Uncertainty over the Results of Partnerships, Equity Investments and New Businesses
First written in FY2016. 1 of 2 entries say "Restated". Latest entry: FY2017.
The whole theme swung hardest in 2018: 13 of 79 companies on the "Worse" side.
- FY2017RestatedAnnual report
「The Group's policy is to actively pursue alliances and capital investments in high-quality companies in line with its business objectives, and it is also considering entering new businesses. However, if the Group is unable to achieve the results it expects upon entering a new business due to changes in the external environment or other factors, this could affect the Group's operating results and financial position.」
The policy of expansion through alliances, capital investments and new businesses, together with the risk of failing to achieve the expected results, continues to be disclosed. - FY2016First statedAnnual report
「The Group's policy is to actively pursue alliances and capital investments in high-quality companies in line with its business objectives, and it is also considering entering new businesses. However, if the Group is unable to achieve the results it expects upon entering a new business due to changes in the external environment or other factors, this could affect the Group's operating results and financial position.」
The policy of expanding the business domain and the risk of failing to achieve the expected results are presented together.