Risk of fluctuations in the prices of securities held
First written in FY2016. 7 of 18 entries say "Materialised", first in FY2020. Latest entry: FY2026.
Tokyo Century moved to the "Worse" side of this theme in 2022, 3 years after the typical company in this theme (2019).
The whole theme swung hardest in 2019: 70 of 144 companies on the "Worse" side.
19 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「During the fiscal year under review, impairment losses were recognized on other securities totaling ¥5,415 million, comprising ¥355 million in listed shares, ¥4,108 million in unlisted shares and ¥951 million in other securities, as well as ¥2 million in subsidiary shares and ¥195 million in shares of affiliates.」
Regarding the price volatility risk of securities held, impairment losses increased from ¥4,180 million on other securities and other items in the previous fiscal year. - FY2026-H1MitigatedAnnual report
「The main factor behind the increase in profit was an increase in gains on sales of operating investment securities.」
Regarding the impact of fluctuations in the prices of securities held, the increase in gains on sales of operating investment securities was a factor driving higher profit in the International Business. - FY2025-H1MitigatedAnnual report
「Extraordinary income/loss increased by ¥5.0 billion year on year, or 285.7%, to a ¥6.7 billion profit, mainly due to gains on sales of investment securities.」
Regarding fluctuations in the prices of securities held, extraordinary income/loss resulted in a ¥6.7 billion profit, mainly due to gains on sales of investment securities, while impairment losses on investment securities were limited to ¥245 million. - FY2024-Q3MitigatedAnnual report
「[International Business] Revenue increased by ¥22.0 billion, or 21.1%, year on year to ¥126.2 billion, while segment profit was ¥6.6 billion. In the previous year, the segment had posted a loss of ¥8.9 billion, mainly due to impairment losses on operating investment securities held by a consolidated subsidiary.」
Regarding the price volatility risk of securities held, the International Business posted an ¥8.9 billion segment loss in the same period of the previous year due to impairment losses on operating investment securities, but turned to a ¥6.6 billion profit in the cumulative third quarter under review. - FY2023MaterialisedAnnual report
「During the fiscal year under review, impairment losses were recognized on other securities of ¥18,842 million and subsidiary shares of ¥2 million.」
The price volatility risk of securities held materialized as impairment losses of ¥18,842 million on other securities, among other items. - FY2023-Q3MaterialisedAnnual report
「[International Business] Revenue increased by ¥25.4 billion, or 32.1%, year on year to ¥104.2 billion, while the segment posted a loss of ¥5.0 billion, representing a ¥16.2 billion decline in profit from the previous year. The main factor behind the decline in profit was the recognition of impairment losses on operating investment securities.」
The price volatility risk of securities held materialized as impairment losses on operating investment securities and was reflected in the ¥5.0 billion segment loss of the International Business. - FY2023-Q2WorsenedAnnual report
「[International Business] Revenue increased by ¥15.2 billion, or 29.7%, year on year to ¥66.3 billion, while the segment posted a loss of ¥7.7 billion, representing a ¥15.4 billion decline in profit from the previous year. The main factor behind the decline in profit was the recognition of impairment losses on operating investment securities.」
The price volatility risk of securities held continued to materialize as impairment losses on operating investment securities, resulting in a ¥7.7 billion segment loss in the International Business. The impact of the risk on earnings has been quantified. - FY2023-Q1MaterialisedAnnual report
「The main factor behind the decline in profit was the recognition of impairment losses on operating investment securities held by consolidated subsidiaries.」
The price volatility risk of securities held materialized as impairment losses on operating investment securities held by a consolidated subsidiary and was reflected in the segment loss of the International Business. - FY2022-Q2MitigatedAnnual report
「Extraordinary income/loss improved by ¥400 million year on year to a ¥400 million loss, mainly due to a decrease in impairment losses on investment securities.」
Impairment losses on investment securities decreased from ¥2,483 million in the same period of the previous year to ¥116 million, narrowing the loss in extraordinary income/loss, including impairment losses. - FY2022-Q1MitigatedAnnual report
「Extraordinary gains and losses were a loss of ¥200 million, an improvement of ¥1,300 million year on year mainly due to a decline in impairment losses on investment securities.」
The decline in impairment losses on investment securities improved extraordinary gains and losses by ¥1,300 million year on year. Although impairment losses remained, the loss impact of share price fluctuations decreased from the previous corresponding period. - FY2021MaterialisedAnnual report
「During the consolidated fiscal year, impairment losses were recognized on other securities of ¥2,701 million, shares in subsidiaries of ¥4 million, and shares in affiliates of ¥1,065 million.」
Regarding securities price fluctuation risk, impairment losses were recognized during the full year on other securities, shares in subsidiaries, and shares in affiliates. - FY2021-Q2MaterialisedAnnual report
「Impairment loss on investment securities 2,483」
An impairment loss of ¥2,483 million on investment securities was recorded during the cumulative second quarter of the current consolidated fiscal year, and the price fluctuation risk on securities held materialized as an actual loss. - FY2021-Q1MaterialisedAnnual report
「An impairment loss of ¥2,176 million on investment securities was recorded as an extraordinary loss.」
An impairment loss of ¥2,176 million on investment securities was recorded in the first quarter, and the price fluctuation risk on securities held continued to materialize as an actual loss. - FY2020MaterialisedAnnual report
「Regarding extraordinary gains, although an impairment loss of ¥2,100 million was recorded on investment securities, the company also continued to reduce its investment securities holdings, recording a gain on sales of investment securities of ¥4,500 million and a gain of ¥1,900 million on the step acquisition associated with the consolidation of Aviation Capital Group LLC as a subsidiary, resulting in total extraordinary gains and losses of ¥3,800 million.」
Regarding securities price fluctuation risk, the company states that an impairment loss of ¥2,100 million on investment securities actually occurred, while the holdings were also reduced through sales. - FY2019RestatedAnnual report
「The Group regularly reviews its securities holdings according to the individual business relationships and other factors, but future share price fluctuations may affect the Group’s performance.」
The company has reconfirmed the regular review of securities held for business relationship and investment purposes and the possibility that share price fluctuations may affect performance. - FY2018RestatedAnnual report
「The Group holds securities to strengthen relationships with business partners and for investment purposes.」
The company has reconfirmed the share price fluctuation risk associated with securities held to strengthen business relationships and for investment purposes. - FY2017RestatedAnnual report
「The Group holds securities to strengthen relationships with business partners.」
The company has reiterated the share price fluctuation risk associated with securities held to strengthen business relationships. - FY2016First statedAnnual report
「The Group holds securities to strengthen relationships with business partners.」
The company states that fluctuations in the share prices of securities held may affect performance.