Failure to meet plans after acquisitions and strategic alliances
First written in FY2017. 1 of 2 entries say "Restated". Latest entry: FY2017.
The whole theme swung hardest in 2018: 13 of 78 companies on the "Worse" side.
99 other companies' latest entry also says "Restated".
- FY2017RestatedAnnual report
「We will conduct sufficient reviews when implementing acquisitions and strategic alliances. However, if the business plans following an acquisition or alliance do not progress as initially planned, operating results may be adversely affected.」
The Company continues to disclose strategic alliances, including acquisitions and capital alliances, and the risk of deterioration in operating results if plans are not achieved after implementation. - FY2017First statedAnnual report
「As part of our business strategy, we may engage in strategic alliances, including acquisitions and capital alliances, to expand existing businesses or enter and strengthen new businesses. We will conduct sufficient reviews when implementing acquisitions and strategic alliances. However, if the business plans following an acquisition or alliance do not progress as initially planned, operating results may be adversely affected.」
The Company identifies the possibility of strategic alliances, including acquisitions and capital alliances, and the risk that business plans may fail to progress after implementation.