Prored Partners (7034) · RiskFirst statedLatest Earnings presentation (2026-06-17): "Restated"
Performance fluctuations due to fund exit timing and consideration
First written in FY2025. 1 of 2 entries say "Restated". Latest entry: 2026-06-17.
2entries
1years
1from disclosures
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Same theme, other companies
Earnings volatility arising from the timing of capital gains and performance feesA theme 5 companies write about · 5 as a headwind · 0 as a tailwind
0 other companies' latest entry also says "Restated".
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- 2026-06-17RestatedEarnings presentation
「This involves the other parties, so I cannot say for certain, but Bulpas has invested in 7 or 8 companies. In any event, there is also the fund's term, so the exits will need to take place by then. That said, there may be 1 or 2 exits each year. As this depends on the other parties, I would appreciate your understanding.」
Based on the fact that there had been no exits in the first half, explained that there were 7 to 8 investee companies, with exits expected by the end of the fund term and potentially 1 to 2 exits per year. No withdrawal of the risk of earnings fluctuations depending on the timing and consideration of exits was indicated. - FY2025First statedAnnual report
「投資先企業のExitは、主に第三者への株式譲渡となり、そのキャピタルゲインが収益となりますが、実現する時期及び対価は投資先企業の特性やその他様々な要因の影響を受けます。そのため、会計年度ごとに業績が大きく変動する可能性があります。」
ファンド事業の収益が投資先企業のExitによるキャピタルゲインに依存し、Exitの時期・対価により年度業績が大きく変動するリスクを新たに開示。