Risk of Failure to Achieve M&A Synergies and Integration Risk
First written in FY2024. 2 of 5 entries say "Restated". Latest entry: 2026-08-14.
The whole theme swung hardest in 2024: 36 of 89 companies on the "Worse" side.
- 2026-08-14MaterialisedEarnings
「The business has not yet achieved stable profit generation and recorded a loss, partly because of the burden of amortization of goodwill.」
Although the acquired subsidiary contributed to sales, it had not yet achieved stable profitability, and profit-related challenges including amortization of goodwill appeared in the results for the interim period. - FY2026-H1MaterialisedAnnual report
「The generative AI business of a subsidiary newly acquired in the previous fiscal year made a significant contribution to sales, but the business has not yet achieved stable profit generation and recorded a loss partly because of the burden of amortization of goodwill.」
The generative-AI business of the subsidiary acquired in the previous fiscal year contributed to revenue growth but had not achieved stable profitability. Goodwill amortization also contributed to the loss, bringing the post-M&A profitability challenge into the reported results. - FY2025RestatedAnnual report
「Problems associated with M&A may emerge if the expected business synergies cannot be achieved for any reason, appropriate controls cannot be implemented during integration, or business development and expansion do not proceed as planned.」
The risk that expected M&A synergies may not be achieved or integration management may be inadequate continued after the acquisition of Automagica. Due diligence and other measures were identified as responses. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new major risks or significant changes to the business risks described in the annual securities report that management recognized as potentially having a material effect on the financial position, operating results, or cash flows of the consolidated companies, among the matters concerning business conditions and financial matters described in this Semiannual Report.」
No material changes were reported in the risk of failing to achieve M&A synergies or integrate acquired businesses. - FY2024First statedAnnual report
「Problems associated with M&A may emerge if the expected business synergies cannot be achieved for any reason, appropriate controls cannot be implemented during integration, or business development and expansion do not proceed as planned.」
The disclosure described the risks that expected synergies may not be achieved after M&A, integration management may be inadequate, or business expansion may not proceed as planned.