Risks of M&A and Equity Investment Activities
First written in FY2020. 10 of 20 entries say "Restated". Latest entry: 2026-10-30.
Chudenko moved to the "Worse" side of this theme in 2023, 2 years after the typical company in this theme (2021).
The whole theme swung hardest in 2020: 29 of 87 companies on the "Worse" side.
30 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Loss on investments accounted for using the equity method 196 1,048」
Amid the identified risk associated with M&A, equity investments, and other investments, the Group recognized a ¥1,048 million loss on investments accounted for using the equity method in the current fiscal year. This was up from ¥196 million in the previous fiscal year, with losses relating to investees continuing to appear in reported results. - FY2026-H1MaterialisedAnnual report
「Equity-method investment losses 30 682」
Amid the identified risk associated with M&A and equity investments, the Group recognized a ¥682 million loss on investments accounted for using the equity method in the current interim period. Losses relating to investees continue to appear in reported results. - FY2025-H1Dissolution of Investee and Tax EffectsAnnual report
「As a resolution to dissolve C&C was passed on 31 October 2024, the company is expected to be dissolved during the fiscal year ending March 2025. Accordingly, the impairment loss on shares of the affiliated company and related items will be deductible for tax purposes.」
Amid the identified risk associated with M&A and equity investments, the Group disclosed the resolution to dissolve C&C Investment and the expected dissolution. Corporate income taxes and other taxes are expected to decrease as impairment losses on shares of affiliated companies and related items from prior fiscal years become tax-deductible. - FY2024MaterialisedAnnual report
「During the fiscal year, the company recognized impairment losses of ¥114 million on securities, consisting of ¥114 million on shares of affiliated companies.」
Amid the continued identification of the risk associated with M&A and equity investments, the Group recognized a ¥114 million impairment loss on shares of affiliated companies and a ¥294 million loss on investments accounted for using the equity method. - FY2024-Q3MaterialisedAnnual report
「Loss on investments accounted for using the equity method 241 Impairment loss on shares of affiliated companies 114」
Amid the identified risk associated with M&A and equity investments, the Group recognized a ¥241 million loss on investments accounted for using the equity method and a ¥114 million impairment loss on shares of affiliated companies during the nine-month period ended in the current third quarter. - FY2024-Q2MaterialisedAnnual report
「Loss on investments accounted for using the equity method 234 Impairment loss on shares of affiliated companies 114」
Amid the identified risk associated with M&A and equity investments, the Group recognized a ¥234 million loss on investments accounted for using the equity method and a ¥114 million impairment loss on shares of affiliated companies during the six-month period ended in the current second quarter. - FY2023MaterialisedAnnual report
「Loss on investments accounted for using the equity method ¥12,565 million Provision for loss on business of affiliated companies ¥827 million」
Amid the risk associated with M&A and equity investments, the Group recognized a ¥12,565 million loss on investments accounted for using the equity method and ¥827 million in provision for loss on business of affiliated companies, due to declining profitability in overseas business investments through C&C Investment. - FY2023-Q3RestatedAnnual report
「⑥ Risks related to M&A and equity investment businesses」
The Company continues to identify risks related to its M&A and equity investment businesses and states that there have been no newly arising business or other risks or material changes. - FY2023-Q2RestatedAnnual report
「⑥ Risks related to M&A and equity investment businesses」
The Company continues to identify risks related to its M&A and equity investment businesses and states that there have been no newly arising business or other risks or material changes. - FY2023-Q1RestatedAnnual report
「⑥ Risks related to M&A and equity investment businesses」
The Company continues to identify risks related to its M&A and equity investment businesses and states that there have been no newly arising business or other risks or material changes. - FY2022RestatedAnnual report
「When making business investments, the Group consults extensively with the responsible and related departments based on evaluations and opinions from external experts, in accordance with the Guidelines for M&A Investment Standards and Evaluation. After carefully considering investment effectiveness and consistency with its management strategy, it determines whether to proceed with the investment.」
The Group continues to recognize the risk of M&A and equity investments and describes responses involving the guidelines, evaluations by external experts, confirmation of business plans and results after investment, and the secondment of employees. - FY2022-Q3RestatedAnnual report
「⑥ Risks of M&A and equity investment businesses」
The Group continues to identify the risk of M&A and equity investments and states that there have been no newly arising business or other risks or material changes. - FY2022-Q2RestatedAnnual report
「⑥ Risks of M&A and equity investment businesses」
The Group continues to identify the risk of M&A and equity investments and states that there have been no newly arising business or other risks or material changes. - FY2021RestatedAnnual report
「After making an investment, the Group verifies and monitors the investee's management condition and progress on its business plan and, where necessary, requests improvements or provides personnel support. In addition, to maximize the effectiveness of M&A investments and minimize risk, the Group has established and operates Guidelines for M&A Investment Standards and Evaluation.」
The Group continues to recognize the risk of M&A and equity investments and describes monitoring of investee progress, requests for improvements and personnel support, and management under the Guidelines for M&A Investment Standards and Evaluation. - FY2021-Q3RestatedAnnual report
「⑥ Risks of M&A and equity investment businesses」
The Group continues to identify the risk of M&A and equity investments. - FY2021-Q2RestatedAnnual report
「⑥ Risks of M&A and equity investment businesses」
The Group continues to identify the risk of M&A and equity investments. It states that there have been no newly arising or material changes in business or other risks. - FY2021-Q1RestatedAnnual report
「⑥ Risks of M&A and equity investment businesses」
The Group continues to identify the risk of M&A and equity investments. It states that there have been no newly arising or material changes in business or other risks. - FY2020First statedAnnual report
「The Group engages in M&A and participates in business investments, primarily in its core facilities construction business, to expand its operations and strengthen its competitiveness. However, if an acquired or invested business fails to develop as planned despite prior investigation and consideration, and the Group is unable to recover the funds invested or incurs additional costs, this could affect the Group's business performance.」
While pursuing M&A and equity investments as means of growth, the Group has newly identified as major risks the inability to recover invested funds and additional costs if acquired or invested businesses do not progress as planned.