Impact of Declining Securities-Related Revenue on Revenue and Profit
First written in FY2017-Q1. 15 of 39 entries say "Mitigated", first in FY2017-Q2. Latest entry: 2026-10-26.
The whole theme swung hardest in 2025: 2 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Mitigated".
- 2026-10-26Mitigatedwww.nikkinonline.com
「Due to higher interest rates, interest income on loans and interest and dividend income on securities, among other fund investment income, at the bank on a non-consolidated basis exceeded the initial forecast.」
Fund investment income, including interest and dividend income on securities, is expected to exceed the initial forecast, improving the previously identified risk of a decline in securities-related income. - FY2026MitigatedAnnual report
「The Group's ordinary revenue increased by ¥4,531 million from the previous fiscal year to ¥33,674 million, mainly due to higher interest on loans, securities-related income and other factors. Ordinary expenses increased by ¥3,698 million from the previous fiscal year to ¥30,540 million, mainly due to higher interest on deposits and other factors. As a result, ordinary profit was ¥3,134 million, and net income attributable to owners of the parent was ¥2,000 million.」
Revenue increased due to higher interest on loans and securities-related income, and expenses also increased due to higher interest on deposits and other factors, but ordinary profit increased year on year. Actual results indicate that the revenue risk associated with fluctuations in securities-related income is improving. - 2026-05-15ReframedEarnings
「The Bank Group’s ordinary income increased by ¥4,531 million year on year to ¥33,674 million, mainly due to increases in interest on loans and income related to securities. Ordinary expenses increased by ¥3,698 million year on year to ¥30,540 million, mainly due to an increase in interest on deposits.」
The income drivers included increases in interest on loans and income related to securities, while the expense drivers included increases in interest on deposits and other items. - FY2026-H1ReframedAnnual report
「For the cumulative interim period of the current fiscal year, the Group's ordinary revenue increased by ¥1,550 million year on year to ¥16,157 million, mainly due to higher interest on loans and other factors. Ordinary expenses increased by ¥1,026 million year on year to ¥14,170 million, mainly due to higher funding costs, credit-related costs and other factors. As a result, ordinary profit increased by ¥524 million year on year to ¥1,987 million.」
The explanation of revenue drivers shifted from lower securities-related income to a composition that also includes higher interest on loans, funding costs and credit-related costs. Both ordinary revenue and ordinary profit increased year on year. - FY2025MitigatedAnnual report
「The Group's ordinary revenue decreased by ¥761 million from the previous fiscal year to ¥29,143 million, mainly due to lower securities-related income and other factors, despite increases in interest on loans and fees and commissions income. Ordinary expenses decreased by ¥7,193 million from the previous fiscal year to ¥26,842 million, mainly due to lower funding costs, credit-related costs and other factors. As a result, ordinary profit was ¥2,300 million, and net income attributable to owners of the parent was ¥1,861 million.」
Revenue continued to decline due to lower securities-related income, but ordinary profit recovered from a loss in the previous fiscal year to a profit of ¥2,300 million due to lower funding costs, credit-related costs and other factors. - FY2025-H1MitigatedAnnual report
「For the cumulative interim period of the current fiscal year, the Group's ordinary revenue decreased by ¥1,117 million year on year to ¥14,607 million, mainly due to lower gains on sales of shares and other factors, despite higher fees and commissions income. Ordinary expenses decreased by ¥2,444 million year on year to ¥13,144 million, mainly due to lower funding costs, credit-related costs and other factors. As a result, ordinary profit increased by ¥1,327 million year on year to ¥1,462 million.」
Revenue declined due to lower gains on sales of shares, while ordinary expenses decreased due to lower funding costs and credit-related costs, resulting in higher ordinary profit year on year. - FY2024-Q3Revenue increased, but profit continued to decline due to higher funding costsAnnual report
