Goodwill impairment risk
First written in FY2024. 2 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2019: 5 of 12 companies on the "Worse" side.
16 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Because the recoverable amount was well above the carrying amount in both the previous consolidated fiscal year and the current consolidated fiscal year, no impairment loss was recognized.」
The ¥5,120,539 thousand goodwill balance was maintained, and no impairment loss was recognized because the recoverable amount was well above the carrying amount in the impairment test. - FY2025RestatedAnnual report
「The ¥5,120,539 thousand of goodwill recognized in the consolidated statement of financial position arose when Rise Holdings Co., Ltd., the predecessor of Rise Consulting Group,Inc., acquired the former Rise Consulting Group,Inc. on 25 December 2020.」
The ¥5,120,539 thousand goodwill balance was maintained, and no impairment loss was recognized for the fiscal year because the recoverable amount was well above the carrying amount in the impairment test. - FY2024First statedAnnual report
「On 25 December 2020, the Company acquired a majority of the shares of the former Rise Consulting Group,Inc. and recognized goodwill. Although the Company considers this goodwill to appropriately reflect future earning capacity, an impairment loss on the goodwill would be recognized if the Company's future profitability declined.」
The goodwill balance was ¥5,120,539 thousand. In each annual impairment test, the recoverable amount was well above the carrying amount, and no impairment loss was recognized for the fiscal year.