Failure to Meet the Business Plan After Acquisition and Inability to Recover the Investment
First written in FY2024. 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
「Although acquisitions are examined from various perspectives, particularly in the case of corporate acquisitions, if the business does not progress as planned after the acquisition, this may have a material impact on our group's financial position and performance.」
While pursuing active M&A, the risk that failure to achieve post-acquisition business plans will affect the Group’s financial position and results of operations continues. - FY2025RestatedAnnual report
「Although acquisitions are examined from various perspectives, particularly in the case of corporate acquisitions, if the business does not progress as planned after the acquisition, this may have a material impact on our group's financial position and performance.」
While pursuing active M&A, the company continues to identify the risk that failure to meet the business plan after an acquisition could affect its financial position and performance. - FY2024First statedAnnual report
「Although acquisitions are examined from various perspectives, particularly in the case of corporate acquisitions, if the business does not progress as planned after the acquisition, this may have a material impact on our group's financial position and performance.」
While using active M&A as a means of growth, the company identifies the impact on its financial position and performance if the business does not progress as planned after an acquisition as a risk.