Impairment Risk from Declines in Investment Securities’ Market Prices and Deterioration of Investees
First written in FY2020. 5 of 9 entries say "Materialised", first in FY2021. Latest entry: FY2026.
Kamigumi moved to the "Worse" side of this theme in 2021, 1 year after the typical company in this theme (2020).
The whole theme swung hardest in 2019: 37 of 69 companies on the "Worse" side.
11 other companies' latest entry also says "Worsened".
- FY2026Impairment losses on investment securities increased from ¥99 million to ¥1,922 millionAnnual report
「During the current consolidated fiscal year, the company recognized impairment losses of ¥1,922 million on investment securities, comprising ¥863 million on shares of affiliated companies, ¥159 million on unlisted shares and ¥899 million on listed shares.」
Compared with the ¥99 million impairment loss on shares of affiliated companies in the previous fiscal year, impairment losses totaling ¥1,922 million were recognized in the current fiscal year on shares of affiliated companies, unlisted shares and listed shares. - FY2025MaterialisedAnnual report
「During the current consolidated fiscal year, the company recognized impairment losses of ¥99 million on investment securities, all relating to shares of affiliated companies.」
Whereas no impairment losses on securities were recognized in the previous fiscal year, an impairment loss of ¥99 million on shares of affiliated companies was actually recognized in the current fiscal year. - FY2024MitigatedAnnual report
「No securities were impaired during the consolidated fiscal year.」
Although the company recognized a ¥224 million loss on valuation of shares of affiliated companies in the previous fiscal year, it disclosed that no impairment losses on securities were recognized during the current consolidated fiscal year. - FY2023-Q2MaterialisedAnnual report
「Loss on valuation of shares of affiliated companies － 224」
During the six months ended the second quarter of the current fiscal year, the company recognized a ¥224 million loss on valuation of shares of affiliated companies, meaning that the risk of valuation losses on investees and shares of affiliated companies materialized during the current period. - FY2022Impairment losses on investment securities and shares of affiliated companies increased to ¥643 million in totalAnnual report
「During the current consolidated fiscal year, the company recognized impairment losses of ¥643 million on investment securities, comprising ¥1 million on shares classified as other securities and ¥641 million on shares of affiliated companies.」
Compared with the ¥100 million impairment loss on investment securities in the previous fiscal year, impairment losses of ¥643 million were actually recognized in the current fiscal year, including ¥641 million on shares of affiliated companies. - FY2021MaterialisedAnnual report
「During the consolidated fiscal year, the Company recognized an impairment loss of ¥100 million on investment securities.」
The impairment risk associated with declines in the market prices of investment securities and deterioration at investees materialized during the current period, with an impairment loss of ¥100 million actually recognized. - FY2020First statedAnnual report
「The Group holds a large number of investment securities for purposes including maintaining and strengthening business relationships. If impairment accounting becomes necessary due to declines in market prices in the securities market or deterioration in the financial position of an investee, the recognition of valuation losses could affect the Group's financial position and operating results.」
The risk of impairment and valuation losses on a large number of investment securities, including cross-shareholdings, due to declines in market prices or deterioration in the financial position of investees is disclosed independently.