Risk of investment losses due to equity-method affiliates failing to meet their plans
First written in FY2023. 2 of 4 entries say "Materialised", first in FY2023. Latest entry: FY2026.
Glory moved to the "Worse" side of this theme in 2023, 2 years before the typical company in this theme (2025).
The whole theme swung hardest in 2019: 2 of 7 companies on the "Worse" side.
10 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Share of profit (loss) of investments accounted for using the equity method (△ indicates a loss) 475」
Compared with an equity-method investment loss in the previous fiscal year, the current fiscal year resulted in equity-method investment income of ¥475 million. - 2026-05-15MitigatedEarnings
「(Reference) Share of profit (loss) of investments accounted for using the equity method: Fiscal year ending March 2026 ¥475 million; fiscal year ended March 2025 △¥2,512 million」
Share of profit (loss) of investments accounted for using the equity method turned from a loss in the previous fiscal year to a profit in the current fiscal year, easing the impact of investment losses caused by underperformance against plan. - FY2025MaterialisedAnnual report
「This includes an impairment loss of ¥2,132 million recognized for the goodwill-equivalent amount at the time of acquisition of one equity-method affiliate.」
The risk related to the plans and business environment of an equity-method investee materialized again in the current fiscal year as an impairment loss of ¥2,132 million on the goodwill-equivalent amount recognized at acquisition. - FY2023MaterialisedAnnual report
「If an investee that has become an equity-method affiliate fails to achieve its business plan, an investment loss under the equity method may arise and affect results.」
The risk of investment losses resulting from an equity-method investee's failure to meet its plan has been newly identified. An equity-method investment loss of ¥2,978 million was recognized in the current fiscal year, including an impairment loss of ¥1,779 million related to goodwill-equivalent amounts at two companies.