Risks of impairment losses on CVC investments, unrealized capital gains, and inability to recover invested funds
First written in FY2024. 2 of 3 entries say "Materialised", first in FY2025. Latest entry: FY2026.
Fukui Computer Holdings moved to the "Worse" side of this theme in 2025, 2 years after the typical company in this theme (2023).
The whole theme swung hardest in 2024: 9 of 12 companies on the "Worse" side.
6 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Impairment loss on investment securities 845」
Regarding the risk of impairment losses on unlisted shares, including CVC investments, an impairment loss of ¥845 million was recorded during the fiscal year, increasing significantly from ¥29 million in the previous fiscal year. - FY2025MaterialisedAnnual report
「Depending on the business conditions of an investee, an impairment loss on securities held may be incurred, potentially affecting the business development, operating results and financial position of our Group.」
While continuing to disclose the risk of impairment losses and other losses on CVC investments, an impairment loss on unlisted shares of ¥29 million was actually recorded during the fiscal year. - FY2024First statedAnnual report
「Depending on the business conditions of an investee, an impairment loss on securities held may be incurred, potentially affecting the business development, operating results and financial position of our Group. In addition, there is no guarantee that shares and other investments will be sold at a price exceeding their acquisition cost, and expected capital gains may not be realised or invested funds may not be recovered.」
In addition to the existing risks related to market price fluctuations and impairment of investment securities, the company newly identifies risks related to the business conditions of CVC investees, sale prices, capital gains and recovery of invested funds.