Risk of Failing to Meet Plans for M&A and Business Alliances
First written in FY2018. 3 of 4 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2018: 13 of 78 companies on the "Worse" side.
99 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「As measures to address these risks, our Group is working to conduct detailed due diligence when selecting investment targets and reviewing the business plans of investee companies, and to monitor their operating conditions and market environments.」
Reconfirmed the risk of failure to meet M&A and business alliance plans, and the response of conducting due diligence on investment targets and business plans and monitoring them after investment. - FY2022RestatedAnnual report
「As measures to address these risks, our Group is working to conduct detailed due diligence when selecting investment targets and reviewing the business plans of investee companies, and to monitor their operating conditions and market environments.」
Reconfirmed the risk of failure to meet M&A and business alliance plans, and the response of conducting due diligence on investment targets and business plans and monitoring them after investment. - FY2019RestatedAnnual report
「However, significant changes in market and competitive conditions, or an inability to conduct business as planned, including upfront investments in joint development through business alliances, could affect the performance of our Group.」
Reconfirmed the risk of an impact on performance from failure to meet plans and upfront investments associated with M&A and business alliances. - FY2018First statedAnnual report
「However, significant changes in market and competitive conditions, or an inability to conduct business as planned, including upfront investments in joint development through business alliances, could affect the performance of our Group.」
While pursuing acquisitions and business alliances as means of achieving growth, for the first time separately identified changes in the business environment, failure to meet plans and upfront investments in joint development as performance risks.