Change to offsetting presentation of derivative financial assets and liabilities
First written in FY2025-H1. 1 of 2 entries say "Achieved", first in FY2025. Latest entry: FY2025.
0 other companies' latest entry also says "Achieved".
- FY2025AchievedAnnual report
「Derivative transactions previously recorded under “trading assets” and “trading liabilities” were presented gross as financial assets and financial liabilities measured at fair value. From the consolidated fiscal year under review, the presentation method has been changed to offset financial assets and financial liabilities when the requirements stipulated in the Practical Guidelines for Accounting for Financial Instruments (Transfer Guideline No. 9, 1 July 2024) are met.」
Applied the accounting policy change to the net presentation of derivative financial assets and liabilities from the consolidated fiscal year under review, retrospectively reducing trading assets and trading liabilities for the previous fiscal year by ¥15.173 billion each. - FY2025-H1First statedAnnual report
「Derivative transactions previously recorded under “trading assets” and “trading liabilities” were presented gross as financial assets and financial liabilities measured at fair value. From the interim consolidated accounting period under review, the presentation method has been changed to offset financial assets and financial liabilities when the requirements stipulated in the Practical Guidelines for Accounting for Financial Instruments (Transfer Guideline No. 9, 1 July 2024) are met.」
Beginning with the interim consolidated accounting period under review, the presentation was changed to a net basis in light of the potential increase in derivative transactions following the lifting of the negative interest-rate policy and the actual reduction in credit risk through master netting agreements. The change was applied retrospectively, reducing trading assets and trading liabilities for the previous consolidated fiscal year by ¥15.173 billion each.