Revenue Decline and Swing to Loss in the Business Investment Segment
First written in FY2018-Q2. 14 of 32 entries say "Advanced", first in FY2018-Q3. Latest entry: 2026-08-04.
Dream Incubator moved to the "Worse" side of this theme in 2019.
1 other company's latest entry also says "Worsened".
- FY2026-H1AdvancedAnnual report
「During the interim consolidated accounting period, the Company realized capital gains from 1 trade sale. As a result, revenue for the interim period was ¥795 million (¥623 million in the same period of the previous fiscal year), and segment profit was ¥459 million (¥431 million in the same period of the previous fiscal year).」
The venture investment segment realized capital gains from 1 trade sale, with revenue increasing from ¥623 million to ¥795 million and segment profit increasing from ¥431 million to ¥459 million. - FY2025AdvancedAnnual report
「During the fiscal year, the Company realized capital gains from 3 appropriate trade sales based on its medium-term management plan. As a result, revenue for the fiscal year was ¥728 million (¥344 million in the previous fiscal year), and segment profit was ¥293 million (a segment loss of ¥1,929 million in the previous fiscal year).」
The Company realized capital gains from 3 trade sales, and revenue in the venture investment segment increased from ¥344 million to ¥728 million, while segment results turned from a ¥1,929 million loss to a ¥293 million profit. - FY2025-H1AdvancedAnnual report
「During the interim consolidated accounting period, the Company realized capital gains from 2 trade sales based on its medium-term management plan. As a result, revenue for the interim period was ¥623 million (¥326 million in the same period of the previous fiscal year), and segment profit was ¥431 million (a segment loss of ¥437 million in the same period of the previous fiscal year).」
As a result of realizing capital gains from 2 trade sales, revenue in the venture investment segment increased from ¥326 million to ¥623 million, and results turned from a ¥437 million loss to a ¥431 million profit. - FY2024WorsenedAnnual report
「During the fiscal year, the Company realized capital gains through appropriate trade sales based on its medium-term management plan, while recording ¥1,792 million in impairment losses due to declines in the value of 18 portfolio companies. As a result, revenue for the fiscal year was ¥344 million (¥1,915 million in the previous fiscal year), and the segment loss (operating loss) was ¥1,929 million (segment profit (operating profit) of ¥375 million in the previous fiscal year).」
Revenue in the venture investment segment declined from ¥1,915 million to ¥344 million, and results turned from a profit to a ¥1,929 million loss. The Company also recorded ¥1,792 million in impairment losses on 18 portfolio companies. - FY2024-Q3WorsenedAnnual report
「As a result, revenue for the cumulative third quarter was ¥334 million (¥1,914 million in the same period of the previous fiscal year), and the segment loss (operating loss) was ¥904 million (segment profit (operating profit) of ¥861 million in the same period of the previous fiscal year).」
Although the venture investment segment realized capital gains and other gains from trade sales, revenue declined from ¥1,914 million to ¥334 million and results turned from an ¥861 million profit to a ¥904 million loss. - FY2024-Q2WorsenedAnnual report
「As a result, revenue for the cumulative second quarter was ¥326 million (¥1,177 million in the same period of the previous fiscal year), and the segment loss (operating loss) was ¥437 million (segment profit (operating profit) of ¥362 million in the same period of the previous fiscal year).」
Although the venture investment segment realized capital gains and other gains from trade sales, revenue declined from ¥1,177 million to ¥326 million and results turned from a ¥362 million profit to a ¥437 million loss, partly due to ¥390 million in impairment losses recorded on 3 portfolio companies. - FY2024-Q1WorsenedAnnual report
「As a result, revenue for the cumulative first quarter was ¥212 million (¥203 million in the same period of the previous fiscal year), and the segment loss (operating loss) was ¥17 million (segment profit (operating profit) of ¥80 million in the same period of the previous fiscal year).」
Revenue in the venture investment segment increased slightly, while segment results turned from an ¥80 million profit in the same period of the previous fiscal year to a ¥17 million loss. - FY2023AdvancedAnnual report
「During the fiscal year, the Company realized capital gains through active trade sales based on its medium-term management plan, while also recording impairment losses due to declines in the value of certain portfolio investments. As a result, revenue for the fiscal year was ¥1,915 million (up 129.2% year on year), and segment profit (operating profit) was ¥375 million (a segment loss (operating loss) of ¥168 million in the previous fiscal year).」
Through active trade sales, the venture investment segment turned from a ¥168 million loss in the previous fiscal year to a ¥375 million profit. - FY2023-Q3AdvancedAnnual report
「As a result, revenue for the cumulative third quarter was ¥1,914 million (¥772 million in the same period of the previous fiscal year), and segment profit (operating profit) was ¥861 million (¥140 million in the same period of the previous fiscal year).」
The venture investment segment exceeded the same period of the previous fiscal year in both revenue and segment profit as a result of realizing capital gains from multiple trade sales. At the same time, the Company recorded impairment losses on portfolio investments. - FY2023-Q2AdvancedAnnual report
「As a result, revenue for the cumulative second quarter was ¥1,177 million (¥329 million in the same period of the previous fiscal year), and segment profit (operating profit) was ¥362 million (a segment loss (operating loss) of ¥124 million in the same period of the previous fiscal year).」
