Separation of Lending Origination and Credit Underwriting, and Credit Management Through a Credit Rating System
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 23 of 44 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Within our group, the departments responsible for loan assessment and management are separated from the sales promotion departments, enabling rigorous assessment and management. We also appropriately manage concentrations of credit exposure in the credit portfolio to specific regions, industries, companies, groups and other categories.」
The separation of sales promotion from credit assessment, centralized credit management, the credit rating system, and audits of self-assessments by an independent department remain in place. - FY2017RestatedAnnual report
「Within the group, the departments responsible for assessing and managing loans are separate from the sales promotion departments, and conduct rigorous assessment and management through mutual checks and balances. The group also appropriately manages credit concentration in its credit portfolio involving particular regions, industries, companies and groups.」
The separation of sales promotion from credit assessment, centralized credit management, the credit rating system, and audits of self-assessments by an independent department remain in place. - FY2016First statedAnnual report
「The departments responsible for assessing and managing loans are separate from the sales promotion departments, and conduct rigorous assessment and management through mutual checks and balances. The group also appropriately manages credit concentration in its credit portfolio involving particular regions, industries, companies and groups. In addition, it has introduced a credit rating system to accurately assess the creditworthiness of counterparties and refine credit risk management, and uses it effectively in determining lending policies and loan interest rates.」
Credit risk is managed through the independence of the credit assessment department, credit concentration management, credit ratings and audits of self-assessments by an independent department.