Failure to Meet M&A Plans and Impairment Risk
First written in FY2016. 1 of 2 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2024: 37 of 92 companies on the "Worse" side.
60 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Changes in economic conditions and the business environment may prevent planned initiatives from being achieved, making it difficult for them to contribute to performance or potentially giving rise to impairment losses.」
While using M&A and capital alliances as means of growth, the group continues to face the risks of failing to meet plans, difficulty contributing to performance and impairment losses. - FY2016First statedAnnual report
「The group views M&A as one means of expanding its business and intends to continue pursuing M&A, taking into account the fit between its business domains and the corporate cultures of the companies involved. Each transaction will be carefully reviewed by internal and external experts. However, changes in economic conditions and the business environment may prevent planned initiatives from being achieved, making it difficult for them to contribute to performance or potentially giving rise to impairment assessments.」
The group uses M&A as a means of growth and conducts reviews by experts, while disclosing the possibility of failing to meet plans, difficulty contributing to performance and impairment.