Market-price fluctuation risk related to held securities
First written in FY2018. 2 of 5 entries say "Materialised", first in FY2020. Latest entry: FY2022.
Shibuya 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: 55 of 136 companies on the "Worse" side.
31 other companies' latest entry also says "Mitigated".
- FY2022MitigatedAnnual report
「During the consolidated fiscal year, the Company recognised impairment losses of ¥178 million on other securities, comprising ¥4 million on shares with market prices and ¥174 million on shares without market prices.」
Impairment losses on securities were recognised, but declined from ¥425 million in the previous fiscal year to ¥178 million. - FY2021WorsenedAnnual report
「During the consolidated fiscal year, the Company recognised impairment losses of ¥425 million on other securities, comprising ¥417 million on listed shares with market prices and ¥7 million on shares for which market prices were considered extremely difficult to determine.」
Impairment losses on held securities increased from ¥301 million in the previous fiscal year to ¥425 million, indicating a greater impact from the risk of market price fluctuations. - FY2021-Q2MaterialisedAnnual report
「Loss on valuation of investment securities — 7」
During the 2nd quarter of the consolidated cumulative period, the Company recognised a ¥7 million loss on valuation of investment securities as an extraordinary loss. - FY2020MaterialisedAnnual report
「During the consolidated fiscal year, the Company recognised impairment losses of ¥301 million on other securities, comprising ¥51 million on listed shares with market prices and ¥250 million on shares for which market prices were considered extremely difficult to determine.」
The risk associated with fluctuations in the market prices of held securities materialised as a ¥301 million loss on valuation of investment securities. - FY2018First statedAnnual report
「If share prices rise due to movements in the stock market, unrealised gains will increase. However, a substantial decline in share prices could require the Company to recognise impairment losses and could adversely affect business performance.」
The Company describes the impairment risk from declines in the share prices of securities held to maintain business relationships or manage surplus funds.