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Sumitomo Corporation (Sumitomo Shoji Kaisha,Ltd.) (8053) · RiskMaterialised

Impairment Risk on Investment in Indonesian Commercial Bank Emerges

First written in FY2018. 1 of 1 entries say "Materialised", first in FY2018. Latest entry: FY2018.

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Recognition of Valuation Losses on Investment Securities and Shares of AffiliatesA theme 212 companies write about · 222 as a headwind · 0 as a tailwind

Sumitomo Corporation (Sumitomo Shoji Kaisha,Ltd.) moved to the "Worse" side of this theme in 2018, 4 years before the typical company in this theme (2022).

The whole theme swung hardest in 2017: 8 of 23 companies on the "Worse" side.

24 other companies' latest entry also says "Materialised".

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Showing 14 of the 190 companies compared. The sentences above are computed from all 190.Comparing 200 of the theme's 223 threads.
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  1. FY2018MaterialisedAnnual report

    「During the current period, the Company recognized an impairment loss of ¥15,069 million on its investment in Indonesia's PT. Bank Tabungan Pensiunan Nasional Tbk as a result of, among other factors, a review of the investee's long-term business plan.」

    An impairment loss of ¥15,069 million arose on the investment in the Indonesian commercial bank following, among other factors, a review of its long-term business plan.
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Sumitomo Corporation (Sumitomo Shoji Kaisha,Ltd.)'s next results are scheduled for 2026-11-02. Read the earnings preview
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