Risk of losses from a share-price-linked derivative on インティメート・マージャー shares
First written in FY2021-Q1. 2 of 3 entries say "Worsened", first in FY2021-Q2. Latest entry: FY2021-Q3.
FreakOut Holdings moved to the "Worse" side of this theme in 2021.
The whole theme swung hardest in 2023: 3 of 10 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2021-Q3WorsenedAnnual report
「The ¥339.545 million derivative loss represents the loss arising under the derivative contract relating to fluctuations in the share price of Intimate Merger,Inc. shares transferred by the company.」
The derivative loss from the share-price-linked transaction involving Intimate Merger,Inc. shares reached ¥339.545 million on a cumulative third-quarter basis, increasing from the cumulative amount for the previous quarter. - FY2021-Q2WorsenedAnnual report
「The ¥227.644 million derivative valuation loss represents the loss arising under the derivative contract relating to fluctuations in the share price of Intimate Merger,Inc. shares transferred by the company, based on the share-price movement from the day after the share transfer agreement date, 17 November 2020, through the end of the cumulative second-quarter period.」
The derivative valuation loss from the share-price-linked transaction involving Intimate Merger,Inc. shares reached ¥227.644 million on a cumulative second-quarter basis, increasing from the amount disclosed for the previous quarter. - FY2021-Q1First statedAnnual report
「In connection with the partial transfer of shares in Intimate Merger,Inc., formerly one of our specified subsidiaries, we entered into the following derivative contract relating to fluctuations in the share price of Intimate Merger,Inc. with SBI Securities Co., Ltd., the transferee of the shares. Maturity date: 16 September 2021. Number of underlying shares: 450,000. Settlement amount at maturity: If the average share price of Intimate Merger,Inc. from 17 November 2020 through the maturity date exceeds the closing share price of Intimate Merger,Inc. as of 16 November 2020, the company will receive the settlement amount; if it is lower, the company will pay the settlement amount.」
The company entered into a share-price-linked transaction contract covering 450,000 Intimate Merger,Inc. shares, creating exposure to settlement payments if the share price declines. A derivative valuation loss of ¥95.227 million was recognized during the quarter, indicating that losses from share-price fluctuations had actually arisen.