Turning Venture Investment into a Business by Establishing an Investment Business Division
First written in FY2020-Q1. 7 of 23 entries say "Advanced", first in FY2020-Q2. Latest entry: 2026-08-14.
14 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「During the six months ended [current interim period], we recognized management fee revenue from investees and recorded revenue from the partial sale of certain investments, which also made a significant contribution to profit. As a result, the investment business recorded revenue of ¥641 million from external customers (¥45 million in the previous year), segment profit of ¥591 million (segment loss of ¥10 million in the previous year), and EBITDA of ¥587 million (negative ¥16 million in the previous year).」
The recognition of management fee revenue and partial sales of investments improved the investment business from a loss in the previous year to segment profit of ¥591 million and EBITDA of ¥587 million. - FY2025Loss narrowed; impairment losses continuedAnnual report
「During the fiscal year, we recognized management fee revenue from investees and dividend income, while also recognizing impairment losses on certain investments. As a result, the investment business recorded revenue of ¥58 million from external customers (up 14.2% year on year), a segment loss of ¥6 million (segment loss of ¥72 million in the previous year), and EBITDA of negative ¥21 million (negative ¥87 million in the previous year).」
Management fee revenue and dividend income increased revenue in the investment business. Impairment losses continued, but the segment loss and EBITDA loss narrowed from the previous year. - FY2025-H1Investment business remained loss-making due to impairment lossesAnnual report
「During the six months ended [current interim period], we recognized management fee revenue from investees and dividend income, while also recognizing impairment losses on certain investments. As a result, the investment business recorded revenue of ¥45 million from external customers (up 18.4% year on year), a segment loss of ¥10 million (segment loss of ¥4 million in the previous year), and EBITDA of negative ¥16 million (negative ¥10 million in the previous year).」
Although management fee revenue and dividend income were recorded, impairment losses on certain investments caused the investment business's segment loss and EBITDA loss to widen from the previous year. - FY2024Investment business turned loss-making for the full yearAnnual report
「During the fiscal year, we recognized impairment losses on operating investment securities and sold some securities, among other activities. As a result, the investment business recorded revenue of ¥51 million from external customers (down 96.5% year on year), a segment loss of ¥72 million (segment profit of ¥1,367 million in the previous year), and EBITDA of negative ¥87 million (¥1,329 million in the previous year).」
Although the investment business recognized impairment losses and made partial sales, revenue fell 96.5%, and the business turned from a profit in the previous year to a segment loss and an EBITDA loss. - FY2024-Q2Investment business turned loss-making due to impairment losses and partial salesAnnual report
「During the six months ended [current second quarter], we recognized impairment losses on operating investment securities and sold some securities, among other activities. As a result, the investment business recorded revenue of ¥38 million from external customers (down 91.0% year on year), a segment loss of ¥4 million (segment profit of ¥410 million in the same period of the previous year), and EBITDA of negative ¥10 million (¥388 million in the same period of the previous year).」
The investment business recognized impairment losses on operating investment securities and partially sold securities. Revenue, profit, and EBITDA were all substantially below the previous year, resulting in a segment loss of ¥4 million. - FY2024-Q1Losses recognized due to impairment of operating investment securitiesAnnual report
「During the three months ended [current first quarter], we recognized impairment losses on operating investment securities. As a result, the investment business recorded revenue of ¥6 million from external customers (down 32.5% year on year), a segment loss of ¥5 million (segment profit of ¥0 million in the same period of the previous year), and EBITDA of negative ¥8 million (negative ¥15 million in the same period of the previous year).」
The investment business recognized impairment losses on operating investment securities. Revenue declined, while a segment loss of ¥5 million was recorded. The EBITDA loss narrowed from the same period of the previous year. - FY2023-Q3AdvancedAnnual report
「During the nine months ended [current third quarter], we received dividends from investees and sold some securities, among other activities. As a result, the investment business recorded revenue of ¥563 million from external customers (no revenue in the same period of the previous year), segment profit of ¥539 million (segment loss of ¥308 million in the same period of the previous year), and EBITDA of ¥507 million (negative ¥326 million in the same period of the previous year).」
