Risk of Failure to Achieve Results and Goodwill Impairment Following an Acquisition
First written in FY2023. 1 of 2 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2024: 36 of 89 companies on the "Worse" side.
60 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Before undertaking an acquisition, the Group conducts sufficient investigations and examinations. However, unexpected circumstances, such as changes in the business environment after the acquisition, may arise and prevent results from developing as planned, which could affect the operating results and financial condition of the Group.」
The risks of failure to meet plans after acquisitions and failure to achieve results related to acquisitions continue to be disclosed. - FY2023First statedAnnual report
「Unexpected circumstances, such as changes in the business environment after an acquisition, may arise and prevent results from developing as planned, which could affect the operating results and financial condition of the Group. If the expected results cannot be achieved due to changes in the business environment, competitive conditions or other factors, the Group may be required to recognize impairment losses, which could affect its operating results and financial condition.」
Failure to meet plans after acquisitions and goodwill impairment if the expected results are not achieved are disclosed as an integrated risk.