Risk of M&A and Business Alliances Failing to Deliver Expected Results
First written in FY2016. 13 of 15 entries say "Restated". Latest entry: FY2026.
Takano moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2018: 13 of 78 companies on the "Worse" side.
28 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「An impairment loss was recognized on the entire unamortized balance of goodwill and intangible assets related to 株式会社ユーキ・トレーディング.」
Due to impairment of the excess earning power anticipated when ユーキ・トレーディング was acquired, an impairment loss of ¥190.985 million was recognized on the entire unamortized balance of goodwill and other assets. The risk of failing to achieve results from the M&A was realized. - FY2023-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
No new developments or material changes were identified regarding the risk of failing to achieve results from M&A and business alliances. - FY2020RestatedAnnual report
「The Group takes a proactive approach to business alliances and M&A, with the aim of acquiring at an early stage the management capabilities that will be required in the future. The Group will conduct careful reviews before proceeding with business alliances and M&A, but there is no guarantee that they will produce the expected results.」
Continued the policy of actively pursuing M&A and business alliances, along with the risks of failing to achieve results and unsuccessful negotiations. - FY2020-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
No new developments or material changes were identified regarding the risk of failing to achieve results from M&A and business alliances. - FY2020-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
No new developments or material changes were identified regarding the risk of failing to achieve results from M&A and business alliances. - FY2019-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
No new developments or material changes were identified regarding the risk of failing to achieve results from M&A and business alliances. - FY2019-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
No new developments or material changes were identified regarding the risk of failing to achieve results from M&A and business alliances. - FY2019-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
No new developments or material changes were identified regarding the risk of failing to achieve results from M&A and business alliances. - FY2018-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
No new developments or material changes were identified regarding the risk of failing to achieve results from M&A and business alliances. - FY2018-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
No new developments or material changes were identified regarding the risk of failing to achieve results from M&A and business alliances. - FY2018-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
No new developments or material changes were identified regarding the risk of failing to achieve results from M&A and business alliances. - FY2017-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
No new developments or material changes were identified regarding the risk of failing to achieve results from M&A and business alliances. - FY2017-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
No new developments or material changes were identified regarding the risk of failing to achieve results from M&A and business alliances. - FY2017-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
No new developments or material changes were identified regarding the risk of failing to achieve results from M&A and business alliances. - FY2016First statedAnnual report
「The Group takes a proactive approach to business alliances and M&A, with the aim of acquiring at an early stage the management capabilities that will be required in the future.」
While demonstrating a proactive stance, the company identified as risks the possibility of failing to achieve expected results, unsuccessful negotiations, and difficulty maintaining alliance relationships.