Failure to meet plans after acquisitions and strategic alliances
First written in FY2023. 3 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 11 of 40 companies on the "Worse" side.
50 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「As part of its business strategy, the Group may enter into strategic alliances, including corporate acquisitions and capital alliances, in order to expand its existing business base or enter new businesses.」
The possibility of corporate acquisitions and strategic alliances, and the risk of failing to meet plans after implementation, continue. - FY2025RestatedAnnual report
「As part of its business strategy, the Group may enter into strategic alliances, including corporate acquisitions and capital alliances, in order to expand its existing business base or enter new businesses.」
The possibility of corporate acquisitions and strategic alliances, and the risk of failing to meet plans after implementation, continue. - FY2024RestatedAnnual report
「As part of its business strategy, the Group may enter into strategic alliances, including corporate acquisitions and capital alliances, in order to expand its existing business base or enter new businesses.」
The possibility of corporate acquisitions and strategic alliances, and the risk of failing to meet plans after implementation, continue. - FY2023First statedAnnual report
「There may be cases in which contingent liabilities arise or previously unrecognised liabilities are identified after an acquisition or alliance. In addition, if the business plan after an acquisition or alliance does not progress as initially planned, this could affect the Group's financial position and operating results.」
While indicating the possibility of corporate acquisitions and capital alliances, the disclosure identifies uncertainty after an acquisition or alliance as a risk.