Managing credit risk through credit ratings, self-assessment, and separate underwriting functions
First written in FY2016. 3 of 6 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2020: 24 of 45 companies on the "Worse" side.
2 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「We engage in credit decisions that emphasize public interest, safety, growth potential, and profitability; identify risk exposure through credit ratings and self-assessment; and control risk based on the principle of eliminating concentration in particular counterparties.」
The company continues to manage credit risk through credit ratings, self-assessment, elimination of concentration, and the independence of the credit screening and management function. - FY2022AdvancedAnnual report
「The balance of loans requiring risk management decreased by ¥3,461 million during the consolidated fiscal year to ¥21,317 million. Its ratio to total credit exposure decreased by 0.17 percentage points during the consolidated fiscal year to 1.22%, remaining at a favorable level. This resulted from conducting self-assessments based on stringent standards and actively supporting business improvements at customers.」
The company demonstrated that loans requiring risk management and their ratio declined during the fiscal year through stringent self-assessment and support for customers’ business improvements as part of credit risk management based on credit ratings and other measures. - FY2019AdvancedAnnual report
「Methods and procedures for measuring credit risk exposure are prescribed in operating manuals and other internal rules, and risk is measured monthly based on the credit ratings and other information of borrowers. The measurement results are reported to the ALM Committee (Executive Committee).」
The company specified monthly measurement of credit risk exposure and reporting to the ALM Committee, in addition to credit ratings, self-assessment, and elimination of concentration. - FY2018RestatedAnnual report
「We undertake credit decisions that emphasize public interest, safety, growth, and profitability; measure risk exposure through credit ratings and self-assessment; and control risk based on the principle of avoiding concentration in specific borrowers. We also maintain rigorous credit-risk management by separating the credit review and management function from the sales promotion function and ensuring its independence.」
The company continues to manage credit risk through credit ratings, self-assessment, elimination of concentration, and measures including the independence of the credit screening and management function. - FY2017RestatedAnnual report
「We undertake credit decisions that emphasize public interest, safety, growth, and profitability; measure risk exposure through credit ratings and self-assessment; and control risk based on the principle of avoiding concentration in specific borrowers. We also maintain rigorous credit-risk management by separating the credit review and management function from the sales promotion function and ensuring its independence.」
The company continues to manage credit risk through credit ratings, self-assessment, elimination of concentration, and the independence of the credit screening and management function. - FY2016First statedAnnual report
「We undertake credit decisions that emphasize public interest, safety, growth, and profitability; measure risk exposure through credit ratings and self-assessment; and control risk based on the principle of avoiding concentration in specific borrowers. We also maintain rigorous credit-risk management by separating the credit review and management function from the sales promotion function and ensuring its independence.」
Credit decisions, credit ratings, self-assessment, avoidance of concentration, and the independence of the credit review function are identified as credit-risk management tools.