Risk of Failure to Execute Business Plans and Recover Investments in Investment and M&A Activities
First written in FY2017. 5 of 8 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 28 of 83 companies on the "Worse" side.
88 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「However, the possibility cannot be ruled out that previously unrecognised liabilities, such as contingent liabilities arising after an acquisition, may come to light. In addition, in connection with investments and M&A, there are risks that changes in the business environment or competitive conditions could disrupt the execution of the original business plan and affect the group's business development, as well as risks that investments may not be sufficiently recovered.」
Continues to address the risks associated with investments and M&A, including unrecognised liabilities, execution of business plans, investment recovery and overseas investments, together with the response policy based on due diligence. - FY2024MaterialisedAnnual report
「During the consolidated fiscal year, the company recognised an impairment loss of ¥161,481 thousand on investment securities.」
In relation to the investment recovery risk associated with investments and M&A, an actual impairment of ¥161 million on investment securities occurred. - FY2022RestatedAnnual report
「The company recorded an impairment loss of ¥208.979 million on investment securities.」
In relation to the investment recovery risk associated with investments and M&A, an impairment of ¥208 million on the shares of AudioBurst Ltd. was also recognised in the annual financial statements. - FY2022-Q2MaterialisedAnnual report
「Quarterly net profit attributable to owners of the parent declined year on year because the company impaired its shares in AudioBurst Ltd. and recorded an extraordinary loss of ¥208 million.」
In relation to the investment recovery risk associated with investments and M&A, an impairment of the shares of AudioBurst Ltd. actually occurred and ¥208 million was recognised as an extraordinary loss. - FY2020RestatedAnnual report
「Accordingly, when making investments or conducting M&A, the group will seek to avoid risks as far as possible by conducting detailed due diligence on the target company's financial condition, contractual relationships and other matters.」
Continues to address the risks associated with investments and M&A, including execution of business plans, investment recovery, contingent liabilities, country and foreign exchange risks, and the response policy based on due diligence. - FY2019RestatedAnnual report
「Accordingly, when making investments or conducting M&A, the group will seek to avoid risks as far as possible by conducting detailed due diligence on the target company's financial condition, contractual relationships and other matters.」
Continues to describe the risks relating to execution of business plans, investment recovery, contingent liabilities, country and foreign exchange risks, and the response policy based on due diligence. - FY2018RestatedAnnual report
「Accordingly, when making investments or conducting M&A, the group will seek to avoid risks as far as possible by conducting detailed due diligence on the target company's financial condition, contractual relationships and other matters.」
Discloses the risks relating to execution of business plans, investment recovery, contingent liabilities, and country and foreign exchange risks associated with overseas investments, and describes due diligence as a risk-avoidance measure. - FY2017First statedAnnual report
「There are risks that changes in the business environment or competitive conditions could disrupt the execution of the original business plan and affect the group's business development, as well as risks that investments may not be sufficiently recovered.」
Identifies, in connection with investments and M&A for launching new services and expanding globally, primarily in Asia, the risks relating to execution of business plans, investment recovery, contingent liabilities, and country and foreign exchange risks associated with overseas investments.