Impairment of Solution Business Assets Due to Lower Earnings Prospects
First written in FY2019. 5 of 6 entries say "Materialised", first in FY2019. Latest entry: FY2026.
Creo moved to the "Worse" side of this theme in 2019, 3 years before the typical company in this theme (2022).
The whole theme swung hardest in 2024: 6 of 8 companies on the "Worse" side.
3 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「During the consolidated fiscal year, the company recognized a ¥25 million software valuation loss. This was recognized following a review of the sales plan for part of the product master.」
A ¥25 million software valuation loss arose on solution-related assets associated with lower earnings prospects, following a review of the sales plan for the product master. - FY2024WorsenedAnnual report
「Software valuation loss 99 Consolidated fiscal year (1 April 2023 to 31 March 2024) This was recognized following a review of the sales plan for part of the product master.」
The company recognized a ¥99 million software valuation loss on solution-related assets following a review of the sales plan for the product master, increasing the loss from ¥24 million in the previous fiscal year. - FY2024-Q2MaterialisedAnnual report
「Software valuation loss 16 This was recognized because part of the product master was no longer required for its intended use.」
Regarding the valuation loss on solution-related assets, the company recognized a ¥16 million software valuation loss during the cumulative second quarter because part of the product master was no longer required for its intended use. - FY2023MaterialisedAnnual report
「Software valuation loss 24」
The company recognized a ¥24 million software valuation loss on solution-related assets during the consolidated fiscal year. - FY2022-Q2MaterialisedAnnual report
「Total extraordinary losses 0 66 Office relocation expenses 0 29 Software valuation loss — 36」
During the cumulative second quarter, the company recognized a ¥36 million software valuation loss as an extraordinary loss, resulting in an additional valuation loss on solution-related assets. - FY2019MaterialisedAnnual report
「During the consolidated fiscal year, the company recognized the unamortized balances of goodwill and software related to the solution services business as impairment losses under extraordinary losses because the earnings initially anticipated could no longer be expected.」
As the earnings initially anticipated could no longer be expected, impairment losses were recognized on ¥57 million of goodwill and ¥36 million of software related to the solution services business, for a total of ¥93 million.