Risk of failing to achieve the expected business expansion benefits of M&A
First written in FY2023. 1 of 2 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2018: 13 of 78 companies on the "Worse" side.
99 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「As part of its growth strategy, the Group is pursuing business expansion through M&A. The Group aims to enhance enterprise value by generating synergies with existing businesses and optimizing its business portfolio. However, a deterioration in market conditions or failure to achieve the expected returns or benefits may affect the Group's operating results and financial position.」
While pursuing M&A as a growth strategy, the company continues to disclose the risk that deteriorating market conditions or failure to achieve expected returns or benefits may affect its operating results and financial position. - FY2023First statedAnnual report
「As part of its growth strategy, the Group is pursuing business expansion through M&A. The Group aims to enhance enterprise value by generating synergies with existing businesses and optimizing its business portfolio. However, a deterioration in market conditions or failure to achieve the expected returns or benefits may affect the Group's operating results and financial position.」
While pursuing M&A as a growth strategy, the company has for the first time disclosed as a standalone item the risk that deteriorating market conditions or failure to achieve expected returns or benefits may affect its operating results and financial position.