The Company realized capital gains from multiple trade sales, and the venture investment segment turned from a ¥124 million loss in the same period of the previous fiscal year to a ¥362 million profit. At the same time, the Company recorded impairment losses due to declines in the value of portfolio investments. - FY2023-Q1AdvancedAnnual report
「During the cumulative first quarter, the Company realized capital gains and other gains from multiple trade sales. As a result, revenue for the cumulative first quarter was ¥203 million (¥33 million in the same period of the previous fiscal year), and segment profit (operating profit) was ¥80 million (a segment loss (operating loss) of ¥115 million in the same period of the previous fiscal year).」
As a result of realizing capital gains and other gains from multiple trade sales, the venture investment segment turned from a ¥115 million loss in the same period of the previous fiscal year to an ¥80 million profit. - FY2022Revenue decline and narrower lossAnnual report
「Although the Company realized multiple capital gains, including from the sale of shares in connection with the IPO of Slogan Inc. and a trade sale of shares in an Indian portfolio company, the amount of capital gains fell short of expectations because a large company expected to conduct an IPO withdrew its listing application shortly before the fiscal year-end. As a result, revenue for the fiscal year was ¥835 million (¥1,091 million in the previous fiscal year), and the segment loss (operating loss) was ¥168 million (a segment loss (operating loss) of ¥1,382 million in the previous fiscal year).」
Revenue in the venture investment segment declined, while the loss narrowed from ¥1,382 million to ¥168 million. The Company realized gains on multiple sales, but the withdrawal of a listing application by a large IPO candidate caused results to fall short of expectations. - FY2022-Q3AdvancedAnnual report
「During the third quarter, the Company realized capital gains from the sale of shares in connection with the IPO of Slogan Inc. and from a trade sale by an Indian portfolio company. As a result, revenue for the cumulative third quarter was ¥772 million (¥970 million in the same period of the previous fiscal year), and segment profit (operating profit) was ¥140 million (a segment loss (operating loss) of ¥582 million in the same period of the previous fiscal year).」
Although revenue declined, the venture investment segment turned from a ¥582 million loss to a ¥140 million profit as a result of the IPO share sale and the trade sale by the Indian portfolio company. - FY2022-Q2Revenue decline and narrower lossAnnual report
「As a result, revenue for the cumulative second quarter of the fiscal year was ¥329 million (¥949 million in the same period of the previous fiscal year), and the segment loss (operating loss) was ¥124 million (a segment loss (operating loss) of ¥384 million in the same period of the previous fiscal year).」
Revenue in the venture investment segment declined from ¥949 million to ¥329 million, while the segment loss narrowed from ¥384 million to ¥124 million. - FY2022-Q1WorsenedAnnual report
「As a result, sales for the three months ended 30 June were ¥33 million, compared with ¥141 million in the same period of the previous year, while segment loss (operating loss) was ¥115 million, compared with segment loss (operating loss) of ¥108 million in the same period of the previous year.」
Revenue in the venture investment segment declined from ¥141 million to ¥33 million, while the segment loss widened from ¥108 million to ¥115 million. However, no significant collections or impairment losses occurred during the quarter. - FY2021-Q3WorsenedAnnual report
「As a result, sales for the nine months ended 31 December were ¥970 million, compared with ¥715 million in the same period of the previous year, while segment loss (operating loss) was ¥582 million, compared with segment profit (operating profit) of ¥130 million in the same period of the previous year.」
Sales in the Venture Investment Segment increased from ¥715 million to ¥970 million, while the segment changed from a profit of ¥130 million in the same period of the previous year to a loss of ¥582 million. Impairment losses and other items associated with declines in the value of 5 investees were recorded. - FY2021-Q2WorsenedAnnual report
「As a result, sales for the six months ended 30 September were ¥949 million, compared with ¥404 million in the same period of the previous year, while segment loss (operating loss) was ¥384 million, compared with segment profit (operating profit) of ¥14 million in the same period of the previous year.」
Although sales in the Venture Investment Segment increased, the segment changed from a profit of ¥14 million in the same period of the previous year to a loss of ¥384 million. Impairment losses and other items associated with declines in the value of 3 investees were recorded. - FY2021-Q1WorsenedAnnual report
「As a result, sales for the three months ended 30 June were ¥141 million, compared with ¥253 million in the same period of the previous year, while segment loss (operating loss) was ¥108 million, compared with segment profit (operating profit) of ¥96 million in the same period of the previous year.」
Sales in the Venture Investment Segment declined from ¥253 million to ¥141 million, and the segment changed from a profit of ¥96 million to a loss of ¥108 million. The Company also recorded an impairment loss associated with a decline in the value of 1 investee. - FY2020-Q3Declining revenue and higher profitAnnual report
「As a result, sales for the nine months ended 31 December were ¥715 million, compared with ¥1,894 million in the same period of the previous year, while segment profit (operating profit) was ¥130 million, compared with segment profit (operating profit) of ¥50 million in the same period of the previous year.」
