Post-M&A performance shortfall and goodwill impairment
First written in FY2022. 2 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2024: 36 of 89 companies on the "Worse" side.
- FY2025RestatedAnnual report
「In addition, as of the date of submission of this document, there are no specifically planned transactions involving acquisitions of companies, capital alliances or similar arrangements.」
The company continues to disclose the risks of failure to meet performance targets and goodwill impairment after M&A, as well as the absence of specific transactions as of the date of submission. - FY2023RestatedAnnual report
「As of the date of submission of this document, there are no specifically planned transactions involving acquisitions of companies, capital alliances or similar arrangements.」
The company continues to disclose the risks of failure to meet performance targets and goodwill impairment after M&A and states that there are no specific transactions at present. - FY2022First statedAnnual report
「However, if events not anticipated during these investigations occur after an M&A transaction, if the business does not progress as planned and fails to deliver the expected contribution to results, or if goodwill or other assets are impaired because performance falls short after implementation, this may affect the financial condition and results of operations of our group.」
In connection with its M&A policy, the company identifies events not anticipated during due diligence, failure to meet performance targets and goodwill impairment as risks.