Share Price Fluctuation Risk Relating to INPEX Shares
First written in FY2016. 6 of 20 entries say "Materialised", first in FY2019-Q3. Latest entry: FY2026.
Japan Petroleum Exploration 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: 13 of 44 companies on the "Worse" side.
3 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The Company recorded ¥125,011 million at the end of the fiscal year under review, compared with ¥54,983 million at the end of the previous fiscal year. This represented 45.6% of investment securities, compared with 30.5% at the end of the previous fiscal year.」
The valuation of INPEX shares increased from ¥54,983 million to ¥125,011 million, while their proportion of investment securities rose from 30.5% to 45.6%. - FY2025MitigatedAnnual report
「As of the end of the fiscal year ended March 2025, the Company held 2.23% of the shares of INPEX CORPORATION. Of the ¥180,280 million balance of investment securities held by the Group at the end of the fiscal year, ¥54,983 million consisted of shares of that company.」
The holding of INPEX shares declined from 4.24% in the previous fiscal year to 2.23%, while their valuation fell from ¥125,091 million to ¥54,983 million, reducing exposure to share price fluctuations. - FY2024WorsenedAnnual report
「As of the end of the fiscal year ended March 2024, the Company held 4.24% of the shares of INPEX CORPORATION. Of the ¥180,415 million balance of investment securities held by the Group at the end of the fiscal year, ¥125,091 million consisted of shares of that company.」
The holding of INPEX shares increased from 4.09% in the previous fiscal year to 4.24%, while their valuation increased from ¥74,664 million to ¥125,091 million. The financial position is increasingly exposed to fluctuations in the share price and business performance. - FY2023Slight increase in holding ratio, decrease in valuationAnnual report
「As of the end of the fiscal year ended March 2023, the Company held 4.09% of the shares of INPEX CORPORATION. Of the ¥115,940 million balance of investment securities held by the Group at the end of the fiscal year, ¥74,664 million consisted of shares of that company.」
The holding of INPEX shares increased from 3.85% to 4.09% due to the cancellation of treasury shares and other factors, while their valuation declined from ¥76,963 million to ¥74,664 million. - FY2022MitigatedAnnual report
「As of the end of the fiscal year ended March 2022, the Company held 3.85% of the shares of INPEX CORPORATION. Of the ¥108,910 million balance of investment securities held by the Group at the end of the fiscal year, ¥76,963 million consisted of shares of that company.」
The holding of INPEX shares declined from 7.32% to 3.85%, while their valuation fell from ¥80,811 million to ¥76,963 million. Exposure to share price fluctuations has decreased as a result of the reduction in the holding. - FY2022-Q2MitigatedAnnual report
「At a meeting of the Board of Directors held on 5 November 2021, the Company resolved to sell part of its shares in INPEX Corporation by tendering them for the company's purchase of treasury shares through an off-auction purchase (ToSTNeT-3), and the transaction was completed on 8 November 2021. As a result of the sale, the Company's ownership percentage decreased from 7.32% to 3.80% (*).」
The partial sale of INPEX shares reduced the holding from 7.32% to 3.80%, thereby reducing exposure to changes in the market value of the shares. - FY2022-Q1Continued increase in the market value of investment securitiesAnnual report
「Fixed assets increased by ¥26,608 million from the end of the previous consolidated fiscal year. This was mainly due to the impact of foreign-currency translation on tangible fixed assets at overseas consolidated subsidiaries, the increase in the market value of investment securities and investment in production recovery accounts included in other investments and other assets.」
The market value of investment securities continued to rise, and the balance of investment securities increased from ¥105,070 million to ¥113,995 million. - FY2021Recovery in the market value of investment securitiesAnnual report
「As of the end of the fiscal year ended March 2021, the Company held a 7.32% interest in INPEX Corporation. The balance of the Group's investment securities at the end of the consolidated fiscal year ended March 2021 was ¥105,070 million, of which the company's shares accounted for ¥80,811 million.」
The Company's ownership interest in INPEX shares remained 7.32%, while their carrying amount increased from ¥65,076 million in the previous fiscal year to ¥80,811 million, moving in the opposite direction from the previous year's decline in market value. - FY2021-Q3MaterialisedAnnual report
「Although fixed assets increased because of investment in production recovery accounts included in other investments and other assets, they decreased by ¥1,680 million from the end of the previous consolidated fiscal year as the market value of investment securities fell and depreciation of tangible fixed assets progressed.」
The decline in the market value of investment securities continued to be reflected in results as a factor reducing fixed assets, and the balance of investment securities decreased from ¥88,922 million to ¥88,697 million. - FY2021-Q2Reversal to a decline in the market value of investment securitiesAnnual report
「Although fixed assets increased because of investment in production recovery accounts included in other investments and other assets, they decreased by ¥3,653 million from the end of the previous consolidated fiscal year as the market value of investment securities fell and depreciation of tangible fixed assets progressed.」
