Risk of Impairment Losses and Losses on Disposal Related to New Businesses, Business Alliances and Acquisitions
First written in FY2021. 1 of 2 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2019: 12 of 30 companies on the "Worse" side.
17 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「If, due to changes in the business environment or other factors, the Group is unable to achieve the expected results within the originally planned timeframe, or determines that sufficient future economic benefits cannot be expected to recover the investment, impairment losses, losses on disposal of businesses in connection with business reorganizations and related costs may arise, which could affect the Group's business, operating results and financial position.」
The company continues to disclose the risk of impairment losses and losses on disposal related to intangible assets and shares of associates arising from new businesses, alliances and acquisitions. - FY2021First statedAnnual report
「If, due to changes in the business environment or other factors, the Group is unable to achieve the expected results within the originally planned timeframe, or determines that sufficient future economic benefits cannot be expected to recover the investment, impairment losses, losses on disposal of businesses in connection with business reorganizations and related costs may arise, which could affect the Group's business, operating results and financial position.」
The company has newly and systematically disclosed the risk of impairment losses or losses on disposal if plans are not achieved for software, goodwill, shares of associates and other assets held in connection with new businesses, business alliances and acquisitions.