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Ryomo Systems (9691) · FactNo impairment loss recognized for the current fiscal year

Impairment Loss Due to Declining Profitability of Packaged Software

First written in FY2019. . Latest entry: FY2024.

4entries
6years
0from disclosures
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ProgressHeldSoftenedWorseOtherFY2019 – FY20242019: 120192020: 120202021: 020212022: 020222023: 120232024: 12024
Same theme, other companies
Impairment risk due to declining recoverability of software investments and development assetsA theme 105 companies write about · 109 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2024: 19 of 45 companies on the "Worse" side.

5 other companies' latest entry also says "Other".

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Showing 14 of the 105 companies compared. The sentences above are computed from all 105.
Full recordFilings, disclosures and news, newest first
  1. FY2024No impairment loss recognized for the current fiscal yearAnnual report

    「Current consolidated fiscal year (1 April 2023 to 31 March 2024): Not applicable.」

    The company states that there was no applicable impairment loss for the current consolidated fiscal year on the package software, for which it recognized an impairment loss of ¥53.452 million in the previous fiscal year.
  2. FY2023Impairment loss recognized againAnnual report

    「For the package software, the company determined that recovery of the investment was no longer expected due to declining profitability, reduced the entire carrying amount, and recognized the reduction as an impairment loss.」

    For the package software, the company recognized an impairment loss of ¥53.452 million due to declining profitability and the inability to recover the investment.
  3. FY2020Impairment losses continue to be recordedAnnual report

    「For the package software, the company determined that recovery of the investment was no longer expected due to declining profitability, reduced the entire carrying amount, and recognized the reduction as an impairment loss.」

    For the package software, the company recognized an impairment loss of ¥4.239 million due to declining profitability, following the previous fiscal year.
  4. FY2019First statedAnnual report

    「For the package software, the company determined that recovery of the investment was no longer expected due to declining profitability, reduced the entire carrying amount, and recognized the reduction as an impairment loss.」

    For the package software, the company determined that recovery of the investment was not expected due to declining profitability and recognized an impairment loss of ¥91.745 million.
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Impairment Loss Due to Declining Profitability of Packaged Software | RYOMO SYSTEMS CO.,LTD. (9691) | Komori