Impact of withdrawing from unprofitable businesses and reorganizing affiliated companies
First written in FY2016. 4 of 5 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2017: 6 of 14 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「No discussions on withdrawing from unprofitable businesses or similar matters have been held at management meetings or elsewhere, and the risk has not materialized as of the present time.」
Although the risks associated with withdrawing from unprofitable businesses and reorganizing affiliated companies continue to be disclosed, the company states that there have been no discussions of withdrawals or similar measures and that the risks have not materialized as of the current fiscal year. - FY2020RestatedAnnual report
「If the operating environment surrounding the Group changes in the future, the Group may undertake business restructuring, including restructuring measures such as withdrawing from unprofitable businesses and reorganizing affiliated companies. In such a case, the restructuring could affect the Group's results and financial condition, including through the recognition of extraordinary losses associated with business withdrawals, facility closures and the reorganization of affiliated companies.」
The company continues to state the possibility of extraordinary losses and other effects associated with withdrawing from unprofitable businesses, closing facilities and reorganizing affiliated companies. - FY2018RestatedAnnual report
「If the operating environment surrounding the Group changes in the future, the Group may undertake business restructuring, including restructuring measures such as withdrawing from unprofitable businesses and reorganizing affiliated companies. In such a case, the restructuring could affect the Group's results and financial condition, including through the recognition of extraordinary losses associated with business withdrawals, facility closures and the reorganization of affiliated companies.」
The company continues to cite as a risk the impact on results and financial condition of withdrawing from unprofitable businesses, closing facilities and reorganizing affiliated companies. - FY2017RestatedAnnual report
「If the operating environment surrounding the Group changes in the future, the Group may undertake business restructuring, including restructuring measures such as withdrawing from unprofitable businesses and reorganizing affiliated companies.」
The company continues to cite the possibility of extraordinary losses and other effects associated with withdrawing from unprofitable businesses, closing facilities and reorganizing affiliated companies as risks. - FY2016First statedAnnual report
「If the operating environment surrounding the Group changes in the future, the Group may undertake business restructuring, including restructuring measures such as withdrawing from unprofitable businesses and reorganizing affiliated companies. In such a case, the restructuring could affect the Group's results and financial condition, including through the recognition of extraordinary losses associated with business withdrawals, facility closures and the reorganization of affiliated companies.」
The company states the possibility of future withdrawals, closures, reorganization of affiliated companies and extraordinary losses resulting from changes in the business environment.