Risk of Deterioration in Investees’ Business Performance and Changes in the Scope of Consolidation
First written in FY2023. 4 of 5 entries say "Materialised", first in FY2024. Latest entry: FY2025.
Es Networks moved to the "Worse" side of this theme in 2025, 5 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".
- FY2025MaterialisedAnnual report
「During the consolidated fiscal year, we recorded an impairment loss of ¥14,340 thousand on unlisted shares classified as other securities.」
An additional ¥14,340 thousand impairment loss on unlisted shares was recorded in connection with investment risks such as deterioration in investment targets' performance. The company did not explicitly attribute it to any specific target. - 2026-03-02MaterialisedGeneral Meetings of Shareholders
「Impairment loss on investment securities 14,340」
An impairment loss on investment securities of ¥14,340 thousand was recorded as an extraordinary loss for the fiscal year ended December 2025. The company did not state that this was caused by deterioration in the investee's performance. - FY2025-H1MaterialisedAnnual report
「Loss on valuation of investment securities 10,374」
The company recorded a ¥10,374 thousand loss on valuation of investment securities as an extraordinary loss in the interim period. It was not explicitly attributed to deterioration in an investment target's performance. - FY2024MaterialisedAnnual report
「During the consolidated fiscal year, we recorded an impairment loss of ¥12,030 thousand on unlisted shares classified as other securities.」
Although the company describes investment risks, it does not explicitly link the ¥12,030 thousand impairment loss on unlisted shares to deterioration in an investment target's performance. - FY2023First statedAnnual report
「If the business of an investment target does not progress as planned and its management deteriorates, the company's operating performance may be affected.」
The company plans to conduct financial due diligence before investing, review and deliberate on investments, and monitor investment targets regularly.