「For the cumulative third quarter of the current fiscal year, the Group's ordinary revenue increased by ¥1,611 million year on year to ¥23,181 million, mainly due to higher fees and commissions income, gains on sales of shares and other factors. Ordinary expenses increased by ¥3,195 million year on year to ¥22,140 million, mainly due to higher funding costs and other factors. As a result, ordinary profit decreased by ¥1,583 million year on year to ¥1,041 million.」
Ordinary revenue increased due to higher fees and commissions income and gains on sales of shares, but ordinary expenses, including funding costs, increased, resulting in lower ordinary profit year on year. - FY2024-Q2WorsenedAnnual report
「For the cumulative second quarter of the current fiscal year, the Group's ordinary revenue increased by ¥1,430 million year on year to ¥15,724 million, due to higher interest on loans, fees and commissions income, gains on sales of shares and other factors. Ordinary expenses increased by ¥3,352 million year on year to ¥15,589 million, mainly due to higher funding costs and other factors. As a result, ordinary profit decreased by ¥1,921 million year on year to ¥135 million.」
Ordinary revenue increased due to higher interest on loans, fees and commissions income and gains on sales of shares, while ordinary expenses, including funding costs, increased substantially, resulting in ordinary profit of ¥135 million, down ¥1,921 million year on year. - FY2024-Q1MitigatedAnnual report
「For the cumulative first quarter of the current fiscal year, the Group's ordinary revenue increased by ¥1,677 million year on year to ¥8,821 million, mainly due to higher gains on sales of securities and other factors. Ordinary expenses increased by ¥1,507 million year on year to ¥7,502 million, mainly due to higher funding costs and other factors. As a result, ordinary profit increased by ¥169 million year on year to ¥1,319 million.」
Although funding costs continued to increase, ordinary revenue and ordinary profit both increased year on year due to higher gains on sales of securities and other factors. - FY2023WorsenedAnnual report
「Ordinary revenue increased by ¥981 million from the previous fiscal year to ¥28,403 million, mainly due to higher interest on loans, fees and commissions income and other factors. Ordinary expenses increased by ¥3,369 million from the previous fiscal year to ¥26,806 million, mainly due to higher funding costs and other factors. As a result, ordinary profit was ¥1,596 million.」
Although interest on loans and fees and commissions income increased, ordinary expenses increased substantially due to higher funding costs and other factors, and ordinary profit decreased from ¥3,984 million in the previous fiscal year to ¥1,596 million. - FY2023-Q3WorsenedAnnual report
「For the cumulative third quarter of the current fiscal year, the Group's ordinary revenue increased by ¥719 million year on year to ¥21,569 million, mainly due to higher interest on loans, fees and commissions income and other factors. Ordinary expenses increased by ¥2,366 million year on year to ¥18,944 million, mainly due to higher funding costs and other factors. As a result, ordinary profit decreased by ¥1,646 million year on year to ¥2,625 million.」
Ordinary revenue increased due to higher interest on loans and fees and commissions income, while ordinary expenses increased substantially due to higher funding costs and other factors, resulting in lower ordinary profit year on year. - FY2023-Q2WorsenedAnnual report
「For the cumulative second quarter of the current fiscal year, the Group's ordinary revenue decreased by ¥46 million year on year to ¥14,293 million, due to lower gains on sales of Japanese government bonds and other bonds, despite increases in interest on loans and fees and commissions income. Ordinary expenses increased by ¥1,182 million year on year to ¥12,236 million, mainly due to higher funding costs and other factors. As a result, ordinary profit decreased by ¥1,228 million year on year to ¥2,057 million.」
Although interest on loans and fees and commissions income increased, ordinary revenue decreased due to lower gains on sales of Japanese government bonds and other bonds, while ordinary expenses increased due to higher funding costs and other factors. As a result, ordinary profit also decreased year on year. - FY2023-Q1WorsenedAnnual report
