Risk of Inability to Recover Investments or Recognising Impairment Losses Due to Deterioration in Portfolio Companies' Performance
First written in FY2018. 15 of 17 entries say "Materialised", first in FY2019-Q1. Latest entry: FY2026.
Eltes moved to the "Worse" side of this theme in 2018, 2 years before the typical company in this theme (2020).
The whole theme swung hardest in 2019: 37 of 69 companies on the "Worse" side.
25 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Depending on the operating results and business conditions of investees, investments may become unrecoverable or valuation losses may arise from the application of impairment accounting, which may affect the Group’s business and results of operations.」
The company continues to disclose the risk of unrecoverable investments and valuation losses due to deterioration in investee business conditions, and describes its response of reviewing investment efficiency and the rationale for holding the investments. - 2026-04-14MaterialisedRevision to earnings forecasts
「Following a review of the decline in the actual value of shares in JAPANDX Co., Ltd., our consolidated subsidiary, we will recognize an impairment loss of ¥415 million on shares in a subsidiary as an extraordinary loss in our standalone financial results for the fourth quarter of the fiscal year ending February 2026. This exceeds the estimated amount announced on 10 April 2026.」
The company actually recognized a ¥415 million impairment loss in its standalone results due to the decline in the actual value of JAPANDX shares. Although it exceeded the estimate announced on 10 April, it is eliminated in the consolidated accounts and has no impact on consolidated results. - FY2025-H1MaterialisedAnnual report
「Valuation loss on investment securities － ¥14.588 million」
In connection with the valuation-loss risk arising from investee business conditions, the company recorded a ¥14.588 million valuation loss on investment securities in the interim consolidated accounting period. - FY2024-Q3MaterialisedAnnual report
「Valuation loss on investment securities - ¥29.999 million」
In connection with the risk of unrecoverable investments and impairment arising from investee business conditions, the company also recorded a ¥29.999 million valuation loss on investment securities in the cumulative period of the current third quarter. - FY2023MaterialisedAnnual report
「In the current consolidated fiscal year, the company recognized impairment losses of ¥39.023 million on securities, comprising ¥39.023 million on shares classified as other securities.」
In connection with the risk of unrecoverable investments and impairment arising from investee business conditions, the company also recorded a ¥39.023 million valuation loss on investment securities in the current consolidated fiscal year. - FY2023-Q3MaterialisedAnnual report
「Valuation loss on investment securities - ¥9.703 million」
In connection with the valuation-loss risk arising from investee business conditions, the company also recorded a ¥9.703 million valuation loss on investment securities in the cumulative period of the current third quarter. - FY2023-Q2MaterialisedAnnual report
「Valuation loss on investment securities － ¥9.703 million」
In connection with the valuation-loss risk arising from investee business conditions, the company also recorded a ¥9.703 million valuation loss on investment securities in the cumulative period of the current second quarter. - FY2022MaterialisedAnnual report
「In the current consolidated fiscal year, the company recognized impairment losses of ¥65.204 million on securities, comprising ¥65.204 million on shares classified as other securities.」
The valuation-loss risk arising from investee business conditions actually materialized as a ¥65.204 million valuation loss on investment securities in the current consolidated fiscal year. - FY2022-Q3MaterialisedAnnual report
「Valuation loss on investment securities ¥19.994 million ¥3.544 million」
In connection with the valuation-loss risk arising from investee business conditions, the company also recorded a ¥3.544 million valuation loss on investment securities in the cumulative period of the current third quarter. The valuation-loss risk arising from investee business conditions continues to materialize. - FY2021MaterialisedAnnual report
「In the current consolidated fiscal year, the company recognized impairment losses of ¥50.674 million on securities, comprising ¥50.674 million on shares classified as other securities.」
In connection with the risk of unrecoverable investments and impairment arising from investee business conditions, the company recorded a ¥50.674 million valuation loss on investment securities in the current consolidated fiscal year. - FY2021-Q2MaterialisedAnnual report
「Valuation loss on investment securities ¥19.994 million」
A ¥19.994 million valuation loss on investment securities arising from investee business conditions also occurred in the cumulative period of the current second quarter. - FY2021-Q1MaterialisedAnnual report
「Valuation loss on investment securities ¥19.994 million」
In connection with the valuation-loss risk arising from investee business conditions, the company also recorded a ¥19.994 million valuation loss on investment securities in the cumulative period of the current first quarter. - FY2020MaterialisedAnnual report
「Extraordinary losses Valuation loss on investment securities ¥26.448 million」
In connection with the valuation-loss risk arising from investee business conditions, the company also recorded a ¥26.448 million valuation loss on investment securities in the current consolidated fiscal year. - FY2019MaterialisedAnnual report
「Extraordinary losses Loss on sale of investment securities ¥21.290 million Valuation loss on investment securities ¥39.497 million Total extraordinary losses ¥60.788 million」
In connection with the risk of unrecoverable investments and impairment arising from investee business conditions, the company actually recorded a ¥21.290 million loss on sale of investment securities and a ¥39.497 million valuation loss as extraordinary losses for the full year. - FY2019-Q3MaterialisedAnnual report
「The company sold investment securities acquired in December 2018, consisting of one listed security. As a result, it plans to record a ¥21.290 million loss on sale of investment securities as an extraordinary loss in the fourth quarter of the consolidated accounting period for the fiscal year ending February 2019.」
The company disclosed plans to sell investment securities and record a ¥21.290 million loss on sale of investment securities as an extraordinary loss in the fourth quarter. Following the valuation-loss risk arising from investee business conditions, an investment-related loss has occurred. - FY2019-Q1MaterialisedAnnual report
「As the company recorded an extraordinary loss of ¥19.998 million from impairment of investment securities, net loss for the quarter attributable to owners of the parent was ¥16.373 million.」
The deterioration in investees’ business conditions and the impairment risk previously anticipated in connection with the investment business actually materialized as a ¥19.998 million valuation loss on investment securities. - FY2018First statedAnnual report
「Depending on the operating results and business conditions of the investees, it cannot be ruled out that the investments may become unrecoverable or that valuation losses may arise from the application of impairment accounting. In such cases, the Group’s business and results of operations may be affected.」
With the launch and expansion of the investment business, the company has for the first time disclosed, as an individual risk, the possibility that investments may become unrecoverable or incur impairment losses due to the operating results and business conditions of investees.