Impact of falling share prices on investment securities and pension assets
First written in FY2017. 14 of 25 entries say "Mitigated", first in FY2021-Q1. Latest entry: FY2026.
Tokyo Rope Mfg. moved to the "Worse" side of this theme in 2018, 2 years before the typical company in this theme (2020).
The whole theme swung hardest in 2019: 15 of 26 companies on the "Worse" side.
7 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Net unrealized gains (losses) on other securities 2,118 3,871」
Net unrealized gains (losses) on other securities increased from ¥2,118 million to ¥3,871 million, reducing the negative impact on net assets from changes in the valuation of share prices and investment securities. - 2026-05-14MitigatedResults
「その他有価証券評価差額金及び退職給付に係る調整累計額が増加したことにより、増加となりました。」
その他有価証券評価差額金は前期末の2,118百万円から3,871百万円へ増加し、評価変動による純資産へのマイナス影響が縮小した。 - FY2026-H1MitigatedAnnual report
「Valuation difference on available-for-sale securities ¥2,118 million ¥3,423 million」
Valuation difference on available-for-sale securities increased from ¥2,118 million at the end of the previous consolidated fiscal year to ¥3,423 million, reducing the negative impact of investment securities valuation changes on net assets. - FY2025WorsenedAnnual report
「Valuation difference on available-for-sale securities ¥3,140 million ¥2,118 million」
Valuation difference on available-for-sale securities decreased from ¥3,140 million at the end of the previous fiscal year to ¥2,118 million, worsening the impact of investment securities valuation changes on net assets. - FY2025-H1WorsenedAnnual report
「Valuation difference on available-for-sale securities ¥3,140 million ¥2,204 million」
Valuation difference on available-for-sale securities decreased from ¥3,140 million at the end of the previous fiscal year to ¥2,204 million, worsening the impact of investment securities valuation changes on net assets. - FY2024-Q3MaterialisedAnnual report
「Loss on valuation of investment securities － 3」
Valuation losses on investment securities of ¥3 million were recognized during the cumulative period of the first 3 quarters, and the risk of valuation losses on securities materialized as a small actual loss. - FY2024-Q2MitigatedAnnual report
「Net assets increased by ¥2,097 million from the end of the previous consolidated fiscal year to ¥33,396 million, despite payment of dividends relating to the previous consolidated fiscal year, mainly because retained earnings increased through the recognition of quarterly net income attributable to owners of the parent, the foreign currency translation adjustment account increased as a result of the yen's depreciation, and valuations of other investment securities increased.」
As a result of higher valuations of other investment securities, valuation difference on available-for-sale securities increased from ¥1,815 million to ¥2,468 million, reducing the negative impact of valuation changes on net assets. - FY2024-Q1MitigatedAnnual report
「Valuation difference on available-for-sale securities ¥1,815 million ¥2,246 million」
Valuation difference on available-for-sale securities increased from ¥1,815 million at the end of the previous consolidated fiscal year to ¥2,246 million, reducing the negative impact of changes in share prices and investment securities valuations on net assets. - FY2023MitigatedAnnual report
「Valuation difference on available-for-sale securities and the foreign currency translation adjustment account increased substantially, resulting in an increase of ¥5,152 million from the end of the previous consolidated fiscal year to ¥31,298 million.」
Valuation difference on available-for-sale securities increased from ¥791 million to ¥1,815 million, reducing the negative impact of changes in share prices and investment securities valuations on net assets. - FY2023-Q3MitigatedAnnual report
「Valuation difference on available-for-sale securities ¥791 million ¥1,003 million」
Valuation difference on available-for-sale securities increased from ¥791 million at the end of the previous fiscal year to ¥1,003 million, reducing the negative impact of valuation changes on net assets. - FY2023-Q1MitigatedAnnual report
「Impairment losses on investment securities 1 －」
The ¥1 million valuation loss on investment securities recognized in the same period of the previous year was not recognized in the current quarter. - FY2022-Q2MitigatedAnnual report
「Valuation difference on available-for-sale securities ¥953 million ¥1,471 million」
Valuation difference on available-for-sale securities increased from ¥953 million at the end of the previous fiscal year to ¥1,471 million, reducing the negative impact of valuation changes on net assets. - FY2022-Q1MitigatedAnnual report
「Net assets increased by ¥1,068 million from the end of the previous consolidated fiscal year to ¥25,865 million, mainly because accumulated other comprehensive income, including valuation difference on available-for-sale securities and the foreign currency translation adjustment account, increased substantially.」
Accumulated other comprehensive income, including valuation difference on available-for-sale securities, increased, and net assets rose by ¥1,068 million from the end of the previous fiscal year. The negative impact of valuation changes on net assets is narrowing. - FY2021MitigatedAnnual report
