Market Risk from Changes in Interest Rates, Prices and Foreign Exchange Rates
First written in FY2016. 14 of 38 entries say "Worsened", first in FY2018. Latest entry: 2026-07-30.
The Bank of Iwate moved to the "Worse" side of this theme in 2016, 5 years before the typical company in this theme (2021).
The whole theme swung hardest in 2024: 3 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Materialised".
- 2026-07-30MaterialisedOccurring Fact
「Total unrealized losses on securities at the end of the first quarter of the fiscal year ending March 2027: ¥4,117 million」
The company disclosed the actual amount of unrealized losses on bonds held to maturity at the end of the quarter. Net unrealized gains were negative ¥4,103 million, while the company stated that “this matter will have no impact on the earnings forecast.” - FY2026Decline in market risk exposure alongside greater bond lossesAnnual report
「At the end of the consolidated fiscal year, the Bank's market risk amount (estimated loss) was ¥26,682 million, compared with ¥28,365 million at the end of the previous consolidated fiscal year.」
Although the estimated market risk amount decreased from the end of the previous fiscal year, losses on sales and redemption of Japanese government bonds and other bonds totaled ¥19,637 million, and fluctuations in market conditions were significantly reflected in earnings. Economic stagnation and increasing market instability have also been identified as top risks. - FY2026-H1WorsenedAnnual report
「Other operating income (expenses) was a deficit of ¥3,633 million, down ¥2,244 million from the previous interim consolidated fiscal year, mainly due to an increase in losses on redemption of Japanese government bonds and other bonds.」
The increase in losses on redemption of Japanese government bonds and other bonds widened the deficit in other operating income (expenses) from ¥1,389 million in the previous fiscal year to ¥3,633 million. The impact of fluctuations in market-related income was reflected in the results for the interim period. - FY2025-H1WorsenedAnnual report
「Other operating income (expenses) was a deficit of ¥1,389 million, down ¥731 million from the previous interim consolidated fiscal year, mainly due to an increase in losses on sales of Japanese government bonds and other bonds.」
The increase in losses on sales of Japanese government bonds and other bonds caused other operating income (expenses) to deteriorate from a deficit of ¥658 million in the previous fiscal year to a deficit of ¥1,389 million. The impact on market-related income under the interest-rate environment following the change in monetary policy was reflected in the results. - FY2024Identified a sharp rise in interest rates as the top riskAnnual report
「・ A sharp rise in interest rates resulting from a change in monetary policy At the end of the consolidated fiscal year, the Bank's market risk amount (estimated loss) was ¥31,307 million, compared with ¥35,623 million at the end of the previous consolidated fiscal year.」
While identifying a sharp rise in interest rates resulting from a change in monetary policy as the top risk, the estimated market risk amount decreased from ¥35,623 million to ¥31,307 million. - FY2024-Q3MitigatedAnnual report
「Other operating income (expenses) was a deficit of ¥1,432 million, an improvement of ¥3,472 million from the third quarter of the previous fiscal year, mainly due to a decrease in losses on redemption of Japanese government bonds and other bonds.」
The decrease in losses on redemption of Japanese government bonds and other bonds narrowed the deficit in other operating income (expenses) from ¥4,904 million in the previous fiscal year to ¥1,432 million. The impact on market-related income was partially mitigated. - FY2024-Q2MitigatedAnnual report
「Other operating income (expenses) was a deficit of ¥658 million, an improvement of ¥632 million from the second quarter of the previous fiscal year, mainly due to a decrease in losses on redemption of Japanese government bonds and other bonds.」
The decrease in losses on redemption of Japanese government bonds and other bonds narrowed the deficit in other operating income (expenses) from ¥1,290 million in the previous fiscal year to ¥658 million. - FY2024-Q1MitigatedAnnual report
「Other operating income (expenses) was a deficit of ¥429 million, an improvement of ¥1,041 million from the first quarter of the previous fiscal year, mainly due to a decrease in losses on redemption of Japanese government bonds and other bonds.」
