Price fluctuation risk for investment securities, primarily shares of business partners
First written in FY2019. 10 of 28 entries say "Worsened", first in FY2020-Q3. Latest entry: FY2027-H1.
Besterra moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2019: 69 of 144 companies on the "Worse" side.
39 other companies' latest entry also says "Materialised".
- FY2027-H1MaterialisedAnnual report
「The Company recorded extraordinary income totalling ¥314.158 million, including a gain on the sale of investment securities of ¥313.899 million, while it recorded extraordinary losses totalling ¥500.158 million, including an impairment loss on investment securities of ¥499.999 million,」
The price volatility risk of investment securities materialised as an impairment loss of ¥499.999 million. Although a gain on sale of ¥313.899 million was also recorded, extraordinary losses exceeded extraordinary income, contributing to the decline in interim net income. - 2026-09-09Materialisedwww.nikkei.com
「BESTERRA: Notice Regarding the Recording of an Extraordinary Loss (Valuation Loss on Investment Securities), the Difference Between Second-Quarter (Interim-Period) Earnings Forecasts and Actual Results, and the Revision of Full-Year Consolidated Earnings Forecasts」
It was reported that, amid price fluctuation risk related to investment securities, a valuation loss was recorded as an extraordinary loss. - FY2026-H1WorsenedAnnual report
「This was mainly attributable to decreases of ¥1,384.960 million in notes and accounts receivable—completed construction contracts and other assets and ¥1,218.123 million in investment securities, among other factors.」
While the balance of investment securities decreased from ¥3,403.448 million to ¥2,185.324 million, valuation differences on other securities deteriorated from ¥75.999 million to negative ¥93.802 million, with the impact of price volatility reflected as a negative valuation difference. - FY2025MitigatedAnnual report
「The company sold part of its strategically held shares in line with its policy of reducing such holdings under the Corporate Governance Code, obtaining approximately ¥1.4 billion in funds,」
The company sold investment securities for ¥1,414.079 million and recorded a gain on sale of ¥167.199 million. The valuation difference on investment securities improved from negative ¥648.182 million in the previous fiscal year to positive ¥109.540 million. - FY2025-H1Increase in holdings and improvement in valuation differenceAnnual report
「This was mainly attributable to increases of ¥750.213 million in cash and deposits, ¥89.487 million in notes and accounts receivable—completed construction contracts and other assets, and ¥188.701 million in investment securities, among other factors. This was mainly attributable to increases of ¥130.809 million in valuation differences on other securities and ¥38.633 million in retained earnings, among other factors.」
While the balance of investment securities increased by ¥188.701 million, valuation differences on other securities increased by ¥130.809 million, narrowing the negative valuation difference from negative ¥449.709 million at the end of the previous fiscal year to negative ¥318.899 million. - FY2025-Q1MitigatedAnnual report
「This was mainly attributable to an increase of ¥40.925 million in valuation differences on other securities, while retained earnings decreased by ¥118.240 million, among other factors.」
Valuation differences on other securities increased by ¥40.925 million, narrowing the negative valuation difference from negative ¥449.709 million at the end of the previous consolidated fiscal year to negative ¥408.783 million. - FY2024WorsenedAnnual report
「Total 3,892,344 4,540,527 △648,182」
The valuation difference on investment securities deteriorated from negative ¥165.821 million in the previous fiscal year to negative ¥648.182 million, with price volatility risk reflected in the widening valuation difference. - FY2024-Q3WorsenedAnnual report
「This was mainly attributable to decreases of ¥504.158 million in valuation differences on other securities and ¥76.891 million in retained earnings, among other factors.」
Valuation differences on other securities decreased by ¥504.158 million, leaving a balance of negative ¥619.635 million. Price volatility risk in investment securities continues to be reflected in the deterioration of valuation differences. - FY2024-Q2WorsenedAnnual report
「This was mainly attributable to decreases of ¥368.396 million in valuation differences on other securities and ¥117.211 million in retained earnings, among other factors.」
Valuation differences on other securities decreased by ¥368.396 million, leaving a balance of negative ¥483.873 million. Price volatility risk in investment securities is reflected in the deterioration of valuation differences. - FY2024-Q1WorsenedAnnual report
「This was mainly attributable to an increase of ¥819.719 million in cash and deposits, while investment securities decreased by ¥675.843 million and notes and accounts receivable—completed construction contracts and other assets decreased by ¥299.193 million, among other factors.」
While the balance of investment securities decreased by ¥675.843 million, valuation differences on other securities decreased by ¥468.511 million, with deterioration in valuation differences emerging as a factor behind the decline in net assets. - FY2023WorsenedAnnual report
「This was mainly attributable to an increase of ¥516.842 million in investment securities, among other factors.」
The balance of investment securities increased by ¥516.842 million from the end of the previous fiscal year to ¥4,374.452 million, increasing exposure to price volatility risk. Meanwhile, the negative valuation difference narrowed from ¥182.419 million to ¥165.821 million. - FY2023-Q3Increase in holdings and improvement in valuation differenceAnnual report
「This was mainly attributable to an increase of ¥916.255 million in investment securities, while cash and deposits decreased by ¥660.368 million and notes and accounts receivable—completed construction contracts and other assets decreased by ¥738.008 million, among other factors.」
