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iRidge (3917) · RiskMaterialised

Impairment of Securities Investments Due to COVID-19

First written in FY2021-Q3. 3 of 3 entries say "Materialised", first in FY2021-Q3. Latest entry: FY2024.

3entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseMaterialisedFY2021-Q3 – FY20242021: 220212022: 020222023: 020232024: 12024
Same theme, other companies
Financial Asset Valuation Risk Arising from COVID-19A theme 3 companies write about · 3 as a headwind · 0 as a tailwind

iRidge moved to the "Worse" side of this theme in 2021.

0 other companies' latest entry also says "Materialised".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2024MaterialisedAnnual report

    「Net loss attributable to owners of the parent was ¥1,156.225 million, due mainly to the recognition of a ¥514.167 million loss on valuation of investment securities and a ¥313.068 million impairment loss on goodwill as extraordinary losses.」

    The risk of a decline in the value of investment securities held by investees materialized as an actual full-year loss on valuation of ¥514.167 million.
  2. FY2021MaterialisedAnnual report

    「During the consolidated fiscal year, the company recognized impairment losses and recorded a ¥59.62 million loss on valuation of investment securities, including ¥50.8 million in securities for which fair value was deemed extremely difficult to determine.」

    The loss on valuation of investment securities held by investees was finalized at ¥50.8 million for the third quarter and ¥59.62 million for the full fiscal year.
  3. FY2021-Q3MaterialisedAnnual report

    「In addition, the company recognized impairment losses on investment securities held by certain investees affected by the spread of COVID-19, recording ¥50.8 million as an extraordinary loss under loss on valuation of investment securities.」

    The company recorded a ¥50.8 million loss on valuation of investment securities held by certain investees affected by the spread of COVID-19, meaning the risk of a decline in the value of investees materialized as an actual loss.
Moved together

"Postponement and Cancellation of Projects and Impact on Business Performance Due to the Spread of COVID-19" moved the same way as this thread, in the same document, in 3 of its 3 moves.

322222★123456
  1. ★This thread
  2. 1Postponement and Cancellation of Projects and Impact on Business Performance Due to the Spread of COVID-193×
  3. 2Early Increases in Recruitment, Personnel and In-House Development Costs2×
  4. 3Revenue growth alongside declining profit2×
  5. 4Additional Investment in New Services and New Businesses and Delayed Monetization2×
  6. 5Impairment of Goodwill and Other Assets Due to Unrecognized Liabilities and Failure to Meet Business Plans Following M&A2×
  7. 6Deterioration in Project Profitability Due to Changes in Acceptance Timing and Specifications2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Impairment of Securities Investments Due to COVID-19 | iRidge,Inc. (3917) | Komori