The decrease in losses on redemption of Japanese government bonds and other bonds narrowed the deficit in other operating income (expenses) from ¥1,470 million in the previous fiscal year to ¥429 million. - FY2023WorsenedAnnual report
「At the end of the consolidated fiscal year, the Bank's market risk amount (estimated loss) was ¥35,623 million, compared with ¥21,128 million at the end of the previous consolidated fiscal year.」
The estimated market risk amount increased from ¥21,128 million at the end of the previous fiscal year to ¥35,623 million. The disclosures also showed a decrease in securities balances, increases in losses on sales and redemption of bonds, and a decrease in valuation difference on other securities. - FY2023-Q3WorsenedAnnual report
「Other operating income (expenses) was a deficit of ¥4,904 million, down ¥4,908 million from the third quarter of the previous fiscal year, mainly due to an increase in losses on redemption of Japanese government bonds and other bonds.」
The increase in losses on redemption of Japanese government bonds and other bonds and other factors caused other operating income (expenses) to deteriorate from a surplus of ¥4 million in the previous fiscal year to a deficit of ¥4,904 million. The impact on market-related income was substantial and was reflected in the results. - FY2023-Q2WorsenedAnnual report
「Other operating income (expenses) was a deficit of ¥1,290 million, down ¥1,178 million from the second quarter of the previous fiscal year, mainly due to an increase in losses on redemption of Japanese government bonds and other bonds.」
The increase in losses on redemption of Japanese government bonds and other bonds and other factors caused other operating income (expenses) to deteriorate from a deficit of ¥112 million in the previous fiscal year to a deficit of ¥1,290 million. Valuation difference on other securities also decreased from ¥22,100 million to ¥7,500 million. - FY2023-Q1WorsenedAnnual report
「Other operating income (expenses) was a deficit of ¥1,470 million, down ¥1,553 million from the first quarter of the previous fiscal year, mainly due to an increase in losses on redemption of Japanese government bonds and other bonds.」
The increase in losses on redemption of Japanese government bonds and other bonds caused other operating income (expenses) to deteriorate from a surplus of ¥83 million in the previous fiscal year to a deficit of ¥1,470 million. The impact on market-related income was reflected in the results for the quarter. - FY2022MitigatedAnnual report
「At the end of the consolidated fiscal year, the Bank's market risk amount (estimated loss) was ¥21,128 million, compared with ¥23,960 million at the end of the previous consolidated fiscal year.」
The estimated market risk amount decreased from ¥23,960 million at the end of the previous fiscal year to ¥21,128 million. - FY2022-Q3MitigatedAnnual report
「Other operating income (expenses) was ¥4 million, an increase of ¥79 million from the third quarter of the previous fiscal year, mainly due to a decrease in losses on sales of Japanese government bonds and other bonds.」
The decrease in losses on sales of Japanese government bonds and other bonds and other factors improved other operating income (expenses) from a deficit of ¥75 million in the previous fiscal year to a surplus of ¥4 million. - FY2022-Q2WorsenedAnnual report
「Other operating income (expenses) was a deficit of ¥112 million, down ¥112 million from the second quarter of the previous fiscal year, mainly due to a decrease in gains on sales of Japanese government bonds and other bonds.」
The decrease in gains on sales of Japanese government bonds and other bonds caused other operating income (expenses) to fall from almost zero in the previous fiscal year to a deficit of ¥112 million. - FY2022-Q1MaterialisedAnnual report
「Other operating income (expenses) was ¥83 million, down ¥78 million from the first quarter of the previous fiscal year, mainly due to a decrease in gains on sales of Japanese government bonds and other bonds.」
The decrease in gains on sales of Japanese government bonds and other bonds caused other operating income (expenses) to decline from ¥161 million in the previous fiscal year to ¥83 million. - FY2021MitigatedAnnual report
「At the end of the consolidated fiscal year, the Bank's market risk amount (estimated loss) was ¥23,960 million, compared with ¥25,392 million at the end of the previous consolidated fiscal year.」
The estimated market risk amount decreased from ¥25,392 million at the end of the previous fiscal year to ¥23,960 million. Securities-related gains (losses) also improved, mainly due to an increase in gains on sales of securities. - FY2021-Q3WorsenedAnnual report
