Risk of Decline in the Fair Value of Securities Held for Investment
First written in FY2020. 4 of 10 entries say "Mitigated", first in FY2021. Latest entry: FY2023-Q3.
The whole theme swung hardest in 2024: 9 of 12 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2023-Q3MitigatedAnnual report
「In the investment business, the share prices of listed companies held, mainly growth stocks, recovered. …As a result, revenue from the investment business for the first three months of the current consolidated fiscal year was ¥127 million (negative ¥147 million in the same period of the previous year), and segment profit was ¥126 million (negative ¥158 million in the same period of the previous year).」
The company states that investment-business revenue and segment profit turned positive as the share prices of its holdings recovered, after the business had incurred losses due to weak share prices through the previous fiscal year. - FY2023MitigatedAnnual report
「In the investment business, the share prices of listed companies held, mainly growth stocks, recovered, and revenue turned positive.」
The company states that investment-business revenue turned positive as share prices recovered, after the business had incurred losses due to weak share prices through the previous consolidated fiscal year. - FY2023-Q1MitigatedAnnual report
「In the investment business, the share prices of listed companies held, mainly growth stocks, remained firm, narrowing the negative investment-business revenue.」
The weak performance of share prices, mainly among growth stocks, that had continued through the previous quarter was replaced in the current quarter by firm share prices, narrowing the negative investment-business revenue. - FY2022-Q4MaterialisedAnnual report
「In the investment business, the share prices of some of the listed companies held, mainly growth stocks, continued to be weak, and valuation losses were recognized on some unlisted shares held.」
Share prices of listed investees remained weak, and valuation losses were also recognized on unlisted shares. Investment-business revenue was negative ¥192 million, and the segment loss was ¥208 million. - FY2022-Q3MaterialisedAnnual report
「In the investment business, the share prices of some of the listed companies held, mainly growth stocks, remained weak. As a result, revenue from the investment business for the first three months of the current consolidated fiscal year was negative ¥147 million, and the segment loss was ¥158 million.」
Weak share prices among some investees, mainly growth stocks, continued, resulting in investment-business revenue of negative ¥147 million and a segment loss of ¥158 million. - FY2022MaterialisedAnnual report
「In the investment business, the share prices of some of the listed companies held, mainly growth stocks, remained weak. As a result, revenue from the investment business for the current consolidated fiscal year was negative ¥216 million, and the segment loss was ¥226 million.」
Weak share prices among some growth-stock investees were reflected in investment-business revenue of negative ¥216 million and a segment loss of ¥226 million. - FY2022-Q1WorsenedAnnual report
「In the investment business, the share prices of some of the companies held, mainly growth stocks, were weak.」
While the previous consolidated fiscal year stated that the share prices of listed investee companies remained firm, the current quarter states that the share prices of some holdings, mainly growth stocks, were weak. - FY2021MitigatedAnnual report
「In the investment business, we accelerated collaboration with investee companies in the DX field, while the share prices of listed investee companies remained firm.」
The full-year explanation has been updated from the weak performance of some growth stocks noted in the previous quarter to an assessment that the share prices of listed investee companies remained firm. - FY2021-Q3WorsenedAnnual report
「In the investment business, although the share prices of listed investee companies remained firm during the first nine months of the second quarter of the fiscal year (1 October 2020 to 31 March 2021), during the third quarter accounting period (1 April 2021 to 30 June 2021), the share prices of some of the companies held, mainly growth stocks, were weak.」
The company states that during the third quarter accounting period, the share prices of some holdings, mainly growth stocks, were weak. - FY2020First statedAnnual report
「If the fair value of shares in investee companies declines, this may affect our group’s business and performance. To address declines in the fair value of these shares, we conduct thorough research and deliberation through the Investment Committee when making investments, and the Board of Directors makes careful decisions on investments and whether to continue holding them.」
Because operating investment securities are measured at fair value under IFRS, the company newly discloses the risk of a decline in fair value and the decision-making procedures of the Investment Committee and the Board of Directors.