M&A and Capital and Business Alliance Execution and Investment Recovery Risks
First written in FY2021. 10 of 15 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 28 of 85 companies on the "Worse" side.
3 other companies' latest entry also says "Other".
- FY2026Review of investments and collaboration partnersAnnual report
「Although certain results have been achieved, including ending the capital relationship with BAAAN and merging サンダークリエイト and ThinkForm by absorption, continued monitoring is still required.」
It states that the capital relationship with BAAAN was terminated and サンダークリエイト and ThinkForm were merged by absorption, while continued monitoring is required for the management of investment and collaboration partners. - FY2026-H1RestatedAnnual report
「During the current interim consolidated accounting period, there were no material changes in the matters concerning business conditions, financial conditions and other items described in this interim report that management recognizes as major risks potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, nor in the “Business and Other Risks” described in the securities report for the previous consolidated fiscal year.」
It states that there have been no material changes in the risks associated with executing M&A and capital and business alliances and recovering the investment. - FY2025-H1RestatedAnnual report
「During the current interim consolidated accounting period, there were no material changes in the matters concerning business conditions, financial conditions and other items described in this interim report that management recognizes as major risks potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, nor in the “Business and Other Risks” described in the securities report for the previous consolidated fiscal year.」
It states that there have been no material changes in the risks associated with executing M&A and capital and business alliances and recovering the investment. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the matters described under “Business and Other Risks” in the annual securities report for the previous consolidated fiscal year.」
It states that there have been no material changes in the risks associated with executing M&A and capital and business alliances and recovering the investment. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the matters described under “Business and Other Risks” in the annual securities report for the previous consolidated fiscal year.」
It states that there have been no material changes in the risks associated with executing M&A and capital and business alliances and recovering the investment. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the matters described under “Business and Other Risks” in the annual securities report for the previous consolidated fiscal year.」
It states that there have been no material changes in the risks associated with executing M&A and capital and business alliances and recovering the investment. - FY2023-Q3RestatedAnnual report
「For a brand of a consolidated subsidiary, because the earnings initially expected could no longer be anticipated, the carrying amount of goodwill arising on the acquisition of the shares or business was reduced to its recoverable amount, and the reduction was recorded as an impairment loss.」
It continues to disclose the fact that an impairment loss of ¥225.391 million was recognized on goodwill because projected earnings were not achieved for brands acquired through M&A or business acquisitions. - FY2023-Q2MaterialisedAnnual report
「For a brand of a consolidated subsidiary, because the earnings initially expected could no longer be anticipated, the carrying amount of goodwill arising on the acquisition of the shares or business was reduced to its recoverable amount, and the reduction was recorded as an impairment loss.」
Projected earnings could no longer be expected for brands acquired through M&A or business acquisitions, and an impairment loss of ¥225.391 million was recognized on goodwill. - FY2023-Q2MaterialisedAnnual report
「Impairment loss 225,391 thousand yen Because the earnings originally projected for a brand of a consolidated subsidiary of the Company could no longer be expected, the carrying amount of goodwill arising on the acquisition of shares or a business was reduced to its recoverable amount, and the decrease was recognized as an impairment loss.」
For brands acquired through M&A or business acquisitions, goodwill was reduced because projected earnings were not achieved, and an impairment loss of ¥225.391 million was recognized. The investment recovery risk has materialized as an actual loss. - FY2023-Q1RestatedAnnual report
「During the cumulative first quarter, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the matters described under “Business and Other Risks” in the annual securities report for the previous consolidated fiscal year.」
It states that there have been no material changes in the risks associated with executing M&A and capital and business alliances and recovering the investment. - FY2022MaterialisedAnnual report
「In addition, because it was determined that achieving the originally projected earnings under the i car live brand would be difficult, goodwill was reduced to zero and an impairment loss of ¥10.992 million was recognized.」
It states that the difficulty of achieving projected earnings for a brand acquired through M&A was identified and that an actual impairment loss of ¥10.992 million was recognized on goodwill. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating performance or cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the business and other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes in the risks associated with executing M&A and capital and business alliances and recovering the investment. - FY2022-Q2RestatedAnnual report
「There have been no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes in the risks associated with executing M&A and capital and business alliances and recovering the investment. - FY2022-Q1RestatedAnnual report
「There have been no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes in the risks associated with executing M&A and capital and business alliances and recovering the investment. - FY2021First statedAnnual report
「If the originally anticipated results cannot be achieved due to changes in the business environment after these investigations, or if capital and business alliances or similar arrangements are terminated or changed, impairment losses may arise on goodwill or investments accounted for using the equity method, which could affect our financial position and operating results.」
Risks relating to M&A and capital and business alliances include changes in the environment after due diligence, failure to achieve expected results, termination or modification of alliances, and impairment losses.