The company recognized an impairment loss of 2,571 million yen on investment securities held by its group. The valuation loss resulted from a careful review of the investee company's business performance and plans, which showed a significant decline in fair value compared to acquisition cost.
Β₯2.6bn
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Summary
The company recognized an impairment loss of 2,571 million yen on investment securities held by its group. The valuation loss resulted from a careful review of the investee company's business performance and plans, which showed a significant decline in fair value compared to acquisition cost.