Investment Recovery Risk in the Investment Development Business
First written in FY2018-Q3. 1 of 2 entries say "Materialised", first in FY2019. Latest entry: FY2019.
CHANGE Holdings moved to the "Worse" side of this theme in 2019, 4 years before the typical company in this theme (2023).
The whole theme swung hardest in 2024: 9 of 12 companies on the "Worse" side.
7 other companies' latest entry also says "Materialised".
- FY2019MaterialisedAnnual report
「An impairment loss of ¥24,847 thousand was recognised on investment securities.」
The disclosure states that investment securities were impaired and that a decline in investment value occurred in the results. - FY2018-Q3First statedAnnual report
「However, the companies and other entities in which the Company invests face uncertainties regarding their future prospects. If they fail to achieve the expected results and their performance deteriorates, including as a result of changes in the market environment, the investments may not be recoverable and could affect the Company's business and operating results.」
For the investment development business, the risk that expected results may not be achieved and investments may not be recovered due to uncertainty regarding investees' future prospects and the market environment has been disclosed for the first time.