Komori
Yakiniku Sakai Holdings (2694) · RiskMaterialised

Shortfalls in post-M&A performance and impairment risk

First written in FY2019. 4 of 5 entries say "Materialised", first in FY2020. Latest entry: FY2026.

5entries
8years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2019MaterialisedFY2020 – FY20262019: 120192020: 120202021: 020212022: 020222023: 020232024: 120242025: 120252026: 12026
Same theme, other companies
Post-M&A integration and goodwill impairment riskA theme 524 companies write about · 560 as a headwind · 1 as a tailwind

Yakiniku Sakai Holdings moved to the "Worse" side of this theme in 2020, 4 years before the typical company in this theme (2024).

The whole theme swung hardest in 2024: 40 of 92 companies on the "Worse" side.

50 other companies' latest entry also says "Materialised".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 186 companies compared. The sentences above are computed from all 186.Comparing 200 of the theme's 561 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2026MaterialisedAnnual report

    「Goodwill Goodwill 19,892」

    The company recorded an impairment loss of ¥19.892 million on goodwill related to businesses acquired through M&A and other transactions. Although the amount declined from the previous fiscal year, the risk concerning performance and recoverability continued to materialize as an actual loss.
  2. FY2025MaterialisedAnnual report

    「Goodwill Goodwill 37,719」

    The company also recorded an impairment loss including ¥37.719 million in goodwill related to businesses acquired through M&A and other transactions. The risk concerning post-M&A profitability and recoverability materialized as an actual loss.
  3. FY2024MaterialisedAnnual report

    「In addition, because recoverability was not recognized for the goodwill equivalent amounts related to certain consolidated subsidiaries, the entire amount was recorded as an impairment loss.」

    An event occurred in which recoverability was not recognized for goodwill related to subsidiaries acquired through M&A and other transactions, resulting in the recognition of an impairment loss including ¥128.869 million.
  4. FY2020MaterialisedAnnual report

    「Because recoverability was not recognized for the goodwill equivalent amounts related to certain consolidated subsidiaries, the entire amount was recorded as an impairment loss.」

    An event occurred in which recoverability was not recognized for goodwill related to subsidiaries acquired through M&A and other transactions, resulting in the recognition of an impairment loss.
  5. FY2019First statedAnnual report

    「To achieve sustainable growth, our group may conduct M&A transactions and capital and business alliances. Before implementing these transactions, we thoroughly examine the target company's financial and contractual details, assess the risks, and make a decision. However, if we determine that the initially anticipated results cannot be achieved due to changes in the business environment after implementation, or if a capital and business alliance or similar arrangement is terminated or changed, goodwill impairment losses, investment impairment losses, and other factors may affect our group's operating results and financial position.」

    The company newly disclosed the risks associated with its increasingly active M&A and capital and business alliances, including failure to achieve anticipated results, termination or change of alliances, and impairment losses on goodwill and investments.
Moved together

"Cash flow risk on bond redemption and loan repayment dates" moved the same way as this thread, in the same document, in 3 of its 5 moves.

33222★12345
  1. ★This thread
  2. 1Cash flow risk on bond redemption and loan repayment dates3×
  3. 2Food service subsidiary in a capital deficit and loss-making3×
  4. 3Impairment losses on stores, school buildings and other assets2×
  5. 4Risk of recovering security deposits, guarantee deposits and construction cooperation deposits2×
  6. 5Focus on EBITDA and achievement of targets2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Yakiniku Sakai Holdings yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.