「Other operating income (expenses) was a deficit of ¥75 million, down ¥327 million from the third quarter of the previous fiscal year, mainly due to a decrease in gains on sales of Japanese government bonds and other bonds.」
The decrease in gains on sales of Japanese government bonds and other bonds and other factors caused other operating income (expenses) to fall from a surplus of ¥252 million in the previous fiscal year to a deficit of ¥75 million. - FY2021-Q2MaterialisedAnnual report
「Other operating income (expenses) was ¥0 million, down ¥181 million from the second quarter of the previous fiscal year, mainly due to a decrease in gains on sales of Japanese government bonds and other bonds.」
The decrease in gains on sales of Japanese government bonds and other bonds caused other operating income (expenses), including market-related income, to fall from a positive figure in the previous fiscal year to zero. In financial markets, the short-term interest rate was -0.061% and the long-term interest rate was 0.015%. - FY2021-Q1MitigatedAnnual report
「Other operating income (expenses) was ¥161 million, an increase of ¥243 million from the first quarter of the previous fiscal year, mainly due to a decrease in losses on redemption of Japanese government bonds and other bonds.」
The decrease in losses on redemption of Japanese government bonds and other bonds improved other operating income (expenses) from a deficit in the previous fiscal year to a surplus, partially mitigating the impact on market-related income. - FY2020MaterialisedAnnual report
「Ordinary expenses were ¥39,923 million, down ¥2,268 million from the previous fiscal year. Although other ordinary expenses, including impairment losses on stocks and other securities, increased as the spread of COVID-19 caused a substantial decline in stock prices at the end of the fiscal year, this was more than offset by a decrease in the provision for allowance for loan losses and other factors.」
The decline in stock prices resulted in impairment losses on stocks and other securities of ¥891 million, securities-related gains (losses) of -¥296 million, and a decrease in valuation difference on other securities. - FY2020-Q3MitigatedAnnual report
「Other operating income (expenses) was a surplus of ¥252 million, an increase of ¥719 million from the third quarter of the previous fiscal year, mainly due to a decrease in losses on redemption of Japanese government bonds and other bonds.」
The decrease in losses on redemption of Japanese government bonds and other bonds improved other operating income (expenses) from a deficit of ¥467 million in the previous fiscal year to a surplus of ¥252 million. - FY2020-Q2WorsenedAnnual report
「In financial markets, while quantitative and qualitative monetary easing with yield curve control continued, long-term interest rates declined amid the global trend toward lower interest rates. At the end of the interim period, the short-term interest rate (uncollateralized overnight call rate) was -0.064%, and the long-term interest rate (newly issued 10-year Japanese government bond) was -0.215%.」
Short- and long-term interest rates fell into negative territory amid the global decline in interest rates, and adverse market conditions have continued. - FY2020-Q1WorsenedAnnual report
「Other operating income (expenses) was a deficit of ¥82 million, down ¥197 million from the first quarter of the previous fiscal year, mainly due to a decrease in gains on sales of Japanese government bonds and other bonds.」
The decrease in gains on sales of Japanese government bonds and other bonds caused other operating income (expenses) to fall from a surplus of ¥115 million in the previous fiscal year to a deficit of ¥82 million. - FY2019-Q3WorsenedAnnual report
「Other operating income (expenses) was a deficit of ¥467 million, down ¥451 million from the third quarter of the previous fiscal year, mainly due to an increase in foreign exchange trading losses.」
The increase in foreign exchange trading losses and other factors widened the deficit in other operating income (expenses) from ¥16 million in the previous fiscal year to ¥467 million. - FY2019-Q2MaterialisedAnnual report
「Other operating income (expenses) was a deficit of ¥13 million, down ¥63 million from the second quarter of the previous fiscal year, mainly due to an increase in foreign exchange trading losses.」
