Risk of Declines in the Value of Investment Securities and Impairment Losses
First written in FY2021. 7 of 14 entries say "Materialised", first in FY2022-Q2. Latest entry: FY2026-H1.
OPEN Group moved to the "Worse" side of this theme in 2022, 2 years after the typical company in this theme (2020).
The whole theme swung hardest in 2019: 37 of 69 companies on the "Worse" side.
11 other companies' latest entry also says "Worsened".
- FY2026-H1WorsenedAnnual report
「Valuation losses on investment securities 13,999 41,156」
Valuation losses on investment securities increased from ¥13,999 thousand in the same period of the previous year to ¥41,156 thousand. - FY2025-H1MaterialisedAnnual report
「Valuation losses on investment securities 13,999」
The company recognized a ¥13,999 thousand valuation loss on investment securities during the interim consolidated accounting period, and the risk of a decline in their value materialized as an additional loss. - FY2025-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It states that there have been no material changes in the risk of declines in the value of investment securities or impairment risk. - FY2024MaterialisedAnnual report
「The company recognized an impairment loss of ¥9,980 thousand on other securities.」
The risk of a decline in the value of investment securities additionally materialized in the current fiscal year as a ¥9,980 thousand valuation loss. - FY2024-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It states that there have been no material changes in the risk of declines in the value of investment securities or impairment risk. This is a general risk disclosure, with no new quantified event reported. - FY2024-Q1MaterialisedAnnual report
「Extraordinary losses Valuation losses on investment securities — 9,980」
The company recognized a ¥9,980 thousand valuation loss on investment securities in the first quarter, and the risk of a decline in their value materialized as an additional loss. - FY2023MaterialisedAnnual report
「Based on the performance trends of certain investee companies, the company recognized a ¥49 million valuation loss on investment securities as an extraordinary loss because their net realizable value had fallen significantly below their carrying value.」
The risk of a decline in the value of investment securities materialized in the current fiscal year as a ¥49,999 thousand valuation loss. - FY2023-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It states that there have been no material changes in the risk of declines in the value of investment securities or impairment risk. - FY2023-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It states that there have been no material changes in the risk of declines in the value of investment securities or impairment risk. - FY2022MaterialisedAnnual report
「Based on the performance trends of certain investee companies, the company recognized a ¥601 million valuation loss on investment securities whose net realizable value had fallen significantly below their carrying value.」
The risk of a decline in the value of investment securities materialized for the full fiscal year as a ¥601 million valuation loss. - FY2022-Q3MaterialisedAnnual report
「Due to the recognition of ¥203 million in impairment losses and ¥591 million in valuation losses on investment securities as extraordinary losses, the quarterly net loss attributable to owners of the parent was ¥769 million, compared with quarterly net income attributable to owners of the parent of ¥71 million in the same quarter of the previous year.」
A ¥591,117 thousand valuation loss on investment securities was recognized as an extraordinary loss, and the risk of a decline in the value of investment securities materialized as a loss. - FY2022-Q2MaterialisedAnnual report
「Due to the recognition of ¥203 million in impairment losses and ¥591 million in valuation losses on investment securities as extraordinary losses, the quarterly net loss attributable to owners of the parent was ¥769 million, compared with quarterly net income attributable to owners of the parent of ¥71 million in the same quarter of the previous year.」
A ¥591,117 thousand valuation loss on investment securities was recognized as an extraordinary loss, and the risk of a decline in value due to deterioration in the performance or financial condition of investee companies and other factors materialized as an actual loss. - FY2022-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It states that there have been no material changes in the risk of declines in the value of investment securities or impairment risk. - FY2021First statedAnnual report
「The company holds investment securities for management and sales strategy purposes. However, if their market value or net realizable value falls significantly due to deterioration in the performance or financial condition of the issuing company or other factors, this could affect the financial condition and operating results of the Group.」
For investment securities, it has newly identified as a standalone item the risk of a significant decline in market value or net realizable value due to deterioration in the performance or financial condition of the issuing companies.