Market fluctuation risks in interest rates, stock prices and foreign exchange rates
First written in FY2016. 13 of 39 entries say "Worsened", first in FY2017. Latest entry: 2026-08-07.
Jimoto Holdings moved to the "Worse" side of this theme in 2021, 1 year after the typical company in this theme (2020).
The whole theme swung hardest in 2022: 9 of 14 companies on the "Worse" side.
7 other companies' latest entry also says "Mitigated".
- 2026-08-07MitigatedFinancial results
「きらやか銀行 and 仙台銀行 are limiting the expansion of valuation losses by switching the investment assets held within their funds to short-term bonds. In cooperation with the SBI Group and taking financial market conditions into account, they plan to invest within the funds in highly creditworthy medium- to long-term bonds as well, apply part of the resulting income toward eliminating valuation losses, and work toward eliminating them over the medium to long term.」
The negative valuation difference on other securities narrowed from ¥23.254 billion at the end of March 2026 to ¥21.793 billion, and the Company continues its policy of limiting the expansion of valuation losses and eliminating them. - FY2026WorsenedAnnual report
「As of 31 March 2026, the Group's total market risk amounted to ¥27,816 million (negative ¥6,014 million at the end of the previous fiscal year).」
Market risk changed significantly from negative ¥6,014 million at the end of the previous fiscal year to ¥27,816 million, indicating deterioration in the measured value of market risk. Meanwhile, the negative valuation difference on available-for-sale securities narrowed from ¥25,283 million to ¥23,254 million. - FY2026-H1MitigatedAnnual report
「Valuation difference on available-for-sale securities △¥25,283 million △¥23,654 million」
The negative valuation difference on available-for-sale securities narrowed from ¥25,283 million at the end of the previous fiscal year to ¥23,654 million, improving the deterioration in the valuation difference. - FY2025Market risk contraction alongside deterioration in valuation differenceAnnual report
「As of 31 March 2025, the Group's total market risk amounted to negative ¥6,014 million (negative ¥13,343 million at the end of the previous fiscal year). ……Valuation difference on available-for-sale securities △¥25,283 million」
While the absolute amount of market risk managed using VaR contracted from the end of the previous fiscal year, the negative valuation difference on available-for-sale securities widened from ¥22,319 million to ¥25,283 million, indicating divergent movements between the indicators. - FY2025-H1WorsenedAnnual report
「Valuation difference on available-for-sale securities △¥23,486 million」
The negative valuation difference on available-for-sale securities widened from ¥22,319 million at the end of March 2024 to ¥23,486 million, with the impact of market volatility continuing to appear in net assets. - FY2024WorsenedAnnual report
「As of 31 March 2024, the Group's total market risk amounted to negative ¥13,343 million (negative ¥6,972 million at the end of the previous fiscal year).」
The absolute amount of market risk widened from ¥6,972 million at the end of the previous fiscal year to ¥13,343 million. Meanwhile, the negative valuation difference on available-for-sale securities narrowed from ¥31,095 million to ¥22,319 million, showing divergent movements between the indicators. - FY2024-Q3MitigatedAnnual report
「Valuation difference on available-for-sale securities △30,926」
The negative valuation difference on available-for-sale securities narrowed from ¥31,095 million at the end of March 2023 to ¥30,926 million, slightly improving the deterioration in the valuation difference caused by market volatility. - FY2024-Q2WorsenedAnnual report
「Valuation difference on available-for-sale securities △ 32,225」
The negative valuation difference on available-for-sale securities widened from ¥31,095 million at the end of March 2023 to ¥32,225 million, with the impact of market volatility continuing to appear in net assets. - FY2024-Q1MitigatedAnnual report
「Valuation difference on available-for-sale securities △ 30,542」
The negative valuation difference on available-for-sale securities narrowed from ¥31,095 million at the end of the previous fiscal year to ¥30,542 million. The impact of market volatility remains, but the negative valuation difference has improved slightly. - FY2023WorsenedAnnual report
「Valuation difference on available-for-sale securities △¥31,095 million」
The negative valuation difference on available-for-sale securities widened from ¥16,158 million at the end of the previous fiscal year to ¥31,095 million, worsening the impact of market volatility on net assets. Meanwhile, market risk was disclosed as negative ¥6,972 million following a change in the calculation method, so the effect of the methodology change must be considered in a simple comparison. - FY2023-Q3WorsenedAnnual report
「Valuation difference on available-for-sale securities △ 32,314」
The negative valuation difference on available-for-sale securities widened from ¥16,158 million at the end of the previous fiscal year and ¥31,121 million at the end of the previous quarter to ¥32,314 million, with the impact of market volatility continuing to appear in net assets. - FY2023-Q2WorsenedAnnual report
