Risk of M&A and Capital Alliances Failing to Deliver Expected Benefits
First written in FY2023. 2 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2018: 13 of 78 companies on the "Worse" side.
99 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「There is no guarantee that these M&A transactions and capital alliances will progress as originally planned. If changes in the management or business environment prevent the expected benefits from being realized and strategic objectives from being achieved, the Group’s performance may be affected.」
The Company continues to disclose the risks of delays and failure to achieve expected benefits from M&A and capital alliances, and its policy of addressing them through due diligence. - FY2024RestatedAnnual report
「There is no guarantee that these M&A transactions and capital alliances will progress as originally planned. If changes in the management or business environment prevent the expected benefits from being realized and strategic objectives from being achieved, the Group’s performance may be affected.」
The Company continues to disclose the risks of delays and failure to achieve expected benefits from M&A, together with due diligence as a mitigation measure. - FY2023First statedAnnual report
「There is no guarantee that these M&A transactions and capital alliances will progress as originally planned. If changes in the management or business environment prevent the expected benefits from being realized and strategic objectives from being achieved, the Group’s performance may be affected.」
The Company discloses the possibility of delays or failure to achieve expected benefits while using M&A as a growth strategy.