Execution Risks Related to New Businesses and Acquisitions
First written in FY2016. 6 of 8 entries say "Restated". Latest entry: FY2026.
1 other company's latest entry also says "Restated".
- FY2026RestatedAnnual report
「If these business operations fail to progress smoothly due to unforeseen circumstances, the Group's growth may not be achieved as planned. In addition, the Group may make acquisitions and similar transactions as part of its business strategy, but unforeseen obstacles after an acquisition may require unexpected amounts of time and expense, potentially adversely affecting the Group's business performance and financial position.」
It reaffirms the operating risks associated with major capital investments and the construction and expansion of factories, as well as the risks of obstacles, delays, and higher costs after acquisitions. - 2026-05-13First statedEarnings presentation
「M&A is also an option as a growth strategy.」
The company has explicitly identified M&A as an option within its growth strategy. - FY2022RestatedAnnual report
「If these business operations fail to progress smoothly due to unforeseen circumstances, the Group's growth may not be achieved as planned. In addition, the Group may make acquisitions and similar transactions as part of its business strategy, but unforeseen obstacles after an acquisition may require unexpected amounts of time and expense, potentially adversely affecting the Group's business performance and financial position.」
It reaffirms the operating risks associated with major capital investments and the construction and expansion of factories, as well as the risks of obstacles, delays, and higher costs after acquisitions. - FY2021RestatedAnnual report
「If these business operations fail to progress smoothly due to unforeseen circumstances, the Group's growth may not be achieved as planned. In addition, the Group may make acquisitions and similar transactions as part of its business strategy, but unforeseen obstacles after an acquisition may require unexpected amounts of time and expense, potentially adversely affecting the Group's business performance and financial position.」
It reaffirms the operating risks associated with major capital investments and the construction and expansion of factories, as well as the risks of obstacles, delays, and higher costs after acquisitions. - FY2019RestatedAnnual report
「If these business operations fail to progress smoothly due to unforeseen circumstances, the Group's growth may not be achieved as planned. In addition, the Group may make acquisitions and similar transactions as part of its business strategy, but unforeseen obstacles after an acquisition may require unexpected amounts of time and expense, potentially adversely affecting the Group's business performance and financial position.」
It reaffirms the operating risks associated with major capital investments and the construction and expansion of factories, as well as the risks of obstacles, delays, and higher costs after acquisitions. - FY2018RestatedAnnual report
「If these business operations fail to progress smoothly due to unforeseen circumstances, the Group's growth may not be achieved as planned. In addition, the Group may make acquisitions and similar transactions as part of its business strategy, but unforeseen obstacles after an acquisition may require unexpected amounts of time and expense, potentially adversely affecting the Group's business performance and financial position.」
It reaffirms the operating risks associated with major capital investments and the construction and expansion of factories, as well as the risks of obstacles, delays, and higher costs after acquisitions. - FY2017RestatedAnnual report
「If these business operations do not progress smoothly because of unforeseen circumstances, our group's growth may not be achieved as planned. We may also make acquisitions as part of our business strategy, but unforeseen obstacles after an acquisition may require unexpected time and expense」
It reaffirms the operating risks associated with ¥20 billion in capital investment and the construction and expansion of factories worldwide, as well as the risks of obstacles, delays, and higher costs after acquisitions. - FY2016First statedAnnual report
「If these business operations do not progress smoothly because of unforeseen circumstances, our group's growth may not be achieved as planned. We may also make acquisitions as part of our business strategy, but unforeseen obstacles after an acquisition may require unexpected time and expense」
Identifies the risks that newly established or expanded factories may not operate as planned and that post-acquisition obstacles may increase the time and costs required.