Market Price Fluctuation Risk on Cross-Held Shares and Other Investments
First written in FY2018. 13 of 24 entries say "Materialised", first in FY2019. Latest entry: 2026-08-12.
Fukutome Meat Packers 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.
20 other companies' latest entry also says "Mitigated".
- 2026-08-12MitigatedOccurring Fact
「2 listed shares held by the Company」
The sale of 2 listed shareholdings is intended to reduce exposure to market-price fluctuation risk associated with cross-shareholdings and other investments. - FY2026-H1Increase in valuation differencesAnnual report
「The main factors were increases of ¥315 million in investment securities and ¥210 million in the valuation difference on other securities.」
Investment securities increased by ¥315 million and the valuation difference on other securities increased by ¥210 million. The impact of market price fluctuations on net assets appeared as an increase during the interim period. - FY2025Increase in holdings due to higher market valuesAnnual report
「Other securities 2,013 2,013 —」
The fair value of cross-shareholdings and other holdings increased from ¥1,809 million in the previous year to ¥2,013 million. No sales were made, while the valuation difference increased by ¥124 million. - FY2024MitigatedAnnual report
「During the consolidated fiscal year, 9 securities with a market value of ¥731 million were sold, generating a gain on sale of ¥591 million.」
The Company reduced the number and balance of its holdings by selling cross-shareholdings and other securities. Although market price fluctuation risk remains, the balance decreased from ¥1,948 million in the previous year to ¥1,809 million. - FY2024-Q3MaterialisedAnnual report
「The main factors were an increase of ¥330 million in retained earnings and a decrease of ¥103 million in the valuation difference on other securities.」
The valuation difference on other securities decreased by ¥103 million, with fluctuations in the market prices of held securities continuing to appear as a factor reducing net assets during the quarter. - FY2024-Q2MaterialisedAnnual report
「The main factors were an increase of ¥290 million in retained earnings and a decrease of ¥134 million in the valuation difference on other securities.」
The valuation difference on other securities decreased by ¥134 million, with fluctuations in the market prices of held securities appearing as a decrease in net assets during the quarter. - FY2024-Q1Increase in valuation differencesAnnual report
「The main factors were an increase of ¥121 million in the valuation difference on other securities and a decrease of ¥37 million in retained earnings.」
The valuation difference on other securities increased by ¥121 million during the quarter, showing a different trend from the negative impact on net assets from market price fluctuations that had continued from the previous year. - FY2023-Q3MaterialisedAnnual report
「The main factors were decreases of ¥134 million in retained earnings and ¥57 million in the valuation difference on other securities.」
The valuation difference on other securities decreased by ¥57 million, with fluctuations in the market prices of held shares and other securities appearing as a decrease in net assets during the quarter. - FY2023-Q2MaterialisedAnnual report
「The main factors were decreases of ¥77 million in the valuation difference on other securities and ¥170 million in retained earnings.」
The valuation difference on other securities decreased by ¥77 million, with fluctuations in the market prices of held securities appearing as a decrease in net assets during the quarter. - FY2023-Q1MaterialisedAnnual report
「The main factors were decreases of ¥55 million in the valuation difference on other securities and ¥59 million in retained earnings.」
The valuation difference on other securities decreased by ¥55 million, with fluctuations in the market prices of held shares and other securities appearing as a decrease in net assets during the quarter. - FY2022MaterialisedAnnual report
「The main factors were decreases of ¥718 million in retained earnings brought forward and ¥184 million in the valuation difference on other securities. As a result, the equity ratio was 23.9%.」
The valuation difference on other securities decreased by ¥184 million, with fluctuations in the market prices of held shares appearing as a decrease in net assets. - FY2022-Q3MaterialisedAnnual report
「The main factor was a ¥226 million decrease in the valuation difference on other securities.」
The valuation difference on other securities decreased by ¥226 million, with fluctuations in the market prices of held securities appearing as a decrease in net assets. - FY2022-Q2MaterialisedAnnual report
「The main factors were decreases of ¥130 million in the valuation difference on other securities and ¥120 million in retained earnings.」