Supported by dividends received from investees and the partial sale of securities, among other factors, the investment business turned from a loss in the previous year to a profit, recording revenue of ¥563 million, segment profit of ¥539 million, and EBITDA of ¥507 million. - FY2023-Q2AdvancedAnnual report
「During the six months ended [current second quarter], we received dividends from investees and carried out other activities. As a result, the investment business recorded revenue of ¥429 million from external customers (no revenue in the same period of the previous year), segment profit of ¥410 million (segment loss of ¥3 million in the same period of the previous year), and EBITDA of ¥388 million (negative ¥18 million in the same period of the previous year).」
Supported by dividends received from investees and other factors, the investment business recorded revenue of ¥429 million, segment profit of ¥410 million, and EBITDA of ¥388 million, turning from a loss in the previous year to a profit. - FY2023-Q1Investment business recorded modest revenue; EBITDA loss continuedAnnual report
「During the three months ended [current first quarter], no operating investment securities were sold. As a result, the investment business recorded revenue of ¥9 million from external customers (no revenue in the same period of the previous year), segment profit of ¥0 million (segment loss of ¥1 million in the same period of the previous year), and EBITDA of negative ¥15 million (negative ¥13 million in the same period of the previous year).」
No operating investment securities were sold, but revenue of ¥9 million from external customers was recorded. Segment results were broadly at break-even, while the EBITDA loss continued. - FY2022Investment business turned loss-making for the full year; impairment losses continuedAnnual report
「During the fiscal year, we recognized impairment losses on some of the securities we hold. As a result, the investment business recorded revenue of ¥1 million from external customers, a segment loss of ¥325 million (segment profit of ¥147 million in the previous year), and EBITDA of negative ¥350 million (¥124 million in the previous year).」
Impairment losses on securities continued in the investment business, which recorded a full-year segment loss of ¥325 million and EBITDA of negative ¥350 million, turning from a profit in the previous year to a loss. - FY2022-Q3Losses increased due to impairment lossesAnnual report
「During the nine months ended [current third quarter], we recognized impairment losses on some of the securities we hold. As a result, the investment business recorded no revenue from external customers, a segment loss of ¥308 million (segment profit of ¥115 million in the same period of the previous year), and EBITDA of negative ¥326 million (¥116 million in the same period of the previous year).」
The investment business recognized impairment losses on some securities held, and segment results deteriorated from a profit of ¥115 million in the previous year to a loss of ¥308 million. EBITDA deteriorated from ¥116 million to a loss of ¥326 million. - FY2022-Q2Narrower losses alongside continued impairment lossesAnnual report
「In the investment business, we primarily invest in IT venture companies developing products and solutions with potential for global expansion, with the aim of increasing enterprise value through investment returns. During the six months ended [current second quarter], FreakOut Shinsei Fund, the fund we operate and an equity-method affiliate, recognized impairment losses on some of the securities it holds. As a result, the investment business recorded no revenue, a segment loss of ¥3 million (segment loss of ¥68 million in the same period of the previous year), and EBITDA of negative ¥18 million (negative ¥68 million in the same period of the previous year).」
Impairment losses on securities held as investments continued, but the investment business's segment loss narrowed from ¥68 million in the previous year to ¥3 million, while the EBITDA loss narrowed from ¥68 million to ¥18 million. - FY2022-Q1Recognition of impairment losses and widening EBITDA lossAnnual report
「The investment business primarily invests in IT venture companies developing products and solutions with global expansion potential, with the aim of enhancing enterprise value through investment returns. During the first-quarter year-to-date consolidated period, FreakOut Shinsei Fund, an equity-method affiliate managed by the Company, recognised impairment losses on certain securities it partially held. As a result, the investment business generated no revenue, the segment loss was ¥1 million, compared with a segment loss of ¥3 million in the same quarter of the previous year, and EBITDA was negative ¥13 million, compared with negative ¥8 million in the same quarter of the previous year.」
The investment business generated no revenue and recognised impairment losses on securities held by its managed fund. The segment loss was ¥1 million and EBITDA was a loss of ¥13 million. - FY2021Investment disposals continued alongside impairment lossesAnnual report
