Impairment Risk for Investment Securities Due to Uncertainty in Investee Business Plans
First written in FY2023. 4 of 7 entries say "Worsened", first in FY2025. Latest entry: FY2026.
Pr Times moved to the "Worse" side of this theme in 2024, the same year as the typical company in this theme.
The whole theme swung hardest in 2023: 6 of 13 companies on the "Worse" side.
3 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「In the consolidated fiscal year, impairment losses of ¥117.469 million were recognized on securities (¥117.469 million in shares classified as other securities).」
Regarding the impairment risk arising from a decline in the investee's business plan performance or net asset value, losses on valuation of investment securities increased to ¥117.469 million from ¥110.066 million in the previous fiscal year. - FY2026-H1MaterialisedAnnual report
「Losses on valuation of investment securities － 27,463」
In connection with the impairment risk arising from a decline in the investee's business plan performance or net asset value, losses on valuation of investment securities of ¥27.463 million were recognized in the current interim consolidated accounting period. - FY2025WorsenedAnnual report
「In the consolidated fiscal year, impairment losses of ¥110.066 million were recognized on securities (¥110.066 million in shares classified as other securities).」
Regarding the impairment risk arising from a decline in the investee's business plan performance or net asset value, losses on valuation of investment securities increased to ¥110.066 million from ¥14.625 million in the previous fiscal year. - FY2024MaterialisedAnnual report
「In the consolidated fiscal year, impairment losses of ¥14.625 million were recognized on securities (¥14.625 million in shares classified as other securities).」
With respect to the disclosed risk that impairment losses could arise from a decline in the investee's net asset value, losses on valuation of investment securities of ¥14.625 million were recognized in the consolidated fiscal year. - FY2023First statedAnnual report
「Shares and other securities without market prices are recorded at their acquisition cost, which reflects the excess earning power expected from the investee's future growth at the time of acquisition. If the investee's business fails to progress as planned, impairing the excess earning power recognized at acquisition, and the net asset value declines substantially, an impairment loss is recognized.」
The possibility that impairment losses may be required for unlisted shares due to progress against the investee's business plan or a decline in net asset value was disclosed as a new risk. Losses on valuation of investment securities of ¥49.399 million were recognized during the year, but the Company's wording does not expressly establish a direct causal relationship with this risk disclosure.