Decline in Valuations Due to Weak Equity Markets or Deterioration at Investee Companies
First written in FY2016. 9 of 11 entries say "Worsened", first in FY2018. Latest entry: FY2026.
Hikari Tsushin moved to the "Worse" side of this theme in 2018, 2 years before 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".
- FY2026WorsenedAnnual report
「A 10% decline in market prices would have an impact of negative ¥117,228 million on equity.」
The impact on equity of a 10% decline in market prices increased from negative ¥99,139 million in the previous fiscal year to negative ¥117,228 million. Although the amount is quantified, the disclosure does not indicate that an actual market decline occurred. - FY2025WorsenedAnnual report
「For securities traded in active markets, assuming all other variables remain constant, a 10% decline in market prices would have an impact of negative ¥99,139 million on equity.」
The impact on equity before tax of a 10% decline in market prices increased from negative ¥82,673 million in the previous fiscal year to negative ¥99,139 million, while the impact on equity after tax was negative ¥67,890 million. - FY2024WorsenedAnnual report
「For securities traded in active markets, assuming all other variables remain constant, a 10% decline in market prices would have an impact of negative ¥82,673 million on equity.」
The impact on equity of a 10% decline in market prices increased from negative ¥61,348 million in the previous fiscal year to negative ¥82,673 million. - FY2023WorsenedAnnual report
「A 10% decline in market prices would have an impact of negative ¥61,348 million on equity.」
The impact on equity of a 10% decline in market prices increased from negative ¥53,464 million in the previous fiscal year to negative ¥61,348 million. - FY2022WorsenedAnnual report
「For securities traded in active markets, assuming all other variables remain constant, a 10% decline in market prices would have an impact of negative ¥53,464 million on other comprehensive income before tax effects in the consolidated statement of comprehensive income.」
The impact on other comprehensive income of a 10% decline in market prices increased from negative ¥44,375 million in the previous fiscal year to negative ¥53,464 million. - FY2021WorsenedAnnual report
「For securities traded in active markets, assuming all other variables remain constant, a 10% decline in market prices would have an impact of negative ¥44,375 million on other comprehensive income before tax effects in the consolidated statement of comprehensive income.」
The impact on other comprehensive income of a 10% decline in market prices increased from ¥25,589 million in the previous fiscal year to ¥44,375 million. - FY2020WorsenedAnnual report
「For securities traded in active markets, assuming all other variables remain constant, a 10% decline in market prices would have an impact of negative ¥25,589 million on other comprehensive income before tax effects in the consolidated statement of comprehensive income.」
The impact on other comprehensive income of a 10% decline in market prices increased from ¥21,609 million in the previous fiscal year to ¥25,589 million. - FY2019WorsenedAnnual report
「For securities traded in active markets, assuming all other variables remain constant, a 10% decline in market prices would have an impact of negative ¥21,609 million on other comprehensive income before tax effects in the consolidated statement of comprehensive income.」
The impact on other comprehensive income of a 10% decline in market prices increased from ¥14,575 million in the previous fiscal year to ¥21,609 million. - FY2018WorsenedAnnual report
「For securities traded in active markets, assuming all other variables remain constant, a 10% decline in market prices would have an impact of negative ¥14,575 million on other comprehensive income before tax effects in the consolidated statement of comprehensive income.」
The impact on other comprehensive income of a 10% decline in market prices increased from ¥8,002 million in the previous fiscal year to ¥14,575 million. - FY2017RestatedAnnual report
「A decline in the stock market or deterioration or failure of investee companies could reduce the valuation of the securities held, potentially affecting the financial position and operating results.」
The disclosure continues to describe the risk of a decline in securities valuations. Separately, it states that a 10% decline in securities traded in active markets would have an impact of ¥8,002 million on other comprehensive income. - FY2016First statedAnnual report
「A downturn in equity markets or deterioration or failure of investee companies could reduce the value of the investment securities held by the Group and affect its financial position and results of operations.」
Describes market and investee-company risks arising from holdings of listed shares and unlisted IT-related shares.