CCI Group Reports 2.48 Billion Yen in Unrealized Losses on Securities
MT Newswires Live
Oct 17
CCI Group (TYO:7381) said its subsidiary, Hokkoku Bank, recorded unrealized losses of 2.48 billion yen on held-to-maturity securities for the six months ended Sept. 30, according to a Friday filing on the Tokyo Stock Exchange.
The losses equal 20.1% of consolidated ordinary income and 30.5% of net income attributable to owners for the fiscal year ended March 2025. The book value of the securities totaled 147.38 billion yen, with a market value of 144.9 billion yen.
Shares of the company declined nearly 2% in afternoon trade Friday.
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