Market Risk from Interest Rate, Foreign Exchange and Share Price Fluctuations
First written in FY2016. 13 of 34 entries say "Restated". Latest entry: 2026-08-03.
The Gunma Bank moved to the "Worse" side of this theme in 2020, 1 year before the typical company in this theme (2021).
The whole theme swung hardest in 2022: 9 of 14 companies on the "Worse" side.
7 other companies' latest entry also says "Mitigated".
- 2026-08-03MitigatedEarnings
「Valuation gains and losses on other securities on a non-consolidated basis resulted in a valuation gain of ¥11.7 billion.」
Valuation gains and losses on other securities improved from a gain of ¥1.8 billion in the same period of the previous fiscal year to a valuation gain of ¥11.7 billion. This does not indicate that overall market risk has been eliminated. - FY2026MitigatedAnnual report
「As of 31 March 2026, the Bank's total market risk (VaR) was ¥168.4 billion (the corresponding risk was ¥211.9 billion as of 31 March 2025).」
Market risk (VaR) decreased from ¥211.9 billion to ¥168.4 billion. The valuation difference on other securities also improved from negative to positive. - FY2026-H1MitigatedAnnual report
「Valuation difference on other securities △ 8,165 16,355」
The valuation difference on other securities improved from negative ¥8.165 billion at the end of the previous consolidated fiscal year to positive ¥16.355 billion. The improvement relates to securities valuation differences, not overall market risk. - FY2025WorsenedAnnual report
「As of 31 March 2025, the Bank's total market risk (VaR) was ¥211.9 billion (the corresponding risk was ¥166.9 billion as of 31 March 2024).」
Market risk (VaR) increased from ¥166.9 billion to ¥211.9 billion. The risk of falling bond prices when interest rates rise was also identified as a key risk. - FY2025-H1WorsenedAnnual report
「Valuation difference on other securities 23,617 11,212」
The valuation difference on other securities decreased from ¥23.617 billion at the end of March 2024 to ¥11.212 billion at the end of September 2024. - FY2024-Q3MitigatedAnnual report
「Valuation difference on other securities △ 2,920 10,016」
The valuation difference on other securities improved from negative ¥2.920 billion at the end of March 2023 to positive ¥10.016 billion at the end of December 2023. - FY2024-Q2WorsenedAnnual report
「Valuation difference on other securities △ 2,920 △ 3,862」
The valuation difference on other securities deteriorated from negative ¥2.920 billion at the end of March 2023 to negative ¥3.862 billion at the end of September 2023. - FY2024-Q1MitigatedAnnual report
「Valuation difference on other securities △ 2,920 11,236」
The valuation difference on other securities improved from negative ¥2.920 billion at the end of the previous consolidated fiscal year to positive ¥11.236 billion. - FY2023WorsenedAnnual report
「As of 31 March 2023, the Bank's total market risk (VaR) was ¥130.8 billion (the corresponding risk was ¥116.9 billion as of 31 March 2022).」
Market risk (VaR) increased from ¥116.9 billion to ¥130.8 billion. The valuation difference on other securities also changed from positive ¥33.379 billion to negative ¥2.920 billion. - FY2023-Q3WorsenedAnnual report
「Valuation difference on other securities 33,379 △ 27,551」
The valuation difference on other securities changed from positive ¥33.379 billion at the end of the previous consolidated fiscal year to negative ¥27.551 billion at the end of the third quarter of the current consolidated fiscal year. Securities valuation differences have deteriorated further. - FY2023-Q2WorsenedAnnual report
「Valuation difference on other securities 33,379 △ 8,716」
The valuation difference on other securities deteriorated from positive ¥33.379 billion at the end of March 2022 to negative ¥8.716 billion at the end of September 2022, reflecting a deterioration in securities valuation differences. - FY2023-Q1WorsenedAnnual report
「Valuation difference on other securities 33,379 6,166」
The valuation difference on other securities decreased from ¥33.379 billion at the end of the previous consolidated fiscal year to ¥6.166 billion, narrowing the valuation difference on securities. - FY2022WorsenedAnnual report
「As of 31 March 2022, the Bank's total market risk (VaR) was ¥116.9 billion (the corresponding risk was ¥115.3 billion as of 31 March 2021).」
Market risk (VaR) increased from ¥115.3 billion to ¥116.9 billion. - FY2022-Q3RestatedAnnual report
「There were no newly arising business or other risks during the third quarter of the current consolidated cumulative period. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Bank continues to disclose that there have been no new developments or material changes in market risk arising from interest-rate, foreign-exchange or share-price movements. - FY2021WorsenedAnnual report
「As of 31 March 2021, the Bank's total market risk (VaR) was ¥115.3 billion (the corresponding risk was ¥92.9 billion as of 31 March 2020).」
Market risk (VaR) increased from ¥92.9 billion to ¥115.3 billion. - FY2021-Q3RestatedAnnual report
「There were no newly arising business or other risks during the third quarter of the current consolidated cumulative period. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Bank has disclosed that there have been no new developments or material changes in market risk arising from interest-rate, foreign-exchange or share-price movements. - FY2021-Q1RestatedAnnual report
