Impairment Losses on Unlisted Shares and Valuation Risk
First written in FY2021. 5 of 10 entries say "Materialised", first in FY2021. Latest entry: FY2026.
Kichiri Holdings & moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
The whole theme swung hardest in 2026: 36 of 81 companies on the "Worse" side.
33 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「During the fiscal year under review, we recorded impairment losses of ¥36.911 million on investment securities, all of which related to shares classified as other securities.」
The company recorded ¥36.911 million in losses on valuation of investment securities, meaning that the valuation-loss risk associated with deteriorating performance and financial condition at the investment companies materialised as an actual loss. - FY2026-H1MaterialisedAnnual report
「Losses on valuation of investment securities — 17,802」
Losses on valuation of investment securities of ¥17.802 million were recorded for the six-month period under review, meaning that the valuation-loss risk associated with deteriorating performance and financial condition at the investment companies materialised as an actual loss. - FY2025RestatedAnnual report
「If the investee's results continue to fall below its business plan due to poor performance or deterioration in its financial position, it may become necessary to recognize an impairment loss on investment securities in the following consolidated fiscal year.」
No valuation loss was recorded during the fiscal year under review, but the risk of valuation losses if the performance or financial condition of unlisted companies deteriorates remains. - FY2024RestatedAnnual report
「If the investee's results continue to fall below its business plan due to poor performance or deterioration in its financial position, it may become necessary to recognize an impairment loss on investment securities in the following consolidated fiscal year.」
No valuation loss was recorded during the fiscal year under review, but the risk of valuation losses if the performance or financial condition of unlisted companies deteriorates remains. - FY2023MitigatedAnnual report
「Fiscal year under review (1 July 2022 to 30 June 2023) There are no applicable matters.」
No impairment losses on investment securities were recorded during the fiscal year under review, so the valuation loss recorded in the previous fiscal year of ¥1.631 million was eliminated. However, the valuation risk relating to unlisted shares continues. - FY2022MitigatedAnnual report
「During the fiscal year under review, we recorded impairment losses of ¥1.631 million on securities, all of which related to shares classified as other securities.」
Losses on valuation of unlisted shares and other securities decreased from ¥33.681 million in the previous fiscal year to ¥1.631 million. However, the risk of additional valuation losses if poor performance at the investment companies continues remains. - FY2021MaterialisedAnnual report
「During the consolidated fiscal year, we recognized impairment losses of ¥33,681 thousand on securities, including ¥7,514 thousand on shares classified as other securities. If the performance and financial condition of an investee deteriorate and its results continue to fall below its business plan, we may need to recognize an impairment loss on investment securities in the following consolidated fiscal year.」
The company recognized an impairment loss of ¥33,681 thousand on investment securities and disclosed the risk of additional impairment if investees' performance or financial condition deteriorates.