Recognition of impairment losses on investment securities
ASTERIA Corporation. SpaceX, an investee company in which the company has invested through its wholly owned investment subsidiary Asteria AI & Robotics Inc.
Investment in SpaceX
As a result of the fair value measurement
A ¥284 million valuation loss on investment securities. For the cumulative second quarter, the ¥2,050 million valuation gain in the first quarter resulted in a net valuation gain of ¥1,766 million, recorded as “Other income” in the consolidated statement of income.
Second-quarter consolidated accounting period of the fiscal year ending March 2027 (1 July 2026–30 September 2026). On a cumulative basis, the cumulative second-quarter consolidated accounting period of the fiscal year ending March 2027 (1 April 2026–30 September 2026)
| Item | Details |
|---|---|
| Event name | Recognition of impairment losses on investment securities |
| Date of occurrence | 1 July 2026–30 September 2026 (second-quarter consolidated accounting period of the fiscal year ending March 2027) |
| Subject Entity | ASTERIA Corporation. SpaceX, an investee company in which the company has invested through its wholly owned investment subsidiary Asteria AI & Robotics Inc. |
| Target Locations / Products | Investment in SpaceX |
| Cause | As a result of the fair value measurement |
| Amount of Impact on Business Performance | A ¥284 million valuation loss on investment securities. For the cumulative second quarter, the ¥2,050 million valuation gain in the first quarter resulted in a net valuation gain of ¥1,766 million, recorded as “Other income” in the consolidated statement of income. |
| Accounting period in which recognized | Second-quarter consolidated accounting period of the fiscal year ending March 2027 (1 July 2026–30 September 2026). On a cumulative basis, the cumulative second-quarter consolidated accounting period of the fiscal year ending March 2027 (1 April 2026–30 September 2026) |
Items this document does not state (18)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The company explained that the fair value measurement resulted in a ¥284 million valuation loss on investment securities.