「For the cumulative first quarter of the current fiscal year, the Group's ordinary revenue decreased by ¥61 million year on year to ¥7,144 million, due to lower reversals of allowance for doubtful accounts and other factors, despite increases in interest on loans and fees and commissions income. Ordinary expenses increased by ¥569 million year on year to ¥5,994 million, mainly due to higher securities-related expenses and other factors. As a result, ordinary profit decreased by ¥630 million year on year to ¥1,149 million.」
Although interest on loans and fees and commissions income increased, ordinary revenue decreased due to lower reversals of allowance for doubtful accounts and other factors, while ordinary expenses increased due to higher securities-related expenses and other factors. As a result, ordinary profit also decreased year on year. - FY2022ReframedAnnual report
「The Group's ordinary revenue decreased by ¥361 million from the previous fiscal year to ¥27,421 million, mainly due to lower securities-related income and other factors. Ordinary expenses decreased by ¥871 million from the previous fiscal year to ¥23,436 million, mainly due to lower expenses, credit-related costs and other factors. As a result, ordinary profit was ¥3,984 million.」
Revenue continued to decline due to lower securities-related income, but ordinary profit reached ¥3,984 million due to lower expenses and credit-related costs. The explanation has been restructured to present lower revenue and higher profit as coexisting. - FY2022-Q3MitigatedAnnual report
「For the cumulative third quarter of the current fiscal year, the Group's ordinary revenue increased by ¥444 million year on year to ¥20,850 million, mainly due to higher interest on loans, fees and commissions income and other factors. Ordinary expenses decreased by ¥542 million year on year to ¥16,578 million, mainly due to lower expenses, credit-related costs and other factors. As a result, ordinary profit increased by ¥986 million year on year to ¥4,271 million.」
Higher interest on loans and fees and commissions income, together with lower expenses and credit-related costs, resulted in year-on-year increases in both ordinary revenue and ordinary profit. As in the previous second quarter, the impact on revenue and profit is moving toward mitigation. - FY2022-Q2MitigatedAnnual report
「For the cumulative second quarter of the current fiscal year, the Group's ordinary revenue increased by ¥378 million year on year to ¥14,340 million, mainly due to higher interest on loans, fees and commissions income and other factors. Ordinary expenses decreased by ¥275 million year on year to ¥11,054 million, mainly due to lower expenses, credit-related costs and other factors. As a result, ordinary profit increased by ¥653 million year on year to ¥3,285 million.」
Higher interest on loans and fees and commissions income, together with lower expenses and credit-related costs, resulted in year-on-year increases in both ordinary revenue and ordinary profit. The impact of lower revenue and losses that had continued from the previous fiscal year was mitigated in the current interim period. - FY2022-Q1ReframedAnnual report
「For the cumulative first quarter of the current fiscal year, the Group's ordinary revenue decreased by ¥204 million year on year to ¥7,205 million, due to lower other operating revenue and other factors, despite increases in interest on loans and fees and commissions income. Ordinary expenses decreased by ¥307 million year on year to ¥5,425 million, mainly due to lower operating expenses and other factors. As a result, ordinary profit increased by ¥102 million year on year to ¥1,780 million.」
Ordinary revenue decreased year on year due to lower other operating revenue and other factors, but ordinary profit increased due to lower operating expenses and other factors. The explanation presents lower revenue and higher profit as coexisting. - FY2021ReframedAnnual report
「Under these circumstances, the Group's ordinary revenue decreased by ¥1,191 million from the previous fiscal year to ¥27,782 million, mainly due to lower securities-related income and other factors. Ordinary expenses decreased by ¥8,897 million from the previous fiscal year to ¥24,307 million, mainly due to lower expenses, credit-related costs and other factors. As a result, ordinary profit was ¥3,475 million.」
