Komori
Japan Asia Investment (8518) · InitiativeMitigated

Switching to lower-risk operating investment assets

First written in FY2017-Q1. 14 of 27 entries say "Mitigated", first in FY2017-Q2. Latest entry: FY2024-Q3.

27entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseMitigatedFY2017-Q2 – FY2020-Q1OtherFY2022-Q2 – FY2024-Q12016: 220162017: 320172018: 320182019: 420192020: 320202021: 420212022: 420222023: 320232024: 1
Same theme, other companies
Interest Rate Risk Diversification and Asset-Class Reallocation in a Securities PortfolioA theme 25 companies write about · 1 as a headwind · 27 as a tailwind

0 other companies' latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 25 companies compared. The sentences above are computed from all 25.
Full recordFilings, disclosures and news, newest first
  1. FY2024-Q3MitigatedAnnual report

    「As a result, the allowance ratio at the end of the third quarter of the current consolidated fiscal year, defined as the period-end balance of the provision for investment losses as a percentage of the period-end balance of operating investment securities, declined 2.7 percentage points from the end of the previous consolidated fiscal year to 14.2%.」

    The investment loss allowance ratio fell from 16.9% to 14.2% as provisions were released through the sale of provisioned shares.
  2. FY2024-Q2WorsenedAnnual report

    「As a result, the allowance ratio at the end of the second quarter of the current consolidated fiscal year, defined as the period-end balance of the provision for investment losses as a percentage of the period-end balance of operating investment securities, rose 4.8 percentage points from the end of the previous consolidated fiscal year to 21.7%.」

    The balance of the provision for investment losses increased from ¥1,588 million to ¥1,763 million, and the allowance ratio rose from 16.9% to 21.7%.
  3. FY2024-Q1Allowance ratio risesAnnual report

    「As a result, the allowance ratio at the end of the quarter, defined as the period-end balance of the provision for investment losses as a percentage of the period-end balance of operating investment securities, rose 2.7 percentage points from the end of the previous consolidated fiscal year to 19.6%.」

    The allowance ratio rose from 16.9% to 19.6% due to the increase in the provision for investment losses.
  4. FY2023-Q3Allowance ratio risesAnnual report

    「As a result, the allowance ratio at the end of the third quarter of the current consolidated fiscal year, defined as the period-end balance of the provision for investment losses as a percentage of the period-end balance of operating investment securities, rose 2.3 percentage points from the end of the previous consolidated fiscal year to 17.9%.」

    The balance of the provision for investment losses increased from ¥1,492 million to ¥1,743 million, and the allowance ratio rose from 15.6% to 17.9%.
  5. FY2023-Q2Allowance ratio risesAnnual report

    「The provision for investment losses increased from the end of the previous consolidated fiscal year to ¥1,626 million, from ¥1,492 million, due to new provisions. As a result, the allowance ratio at the end of the second quarter of the current consolidated fiscal year rose 2.2 percentage points from the end of the previous consolidated fiscal year to 17.8%.」

    New provisions increased the provision balance to ¥1,626 million, and the allowance ratio rose from 15.6% to 17.8%.
  6. FY2023-Q1Foreign exchange lifts provision balance and allowance ratioAnnual report

    「The provision for investment losses increased mainly due to foreign exchange movements, rising from the end of the previous consolidated fiscal year to ¥1,523 million, from ¥1,492 million. As a result, the allowance ratio at the end of the quarter rose 0.2 percentage points from the end of the previous consolidated fiscal year to 15.8%.」

    The balance of the provision for investment losses increased from ¥1,492 million to ¥1,523 million, and the allowance ratio rose from 15.6% to 15.8%. The primary factor cited was foreign exchange movements.
  7. FY2022Allowance ratio risesAnnual report

    「The provision for investment losses increased from the end of the previous consolidated fiscal year to ¥1,492 million, from ¥1,349 million, as additional provisions were recorded. As a result, the allowance ratio at the end of the consolidated fiscal year, defined as the period-end balance of the provision for investment losses as a percentage of the period-end balance of operating investment securities, rose 1.2 percentage points from the end of the previous consolidated fiscal year to 15.6%.」

    Additional provisions increased the balance to ¥1,492 million, and the allowance ratio rose from 14.4% to 15.6%.
  8. FY2022-Q3Allowance ratio risesAnnual report

    「As a result, the allowance ratio at the end of the third quarter of the current consolidated fiscal year, defined as the period-end balance of the provision for investment losses as a percentage of the period-end balance of operating investment securities, rose 1.8 percentage points from the end of the previous consolidated fiscal year to 16.2%.」

