Valuation loss due to a decline in the market value of shares held
First written in FY2016. 3 of 6 entries say "Materialised", first in FY2019. Latest entry: FY2021-Q3.
Kintetsu Department Store moved to the "Worse" side of this theme in 2019, 3 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".
- FY2021-Q3MaterialisedAnnual report
「The recognition as extraordinary losses of ¥2,015 million in store closure losses and ¥114 million in impairment losses on investment securities as losses associated with temporary store closures implemented following the state of emergency declared in response to the spread of COVID-19」
The group recognized an impairment loss on investment securities of ¥114 million, and the risk of impairment losses due to declines in the market value of shares and other securities held continued to materialize in the accounting treatment. - FY2021-Q2MaterialisedAnnual report
「Impairment loss on investment securities 50」
During the cumulative second quarter of the current fiscal year, the group recognized an impairment loss on investment securities of ¥50 million, and the risk of impairment losses due to declines in the market value of shares and other securities held actually materialized. - FY2019MaterialisedAnnual report
「During the consolidated fiscal year, the Company recognized an impairment loss of ¥65 million on securities, comprising ¥65 million on shares classified as other securities.」
The risk of impairment losses due to declines in the market value of securities held actually materialized as an impairment charge of ¥65 million. - FY2018RestatedAnnual report
「If the market value of shares held by the group falls substantially below their carrying value, the group may be required to recognize an impairment loss, potentially adversely affecting its business results and financial condition.」
The risk of impairment losses due to declines in the market value of shares held continues to be disclosed. - FY2017RestatedAnnual report
「If the market value of shares held by the group falls substantially below their carrying value, the group may be required to recognize an impairment loss, potentially adversely affecting its business results and financial condition.」
The risk of impairment losses due to declines in the market value of shares held continues to be disclosed. - FY2016First statedAnnual report
「If the market value of shares held by the group falls substantially below their carrying value, the group may be required to recognize an impairment loss, potentially adversely affecting its business results and financial condition.」
Declines in the market prices of shares held are identified as a financial risk through impairment losses.