Ordinary revenue decreased due to lower securities-related income, but ordinary profit recovered from a loss in the previous fiscal year to a profit of ¥3,475 million due to lower expenses and credit-related costs. - FY2021-Q3RestatedAnnual report
「For the cumulative third quarter of the current fiscal year, the Group's ordinary revenue decreased by ¥1,409 million year on year to ¥20,405 million, due to lower securities-related income and other factors, despite increases in interest on loans and fees and commissions income. Ordinary expenses decreased by ¥1,977 million year on year to ¥17,121 million, mainly due to lower expenses and credit-related costs. As a result, ordinary profit increased by ¥568 million year on year to ¥3,284 million.」
Ordinary revenue decreased year on year due to lower securities-related income and other factors, but ordinary profit increased due to lower expenses, credit-related costs and other factors. As in the previous second quarter, lower revenue and higher profit coexisted. - FY2021-Q2RestatedAnnual report
「For the cumulative second quarter of the current fiscal year, the Group's ordinary revenue decreased by ¥683 million year on year to ¥13,961 million. Ordinary expenses decreased by ¥789 million year on year to ¥11,329 million, mainly due to lower expenses and credit-related costs. As a result, ordinary profit increased by ¥105 million year on year to ¥2,631 million.」
Ordinary revenue decreased year on year due to lower securities-related income and other factors, but ordinary profit increased due to lower expenses, credit-related costs and other factors. As in the previous first quarter, lower revenue and higher profit coexisted. - FY2021-Q1ReframedAnnual report
「For the cumulative first quarter of the current fiscal year, the Group's ordinary revenue decreased by ¥282 million year on year to ¥7,410 million. Although interest on loans increased, revenue declined mainly due to lower other operating revenue and other factors. Ordinary expenses increased by ¥28 million year on year to ¥5,732 million, mainly due to higher other operating expenses and other factors. As a result, ordinary profit decreased by ¥311 million year on year to ¥1,677 million.」
Revenue and profit declined mainly due to lower other operating revenue and other factors, although interest on loans increased, rather than due to lower securities-related income. The focus of the explanation of factors affecting revenue and profit has changed. - FY2020MaterialisedAnnual report
「Amid disruption in financial markets caused by the global spread of COVID-19, valuation losses on securities held increased and securities-related losses were recorded. Together with higher credit-related costs and other factors, this resulted in an increase of ¥8,150 million from the previous fiscal year to ¥33,205 million. As a result, the Group recorded an ordinary loss of ¥4,230 million.」
The risk associated with fluctuations in securities-related income materialized as valuation losses and securities-related losses caused by market disruption associated with the pandemic, resulting in an ordinary loss. - FY2020-Q3MitigatedAnnual report
「For the cumulative third quarter of the current fiscal year, the Group's ordinary revenue increased by ¥592 million year on year to ¥21,815 million, mainly due to higher securities-related income and other factors. Ordinary expenses increased by ¥53 million year on year to ¥19,098 million, mainly due to higher credit-related costs and other factors. As a result, ordinary profit increased by ¥538 million year on year to ¥2,716 million.」
Ordinary revenue increased year on year due to higher securities-related income, and ordinary profit also increased despite higher credit-related costs and other factors. The impact of lower revenue and profit caused by the decline in securities-related income has been mitigated in the current filing. - FY2020-Q2MitigatedAnnual report
「For the cumulative second quarter of the current fiscal year, the Group's ordinary revenue decreased by ¥209 million year on year to ¥14,645 million, mainly due to lower securities-related income and other factors. Ordinary expenses decreased by ¥500 million year on year to ¥12,119 million, mainly due to lower credit-related costs and other factors. As a result, ordinary profit increased by ¥291 million year on year to ¥2,526 million.」
