Impairment of operating investment securities due to declines in fair value
First written in FY2022-Q1. 3 of 4 entries say "Materialised", first in FY2022-Q1. Latest entry: FY2023.
Revolution moved to the "Worse" side of this theme in 2022, 4 years after the typical company in this theme (2018).
1 other company's latest entry also says "Mitigated".
- FY2023MitigatedAnnual report
「During the fiscal year, the company did not recognize any impairment loss on securities.」
The company had recognized a ¥25.892 million impairment loss on securities in the previous fiscal year, but stated that it had not recognized any impairment loss on securities during the current consolidated fiscal year. - FY2022MaterialisedAnnual report
「During the current consolidated fiscal year, the company recognized impairment losses of ¥25.892 million on securities, comprising ¥14.402 million on shares and ¥11.489 million on warrants, and included them in financial income.」
The company stated that it had recognized impairment losses totaling ¥25.892 million on shares and warrants, including securities held for operating investment purposes. - FY2022-Q3MaterialisedAnnual report
「The company impaired some of its securities held for operating investment purposes down to fair value and recorded them at cost.」
The company again stated that it had impaired some of its securities held for operating investment purposes down to fair value. An impairment loss on assets held in the investment business was also incurred in the current quarter. - FY2022-Q1MaterialisedAnnual report
「In the investment business, the company proceeded with exercising and selling on the market the warrants of listed companies that it held, and recorded interest revenue from corporate bonds issued by the parent company of a listed company. It also recognized impairment on some of its securities held for operating investment purposes down to fair value and recorded them at cost.」
The company stated that it had impaired some of its securities held for operating investment purposes down to fair value. An impairment loss on assets held in the investment business was actually incurred.