Risk of fluctuations in the fair value and intrinsic value of investment securities
First written in FY2021. 1 of 2 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2019: 31 of 92 companies on the "Worse" side.
39 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The fair value of securities other than shares and other instruments without market prices may fluctuate depending on share-price trends, while the net asset value of shares and other securities without market prices may fluctuate depending on the financial condition of the issuing company. These changes could affect the group's financial condition and business performance.」
The company continues to describe the risk of fluctuations in the fair value and net asset value of investment securities, along with its policy for deciding whether to continue holding individual securities. - FY2021First statedAnnual report
「Going forward, the fair value of securities with market prices may fluctuate depending on share-price trends, while the net asset value of securities without market prices may fluctuate depending on the financial condition of the issuing company. These changes could have a significant impact on the group's financial condition and business performance.」
The company specified the risk that share prices and the financial condition of issuers of investment securities held to maintain and expand business relationships may fluctuate.