The balance of investment securities increased by ¥916.255 million from the end of the previous consolidated fiscal year to ¥4,773.865 million, increasing exposure to price volatility risk. Meanwhile, valuation differences on other securities increased by ¥288.670 million. - FY2023-Q2Increase in holdings and improvement in valuation differenceAnnual report
「This was mainly attributable to an increase of ¥296.290 million in investment securities, while notes and accounts receivable—completed construction contracts and other assets decreased by ¥882.849 million and costs on uncompleted construction contracts decreased by ¥82.257 million, among other factors.」
The balance of investment securities increased by ¥296.290 million from the end of the previous consolidated fiscal year to ¥4,153.900 million. Meanwhile, valuation differences on other securities increased by ¥205.479 million, with increases in holdings and an improvement in valuation differences disclosed simultaneously. - FY2023-Q1Increase in holdings and improvement in valuation differenceAnnual report
「This was mainly attributable to increases of ¥1,665.183 million in investment securities and ¥240.769 million in notes and accounts receivable—completed construction contracts and other assets, while cash and deposits decreased by ¥375.412 million, among other factors.」
The balance of investment securities increased by ¥1,665.183 million from the end of the previous consolidated fiscal year to ¥5,522.793 million, increasing exposure to price volatility risk. Meanwhile, valuation differences on other securities increased by ¥1,155.263 million. - FY2022WorsenedAnnual report
「Investment securities ¥3,857.61 million Acquisition cost ¥4,040.029 million Difference △¥182.419 million」
The balance of investment securities was ¥3,857.610 million, resulting in a valuation difference of ¥182.419 million below acquisition cost. Equity price volatility risk is reflected as a negative valuation difference. - FY2022-Q3Change in holdings classification through a share exchangeAnnual report
「This was due mainly to リバーホールディングス株式会社, formerly an affiliate of the company, conducting a joint share transfer with 株式会社タケエイ and becoming a subsidiary of the newly established ＴＲＥホールディングス株式会社. As a result of the share exchange, investment securities increased by ¥4,616.177 million and shares of affiliates decreased by ¥2,527.765 million.」
Following the share exchange involving リバーホールディングス, investment securities increased by ¥4,616.177 million and shares of affiliates decreased by ¥2,527.765 million. The composition of the holdings classification and investment securities exposure has changed. - FY2021-Q3Transfer from investment securities to shares of affiliatesAnnual report
「This was mainly attributable to increases of ¥255.435 million in cash and deposits, ¥629.774 million in notes and accounts receivable—trade, completed construction contract receivables and other items, and ¥2,527.765 million in shares of affiliates through application of the equity method, while investment securities decreased by ¥2,458.04 million, among other factors.」
The company disclosed that shares of affiliates increased by ¥2,527.765 million and investment securities decreased by ¥2,458.04 million following application of the equity method. The composition of the holdings classification and exposure relating to the price fluctuation risk of investment securities has changed. - FY2021-Q2WorsenedAnnual report
「This was mainly attributable to increases of ¥522.972 million in cash and deposits and ¥302.318 million in notes and accounts receivable—trade, completed construction contract receivables and other items, while investment securities decreased by ¥899.619 million, among other factors.」
Investment securities decreased by ¥899.619 million from the end of the previous consolidated fiscal year, while the valuation difference on other securities also decreased by ¥947.384 million, indicating that the impact of price fluctuation risk remained significant following the previous quarter. - FY2021-Q1MaterialisedAnnual report
「This was mainly attributable to decreases of ¥739.285 million in the valuation difference on other securities and ¥76.494 million in retained earnings, among other factors.」
The valuation difference on other securities decreased by ¥739.285 million, demonstrating that the price fluctuation risk of investment securities had materialized as a substantial decline in valuation differences. The investment securities balance itself decreased by ¥691.52 million. - FY2020RestatedAnnual report
「Investment securities consist primarily of shares of business partners and are exposed to price fluctuation risk.」
The company continued to disclose the price fluctuation risk of investment securities, primarily shares of business partners. The investment securities balance at the end of the current fiscal year was ¥2,586.44 million. - FY2020-Q3WorsenedAnnual report
「This was mainly attributable to a ¥2,483.84 million increase in investment securities, while cash and deposits decreased by ¥1,261.221 million and notes and accounts receivable—trade, completed construction contract receivables and other items decreased by ¥985.985 million, among other factors.」
Investment securities increased by ¥2,483.84 million from the end of the previous consolidated fiscal year to ¥2,592.02 million. Exposure to price fluctuation risk associated with investment securities such as shares of business partners has increased. - FY2020-Q2RestatedAnnual report
「Investment securities ¥108.18 million ¥106.02 million」
The company disclosed investment securities balances of ¥108.18 million at the end of the previous consolidated fiscal year and ¥106.02 million at the end of the current second quarter consolidated accounting period, continuing to hold investment securities such as shares of business partners. - FY2019MaterialisedAnnual report
「Investment securities consist primarily of shares of business partners and are exposed to price fluctuation risk.」
The company holds 60,000 shares of 第一カッター興業株式会社 as investment securities, and recorded ¥108.18 million on the consolidated balance sheet against an acquisition cost of ¥125.243 million, together with an unrealized loss of ¥17.063 million on other securities valuation differences.