Recognition of Valuation Losses on Investment Securities and Shares in Affiliated Companies
First written in FY2024. 2 of 3 entries say "Materialised", first in FY2024. Latest entry: FY2026.
Migalo Holdings moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2017: 8 of 23 companies on the "Worse" side.
24 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「During the fiscal year, impairment losses of ¥3,239 thousand were recognized on securities, all of which related to shares classified as other securities.」
Unlike the previous year, when no valuation loss on investment securities was recognized, the Group recognized a ¥3,239 thousand valuation loss on other securities during the fiscal year. - FY2025No valuation loss on investment securities; valuation loss on shares of affiliates continuedAnnual report
「For shares of a company, CloudTechPlus, whose excess earning power and other factors had been impaired during the fiscal year, we recognized a valuation loss on shares of an affiliate down to the actual value.」
No valuation loss on investment securities was recognized during the fiscal year, while a valuation loss of ¥82,200 thousand was recognized on CloudTechPlus shares of an affiliate, so the valuation-loss risk partly continued. - FY2024MaterialisedAnnual report
「The actual value, before reflecting excess earning power and other factors, of shares including those of CB Lab had fallen significantly, and the gap between the company’s original business plan and its progress had become pronounced. In light of these circumstances and potential risks to future growth, we reviewed the business plan and, based on the Accounting Standard for Financial Instruments, reduced the carrying value to the actual value and recognized a valuation loss.」
The Group recognized valuation losses of ¥112,536 thousand on investment securities and ¥134,999 thousand on shares of affiliates due to divergence from business plans.