Risks of Recovering Venture Investments and Fund Contributions and of Misconduct at Investee Companies
First written in FY2019. 1 of 5 entries say "Advanced", first in FY2026. Latest entry: FY2026.
The whole theme swung hardest in 2018: 3 of 8 companies on the "Worse" side.
1 other company's latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In the fiscal year ended March 2020, we established a fund for venture investment. We also established funds in the fiscal years ended March 2023, March 2024 and March 2026 to produce entrepreneurs and make venture investments. Within the scope of the contribution amounts and investment periods, various risks relating to these funds may materialize.」
It was explicitly stated that a fund intended to produce entrepreneurs and make venture investments was also established in the fiscal year ended March 2026, updating the investments covered by the exposure. - FY2024A new fund was also established in the fiscal year ended March 2024Annual report
「In the fiscal year ended March 2020, we established a fund for venture investment. We also established funds in the fiscal years ended March 2023 and March 2024 to produce entrepreneurs and make venture investments. Within the scope of the contribution amounts and investment periods, various risks relating to these funds may materialize.」
In addition to the existing fund and the new fund for the fiscal year ended March 2023, the company stated that it established a fund in the fiscal year ended March 2024 to produce entrepreneurs and make venture investments, updating the investments covered by its exposure. - FY2023Decision to invest in a new fundAnnual report
「In the fiscal year ended March 2020, we established a fund for venture investment with contributions on the order of ¥10 billion. In the fiscal year ended March 2023, we also decided to invest in a newly established fund intended to produce entrepreneurs and make venture investments. Within the scope of the contribution amounts and investment periods, various risks relating to these funds may materialize.」
In addition to the existing fund with contributions on the order of ¥10 billion, the company disclosed a decision to invest in a new fund intended to produce entrepreneurs and make venture investments. - FY2021Fund size specifiedAnnual report
「In the previous consolidated fiscal year, we established a fund for venture investment with contributions on the order of ¥10 billion. Within the scope of the contribution amount and investment period, various risks relating to the fund may materialize.」
The contribution size of the fund established in the previous consolidated fiscal year for venture investment was specified as being on the order of ¥10 billion. - FY2019First statedAnnual report
「Our group makes venture investments and contributions to funds to nurture and support companies with high growth potential from an early stage.」
For venture investments and fund contributions, the company identifies the risk of failure to recover investments due to the market environment, development capabilities or management capabilities of investee companies, and the risk of reputational damage caused by inappropriate conduct by investee companies.