    Since the previous year-end, the allowance ratio has risen from 14.4% to 16.2% due to additional provisions for investment losses. No decline in the allowance ratio from asset replacement was observed this quarter.
  9. FY2022-Q2Allowance ratio risesAnnual report

    「The provision for investment losses increased from the end of the previous consolidated fiscal year to ¥1,439 million, from ¥1,349 million, as new provisions were recorded. As a result, the allowance ratio at the end of the second quarter of the current consolidated fiscal year rose 1.5 percentage points from the end of the previous consolidated fiscal year to 15.9%.」

    The balance of the provision for investment losses increased from ¥1,349 million to ¥1,439 million, and the allowance ratio rose from 14.4% to 15.9%.
  10. FY2022-Q1MitigatedAnnual report

    「The provision for investment losses declined from the end of the previous consolidated fiscal year to ¥1,310 million, from ¥1,349 million, as no new provisions were recorded. As a result, the allowance ratio at the end of the quarter declined 0.6 percentage points from the end of the previous consolidated fiscal year to 13.8%.」

    With no new provisions recorded, the provision balance declined from ¥1,349 million to ¥1,310 million, and the allowance ratio fell from 14.4% to 13.8%.
  11. FY2021MitigatedAnnual report

    「As a result, the allowance ratio at the end of the consolidated fiscal year, defined as the period-end balance of the provision for investment losses as a percentage of the period-end balance of operating investment securities, declined 1.6 percentage points from the end of the previous consolidated fiscal year to 14.4%.」

    The balance of the provision for investment losses declined from ¥1,574 million to ¥1,349 million, and the allowance ratio fell from 16.0% to 14.4%.
  12. FY2021-Q3Allowance ratio risesAnnual report

    「The provision for investment losses increased from the end of the previous consolidated fiscal year to ¥1,602 million, from ¥1,574 million, as additional provisions were recorded.」

    Additional provisions for investment losses were recorded, increasing the provision balance from the previous year-end. No decline in the allowance ratio from the replacement of assets with lower-risk assets was observed this quarter.
  13. FY2021-Q2MitigatedAnnual report

    「As a result, the allowance ratio at the end of the second quarter of the current consolidated fiscal year, defined as the period-end balance of the provision for investment losses as a percentage of the period-end balance of operating investment securities, declined 0.7 percentage points from the end of the previous consolidated fiscal year to 15.3%.」

    The allowance ratio fell from 16.0% to 15.3% due to the reversal of the provision for investment losses.
  14. FY2021-Q1Allowance ratio unchangedAnnual report

    「As a result, the allowance ratio at the end of the quarter, defined as the period-end balance of the provision for investment losses as a percentage of the period-end balance of operating investment securities, was 16.0%, unchanged from the end of the previous consolidated fiscal year.」

    The balance of the provision for investment losses declined slightly from ¥1,574 million to ¥1,568 million, while the allowance ratio remained unchanged from the previous year-end at 16.0%.
  15. FY2020-Q3Allowance ratio rises againAnnual report

    「The provision for investment losses increased from the end of the previous consolidated fiscal year to ¥1,624 million, from ¥1,538 million, as provisions were released in connection with the sale of provisioned investment assets and the recognition of impairment losses, while additional provisions were recorded for impairment in the value of investment assets.」

    Although provisions were released through the sale of provisioned assets and other factors, additional provisions were recorded for impairment in the value of investment assets, causing the provision balance and allowance ratio to rise from the previous year-end.
  16. FY2020-Q2Allowance ratio risesAnnual report

    「As a result, the allowance ratio at the end of the quarter was 16.1%, up 1.1 percentage points from the end of the previous consolidated fiscal year.」

    The investment loss allowance ratio, which had declined through the previous quarter, rose from 15.0% to 16.1% this quarter.
  17. FY2020-Q1MitigatedAnnual report

    「As a result, the allowance ratio at the end of the quarter, defined as the period-end balance of the provision for investment losses as a percentage of the period-end balance of operating investment securities, was 14.7%, down 0.3 percentage points from the end of the previous consolidated fiscal year, mainly because the proportion of newly invested assets in total private equity investments increased.」

    The investment loss allowance ratio fell from 15.0% to 14.7% due to the increased proportion of newly invested assets and the sale of provisioned assets and other factors.
  18. FY2019MitigatedAnnual report

    「As a result, the allowance ratio at the end of the consolidated fiscal year was 15.0%, down 1.3 percentage points from the end of the previous consolidated fiscal year, as the proportion of lower-risk project investment assets increased.」

    The allowance ratio for investment losses fell from 16.3% to 15.0% as project investment assets increased.
  19. FY2019-Q3MitigatedAnnual report

