Use of Funds for M&A and Capital Investment and Monetization
First written in FY2017. 8 of 15 entries say "Materialised", first in FY2019-Q2. Latest entry: FY2026.
Media Do moved to the "Worse" side of this theme in 2021, 1 year before the typical company in this theme (2022).
The whole theme swung hardest in 2019: 10 of 27 companies on the "Worse" side.
26 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Impairment losses were recognized on the goodwill, property, plant and equipment, and intangible assets of 株式会社日本文芸社 because, based on an assessment of the company's performance trends and future business plans, it was determined that recovery of those assets would be difficult.」
Regarding the risk of monetizing investments and M&A, an impairment loss of ¥328 million was recognized because recovery of 株式会社日本文芸社's assets was considered difficult. - FY2025MaterialisedAnnual report
「During the consolidated fiscal year, ¥482 million in impairment losses on goodwill and other assets related to consolidated subsidiaries in the strategic investment business was recognized as an extraordinary loss, while」
Regarding the risk of monetizing investments and M&A, an impairment loss of ¥482 million was recognized during the period. The amounts recorded for investment items at period-end were ¥624 million in software, ¥4,198 million in goodwill and ¥5,669 million in investment securities. - FY2024MaterialisedAnnual report
「During the consolidated fiscal year, the company recorded ¥1,015 million in impairment losses and ¥716 million in valuation losses on investment securities as extraordinary losses related to the Strategic Investment Business.」
The risks of monetizing M&A transactions, new businesses and investments materialized as ¥1,015 million in impairment losses and ¥716 million in valuation losses on investment securities. - FY2023-Q3MaterialisedAnnual report
「During the cumulative third quarter, the company recognized impairment losses on goodwill related to its consolidated subsidiary 株式会社Nagisa and on software related to the social video-viewing app "GREET※," whose service ended in December 2022.」
The risk of monetizing investments and new businesses has actually materialized as impairment losses related to Nagisa and GREET. - FY2022MaterialisedAnnual report
「During the cumulative second quarter, the company recorded an extraordinary loss, comprising an impairment loss of ¥394 million, related to its consolidated subsidiary 株式会社Nagisa.」
The risk of Nagisa failing to meet its business plan and recover the investment actually materialized as a ¥394 million impairment loss. In addition, the company recorded a ¥10 million impairment loss for フライヤー. - FY2021MaterialisedAnnual report
「In light of recording extraordinary losses, including a ¥1,216 million valuation loss on investment securities, in the fiscal year ending February 2019, the company established the above investment committee and formulated an investment strategy policy to improve the rationality of its investment decisions.」
In light of the past ¥1,216 million valuation loss on investment securities, it indicates the measures taken to establish an investment committee and an investment strategy policy. - FY2021-Q3MaterialisedAnnual report
「Valuation loss on investment securities: ¥27 million」
During the cumulative third quarter, the company recorded a ¥27 million valuation loss on investment securities. - FY2020Update to investment valuation lossesAnnual report
「The company recorded a ¥180 million valuation loss on investment securities and a ¥114 million loss on equity-method investments due to a valuation loss on shares of an associate.」
It recorded a ¥180 million valuation loss on investment securities and a ¥114 million loss on equity-method investments due to a valuation loss on shares of an associate, updating the losses associated with investment activities. - FY2019-Q3Update to valuation losses on investment securitiesAnnual report
「The company recorded a ¥466.028 million valuation loss on investment securities for shares acquired through the capital and business alliance with CreatubblesPte.Ltd., because the recoverability of their net asset value was not considered likely. It also recorded a ¥538.748 million valuation loss on investment securities for shares in Internet Research Institute Ltd acquired through the capital and business alliance with the IRI Group, because their fair value had fallen significantly compared with their carrying value.」
For investments associated with capital and business alliances, it recorded valuation losses on investment securities of ¥466.028 million on Creatubbles shares and ¥538.748 million on IRI-related shares, for a total of ¥1,004.776 million. - FY2019-Q2MaterialisedAnnual report
「Of the investment securities held by the company, it recorded a ¥466.028 million valuation loss on investment securities for shares acquired through the capital and business alliance with CreatubblesPte.Ltd., because the recoverability of their net asset value was not considered likely. It also recorded a ¥515.875 million valuation loss on investment securities for shares in Internet Research Institute Ltd acquired through the capital and business alliance with the IRI Group, because their fair value had fallen significantly compared with their carrying value.」
For investments associated with capital and business alliances, it actually recorded total valuation losses of ¥981.903 million on shares related to Creatubbles and IRI. - FY2018RestatedAnnual report
「If an investee is unable to develop its business as anticipated at the time of investment, impairment losses on goodwill, property, plant and equipment and intangible assets arising from the investment, as well as valuation losses on financial assets such as shares, may arise, potentially affecting the Group's business performance and financial condition.」
It continues to disclose the risks of impairment and valuation losses if investments such as M&A transactions and capital alliances fail to generate the expected returns. - FY2018-Q3RestatedAnnual report
「In addition, if an investee is unable to develop its business as anticipated at the time of investment, impairment losses on goodwill, property, plant and equipment and intangible assets arising from the investment, as well as valuation losses on financial assets such as shares, may arise, potentially affecting the Group's business performance and financial condition.」
It continues to disclose the risks of impairment losses and valuation losses on financial assets if an investee is unable to develop its business as anticipated. - FY2018-Q2RestatedAnnual report
「In addition, if an investee is unable to develop its business as anticipated at the time of investment, impairment losses on goodwill, property, plant and equipment and intangible assets arising from the investment, as well as valuation losses on financial assets such as shares, may arise, potentially affecting the Group's business performance and financial condition.」
It continues to indicate the risks of impairment losses and valuation losses on financial assets if an investee's business does not progress as anticipated, even after the expansion of investment activities. - FY2018-Q1RestatedAnnual report
「If an investee is unable to develop its business as anticipated at the time of investment, impairment losses on goodwill, property, plant and equipment and intangible assets arising from the investment, as well as financial assets such as shares, may arise, potentially affecting the Group's business performance and financial condition.」
Even after the scope of consolidation expanded, it continues to disclose the risk of impairment losses and other effects if an investee is unable to develop its business as anticipated after an acquisition or becoming a subsidiary. - FY2017First statedAnnual report
「The Company plans to use its funds for M&A, capital alliances, additional office space accompanying an increase in personnel, and system-related capital expenditure. However, these investments may not necessarily generate the expected returns if the economic environment changes, competitors enter the market, unforeseen events occur, the intended use of funds changes, or new businesses fail to progress as planned.」
Indicates that M&A, capital alliances, additional office space and system investments may fail to progress as planned and generate the expected returns.