Unexpected Costs and Failure to Achieve Expected Benefits from Acquisitions and Integration
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2018.
The whole theme swung hardest in 2017: 1 of 10 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- FY2018RestatedAnnual report
「There is a possibility that securing growth opportunities, improving the financial position, integrating various systems and other objectives may not be realized or achieved within the anticipated period. There is also a possibility that unexpected problems may arise, including unforeseen costs and additional burdens.」
The company continues to identify the risks of failure to realize expected benefits, delays in integration and unforeseen costs associated with acquisitions, business integration and business restructuring. - FY2017RestatedAnnual report
「There is a possibility that securing growth opportunities, improving the financial position, integrating various systems and other objectives may not be realized or achieved within the anticipated period. There is also a possibility that unexpected problems may arise, including unforeseen costs and additional burdens.」
The company continues to identify the risks of failure to realize expected benefits, delays in integration and unforeseen costs associated with acquisitions, business integration and business restructuring. - FY2016First statedAnnual report
「There is a possibility that securing growth opportunities, improving the financial position, integrating various systems and other objectives may not be realized or achieved within the anticipated period.」
While using M&A and business restructuring to drive growth and strengthen competitiveness, the company identifies failure to realize integration benefits as a risk.