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The Bank of Iwate (8345) · InitiativeSoftened

Preparing for major earthquake risk with earthquake derivatives

First written in FY2018. 7 of 12 entries say "Advanced", first in FY2019-Q2. Latest entry: FY2026-H1.

12entries
8years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2019-Q2 – FY2023-Q2SoftenedFY2023 – FY2026-H12018: 220182019: 120192020: 220202021: 120212022: 220222023: 220232024: 120242025: 12025
Same theme, other companies
Hedging Earthquake Disaster Risk with Earthquake DerivativesA theme 4 companies write about · 1 as a headwind · 3 as a tailwind

The Bank of Iwate moved to the "Worse" side of this theme in 2023.

0 other companies' latest entry also says "Softened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1SoftenedAnnual report

    「Earthquake derivatives Short positions 260 － △1 － Long positions 260 － 1 －」

    The contract amount of earthquake derivative short and long positions decreased from ¥535 million each at the end of March 2025 to ¥260 million each, further reducing financial protection against the risk of a major earthquake.
  2. FY2025-H1SoftenedAnnual report

    「Earthquake derivatives　Short positions　455　Long positions　455」

    The contract amount of earthquake derivative short and long positions decreased from ¥1,020 million each at the end of March 2024 to ¥455 million each, further reducing financial protection against the risk of a major earthquake.
  3. FY2024-Q2SoftenedAnnual report

    「Earthquake derivatives　Short positions　1,695　Long positions　1,695」

    The contract amount of earthquake derivative short and long positions decreased from ¥2,055 million each at the end of March 2023 to ¥1,695 million each.
  4. FY2023SoftenedAnnual report

    「Earthquake derivatives　Short positions　2,055　Long positions　2,055」

    The contract amount of earthquake derivative short and long positions decreased from ¥2,680 million each at the end of the previous fiscal year to ¥2,055 million each.
  5. FY2023-Q2AdvancedAnnual report

    「Earthquake derivatives　Short positions　2,695　Long positions　2,695」

    The contract amount of earthquake derivative short and long positions increased from ¥2,680 million each at the end of March 2022 to ¥2,695 million each.
  6. FY2022AdvancedAnnual report

    「Earthquake derivatives　Short positions　2,680　Long positions　2,680」

    The contract amount of earthquake derivative short and long positions increased from ¥2,610 million each at the end of the previous fiscal year to ¥2,680 million each.
  7. FY2021AdvancedAnnual report

    「Earthquake derivatives　Short positions　2,610　Long positions　2,610」

    The contract amount of earthquake derivative short and long positions increased from ¥2,335 million each at the end of the previous fiscal year to ¥2,610 million each.
  8. FY2021-Q2AdvancedAnnual report

    「Interim consolidated accounting period (as of 30 September 2020)　Earthquake derivatives　Short positions　2,610　Long positions　2,610」

    The contract amount of earthquake derivative short and long positions increased from ¥2,335 million each at the end of March 2020 to ¥2,610 million each, expanding financial protection against the risk of a major earthquake.
  9. FY2020AdvancedAnnual report

    「Earthquake derivatives　Short positions　2,335　Long positions　2,335」

    The contract amount of earthquake derivative short and long positions increased from ¥1,740 million each at the end of the previous fiscal year to ¥2,335 million each.
  10. FY2020-Q2AdvancedAnnual report

    「Interim consolidated accounting period (as of 30 September 2019)　Earthquake derivatives　Short positions　2,305　Long positions　2,305」

    The contract amount of earthquake derivative short and long positions increased from ¥1,740 million each at the end of March 2019 to ¥2,305 million each.
  11. FY2019-Q2AdvancedAnnual report

    「Earthquake derivatives: sold contracts, 1,065; purchased contracts, 1,065」

    The contract amounts for sold and purchased earthquake derivatives increased from ¥705 million each at the end of the previous consolidated fiscal year to ¥1,065 million each.
  12. FY2018First statedAnnual report

    「Current consolidated fiscal year (1 April 2017 to 31 March 2018): earthquake derivatives, sold contracts, ¥705 million; purchased contracts, ¥705 million」

    This is the first confirmation of financial protection against major earthquake risk using earthquake derivatives.
Moved together

"Market Risk from Changes in Interest Rates, Prices and Foreign Exchange Rates" moved the same way as this thread, in the same document, in 5 of its 12 moves.

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  1. ★This thread
  2. 1Market Risk from Changes in Interest Rates, Prices and Foreign Exchange Rates5×
  3. 2Widening Segment Loss in Leasing4×
  4. 3Creating New Business Areas through Consulting Capabilities and Regional Trading Company Businesses4×
  5. 4Credit Risk Arising from Deterioration in Borrowers’ Financial Condition and Loan Defaults3×
  6. 5Overcoming Adversity Through Innovation and Shared Prosperity with Local Communities3×
  7. 6Strengthening Profitability Through Organizational Culture Transformation3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Preparing for major earthquake risk with earthquake derivatives | The Bank of Iwate,Ltd. (8345) | Komori