Deteriorating Performance at Unlisted Investee Companies and Investment Recovery Risk
First written in FY2018. 4 of 10 entries say "Restated". Latest entry: 2026-04-14.
Vector moved to the "Worse" side of this theme in 2024, 1 year after the typical company in this theme (2023).
The whole theme swung hardest in 2024: 9 of 12 companies on the "Worse" side.
4 other companies' latest entry also says "Worsened".
- 2026-04-14WorsenedInvestor presentation
「In light of the deterioration in the startup-market environment, we are investing more selectively」
Deterioration in the startup-market environment was explicitly cited as the reason for greater selectivity in investments. - FY2025-H1MaterialisedAnnual report
「In the investment business, some of the shares held by the company were sold, while valuation losses were recognized on some investments.」
In connection with the risks of deteriorating performance at unlisted investees and failure to recover investments, valuation losses were also recorded on some investees during the interim period. - FY2023RestatedAnnual report
「During the fiscal year, 3 investees completed stock market listings and performance has generally been steady. However, the performance of unlisted investee companies may deteriorate because of uncertainties regarding their future prospects, investments may not be recovered, and this may affect our group's profit or loss.」
While reporting the stock market listings of 3 investees, the company continues to disclose the risks of deteriorating performance at unlisted investees and failure to recover investments. - FY2023-Q2MaterialisedAnnual report
「In the investment business, we recorded valuation losses on some investees, but gains on the sale of part of the shares we held contributed to increases in revenue and operating profit.」
While valuation losses continued to be recorded on some investees, gains on the sale of part of the shares held contributed to revenue and operating profit. - FY2023-Q1MaterialisedAnnual report
「In the investment business, we recorded valuation losses on some investees, but gains on the sale of part of the shares we held contributed to increases in revenue and operating profit.」
In connection with the risks of deteriorating performance at unlisted investees and failure to recover investments, valuation losses were in fact recorded on some investees. - FY2022AdvancedAnnual report
「During the fiscal year, 5 investees completed stock market listings and performance has generally been steady. However, the performance of unlisted investee companies may deteriorate because of uncertainties regarding their future prospects, investments may not be recovered, and this may affect our group's profit or loss.」
While reporting that 5 investees completed stock market listings during the fiscal year, the company continues to disclose the risks of deteriorating performance at unlisted investees and failure to recover investments. - FY2021RestatedAnnual report
「During the fiscal year, 5 investees completed stock market listings and performance has generally been steady. However, the performance of unlisted investee companies may deteriorate because of uncertainties regarding their future prospects, investments may not be recovered, and this may affect our group's profit or loss.」
While reporting that 5 investees completed stock market listings during the fiscal year, the company continues to disclose the risks of deteriorating performance at unlisted investees and failure to recover investments. - FY2020RestatedAnnual report
「Since beginning these activities, 15 investees have completed stock market listings and performance has generally been steady. However, the performance of unlisted investee companies may deteriorate because of uncertainties regarding their future prospects, investments may not be recovered, and this may affect our group's profit or loss.」
The number of investees with stock market listings was updated from 6 to 15, while the company continues to disclose the risks of deteriorating performance at unlisted investees and failure to recover investments. - FY2019RestatedAnnual report
「Approximately 2 years after beginning these activities, 6 investees have already completed stock market listings and performance has generally been steady. However, the performance of unlisted investee companies may deteriorate because of uncertainties regarding their future prospects, investments may not be recovered, and this may affect our group's profit or loss.」
While reporting the listing track record of its investees, the company continues to disclose the risks of deteriorating performance at unlisted investees and failure to recover investments. - FY2018First statedAnnual report
「Approximately 2 years after beginning these activities, 6 investees have already completed stock market listings and performance has generally been steady. However, the performance of unlisted investee companies may deteriorate because of uncertainties regarding their future prospects, investments may not be recovered, and this may affect our group's profit or loss.」
While reporting stock market listings by 6 investees, the company has disclosed as new risks the uncertainty surrounding the future prospects of unlisted investees, deteriorating performance and the resulting potential impact on profit or loss if investments cannot be recovered.