Komori
Toyo Securities (8614) · RiskReframed

Deterioration in investment sentiment due to Russia's invasion of Ukraine and other factors

First written in FY2022. 3 of 8 entries say "Materialised", first in FY2023-Q1. Latest entry: FY2026.

8entries
5years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseMaterialisedFY2023-Q1 – FY2023-Q3RestatedFY2024-Q1 – FY2024-Q32022: 320222023: 320232024: 120242025: 020252026: 12026
Same theme, other companies
Impact of Geopolitical Risks on Financial Institutions’ Credit, Assets and LiquidityA theme 3 companies write about · 3 as a headwind · 0 as a tailwind

Toyo Securities moved to the "Worse" side of this theme in 2022.

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

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.
Full recordFilings, disclosures and news, newest first
  1. FY2026ReframedAnnual report

    「Uncertainty over the outlook continued amid developments in the US government's economic and trade policies, stagnation in the Chinese economy, and geopolitical risks centered on Eastern Europe and the Middle East.」

    The scope of the disclosure was expanded from its previous focus on Russia's invasion of Ukraine and other events to cover the external environment more broadly, including US trade policy, the Chinese economy, and geopolitical risks in Eastern Europe and the Middle East.
  2. FY2024-Q3RestatedAnnual report

    「During the first nine months of the consolidated fiscal year, the global economy continued to face uncertainty over the outlook for issues including Russia's invasion of Ukraine, although」

    The Company continued to identify geopolitical uncertainty associated with Russia's invasion of Ukraine and other events as an external environmental risk factor.
  3. FY2024-Q2RestatedAnnual report

    「During the first six months of the consolidated fiscal year, the global economy continued to face uncertainty over the outlook for issues including Russia's invasion of Ukraine, although」

    The Company continued to identify geopolitical uncertainty associated with Russia's invasion of Ukraine and other events as an external environmental risk factor.
  4. FY2024-Q1RestatedAnnual report

    「During the first quarter of the consolidated fiscal year, the global economy continued to face uncertainty over the outlook for issues including Russia's invasion of Ukraine, although」

    The Company continued to identify geopolitical uncertainty associated with Russia's invasion of Ukraine and other events as an external environmental risk factor.
  5. FY2023-Q3MaterialisedAnnual report

    「As recession risks arising from geopolitical risks, accelerating inflation, interest-rate hikes and other factors weakened investor sentiment, fees from investment trusts and foreign securities declined. Operating revenue was ¥6,210 million, down 29.5% from the same quarter of the previous year; ordinary loss was ¥1,198 million, compared with ordinary income of ¥1,019 million in the same quarter of the previous year; and quarterly net loss attributable to owners of the parent was ¥1,234 million, compared with quarterly net income attributable to owners of the parent of ¥902 million in the same quarter of the previous year.」

    The decline in investor sentiment caused by geopolitical risks, inflation, interest-rate hikes and other factors manifested itself in cumulative third-quarter results through lower investment trust and foreign securities fees, declining revenue and a shift into the red.
  6. FY2023-Q2MaterialisedAnnual report

    「Against this backdrop, the performance of the Group during the first six months of the consolidated fiscal year was affected by recession risks arising from geopolitical risks, accelerating inflation and interest-rate hikes, which weakened investor sentiment and reduced fees from investment trusts and foreign securities. Operating revenue was ¥4,073 million, down 30.6% year on year, ordinary loss was ¥1,024 million, compared with ordinary income of ¥689 million in the same period of the previous year, and quarterly net loss attributable to owners of the parent was ¥1,060 million, compared with quarterly net income of ¥613 million in the same period of the previous year.」

    The decline in investor sentiment caused by geopolitical risks, inflation, interest-rate hikes and other factors manifested itself in actual results through lower investment trust and foreign securities fees, declining revenue and a shift into the red.
  7. FY2023-Q1MaterialisedAnnual report

    「Under these circumstances, during the first quarter of the fiscal year, the Group's operating results deteriorated year on year as investor sentiment weakened due to the resurgence of COVID-19 infections, emerging geopolitical risks, accelerating inflation and other factors, reducing fees from investment trusts and foreign securities. Operating revenue was ¥1,968 million, down 33.2% from the same quarter of the previous year; ordinary loss was ¥522 million, compared with ordinary income of ¥387 million in the same quarter of the previous year; and quarterly net loss attributable to owners of the parent was ¥526 million, compared with quarterly net income attributable to owners of the parent of ¥361 million in the same quarter of the previous year.」

    Geopolitical risks, inflation and other factors manifested themselves in actual business performance through weaker investor sentiment, lower investment trust and foreign securities fees, and declines in revenue and earnings.
  8. FY2022First statedAnnual report

    「From January onward, earnings from foreign securities and investment trusts decreased as investor sentiment deteriorated following Russia's invasion of Ukraine and other events.」

    The Company identified Russia's invasion of Ukraine and other events, which manifested themselves in weaker investor sentiment and lower earnings from foreign securities and investment trusts, as a new external environmental risk factor.
Moved together

"Earnings fluctuations due to volatility in domestic and overseas financial markets" moved the same way as this thread, in the same document, in 4 of its 8 moves.

443333★123456
  1. ★This thread
  2. 1Earnings fluctuations due to volatility in domestic and overseas financial markets4×
  3. 2Market Price Fluctuation Risk in Proprietary Trading4×
  4. 3Business Model Transformation3×
  5. 4Securing stable revenue through net growth in mutual fund assets under custody3×
  6. 5Dependence on Intermittent and Uncertain Customer Transactions3×
  7. 6Risk of a Decline in the Capital Adequacy Ratio3×

★ 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.

When this could move next
Toyo Securities's next results are scheduled for 2026-10-29. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.