The Sales Investment Segment carried out an IPO for 1 investee and multiple sales, while sales declined and segment profit increased. - FY2020-Q2WorsenedAnnual report
「As a result, sales for the six months ended 30 September were ¥404 million, compared with ¥1,667 million in the same period of the previous year, while segment profit (operating profit) was ¥14 million, compared with segment profit (operating profit) of ¥242 million in the same period of the previous year.」
Sales in the Sales Investment Segment declined from ¥1,667 million to ¥404 million, and segment profit declined from ¥242 million to ¥14 million. The Company also recorded provisions and other items associated with declines in the value of 2 investees. - FY2020-Q1WorsenedAnnual report
「As a result, sales for the three months ended 30 June were ¥253 million, compared with ¥1,478 million in the same period of the previous year, while segment profit (operating profit) was ¥96 million, compared with segment profit (operating profit) of ¥282 million in the same period of the previous year.」
Although the Sales Investment Segment carried out multiple sales and other transactions, sales declined from ¥1,478 million to ¥253 million, and segment profit declined from ¥282 million to ¥96 million. - FY2019WorsenedAnnual report
「During the fiscal year, in addition to sales through multiple trade-sale transactions, 1 investee completed an IPO. However, due to declines in the value of 4 investees, the Company recorded valuation losses on securities held for operating investment and provisions for investment losses. As a result, sales for the fiscal year were ¥2,867 million, compared with ¥2,752 million in the previous fiscal year, while segment profit (operating profit) was ¥261 million, compared with ¥632 million in the previous fiscal year.」
Although sales in the Sales Investment Segment increased, segment profit declined from ¥632 million to ¥261 million due in part to valuation losses resulting from declines in the value of investees. - FY2019-Q3WorsenedAnnual report
「As a result, sales for the nine months ended 31 December were ¥1,894 million, compared with ¥1,468 million in the same period of the previous year, while segment profit (operating profit) was ¥50 million, compared with segment profit (operating profit) of ¥861 million in the same period of the previous year.」
Although sales in the Sales Investment Segment exceeded those of the same period of the previous year, segment profit declined sharply from ¥861 million to ¥50 million. The segment's profitability deteriorated due to the recognition of valuation losses and other items associated with declines in the value of investees. - FY2019-Q2AdvancedAnnual report
「As a result, sales for the six months ended 30 September were ¥1,667 million, compared with ¥67 million in the same period of the previous year, while segment profit (operating profit) was ¥242 million, compared with segment loss (operating loss) of ¥153 million in the same period of the previous year.」
The Sales Investment Segment changed from a loss in the same period of the previous year to a profit, and sales increased from ¥67 million to ¥1,667 million. The report cites sales and other transactions through multiple trade sales as a contributing factor. - FY2019-Q1AdvancedAnnual report
「For existing venture investees, the Company provides funding and personnel at stages where growth is expected to accelerate through its intensive support, and subsequently proceeds with sales. During the three months ended 30 June, the Company carried out sales and other transactions through multiple trade sales. As a result, sales for the three months ended 30 June were ¥1,478 million, compared with ¥49 million in the same period of the previous year, while segment profit (operating profit) was ¥282 million, compared with segment loss (operating loss) of ¥71 million in the same period of the previous year.」
The Company carried out sales and other transactions through multiple trade sales, resulting in sales of ¥1,478 million and segment profit of ¥282 million in the Sales Investment Segment, which changed from a loss in the same period of the previous year to a profit. - FY2018AdvancedAnnual report
「During the fiscal year, 1 investee completed an IPO, and the Company also invested in and sold listed shares. As a result, sales for the fiscal year were ¥2,752 million, compared with ¥1,179 million in the previous fiscal year, while segment profit (operating profit) was ¥632 million, compared with segment loss (operating loss) of ¥344 million in the previous fiscal year.」
The IPO of 1 investee and investment in and sale of listed shares increased revenue in the Sales Investment Segment, which changed from a loss in the previous fiscal year to a profit of ¥632 million. - FY2018-Q3AdvancedAnnual report
「As 1 company newly completed an IPO during the nine months ended 31 December, sales for the period were ¥1,468 million, compared with ¥956 million in the same period of the previous year, while segment profit (operating profit) was ¥861 million, compared with segment loss (operating loss) of ¥190 million in the same period of the previous year.」
Following the IPO of 1 new investee, sales in the Sales Investment Segment increased 53.6% year on year to ¥1,468 million, and the segment changed from a loss of ¥190 million in the previous year to a profit of ¥861 million. - FY2018-Q2First statedAnnual report
「As there were no new IPOs among investees during the six months ended 30 September, sales for the period were ¥67 million, compared with ¥479 million in the same period of the previous year, while the segment loss (operating loss) was ¥153 million, compared with segment profit (operating profit) of ¥243 million in the same period of the previous year.」
With no new IPOs, sales in the Sales Investment Segment declined from ¥479 million in the same period of the previous year to ¥67 million, and the segment changed from a profit of ¥243 million to a loss of ¥153 million.