The increase in foreign exchange trading losses caused other operating income (expenses) to fall from a surplus of ¥50 million in the previous fiscal year to a deficit of ¥13 million. - FY2019-Q1MitigatedAnnual report
「Other operating income (expenses) was ¥115 million, an increase of ¥86 million from the first quarter of the previous fiscal year, mainly due to a decrease in losses on redemption of Japanese government bonds and other bonds.」
The decrease in losses on redemption of Japanese government bonds and other bonds improved other operating income (expenses) from ¥29 million in the previous fiscal year to ¥115 million, partially mitigating the impact on market-related income. - FY2018WorsenedAnnual report
「Other operating income (expenses) was a deficit of ¥1,119 million, down ¥568 million from the previous fiscal year, mainly due to a decrease in gains on sales of Japanese government bonds and other bonds and an increase in foreign exchange trading losses.」
The decrease in gains on sales of Japanese government bonds and other bonds and the increase in foreign exchange trading losses widened the deficit in other operating income (expenses), including market-related income. - FY2018-Q3MitigatedAnnual report
「Other operating income (expenses) was ¥16 million, an increase of ¥431 million from the third quarter of the previous fiscal year, mainly due to a decrease in losses on redemption of Japanese government bonds and other bonds.」
The decrease in losses on redemption of Japanese government bonds and other bonds narrowed the deficit in other operating income (expenses) from ¥447 million in the previous fiscal year to ¥16 million. - FY2018-Q2MaterialisedAnnual report
「Ordinary income was ¥23,059 million, down ¥774 million from the second quarter of the previous fiscal year, mainly due to decreases in income from fund management and securities-related income.」
The decrease in securities-related income, including market operations, was reflected in a ¥774 million year-on-year decrease in ordinary income. - FY2018-Q1MaterialisedAnnual report
「Ordinary income was ¥11,924 million, down ¥1,161 million from the first quarter of the previous fiscal year, mainly due to decreases in income from fund management and securities-related income.」
The decreases in fund management income and securities-related income were reflected in a ¥1,161 million year-on-year decrease in ordinary income. - FY2017MaterialisedAnnual report
「Other operating income and expenses decreased by ¥700 million year on year to a loss of ¥551 million, mainly due to the impact of consolidating 3 equity-method affiliates and a decrease in gains on sales of Japanese government bonds and other bonds.」
In addition to fluctuations in market-related income, losses on redemption of Japanese government bonds and other bonds of ¥1,538 million were incurred, resulting in a decrease in other operating income (expenses). - FY2017-Q3MaterialisedAnnual report
「Other operating income and expenses decreased by ¥832 million from the first nine months of the previous fiscal year to a loss of ¥447 million, mainly due to increases in losses on redemption of Japanese government bonds and other bonds and expenses related to financial derivatives.」
The increase in expenses related to securities and financial derivatives was reflected in actual results as a decline in other operating income and expenses. - FY2017-Q2MaterialisedAnnual report
「In the first half of fiscal 2016, the domestic economy was severely unsettled, particularly in export-related industries, due to falling share prices following the UK’s decision to leave the EU and the yen’s appreciation. However, it regained its composure and maintained a gradual recovery trend, as domestic demand remained firm and an abrupt recession in the UK economy was, for the time being, avoided.」
It describes the market turmoil caused by falling share prices and the yen’s appreciation following the UK’s decision to leave the EU as part of the economic environment that actually occurred. It also explains that conditions subsequently regained their composure. - FY2016First statedAnnual report
「There is a risk of incurring losses as fluctuations in various market risk factors, including interest rates, equities and foreign exchange, cause the value of assets and liabilities, including off-balance-sheet items, to fluctuate, or cause earnings generated by assets and liabilities to fluctuate.」
The disclosure states that market risk exposure in the market investment division was ¥3.4371 billion and interest-rate risk exposure on deposits, loans and other items was ¥499.5 million.