Share Price Volatility Risk Relating to Marketable Equity Securities and Pension Assets
First written in FY2016. 16 of 34 entries say "Materialised", first in FY2017-Q1. Latest entry: FY2026.
Nagase & moved to the "Worse" side of this theme in 2021, 1 year after the typical company in this theme (2020).
The whole theme swung hardest in 2019: 12 of 22 companies on the "Worse" side.
4 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「During the consolidated fiscal year, the Company recorded impairment losses of ¥516 million on securities, comprising ¥516 million on shares classified as other securities.」
Price and value fluctuations in listed shares and other securities materialized as a ¥516 million valuation loss on investment securities. Share sales totaled ¥4,473 million, and gains on sales were ¥3,497 million. - FY2026-H1MaterialisedAnnual report
「Loss on valuation of investment securities － 162」
The Company recorded a ¥162 million valuation loss on investment securities due to price fluctuations in listed shares and other securities. - FY2025MaterialisedAnnual report
「During the consolidated fiscal year, the Company recorded impairment losses of ¥1,234 million on securities, comprising ¥1,225 million on shares classified as other securities and ¥9 million on capital contributions.」
Price and value fluctuations in listed shares and other securities materialized as a ¥1,234 million impairment loss on securities. Share sales totaled ¥3,283 million. - FY2025-H1The fair value of shares held declined while gains on sales increasedAnnual report
「Fixed assets increased due to increases in tangible and intangible fixed assets and other factors, despite a decrease resulting from the decline in the fair value of investment securities.」
Investment securities decreased due to the decline in the fair value of shares held, while gains on sales of investment securities increased from ¥923 million in the same period of the previous year to ¥2,790 million. The impact of share-price fluctuations was reflected both in lower valuations and higher gains on sales. - FY2024-Q3The fair value of shares held rose while valuation losses declinedAnnual report
「Fixed assets increased due to a rise in the fair value of investment securities, increases in tangible and intangible fixed assets and other factors.” “Valuation loss on investment securities 1,349 9」
Fixed assets increased as a result of the rise in the fair value of investment securities, while the valuation loss on investment securities decreased from ¥1,349 million in the same period of the previous year to ¥9 million. The impact of share-price fluctuations continues. - FY2024-Q2The fair value of shares held rose while valuation losses declinedAnnual report
「Fixed assets increased due to a rise in the fair value of investment securities, increases in tangible and intangible fixed assets and other factors.” “Valuation loss on investment securities 457 104」
Fixed assets increased as a result of the rise in the fair value of investment securities, while the valuation loss on investment securities decreased from ¥457 million in the same period of the previous year to ¥104 million. The impact of share-price fluctuations continues. - FY2024-Q1MaterialisedAnnual report
「Valuation loss on investment securities 79 864」
The valuation loss on investment securities increased from ¥79 million in the same period of the previous year to ¥864 million, with valuation losses from price fluctuations in listed shares materializing. - FY2023MaterialisedAnnual report
「During the consolidated fiscal year, the Company recorded impairment losses of ¥2,120 million on securities, comprising ¥2,028 million on shares classified as other securities, ¥81 million on capital contributions and ¥10 million on investments in affiliates.」
Price and value fluctuations in listed shares and other securities materialized as a ¥2,120 million impairment loss on securities. - FY2023-Q3MaterialisedAnnual report
「Valuation loss on investment securities 1,349」
For the first nine months of the fiscal year, the Company recorded a ¥1,349 million valuation loss on investment securities. Price fluctuations in listed shares have materialized as valuation losses. - FY2023-Q2MaterialisedAnnual report
「Fixed assets edged up due to increases in tangible and intangible fixed assets, despite a decline in the fair value of investment securities.」
The decline in the fair value of shares held contributed to the decrease in investment securities, and the Company also recorded a ¥457 million valuation loss on investment securities for the first six months of the fiscal year. - FY2023-Q1MaterialisedAnnual report
「Fixed assets edged up due to increases in tangible and intangible fixed assets, despite a decline in the fair value of investment securities.” “Valuation loss on investment securities 79」
The decline in the fair value of shares held contributed to the decrease in investment securities, and the Company also recorded a ¥79 million valuation loss on investment securities. - FY2022MaterialisedAnnual report
「During the consolidated fiscal year, the Company recorded impairment losses of ¥1,436 million on securities, comprising ¥1,436 million on shares classified as other securities.」
The risk of share-price fluctuations materialized as a ¥1,436 million valuation loss on investment securities. Meanwhile, share sales totaled ¥7,736 million, and the Company also continued to reduce its holdings. - FY2022-Q3MaterialisedAnnual report
「Fixed assets edged up due to an increase in intangible fixed assets, despite a decline in the fair value of investment securities.」
