Funding Burden Associated with Corporate Acquisitions and Business Acquisitions
First written in FY2016. 2 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2018: 13 of 78 companies on the "Worse" side.
5 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Of the businesses developed by 片岡製作所, its laser processing systems business is expected to contribute to patterning and slitting using laser technology in our roll-to-roll equipment, the joining of motor cores, wires, and terminals in our motor business, and the creation of new revenue opportunities in our semiconductor-related business, thereby contributing to the future growth and expansion of our group.」
While there is a risk of failing to achieve results from M&A and business transfers, the company acquired 片岡製作所’s laser processing systems business for ¥2,100 million and identified specific synergies with the roll-to-roll, motor, and semiconductor fields. - FY2024AdvancedAnnual report
「The company designs and manufactures dedicated automation machinery and provides a variety of production equipment to the automotive industry, its main market, as well as the food and beverage, medical and cosmetics industries. By making the company a subsidiary, we expect synergies from strengthening our manufacturing capabilities and technology development and expanding sales channels for large-scale production equipment for the automotive components industry, centred on motors, inverters and batteries, as well as further strengthening our global structure by expanding sites in the Tokai region of Japan and North America.」
While there are risks of a funding burden and failure to achieve results associated with acquisitions, the company disclosed specific expected synergies from making アステクノス社 a subsidiary, including large-scale equipment for automotive components, technological development, sales channels, and expanded bases in the Tokai region and North America. - FY2023RestatedAnnual report
「For the purposes of ongoing technological development and expanding its technology fields, our group may make investments, capital contributions, acquisitions, and transfers or acquisitions of businesses, and may establish new companies and other entities to expand into new businesses and markets. However, we may fail to achieve the expected results, resulting in investment losses and other effects that could affect our group’s operating results and financial position.」
It reconfirms the risk of failing to achieve results and incurring investment losses in connection with investments, acquisitions, and new company establishments to expand technology fields and enter new businesses and markets. - FY2020RestatedAnnual report
「For the purposes of ongoing technological development and expanding its technology fields, our group may make investments, capital contributions, acquisitions, and transfers or acquisitions of businesses, and may establish new companies and other entities to expand into new businesses and markets. However, we may fail to achieve the expected results, resulting in investment losses and other effects that could affect our group’s operating results and financial position.」
It reconfirms the risk of losses arising from investments, acquisitions, and other activities to expand technology fields and enter new businesses and markets. - FY2016First statedAnnual report
「To expand its businesses related to winding machines, our group considers acquisitions, business transfers, and other options. In such cases, funding for acquisitions and other related financing could adversely affect our group’s operating results and financial position.」
It identifies acquisitions and business transfers as options for expanding peripheral businesses, and the associated financing as a risk.