Post-M&A Integration and Impairment Risks
First written in FY2022. 2 of 3 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
「Our Group regards M&A as one of its important strategies for achieving accelerated growth and strengthening its earnings base. Before making an investment, we conduct sufficient due diligence and work to reduce risks. However, if unforeseen risks emerge after an M&A transaction, or if changes in the market environment and other factors prevent progress as planned, the financial condition and operating results of our Group may be affected, including through the recognition of impairment losses on goodwill.」
While positioning M&A as an important growth strategy, the Company continues to disclose unforeseen post-transaction risks, failure to meet plans and the possibility of goodwill impairment. - FY2023RestatedAnnual report
「Our Group regards M&A as one of its important strategies for achieving accelerated growth and strengthening its earnings base. Before making an investment, we conduct sufficient due diligence and work to reduce risks. However, if unforeseen risks emerge after an M&A transaction, or if changes in the market environment and other factors prevent progress as planned, the financial condition and operating results of our Group may be affected, including through the recognition of impairment losses on goodwill.」
While positioning M&A as an important growth strategy, the Company continues to disclose unforeseen post-transaction risks, failure to meet plans and the possibility of goodwill impairment. - FY2022First statedAnnual report
「Our Group regards M&A as one of its important strategies for achieving accelerated growth and strengthening its earnings base. Before making an investment, we conduct sufficient due diligence and work to reduce risks. However, if unforeseen risks emerge after an M&A transaction, or if changes in the market environment and other factors prevent progress as planned, the financial condition and operating results of our Group may be affected, including through the recognition of impairment losses on goodwill.」
While positioning M&A as an important growth strategy, the Company has disclosed unforeseen post-transaction risks, failure to meet plans and the possibility of goodwill impairment as new risks.