Komori
Ck San-Etsu (5757) · RiskRestated

Risk of failing to achieve the expected benefits from M&A and business alliances

First written in FY2016. 22 of 24 entries say "Restated". Latest entry: FY2026-H1.

24entries
10years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2020-Q3RestatedFY2021-Q1 – FY2026-H12016: 320162017: 320172018: 420182019: 220192020: 320202021: 220212022: 220222023: 420232024: 020242025: 12025
Same theme, other companies
Risk of underperformance and integration failure in M&A and business restructuringA theme 111 companies write about · 113 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2025: 11 of 40 companies on the "Worse" side.

50 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 111 companies compared. The sentences above are computed from all 111.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1RestatedAnnual report

    「During the interim consolidated accounting period, there were no new business or other risks, nor any significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    There have been no new developments or material changes regarding the risk of failing to achieve the expected benefits from M&A and business alliances.
  2. FY2024-Q2RestatedAnnual report

    「During the first six months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」

    There have been no new developments or material changes regarding the risk of failing to achieve the expected benefits from M&A and business alliances.
  3. FY2024-Q1RestatedAnnual report

    「During the cumulative first quarter under review, 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 is stated that there have been no new developments or material changes regarding the risk of failing to achieve the expected benefits from M&A and business alliances.
  4. FY2023RestatedAnnual report

    「In the past, the Group has effectively used M&A and business alliances to expand and strengthen its business base. Going forward, it plans to consider M&A and business alliances as one effective means of accelerating the expansion of the Group's business.」

    The Group cites M&A and business alliances as means of expanding its business base in the past, while reiterating its policy of continuing to use them and the risk of failing to achieve the expected benefits.
  5. FY2023-Q3RestatedAnnual report

    「During the cumulative third quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    There have been no new developments or material changes regarding the risk of failing to achieve the expected benefits from M&A and business alliances.
  6. FY2023-Q2RestatedAnnual report

    「During the first six months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」

    There have been no new developments or material changes regarding the risk of failing to achieve the expected benefits from M&A and business alliances.
  7. FY2022-Q3RestatedAnnual report

    「During the cumulative third quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    It is comprehensively stated that there have been no new developments or material changes regarding the risk of failing to achieve the expected benefits from M&A and business alliances.
  8. FY2021RestatedAnnual report

    「In the past, the Group has effectively used M&A and business alliances to expand and strengthen its business base. Going forward, it plans to consider M&A and business alliances as one effective means of accelerating the expansion of the Group's business. When carrying out M&A and business alliances, we will continue to gather and examine sufficient information, but unforeseen economic conditions, changes in the business environment and other factors, including the effects of the COVID-19 pandemic, may prevent us from achieving the results originally intended.」

    The Group continues to use M&A and business alliances as a means of expanding its business, while reiterating the risk of failing to achieve the expected benefits because of the COVID-19 pandemic and other factors.
  9. FY2021-Q3RestatedAnnual report

    「During the cumulative third quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    It is stated that there have been no new developments or material changes regarding the risk of failing to achieve the expected benefits from M&A and business alliances.
  10. FY2021-Q1RestatedAnnual report

    「During the cumulative first quarter under review, 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 is stated that there have been no new developments or material changes regarding the risk of failing to achieve the expected benefits from M&A and business alliances.
  11. FY2020WorsenedAnnual report

    「When carrying out M&A and business alliances, we will continue to gather and examine sufficient information, but unforeseen economic conditions, changes in the business environment and other factors, including the effects of the COVID-19 pandemic, may prevent us from achieving the results originally intended.」

    The effects of the COVID-19 pandemic were explicitly identified as an additional factor in the risk of failing to achieve the expected benefits from M&A and business alliances.
  12. FY2020-Q3RestatedAnnual report

    「During the cumulative third quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the preceding fiscal year.」

    There have been no new developments or material changes regarding the risk of failing to achieve the expected benefits from M&A and business alliances.
  13. FY2020-Q2RestatedAnnual report

    「During the first six months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」

    There have been no new developments or material changes regarding the risk of failing to achieve the expected benefits from M&A and business alliances.
  14. FY2019-Q3RestatedAnnual report

    「During the cumulative third quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the preceding fiscal year.」

    There have been no new developments or material changes regarding the risk of failing to achieve the expected benefits from M&A and business alliances.
  15. FY2019-Q2RestatedAnnual report

    「During the first six months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」

    There have been no new developments or material changes regarding the risk of failing to achieve the expected benefits from M&A and business alliances.
  16. FY2019-Q1RestatedAnnual report

    「During the cumulative first quarter under review, 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.」

    There have been no new developments or material changes regarding the risk of failing to achieve the expected benefits from M&A and business alliances.
  17. FY2018RestatedAnnual report

    「In the past, the Group has effectively used M&A and business alliances to expand and strengthen its business base. Going forward, it plans to consider M&A and business alliances as one effective means of accelerating the expansion of the Group's business. When carrying out M&A and business alliances, we will continue to gather and examine sufficient information, but unforeseen economic conditions, changes in the business environment and other factors may prevent us from achieving the results originally intended.」

    The Group cites M&A and alliances as means of expanding and strengthening its business base in the past, while reiterating its policy of continuing to use them and the risk of failing to achieve the expected benefits.
  18. FY2018-Q3RestatedAnnual report

    「During the cumulative third quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    There have been no new developments or material changes regarding the risk of failing to achieve the expected benefits from M&A and business alliances.
  19. FY2018-Q2RestatedAnnual report

    「During the first six months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」

    There have been no new developments or material changes regarding the risk of failing to achieve the expected benefits from M&A and business alliances.
  20. FY2017RestatedAnnual report

    「In the past, the Group has effectively used M&A and business alliances to expand and strengthen its business base. Going forward, it plans to consider M&A and business alliances as one effective means of accelerating the expansion of the Group's business. When carrying out M&A and business alliances, we will continue to gather and examine sufficient information, but unforeseen economic conditions, changes in the business environment and other factors may prevent us from achieving the results originally intended.」

    The Group cites M&A and alliances as means of expanding and strengthening its business base in the past, while reiterating its policy of continuing to use them and the risk of failing to achieve the expected benefits.
  21. FY2017-Q3RestatedAnnual report

    「During the cumulative third quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    There have been no new developments or material changes regarding the risk of failing to achieve the expected benefits from M&A and business alliances.
  22. FY2017-Q2RestatedAnnual report

    「During the first six months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」

    There have been no new developments or material changes regarding the risk of failing to achieve the expected benefits from M&A and business alliances.
  23. FY2017-Q1RestatedAnnual report

    「During the cumulative first quarter under review, 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.」

    There have been no new developments or material changes regarding the risk of failing to achieve the expected benefits from M&A and business alliances.
  24. FY2016First statedAnnual report

    「When carrying out M&A and business alliances, we will continue to gather and examine sufficient information, but unforeseen economic conditions, changes in the business environment and other factors may prevent us from achieving the results originally intended.」

    While using M&A and alliances as means of achieving growth, the Group identifies the risk of failing to achieve the expected benefits because of economic conditions and changes in the business environment.
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Ck San-Etsu's next results are scheduled for 2026-11-13. Read the earnings preview
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