M&A risks
First written in FY2022. 2 of 3 entries say "Mitigated", first in FY2023. Latest entry: FY2025.
The whole theme swung hardest in 2025: 9 of 30 companies on the "Worse" side.
5 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「The Group has established a Business Risk Management Office and is working toward optimal risk management, with the aim of thoroughly checking risks in individual transactions, smoothly promoting risk management, and sharing examples and expertise for managing risks.」
Regarding risks associated with entering new fields, including M&A, the Group described checks of individual transactions, the sharing of examples and expertise, and management by the Business Risk Management Office. - FY2023MitigatedAnnual report
「In the post-acquisition integration process, the Group will define the actions to be taken and their deadlines, strengthen monitoring, and work to maximize synergies.」
As a measure addressing M&A risks, the Group specified the post-acquisition integration actions and deadlines and established a policy of strengthening monitoring. - FY2022First statedAnnual report
「If the expected earnings growth, synergies or other benefits from companies targeted for M&A fail to materialize, the Group’s business performance could be affected.」
While pursuing business expansion through M&A, the Group disclosed for the first time as an independent risk the failure to realize earnings growth and synergies after an acquisition.