Finalisation of the provisional accounting treatment for the business combination with クサネン
First written in FY2024-Q2. . Latest entry: FY2024-Q3.
- FY2024-Q3Disclosure of the impact on third-quarter comparative informationAnnual report
「As a result, in the quarterly consolidated statement of profit or loss and comprehensive income for the first nine months of the previous fiscal year, selling, general and administrative expenses increased by ¥33.106 million, comprising increases of ¥18.131 million in goodwill amortisation and ¥14.974 million in amortisation of customer-related assets, while income tax adjustments decreased by ¥5.073 million. Accordingly, operating income, ordinary income and profit before income taxes decreased by ¥33.106 million, while quarterly net income, quarterly net income attributable to owners of the parent, quarterly comprehensive income and quarterly comprehensive income attributable to owners of the parent decreased by ¥28.032 million.」
The company disclosed that, following the finalisation of the provisional accounting treatment for the business combination with クサネン, selling, general and administrative expenses in the comparative information for the first nine months increased by ¥33.106 million, with operating income and related measures decreasing by the same amount and quarterly net income and related measures decreasing by ¥28.032 million. - FY2024-Q2First statedAnnual report
「The business combination with 株式会社クサネン completed on 1 July 2022 had been accounted for provisionally since the second quarter of the previous fiscal year, but the accounting treatment was finalised at the end of the previous fiscal year. As a result, in the quarterly consolidated statement of profit or loss and comprehensive income for the first six months of the previous fiscal year, selling, general and administrative expenses increased by ¥16.553 million, comprising increases of ¥9.065 million in goodwill amortisation and ¥7.487 million in amortisation of customer-related assets, while income tax adjustments decreased by ¥2.536 million.」
The provisional accounting treatment for the business combination with クサネン was finalised at the end of the previous fiscal year, and revisions to amortisation of goodwill and customer-related assets were reflected in the comparative information. The disclosed impact was a ¥16.553 million decrease in operating income and related measures, and a ¥14.016 million decrease in quarterly net income and related measures.