Risk of Fluctuations in Investment Securities’ Market Prices and Poor Performance at Investee Companies
First written in FY2017. 4 of 8 entries say "Mitigated", first in FY2024. Latest entry: FY2026.
The whole theme swung hardest in 2019: 38 of 71 companies on the "Worse" side.
24 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「As a result of selling 5 listed shareholdings and 1 unlisted shareholding, including the above holdings, the company held 42 holdings, including 1 deemed holding, at the end of fiscal 2025.」
The company continues to sell cross-shareholdings, reducing the number of holdings from 48 in the previous fiscal year to 42 and further reducing its exposure to fluctuations in market prices and to poor performance at investee companies. - FY2026-H1MitigatedAnnual report
「Net income attributable to owners of the parent was ¥11,285 million, up 23.5% year on year, mainly due to gains on the sale of cross-shareholdings.」
The company recorded gains on the sale of cross-shareholdings and continues to reduce its exposure to fluctuations in the market prices of investment securities and to poor performance at investee companies. - FY2025MitigatedAnnual report
「In addition to 3 of the above holdings, the company sold 3 listed shareholdings, including deemed holdings. As a result, it held 48 holdings, including 1 deemed holding, at the end of the fiscal year ended March 2025.」
The company is further reducing its exposure to fluctuations in investee companies' market prices and to poor performance through the sale of cross-shareholdings. - FY2024MitigatedAnnual report
「In addition to selling the above holdings, the company sold shares in 2 unlisted companies. As a result, it held 53 holdings, including 2 deemed holdings, at the end of fiscal 2023.」
The company is proceeding with the sale of cross-shareholdings and reducing its exposure to fluctuations in the market prices of investment securities and to poor performance at investee companies. - FY2023AdvancedAnnual report
「Following the sale of the above 4 securities and 1 issue of shares in an unlisted company, the company held 67 securities as of the end of fiscal 2022, including 3 deemed-held shares.」
Continuing to verify the rationale, the company decided to sell 4 listed holdings and sold 1 unlisted shareholding, reducing the number of holdings to 67. It has also indicated a policy of keeping holdings below 10% of net assets. - FY2021RestatedAnnual report
「The company regularly monitors the fair values and financial condition of investment securities issuers, including business partners, and periodically reviews its holdings after considering its relationships with those business partners.」
The company continues to identify the risk of impairment losses on investment securities due to market-price fluctuations and poor performance by investees, as well as regularly checking fair values and financial conditions. - FY2019RestatedAnnual report
「Future deterioration in market conditions or poor performance by investees could require the recognition of additional impairment losses.」
The company continues to identify the risk of impairment losses on investment securities due to deteriorating market conditions or poor performance by investees. - FY2017First statedAnnual report
「Future deterioration in market conditions or poor performance by investees could require the recognition of additional impairment losses.」
For investment securities, the company discloses the risk of impairment losses due to deteriorating market conditions or poor performance by investee companies, as well as regular monitoring of fair values and financial conditions.