Risks from Price, Credit, Foreign-Exchange and Interest-Rate Movements Affecting Investment Securities
First written in FY2018. 3 of 5 entries say "Materialised", first in FY2022. Latest entry: FY2024.
Puequ moved to the "Worse" side of this theme in 2024, 3 years after the typical company in this theme (2021).
The whole theme swung hardest in 2019: 3 of 8 companies on the "Worse" side.
5 other companies' latest entry also says "Materialised".
- FY2024MaterialisedAnnual report
「In addition to the above shares, because the net asset value per share of the shares invested in by the Company had declined below a certain level, the Company recognized a total loss on valuation of investment securities of ¥70 million as an extraordinary loss for the consolidated fiscal year under review.」
The decline in the value of investment securities materialized as a total ¥70 million loss on valuation recognized as an extraordinary loss for the current fiscal year. - FY2024-Q1MaterialisedAnnual report
「Although the Company recognized a ¥20 million loss on valuation of investment securities as an extraordinary loss,」
A ¥20 million loss on valuation of investment securities was actually recognized as an extraordinary loss in the first quarter under review. - FY2023MitigatedAnnual report
「As of the end of August 2023, the Group's investment securities totaled ¥313 million, equivalent to approximately 3.2% of total assets.」
Investment securities as a percentage of total assets declined from approximately 4.6% in the previous fiscal year to approximately 3.2%. Meanwhile, risks from price and credit fluctuations, foreign-exchange and interest-rate fluctuations, and loss of principal continue to be disclosed. - FY2022MaterialisedAnnual report
「In addition, because the fair value of some of the investment securities held by the Company had fallen significantly below their acquisition cost, the Company recognized an impairment loss on investment securities of ¥116 million as an extraordinary loss. In addition, after examining the recoverability of loans totaling ¥100 million, comprising a ¥50 million loan to the above investment and a ¥50 million loan to an affiliate of that investment, in consideration of the borrowers' financial condition and other factors, the Company recognized ¥100 million as an extraordinary loss under provision for allowance for doubtful accounts.」
The ¥116 million loss on valuation of investment securities due to a decline in fair value and the allowance for doubtful accounts on total loans of ¥100 million to the investment and its affiliate were actually recognized, with investment and credit risks materializing as losses. - FY2018First statedAnnual report
「As of the end of August 2018, the Group's investment securities totaled ¥331 million, equivalent to approximately 4.6% of total assets. Investments in securities entail various risks, including price fluctuation risk, credit risk, foreign-exchange and interest-rate fluctuation risk, and risk of loss of principal.」
The disclosure states exposure of ¥331 million in investment securities, equivalent to approximately 4.6% of total assets, and risks relating to market prices, credit, foreign-exchange and interest-rate fluctuations, and loss of principal.