Failure to Achieve Results and Delayed Recovery from Business Alliances and Acquisitions
First written in FY2019. 2 of 5 entries say "Mitigated", first in FY2021. Latest entry: 2026-08-07.
The whole theme swung hardest in 2020: 28 of 83 companies on the "Worse" side.
21 other companies' latest entry also says "Mitigated".
- 2026-08-07MitigatedPresentation materials on financial results
「For M&A, we will consider not only the contribution to growth, as measured by PER, but also the impact on capital efficiency, as measured by ROE.」
The Company indicates that its criteria for evaluating M&A will include capital efficiency in addition to growth. - FY2024RestatedAnnual report
「However, worsening economic conditions or poor performance by a target company or partner could prevent us from achieving the expected business expansion.」
業務提携・企業買収に伴う事業拡大未達、提携解消、投資回収遅延のリスクと、実施前後の検証・評価による対応を継続して記載している。 - FY2022RestatedAnnual report
「実施後も定期的な評価による進捗管理と早期課題解決に努めております。」
業務提携・企業買収に関する成果未達や回収遅延への対応として、実施後の定期評価と早期課題解決を継続している。 - FY2021MitigatedAnnual report
「実施後も定期的な評価による進捗管理と早期課題解決に努めております。」
業務提携・企業買収の成果未達や回収遅延に対し、実施前の検証に加え、実施後の定期評価と早期課題解決を行うとしている。 - FY2019First statedAnnual report
「However, worsening economic conditions or poor performance by a target company or partner could prevent us from achieving the expected business expansion.」
The company identifies the risks that an economic downturn or poor performance by a target or partner could prevent business expansion and delay recovery of the investment.