Recovery, Liquidity and Value Fluctuation Risks of Unlisted Investments and Financing
First written in FY2016. 10 of 17 entries say "Materialised", first in FY2017. Latest entry: 2026-09-18.
FinTech Global moved to the "Worse" side of this theme in 2017, 4 years before the typical company in this theme (2021).
The whole theme swung hardest in 2018: 3 of 8 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2025MaterialisedAnnual report
「During the consolidated fiscal year, an impairment loss of ¥75.999 million was recognised on operating investment securities.」「A bad debt loss of ¥485 million relating to loans for a new project was recognised as an extraordinary loss.」
Risks associated with changes in the value of investments and loans and recovery risks materialised as an impairment loss of ¥75.999 million on operating investment securities and a bad debt loss of ¥485 million on loans relating to a new project. - FY2024WorsenedAnnual report
「During the consolidated fiscal year, impairment losses were recognised on ¥228.818 million of operating investment securities and ¥15.970 million of investment securities.」
Risks associated with changes in the value of investments, loans and securities materialised as impairment losses of ¥228.818 million on operating investment securities and ¥15.970 million on investment securities. The impairment loss on operating investment securities increased from ¥46.049 million in the previous fiscal year. - FY2024-Q1MaterialisedAnnual report
「Total non-operating expenses 47,285」「Loss on valuation of investment securities 14,970」
A loss on valuation of investment securities of ¥14.970 million was recognised in the first quarter, indicating that risks associated with changes in the value of investments, loans and securities had materialised as a valuation loss. - FY2023WorsenedAnnual report
「At the end of the consolidated fiscal year, operating investment securities were ¥2,848 million, operating loans were ¥346 million, and the allowance for doubtful accounts relating to operating loans was ¥80 million.」「During the consolidated fiscal year, an impairment loss of ¥46.049 million was recognised on operating investment securities.」
The balances of investments and loans and the allowance for doubtful accounts were disclosed, and the impairment loss on operating investment securities increased from ¥29.999 million in the previous fiscal year to ¥46.049 million. Changes in the value of investments and loans and recovery risks continue to materialise in the results. - FY2022MaterialisedAnnual report
「At the end of the consolidated fiscal year, operating investment securities were ¥2,482 million, operating loans were ¥371 million, and the allowance for doubtful accounts relating to operating loans was ¥80 million.」「During the consolidated fiscal year, impairment losses were recognised on ¥29.999 million of operating investment securities and ¥999 thousand of investments in affiliated companies.」
The balances of investments and loans and the allowance for doubtful accounts were disclosed, and impairment losses were also recognised on operating investment securities of ¥29.999 million and other assets. Changes in the value of investments and loans and recovery risks continue to materialise in the results. - FY2020MaterialisedAnnual report
「Investment recoveries were delayed, including due to the postponement of an IPO by an investee company.」
Investment recovery and liquidity risks materialised as delayed recoveries following the postponement of an investee company's IPO. - FY2020-Q3WorsenedAnnual report
「Going forward, the Company may also be affected if investors take a cautious stance toward sourcing new investments or exits from investments.」
The impact of investors' cautious stance on sourcing new investments and exits from investments was additionally indicated due to the impact of COVID-19. - FY2020-Q2WorsenedAnnual report
「Restrictions on meetings with investors have affected negotiations concerning exits from investment projects. If investors adopt a more cautious investment stance going forward, this may affect exits.」
Due to the impact of COVID-19, meetings with investors were restricted, which had a direct impact on negotiations for exits from investments. This also indicates a risk of delayed recoveries due to investors' cautious stance. - FY2019WorsenedAnnual report
「During the consolidated fiscal year, the company recognised impairment losses on ¥519.986 million of securities held for operating investment purposes.」
The risk of valuation changes in unlisted investments and loans materialised more significantly than in the previous fiscal year in the form of impairment losses on more than ¥519 million of securities held for operating investment purposes. - FY2019-Q2MaterialisedAnnual report
「In corporate investments, the company recognised a ¥360 million valuation loss on securities held for operating investment purposes due to impairment of an investment in a venture capital fund.」
The risk of valuation changes in unlisted investments and loans materialised again in the form of a ¥360 million valuation loss related to an investment in a venture capital fund. - FY2019-Q1MaterialisedAnnual report
「In investment and financing operations, including asset and corporate investments, there were no investment exits, and valuation losses were recognised on corporate investments.」
Risks relating to changes in the value and recovery of corporate investments materialised during the quarter in the form of valuation losses. - FY2017MaterialisedAnnual report
「During the consolidated fiscal year, the company recognised impairment losses on ¥257.322 million of securities held for operating investment purposes.」
Risks relating to changes in the value and recovery of investment securities materialised in the form of impairment losses on more than ¥257 million of securities held for operating investment purposes and provisions for loan losses. - FY2016First statedAnnual report
「The shares and other assets targeted for investment have significantly lower liquidity than shares and other assets of listed companies. Accordingly, when recovering investments, transaction terms may vary substantially depending on the intentions of the transaction participants, and there is no guarantee that the Group will be able to sell them at its desired price and timing.」
For investments in and loans to unlisted companies and funds, the company identifies as risks the inability to sell at the desired price and timing, capital losses and impairment of loan funds.