Failure to Realize the Benefits of Holding Company Governance and Group Cash Management
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2023.
2 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The Group will strive to strengthen its management platform by making maximum use of the synergies of its management integration, including the advantages of the holding-company structure. However, if the benefits of holding-company governance and other measures are not fully realized, the Group's financial position and operating results may be adversely affected.」
The risk of failing to realize the benefits of holding-company governance and intra-group fund management continues to be disclosed. - FY2020RestatedAnnual report
「The Group will strive to strengthen its management platform by making maximum use of the synergies of its management integration, including the advantages of the holding-company structure. However, if the benefits of holding-company governance and other measures are not fully realized, the Group's financial position and operating results may be adversely affected.」
The risk of failing to realize the benefits of holding-company governance and intra-group fund management continues to be disclosed. - FY2016First statedAnnual report
「If the benefits of holding-company governance and other measures are not fully realized, the Group's financial position and operating results may be adversely affected. In treasury management, the Group is also working to improve the efficiency of fund management and allocation within the Group. If these measures do not produce their full effect, the Group's financial position and operating results may be adversely affected.」
While strengthening Group-wide management and improving the efficiency of fund management are stated as policies, failure to realize their full benefits is identified as a risk.