Risk of failing to realize integration benefits following an acquisition or equity investment
First written in FY2016. 11 of 12 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2018: 13 of 79 companies on the "Worse" side.
- FY2025RestatedAnnual report
「To maximize the benefits of integrating the target company, the Group will seek to integrate it with the Group's corporate culture and management strategies, but there is no guarantee that the expected benefits or synergies will be achieved.」
The company continues to disclose the risk that integration benefits and synergies may not be achieved after acquisitions or capital participation. - FY2024-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no significant changes regarding the risk that integration benefits will not be achieved after acquisitions or capital participation. - FY2023RestatedAnnual report
「To maximize the benefits of integrating the target company, the Group will seek to integrate it with the Group's corporate culture and management strategies, but there is no guarantee that the expected benefits or synergies will be achieved.」
The company continues to address the risk that benefits and synergies may not be achieved through integration after acquisitions or capital participation. - FY2022RestatedAnnual report
「To maximize the benefits of integrating the target company, the Group will seek to integrate it with the Group's corporate culture and management strategies, but there is no guarantee that the expected benefits or synergies will be achieved.」
The company continues to address the risk that benefits and synergies may not be achieved through integration after acquisitions or capital participation. - FY2021RestatedAnnual report
「To maximize the benefits of integrating the target company, the Group will seek to integrate it with the Group's corporate culture and management strategies, but there is no guarantee that the expected benefits or synergies will be achieved.」
The company continues to disclose the risk that benefits and synergies may not be achieved through integration after acquisitions or capital participation. - FY2021-Q2RestatedAnnual report
「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」
The company states that there have been no significant changes regarding the risk that integration benefits will not be achieved after acquisitions or capital participation. - FY2019RestatedAnnual report
「To maximize the benefits of integrating the target company, the Group will seek to integrate it with the Group's corporate culture and management strategies, but there is no guarantee that the expected benefits or synergies will be achieved.」
The company continues to disclose the risk that synergies may not be achieved following the integration of corporate cultures and management strategies after acquisitions or capital participation. - FY2019-Q2RestatedAnnual report
「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」
The company states that there have been no significant changes regarding the risk that integration benefits will not be achieved after acquisitions or capital participation. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no significant changes regarding the risk that integration benefits will not be achieved after acquisitions or capital participation. - FY2018RestatedAnnual report
「To maximize the benefits of integrating the target company, the Group will seek to integrate it with the Group's corporate culture and management strategies, but there is no guarantee that the expected benefits or synergies will be achieved.」
The company continues to disclose the risk that synergies may not be achieved following the integration of corporate cultures and management strategies after acquisitions or capital participation. - FY2017RestatedAnnual report
「To maximize the benefits of integrating the target company, the Group will seek to integrate it with the Group's corporate culture and management strategies, but there is no guarantee that the expected benefits or synergies will be achieved.」
The company continues to disclose the risk that synergies may not be achieved following the integration of corporate cultures and management strategies after acquisitions or capital participation. - FY2016First statedAnnual report
「To maximize the benefits of integrating the target company, the Group will seek to integrate it with the Group's corporate culture and management strategies, but there is no guarantee that the expected benefits or synergies will be achieved.」
While expanding its business through acquisitions and capital participation, the company discloses the possibility that expected benefits and synergies may not be achieved after integrating corporate cultures and management strategies.