「Valuation difference on available-for-sale securities △ 31,121」
The negative valuation difference on available-for-sale securities widened from ¥16,158 million at the end of March 2022 to ¥31,121 million, with the impact of market volatility having a greater effect on net assets. - FY2023-Q1WorsenedAnnual report
「Valuation difference on available-for-sale securities △27,996」
The negative valuation difference on available-for-sale securities deteriorated from negative ¥16,158 million at the end of the previous fiscal year to negative ¥27,996 million. The total valuation difference on available-for-sale securities was also negative ¥29,396 million, with the impact of market volatility appearing as deterioration in comprehensive income and net assets. - FY2022WorsenedAnnual report
「The Group's market risk is managed as the combined market risk of its subsidiary banks, Kirayaka Bank and Sendai Bank. As of 31 March 2022, the Group's total market risk amounted to ¥21,157 million (¥19,034 million at the end of the previous fiscal year). / Valuation difference on available-for-sale securities △¥16,158 million」
The amount of market risk managed using VaR increased from ¥19,034 million to ¥21,157 million. The valuation difference on available-for-sale securities also moved from a positive ¥877 million to a negative ¥16,158 million, with the impact of market volatility appearing in reported results. - FY2022-Q3WorsenedAnnual report
「Valuation difference on available-for-sale securities 877 △ 956」
The valuation difference on available-for-sale securities moved from a positive ¥877 million at the end of the previous fiscal year to a negative ¥956 million, with the impact of market volatility appearing as deterioration in the valuation difference. - FY2022-Q2WorsenedAnnual report
「Valuation difference on available-for-sale securities △ 665」
The valuation difference on available-for-sale securities moved from a positive ¥877 million at the end of the previous fiscal year to a negative ¥665 million, with the impact of market volatility appearing as deterioration in the valuation difference. - FY2022-Q1MaterialisedAnnual report
「Valuation difference on available-for-sale securities 877 125」
The valuation difference on available-for-sale securities decreased from ¥877 million at the end of the previous fiscal year to ¥125 million, and the valuation difference on available-for-sale securities also decreased by ¥751 million during the quarter. The impact of market volatility appeared in reported results as deterioration in the valuation difference. - FY2021-Q3Positive valuation difference alongside losses from portfolio rebalancingAnnual report
「Available-for-sale securities 475,785 480,436 4,650」
The valuation difference on available-for-sale securities moved from negative ¥5,185 million at the end of the previous fiscal year to positive ¥4,650 million, while losses on bond redemptions also arose in connection with a review of the securities investment portfolio. - FY2021-Q2MitigatedAnnual report
「Valuation difference on available-for-sale securities △ 2,023」
The valuation difference on available-for-sale securities improved from negative ¥4,045 million at the end of March 2020 to negative ¥2,023 million. The impact of market volatility remains, but the negative valuation difference has narrowed. - FY2021-Q1MitigatedAnnual report
「Valuation difference on available-for-sale securities △ 2,217」
The valuation difference on available-for-sale securities improved from negative ¥4,045 million at the end of the previous fiscal year to negative ¥2,217 million. No impairment losses on securities were recognized during the first quarter, and the impact of recent market volatility has diminished. - FY2020WorsenedAnnual report
「The market risk of the Group is managed as the combined market risk of its consolidated subsidiaries, Kirayaka Bank Co., Ltd. and Sendai Bank Co., Ltd. As of 31 March 2020, this risk amounted to ¥18,008 million (¥6,911 million at the end of the previous fiscal year).」
The amount of market risk managed using VaR increased from ¥6,911 million to ¥18,008 million. The valuation difference on available-for-sale securities also moved from a positive ¥578 million to a negative ¥4,045 million, indicating a greater impact from market volatility. - FY2020-Q3MaterialisedAnnual report
「Valuation difference on available-for-sale securities △ 1,044」
The valuation difference on available-for-sale securities moved from a positive ¥578 million at the end of the previous fiscal year to a negative ¥1,044 million, with the impact of market volatility appearing in reported results as deterioration in the valuation difference. - FY2020-Q2MaterialisedAnnual report
「Valuation difference on available-for-sale securities △ 7」
The valuation difference on available-for-sale securities moved from a positive ¥578 million at the end of March 2019 to a negative ¥7 million, with the impact of market volatility appearing in reported results as deterioration in the valuation difference. - FY2020-Q1MaterialisedAnnual report
「The impairment loss recognized during the first quarter of the current consolidated cumulative period was ¥79 million, including ¥79 million on shares.」
