Valuation Uncertainty for Shares in Affiliates Without Market Prices
First written in FY2022. 1 of 2 entries say "Materialised", first in FY2023. Latest entry: FY2023.
Kyokuto Securities moved to the "Worse" side of this theme in 2023, the same year as the typical company in this theme.
The whole theme swung hardest in 2024: 8 of 13 companies on the "Worse" side.
7 other companies' latest entry also says "Materialised".
- FY2023MaterialisedAnnual report
「Impairment loss on investments in associates 17 Investments in associates consist mainly of unlisted shares. If their real value falls significantly below their carrying value, the company examines the likelihood of recovery in the associate’s financial position and determines whether impairment accounting is required.」
For uncertainty in valuing investments in associates without market prices, the company recorded an impairment loss of ¥17 million on investments in associates during the current fiscal year. - FY2022First statedAnnual report
「Impairment loss on investments in associates － 36 Investments in associates consist mainly of unlisted shares. If their real value falls significantly below their carrying value, the company examines the likelihood of recovery in the associate’s financial position and determines whether impairment accounting is required.」
The company newly disclosed the valuation of investments in associates without market prices as a significant accounting estimate and recorded an impairment loss of ¥36 million on investments in associates.