    「The balance of the provision for investment losses at the end of the third quarter of the current consolidated fiscal year was ¥1,519 million, broadly unchanged from the previous consolidated fiscal year-end balance of ¥1,535 million. While provisions were released in connection with the sale of provisioned investment assets and the recognition of impairment losses, additional provisions and other charges were recorded at a similar level.」

    The balance of the provision for investment losses declined from ¥1,535 million to ¥1,519 million, and the allowance ratio fell from 16.3% to 16.1% due to the sale of provisioned investment assets and other factors.
  20. FY2019-Q2MitigatedAnnual report

    「The balance of the provision for investment losses at the end of the second quarter of the current consolidated fiscal year declined to ¥1,356 million, from ¥1,535 million at the end of the previous consolidated fiscal year, due to the sale of provisioned private equity investment assets and the recognition of impairment losses. As a result, the allowance ratio at the end of the second quarter was 14.1%, down 2.2 percentage points from the end of the previous consolidated fiscal year.」

    The balance of the provision for investment losses declined from ¥1,535 million to ¥1,356 million, and the allowance ratio fell from 16.3% to 14.1% due to the sale of provisioned private equity investment assets and other factors.
  21. FY2019-Q1MitigatedAnnual report

    「The balance of the provision for investment losses at the end of the first quarter of the current consolidated fiscal year declined to ¥1,493 million, from ¥1,535 million at the end of the previous consolidated fiscal year, as the sale of provisioned private equity investment assets progressed. As a result, the allowance ratio at the end of the quarter was 15.2%, down 1.1 percentage points from the end of the previous consolidated fiscal year.」

    The sale of provisioned private equity investment assets progressed, lowering the balance of the provision for investment losses and the allowance ratio. However, total impairment losses and provisions for the quarter increased.
  22. FY2018MitigatedAnnual report

    「The balance of the provision for investment losses at the end of the consolidated fiscal year declined to ¥1,535 million, from ¥2,415 million at the end of the previous consolidated fiscal year, as the sale of provisioned assets progressed.」

    As the sale of provisioned assets progressed, the balance of the provision for investment losses declined from ¥2,415 million to ¥1,535 million, and the allowance ratio fell from 16.8% to 16.3%.
  23. FY2018-Q1MitigatedAnnual report

    「Valuation losses on operating investment securities and provisions for investment losses totaled ¥51 million, down 81.8% from the same period of the previous year. Although valuation losses on listed shares were recognized in the same period of the previous year, none arose during the cumulative first quarter of the current consolidated fiscal year. In addition, the provision for investment losses remained small as the shift toward lower-risk operating investment assets progressed.」

    The replacement of operating investment assets with lower-risk assets progressed, keeping the provision for investment losses relatively small.
  24. FY2017MitigatedAnnual report

    「The combined amount of impairment losses on operating investment securities and provisions for investment losses declined from the previous consolidated fiscal year as operating investment assets were replaced. Meanwhile, the provision for investment losses declined from the previous consolidated fiscal year to ¥279 million, down 70.6%, as operating investment assets were replaced.」

    As asset replacement progressed, the provision for investment losses declined to ¥279 million, while the provision balance at the fiscal year-end fell from ¥4,063 million to ¥2,415 million.
  25. FY2017-Q3MitigatedAnnual report

    「Meanwhile, the provision for investment losses declined to ¥42 million, down 93.9% year on year, as operating investment assets were replaced and provisions were reversed.」

    The provision for investment losses declined 93.9% year on year to ¥42 million due to the replacement of operating investment assets and the reversal of provisions.
  26. FY2017-Q2MitigatedAnnual report

    「In addition, provisions for investment losses decreased 77.5% year on year to ¥46 million as the shift among operating investment assets progressed and provision reversals occurred.」

    The provision for investment losses fell 77.5% year on year due to the replacement of operating investment assets and the reversal of provisions.
  27. FY2017-Q1First statedAnnual report

    「Meanwhile, provisions for investment losses decreased 64.5% year on year to ¥50 million as the shift toward lower-risk operating investment assets progressed.」

    The decrease in provisions for investment losses was attributed to progress in the shift toward lower-risk operating investment assets.
Moved together

"Ongoing Reduction in Standalone Borrowings" moved the same way as this thread, in the same document, in 12 of its 27 moves.

121110987★123456
  1. ★This thread
  2. 1Ongoing Reduction in Standalone Borrowings12×
  3. 2Expansion of Megasolar Project Development and Construction11×
  4. 3Maximizing the enterprise value of existing investment assets10×
  5. 4Rebuilding the Earnings Base Through the Formation of New Funds9×
  6. 5Investing in Growth Companies and Supporting Medium- to Long-Term Corporate Growth8×
  7. 6Focus on improving performance7×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Switching to lower-risk operating investment assets | Japan Asia Investment Company,Limited (8518) | Komori