Domestic and Overseas Bonds: Interest Rate and Credit Risk
First written in FY2016. 11 of 22 entries say "Materialised", first in FY2019-Q2. Latest entry: 2026-08-03.
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- 2026-08-03WorsenedEarnings
「Other operating profit △ 3,857 △ 3,016 △ 841 11 of which: Gains (losses) on bonds, including government bonds △ 4,864 △ 3,962 △ 902」
The deficit in gains (losses) on bonds, including government bonds, expanded from ¥920 million in the prior-year period to ¥4.864 billion, indicating a deterioration in bond-related losses. - FY2026Decline in losses on sales of securities and recognition of impairment lossesAnnual report
「During the fiscal year, proceeds from sales of other securities were ¥244,566 million, total gains on sales were ¥7,037 million, and total losses on sales were ¥9,185 million.」
Losses on sales of securities decreased from ¥12,570 million in the previous fiscal year to ¥9,185 million, while an impairment loss of ¥1,501 million was recognized on securities. - 2026-05-14MitigatedEarnings
「Gains (losses) on bonds, including government bonds △ 7,073 4,325 △ 11,398」
The deficit in gains (losses) on bonds, including government bonds, narrowed from the previous fiscal year. - FY2026-H1MaterialisedAnnual report
「The impairment loss recognized during the interim consolidated accounting period was ¥779 million, comprising ¥766 million on equities and ¥12 million on corporate bonds.」
Impairment losses were actually recognized on held securities, comprising ¥766 million on equities and ¥12 million on corporate bonds. - FY2025WorsenedAnnual report
「During the fiscal year, proceeds from sales of other securities were ¥167,021 million, total gains on sales were ¥3,576 million, and total losses on sales were ¥12,570 million.」
Losses on sales of securities totaled ¥12,570 million. Although interest-rate risk VaR decreased, losses related to market investments, including losses on sales of bonds, were stated. - FY2025-H1MaterialisedAnnual report
「Consolidated ordinary expenses increased by ¥4,618 million from the previous interim consolidated accounting period to ¥35,375 million, mainly because losses on sales of government bonds and other bonds, operating expenses and credit costs increased.」
The increase in losses on sales of government bonds and other bonds was stated as a factor behind the increase in consolidated ordinary expenses, and losses related to changes in bond interest rates and prices were incurred. - FY2024-Q3MitigatedAnnual report
「Consolidated ordinary expenses increased by ¥3,227 million from the same period of the previous fiscal year to ¥46,198 million, as funding costs and operating expenses increased, despite a decrease in losses on sales of government bonds and other bonds.」
Losses on sales of government bonds and other bonds decreased from the same period of the previous year, improving losses related to changes in bond prices. However, overall consolidated ordinary expenses increased because of higher funding costs and operating expenses. - FY2024-Q2MitigatedAnnual report
「Consolidated ordinary expenses increased by ¥1,088 million from the same period of the previous fiscal year to ¥30,757 million, as funding costs and operating expenses increased, despite a decrease in losses on sales of government bonds and other bonds.」
Losses on sales of government bonds and other bonds decreased from the same period of the previous year, improving expenses related to changes in bond prices. - FY2024-Q1MitigatedAnnual report
「Consolidated ordinary expenses decreased by ¥1,117 million from the same period of the previous fiscal year to ¥14,879 million, mainly because losses on sales of government bonds and other bonds declined.」
The decrease in losses on sales of government bonds and other bonds contributed to the decrease in consolidated ordinary expenses, and losses related to changes in bond prices improved from the same period of the previous year. - FY2023WorsenedAnnual report
「During the fiscal year, proceeds from sales of other securities were ¥399,771 million, total gains on sales were ¥7,129 million, and total losses on sales were ¥28,536 million.」
Losses on sales of securities reached ¥28,536 million, resulting in substantial realized losses related to bond and market investments. - FY2023-Q3MaterialisedAnnual report
「Consolidated ordinary expenses increased by ¥3,263 million from the same period of the previous fiscal year to ¥42,971 million, as interest expenses on bond lending transactions and losses on sales of government bonds and other bonds increased, despite decreases in operating expenses and losses on sales of equities and other securities.」
