Market Price Volatility Risk for Investment Securities
First written in FY2018. 2 of 4 entries say "Materialised", first in FY2020. Latest entry: FY2021.
Giken moved to the "Worse" side of this theme in 2020, 1 year after the typical company in this theme (2019).
The whole theme swung hardest in 2019: 54 of 136 companies on the "Worse" side.
35 other companies' latest entry also says "Materialised".
- FY2021MaterialisedAnnual report
「During the consolidated fiscal year, the company recognized impairment losses of ¥88 million on securities, consisting of ¥88 million on shares classified as other securities.」
The risk of fluctuations in the market prices of investment securities again materialized during the period in the form of an ¥88 million impairment loss on shares. - FY2020MaterialisedAnnual report
「During the consolidated fiscal year, the company recognized impairment losses of ¥297 million on securities, consisting of ¥297 million on shares held as investment securities.」
The risk of fluctuations in the market prices of investment securities materialized during the period in the form of a ¥297 million impairment loss on shares. - FY2019RestatedAnnual report
「Investment securities consist mainly of shares in companies with which the company has business relationships, investment trusts and other instruments, and some are exposed to the risk of fluctuations in market prices.」
The company continues to disclose the risk of fluctuations in the market prices of investment securities. - FY2018First statedAnnual report
「Investment securities consist mainly of shares in companies with which the company has business relationships, investment trusts and other instruments, and some are exposed to the risk of fluctuations in market prices.」
The company has explicitly disclosed for the first time that some investment securities are exposed to the risk of fluctuations in market prices as a financial instrument risk.