Ordinary revenue decreased due to lower securities-related income, but ordinary profit increased as ordinary expenses declined. The decline in revenue narrowed from ¥645 million in the previous first quarter to ¥209 million. - FY2020-Q1ReframedAnnual report
「For the cumulative first quarter of the current fiscal year, the Group's ordinary revenue decreased by ¥645 million year on year to ¥7,693 million, mainly due to lower securities-related income. Ordinary expenses decreased by ¥948 million year on year to ¥5,703 million, mainly due to lower credit-related costs. As a result, ordinary profit increased by ¥302 million year on year to ¥1,989 million.」
Ordinary revenue decreased year on year due to lower securities-related income, but ordinary expenses also decreased due to lower credit-related costs and other factors, resulting in higher ordinary profit year on year. The situation shifted to one in which revenue declined while profit increased. - FY2019MitigatedAnnual report
「Ordinary revenue of the Group increased by ¥1.037 billion year on year to ¥28.675 billion, due mainly to higher securities-related revenue. Ordinary expenses increased by ¥762 million year on year to ¥25.054 billion, due mainly to higher credit-related expenses. As a result, ordinary profit increased by ¥275 million year on year to ¥3.620 billion.」
Ordinary revenue increased due to higher securities-related income, and ordinary profit also increased year on year despite higher credit-related costs. The impact of the previous fiscal year's decline in revenue and profit caused by lower securities-related income was mitigated. - FY2019-Q3ReframedAnnual report
「For the cumulative first three quarters of the current fiscal year, ordinary revenue of the Group increased by ¥519 million year on year to ¥21.222 billion, due mainly to higher securities-related revenue. Ordinary expenses increased by ¥1.389 billion year on year to ¥19.044 billion, due mainly to higher credit-related expenses. As a result, ordinary profit decreased by ¥869 million year on year to ¥2.178 billion.」
Higher securities-related revenue increased ordinary revenue, but ordinary profit decreased year on year due mainly to higher credit-related expenses. The factors affecting revenue and profit have shifted from lower securities-related revenue to a combination including higher credit-related expenses. - FY2019-Q2RestatedAnnual report
「For the cumulative second quarter of the current fiscal year, ordinary revenue of the Group increased by ¥1.295 billion year on year to ¥14.854 billion. Ordinary expenses increased by ¥840 million year on year to ¥12.620 billion. As a result, ordinary profit increased by ¥455 million year on year to ¥2.234 billion.」
The increase in ordinary revenue and ordinary profit due to higher securities-related revenue was confirmed again, following the first quarter. - FY2019-Q1MitigatedAnnual report
「For the cumulative first quarter of the current fiscal year, ordinary revenue of the Group increased by ¥1.106 billion year on year to ¥8.338 billion, due mainly to higher securities-related revenue. Ordinary expenses increased by ¥939 million year on year to ¥6.652 billion, due mainly to higher credit-related expenses. As a result, ordinary profit increased by ¥166 million year on year to ¥1.686 billion.」
Higher securities-related revenue led to a year-on-year increase in ordinary revenue, and ordinary profit also increased year on year. The results moved in the opposite direction from the declines in revenue and profit caused by lower securities-related revenue that had continued in the previous fiscal year. - FY2018Full-year declines in revenue and profit due to lower securities-related revenue continueAnnual report
「Ordinary revenue of the Group decreased by ¥1.123 billion year on year to ¥27.637 billion, due mainly to lower securities-related revenue. Ordinary expenses decreased by ¥519 million year on year to ¥24.291 billion, due mainly to lower expenses. As a result, ordinary profit decreased by ¥603 million year on year to ¥3.345 billion.」
For the full year, lower securities-related revenue and other factors resulted in declines in ordinary revenue and ordinary profit. However, the decline in profit narrowed from the previous fiscal year due to lower expenses. - FY2018-Q3MitigatedAnnual report
