Declines in the Market Prices of Holdings and the Performance of Investee Companies
First written in FY2016. 4 of 9 entries say "Restated". Latest entry: FY2026.
Nakanishi Mfg. moved to the "Worse" side of this theme in 2025, 4 years after the typical company in this theme (2021).
The whole theme swung hardest in 2019: 43 of 83 companies on the "Worse" side.
47 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「The company recognized an impairment loss on investment securities of ¥40.000 million.」
The risk of deterioration in the market prices of shares held and investee performance materialized during the current fiscal year as an impairment loss on investment securities of ¥40 million. - FY2025MaterialisedAnnual report
「Issues with an increase in the number of shares during the current fiscal year Other than unlisted shares 4 1,712,677」
The company acquired 4 issues other than unlisted shares, for ¥1.712 billion, among its cross-shareholdings and other investment securities, increasing its balance of investment securities. It also recognized an impairment loss on investment securities of ¥53.499 million, showing that the risks related to market prices of shares held and investee performance materialized as an impairment loss. - FY2024AdvancedAnnual report
「Issues with a decrease in the number of shares during the current fiscal year Other than unlisted shares 1 143,904」
Among cross-shareholdings, the company sold 1 issue other than unlisted shares during the current fiscal year and recognized proceeds of ¥143.904 million. This discloses an example of the board of directors' individual review and implementation of the policy to reduce unnecessary shares. - FY2022RestatedAnnual report
「For cross-shareholdings, the board of directors individually verifies the medium- to long-term economic rationale for continued ownership and the benefits of ownership from the perspectives of building stable relationships with business partners and promoting sales. The company works to reduce such holdings, including by selling shares it determines do not need to be held.」
The policy of individually reviewing cross-shareholdings and selling and reducing shares deemed unnecessary continues. - FY2021RestatedAnnual report
「For cross-shareholdings, the board of directors individually verifies the medium- to long-term economic rationale for continued ownership and the benefits of ownership from the perspectives of building stable relationships with business partners and promoting sales. The company works to reduce such holdings, including by selling shares it determines do not need to be held.」
The policy of individually reviewing cross-shareholdings and selling and reducing shares deemed unnecessary continues. - FY2020RestatedAnnual report
「The company continuously reviews its holdings and conducts individual evaluations, and works to reduce them, including by selling shares that the board of directors determines do not need to be held on an ongoing basis.」
The policy of individually reviewing cross-shareholdings and selling and reducing unnecessary shares continues. - FY2019MitigatedAnnual report
「For cross-shareholdings, the board of directors individually verifies the medium- to long-term economic rationale for continued ownership and the benefits of ownership from the perspectives of building stable relationships with business partners and promoting sales. The company works to reduce such holdings, including by selling shares it determines do not need to be held.」
The company states a policy of individually reviewing cross-shareholdings at board meetings and selling and reducing shares deemed unnecessary, in response to the risk of impairment losses due to poor investee performance or deteriorating market conditions. - FY2018RestatedAnnual report
「The company holds shares in certain customers and financial institutions to maintain stable, ongoing business relationships. Accordingly, if share prices decline in the future due to poor performance at investee companies, deteriorating market conditions or other factors, it will be necessary to recognize an impairment loss,」
The risks of impairment losses arising from shareholdings held to maintain business relationships and from deterioration in investee performance and market conditions continue. - FY2016First statedAnnual report
「The company holds shares in certain customers and financial institutions to maintain stable, ongoing business relationships. Accordingly, if share prices decline in the future due to poor performance at investee companies, deteriorating market conditions or other factors, it will be necessary to recognize an impairment loss,」
The company's shareholdings held to maintain business relationships carry the risk of impairment losses due to investee performance and market conditions.