Unlike the increase in market values through the previous quarter, the decline in the market value of investment securities became a factor reducing fixed assets. The amount of investment securities recognized decreased from ¥88,922 million to ¥84,312 million. - FY2021-Q1Increase in the market value of investment securitiesAnnual report
「Fixed assets increased by ¥4,645 million from the end of the previous consolidated fiscal year. Although tangible fixed assets decreased because of foreign-exchange effects, investment securities increased as their market value rose, and other investments and other assets increased through investment in production recovery accounts.」
Unlike the decline in the market value of investment securities that materialized in the previous fiscal year, an increase in their market value was a factor behind the rise in fixed assets during the current quarter. - FY2020MaterialisedAnnual report
「As of the end of the fiscal year ended March 2020, the Company held a 7.32% interest in INPEX Corporation. The balance of the Group's investment securities at the end of the consolidated fiscal year ended March 2020 was ¥88,922 million, of which the company's shares accounted for ¥65,076 million.」
The carrying amount of INPEX shares decreased from ¥112,825 million in the previous fiscal year to ¥65,076 million, reflecting the impact of share-price risk on the financial position. - FY2020-Q3Increase in the market value of investment securitiesAnnual report
「Fixed assets decreased by ¥18,036 million from the end of the previous consolidated fiscal year. Although investment securities increased as their market value rose, tangible fixed assets and production recovery accounts included in other investments and other assets decreased as depreciation and collections progressed, respectively.」
The market value of investment securities increased from ¥137,794 million at the end of the previous consolidated fiscal year to ¥153,333 million, a change from the decline in the balance caused by falling market values through the previous quarter. - FY2020-Q2MaterialisedAnnual report
「Fixed assets decreased by ¥26,542 million from the end of the previous consolidated fiscal year. This was mainly because investment securities declined as their market value fell and production recovery accounts included in other investments and other assets decreased as collections progressed.」
The decline in the market value of investment securities continued to be reflected in results as a factor reducing fixed assets. The market value of other securities decreased from ¥112,022 million at the end of the previous fiscal year to ¥109,562 million. - FY2020-Q1MaterialisedAnnual report
「Fixed assets decreased by ¥21,374 million from the end of the previous consolidated fiscal year to ¥467,825 million. This was mainly because investment securities declined as their market value fell and production recovery accounts included in other investments and other assets decreased as collections progressed.」
The decline in the market value of investment securities continued to be reflected in results as a factor reducing fixed assets, and the balance of investment securities decreased from ¥137,794 million to ¥131,383 million. - FY2019MaterialisedAnnual report
「As of the end of the fiscal year ended March 2019, the Company held a 7.32% interest in INPEX Corporation. The balance of investment securities at the end of the Group's consolidated fiscal year ended March 2019 was ¥137,794 million, of which INPEX Corporation shares accounted for ¥112,825 million.」
The Company's ownership interest in INPEX shares was 7.32%, while their carrying amount decreased from ¥140,671 million in the previous fiscal year to ¥112,825 million, reflecting the impact of share-price fluctuations on the financial position. - FY2019-Q3MaterialisedAnnual report
「Property, plant and equipment and other fixed assets decreased by ¥41,475 million from the end of the previous consolidated fiscal year to ¥488,909 million, mainly because investment securities declined with falling market prices and tangible fixed assets decreased through depreciation.」
The decline in the market value of owned securities was reflected in the financial position as a decrease in investment securities. This filing does not disclose the individual carrying amount of INPEX shares. - FY2018RestatedAnnual report
「As of the end of the fiscal year ended March 2018, the Company held a 7.31% interest in INPEX Corporation. The balance of investment securities at the end of the Group's consolidated fiscal year ended March 2018 was ¥167,342 million, of which INPEX Corporation shares accounted for ¥140,671 million.」
The 7.31% ownership interest in INPEX shares remained unchanged, while the carrying amount increased from ¥116,994 million in the previous fiscal year to ¥140,671 million. - FY2017RestatedAnnual report
「As of the end of the fiscal year ended March 2017, the Company held a 7.31% interest in INPEX Corporation. The balance of investment securities at the end of the Group's consolidated fiscal year ended March 2017 was ¥148,237 million, of which INPEX Corporation shares accounted for ¥116,994 million.」
The Company held 7.31% of INPEX shares, with a carrying amount of ¥116.994 billion, and continued to disclose the risk that share-price fluctuations could affect its financial position. - FY2016First statedAnnual report
「As of the end of the fiscal year ended March 2016, the Company held a 7.31% interest in INPEX Corporation. The balance of investment securities at the end of the Group's consolidated fiscal year ended March 2016 was ¥135,261 million, of which INPEX Corporation shares accounted for ¥91,233 million.」
The Company disclosed the ownership percentage and carrying amount of its principal shareholding as a risk that a decline in its market value could affect the financial position. The amount decreased from ¥141,686 million in the previous fiscal year to ¥91,233 million.