Failure to Achieve Expected Returns and Decline in Enterprise Value of Investee Companies
First written in FY2022-Q3. 2 of 3 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2018: 13 of 79 companies on the "Worse" side.
100 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「However, it is difficult to completely avoid the risk that these business investments will fail to generate the expected returns. If the enterprise value of an investee company declines, this may affect the Group's operating results and financial position.」
The risk of business investments, including CVC investments and M&A, failing to achieve expected returns or resulting in a decline in investee company value continues to be disclosed. - FY2022RestatedAnnual report
「However, it is difficult to completely avoid the risk that these business investments will fail to generate the expected returns. If the enterprise value of an investee company declines, this may affect the Group's operating results and financial position.」
The risk of business investments, including CVC investments and M&A, failing to achieve expected returns or resulting in a decline in investee company value continues to be disclosed. - FY2022-Q3First statedAnnual report
「However, it is difficult to completely avoid the risk that these business investments will fail to generate the expected returns. If the enterprise value of an investee company declines, this may affect the Group's operating results and financial position.」
The company has newly disclosed the risk that, for new investments, failure to achieve expected returns or a decline in the value of an investee company may affect its operating results and financial position.