Risk of Post-Acquisition Contingent Liabilities and Goodwill Impairment
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2024: 36 of 89 companies on the "Worse" side.
- FY2025RestatedAnnual report
「If issues that could not be identified through due diligence arise after an acquisition, such as contingent liabilities or previously unrecognised liabilities, or if business development and other matters do not proceed as planned and goodwill impairment becomes necessary」
While the Company has completed a new acquisition, the risks of contingent liabilities, previously unrecognised liabilities and goodwill impairment after the acquisition remain ongoing. - FY2023RestatedAnnual report
「If issues that could not be identified through due diligence arise after an acquisition, such as contingent liabilities or previously unrecognised liabilities, or if business development and other matters do not proceed as planned and goodwill impairment becomes necessary」
The risks of contingent liabilities, previously unrecognised liabilities, failure to meet plans and goodwill impairment following M&A remain ongoing. - FY2021First statedAnnual report
「If issues that could not be identified through due diligence arise after an acquisition, such as contingent liabilities or previously unrecognised liabilities, or if business development and other matters do not proceed as planned and goodwill impairment becomes necessary」
After explaining the due diligence process, the disclosure describes the risks remaining after an acquisition.