Post-Acquisition Business Revitalization and Investment Recovery Risk
First written in FY2025. 1 of 3 entries say "Mitigated", first in 2026-04-28. Latest entry: FY2026.
The whole theme swung hardest in 2024: 39 of 92 companies on the "Worse" side.
48 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Because the earnings initially expected from the goodwill recognized when acquiring the shares of Triangle Co., Ltd. could no longer be anticipated, the unamortized goodwill balance of ¥2,478 thousand was recognized as an impairment loss and recorded as an extraordinary loss.」
Expected earnings from an acquired company were not achieved, and an impairment loss on goodwill from a past M&A transaction actually occurred. - 2026-04-28MitigatedEarnings presentation materials
「のれん負担が過大となるような投資は避け、収益性のある案件を合理的な価格で取得することを重視しております。」
高値取得や過大なのれん負担を避け、収益性と取得価格を重視する投資方針が示された。 - FY2025First statedAnnual report
「If, due to unforeseen factors, the company or business acquired through M&A cannot be successfully turned around and the recovery of the investment does not proceed as planned, this could affect operating performance and financial condition.」
The company seeks to mitigate risk through investment policies and due diligence covering labor, procurement, finance, IT and legal matters.