Strengthening and Effectiveness of Risk Management Policies and Procedures
First written in FY2017-Q3. 4 of 8 entries say "Advanced", first in FY2017. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Under this plan, the Group will pursue 3 basic strategies to realize its group management philosophy, namely, to be the No. 1 comprehensive regional financial group by adapting to changes in the times with high aspirations and pride and growing together with customers: “1. Providing customer-focused ‘One to One Solutions,’” “2. Regional Development Strategy,” and “3. Management Infrastructure Enhancement Strategy.” Basic Strategy 3: Management Infrastructure Enhancement Strategy [Key Initiative] ① Enhancement of the Risk Appetite Framework」
In addition to identifying, assessing and reporting risks and managing top risks, the Group has identified enhancement of the Risk Appetite Framework as a basic strategy under its new medium-term management plan. - FY2025AdvancedAnnual report
「Through the top risk management process, we are working to strengthen risk management by enhancing risk communication within the Group and taking measures to reduce risks.」
In addition to the conventional identification, assessment and reporting of risks, the Group has explicitly adopted a process for identifying top risks and linking them to risk communication and risk-reduction measures within the Group. - FY2022RestatedAnnual report
「Based on the Basic Risk Management Policy, which sets out our fundamental approach to risk management, we identify and assess risks across the Group and report them regularly to the Management Committee and the Board of Directors.」
The Group continues to identify and assess risks, report them to the Management Committee and the Board of Directors, and respond when issues are identified. - FY2021RestatedAnnual report
「If these risks materialize, they could adversely affect the financial position and results of operations of the Group’s banking subsidiaries. Accordingly, the Group allocates capital to keep risk amounts within the limits of shareholders’ equity, with the allocation of capital to risk amounts, and implements risk management integrated with its business strategy.」
The Group reiterates its risk management integrated with its business strategy through VaR, stress testing and capital allocation within the limits of shareholders’ equity. - FY2020AdvancedAnnual report
「The banking subsidiary uses VaR, a statistical method, to estimate and monitor the maximum potential loss amount (risk amount) over a given period, such as six months, at a certain probability level (99% confidence interval). Separately, it estimates the impact on its financial position and results of operations through stress testing based on assumptions involving major past incidents.」
In addition to the processes for identifying, assessing and reporting risks, the Group has explicitly adopted management integrated with its business strategy by combining VaR, stress testing and capital allocation within the limits of shareholders’ equity. - FY2019RestatedAnnual report
「Based on the Basic Risk Management Policy, we identify and assess risks and report them regularly to the Management Committee and the Board of Directors.」
The Group continues to identify and assess risks, report them to the Management Committee and the Board of Directors, and respond when issues are identified. - FY2017AdvancedAnnual report
「Based on the Basic Risk Management Policy, we identify and assess risks and report them regularly to the Management Committee and the Board of Directors.」
The policy of strengthening risk management has been put into practice through the identification and assessment of risks, reporting to the Management Committee and the Board of Directors, and responses when issues are identified. - FY2017-Q3First statedAnnual report
「The Group is focusing on strengthening risk management in accordance with its own risk management policies and procedures.」
While stating that it has adopted the strengthening of risk management based on its own policies and procedures as an ongoing policy, it notes that their effectiveness may be limited.