Market price risk of cross-shareholdings
First written in FY2020. 6 of 12 entries say "Materialised", first in FY2021-Q1. Latest entry: FY2027-H1.
Cox moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2019: 31 of 92 companies on the "Worse" side.
19 other companies' latest entry also says "Materialised".
- FY2027-H1MaterialisedAnnual report
「This was mainly due to a decrease of ¥133 million in the valuation difference on available-for-sale securities, among other factors.」
The valuation difference on available-for-sale securities decreased by ¥133 million, reversing the increase recorded in the previous fiscal year to a decline. - FY2026Continued increase in valuation differencesAnnual report
「The valuation difference on other securities increased by ¥545 million during the consolidated fiscal year, bringing the balance at the end of the period to ¥1,548 million.」
The valuation difference on other securities turned from a ¥23 million decrease in the previous fiscal year to a ¥545 million increase in the current fiscal year. - FY2026-H1Increase in Valuation DifferenceAnnual report
「Net assets increased by ¥1,133 million from the end of the previous consolidated fiscal year to ¥10,045 million. The main changes were increases of ¥761 million in retained earnings, ¥429 million in the valuation difference on other securities and ¥8 million in stock acquisition rights, and decreases of ¥40 million in deferred hedge gains or losses and ¥21 million in the accumulated adjustments for retirement benefits, among other factors.」
The valuation difference on other securities increased by ¥429 million, reversing the decrease in the valuation difference seen in the previous fiscal year. - FY2025MaterialisedAnnual report
「This was mainly due to increases of ¥1,196 million in retained earnings, ¥68 million in the accumulated adjustments for retirement benefits, ¥46 million in deferred hedge gains or losses and ¥4 million in foreign currency translation adjustments, and a ¥23 million decrease in the valuation difference on other securities, among other factors.」
The valuation difference on other securities related to market price fluctuations in policy-held shares and other securities decreased by ¥23 million, resulting in a decrease in valuation during the fiscal year. - FY2025-H1Continued increase in valuation differencesAnnual report
「Net assets as of the end of the interim consolidated accounting period increased by ¥928 million from the end of the previous consolidated fiscal year to ¥8,540 million. The main changes were increases of ¥846 million in retained earnings, ¥55 million in the valuation difference on other securities and ¥23 million in deferred hedge gains or losses, and a ¥12 million decrease in the accumulated adjustments for retirement benefits, among other factors.」
The valuation difference on other securities increased by ¥55 million, continuing the upward trend in the valuation difference since the previous filing. - FY2023-Q3Continued increase in valuation differencesAnnual report
「This was mainly due to a ¥269 million increase in the valuation difference on other securities, among other factors.」
The valuation difference on securities held increased by ¥269 million from the end of the previous consolidated fiscal year, contributing to an increase in net assets. - FY2023-Q1Increase in Valuation DifferenceAnnual report
「This was mainly due to a ¥29 million increase in the valuation difference on other securities resulting from fluctuations in the share prices of securities held, among other factors.」
The valuation difference on other securities increased by ¥29 million due to fluctuations in the share prices of securities held. - FY2022MaterialisedAnnual report
「This was mainly due to a ¥157 million decrease in the valuation difference on other securities, among other factors.」
A decrease in the valuation difference associated with market price fluctuations in policy-held shares and other securities also occurred during the fiscal year. - FY2022-Q1MaterialisedAnnual report
「This was mainly due to a ¥141 million decrease in investment securities resulting from fluctuations in the share prices of securities held, among other factors.」
The market price fluctuation risk associated with policy-held shares continued to materialize, resulting in a ¥141 million decrease in investment securities. - FY2021-Q3MaterialisedAnnual report
「Net assets decreased by ¥91 million from the end of the previous consolidated fiscal year to ¥7,566 million. The main changes included a ¥1,086 million increase in retained earnings and a ¥1,200 million decrease in valuation difference on available-for-sale securities.」
The ¥1,200 million decrease in valuation difference on available-for-sale securities shows that the decline in the valuation of investment securities due to market price fluctuations continued into the third quarter. - FY2021-Q1MaterialisedAnnual report
「This was mainly due to a ¥318 million decrease in investment securities resulting from fluctuations in the share prices of the shares held.」
The market price fluctuation risk of cross-shareholdings materialized as a ¥318 million decrease in investment securities due to share price fluctuations. - FY2020First statedAnnual report
「Investment securities consist primarily of shares in companies with which the Company has business relationships and are exposed to market price fluctuation risk and credit risk.」
The Company disclosed for the first time the risks associated with market price fluctuations and issuer credit in relation to cross-shareholdings as financial instrument risks.