The increase in losses on sales of government bonds and other bonds related to changes in bond interest rates and prices was actually incurred as a factor behind the increase in consolidated ordinary expenses. - FY2023-Q2MaterialisedAnnual report
「Consolidated ordinary expenses increased by ¥1,387 million from the same period of the previous fiscal year to ¥29,669 million, as funding costs and losses on sales of government bonds and other bonds increased, despite decreases in operating expenses and losses on sales of equities and other securities.」
The increase in losses on sales of government bonds and other bonds was stated as a factor behind the increase in consolidated ordinary expenses, and losses related to changes in bond interest rates and prices were actually incurred. - FY2023-Q1MaterialisedAnnual report
「Consolidated ordinary expenses increased by ¥1,824 million from the same period of the previous fiscal year to ¥15,996 million, as losses on sales of government bonds and other bonds increased, despite decreases in operating expenses and losses on sales of equities and other securities.」
The increase in losses on sales of government bonds and other bonds was stated as an actual expense increase factor in relation to risks associated with domestic and overseas bonds. - FY2022-Q2MaterialisedAnnual report
「The impairment loss recognized during the interim consolidated accounting period was ¥1,469 million, all of which was classified as other.」
An impairment loss of ¥1,469 million was actually recognized on held securities during the interim period. - FY2022-Q1MaterialisedAnnual report
「Consolidated ordinary expenses decreased by ¥836 million from the same period of the previous fiscal year to ¥14,172 million, as operating expenses and losses on sales of equities and other securities declined and the specific allowance for doubtful accounts was reversed, despite an increase in losses on sales of government bonds and other bonds.」
The increase in losses on sales of government bonds and other bonds was actually stated as an expense factor for the quarter in relation to risks associated with domestic and overseas bonds and other securities. - FY2021MaterialisedAnnual report
「The impairment loss recognized during the fiscal year was ¥7 million, all of which related to equities.」
An impairment loss of ¥7 million on equities was actually recognized among held securities. - FY2020-Q2MitigatedAnnual report
「No impairment losses were recognized during the interim consolidated accounting period.」
No impairment loss was recognized on securities during the interim consolidated accounting period. - FY2019MaterialisedAnnual report
「The impairment loss recognized during the fiscal year was ¥106 million, comprising ¥101 million on equities and ¥5 million on corporate bonds.」
Impairment losses were actually recognized on held securities, comprising ¥101 million on equities and ¥5 million on corporate bonds. - FY2019-Q3MaterialisedAnnual report
「Consolidated ordinary expenses increased by ¥2,587 million from the same period of the previous fiscal year to ¥43,390 million, as losses on sales of government bonds and other bonds increased, despite a decrease in operating expenses resulting from thorough cost-cutting efforts and other measures.」
The increase in losses on sales of government bonds and other bonds was stated as an actual expense increase factor in relation to risks associated with domestic and overseas bonds. - FY2019-Q2MaterialisedAnnual report
「The impairment loss recognized during the interim consolidated accounting period was ¥17 million, all of which related to corporate bonds.」
An impairment loss of ¥17 million on corporate bonds was actually recognized during the interim consolidated accounting period in relation to risks associated with the credit status of bonds and other factors. - FY2018RestatedAnnual report
「Investments are concentrated mainly in instruments with low credit risk, including domestic and foreign government bonds. Bond prices are affected by domestic and overseas market interest rates and the creditworthiness of issuers.」
The investment policy was reiterated, focusing on interest-rate and credit risks associated with domestic and overseas bonds and on securities with low credit risk. - FY2016First statedAnnual report
「The Bank holds significant amounts of domestic and foreign bonds. Bond prices are affected by domestic and overseas market interest rates and the creditworthiness of issuers. Although the Bank seeks to control these risks by limiting its exposure and conducting hedging transactions, unexpected increases in interest rates or deterioration in the creditworthiness of issuers could result in losses from price fluctuations and other factors.」
It describes the interest-rate and credit exposures associated with bond holdings and their management through hedging and other measures.