Provisional Goodwill Associated with the Acquisition of B4F's E-Commerce Business
First written in FY2025-Q1. . Latest entry: FY2027-H1.
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- FY2027-H1Additional impairment losses recordedAnnual report
「At ㈱MATSUYA GINZA.com, the Group determined that the originally anticipated earnings could no longer be expected because performance had remained below the business plan. Accordingly, it reduced the carrying amount to zero recoverable value based on value in use and recognized an impairment loss.」
For MATSUYA GINZA.com, following the ¥1,003 million impairment of goodwill, software and other assets in the previous interim period, other tangible fixed assets of ¥4 million and other intangible fixed assets of ¥4 million were also impaired in the current interim period. - FY2026-H1Recognition of impairment losses on goodwill and other assetsAnnual report
「Goodwill: ¥645 million; software: ¥310 million; other: ¥47 million」
Due to MATSUYA GINZA.com’s failure to meet its business plan, recognized impairment losses of ¥645 million on goodwill, ¥310 million on software and ¥47 million on other assets, totaling ¥1,003 million, during the interim period. - FY2025Update to the goodwill balance and impairment indicatorsAnnual report
「For the current consolidated fiscal year, we identified impairment indicators at the end of the fiscal year because progress against the assumed plan had fallen behind, among other factors. However, after examining and evaluating the validity of future business plans and other matters, we determined that no impairment loss needed to be recognized for the fiscal year because undiscounted future cash flows exceeded the carrying amount.」
Goodwill related to the acquisition of B4F’s business had a period-end balance of ¥735 million after amortization. Impairment indicators were identified because progress against the business plan was delayed, but no impairment loss was recognized. - FY2025-H1Update to the goodwill recognized at the interim period-endAnnual report
「The increase in goodwill arising from this transaction was ¥825 million during the interim consolidated accounting period. The amount of goodwill was provisionally calculated because the purchase price allocation had not been completed.」
Updated the goodwill recognized in connection with the acquisition of B4F’s e-commerce business to ¥825 million at the interim period-end. The purchase price allocation was incomplete, so the amount was provisional. - FY2025-Q1First statedAnnual report
「Amount of goodwill recognized: ¥900 million. The amount of goodwill was provisionally calculated because the purchase price allocation had not been completed during the first quarter. If additional consideration becomes payable, it will be treated as having been paid at the acquisition date, and the purchase price, amount of goodwill and goodwill amortization expense will be revised accordingly.」
In connection with 株式会社MATSUYA GINZA.com’s acquisition of B4F’s e-commerce business, recognized provisional goodwill of ¥900 million. Contingent consideration totaling up to ¥900 million may arise over the next 2 fiscal years, and the goodwill amortization period is still being calculated.