Risk of failure to achieve the business plan related to the valuation of Fileforce shares
First written in FY2021. 2 of 7 entries say "Materialised", first in FY2023-Q3. Latest entry: 2026-05-28.
Cts moved to the "Worse" side of this theme in 2022, 1 year before the typical company in this theme (2023).
The whole theme swung hardest in 2024: 8 of 13 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- FY2026-H1MitigatedAnnual report
「Recognition of equity-method investment income following the return to profitability of strategic investment ファイルフォース株式会社」
For ファイルフォース株式会社, for which deviations from its business plan and a zero share valuation had previously been disclosed, the company recorded equity-method investment income in the current interim period following its return to profitability. - FY2023MaterialisedAnnual report
「As a result, the valuation of the company's interest in ファイルフォース株式会社 was zero at the end of the current consolidated fiscal year.」
The risk that ファイルフォース株式会社 would fail to achieve its business plan materialized as a loss on investments accounted for under the equity method and a zero share valuation. The filing company also recorded a ¥355 million impairment loss on shares in an affiliated company. - FY2023-Q3MaterialisedAnnual report
「With respect to ファイルフォース株式会社, an equity-method associate, the company assessed the recoverable amount of its investment in the associate because of the substantial divergence from the originally prepared business plan. As a result, it recorded ¥113 million, equivalent to the unamortized balance of goodwill, as an equity-method investment loss under non-operating expenses.」
The deviation from ファイルフォース株式会社's business plan was reflected in an actual impairment of goodwill, and the company recorded a ¥113 million loss on investments accounted for under the equity method. - FY2022WorsenedAnnual report
「Valuation of the company's interest in ファイルフォース株式会社 (Unit: ¥ million) Previous consolidated fiscal year 264 Current consolidated fiscal year 190」
The valuation of the company's shares in ファイルフォース株式会社 changed from ¥264 million to ¥190 million, and the company quantitatively disclosed that a review of assumptions regarding sales and contract wins in the business plan could have a material impact on the valuation in the following fiscal year. - FY2021First statedAnnual report
「If the assumptions used in these estimates need to be revised, for example because sales underperform expectations, they may have a material impact on the valuation of shares in an affiliate in the following consolidated fiscal year.」
The company has stated for the first time the risk that the valuation of its shares in ファイルフォース株式会社 could be affected if assumptions under ファイルフォース株式会社's medium-term management plan, including sales and contract wins, are not achieved.