Risk that monetization of M&A, capital and business alliances, and expansion into new business areas falls short of plan
First written in FY2025. 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
「The company expects 創研情報株式会社, acquired as a subsidiary in May 2026, to contribute to the future performance of the group. However, if performance falls below initial expectations due to changes in the business environment or other factors, impairment of goodwill or other events could occur, potentially affecting the group's performance and financial condition.」
The risk of failing to achieve the growth and monetization plan through M&A and the risk of goodwill impairment remain associated with the acquisition of 創研情報 as a subsidiary. - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It has been confirmed that there have been no material changes to the risks of failing to meet earnings and business plan targets for M&A, capital and business alliances, and expansion into new fields. - FY2025First statedAnnual report
「If the Company expands into fields different from its current business areas and fails to monetize those fields, or if monetization or business plans do not progress as planned with counterparties involved in M&A or capital and business alliances, this may affect the Company's operating results and financial position.」
The risks of failing to meet earnings and business plan targets associated with the policy of using M&A and capital and business alliances as means of non-linear growth, in addition to research and development and business expansion, were newly identified separately.