Failure to Realize Synergies with Investee Companies and Inability to Recover Invested Capital
First written in FY2016. 3 of 8 entries say "Worsened", first in FY2024. Latest entry: FY2026.
Ride On Express Holdings moved to the "Worse" side of this theme in 2023, the same year as the typical company in this theme.
The whole theme swung hardest in 2024: 9 of 12 companies on the "Worse" side.
4 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「As a result, the consolidated income statement for the current consolidated fiscal year included valuation losses on investment securities of ¥177.563 million (¥83.392 million in the previous consolidated fiscal year).」
Against a backdrop of uncertainty surrounding the business activities, fundraising and exits of portfolio companies, the valuation loss on investment securities increased from ¥83.392 million to ¥177.563 million. - 2026-06-02WorsenedGeneral Meetings of Shareholders
「We recorded a ¥177.563 million loss on valuation of investment securities in the consolidated income statement for the fiscal year.」
The company recorded a ¥177.563 million loss on valuation of investment securities and disclosed the resulting loss related to its investments. - FY2025MitigatedAnnual report
「As a result, the consolidated income statement for the current consolidated fiscal year included valuation losses on investment securities of ¥83.392 million (¥190.29 million in the previous consolidated fiscal year).」
Valuation losses on investment securities decreased from ¥190.29 million in the previous fiscal year to ¥83.392 million, but uncertainty surrounding investees and the recognition of valuation losses continue. - FY2024WorsenedAnnual report
「As a result, the consolidated income statement for the current consolidated fiscal year included valuation losses on investment securities of ¥190.29 million (¥16.854 million in the previous consolidated fiscal year).」
Against a backdrop of uncertainty surrounding investee companies’ business activities, fundraising and exits, valuation losses on investment securities rose sharply from ¥16.854 million to ¥190.29 million. - FY2023MaterialisedAnnual report
「As a result, the consolidated income statement for the current consolidated fiscal year included ¥75 million in provision for investment losses and ¥16.854 million in valuation losses on investment securities (¥26.524 million in valuation losses on investment securities in the previous consolidated fiscal year).」
Against a backdrop of uncertainty surrounding investees’ business activities, fundraising and exits, the company recorded a provision for investment losses and valuation losses. - FY2019RestatedAnnual report
「If the expected business synergies are not achieved or investments cannot be recovered, the Group’s business and results could be affected.」
The risks of unrealized expected synergies and inability to recover investments in connection with venture investments and other activities remain. - FY2017RestatedAnnual report
「If the expected business synergies are not achieved or investments cannot be recovered, the Group’s business and results could be affected.」
The risk of unrealized synergies with investees and inability to recover investments remains. - FY2016First statedAnnual report
「If the expected business synergies are not achieved or investments cannot be recovered, the Group’s business and results could be affected.」
The risk associated with venture investments as a means of implementing the next-generation home network strategy.