Uncertainty Regarding Post-Acquisition Integration, Monetization and Key Personnel Retention
First written in FY2016. 13 of 22 entries say "Worsened", first in FY2020. Latest entry: 2026-09-30.
The whole theme swung hardest in 2024: 36 of 89 companies on the "Worse" side.
- 2026-09-30MaterialisedOccurring Fact
「Following a review of the future recoverability of certain assets, including goodwill, the company recognized impairment losses of ¥1,935 million in the SPMS segment (HDD motors and other small motors), ¥18,387 million in the AMEC segment (automotive products), ¥298,800 million in the ACIM segment (appliance, commercial and industrial products), ¥116,287 million in the MOEN segment (appliance, commercial and industrial products), ¥7,027 million in the Machinery Business Headquarters segment (equipment and machine tools), and ¥189,699 million in the Group Companies segment, for a total of ¥632,135 million.」
The risk of monetizing assets after the acquisition and impairment risk have emerged as actual massive impairment losses following a review of the recoverability of assets, including goodwill. - FY2026MaterialisedAnnual report
「During the fiscal year, impairment losses on non-financial assets of ¥298.800 billion were recognised in the ACIM segment, and impairment losses on non-financial assets of ¥189.699 billion were recognised in the Group Companies Business segment.」
Post-acquisition monetisation and impairment risks associated with goodwill and other assets materialised, and the goodwill balance decreased from ¥355.694 billion at the end of the previous fiscal year to ¥170.238 billion. - 2026-09-04WorsenedOccurring Fact
「In addition, the company had not sufficiently identified, assessed and monitored quality risks in each business, nor adequately managed the transition accompanying business succession and production transfers.」
This indicates that the integration of quality-assurance processes after acquisitions and reverification during business succession and production transfers were insufficient, allowing previously inappropriate practices to be carried over to the transferee. - FY2026-H1WorsenedAnnual report
「Interim-period-end balance Goodwill 418,240」
The goodwill balance increased from ¥405.776 billion at the end of the previous fiscal year to ¥418.240 billion, expanding the balance exposed to post-acquisition monetisation and impairment risks. - FY2025WorsenedAnnual report
「The changes in the acquisition cost, accumulated amortisation and accumulated impairment losses of goodwill and intangible assets, as well as their carrying amounts, are as follows.」
The goodwill balance increased from ¥394.540 billion at the end of the previous fiscal year to ¥407.067 billion, expanding the balance exposed to post-acquisition monetisation and impairment risks. - FY2024WorsenedAnnual report
「The changes in the acquisition cost, accumulated amortisation and accumulated impairment losses of goodwill and intangible assets, as well as their carrying amounts, are as follows.」
The goodwill balance increased from ¥362.388 billion at the end of the previous fiscal year to ¥396.143 billion, expanding the balance exposed to post-acquisition monetisation and impairment risks. - FY2024-Q3WorsenedAnnual report
「Quarter-end balance Goodwill 379,874」
The goodwill balance increased from ¥363.139 billion at the end of the previous fiscal year to ¥379.874 billion. Acquisitions through business combinations of ¥2.682 billion and foreign currency translation adjustments and other factors of ¥14.053 billion were recognised, expanding the balance exposed to post-acquisition monetisation and impairment risks. - FY2024-Q2WorsenedAnnual report
「Opening balance Goodwill 363,678 Acquisitions through business combinations 3,194 Sales or disposals － Foreign currency translation adjustments and other 25,373 Quarter-end balance Goodwill 392,245」
The goodwill balance increased from ¥363.678 billion at the end of the previous fiscal year to ¥392.245 billion. Acquisitions through business combinations and foreign currency translation adjustments and other factors expanded the balance exposed to post-acquisition monetisation and impairment risks. - FY2024-Q1WorsenedAnnual report
「Opening balance Goodwill 363,678 Acquisitions through business combinations － Sales or disposals － Foreign currency translation adjustments and other 18,669 Quarter-end balance Goodwill 382,347」
With no acquisitions through business combinations, the goodwill balance increased from ¥363.678 billion to ¥382.347 billion due to foreign currency translation adjustments and other factors, expanding the balance exposed to post-acquisition monetisation and impairment risks. - FY2023WorsenedAnnual report
「NIDEC has also recognised substantial goodwill and intangible assets acquired through acquisitions. As of the end of the fiscal year, goodwill and intangible assets stood at ¥363.5 billion and ¥221.7 billion, respectively.」
The balances of goodwill and intangible assets related to post-acquisition monetisation and impairment risks were updated. - FY2023-Q3Goodwill Balance UpdatedAnnual report
「Opening balance Goodwill 339,904 Acquisitions through business combinations － Sales or disposals － Foreign currency translation adjustments and other 15,032 Quarter-end balance Goodwill 354,936」
