Risk of a decline in the market value of securities held
First written in FY2020. 2 of 4 entries say "Materialised", first in FY2021. Latest entry: FY2024.
Kimura Chemical Plants moved to the "Worse" side of this theme in 2021, 1 year after the typical company in this theme (2020).
The whole theme swung hardest in 2019: 42 of 81 companies on the "Worse" side.
27 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「During the consolidated fiscal year, the Company recorded impairment losses of ¥54 million on securities, all of which related to listed shares classified as other securities. For the consolidated fiscal year from 1 April 2023 to 31 March 2024, there were no applicable items.」
Although the risk of a decline in the market value of securities continues to be disclosed, no impairment losses on securities were recorded during the fiscal year. - FY2023MaterialisedAnnual report
「During the consolidated fiscal year, the Company recorded impairment losses of ¥54 million on securities, all of which related to listed shares classified as other securities.」
Regarding the risk of a decline in the market value of securities held, the Company recorded ¥54 million in impairment losses on listed shares during the fiscal year. - FY2021MaterialisedAnnual report
「During the consolidated fiscal year, the Company recorded impairment losses of ¥76 million on securities, comprising ¥64 million on listed shares classified as other securities and ¥11 million on unlisted shares classified as other securities.」
Regarding the risk of a decline in the market value of securities held, the Company actually recorded ¥76 million in securities valuation losses and impairment losses during the fiscal year. - FY2020First statedAnnual report
「The Group holds listed shares with market values as investment securities. However, if the valuation of securities held declines due to a sluggish stock market, deterioration in business performance or bankruptcy, and no recovery is expected, this could affect the Group's operating results and financial condition.」
It discloses the risk of a decline in the valuation of shares held for policy purposes and other securities due to a sluggish stock market or deterioration in the performance of investee companies.