Risk of Failure to Meet Plans for Establishing Subsidiaries, Forming Capital Alliances and Making Corporate Acquisitions
First written in FY2016. 4 of 7 entries say "Restated". Latest entry: FY2024.
Zuken moved to the "Worse" side of this theme in 2023, 1 year after the typical company in this theme (2022).
The whole theme swung hardest in 2018: 13 of 79 companies on the "Worse" side.
27 other companies' latest entry also says "Materialised".
- FY2024MaterialisedAnnual report
「This was recognized against receivables from the consolidated subsidiary because its profitability is expected to decline as a result.」
Profitability was expected to decline following the partial transfer of Zuken Ltd.'s product development business, and an allowance for doubtful accounts relating to an affiliated company of ¥1.59915 billion was recognized. The risks of failing to meet plans and increased costs associated with acquisitions and subsidiary operations have materialized. - FY2023MaterialisedAnnual report
「Accordingly, operating income is expected to remain negative, and indications of impairment of goodwill were identified.」
At Zuken Vitec Inc., delays in the sales plan and failure to meet performance targets actually occurred, and an impairment loss of ¥332.369 million, including ¥327.497 million of goodwill, was recognized. - FY2021RestatedAnnual report
「If these measures are undertaken, there is a risk that business performance may not grow as initially planned and that the cost burden may increase. If the business performance and financial position of these companies deteriorate, this may affect the performance of our group.」
The risks of failing to meet plans, higher costs and deterioration at investees in connection with establishing subsidiaries, forming capital alliances and making acquisitions have been reaffirmed. - FY2020RestatedAnnual report
「If these measures are undertaken, there is a risk that business performance may not grow as initially planned and that the cost burden may increase. If the business performance and financial position of these companies deteriorate, this may affect the performance of our group.」
The risks of failing to meet plans, higher costs and deterioration at investees in connection with establishing subsidiaries, forming capital alliances and making acquisitions have been reaffirmed. - FY2018RestatedAnnual report
「If these measures are undertaken, there is a risk that business performance may not grow as initially planned and that the cost burden may increase. If the business performance and financial position of these companies deteriorate, this may affect the performance of our group.」
The risks of failing to meet plans, higher costs and deterioration at investees in connection with establishing subsidiaries, forming capital alliances and making acquisitions have been reaffirmed. - FY2017RestatedAnnual report
「If these measures are undertaken, there is a risk that business performance may not grow as initially planned and that the cost burden may increase. If the business performance and financial position of these companies deteriorate, this may affect the performance of our group.」
The risks of failing to meet plans, higher costs and deterioration at investees in connection with establishing subsidiaries, forming capital alliances and making acquisitions have been reaffirmed. - FY2016First statedAnnual report
「If these measures are undertaken, there is a risk that business performance may not grow as initially planned and that the cost burden may increase.」
The risk of failing to meet performance targets and of higher costs following the establishment of subsidiaries, capital alliances and acquisitions appears for the first time.