Risks Associated with Future Investments, Financing and M&A Execution and Recovery
First written in FY2024. 2 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 28 of 84 companies on the "Worse" side.
88 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「We are not currently making investments or financing arrangements. However, for future business expansion, we may make investments or financing arrangements, including investments in Japan or overseas, establishing subsidiaries, developing joint ventures, forming alliances and pursuing M&A.」
The company continues to identify risks associated with future investments, financing arrangements and M&A, while stating that none currently exist. - 2026-04-10AdvancedEarnings presentation
「As an option for expanding our services, we will consider M&A in addition to in-house development.」
Future investments and M&A are described specifically as options for expanding services that remain under consideration. There is no indication that an M&A transaction or investment has been executed or completed. - FY2025RestatedAnnual report
「We are not currently making investments or financing arrangements. However, for future business expansion, we may make investments or financing arrangements, including investments in Japan or overseas, establishing subsidiaries, developing joint ventures, forming alliances and pursuing M&A.」
The company continues to disclose risks associated with future investments, subsidiary formation, joint ventures, alliances and M&A, while stating that it currently has no such investments or financing arrangements. - FY2024First statedAnnual report
「If the business of an investment target does not progress as planned, invested or financed amounts cannot be recovered, or an event requiring impairment occurs, our business operations, operating results and financial condition may be affected.」
Although the company currently makes no investments or financings, it describes potential losses from future investments, subsidiaries, joint ventures, alliances and M&A.