Ongoing Losses and Uncertain Performance at 東洋証券亜洲有限公司
First written in FY2016. 4 of 6 entries say "Materialised", first in FY2017-Q3. Latest entry: FY2020.
Toyo Securities moved to the "Worse" side of this theme in 2017, 5 years before the typical company in this theme (2022).
The whole theme swung hardest in 2017: 4 of 9 companies on the "Worse" side.
1 other company's latest entry also says "Dropped".
- FY2020DroppedAnnual report
「As the profit or loss arising from operating activities at the above branches has remained negative and their future business outlook is uncertain, the company reduced the carrying amount of the assets to their recoverable amount and recorded an impairment loss of ¥79 million as an extraordinary loss for the consolidated fiscal year under review.」
The continued losses and uncertain business outlook of Toyo Securities Asia Limited, which had been reported previously, are not described separately in this filing; the fixed-asset impairment is attributed to domestic branches. - FY2019MaterialisedAnnual report
「As the profit or loss arising from operating activities at the above branches and Toyo Securities Asia Limited has remained negative and their future business outlook is uncertain, the company reduced the carrying amount of the assets to their recoverable amount and recorded an impairment loss of ¥308 million as an extraordinary loss for the consolidated fiscal year under review.」
Against the backdrop of continued losses and an uncertain business outlook at the Hong Kong subsidiary, the company recorded an impairment loss of ¥308 million for the full fiscal year, including ¥35 million attributable to the subsidiary. - FY2019-Q3MaterialisedAnnual report
「As the profit or loss arising from operating activities at the above branches and Toyo Securities Asia Limited has remained negative and their future business outlook is uncertain, the company reduced the carrying amount of the assets to their recoverable amount and recorded an impairment loss of ¥293 million as an extraordinary loss for the cumulative third quarter of the consolidated fiscal year under review.」
Against the backdrop of continued losses and an uncertain business outlook at Toyo Securities Asia Limited, the company recorded an impairment loss of ¥293 million, including ¥19 million attributable to the company. - FY2017MaterialisedAnnual report
「As the profit or loss arising from operating activities at the above branches and Toyo Securities Asia Limited has remained negative and their future business outlook is uncertain, the company reduced the carrying amount of the assets to their recoverable amount and recorded an impairment loss of ¥24 million as an extraordinary loss for the consolidated fiscal year under review.」
Toyo Securities Asia Limited continued to report negative operating results and an uncertain business outlook, and the company recorded an impairment loss of ¥24 million for the full fiscal year, including the amount attributable to the branches. - FY2017-Q3MaterialisedAnnual report
「As the profit or loss arising from operating activities at the above branches and Toyo Securities Asia Limited has remained negative and their future business outlook is uncertain, the company reduced the carrying amount of the assets to their recoverable amount and recorded an impairment loss of ¥23 million as an extraordinary loss for the cumulative third quarter of the consolidated fiscal year under review.」
Toyo Securities Asia Limited continued to report negative operating results and an uncertain business outlook, and the company recorded an impairment loss of ¥23 million, including ¥3 million attributable to the company. - FY2016First statedAnnual report
「As the profit or loss arising from operating activities at Toyo Securities Asia Limited has remained negative and its future business outlook is uncertain, the company reduced the carrying amount of its assets to their recoverable amount and recorded an impairment loss of ¥50 million as an extraordinary loss for the consolidated fiscal year under review.」
The deterioration in the performance of an overseas subsidiary became evident, and an impairment loss of ¥46 million was recorded on buildings, equipment and fixtures, software and other assets at the Hong Kong operation.