Risk of price declines and impairment of strategic shareholdings
First written in FY2019. 1 of 2 entries say "Materialised", first in FY2022. Latest entry: FY2022.
Ibiden moved to the "Worse" side of this theme in 2022, 2 years after the typical company in this theme (2020).
The whole theme swung hardest in 2019: 37 of 69 companies on the "Worse" side.
40 other companies' latest entry also says "Materialised".
- FY2022MaterialisedAnnual report
「During the current consolidated fiscal year, the company recognized ¥630 million in impairment losses on other securities.」
The risk related to falling prices and reduced recoverability of strategic shareholdings materialized as ¥630 million in valuation losses on securities. - FY2019First statedAnnual report
「If the value of the shares held declines significantly due to a substantial fall in the stock market or deterioration in the financial condition or bankruptcy of an investee, and recovery is deemed unlikely, the resulting impairment and valuation losses on the shares held could affect the operating results and financial condition of the Group.」
The company identifies as a business risk the possibility of impairment and valuation losses on strategic shareholdings due to falling market prices, deterioration in investees' financial condition or bankruptcy.