Market Volatility Risk Relating to Securities Held
First written in FY2017. 2 of 4 entries say "Materialised", first in FY2019. Latest entry: FY2025.
Denka moved to the "Worse" side of this theme in 2025, 4 years after the typical company in this theme (2021).
The whole theme swung hardest in 2019: 43 of 83 companies on the "Worse" side.
47 other companies' latest entry also says "Materialised".
- FY2025MaterialisedAnnual report
「During the current consolidated fiscal year, impairment losses of ¥1.110 billion were recognized on investment securities.」
Risks associated with market fluctuations in securities held materialized as ¥1.110 billion in impairment losses. - FY2021RestatedAnnual report
「Investment securities consist mainly of shares in companies with which the Company has business relationships and are exposed to market-price fluctuation risk.」
The risk of fluctuations in the market prices of shares in companies with which the Company has business relationships continues to be recognized. - FY2019MaterialisedAnnual report
「During the current consolidated fiscal year, impairment losses of ¥211 million were recognized on securities.」
The market risk associated with securities held materialized as ¥211 million in impairment losses. - FY2017First statedAnnual report
「If a substantial decline in stock prices, deterioration in the financial position or bankruptcy of an investee company, or another event causes the value of shares to fall significantly with no prospect of recovery, impairment losses and valuation losses on the shares may adversely affect our group's operating performance and financial position.」
The risk of impairment and valuation losses on policy-held shares intended to build and maintain relationships with business partners due to market declines or deterioration in the financial position of issuing companies is described.