Impairment Risk Emerges Due to Deviation from WTW’s Business Plan
First written in FY2019. 2 of 2 entries say "Materialised", first in FY2019. Latest entry: FY2025.
The whole theme swung hardest in 2024: 36 of 89 companies on the "Worse" side.
- FY2025MaterialisedAnnual report
「In addition, after reasonably estimating future earnings prospects and other factors for the operating assets of カスタムライフ and ㈱WTW in light of the current business environment and carefully examining their recoverability, the company reduced part of the operating assets to their recoverable amounts and recognized the resulting ¥143 million reduction as an impairment loss under extraordinary losses.」
The risk associated with deviations from the business plans and earnings prospects after acquisition also materialized in the current fiscal year as a ¥143 million impairment loss on the operating assets of カスタムライフ and WTW. - FY2019MaterialisedAnnual report
「Operating assets of ㈱ＷＴＷ and goodwill recognized upon the acquisition of its shares were recognized as an impairment loss of ¥1,051 million under extraordinary losses because they deviated from the business plan prepared at the time of the acquisition and recovery was no longer considered probable.」
The deviation from WTW's business plan at the time of acquisition and the lack of prospects for recovery materialized as an impairment loss of ¥1,051 million.