Loan-loss allowance management based on self-assessment and independent audits
First written in FY2017-Q2. 14 of 16 entries say "Restated". Latest entry: FY2026-H1.
1 other company's latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「For receivables corresponding to those of normal borrowers and borrowers requiring monitoring as specified in the Practical Guidelines for Self-Assessment of Assets of Banks and Other Financial Institutions and Audits of Write-Offs and Allowances for Loan Losses (Report No. 4 of the Special Committee on Bank Audits of the Japanese Institute of Certified Public Accountants, 14 April 2022), provisions are recognized primarily based on expected losses over the next 1 year or the next 3 years. Expected losses are calculated by determining a loss rate based on the average over a specified historical period of the historical loss rate calculated using actual loan losses over 1 year or 3 years, with necessary adjustments for future projections and other factors. All receivables are assessed by the business-related departments in accordance with the asset self-assessment standards, and the results of the assessment are audited by an asset audit department independent of those departments.」
The report continues to present a provisioning method based on expected losses over the next 1 year or 3 years, calculation of loss rates based on historical loss rates, self-assessment by the business-related departments and audits by an independent asset audit department. - FY2025RestatedAnnual report
「For receivables corresponding to those of normal borrowers and borrowers requiring monitoring, provisions are recognized primarily based on expected losses over the next 1 year or the next 3 years. Expected losses are calculated by determining a loss rate based on the average over a specified historical period of the historical loss rate calculated using actual loan losses over 1 year or 3 years, with necessary adjustments for future projections and other factors. All receivables are assessed by the business-related departments in accordance with the asset self-assessment standards, and the results of the assessment are audited by an asset audit department independent of those departments.」
The report continues to present a process involving provisions based on expected losses, self-assessment by the business-related departments and audits by an independent asset audit department. - FY2024-Q3RestatedAnnual report
「There were no material changes during the cumulative third quarter of the current consolidated fiscal year in the accounting estimates used by the Bank and its group or in the assumptions used in those estimates.」
The report continues to state that there have been no material changes from the previous consolidated fiscal year in the accounting estimates or the assumptions underlying them. - FY2024-Q2RestatedAnnual report
「For receivables corresponding to those of normal borrowers and borrowers requiring monitoring as specified in the Practical Guidelines for Self-Assessment of Assets of Banks and Other Financial Institutions and Audits of Write-Offs and Allowances for Loan Losses (Report No. 4 of the Special Committee on Bank Audits of the Japanese Institute of Certified Public Accountants, 14 April 2022), provisions are recognized primarily based on expected losses over the next 1 year or the next 3 years. Expected losses are calculated by determining a loss rate based on the average over a specified historical period of the historical loss rate calculated using actual loan losses or bankruptcy results over 1 year or 3 years, with necessary adjustments for future projections and other factors. All receivables are assessed by the business-related departments in accordance with the asset self-assessment standards, and the results of the assessment are audited by an asset audit department independent of those departments.」
The report continues to present a provisioning method based on expected losses over the next 1 year or 3 years, self-assessment by the business-related departments and audits by an independent asset audit department. - FY2024-Q1RestatedAnnual report
「There were no material changes during the cumulative first quarter of the current consolidated fiscal year in the accounting estimates used by the Bank and its group or in the assumptions used in those estimates.」
The report continues to state that there have been no material changes from the previous consolidated fiscal year in the accounting estimates or the assumptions underlying them. - FY2023RestatedAnnual report
「For receivables corresponding to those of normal borrowers and borrowers requiring monitoring, provisions are recognized primarily based on expected losses over the next 1 year or the next 3 years. All receivables are assessed by the business-related departments in accordance with the asset self-assessment standards, and the results of the assessment are audited by an asset audit department independent of those departments.」
The annual report continues to present a provisioning method based on expected losses over the next 1 year or 3 years, self-assessment by the business-related departments and audits by an independent asset audit department. - FY2023-Q3RestatedAnnual report
「There were no material changes during the cumulative third quarter of the current consolidated fiscal year in the accounting estimates used by the Bank and its group or in the assumptions used in those estimates.」
The report continues to state that there have been no material changes from the previous consolidated fiscal year in the accounting estimates or the assumptions underlying them. - FY2022-Q2RestatedAnnual report
「For receivables corresponding to those of normal borrowers and borrowers requiring monitoring as specified in the Practical Guidelines for Self-Assessment of Assets of Banks and Other Financial Institutions and Audits of Write-Offs and Allowances for Loan Losses, provisions are recognized primarily based on expected losses over the next 1 year or the next 3 years. All receivables are assessed by the business-related departments in accordance with the asset self-assessment standards, and the results of the assessment are audited by an asset audit department independent of those departments.」
The report continues to present a provisioning method for receivables of normal borrowers and borrowers requiring monitoring based on expected losses over the next 1 year or 3 years, together with self-assessment by the business-related departments and audits by an independent asset audit department. - FY2021-Q2RestatedAnnual report
「For receivables corresponding to those of normal borrowers and borrowers requiring monitoring under the relevant guidelines, provisions are recognized primarily based on expected losses over the next 1 year or the next 3 years.」
The report continues to present a provisioning method for receivables of normal borrowers and borrowers requiring monitoring based on expected losses over the next 1 year or 3 years, together with the self-assessment and independent audit procedures. - FY2020AdvancedAnnual report
「For receivables corresponding to those of normal borrowers and borrowers requiring monitoring under the relevant guidelines, provisions are recognized primarily based on expected losses over the next 1 year or the next 3 years.」
In addition to the existing self-assessment and independent audit procedures, the report describes a provisioning method based on expected losses over the next 1 year or 3 years, providing greater detail on allowance management. - FY2020-Q2RestatedAnnual report
「All receivables are assessed by the business-related departments in accordance with the asset self-assessment standards, and the results of the assessment are audited by an asset audit department independent of those departments.」
The credit risk management process involving self-assessment by the business-related departments and audits by an independent asset audit department continues to be presented. - FY2019-Q2RestatedAnnual report
「All receivables are assessed by the business-related departments in accordance with the asset self-assessment standards, and the results of the assessment are audited by an asset audit department independent of those departments.」
The credit risk management process involving self-assessment by the business-related departments and audits by an independent asset audit department continues to be presented. - FY2018RestatedAnnual report
「All receivables are assessed by the business-related departments in accordance with the asset self-assessment standards, and the results of the assessment are audited by an asset audit department independent of those departments.」
The annual report continues to present the credit risk management process of self-assessment and audits by an independent asset audit department. - FY2018-Q2RestatedAnnual report
「All receivables are assessed by the business-related departments in accordance with the asset self-assessment standards, and the results of the assessment are audited by an asset audit department independent of those departments.」
The credit risk management process involving self-assessment by the business-related departments and audits by an independent asset audit department continues to be presented. - FY2017RestatedAnnual report
「All receivables are assessed by the business-related departments in accordance with the asset self-assessment standards, and the results of the assessment are audited by an asset audit department independent of those departments.」
The annual report continues to present a process involving self-assessment by the business-related departments and audits by an independent asset audit department. - FY2017-Q2First statedAnnual report
「All receivables are assessed by the business-related departments in accordance with the asset self-assessment standards, and the results of the assessment are audited by an asset audit department independent of those departments.」
The specific credit risk management procedures of asset assessment, recognition of allowance for loan losses and independent asset audits are described.