Risk of failing to realize M&A benefits and impairment of goodwill
First written in FY2022. 2 of 2 entries say "Materialised", first in FY2022. Latest entry: FY2023-Q2.
Grandes moved to the "Worse" side of this theme in 2023, 1 year before the typical company in this theme (2024).
The whole theme swung hardest in 2024: 36 of 89 companies on the "Worse" side.
44 other companies' latest entry also says "Materialised".
- FY2023-Q2MaterialisedAnnual report
「当社は、福岡エリアにおいて投資用不動産の企画・開発・販売を展開することにより、Dipro社とのシナジーを発揮できることを想定しておりましたが、土地価格の上昇や建築費の高騰の影響等により、想定の結果には至っておりません。」
Dipro社との想定されたシナジーが実現せず、土地価格・建築費の上昇も踏まえて株式譲渡に至ったと記載されている。 - FY2022MaterialisedAnnual report
「If the initially anticipated synergies or business expansion benefits are not realized, or if an impairment loss on goodwill arises because the M&A target performs poorly, the group's results of operations and financial position may be affected. An impairment loss of ¥39,241 thousand on goodwill associated with the acquisition of Morizo株式会社 as a consolidated subsidiary was also recognized.」
The company newly disclosed the risk of unrealized M&A synergies and impairment losses due to poor target-company performance, and actually recognized a ¥39,241 thousand goodwill impairment loss related to Morizo株式会社.