Decline in the fair value of securities held
First written in FY2022. 1 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2019: 53 of 135 companies on the "Worse" side.
38 other companies' latest entry also says "Other".
- FY2025Change in holding purpose and increase in fair valueAnnual report
「We hold investment securities for investment purposes. On the premise that losses are to be avoided, if the fair value of our holdings falls below a specified amount, the board considers whether to sell them as necessary. If the fair value of the shares falls significantly below their carrying value, an impairment loss would need to be recognized, which could affect our business performance and financial position.」
The risk of a decline in the fair value of investment securities continues. The carrying amount of listed shares was ¥508,877 thousand, up from ¥362,099 thousand in the prior fiscal year. - FY2023RestatedAnnual report
「If the fair value of the shares falls significantly below their carrying value, an impairment loss would need to be recognized, which could affect our business performance and financial position.」
The risk of a decline in the fair value of policy-held shares continues. The carrying amount of shares held was ¥297,864 thousand, down from ¥330,293 thousand in the prior fiscal year. - FY2022First statedAnnual report
「If the fair value of the shares falls significantly below their carrying value, an impairment loss would need to be recognized, which could affect our business performance and financial position.」
The shares are held as policy holdings after considering the likelihood of transactions, and the company considers whether to sell if their fair value falls below a specified amount.