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Puequ (9264) · RiskMaterialised

Profit Pressure from One-Time Acquisition-Related Costs

First written in FY2020-Q1. 6 of 7 entries say "Materialised", first in FY2020-Q1. Latest entry: 2026-10-13.

7entries
7years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseMaterialisedFY2020-Q1 – FY2022-Q3MitigatedFY2023-Q1MaterialisedFY2024-Q3 – 2026-10-132020: 120202021: 020212022: 120222023: 120232024: 220242025: 020252026: 22026
Same theme, other companies
Earnings pressure from unplanned acquisition-related expensesA theme 8 companies write about · 8 as a headwind · 0 as a tailwind

Puequ moved to the "Worse" side of this theme in 2020.

1 other company's latest entry also says "Materialised".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. 2026-10-13Materialisedfinance.yahoo.co.jp

    「On the earnings front, in addition to the carryover of high-margin projects, costs associated with investments for growth, including depreciation expenses arising from the start-up of a new plant for equipment related to subcritical water treatment, costs to secure personnel, and expenses related to the acquisition of shares in a subsidiary, were incurred ahead of the anticipated benefits.」

    Expenses related to the acquisition of shares in a subsidiary weighed on earnings as upfront costs associated with growth investments.
  2. 2026-10-09MaterialisedRevision of earnings forecasts

    「During the current consolidated fiscal year, the Company acquired shares in a subsidiary and recorded ¥29 million in acquisition-related expenses, including advisory fees, under selling, general and administrative expenses.」

    Acquisition-related expenses of ¥29 million arising from the acquisition of shares in a subsidiary were recorded under SG&A expenses, creating earnings pressure from one-time acquisition costs.
  3. FY2024MaterialisedAnnual report

    「In the current consolidated fiscal year, the company recorded approximately ¥77 million in acquisition costs, including brokerage fees arising from making コーベックス株式会社 and アイエススプリンクラー株式会社 subsidiaries, under selling, general and administrative expenses, increasing costs related to M&A.」

    Brokerage fees and other expenses of approximately ¥77 million related to the acquisitions of 2 companies were incurred and affected profit as selling, general and administrative expenses.
  4. FY2024-Q3MaterialisedAnnual report

    「Breakdown and amounts of major acquisition-related expenses Advisory fees and other expenses ¥36.397 million」

    Advisory fees and other expenses of ¥36.397 million were incurred in connection with the acquisition of コーベックス株式会社, with the risk of earnings pressure from acquisition-related expenses newly reflected in the results.
  5. FY2023-Q1MitigatedAnnual report

    「Overall, business performance remained solid, supported by steady demand capture in the environmental market and the absence in the current first quarter of the approximately ¥25 million in M&A expenses recorded in the first quarter of the previous fiscal year.」

    The approximately ¥25 million in M&A expenses incurred in the previous first quarter did not recur this quarter, easing earnings pressure from one-time acquisition-related expenses.
  6. FY2022-Q3MaterialisedAnnual report

    「In addition, expenses related to the acquisition of shares in 株式会社マリンリバー were recorded under selling, general and administrative expenses, reducing profit and affecting business performance for the nine-month period of the fiscal year under review.」

    Expenses related to the acquisition of shares in マリンリバー were recorded under selling, general and administrative expenses, resulting in lower profit in the environmental and energy business.
  7. FY2020-Q1MaterialisedAnnual report

    「The Company recorded ¥20 million in brokerage fees and other payments incurred in connection with the acquisition of 協立電機工業株式会社, resulting in a temporary increase in selling, general and administrative expenses and other effects. Consequently, the operating loss was ¥9 million, compared with an operating loss of ¥28 million in the same period of the previous year.」

    Brokerage fees and other payments of ¥20 million related to the acquisition of 協立電機工業 were recorded as one-time expenses, affecting the operating loss.
Moved together

"Uncertainty in Overseas Economies, Including U.S. Monetary and Trade Policy" moved the same way as this thread, in the same document, in 4 of its 7 moves.

443222★123456
  1. ★This thread
  2. 1Uncertainty in Overseas Economies, Including U.S. Monetary and Trade Policy4×
  3. 2Higher Personnel Expenses and Pressure on Profits from Workforce Expansion4×
  4. 3Financial Risks from High Interest-Bearing Debt and a Low Equity Ratio3×
  5. 4Higher Revenue and Profit for the Cumulative Third Quarter2×
  6. 5Steady orders for marine equipment driven by improving shipbuilding market conditions2×
  7. 6Revenue Recognition in the Disaster Prevention and Safety Business Concentrated in the Second Half2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Puequ's next results are scheduled for 2026-10-14. Read the earnings preview It last moved in the Revision of earnings forecasts of 2026-10-09: "Materialised".
Profit Pressure from One-Time Acquisition-Related Costs | Puequ CO.,LTD. (9264) | Komori