Failure to Achieve Expected Synergies from Alliances and Acquisitions
First written in FY2017. 3 of 4 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2025: 9 of 30 companies on the "Worse" side.
36 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「If the synergies initially anticipated from a business alliance or acquisition cannot be achieved, the Group's operating results could be affected, including through pressure on profit margins.」
The risk of failing to achieve anticipated synergies from business alliances and acquisitions continues to be disclosed. - FY2019RestatedAnnual report
「If the synergies initially anticipated from a business alliance or acquisition cannot be achieved, the Group's operating results could be affected, including through pressure on profit margins.」
The risk that failure to achieve synergies from business alliances and acquisitions will pressure profit margins continues to be disclosed. - FY2018RestatedAnnual report
「If the synergies initially expected from a business alliance or acquisition are not achieved, the Group’s business performance could be affected, including through pressure on profit margins.」
The risk of failing to achieve anticipated synergies from business alliances and acquisitions continues. - FY2017First statedAnnual report
「If the synergies initially expected from a business alliance or acquisition are not achieved, the Group’s business performance could be affected, including through pressure on profit margins.」
With respect to alliances and acquisitions to secure growth and profitability, the risk that failure to achieve anticipated synergies will pressure profit margins is identified.