Due Diligence Omissions and Deficiencies in Capital and Business Alliances
First written in FY2016. 4 of 5 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2020: 28 of 84 companies on the "Worse" side.
88 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The Company is actively pursuing capital and business alliances involving businesses expected to generate synergies with its existing operations. In this process, it carefully considers the feasibility of each alliance after taking the opinions of specialists, including attorneys, certified public accountants, tax accountants and social insurance and labor consultants, and consulting with the relevant departments. However, if deficiencies in an alliance cannot be identified despite such careful investigation and consideration, this could affect the Group.」
While conducting investigation and consideration involving specialists, the Company continues to identify as a risk the possibility that deficiencies at an alliance partner may not be discovered. - FY2021RestatedAnnual report
「The Company is actively pursuing capital and business alliances involving businesses expected to generate synergies with its existing operations. In this process, it carefully considers the feasibility of each alliance after taking the opinions of specialists, including attorneys, certified public accountants, tax accountants and social insurance and labor consultants, and consulting with the relevant departments. However, if deficiencies in an alliance cannot be identified despite such careful investigation and consideration, this could affect the Group.」
While conducting investigation and consideration involving specialists, the Company continues to identify as a risk the possibility that deficiencies at an alliance partner may not be discovered. - FY2019RestatedAnnual report
「The Company is actively pursuing capital and business alliances involving businesses expected to generate synergies with its existing operations. In this process, it carefully considers the feasibility of each alliance after taking the opinions of specialists, including attorneys, certified public accountants, tax accountants and social insurance and labor consultants, and consulting with the relevant departments. However, if deficiencies in an alliance cannot be identified despite such careful investigation and consideration, this could affect the Group.」
While conducting investigation and consideration involving specialists, the Company continues to identify as a risk the possibility that deficiencies at an alliance partner may not be discovered. - FY2017RestatedAnnual report
「The Company is actively pursuing capital and business alliances involving businesses expected to generate synergies with its existing operations. In this process, it carefully considers the feasibility of each alliance after taking the opinions of specialists, including attorneys, certified public accountants, tax accountants and social insurance and labor consultants, and consulting with the relevant departments. However, if deficiencies in an alliance cannot be identified despite such careful investigation and consideration, this could affect the Group.」
While conducting investigation and consideration involving specialists for capital and business alliances, the Company continues to identify as a risk the possibility that deficiencies may not be discovered. - FY2016First statedAnnual report
「The Company is actively pursuing capital and business alliances involving businesses expected to generate synergies with its existing operations. In this process, it carefully considers the feasibility of each alliance after taking the opinions of specialists, including attorneys, certified public accountants, tax accountants and social insurance and labor consultants, and consulting with the relevant departments. However, if deficiencies in an alliance cannot be identified despite such careful investigation and consideration, this could affect the Group.」
The Company identifies as a risk the possibility that deficiencies at an alliance partner may not be discovered despite investigation and consideration involving specialists.