not allocated to each reporting segment. The resulting decrease in goodwill was ¥10,895 million.」
Goodwill impairment risk continued to materialize, with a ¥10,895 million decrease in goodwill in corporate assets recorded for the cumulative second-quarter period. Total impairment losses on the income statement were ¥22,139 million. - FY2019MaterialisedAnnual report
「In addition, for consolidated subsidiary Onward Luxury Group S.P.A., after assessing recoverability based on projected future cash flows, an impairment loss of ¥4,290 million was recognized for goodwill under extraordinary losses.」
Goodwill impairment risk actually materialized at Onward Luxury Group S.P.A., resulting in an impairment loss of ¥4,290 million. The amount also increased from the previous ¥162 million at Tiaclasse. - FY2018MaterialisedAnnual report
「After assessing recoverability based on projected future cash flows for consolidated subsidiary TierClasse Co., Ltd., the Company recognized an impairment loss of ¥162 million on the unamortized balance of goodwill as an extraordinary loss.」
The Group identifies goodwill impairment as a risk associated with investments such as M&A, and recognized an actual ¥162 million impairment loss on TierClasse’s goodwill during the year.