Risks related to the operation of acquired businesses and progress of future acquisition plans
First written in FY2024. 2 of 3 entries say "Materialised", first in FY2025. Latest entry: 2026-05-08.
Yrglm moved to the "Worse" side of this theme in 2025, 1 year after 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".
- 2026-05-08MaterialisedEarnings presentation
「Profit was affected by negative effects from M&A.」
The negative first-year effects of starting Silver Egg's consolidation, including amortization of goodwill and M&A expenses, were reflected in first-half results and the full-year outlook. - FY2025MaterialisedAnnual report
「We acquired shares of ルビー・グループ㈱ in September 2024 and made it a consolidated subsidiary. However, the possibility of cancellations by some major customers in ルビー・グループ㈱'s EC operations management business increased uncertainty over the acquisition of future cash flows. As a result of revising its previous business plan to a more conservative plan, the company recognized the full ¥216.845 million balance of tangible fixed assets and intangible fixed assets, including goodwill, related to ルビー・グループ㈱ as an impairment loss.」
The operating risk of the acquired business materialized in the form of possible cancellations by major customers of ルビー・グループ and an impairment loss of ¥216.845 million on fixed assets and goodwill. - FY2024First statedAnnual report
「Our group positions M&A as one of its important options for expanding its business. However, changes in the market environment and other factors may prevent the operation of acquired businesses or future acquisitions from progressing as planned, which could affect our group's business and operating results.」
While positioning M&A as an important means of business expansion, newly disclosed the risk that post-acquisition business operations and future acquisitions may not progress as planned.