With no acquisitions through business combinations, the goodwill balance increased from ¥339.904 billion at the end of the previous fiscal year to ¥354.936 billion due to foreign currency translation adjustments and other factors. - FY2023-Q2WorsenedAnnual report
「Opening balance Goodwill 339,904 Acquisitions through business combinations － Sales or disposals － Foreign currency translation adjustments and other 32,835 Quarter-end balance Goodwill 372,739」
The goodwill balance increased from ¥339.904 billion at the end of the previous fiscal year to ¥372.739 billion, mainly due to foreign currency translation adjustments and other factors, expanding exposure to post-acquisition monetisation and impairment risks. - FY2023-Q1WorsenedAnnual report
「Changes in goodwill are as follows.……Opening balance Goodwill 339,904 Acquisitions through business combinations － Sales or disposals － Foreign currency translation adjustments and other 23,523 Quarter-end balance Goodwill 363,427」
The goodwill balance increased from ¥339.904 billion at the end of the previous fiscal year to ¥363.427 billion, mainly due to foreign currency translation adjustments and other factors, expanding exposure to post-acquisition monetisation and impairment risks. - FY2022WorsenedAnnual report
「NIDEC has also recognised substantial goodwill and intangible assets acquired through acquisitions. As of the end of the fiscal year, goodwill and intangible assets stood at ¥339.9 billion and ¥214.5 billion, respectively.」
The goodwill balance increased from ¥319.926 billion at the end of the previous fiscal year to ¥339.904 billion, while intangible assets increased from approximately ¥195.4 billion to ¥214.498 billion, expanding exposure to impairment risks. - FY2022-Q3Goodwill increased due to foreign exchange movements and other factors.Annual report
「Opening balance Goodwill 319,926 Acquisitions through business combinations － Sales or disposals － Foreign currency translation adjustments and other 6,837 Quarter-end balance Goodwill 326,763」
With no acquisitions through business combinations, the goodwill balance increased from ¥319.926 billion at the end of the previous fiscal year to ¥326.763 billion due to foreign currency translation adjustments and other factors. - FY2022-Q2Goodwill increased due to foreign exchange movements and other factors.Annual report
「Acquisitions through business combinations － Sales or disposals － Foreign currency translation adjustments and other 1,911 Quarter-end balance Goodwill 321,837」
The goodwill balance increased by ¥1.911 billion, from ¥319.926 billion at the end of the previous fiscal year to ¥321.837 billion. The increase this quarter was due to foreign currency translation adjustments and other factors, not business combinations. - FY2022-Q1Goodwill increased slightly due to foreign exchange movements and other factors.Annual report
「Opening balance Goodwill 319,926 Acquisitions through business combinations － Sales or disposals － Foreign currency translation adjustments and other 734 Quarter-end balance Goodwill 320,660」
The goodwill balance increased from ¥319.926 billion at the end of the previous fiscal year to ¥320.660 billion, due to foreign currency translation adjustments and other factors, with no acquisitions through business combinations. - FY2021WorsenedAnnual report
「NIDEC has also recognised substantial goodwill and intangible assets acquired through acquisitions. As of the end of the fiscal year, goodwill and intangible assets stood at ¥320.0 billion and ¥195.6 billion, respectively.」
NIDEC recognised ¥320.0 billion in goodwill and ¥195.6 billion in intangible assets associated with acquisitions, maintaining its exposure to post-acquisition monetisation and impairment risks. - FY2020WorsenedAnnual report
「NIDEC has also recognised substantial goodwill and intangible assets acquired through acquisitions. As of the end of the fiscal year, goodwill and intangible assets stood at ¥356.3 billion and ¥139.3 billion, respectively.」
As acquisitions expanded, NIDEC recognised ¥356.3 billion in goodwill and ¥139.3 billion in intangible assets, increasing its exposure to post-acquisition monetisation and impairment risks. - FY2018RestatedAnnual report
「Efficient integration of acquired businesses is important to the success of acquisitions and capital alliances. However, there is no assurance that the acquired businesses will generate earnings as expected by NIDEC.」
It reconfirms uncertainties regarding post-acquisition integration, monetisation, the retention of key personnel and management capabilities. - FY2017RestatedAnnual report
「Efficient integration of acquired businesses is important to the success of acquisitions and capital alliances. However, there is no assurance that the acquired businesses will generate earnings as expected by NIDEC.」
It reconfirms uncertainties regarding post-acquisition integration, monetisation and the retention of key personnel. - FY2016First statedAnnual report
「There is no assurance that the acquired businesses will generate earnings as expected by NIDEC.」
It cites uncertainties including the integration of acquired businesses, customer demand, retention of key personnel, financial management and legal compliance.