Risk of Valuation and Impairment Losses from M&A and Portfolio Companies Falling Short of Expectations
First written in FY2023. 6 of 7 entries say "Materialised", first in FY2024. Latest entry: FY2026.
St.Cousair moved to the "Worse" side of this theme in 2024, the same year as the typical company in this theme.
The whole theme swung hardest in 2024: 36 of 89 companies on the "Worse" side.
44 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「The company recorded a ¥14,551 thousand valuation loss on investment securities because the fair value of some investment securities it held declined.」
A valuation loss due to a decline in the fair value of investment securities also occurred in the fiscal year under review. - 2026-05-12MaterialisedRevision of earnings forecasts
「Impairment loss on investment securities 71,865 14,551」
An impairment loss on investment securities of ¥14.551 million was also recorded in the fiscal year ending March 2026. - FY2026-H1MaterialisedAnnual report
「The company recorded a ¥14,551 thousand valuation loss on investment securities because the fair value of some investment securities it held declined.」
A valuation loss due to a decline in the fair value of investment securities also occurred during the interim period under review. - FY2025MaterialisedAnnual report
「The company recorded a ¥71,865 thousand valuation loss on investment securities because the fair value of some investment securities it held declined.」
A valuation loss due to a decline in the fair value of investment securities also occurred in the fiscal year under review, increasing from ¥63,949 thousand in the previous fiscal year to ¥71,865 thousand. - FY2025-H1MaterialisedAnnual report
「The company recorded a ¥30,790 thousand valuation loss on investment securities because the fair value of some investment securities it held declined.」
A valuation loss due to a decline in the fair value of investment securities actually occurred during the interim period under review. - FY2024MaterialisedAnnual report
「The company recorded a ¥63,949 thousand valuation loss on investment securities because the fair value of some investment securities it held declined.」
A valuation loss due to a decline in the value of investment securities actually occurred during the fiscal year under review. It is presented as an actual result related to the investment valuation and impairment risk associated with M&A and other transactions. - FY2023First statedAnnual report
「If the benefits of M&A or other transactions fall short of initial expectations, the company may record valuation losses on investment securities or impairment losses on goodwill, adversely affecting its operating results and financial position.」
The company links this risk to its recording of ¥172,186 thousand in investment securities and ¥102,459 thousand in goodwill as of the end of March 2023.