Japan Living Guarantee <7320> announced on the 9th that it had recorded special losses in the cumulative period of the fourth quarter of the fiscal year ending June 2024.
As a result of evaluating investment securities held by the company, for those whose actual value is significantly lower than the book value, the company recorded 0.206 billion yen in investment securities valuation losses as special losses in the current period. Furthermore, for stocks for which there are no market prices, the company applies an impairment loss to stocks whose actual prices have fallen by 50% or more compared to book value, and records the above amount as investment securities valuation losses due to the impairment loss.