「There were no newly arising business or other risks during the first quarter of the current consolidated cumulative period. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Bank has comprehensively disclosed that there have been no new occurrences or material changes regarding market risk from changes in interest rates, foreign exchange rates, and stock prices. - FY2020WorsenedAnnual report
「As of 31 March 2020, the Bank's total market risk (VaR) was ¥92.9 billion (the corresponding risk was ¥78.9 billion as of 31 March 2019).」
Market risk (VaR) increased from ¥78.9 billion to ¥92.9 billion. - FY2020-Q2RestatedAnnual report
「There were no newly arising business or other risks during the second quarter of the current consolidated cumulative period. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Bank has comprehensively disclosed that there have been no new occurrences or material changes regarding market risk from changes in interest rates, foreign exchange rates, and stock prices. - FY2019MitigatedAnnual report
「As of 31 March 2019, the Bank's total market risk (VaR) was ¥78.9 billion (the corresponding risk was ¥105.6 billion as of 31 March 2018).」
Market risk (VaR) decreased from ¥105.6 billion to ¥78.9 billion. - FY2019-Q3RestatedAnnual report
「There were no newly arising business or other risks during the third quarter of the current consolidated cumulative period. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Bank has comprehensively disclosed that there have been no new occurrences or material changes regarding market risk from changes in interest rates, foreign exchange rates, and stock prices. - FY2019-Q2RestatedAnnual report
「There were no newly arising business or other risks during the second quarter of the current consolidated cumulative period. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Bank has comprehensively disclosed that there have been no new occurrences or material changes regarding market risk from changes in interest rates, foreign exchange rates, and stock prices. - FY2019-Q1RestatedAnnual report
「There were no newly arising business or other risks during the first quarter of the current consolidated cumulative period. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Bank has comprehensively disclosed that there have been no new occurrences or material changes regarding market risk from changes in interest rates, foreign exchange rates, and stock prices. - FY2018MitigatedAnnual report
「As of 31 March 2018, the Bank's total market risk VaR was ¥105.6 billion, compared with ¥108.7 billion as of 31 March 2017.」
Market risk (VaR) decreased from ¥108.7 billion to ¥105.6 billion. - FY2018-Q3RestatedAnnual report
「There were no newly arising business or other risks during the third quarter of the current consolidated cumulative period. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Bank has comprehensively disclosed that there have been no new occurrences or material changes regarding market risk from changes in interest rates, foreign exchange rates, and stock prices. - FY2018-Q2RestatedAnnual report
「There were no newly arising business or other risks during the second quarter of the current consolidated cumulative period. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Bank has comprehensively disclosed that there have been no new occurrences or material changes regarding market risk from changes in interest rates, foreign exchange rates, and stock prices. - FY2018-Q1RestatedAnnual report
「There were no newly arising business or other risks during the first quarter of the current consolidated cumulative period. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Bank has comprehensively disclosed that there have been no new occurrences or material changes regarding market risk from changes in interest rates, foreign exchange rates, and stock prices. - FY2017WorsenedAnnual report
「As of 31 March 2017, the Bank's total market risk VaR was ¥108.7 billion, compared with ¥77.5 billion as of 31 March 2016.」
The Bank disclosed that market risk VaR increased from ¥77.5 billion to ¥108.7 billion. - FY2017-Q3RestatedAnnual report
「There were no newly arising business or other risks during the third quarter of the current consolidated cumulative period. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Bank has comprehensively disclosed that there have been no new occurrences or material changes regarding market risk from changes in interest rates, foreign exchange rates, and stock prices. - FY2017-Q2RestatedAnnual report
「There were no newly arising business or other risks during the second quarter of the current consolidated cumulative period. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Bank has comprehensively disclosed that there have been no new occurrences or material changes regarding market risk from changes in interest rates, foreign exchange rates, and stock prices. - FY2017-Q1RestatedAnnual report
「There were no newly arising business or other risks during the first quarter of the current consolidated cumulative period. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Bank has comprehensively disclosed that there have been no new occurrences or material changes regarding market risk from changes in interest rates, foreign exchange rates, and stock prices. - FY2016First statedAnnual report
「The Bank holds marketable securities and other assets and is exposed to the risks associated with these holdings, including interest rate risk, foreign exchange risk, and price fluctuation risk.」
The Bank identifies interest rate, foreign exchange, and price fluctuation risks associated with its securities holdings and discloses VaR of ¥77.5 billion.