Risk from Fluctuations in Interest Rates, Foreign Exchange Rates and Stock Prices
First written in FY2023-Q3. 4 of 6 entries say "Materialised", first in FY2024-Q3. Latest entry: 2026-08-07.
Iyogin Holdings moved to the "Worse" side of this theme in 2024, 4 years after the typical company in this theme (2020).
The whole theme swung hardest in 2022: 15 of 26 companies on the "Worse" side.
5 other companies' latest entry also says "Materialised".
- 2026-08-07MaterialisedEarnings
「Net income attributable to owners of the parent declined by ¥6.4 billion year on year to ¥24.3 billion, mainly because 株式会社伊予銀行 on a non-consolidated basis recognised losses on bond sales in response to rising domestic interest rates. Nevertheless, the company continued to secure a high level of profit, supported by steady growth in net interest income and other factors.」
Rising domestic interest rates were reflected in the recognition of losses on bond sales and the year-on-year decline in quarterly net income. - FY2026MaterialisedAnnual report
「Securities-related gains and losses declined as gains and losses on Japanese government bonds and other bonds decreased due to the recognition of losses on sales of yen-denominated bonds in response to rising yen interest rates, while」
The risk of rising interest rates appeared in business performance through the recognition of losses on sales of yen-denominated bonds and a decline in gains and losses on Japanese government bonds and other bonds. - FY2025-H1MaterialisedAnnual report
「Meanwhile, consolidated ordinary expenses increased by ¥16,298 million year on year to ¥78,654 million, mainly because funding costs increased as overseas interest rates rose.」
The rise in overseas interest rates appeared in business performance for the interim period through higher funding costs. Funding costs increased from ¥23,625 million in the same period of the previous year to ¥30,212 million. - FY2024RestatedAnnual report
「Consolidated ordinary expenses increased by ¥3,641 million year on year to ¥134,179 million, mainly because funding costs increased as overseas interest rates rose, despite a decline in losses on sales of Japanese government bonds and other bonds.」
The increase in funding costs resulting from higher overseas interest rates has also appeared in full-year business performance. - FY2024-Q3MaterialisedAnnual report
「Ordinary expenses increased by ¥9,674 million year on year to ¥96,194 million, mainly because funding costs increased as overseas interest rates rose.」
The rise in overseas interest rates has appeared in actual business performance through higher funding costs. - FY2023-Q3First statedAnnual report
「If interest rates, exchange rates, stock prices, or other market factors fluctuate significantly, the Group is exposed to the risk of deterioration in its business performance and financial position.」
This indicates the risk that fluctuations in interest rates, exchange rates, and stock prices will affect net interest income, the value of securities, business performance, and financial position.