Investment Risk from Deterioration in External Investees’ Performance and Valuation Losses
First written in FY2022. 3 of 12 entries say "Materialised", first in FY2023-Q2. Latest entry: 2026-10-14.
Gunosy moved to the "Worse" side of this theme in 2023, 3 years after the typical company in this theme (2020).
The whole theme swung hardest in 2019: 37 of 69 companies on the "Worse" side.
24 other companies' latest entry also says "Mitigated".
- 2026-10-14MitigatedEarnings presentation
「各健全性指標は、不良債権比率を筆頭に合併後の改善が継続し規制で求められる水準を充足。ただし、自己資本比率を筆頭に更なる成長に向けた一定の改善課題は存在。」
sliceの不良債権比率などの健全性指標が合併後も改善し、規制水準を充足していることを示した。一方、自己資本比率などに成長に向けた改善課題が残るとしており、リスクの終息までは示していない。 - FY2026MitigatedAnnual report
「At slice Small Finance Bank Ltd., deposits have been growing at an annual pace of approximately 2.2 times, while AUM has also continued to grow steadily since the public release of its credit card, and high growth potential has been maintained since the merger.」
For slice, which had incurred equity-method investment losses through the previous fiscal year, the disclosure describes a situation of high growth potential after its exclusion from equity-method accounting. - FY2025Investment loss decreased; excluded from equity-method accountingAnnual report
「In addition, during the interim consolidated accounting period, we recorded an equity-method investment loss of ¥261 million related to GaragePreneurs, which had been an equity-method affiliate.」
The equity-method investment loss related to GaragePreneurs decreased from ¥933 million in the previous fiscal year to ¥261 million. Meanwhile, GaragePreneurs was excluded from the scope of equity-method accounting from FY2025 because the dispatch of directors was discontinued. - FY2025-H1Investment loss decreased; excluded from equity-method accountingAnnual report
「During the interim consolidated accounting period, we recorded an equity-method investment loss of ¥261 million related to GaragePreneurs, which had been an equity-method affiliate.」
The equity-method investment loss related to GaragePreneurs decreased from ¥562 million in the same period of the previous year to ¥261 million. Meanwhile, because the dispatch of directors was discontinued, GaragePreneurs was excluded from the scope of equity-method accounting beginning with the interim consolidated accounting period. - FY2024Investment loss decreasedAnnual report
「In addition, we recorded an equity-method investment loss of ¥933 million related to GaragePreneurs, an equity-method affiliate.」
The equity-method investment loss related to GaragePreneurs was ¥933 million, down from ¥1,428 million in the previous fiscal year, but losses continued to be recognized. - FY2024-Q3Investment loss decreased year on yearAnnual report
「In addition, we recorded an equity-method investment loss of ¥768 million related to GaragePreneurs, an equity-method affiliate.」
The equity-method investment loss related to GaragePreneurs was ¥768 million, down from ¥1,055 million in the cumulative period of the same quarter of the previous year. Meanwhile, the recognition of investment losses continued. - FY2024-Q2MaterialisedAnnual report
「In addition, we recorded an equity-method investment loss of ¥562 million related to GaragePreneurs, an equity-method affiliate, and recorded a valuation loss of ¥165 million on investment securities as an extraordinary loss.」
An equity-method investment loss of ¥562 million related to GaragePreneurs was incurred during the cumulative second-quarter consolidated period. Although this was down from ¥768 million in the cumulative period of the same quarter of the previous year, losses related to external investments continued to be recorded. - FY2024-Q1MaterialisedAnnual report
「In addition, we recorded an equity-method investment loss of ¥337 million related to GaragePreneurs, an equity-method affiliate,」
An equity-method investment loss of ¥337 million was incurred in relation to GaragePreneurs, indicating that the risk of deterioration in the performance of external investments and valuation losses materialized during the quarter. This was down from ¥549 million in the same quarter of the previous year. - FY2023WorsenedAnnual report
「In addition, we recorded an equity-method investment loss of ¥1,428 million related to GaragePreneurs, an equity-method affiliate, while also recording a gain of ¥1,001 million on changes in equity interests following the change in our ownership ratio resulting from the private placement conducted in June 2022.」
An equity-method investment loss of ¥1,428 million was incurred in relation to GaragePreneurs, and investment risk became apparent on a full-year basis. - FY2023-Q3WorsenedAnnual report
「In addition, we recorded an equity-method investment loss of ¥1,055 million related to GaragePreneurs, an equity-method affiliate, while also recording a gain of ¥1,001 million on changes in equity interests following the change in our ownership ratio resulting from the private placement conducted in June 2022.」
The equity-method investment loss related to GaragePreneurs was ¥1,055 million, up from ¥768 million in the cumulative period of the same quarter of the previous year. We also recorded a gain of ¥1,001 million on changes in equity interests resulting from the private placement. - FY2023-Q2MaterialisedAnnual report
「In addition, we recorded an equity-method investment loss of ¥768 million related to GaragePreneurs, an equity-method affiliate, while also recording a gain of ¥1,001 million on changes in equity interests following the change in our ownership ratio resulting from the private placement conducted in June 2022.」
An equity-method investment loss of ¥768 million was actually incurred in relation to GaragePreneurs. We also recorded a gain of ¥1,001 million on changes in equity interests resulting from the private placement. - FY2022First statedAnnual report
「The deterioration in the performance of investee companies after investment and the recognition of valuation losses on securities held, among other factors, may affect the performance and financial condition of our Group.」
As external investments expanded, deterioration in the performance of investees and valuation losses on securities held were identified as separate risks.