Failure to Meet Plans and Additional Costs in New Businesses and Acquisitions
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2020: 28 of 84 companies on the "Worse" side.
21 other companies' latest entry also says "Mitigated".
- FY2021MitigatedAnnual report
「For business plans for new businesses and other initiatives, the Group has taken measures including thoroughly evaluating progress, profit and loss plans, and the risks and costs of withdrawal if progress fails to meet plans at meetings of the Executive Committee.」
The Group specified its response to the risks of failure to meet new-business plans, additional costs, and insufficient investment returns by evaluating progress, profit and loss plans, and withdrawal risks and costs at meetings of the Executive Committee. - FY2020RestatedAnnual report
「The Group aims to build a multifaceted business portfolio that goes beyond supporting restaurant promotions in order to preserve and develop Japan's food culture. It appropriately monitors the progress and profit and loss plans for each business at meetings of the Executive Committee and other forums. However, there is no guarantee that plans will progress as expected, and new businesses may incur additional costs, including higher-than-expected costs for securing personnel and expanding facilities, which could affect business performance.」
While aiming to build a multifaceted business portfolio, the Group continues to disclose the risks of failure to meet new-business plans, additional costs, and insufficient investment returns. - FY2019RestatedAnnual report
「The Group aims to expand its core and related businesses centered on the food sector. However, there is no guarantee that its plans will progress as expected, and new businesses may incur additional costs, such as higher-than-expected costs to secure personnel and expand facilities, potentially affecting performance.」
Continues to disclose the risks of failure to meet plans, additional costs, and insufficient investment returns associated with expanding its food-centered core and related businesses. - FY2018RestatedAnnual report
「The Group aims to expand its core and related businesses centered on the food sector. However, there is no guarantee that its plans will progress as expected, and new businesses may incur additional costs, such as higher-than-expected costs to secure personnel and expand facilities, potentially affecting performance.」
Reiterates the risks of failure to meet plans for new businesses and acquisitions, additional costs, and insufficient investment returns. - FY2016First statedAnnual report
「The Group aims to expand its core and related businesses centered on the food sector. However, there is no guarantee that its plans will progress as expected, and new businesses may incur additional costs, such as higher-than-expected costs to secure personnel and expand facilities, potentially affecting performance.」
Includes failure to meet new-business plans, additional costs, and insufficient investment returns from mergers and acquisitions.