Fair Value Measurement of Financial Instruments and Impairment Risk for Investment Securities

「During the current consolidated fiscal year, impairment losses of ¥166 million were recognized on securities, comprising ¥166 million on shares classified as other securities.」

「当社保有の CHEER 証券株式の評価を実質価額まで引き下げることとし、特別損失として 7,525 百万円を計上いたしました。」

「Non-operating expenses included an impairment loss on investment securities of ¥242 million and a loss on management of an investment partnership of ¥106 million, among other items. Total non-operating expenses increased 0.6% to ¥450 million. An extraordinary loss of ¥226 million was recognized.」

「An impairment loss on investment securities of ¥323 million and other losses were recognized」

「During the current consolidated fiscal year, impairment losses of ¥278 million were recognized on securities, comprising ¥278 million on shares classified as other securities.」

「Impairment loss on investment securities 268」

「Impairment loss on investment securities 360」

「Impairment loss on investment securities － 359」

「Impairment loss on investment securities 152」

「An impairment loss on securities of ¥189 million and other losses were recognized as extraordinary losses.」

「Impairment loss on investment securities 252」

「Impairment loss on investment securities 255」

「Impairment loss on investment securities 229」

「The main extraordinary gains for the nine months ended [the third quarter of] the current consolidated fiscal year were a gain on reversal of stock acquisition rights of ¥101 million and a reversal of the reserve for financial instruments transaction liabilities of ¥123 million, while the extraordinary loss was an impairment loss on investment securities of ¥264 million.」

「The main extraordinary gain for the six months ended [the second quarter of] the current consolidated fiscal year was a reversal of the reserve for financial instruments transaction liabilities of ¥123 million, while the extraordinary loss was an impairment loss on investment securities of ¥220 million.」

「The main extraordinary loss for the three months ended [the first quarter of] the current consolidated fiscal year was an impairment loss on investment securities of ¥213 million.」

「During the current consolidated fiscal year, impairment losses of ¥121 million were recognized on securities, comprising ¥121 million on shares classified as other securities.」

「Impairment loss on investment securities 99」

「During the current consolidated fiscal year, impairment losses of ¥257 million were recognized on securities, comprising ¥257 million on shares classified as other securities.」

「The main extraordinary loss was an impairment loss on investment securities of ¥224 million.」

「Securities and derivatives and other instruments without quoted market prices are measured using estimated prices based on present values calculated primarily from interest rates, dividend yields, the prices of underlying securities, swap rates, volatility and contract terms. Their fair values may change if different assumptions or other factors are used.」

「Securities and derivatives and other instruments without quoted market prices are measured using estimated prices based on present values calculated primarily from interest rates, dividend yields, the prices of underlying securities, swap rates, volatility and contract terms. Their fair values may change if different assumptions or other factors are used.」

「Securities and derivatives and other instruments without quoted market prices are measured using estimated prices based on present values calculated primarily from interest rates, dividend yields, the prices of underlying securities, swap rates, volatility and contract terms. Their fair values may change if different assumptions or other factors are used.」

「Securities and derivatives and other instruments without quoted market prices are measured using estimated prices based on present values calculated primarily from interest rates, dividend yields, the prices of underlying securities, swap rates, volatility and contract terms. Their fair values may change if different assumptions or other factors are used.」

「Securities and derivatives and other instruments without quoted market prices are measured using estimated prices based on present values calculated primarily from interest rates, dividend yields, the prices of underlying securities, swap rates, volatility and contract terms. Their fair values may change if different assumptions or other factors are used. For listed shares, a decline is judged to be other than temporary when, among other circumstances, the market value of the shares remains at least 30% below acquisition cost for a certain period. For unlisted shares, impairment is recognized when net assets per share fall to 50% or less of acquisition cost. If future deterioration in market conditions or poor performance by investees results in losses not reflected in the current carrying amount, or makes the carrying amount unrecoverable, impairment may become necessary.」