Risk of Strategic Alliances, Investments and Acquisitions Failing to Progress as Planned
First written in FY2019. 2 of 3 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2018: 13 of 78 companies on the "Worse" side.
99 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「The Group may make upfront capital investments, collaborate with other companies, or undertake acquisitions to strengthen corporate competitiveness and improve profitability.」
The company continues to disclose the possibility of upfront capital investment, collaboration with other companies, and acquisitions, as well as the risk of failing to achieve plans after an acquisition. - FY2020RestatedAnnual report
「To strengthen corporate competitiveness and improve profitability, we may make upfront capital investments, collaborate with other companies, or undertake acquisitions.」
The company continues to disclose the possibility of capital investment, collaboration, and acquisitions, as well as the risk of failing to achieve plans after an acquisition. - FY2019First statedAnnual report
「To strengthen corporate competitiveness and improve profitability, the Group may make upfront capital investments, collaborate with other companies, or undertake acquisitions. In particular, although we conduct sufficient reviews of acquisitions from various perspectives, if the business does not progress as planned after an acquisition, this could affect the Group's financial position and business performance.」
While indicating the possibility of capital investment, collaboration, and acquisitions, the company newly identifies as a risk the impact on its financial position and business performance if the business fails to progress as planned after an acquisition.