Impairment Risk for Investment Securities
First written in FY2019. 2 of 3 entries say "Materialised", first in FY2023-Q3. Latest entry: FY2025.
Wellnet moved to the "Worse" side of this theme in 2023, 1 year after the typical company in this theme (2022).
The whole theme swung hardest in 2017: 8 of 23 companies on the "Worse" side.
24 other companies' latest entry also says "Materialised".
- FY2025MaterialisedAnnual report
「The Company recognized an impairment loss of ¥69.167 million on investment securities.」
The impairment risk for investment securities materialized during the fiscal year as an impairment loss of ¥69.167 million. - FY2023-Q3MaterialisedAnnual report
「Impairment loss on investment securities - ¥63.891 million」
The Company recorded an impairment loss of ¥63.891 million on investment securities during the cumulative third quarter period, indicating that the impairment risk has materialized as an actual loss. - FY2019First statedAnnual report
「For securities with market values, the Company recognizes impairment losses in all cases when the market value has declined by 50% or more from the acquisition cost. When the decline is approximately 30% to 50%, the Company recognizes an impairment loss unless it comprehensively determines that recovery is possible.」
The Company describes impairment assessment criteria for investment securities based on market value declines of 30% to 50% and 50% or more, as well as impairment risks arising from deteriorating market conditions and other factors.