Risk of additional impairment losses due to deterioration in financial position
First written in FY2017. 1 of 8 entries say "Worsened", first in FY2020-Q3. Latest entry: FY2025.
The whole theme swung hardest in 2020: 51 of 96 companies on the "Worse" side.
- FY2025RestatedAnnual report
「It was determined that there were no indications of impairment of goodwill or customer-related assets during the fiscal year.」
While goodwill and customer-related assets increased due to the acquisition of NetMove and other factors, the company states that there were no indications of impairment during the fiscal year. - FY2025-H1Update on the goodwill balance associated with the acquisition of NetMoveAnnual report
「Intangible assets: goodwill 39,490 42,563」
The goodwill balance increased from ¥3,949 million at the end of the previous fiscal year to ¥4,256 million, mainly due to the acquisition of NetMove. - FY2024Full-year update on キャンシステム’s negative net worth and goodwill balanceAnnual report
「キャンシステム株式会社 had negative net worth of ¥2,320 million at the end of the fiscal year. No impairment loss has been recognized on the goodwill.」
キャンシステム’s negative net worth was ¥2,320 million and related goodwill was ¥6,974 million, with no impairment loss recognized on the goodwill. - FY2022Update on キャンシステム’s negative net worth and goodwill balanceAnnual report
「The above amount includes ¥7,952 million in goodwill related to キャンシステム株式会社, acquired in October 2018, representing 5.2% of total assets. In addition, キャンシステム株式会社 had negative net worth of ¥3,162 million at the end of the fiscal year. No impairment loss has been recognized on the goodwill.」
Goodwill related to キャンシステム was ¥7,952 million and negative net worth was ¥3,162 million, with no impairment loss recognized on the goodwill. - FY2021Disclosure of キャンシステム's negative net worth and related goodwillAnnual report
「The above amount includes ¥8,442 million in goodwill related to キャンシステム株式会社, acquired in October 2018, representing 5.9% of total assets. In addition, キャンシステム株式会社 had negative net worth of ¥3,264 million at the end of the fiscal year. No impairment loss has been recognized on this goodwill.」
In connection with the risk of additional impairment, goodwill of ¥8,442 million and negative net worth of ¥3,264 million at キャンシステム are disclosed, but no impairment loss has been recognized on the goodwill. - FY2020MaterialisedAnnual report
「Impairment losses for the fiscal year totaled ¥482 million.」
Regarding the risk of additional impairment losses in the future, impairment losses were actually recognized for the Communications Business of ¥123 million, the Content Distribution Business of ¥38 million, and the Media Business of ¥313 million, among others, indicating that the risk has materialized. - FY2020-Q3WorsenedAnnual report
「However, because these estimates contain uncertainty, if the estimates change due to changes in unpredictable assumptions or other factors, this could affect the group's financial position and operating results from the next quarterly consolidated accounting period onward.」
The company has specified the uncertainty regarding future impacts from changes in assumptions in estimates of the recoverability of deferred tax assets and impairment of property, plant and equipment, taking into account the impact of COVID-19. - FY2017First statedAnnual report
「If fluctuations in the profit or loss or cash flows generated by operating activities in the group's businesses, or in the market prices of property, plant and equipment, make it necessary to recognize additional impairment losses in the next fiscal year or thereafter.」
The company has identified as a new risk the possibility that additional impairment losses will be required in the future due to fluctuations in business profit or loss, cash flows, or property, plant and equipment prices.