FY2024-Q2First statedAnnual report
「The accounting treatment for the business combination with Nam Khai Phu Service Trading Production Co.,Ltd. on 1 April 2023 had been provisional in the previous consolidated fiscal year, but was finalised in the second quarter of the current fiscal year. As a result of finalising the provisional accounting treatment, significant revisions to the initial allocation of the acquisition cost have been reflected in the comparative information included in the quarterly consolidated financial statements for the six months ended the second quarter of the current fiscal year. Accordingly, goodwill provisionally calculated at ¥1,040 million decreased by ¥363 million to ¥676 million upon finalisation of the accounting treatment. In addition, customer-related assets and deferred tax liabilities at the end of the previous consolidated fiscal year increased by ¥493 million and ¥98 million, respectively, in the consolidated balance sheet.」
The provisional purchase price allocation for the NKP business combination was finalised, reducing goodwill from ¥1,040 million by ¥363 million to ¥676 million. The revisions were also reflected in the comparative information and the consolidated balance sheet at the end of the previous consolidated fiscal year.