Delays in M&A Deal Closings and the Launch of New Warehouses
First written in FY2016. 6 of 8 entries say "Restated". Latest entry: FY2020-Q3.
1 other company's latest entry also says "Restated".
- FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended [the current third quarter]. There have also been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes are deemed to have occurred with respect to the risk of delays in closing M&A transactions and commencing operations at new warehouses. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended [the current third quarter]. There have also been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes are deemed to have occurred with respect to the risk of delays in closing M&A transactions and commencing operations at new warehouses. - FY2018SoftenedAnnual report
「Although there were increases in personnel expenses due to labour shortages, costs such as ocean and air freight charges, and one-time costs associated with constructing a new warehouse,」
The delays themselves in closing M&A transactions and commencing operations at new warehouses are not explicitly stated; the new warehouse is described in terms of one-time construction costs. - FY2018-Q1RestatedAnnual report
「No new business or other risks arose during the cumulative first quarter of the current consolidated fiscal year.」
No new risk is deemed to have arisen with respect to delays in closing M&A transactions and commencing operations at new warehouses. - FY2017-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended [the current third quarter]. There have also been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes are deemed to have occurred with respect to the risk of delays in closing M&A transactions and commencing operations at new warehouses. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes are deemed to have occurred with respect to the risk of delays in closing M&A transactions and commencing operations at new warehouses. - FY2017-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes are deemed to have occurred with respect to the risk of delays in closing M&A transactions and commencing operations at new warehouses. - FY2016First statedAnnual report
「Specific factors with a significant impact included temporary factors such as delays in closing M&A transactions, delays in commencing operations at new warehouses and the occurrence of one-time costs.」
The company explicitly identifies delays in executing M&A transactions and bringing facilities into operation as factors behind operating profit falling below target in the first year of the medium-term plan.