Risk of failing to realize expected profits and synergies following an acquisition
First written in FY2020. 2 of 4 entries say "Raised", first in FY2021. Latest entry: FY2026.
The whole theme swung hardest in 2018: 13 of 78 companies on the "Worse" side.
1 other company's latest entry also says "Raised".
- FY2026RaisedAnnual report
「The Group may make investments, including acquisitions and capital participation, to strengthen and reinforce its AI business, HT business, metaverse business and AI/MV Marketing business.」
The scope of acquisitions and capital participation has expanded from 3 businesses, AI, HT and metaverse, to 4 businesses including AI/MV Marketing. - FY2024ReframedAnnual report
「The Group may make investments, including acquisitions and capital participation, to strengthen and reinforce its AI business, HT business and metaverse business.」
The scope of acquisitions and capital participation has been reorganised from the former MT, HT and GU businesses into the current business categories of AI, HT and metaverse. - FY2021RaisedAnnual report
「The Group may make investments, including acquisitions and capital participation, to strengthen and reinforce its MT business, HT business and GU business.」
The scope of acquisitions and capital participation expanded from the former MT business, HT business and crowdsourcing business to include the GU business. - FY2020First statedAnnual report
「The Group may make investments, including acquisitions and capital participation, to strengthen and reinforce its MT business, HT business and crowdsourcing business. Before making such investments, the Group conducts sufficient research and reviews of their profitability and potential for recovery of the investment. However, if it is unable to secure the expected earnings or synergies due to a sudden change in the business environment or an unforeseen event after an acquisition or investment, this may affect the Group's operating performance and financial position.」
While using acquisitions and capital participation as means of strengthening its businesses, the Group discloses the potential impact on operating performance and financial position if the expected earnings or synergies cannot be secured after an acquisition.