Risk of Acquired-Company Underperformance and Impairment Losses on Shares in Affiliated Companies
First written in FY2024-Q1. 2 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2024: 36 of 89 companies on the "Worse" side.
- FY2025ReframedAnnual report
「To develop the technologies and acquire the markets that we consider necessary for future corporate growth, our group will continue to expand through acquisitions, the establishment of new companies, and business alliances involving investments. Although we will conduct thorough preliminary investigations and reviews of these initiatives, if the businesses do not progress as planned, they may affect our group's operating results.」
The scope of the risk expanded from acquired businesses underperforming and impairment losses on shares of affiliates to the broader risk of failing to achieve plans for group expansion, including acquisitions, the establishment of new companies, and investment alliances. - FY2024RestatedAnnual report
「If the performance of an acquired company falls below expectations at the time of acquisition, or if it is determined that the expected results cannot be achieved due to changes in the business environment, competitive conditions or other factors, an impairment loss on shares of affiliates may arise and affect the company's results.」
The company continues to disclose the risks associated with acquisitions, including acquired businesses underperforming, failing to deliver expected results, and impairment losses on shares of affiliates. - FY2024-Q2RestatedAnnual report
「If the performance of an acquired company falls below expectations at the time of acquisition, or if it is determined that the expected results cannot be achieved due to changes in the business environment, competitive conditions or other factors, an impairment loss on shares of affiliates may arise and affect the company's results.」
The company continues to disclose the risk of impairment losses on shares of affiliates arising from acquired businesses underperforming or failing to deliver expected results due to the business environment or competitive conditions. - FY2024-Q1First statedAnnual report
「If the performance of an acquired company falls below expectations at the time of acquisition, or if it is determined that the expected results cannot be achieved due to changes in the business environment, competitive conditions or other factors, an impairment loss on shares of affiliates may arise and affect the company's results.」
The company newly disclosed the risk of impairment losses on shares of affiliates arising from acquired businesses underperforming or failing to deliver expected results due to the business environment or competitive conditions as acquisitions expand.