Investment Valuation Losses and Impairment Risk Due to Deterioration in Affiliated-Company Performance
First written in FY2016. 9 of 14 entries say "Worsened", first in FY2020-Q2. Latest entry: FY2025.
Konaka moved to the "Worse" side of this theme in 2016, 7 years before the typical company in this theme (2023).
The whole theme swung hardest in 2024: 8 of 13 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「Key financial information: (1) Sales: ¥10,870 million; (2) Ordinary loss: △¥1,282 million; (3) Net loss: △¥1,761 million; (4) Net assets: △¥3,144 million」
STJ's sales were ¥10,870 million, while it recorded an ordinary loss of ¥1,282 million, a net loss of ¥1,761 million and negative net assets of ¥3,144 million, indicating further deterioration in its financial position from the previous fiscal year. - FY2025-H1WorsenedAnnual report
「Within the Samantha Thavasa Group, we worked to restore performance by further improving management efficiency, capturing inbound demand, improving the EC business and developing collaborations with popular characters.」
The STJ Group continues to implement measures to restore performance, but in its core fashion business, the STJ Group's withdrawal from unprofitable stores is a factor behind declining sales, and the impact of the affiliate's performance continues. - FY2024WorsenedAnnual report
「Sales of 株式会社サマンサタバサジャパンリミテッド account for more than 10% of consolidated sales, excluding sales between consolidated companies. Key financial information: (1) Sales: ¥14,441 million; (2) Ordinary loss: △¥1,645 million; (3) Net loss: △¥2,227 million; (4) Net assets: △¥1,382 million」
While STJ generated sales of ¥14,441 million, it recorded an ordinary loss of ¥1,645 million, a net loss of ¥2,227 million and negative net assets of ¥1,382 million, indicating continued deterioration in the affiliate's performance and financial position. - FY2024-Q2WorsenedAnnual report
「株式会社サマンサタバサジャパンリミテッド, which continues to struggle to recover sales and proceeded with the closure of 30 unprofitable stores」
The disclosure notes delayed sales recovery at STJ and the withdrawal from 30 unprofitable stores, indicating that the affiliate's deteriorating performance is continuing. - FY2023MitigatedAnnual report
「The operating loss was ¥912 million after consolidating the ¥1,215 million operating loss of 株式会社サマンサタバサジャパンリミテッド (operating loss of ¥3,255 million in the same period of the previous year).」
The operating loss of サマンサタバサ narrowed from ¥2,021 million in the previous year to ¥1,215 million, reducing the affiliate's impact on the consolidated operating loss from the previous year. - FY2022MitigatedAnnual report
「The operating loss was ¥3,255 million after consolidating the ¥2,021 million operating loss of 株式会社サマンサタバサジャパンリミテッド (operating loss of ¥7,825 million in the same period of the previous year).」
The operating loss of サマンサタバサ narrowed from ¥3,301 million in the previous year to ¥2,021 million, reducing the affiliate's impact on the consolidated operating loss from the previous year. - FY2022-Q3MitigatedAnnual report
「The operating loss was ¥1,018 million after consolidating the ¥1,272 million operating loss of 株式会社サマンサタバサジャパンリミテッド (operating loss of ¥4,889 million in the same period of the previous year).」
The operating loss of サマンサタバサジャパンリミテッド narrowed from ¥2,467 million in the same period of the previous year to ¥1,272 million, reducing the affiliate's impact on the consolidated operating loss from the previous year. - FY2021WorsenedAnnual report
「The operating loss was ¥7,825 million after consolidating the ¥3,301 million operating loss of 株式会社サマンサタバサジャパンリミテッド (operating loss of ¥4,938 million in the same period of the previous year).」
The ¥3,301 million operating loss of サマンサタバサジャパンリミテッド was consolidated, directly reflecting the affiliate's deteriorating performance in the widening operating loss. - FY2021-Q3WorsenedAnnual report
「The operating loss was ¥4,889 million after consolidating the ¥2,467 million operating loss of 株式会社サマンサタバサジャパンリミテッド (operating loss of ¥1,869 million in the same period of the previous year).」
The ¥2,467 million operating loss of サマンサタバサジャパンリミテッド was consolidated, directly reflecting the affiliate's deteriorating performance as a factor in the widening operating loss. - FY2020WorsenedAnnual report
「The ordinary loss was ¥6,628 million, mainly due to the recognition of an equity-method investment loss of ¥2,532 million (ordinary income of ¥454 million in the same period of the previous year).」
The equity-method investment loss related to affiliates increased to ¥2,532 million, resulting in a shift from ordinary income to an ordinary loss. - FY2020-Q3WorsenedAnnual report
「The ordinary loss was ¥3,836 million, mainly due to the recognition of an equity-method investment loss of ¥2,285 million (ordinary income of ¥1,986 million in the same period of the previous year).」
The equity-method investment loss related to affiliates increased to ¥2,285 million, up from ¥1,877 million in the cumulative period of the previous quarter. - FY2020-Q2WorsenedAnnual report
「The ordinary loss was ¥1,584 million, mainly due to the recognition of an equity-method investment loss of ¥1,877 million (ordinary income of ¥2,022 million in the same period of the previous year).」
The Company recognized an equity-method investment loss of ¥1,877 million related to affiliates such as サマンサタバサ, increasing the impact of affiliate investments from ¥423 million in the previous quarter. - FY2020-Q1MaterialisedAnnual report
「This was due in part to the recognition of an equity-method investment loss of ¥423 million in respect of 株式会社サマンサタバサジャパンリミテッド.」
The Company recognized an equity-method investment loss of ¥423 million in respect of サマンサタバサジャパンリミテッド, resulting in an actual investment loss related to an affiliate. - FY2016MaterialisedAnnual report
「If the performance of each affiliate deteriorates significantly and it is determined that its business will not develop as planned over the long term, the Group may be required to recognize an allowance for investment losses or an impairment loss on investments in affiliates. This could affect the Group's performance.」
The disclosure covers the valuation risk of investments in affiliates. In the current fiscal year, the Company also recognized a ¥25 million loss on valuation of investments in affiliates and recorded additions to and a balance of the allowance for investment losses.