Deterioration in the Performance of Equity-Method Affiliates, Including Daio Paper Corporation, and Investment Losses
First written in FY2023. 6 of 9 entries say "Mitigated", first in FY2024. Latest entry: FY2026.
The whole theme swung hardest in 2019: 2 of 7 companies on the "Worse" side.
10 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「The Company tendered shares it owned in response to Daio Paper Corporation’s purchase of treasury shares through an off-auction purchase transaction (ToSTNeT-3), transferred a portion of its holdings, and was excluded from the scope of the equity method because its influence declined.」
The company recorded an equity-method investment gain of ¥2,233 million in the current fiscal year, as investments in Daio Paper Corporation and others were excluded from the scope of equity-method accounting following the partial transfer of shares, compared with an equity-method investment loss related to those investments in the previous fiscal year. - FY2026-H1MitigatedAnnual report
「Equity in earnings of affiliates accounted for under the equity method — 1,096」
The company turned from an equity-method investment loss of ¥797 million in the interim period of the previous fiscal year to an equity-method investment gain of ¥1,096 million in the current interim consolidated accounting period. - FY2025MaterialisedAnnual report
「Equity-method investment loss — 2,703」
Having turned from equity-method investment income of ¥1,280 million in the previous fiscal year, the Company recorded an equity-method investment loss of ¥2,703 million related to equity-method affiliates, including Daio Paper Corporation, in the current fiscal year. - FY2025-H1MaterialisedAnnual report
「Equity-method investment loss — 797」
Having turned from equity-method investment income in the previous fiscal year, the Company recorded an equity-method investment loss of ¥797 million in the interim period. - FY2024MitigatedAnnual report
「Ordinary income increased, mainly due to an improvement in equity-method investment income. Equity-method investment income 1,289」
After recording an equity-method investment loss of ¥8,609 million in the previous fiscal year due to impairment losses and other factors at Daio Paper Corporation, the Company recorded equity-method investment income of ¥1,289 million in the current fiscal year. - FY2023MaterialisedAnnual report
「We recognized an equity-method investment loss of ¥8,611 million, including the impact of Daio Paper Corporation’s recognition of impairment losses on certain goodwill and other fixed assets.」
Impairment losses at equity-method affiliates resulted in an equity-method investment loss of ¥8,609 million recognized as a non-operating expense and reduced ordinary income and net income.