Credit Enhancement Through Insurance Contracts
First written in FY2018-Q3. 2 of 13 entries say "Mitigated", first in FY2024. Latest entry: FY2026.
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- FY2026MitigatedAnnual report
「Expected future credit losses for the current consolidated fiscal year are ¥38,787 million (¥53,967 million in the previous consolidated fiscal year), below the corresponding total insurance coverage of ¥53,800 million (¥68,200 million in the previous consolidated fiscal year).」
Expected future credit losses decreased, while insurance coverage continued to exceed them. - FY2024MitigatedAnnual report
「Expected future credit losses for the current consolidated fiscal year are ¥11,675 million (¥7,704 million in the previous consolidated fiscal year), below the total insurance coverage of ¥15,600 million (¥9,600 million in the previous consolidated fiscal year).」
The disclosure indicates that insurance coverage has been set above expected future credit losses and specifies the extent of credit enhancement coverage. - FY2021Credit enhancement amounts varied by useAnnual report
「Credit enhancement through insurance contracts is provided against losses expected to arise from these contingent liabilities. The amounts of credit enhancement at the end of the previous and current consolidated fiscal years were ¥5,364 million and ¥5,118 million, respectively. Credit enhancement through insurance contracts is also provided against losses expected to arise from defaults on financial assets, with amounts of ¥2,756 million and ¥3,032 million, respectively.」
Credit enhancement for partnered loans decreased, while credit enhancement against losses from defaults on financial assets increased. - FY2020Credit enhancement amounts varied by useAnnual report
「Credit enhancement through insurance contracts is provided against losses expected to arise from these contingent liabilities. The amounts of credit enhancement at the end of the previous and current consolidated fiscal years were ¥5,707.216 million and ¥5,363.659 million, respectively. Credit enhancement through insurance contracts is also provided against losses expected to arise from defaults on financial assets, with amounts of ¥2,072.784 million and ¥2,756.341 million, respectively.」
Credit enhancement for partnered loans decreased, while credit enhancement against losses from defaults on financial assets increased. - FY2020-Q3Credit enhancement amounts varied by useAnnual report
「Credit enhancement through insurance contracts is provided against losses expected to arise from these contingent liabilities. The amounts of credit enhancement at the end of the previous consolidated fiscal year and the end of the third quarter of the current consolidated fiscal year were ¥5,707.216 million and ¥4,734.290 million, respectively. Credit enhancement through insurance contracts is also provided against losses expected to arise from defaults on financial assets, with amounts of ¥2,072.784 million and ¥2,696.753 million, respectively.」
Credit enhancement for partnered loans decreased, while credit enhancement against defaults on financial assets increased. - FY2020-Q2Credit enhancement amounts varied by useAnnual report
「Credit enhancement through insurance contracts is provided against losses expected to arise from these contingent liabilities. The amounts of credit enhancement at the end of the previous consolidated fiscal year and the end of the second quarter of the current consolidated fiscal year were ¥5,707.216 million and ¥4,900.319 million, respectively. Credit enhancement through insurance contracts is also provided against losses expected to arise from defaults on financial assets, with amounts of ¥2,072.784 million and ¥2,158.483 million, respectively.」
Credit enhancement for partnered loans decreased, while credit enhancement against defaults on financial assets increased. - FY2020-Q1Credit enhancement amounts varied by useAnnual report
「Credit enhancement through insurance contracts is provided against losses expected to arise from these contingent liabilities. The amounts of credit enhancement at the end of the previous consolidated fiscal year and the end of the first quarter of the current consolidated fiscal year were ¥5,707.216 million and ¥5,485.246 million, respectively. Credit enhancement through insurance contracts is also provided against losses expected to arise from defaults on financial assets, with amounts of ¥2,072.784 million and ¥2,294.754 million, respectively.」
Credit enhancement for partnered loans decreased, while credit enhancement against defaults on financial assets increased. - FY2019Increase in credit enhancementAnnual report
「Credit enhancement through insurance contracts is provided against losses expected to arise from these contingent liabilities. The amounts of credit enhancement at the end of the previous and current consolidated fiscal years were ¥544.817 million and ¥5,707.216 million, respectively.」
Credit enhancement through insurance contracts for partnered loans increased substantially. Credit enhancement against losses from defaults on financial assets also increased from ¥1,382.035 million to ¥2,072.784 million. - FY2019-Q3Credit enhancement amounts by use continued to varyAnnual report
「Credit enhancement through insurance contracts is provided against losses expected to arise from these contingent liabilities. The amounts of credit enhancement at the end of the previous consolidated fiscal year and the end of the third quarter of the current consolidated fiscal year were ¥544.817 million and ¥18.804 million, respectively. Credit enhancement through insurance contracts is also provided against losses expected to arise from defaults on financial assets, with amounts of ¥1,382.035 million and ¥1,614.799 million, respectively.」
Credit enhancement for partnered loans decreased to ¥18.804 million, while credit enhancement against defaults on financial assets increased to ¥1,614.799 million. - FY2019-Q2Credit enhancement amounts continued to vary by useAnnual report
「Credit enhancement through insurance contracts is provided against losses expected to arise from these contingent liabilities. The amounts of credit enhancement at the end of the previous consolidated fiscal year and the end of the second quarter of the current consolidated fiscal year were ¥544.817 million and ¥39.933 million, respectively. Credit enhancement through insurance contracts is also provided against losses expected to arise from defaults on financial assets, with amounts of ¥1,382.035 million and ¥1,593.670 million, respectively.」
Credit enhancement for partnered loans decreased from ¥544.817 million to ¥39.933 million, while credit enhancement against defaults on financial assets increased from ¥1,382.035 million to ¥1,593.670 million. - FY2019-Q1Credit enhancement amounts varied by useAnnual report
「Credit enhancement through insurance contracts is provided against losses expected to arise from these contingent liabilities. The amounts of credit enhancement at the end of the previous consolidated fiscal year and the end of the first quarter of the current consolidated fiscal year were ¥544.817 million and ¥234.601 million, respectively. Credit enhancement through insurance contracts is also provided against losses expected to arise from defaults on financial assets, with amounts of ¥1,382.035 million and ¥1,692.251 million, respectively.」
Credit enhancement for partnered loans decreased, while credit enhancement against defaults on financial assets increased. - FY2018RestatedAnnual report
「Credit enhancement through insurance contracts is provided against losses expected to arise from these contingent liabilities. The amounts of credit enhancement at the end of the previous and current consolidated fiscal years were ¥779.361 million and ¥544.817 million, respectively. Credit enhancement through insurance contracts is also provided against losses expected to arise from defaults on financial assets, with amounts of ¥1,122.130 million and ¥1,382.035 million, respectively, at the end of the previous and current consolidated fiscal years.」
Credit enhancement through insurance contracts has continued, but the direction of change in the enhancement amount differs between partnered loans and financial assets. - FY2018-Q3First statedAnnual report
「Credit enhancement through insurance contracts is provided against losses expected to arise from these contingent liabilities. At the end of the previous consolidated fiscal year, the amount of credit enhancement was ¥779.361 million for partnered loans and ¥1,122.130 million for financial assets. At the end of the third quarter of the current consolidated fiscal year, the amounts were ¥20.930 million and ¥1,501.710 million, respectively.」
The disclosure describes credit enhancement through insurance contracts as a means of addressing expected losses.