The decline in the fair value of investment securities continued, with the balance decreasing from ¥9,371.9 million at the end of the previous fiscal year to ¥8,942.0 million. - FY2022-Q2MaterialisedAnnual report
「Fixed assets edged down, mainly due to a decline in the fair value of investment securities, despite an increase in intangible fixed assets.」
Investment securities decreased from ¥93,719 million at the end of the previous consolidated fiscal year to ¥90,429 million, with the decline in the fair value of shares held reflected in a decrease in fixed assets. - FY2022-Q1MaterialisedAnnual report
「Fixed assets edged down, mainly due to a decline in the fair value of investment securities, despite an increase in intangible fixed assets.」
The decline in the fair value of shares held was reflected in a decrease in investment securities and a slight decline in fixed assets. - FY2021Higher market values of held shares alongside gains on saleAnnual report
「Property, plant and equipment and intangible assets increased by ¥6.71 billion from the end of the previous consolidated fiscal year to ¥238.83 billion, mainly owing to an increase in investment securities resulting from higher market values of held shares, despite decreases resulting from the amortization of intangible fixed assets and the deconsolidation of certain domestic subsidiaries.」
Higher market values of held shares contributed to an increase in fixed assets, while a gain on sale of investment securities of ¥5,774 million was also recorded, with income from higher market values and sales occurring concurrently. - FY2021-Q3Higher market values of held shares alongside gains on saleAnnual report
「Property, plant and equipment and intangible assets increased by ¥14.96 billion from the end of the previous consolidated fiscal year to ¥247.1 billion, mainly owing to an increase in investment securities resulting from higher market values of held shares, despite decreases resulting from the amortization of intangible fixed assets and the deconsolidation of certain domestic subsidiaries.」
Investment securities increased owing to higher market values of held shares. In addition, a gain on sale of investment securities of ¥5,769 million was recorded, with income from higher market values and sales occurring concurrently. - FY2021-Q2Higher market values of held shares alongside proceeds from salesAnnual report
「Property, plant and equipment and intangible assets increased by ¥15.92 billion from the end of the previous consolidated fiscal year to ¥248.06 billion, mainly owing to an increase in investment securities resulting from higher market values of held shares, despite a decrease resulting from the amortization of intangible fixed assets.」
Investment securities increased owing to higher market values of held shares. In addition, proceeds of ¥5,746 million from the sale of investment securities and a gain on sale of ¥5,597 million were recorded. - FY2021-Q1Gain on sale of held shares recognized and higher market valuesAnnual report
「Net income attributable to owners of the parent was ¥6.8 billion, up 63.8% year on year, mainly reflecting the recognition of gains on the sale of held shares.」
Gains on the sale of held shares contributed to the increase in quarterly net income. In addition, the increase in investment securities resulting from higher market values of held shares was also reported. - FY2020-Q3Higher market values of held shares continuedAnnual report
「Property, plant and equipment and intangible assets increased by ¥49.75 billion from the end of the previous consolidated fiscal year to ¥251.27 billion, mainly owing to the acquisition of assets accompanying the initial consolidation of a subsidiary, the recognition of intangible assets including goodwill, and an increase in investment securities resulting from higher market values of held shares.」
The increase in investment securities resulting from higher market values of held shares was reported again after FY2020-Q2. - FY2020-Q2Higher market values of held sharesAnnual report
「Property, plant and equipment and intangible assets increased by ¥42.62 billion from the end of the previous consolidated fiscal year to ¥244.14 billion, mainly owing to the acquisition of assets accompanying the initial consolidation of a subsidiary, an increase in goodwill and an increase in investment securities resulting from higher market values of held shares.」
Unlike the decline in the market value of held shares from the end of the previous fiscal year, higher market values were reported as a factor increasing investment securities at the end of the second quarter under review. - FY2020-Q1MaterialisedAnnual report
「Property, plant and equipment and intangible assets decreased by ¥190 million from the end of the previous consolidated fiscal year to ¥201.32 billion, mainly owing to a decrease in investment securities resulting from lower market values of held shares, despite an increase in tangible fixed assets for business use, among other factors.」
The decline in the market value of held shares emerged as a decrease in investment securities during the first quarter under review. - FY2019MaterialisedAnnual report
「Property, plant and equipment and intangible assets decreased by ¥14.61 billion from the end of the previous consolidated fiscal year to ¥201.51 billion, mainly owing to a decrease in investment securities resulting from the sale of held shares and lower market values.」
Investment securities decreased from ¥100.4 billion at the end of the previous fiscal year to ¥90.3 billion, with the decrease resulting from lower market values and other factors emerging during the full fiscal year. In addition, an impairment loss was recognized on shares with quoted market values in the amount of ¥183 million. - FY2019-Q3MaterialisedAnnual report
