Opportunities and Integration Risks Associated with Corporate Acquisitions and Business Alliances
First written in FY2022. 2 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 36 of 89 companies on the "Worse" side.
- FY2026RestatedAnnual report
「Our group may conduct acquisitions and business alliances as one means of expanding and growing its business.」
While using acquisitions and business alliances as means of growth, the company continues to face the risks of undetected problems, the burden of integration, changes in the business environment and goodwill impairment. - FY2025RestatedAnnual report
「Our group may conduct acquisitions and business alliances as one means of expanding and growing its business.」
While using acquisitions and business alliances as means of growth, the company continues to disclose the risks of problems not detected during due diligence, the burden of integration, changes in the business environment and goodwill impairment. - FY2022First statedAnnual report
「For acquisitions and business alliances, the company conducts detailed due diligence on the target's management, business operations, financial condition, legal compliance and contractual relationships, examines the risks and makes decisions accordingly. However, the group's business performance and financial position could be affected if problems not detected during due diligence arise, if the post-acquisition integration process requires more concentration of management resources or more time than initially estimated, or if unforeseen changes in the business environment at the time of acquisition or impairment of goodwill and other assets recognized at acquisition become necessary.」
While using M&A and business alliances as means of growth, the company identifies as risks problems not detected during due diligence, the burden of integration, changes in the business environment and goodwill impairment.