「During the consolidated fiscal year, the Company recognised impairment losses on securities held in certain investments relatively susceptible to the effects of COVID-19, while also partially selling securities held in investments. As a result, revenue from external customers in the investment business was ¥521 million, up 17.9% year on year, segment profit was ¥147 million, down 18.6%, and EBITDA was ¥124 million, down 29.1%.」
The investment business recognised both impairment losses and partial disposal gains on securities held in investments, generating revenue of ¥521 million, while profit and EBITDA declined year on year. - FY2021-Q3Revenue recognised from investment disposals and balance sheet improvementAnnual report
「During the third-quarter year-to-date consolidated period, the Company recognised partial impairment losses on securities held in certain investments relatively susceptible to the effects of COVID-19, while also partially selling securities held in investments, resulting in an improved balance sheet.」
The Company reported partial impairment losses on securities held in investments, while also making partial disposals and improving its balance sheet. The investment business generated revenue of ¥480 million and segment profit of ¥115 million. - FY2021-Q2Larger losses due to impairment of investmentsAnnual report
「The investment business primarily invests in IT venture companies developing products and solutions with global expansion potential, with the aim of enhancing enterprise value through investment returns. During the second-quarter year-to-date consolidated period, the Company recognised impairment losses on securities held in investments relatively susceptible to the effects of COVID-19. As a result, the investment business generated no revenue, compared with ¥347 million in the same quarter of the previous year. The segment recorded a loss of ¥68 million, compared with segment profit of ¥172 million in the same quarter of the previous year, and EBITDA was negative ¥68 million, compared with ¥172 million in the same quarter of the previous year.」
The investment business generated no revenue due to impairment losses on securities held in investments, and segment profit and EBITDA both turned from profit in the same period of the previous year to losses. - FY2021-Q1Investment business loss due to no investment disposalsAnnual report
「During the first-quarter year-to-date consolidated period, the Company did not sell any operating investment securities. As a result, the investment business generated no revenue, compared with ¥354 million in the same quarter of the previous year. The segment recorded a loss of ¥3 million, compared with segment profit of ¥183 million in the same quarter of the previous year, and EBITDA was negative ¥3 million, compared with ¥183 million in the same quarter of the previous year.」
The investment business did not sell any operating investment securities during the quarter and generated no revenue. Segment profit and EBITDA both turned from profit in the same period of the previous year to losses. - FY2020AdvancedAnnual report
「During the consolidated fiscal year, the Company partially sold certain existing investments. As a result, revenue from the investment business was ¥442 million, segment profit was ¥180 million and EBITDA was ¥175 million.」
The investment business operated throughout the fiscal year and recorded revenue of ¥442 million, segment profit of ¥180 million and EBITDA of ¥175 million through the partial sale of existing investments. - FY2020-Q3RestatedAnnual report
「During the third-quarter year-to-date consolidated period, the Company partially sold certain existing investments. As a result, revenue from the investment business was ¥345 million, segment profit was ¥168 million and EBITDA was ¥168 million.」
The investment business partially sold existing investments and recorded revenue of ¥345 million, segment profit of ¥168 million and EBITDA of ¥168 million. - FY2020-Q2AdvancedAnnual report
「During the second-quarter year-to-date consolidated period, the Company partially sold certain existing investments. As a result, revenue from the investment business was ¥347 million, segment profit was ¥172 million and EBITDA was ¥172 million.」
The investment business partially sold existing investments and recorded revenue of ¥347 million, segment profit of ¥172 million and EBITDA of ¥172 million. - FY2020-Q1First statedAnnual report
「The Company launched venture investment as a business from the first-quarter year-to-date consolidated period and has already begun generating earnings from the business.」
The Company organised its longstanding investments in venture companies into a structured business through the establishment of an investment business division. Following the partial sale of certain existing investments, the investment business generated revenue of ¥354 million, segment profit of ¥183 million and EBITDA of ¥183 million in the quarter.