Credit, Market and Operational Risks from the Spread of COVID-19
First written in FY2020. 7 of 9 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 12 of 34 companies on the "Worse" side.
8 other companies' latest entry also says "Dropped".
- FY2026DroppedAnnual report
「7. Risk that the Bank’s management strategy will not succeed 8. Other risks」
The credit, market and operational risks arising from the spread of COVID-19, which had previously been disclosed separately, were not listed as separate items in the main risk list for the fiscal year. - FY2023RestatedAnnual report
「We recognise the following as the main risks arising from COVID-19: ① increase in credit-related expenses ② disruption to operations」
The annual report continued to identify the risks of higher credit-related expenses and operational disruptions caused by COVID-19, along with responses involving specialist corporate support staff and employee health management. - FY2022-Q3RestatedAnnual report
「We assume that the effects of COVID-19 will continue for a certain period. During this period, although the economic activity of borrowers will be affected, we calculate the allowance for loan losses based on the assumption that the impact on the credit risk of loans and other assets will not be material because of economic measures by the government and others and support from financial institutions.」
The assumption that the effects of the pandemic will continue for a certain period and the assumption that the impact on credit risk will not be material because of economic measures by the government and others and support from financial institutions remain in place. There were no material changes in accounting estimates or assumptions from the end of the previous fiscal year. - FY2022-Q2RestatedAnnual report
「We assume that the effects of COVID-19 will continue for a certain period. During this period, although the economic activity of borrowers will be affected, we calculate the allowance for loan losses based on the assumption that the impact on the credit risk of loans and other assets will not be material because of economic measures by the government and others and support from financial institutions.」
The company has maintained the assumption that the effects of the pandemic will continue for a certain period and the assumption that the impact on credit risk will not be material because of economic measures by the government and others and support from financial institutions. There were no material changes in accounting estimates from the end of the previous fiscal year. - FY2022-Q1RestatedAnnual report
「We assume that the effects of the spread of COVID-19 will continue for a certain period. During this period, although some industries will be seriously affected, we calculate the allowance for loan losses based on the assumption that the impact on the credit risk of loans and other assets will not be material because of economic measures by the government and others and support from financial institutions.」
The assumption that the effects of COVID-19 will continue for a certain period and the accounting assumption that the impact on credit risk will not be material because of economic measures by the government and others and support from financial institutions remain in place. - FY2021-Q3RestatedAnnual report
「We assume that the effects of the spread of COVID-19 will continue for a certain period. During this period, although some industries will be seriously affected, we calculate the allowance for loan losses based on the assumption that the impact on the credit risk of loans and other assets will not be material because of economic measures by the government and others and support from financial institutions.」
While maintaining the assumption that the effects of COVID-19 will continue for a certain period, the company uses in calculating the allowance for loan losses the assumption that the impact on credit risk will not be material because of economic measures by the government and others and support from financial institutions. There were no material changes in accounting estimates from the end of the previous fiscal year. - FY2021-Q2RestatedAnnual report
「We assume that the effects of the spread of COVID-19 will continue for a certain period. During this period, although some industries will be seriously affected, we calculate the allowance for loan losses based on the assumption that the impact on the credit risk of loans and other assets will not be material because of economic measures by the government and others and support from financial institutions.」
While maintaining the assumption that the effects of COVID-19 will continue for a certain period, the company uses in calculating the allowance for loan losses the assumption that the impact on credit risk will not be material because of economic measures by the government and others and support from financial institutions. - FY2021-Q1RestatedAnnual report
「We assume that the effects of the spread of COVID-19 will continue for a certain period.」
The assumption that the effects of COVID-19 would continue for a certain period was presented and reflected in the accounting assumptions concerning the credit risk of loans and other assets, tax effects, impairment of fixed assets, and securities investment. - FY2020First statedAnnual report
「We recognise the following as the main risks arising from the spread of COVID-19: ① increase in credit-related expenses ② impairment losses on securities ③ disruption to operations」
For COVID-19, the report separately identified 3 main risk areas: credit-related expenses due to deterioration in borrowers’ conditions, impairment losses on securities, and operational disruptions caused by employee infections and other factors. Increases in impairment losses on securities and credit-related expenses occurred during the fiscal year.