「Valuation difference on available-for-sale securities △ ¥788 million ¥953 million」
Valuation difference on available-for-sale securities improved from negative ¥788 million at the end of the previous fiscal year to ¥953 million, eliminating the negative impact of valuation changes on net assets. - FY2021-Q3MitigatedAnnual report
「Valuation difference on available-for-sale securities △ ¥788 million △ ¥204 million」
Valuation difference on available-for-sale securities improved from negative ¥788 million at the end of the previous consolidated fiscal year to negative ¥204 million, reducing the impact of valuation changes. - FY2021-Q2MitigatedAnnual report
「Valuation difference on available-for-sale securities △ ¥788 million △ ¥626 million」
Valuation difference on available-for-sale securities improved from negative ¥788 million at the end of the previous consolidated fiscal year to negative ¥626 million, partly reducing the impact of valuation changes. - FY2021-Q1MitigatedAnnual report
「Valuation difference on available-for-sale securities △ ¥788 million △ ¥518 million」
Valuation difference on available-for-sale securities improved from negative ¥788 million at the end of the previous consolidated fiscal year to negative ¥518 million, partly reducing the impact of valuation changes. - FY2020MaterialisedAnnual report
「The company recognized ¥1,801 million in impairment losses on fixed assets and ¥1,147 million in valuation losses on investment securities as extraordinary losses, among other items. As a result, the net loss for the fiscal year attributable to owners of the parent was ¥2,434 million.」
Valuation losses on investment securities of ¥1,147 million were recognized, and the valuation risk arising from falling share prices and other factors materialized as a loss for the full year. - FY2020-Q3MaterialisedAnnual report
「Total assets at the end of the third quarter of the current consolidated fiscal year decreased in investment securities because of valuation adjustments, but increased in cash and deposits and inventories. As a result, total assets increased by ¥1,295 million from the end of the previous consolidated fiscal year to ¥85,890 million.」
Valuation adjustments reduced the balance of investment securities from ¥7,555 million to ¥6,843 million, and the impact of valuation changes continues to be reflected. - FY2020-Q2MaterialisedAnnual report
「The company also recognized ¥289 million in valuation losses on investment securities and other extraordinary gains and losses. As a result, the quarterly net loss attributable to owners of the parent was ¥491 million, compared with a net loss of ¥341 million in the same period of the previous year.」
Valuation losses on investment securities of ¥289 million were recognized, and the risk of valuation losses on securities due to falling share prices and other factors materialized as a loss for the quarter. - FY2020-Q1MaterialisedAnnual report
「Net assets decreased by ¥902 million from the end of the previous consolidated fiscal year to ¥23,343 million, mainly because of dividend payments and a decline in valuation difference on securities.」
The decline in valuation difference on securities materialized as a ¥902 million factor behind the decrease in net assets. - FY2019-Q3MaterialisedAnnual report
「The company also recognized ¥220 million in disaster-related losses and ¥134 million in valuation losses on investment securities as extraordinary losses. As a result, the quarterly net loss attributable to owners of the parent was ¥202 million, compared with net income of ¥1,273 million in the same period of the previous year.」
Valuation losses on investment securities of ¥134 million were recognized, and the risk of valuation losses on securities due to falling share prices and other factors materialized as an actual loss. - FY2019-Q1MaterialisedAnnual report
「The company also recognized ¥109 million in valuation losses on securities as extraordinary losses. As a result, the quarterly net loss attributable to owners of the parent was ¥55 million, compared with income of ¥327 million in the same period of the previous year.」
Valuation losses on securities of ¥109 million were recognized and disclosed as a factor behind the quarterly net loss attributable to owners of the parent of ¥55 million. - FY2018RestatedAnnual report
「The Group holds shares to share long-term management strategies with its business partners. If the market value of those shares declines, impairment may be required. In addition, with respect to employee retirement benefits, a decline in share prices may reduce pension assets and increase retirement benefit expenses.」
The company has reiterated the risk that falling share prices could have an impact through impairment of cross-held shares and a decline in pension assets. - FY2017First statedAnnual report
「The Group holds shares to share long-term management strategies with its business partners. If the market value of those shares declines, impairment may be required. In addition, with respect to employee retirement benefits, a decline in share prices may reduce pension assets and increase retirement benefit expenses.」
The company disclosed the possibility that falling share prices could affect its financial position and expenses through impairment of cross-held shares and a decline in pension assets.