Risk of Misperceived Creditworthiness Due to a Weaker Relationship with the Japanese Government
First written in FY2016. . Latest entry: FY2025.
0 other companies' latest entry also says "Other".
- FY2025Risk of weakening ties with the Government made more specificAnnual report
「As JAPAN POST HOLDINGS Co.,Ltd. disposes of shares in the Bank and the Japanese Government progresses with the disposal of its shares in JAPAN POST HOLDINGS Co.,Ltd., if the weakening relationship between the Bank and the Japanese Government leads rating agencies to downgrade the credit ratings assigned to the Bank, or leads to the spread of a misperception or misunderstanding that the Bank’s economic creditworthiness has declined, this could affect the Bank Group’s business, operating performance and financial condition through decreases in deposits and other balances, and effects on transaction terms and the recruitment and retention of personnel.」
The impact channels arising from the weakening relationship with the Government following JAPAN POST HOLDINGS’ disposal of shares were made specific, including credit-rating downgrades and misperceptions of lower creditworthiness. - FY2016First statedAnnual report
「As JAPAN POST HOLDINGS Co.,Ltd. disposes of shares in the Bank and the Japanese Government progresses with the disposal of its shares in JAPAN POST HOLDINGS Co.,Ltd., if the weakening relationship between the Bank and the Japanese Government leads to the spread of a misperception or misunderstanding that the Bank’s economic creditworthiness has declined, this could affect the Bank’s business, operating performance and financial condition through decreases in deposits and other balances, and effects on transaction terms and the recruitment and retention of personnel.」
The disclosure states that there is no explicit or implicit guarantee by the Government, and identifies changes in market and customer perceptions arising from the weakening relationship as a risk.