Risk of Inability to Recover Funds and Impairment Associated with Investments and Financing, Subsidiary Establishment and M&A
First written in FY2017. 9 of 13 entries say "Materialised", first in FY2019-Q1. Latest entry: FY2025.
Money Forward moved to the "Worse" side of this theme in 2022, 1 year after the typical company in this theme (2021).
The whole theme swung hardest in 2020: 28 of 84 companies on the "Worse" side.
28 other companies' latest entry also says "Materialised".
- FY2025MaterialisedAnnual report
「During the current consolidated fiscal year, securities were impaired by ¥1,230.159 million, comprising ¥659.990 million in other securities and ¥570.169 million in securities held for operating investment purposes.」
Total impairment of ¥1,230.159 million occurred on investment securities and securities held for operating investment purposes, making the risk associated with investments and loans substantially more quantifiable than in the previous fiscal year. - FY2025-H1MaterialisedAnnual report
「Impairment loss on investment securities 24,974」
An impairment loss on investment securities of ¥24.974 million was recognized during the current interim consolidated accounting period, and impairment associated with investments and loans continued to occur. - FY2024MaterialisedAnnual report
「During the current consolidated fiscal year, securities were impaired by ¥136.267 million, comprising ¥9.999 million in other securities and ¥126.267 million in securities held for operating investment purposes.」
Total impairment of ¥136.267 million occurred on investment securities and securities held for operating investment purposes. - FY2024-Q2MaterialisedAnnual report
「Extraordinary loss Impairment loss on investment securities — 9,999」
An impairment loss on investment securities of ¥9.999 million was recognized during the cumulative second quarter of the current consolidated fiscal year, and impairment associated with investments and loans materialized. - FY2023MaterialisedAnnual report
「During the current consolidated fiscal year, securities were impaired by ¥239.839 million, all of which comprised securities held for operating investment purposes.」
Impairment of ¥239.839 million occurred on securities held for operating investment purposes, and the impairment risk associated with venture investment and investments and loans materialized. - FY2023-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
This is a comprehensive statement that there have been no material changes in the risk of non-recovery and impairment associated with investments and loans, subsidiary formation and M&A. - FY2022MaterialisedAnnual report
「During the current consolidated fiscal year, securities were impaired by ¥58.829 million, comprising ¥25.009 million in shares classified as other securities and ¥33.819 million in stock acquisition rights.」
With respect to investments and investment securities, impairment of ¥58.829 million occurred during the period. - FY2022-Q3MaterialisedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, the entire unamortized balance of the ¥832.855 million amount equivalent to goodwill related to 株式会社sustenキャピタル・マネジメント, an equity-method affiliate, was recognized as a loss on investments accounted for under the equity method because the excess earning power expected in the business plan prepared at the time of acquisition was no longer anticipated.」
The excess earning power expected at the time of acquisition of sustenキャピタル・マネジメント was no longer anticipated, and a ¥832.855 million loss on investments accounted for under the equity method was recognized. - FY2021MaterialisedAnnual report
「In addition, during the fiscal year, the shares of マネーフォワードケッサイ株式会社 were written down to their net asset value, and an impairment loss of ¥784.906 million was recognized.」
An impairment loss of ¥784.906 million was recognized on shares in a subsidiary, and the impairment risk associated with investments and loans and subsidiary businesses materialized. - FY2021-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It is stated that there have been no material changes in the risk of non-recovery and impairment associated with investments and loans, subsidiary formation and M&A. - FY2020-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It is stated that there have been no material changes in the risk of non-recovery and impairment associated with investments and loans, subsidiary formation and M&A. - FY2019-Q1MaterialisedAnnual report
「Following the decision by the Group to scale back the business of mirai talk株式会社, the Group recognized an impairment loss during the cumulative first quarter of the current consolidated fiscal year.」
An impairment loss of ¥12.533 million was recognized following the scale-back of a subsidiary's business, and the impairment risk associated with investments and loans and subsidiary businesses materialized. - FY2017First statedAnnual report
「It may be difficult to reliably forecast the impact of the condition of the businesses in which the Group invests or provides financing. If the amounts invested or financed cannot be recovered, or if a business becomes subject to impairment, this may affect the Group's operating results and financial position.」
The risk of non-recovery and impairment associated with investments and loans made in connection with subsidiary formation, joint ventures, alliances and M&A was newly disclosed as a standalone risk.