Capital Losses on Investees and Uncertainty over Recovery of Investments
First written in FY2021. 2 of 4 entries say "Restated". Latest entry: FY2026.
Serendip Holdings moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
The whole theme swung hardest in 2024: 9 of 12 companies on the "Worse" side.
6 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「During the consolidated fiscal year, the company recorded impairment losses of ¥99,999 thousand on other securities, including ¥99,999 thousand on securities held for operating investment purposes.」
The possibility of capital losses on investments and securities held for operating investment purposes materialized as a ¥99,999 thousand impairment loss on securities held for operating investment purposes. - FY2023RestatedAnnual report
「There is no assurance that an investment will generate a capital gain. An investment may result in a capital loss.」
The disclosure continues to address uncertainty over investment recovery and capital gains in connection with co-investments and minority investments. - FY2022RestatedAnnual report
「There is no assurance that an investment will generate a capital gain. An investment may result in a capital loss.」
The uncertainty of capital gains and the possibility of capital losses relating to investments in unlisted shares and other investments continue. - FY2021First statedAnnual report
「There is no assurance that an investment will generate a capital gain. An investment may result in a capital loss.」
The disclosure explicitly identifies risks relating to investments in unlisted companies, including instability in their earnings bases and financial foundations.