Consolidated subsidiary SG Research recorded valuation losses related to equity exchange-traded funds and similar instruments. Cumulative valuation losses amounted to -1,591 million yen through the second quarter; the situation from July to the end of September is being reviewed and the outlook for the next fiscal period is under examination, with additional disclosure to be made if necessary.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"9760","jir_company_name":"Shingakukai Holdings Co.,Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-10-02","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/9760-20261002-01.pdf","jir_short_summary":"Consolidated subsidiary SG Research recorded valuation losses related to equity exchange-traded funds and similar instruments. Cumulative valuation losses amounted to -1,591 million yen through the second quarter; the situation from July to the end of September is being reviewed and the outlook for the next fiscal period is under examination, with additional disclosure to be made if necessary.","jir_summary":"### Key Points\nConsolidated subsidiary SG Research needed to recognize valuation losses on equity exchange-traded funds and similar instruments held during the second quarter of the fiscal year ending March 2027. Unrealized losses expanded due to downward pressure on the Nikkei average and movements in AI semiconductor-related stocks, resulting in a valuation loss of 695 million yen. Cumulative valuation losses reached 1,591 million yen through the second quarter. The outlook for future performance is under review, and if a revision is deemed necessary it will be disclosed promptly.\n\n### Outlook and Impact\nThe earnings outlook for the fiscal year ending March 2027 is currently under review; if a revision is judged necessary it will be disclosed promptly. Although exchange rate information is provided, the direct financial impact of this notice itself is limited, and any determination will be made when the next earnings outlook is published.","jir_financial_highlights":"Valuation loss on marketable securities: -695 million yen (Cumulative -1,591 million yen through the second quarter)","jir_category":"","jir_hashtags":"#ShingakukaiHoldings, #Disclosure, #ValuationLossOnMarketableSecurities","jir_key_figures":"Valuation loss on marketable securities: -695 million yen (second quarter)\nCumulative valuation loss through second quarter: -1,591 million yen\nNikkei average trend: End of June 70,062 yen \u2192 End of July 61,434 yen \u2192 End of September 66,753 yen","jir_meta_title":"Shingakukai Holdings Co.,Ltd. - Notice on Valuation Losses on Marketable Securities Held by a Consolidated Subsidiary\uff5c2026-10-02","jir_meta_description":"Consolidated subsidiary SG Research has recorded valuation losses on equity exchange-traded funds and similar instruments. Cumulative valuation losses total approximately 1,591 million yen, with 695 million yen recorded in the current period. The outlook is under review and additional disclosures will be made if necessary.","jir_og_title":"Notice of Valuation Losses on Marketable Securities Held by a Consolidated Subsidiary - Shingakukai Holdings Co.,Ltd.","jir_og_description":"SG Research recorded valuation losses on equity exchange-traded funds and similar instruments. Cumulative valuation losses total approximately 1,591 million yen, and the future earnings outlook is under review.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":60665,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"disclosure_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-126970","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n