Failure of investees and borrowers to achieve expected benefits and deterioration in performance
First written in FY2017. 5 of 8 entries say "Materialised", first in FY2019. Latest entry: FY2026.
Digital Information Technologies moved to the "Worse" side of this theme in 2019, 1 year before the typical company in this theme (2020).
The whole theme swung hardest in 2019: 37 of 69 companies on the "Worse" side.
40 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「For the consolidated fiscal year, the Company recognized an impairment loss of ¥77.253 million on investment securities, comprising ¥77.253 million on shares classified as other securities.」
The decline in the value of investees and investment securities was recognized in the accounts as a ¥77.253 million valuation loss. - FY2024RestatedAnnual report
「The Group may invest in or lend to customer companies, business partners (external contractors) and others in anticipation of synergies with its future businesses and stronger relationships. Although the Group conducts investigations and reviews before making such investments or loans, the expected benefits may not be achieved.」
The Company continues to disclose the risk of impairment arising from failure to achieve the expected benefits of investments and loans or from deterioration in the performance of investees. - FY2020MaterialisedAnnual report
「For the consolidated fiscal year, the Company recognized an impairment loss of ¥22.729 million on other securities (unlisted shares).」
For the consolidated fiscal year, the Company recognized an impairment loss of ¥22.729 million on investments and investment securities, reflecting an accounting loss in the value of investees. - FY2019MaterialisedAnnual report
「For the consolidated fiscal year, profit before income taxes was ¥1,038.162 million following the recognition of a ¥68.270 million valuation loss on investment securities.」
For the consolidated fiscal year, a ¥68.270 million valuation loss was recognized on investments and investment securities, reflecting an accounting loss in the value of investees. - FY2018RestatedAnnual report
「The Group may invest in or lend to customer companies, business partners (outsourced service providers) and others in anticipation of synergies with its future businesses and stronger relationships. Although the Group conducts investigations and reviews before making such investments or loans, the expected benefits may not be achieved. In addition, if the performance of an investee deteriorates, impairment may be required, which could affect the Group's business activities and results.」
The Company has reiterated the risk of impairment arising from failure to achieve the expected benefits of investments and loans to customer companies and business partners, or from deterioration in the performance of investees. - FY2017First statedAnnual report
「The Group may invest in or lend to customer companies, business partners (outsourced service providers) and others in anticipation of synergies with its future businesses and stronger relationships. Although the Group conducts investigations and reviews before making such investments or loans, the expected benefits may not be achieved. In addition, if the performance of an investee deteriorates, impairment may be required, which could affect the Group's business activities and results.」
The Company has newly disclosed the risk of impairment arising from failure to achieve the expected benefits of investments and loans to customer companies and business partners, or from deterioration in the performance of investees.