Risks Associated with Corporate Acquisitions, Capital Alliances and Business Restructuring
First written in FY2025. 1 of 2 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 9 of 29 companies on the "Worse" side.
34 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The group conducts acquisitions and capital alliances to achieve further growth. However, if it cannot obtain the growth synergies or other benefits initially expected because of the business environment surrounding the group or investee companies, this could adversely affect the group’s operating results and financial position.」
The group continues to disclose the risks of failing to achieve synergies from acquisitions and capital alliances and of business restructuring, which it aims to minimize through portfolio reviews. - FY2025First statedAnnual report
「The group conducts acquisitions and capital alliances to achieve further growth. However, if it cannot obtain the growth synergies or other benefits initially expected because of the business environment surrounding the group or investee companies, this could adversely affect the group’s operating results and financial position.」
The group identifies failure to achieve synergies from acquisitions and capital alliances, as well as the withdrawal from unprofitable businesses and reorganization of affiliates associated with restructuring, as risks.