「For the cumulative first three quarters of the current fiscal year, ordinary revenue of the Group decreased by ¥500 million year on year to ¥20.703 billion, due mainly to lower securities-related revenue. Ordinary expenses decreased by ¥363 million year on year to ¥17.655 billion, due mainly to lower operating expenses. As a result, ordinary profit decreased by ¥136 million year on year to ¥3.047 billion.」
The declines in ordinary revenue and ordinary profit due mainly to lower securities-related revenue continued, but compared with the previous cumulative second quarter, the decline in ordinary revenue narrowed from ¥784 million to ¥500 million, and the decline in ordinary profit narrowed from ¥673 million to ¥136 million. - FY2018-Q2WorsenedAnnual report
「For the cumulative second quarter of the current fiscal year, ordinary revenue of the Group decreased by ¥784 million year on year to ¥13.558 billion, due mainly to lower securities-related revenue. Ordinary expenses decreased by ¥110 million year on year to ¥11.779 billion, due mainly to lower operating expenses. As a result, ordinary profit decreased by ¥673 million year on year to ¥1.778 billion.」
In the previous first quarter, ordinary revenue and ordinary profit increased year on year due to higher securities-related revenue. For the cumulative second quarter of the current fiscal year, however, both decreased year on year due mainly to lower securities-related revenue. - FY2018-Q1MitigatedAnnual report
「For the cumulative first quarter of the current fiscal year, ordinary revenue of the Group increased by ¥7 million year on year to ¥7.231 billion, due mainly to higher securities-related revenue. Ordinary expenses decreased by ¥205 million year on year to ¥5.712 billion, due mainly to lower credit-related expenses. As a result, ordinary profit increased by ¥212 million year on year to ¥1.519 billion.」
Securities-related revenue, which had been a factor behind declines in revenue and profit in the previous fiscal year, turned upward, and both ordinary revenue and ordinary profit increased year on year. - FY2017WorsenedAnnual report
「Ordinary revenue of the Group decreased by ¥779 million year on year to ¥28.760 billion, due mainly to lower funds investment revenue. Ordinary expenses increased by ¥261 million year on year to ¥24.811 billion, due mainly to higher other operating expenses. As a result, ordinary profit decreased by ¥1.040 billion year on year to ¥3.948 billion.」
The factors behind the decline in revenue broadened from securities-related revenue to lower funds investment revenue and other factors. For the full year, both ordinary revenue and ordinary profit decreased year on year. - FY2017-Q3ReframedAnnual report
「Under these conditions, for the cumulative first three quarters of the current fiscal year, ordinary revenue of the Group decreased by ¥649 million year on year to ¥21.203 billion, due mainly to lower funds investment revenue. Ordinary expenses decreased by ¥440 million year on year to ¥18.019 billion, due mainly to lower credit-related expenses. As a result, ordinary profit decreased by ¥209 million year on year to ¥3.184 billion.」
The stated factors behind the decline in revenue broadened from lower securities-related revenue previously to lower funds investment revenue and other factors this time. Both ordinary revenue and ordinary profit decreased year on year. - FY2017-Q2MitigatedAnnual report
「For the cumulative second quarter of the current fiscal year, ordinary revenue of the Group decreased by ¥1.029 billion year on year to ¥14.342 billion, due mainly to lower securities-related revenue. Ordinary expenses decreased by ¥1.134 billion year on year to ¥11.890 billion, due mainly to lower credit-related expenses. As a result, ordinary profit increased by ¥105 million year on year to ¥2.452 billion.」
The decline in ordinary revenue due to lower securities-related revenue continued. However, lower ordinary expenses changed the impact on ordinary profit from a year-on-year decline to an increase. - FY2017-Q1First statedAnnual report
「For the cumulative first quarter of the current fiscal year, ordinary revenue of the Group decreased by ¥725 million year on year to ¥7.224 billion, due mainly to lower securities-related revenue. Ordinary expenses decreased by ¥327 million year on year to ¥5.917 billion, due mainly to lower credit-related expenses. As a result, ordinary profit decreased by ¥398 million year on year to ¥1.307 billion.」
Lower securities-related revenue materialized as a factor behind the declines in ordinary revenue and ordinary profit.