Decline in Equity Value of CVC Portfolio Companies and Risk of Investment Losses
First written in FY2021. 4 of 7 entries say "Materialised", first in FY2022-Q3. Latest entry: FY2026.
The whole theme swung hardest in 2026: 35 of 80 companies on the "Worse" side.
- FY2026WorsenedAnnual report
「Non-operating expenses were ¥140.7 million, an increase of ¥10.744 million from the previous consolidated fiscal year. The main component was impairment losses on investment securities.」
Impairment losses on investment securities increased from ¥20 million in the previous fiscal year to ¥76.559 million, expanding losses associated with declines in the value of CVC and other investee companies. - 2026-05-14MaterialisedEarnings
「Loss on valuation of investment securities 20,000 76,559」
The Company recorded a ¥76,559 thousand loss on valuation of investment securities in the fiscal year ending March 2026, with investment losses increasing from the previous fiscal year. - FY2024MaterialisedAnnual report
「Non-operating expenses were ¥42.774 million, up 61.4% from the previous consolidated fiscal year. The main components were impairment losses on investment securities and costs related to the acquisition of treasury shares.」
The company recognized an impairment loss on investment securities of ¥19.8 million in the current fiscal year, resulting in losses associated with declines in the value of CVC and other investee companies. - FY2023RestatedAnnual report
「If an unforeseen event occurs in connection with an investment, or if the value of shares in an investee declines significantly, the business activities and performance of the Group may be affected.」
The company continues to address the risk of declines in the value of CVC portfolio companies and investment losses through monitoring and reporting to the Board of Directors. - FY2022MaterialisedAnnual report
「Impairment loss on investment securities 14,226」
The company recognized an impairment loss on investment securities of ¥14.226 million as a non-operating expense in the current fiscal year, confirming a loss resulting from a decline in investment value. - FY2022-Q3MaterialisedAnnual report
「Impairment loss on investment securities 14,226」
The company recognized an impairment loss on investment securities of ¥14.226 million in the cumulative third quarter of the current consolidated fiscal year, indicating that losses resulting from declines in investment value had occurred. - FY2021First statedAnnual report
「Business development with companies in which investments have been made is progressing smoothly. However, if an unforeseen event occurs in connection with an investment, or if the value of shares in an investee declines significantly, the business activities and performance of the Group may be affected.」
In the current fiscal year, the company recognized an impairment loss of ¥20 million on investment securities held by the HR Tech Investment Limited Liability Partnership, indicating that a decline in investment value has occurred in practice.