Execution Risks of Establishing New Companies, M&A, and Capital and Business Alliances
First written in FY2018. 2 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 28 of 84 companies on the "Worse" side.
88 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「To address demand in the expanding cloud market and expand its business domains, the Group positions the establishment of new companies, M&A and capital and business alliances as effective means of achieving these objectives.」
Reiterates the policy of using the establishment of new companies, M&A and capital and business alliances to expand its business domains, together with the risks involved in executing them. - FY2019RestatedAnnual report
「To address needs in the expanding cloud market and enhance corporate value, the Group positions the establishment of new companies, M&A and capital and business alliances as effective means of achieving these objectives.」
Reiterates the policy of using the establishment of new companies, M&A and capital and business alliances as growth strategies, together with the risks associated with executing them. - FY2018First statedAnnual report
「If problems that could not be identified even through prior investigations arise, such as contingent liabilities at the target company or the discovery of previously unrecognized liabilities, or if business development does not proceed as planned, the Group's financial condition and operating results may be affected, including because it may become difficult to recover the invested capital.」
Positions the establishment of new companies, M&A and capital and business alliances as growth strategies, while identifying difficulty recovering invested capital due to unrecognized liabilities or failure to meet plans as risks.