The valuation difference on other securities decreased by ¥130 million, with fluctuations in the market prices of held securities appearing as a decrease in net assets. - FY2022-Q1MaterialisedAnnual report
「The main factors were decreases of ¥121 million in the valuation difference on other securities and ¥25 million in retained earnings.」
The valuation difference on other securities decreased by ¥121 million, with fluctuations in the market prices of held securities appearing as a decrease in net assets. - FY2021-Q3RestatedAnnual report
「The main factors were increases of ¥434 million in investment securities, ¥30 million in lease assets and ¥74 million in intangible fixed assets, and decreases of ¥105 million in buildings and structures and ¥115 million in machinery, equipment and vehicles.」
The increase in investment securities was disclosed, but no impairment loss on investment securities was recorded during the nine months ended the third quarter, and the recovery in valuation differences seen through the previous quarter continued. - FY2021-Q2Recovery in valuation differencesAnnual report
「Property, plant and equipment and other fixed assets increased by ¥281 million from the end of the previous consolidated fiscal year to ¥9,375 million. The main factors were a ¥435 million increase in investment securities and decreases of ¥59 million in buildings and structures and ¥73 million in machinery, equipment and vehicles.」
Investment securities increased by ¥435 million, and the valuation difference on other securities also increased by ¥297 million. No impairment loss on investment securities was recorded during the quarter. - FY2020-Q3MaterialisedAnnual report
「Impairment Loss on Investment Securities」
An impairment loss on investment securities of ¥24 million was recorded as an extraordinary loss in the quarterly consolidated statement of income, indicating that market price fluctuation risk had materialized as a loss. - FY2020-Q2MaterialisedAnnual report
「Impairment Loss on Investment Securities」
An impairment loss on investment securities of ¥27 million was recorded as an extraordinary loss for the six months ended the second quarter, indicating that market price fluctuation risk had materialized as a loss. - FY2020-Q1MaterialisedAnnual report
「During the nine months ended the first quarter, an impairment loss on investment securities of ¥26 million was recorded as an extraordinary loss.」
An impairment loss on investment securities of ¥26 million was recorded in connection with market price fluctuation risk for cross-shareholdings and other holdings. - FY2019MaterialisedAnnual report
「During the consolidated fiscal year, impairment losses were recognized, and an impairment loss on investment securities of ¥11 million was recorded.」
An impairment loss on investment securities of ¥11 million was recorded in connection with market price fluctuation risk, while the valuation difference on other securities also decreased by ¥450 million. - FY2019-Q3RestatedAnnual report
「During the third-quarter cumulative consolidated period, there were no significant changes in matters described in the quarterly report concerning the business and financial positions that could materially affect investors’ decisions, or in “II. Business Overview, 2. Business and Other Risks” of the annual securities report for the previous fiscal year.」
It explicitly states that there have been no material changes to existing risks, including market price fluctuation risk for cross-shareholdings and other holdings. - FY2019-Q2RestatedAnnual report
「During the second-quarter cumulative consolidated period, there were no significant changes from the matters described in “II. Business Overview, 2. Business and Other Risks” of the annual securities report for the previous consolidated fiscal year.」
It explicitly states that there have been no material changes to existing risks, including market price fluctuation risk for cross-shareholdings and other holdings. - FY2019-Q1RestatedAnnual report
「During the first-quarter cumulative consolidated period, there were no significant changes from the matters described in “II. Business Overview, 2. Business and Other Risks” of the annual securities report for the previous consolidated fiscal year.」
It explicitly states that there have been no material changes to existing risks, including market price fluctuation risk for cross-shareholdings and other holdings. - FY2018First statedAnnual report
「Investment securities consist primarily of shares in business partners and are exposed to the risk of fluctuations in market prices. For listed shares, however, fair value is determined quarterly.」
The disclosure identifies market price fluctuation risk for investment securities, including shares in business partners, and describes quarterly fair-value measurement of listed shares as the management method.