During the quarter, the Group recognized a ¥79 million impairment loss on shares among securities affected by market volatility and other factors. The valuation difference on available-for-sale securities also decreased from ¥578 million at the end of the previous fiscal year to ¥352 million, with the impact of market conditions appearing in reported results. - FY2019VaR contraction alongside securities lossesAnnual report
「The market risk of the Group is managed as the combined market risk of its consolidated subsidiaries, Kirayaka Bank Co., Ltd. and Sendai Bank Co., Ltd. As of 31 March 2019, this risk amounted to ¥6,911 million (¥12,461 million at the end of the previous fiscal year).」
While the amount of market risk managed using VaR contracted from the end of the previous fiscal year, the Group also disclosed a ¥1,167 million loss on the sale of shares and other securities, ¥211 million in impairment losses on securities, and a decrease in the valuation difference on available-for-sale securities. - FY2019-Q3MaterialisedAnnual report
「Valuation difference on available-for-sale securities △ 1,379」
The valuation difference on available-for-sale securities moved from a positive ¥935 million at the end of the previous fiscal year to a negative ¥1,379 million, with the impact of market volatility appearing in reported results as deterioration in the valuation difference and comprehensive income. - FY2019-Q2Widening positive valuation differenceAnnual report
「Valuation difference on available-for-sale securities 2,224」
The valuation difference on available-for-sale securities increased from ¥935 million at the end of the previous fiscal year to ¥2,224 million, widening the positive valuation difference. This does not indicate that market volatility risk itself has disappeared. - FY2018MitigatedAnnual report
「As of 31 March 2018, the amount of this risk was ¥12,461 million (¥18,208 million at the end of the previous fiscal year).」
The amount of market risk managed using VaR decreased from ¥18,208 million at the end of the previous fiscal year to ¥12,461 million. Measured exposure to market volatility risk has contracted. - FY2018-Q3Widening positive valuation differenceAnnual report
「Valuation difference on available-for-sale securities 3,315 4,580」
The valuation difference on available-for-sale securities increased from ¥3,315 million at the end of the previous fiscal year to ¥4,580 million, widening the positive valuation difference. This does not indicate that market volatility risk itself has disappeared. - FY2018-Q2Widening positive valuation differenceAnnual report
「Valuation difference on available-for-sale securities 3,739」
The valuation difference on available-for-sale securities increased to ¥3,739 million from ¥3,315 million at the end of March 2017 and ¥3,440 million at the end of the previous quarter, with the valuation difference remaining positive. This does not indicate that market volatility risk itself has disappeared. - FY2018-Q1Positive valuation difference maintainedAnnual report
「Valuation difference on available-for-sale securities: ¥3,440 million」
The valuation difference on available-for-sale securities increased from ¥3,315 million at the end of March 2017 to ¥3,440 million, and remained positive. This does not indicate that the impact of market fluctuations itself has disappeared. - FY2017WorsenedAnnual report
「As of 31 March 2017, the market risk exposure was ¥18,208 million, compared with ¥16,764 million at the end of the previous consolidated fiscal year.」
Market risk exposure managed using VaR increased from ¥16,764 million at the end of the previous consolidated fiscal year to ¥18,208 million. The increase in exposure to market volatility risk has been disclosed quantitatively. - FY2017-Q3MitigatedAnnual report
「Valuation difference on available-for-sale securities: ¥5,414 million」
The valuation difference on available-for-sale securities amounted to ¥5,414 million, up from ¥3,015 million in the previous quarter. The impact of market fluctuations remains, but the latest valuation difference has remained positive. - FY2017-Q2MitigatedAnnual report
「Valuation difference on available-for-sale securities: ¥3,015 million」
The valuation difference, which had been negative in the previous quarter, returned to positive territory, and interim comprehensive income for the current interim period was ¥40 million. The impact of market fluctuations continues to be reflected in valuation differences, but the latest negative impact has eased. - FY2017-Q1MaterialisedAnnual report
「Valuation difference on available-for-sale securities: △¥2,402 million」
In the first quarter under review, the valuation difference on available-for-sale securities was negative at ¥2,402 million, and comprehensive income for the quarter was also negative at ¥812 million. The impact of market fluctuations is reflected in performance through valuation differences. - FY2016First statedAnnual report
「The Group's assets and liabilities may be affected by fluctuations in market risk factors such as interest rates, stock prices and foreign exchange rates.」
The market risk exposure measured using VaR was managed and reported at ¥16,764 million as of 31 March 2016.