「Property, plant and equipment and intangible assets decreased by ¥12.2 billion from the end of the previous consolidated fiscal year to ¥203.92 billion, mainly owing to a decrease in investment securities resulting from lower market values of held shares.」
Unlike the rise in the market value of held shares that continued through the previous quarter, the decline in market values emerged as a decrease in investment securities at the end of the third quarter under review. - FY2019-Q2Higher market values of held shares continuedAnnual report
「Property, plant and equipment and intangible assets increased by ¥5.84 billion from the end of the previous consolidated fiscal year to ¥221.97 billion, mainly owing to an increase in investment securities resulting from higher market values of held shares.」
The increase in investment securities resulting from higher market values of held shares continued from the end of FY2018 through the second quarter under review. - FY2019-Q1Higher market values of held shares continuedAnnual report
「Property, plant and equipment and intangible assets increased by ¥2.59 billion from the end of the previous consolidated fiscal year to ¥218.72 billion, mainly owing to an increase in investment securities resulting from higher market values of held shares.」
The increase in investment securities resulting from higher market values of held shares continued from the end of FY2018 through the first quarter under review. - FY2018Higher market values of held shares and no impairment recognizedAnnual report
「Property, plant and equipment and intangible assets increased by ¥5.77 billion from the end of the previous consolidated fiscal year to ¥215.33 billion, mainly owing to an increase in investment securities resulting from higher market values of held shares and the recognition of goodwill, among other factors.」
Higher market values of held shares contributed to the increase in investment securities for the full fiscal year, and no impairment was recognized on other securities with quoted market values during the fiscal year. - FY2018-Q3Higher market values of held shares continuedAnnual report
「Property, plant and equipment and intangible assets increased by ¥17.28 billion from the end of the previous consolidated fiscal year to ¥226.84 billion, mainly owing to an increase in investment securities resulting from higher market values of held shares and the recognition of goodwill, among other factors.」
The increase in investment securities resulting from higher market values of held shares continued from the end of the previous fiscal year. - FY2018-Q2Higher market values of held shares continuedAnnual report
「Property, plant and equipment and intangible assets increased by ¥12.14 billion from the end of the previous consolidated fiscal year to ¥221.7 billion, mainly owing to an increase in investment securities resulting from higher market values of held shares and the recognition of goodwill, among other factors.」
The increase in investment securities resulting from higher market values of held shares continued from the end of the previous fiscal year. - FY2018-Q1Higher market values of held shares continuedAnnual report
「Property, plant and equipment and intangible assets increased by ¥4.48 billion from the end of the previous consolidated fiscal year to ¥214.04 billion, mainly owing to an increase in investment securities resulting from higher market values of held shares.」
Investment securities increased owing to higher market values of held shares, with the upward trend in market valuations continuing from the end of the previous fiscal year. - FY2017RestatedAnnual report
「Our group holds marketable shares, primarily in business partners, and is exposed to the risk of share-price fluctuations. To address these risks, we take measures to mitigate them, including continually reviewing and reducing our shareholdings. However, this may affect the operating results and financial position of our group.」
The company is reconfirming the share-price volatility risk for marketable shares and its response through continual review and reduction of its shareholdings. Other securities at the fiscal year-end amounted to ¥8,409.0 million. - FY2017-Q3Market valuations shifted upwardAnnual report
「Property, plant and equipment and intangible assets increased by ¥9.53 billion from the end of the previous consolidated fiscal year to ¥209.28 billion, mainly owing to an increase in investment securities resulting from higher market values of held shares, despite the sale of shares in affiliated companies.」
Unlike the declines in the market value of held shares reported through the previous quarter, investment securities increased this time owing to higher market values. - FY2017-Q1MaterialisedAnnual report
「Property, plant and equipment and intangible assets decreased by ¥6.46 billion from the end of the previous consolidated fiscal year to ¥193.28 billion, mainly owing to a decrease in investment securities resulting from declines in the market value of held shares and the sale of shares in affiliated companies.」
Investment securities decreased owing to declines in the market value of held shares, and an impairment loss on investment securities of ¥151 million was recorded in the quarterly consolidated income statement. - FY2016First statedAnnual report
「Our group holds marketable shares, primarily in business partners, and is exposed to the risk of share-price fluctuations. To address these risks, we take measures to mitigate them, including continually reviewing and reducing our shareholdings.」
Investment securities decreased by ¥1,129.3 million year on year, and the valuation difference on other securities also decreased during the fiscal year.