Asset management risks from market movements and changes in creditworthiness
First written in FY2017. 6 of 14 entries say "Worsened", first in FY2023-Q2. Latest entry: 2026-08-07.
The whole theme swung hardest in 2019: 31 of 92 companies on the "Worse" side.
11 other companies' latest entry also says "Worsened".
- 2026-08-07WorsenedEarnings
「Other securities valuation differences decreased by ¥964 million and treasury shares increased by ¥487 million, while retained earnings increased by ¥1,770 million.」
Other securities valuation differences declined from negative ¥1,608 million at the end of the previous consolidated fiscal year to negative ¥2,573 million, widening the negative valuation difference. - FY2026MitigatedAnnual report
「The valuation difference on other securities changed from negative ¥1,916 million at the end of the previous consolidated fiscal year to negative ¥1,608 million.」
The negative amount of the valuation difference narrowed by ¥308 million, mitigating the deterioration in valuation differences caused by market fluctuations compared with the previous fiscal year. - FY2026-H1MitigatedAnnual report
「Valuation difference on other securities △ 1,916 △ 1,465」
The valuation difference on other securities improved from negative ¥1,916 million at the end of the previous consolidated fiscal year to negative ¥1,465 million, mitigating the deterioration in valuation differences. - FY2025WorsenedAnnual report
「The valuation difference on other securities changed from negative ¥1,248 million at the end of the previous consolidated fiscal year to negative ¥1,916 million.」
The valuation difference decreased by ¥668 million, and the deterioration in valuation differences caused by market fluctuations continued. - FY2025-H1WorsenedAnnual report
「Valuation difference on other securities △ 1,248 △ 1,439」
The valuation difference on other securities deteriorated from negative ¥1,248 million at the end of the previous consolidated fiscal year to negative ¥1,439 million, reflecting the deterioration in valuation differences caused by market fluctuations. - FY2024-Q3MitigatedAnnual report
「Valuation difference on other securities △ 1,555 △ 1,487」
The valuation difference on other securities improved from negative ¥1,555 million at the end of the previous consolidated fiscal year to negative ¥1,487 million, slightly mitigating the deterioration in valuation differences. - FY2024-Q2WorsenedAnnual report
「Valuation difference on other securities △ 1,555 △ 1,870」
The valuation difference on other securities deteriorated from negative ¥1,555 million at the end of the previous consolidated fiscal year to negative ¥1,870 million. The deterioration in valuation differences caused by market fluctuations continues to be reflected in results. - FY2024-Q1MitigatedAnnual report
「Valuation difference on other securities △ 1,555 △ 1,442」
The valuation difference on other securities improved from negative ¥1,555 million at the end of the previous fiscal year to negative ¥1,442 million, slightly mitigating the deterioration in valuation differences. - FY2023WorsenedAnnual report
「However, a rise in interest rates or a substantial decline in share prices could result in valuation losses on investment assets or an increase in such losses. In addition, if issuers of corporate bonds and other instruments become unable to meet their obligations and payments of principal, interest and other amounts are delayed, this could affect the performance and financial position of the Group.」
The disclosure continues to cover market fluctuation risk, while the valuation difference on other securities deteriorated from negative ¥342 million at the end of the previous fiscal year to negative ¥1,555 million. - FY2023-Q3MitigatedAnnual report
「Valuation difference on other securities △342 △1,530」
The valuation difference on other securities deteriorated from negative ¥342 million at the end of the previous consolidated fiscal year to negative ¥1,530 million. Meanwhile, it improved slightly from negative ¥1,593 million in the previous quarter. - FY2023-Q2WorsenedAnnual report
「Net assets decreased by ¥137 million from the end of the previous consolidated fiscal year to ¥27,178 million. The main factor was a decrease in the valuation difference on other securities.」
The valuation difference on other securities deteriorated from negative ¥342 million at the end of the previous fiscal year to negative ¥1,593 million, and net assets decreased by ¥137 million. The deterioration in valuation differences caused by market fluctuations continues to be reflected in results. - FY2023-Q1MaterialisedAnnual report
「Net assets decreased by ¥409 million from the end of the previous consolidated fiscal year to ¥26,907 million. The main factor was a decrease in the valuation difference on other securities.」
The valuation difference on other securities deteriorated from negative ¥342 million at the end of the previous fiscal year to negative ¥1,045 million, with the deterioration in valuation differences from asset management reflected in the decline in net assets. - FY2019RestatedAnnual report
「Anicom Group invests in assets through equities, bonds and various investment trust products. It monitors fluctuations in share price and interest rate levels on an ongoing basis and implements various measures to appropriately control the risk of declines in the fair value of its investment assets. However, a substantial future decline in share prices or a rise in interest rates could result in valuation losses and a decline in the fair value of bonds and other assets, potentially affecting the performance and financial position of Anicom Group.」
The disclosure continues to cover asset management risk from market fluctuations and the control framework based on monitoring and countermeasures. - FY2017First statedAnnual report
「However, a substantial future decline in share prices or a rise in interest rates could result in valuation losses and a decline in the fair value of bonds and other assets, potentially affecting the performance and financial position of the Group.」
The risks cited include valuation losses and declines in fair value caused by market fluctuations such as changes in share prices and interest rates, as well as credit risk arising from defaults by securities issuers.