Market, Position and Counterparty Risk in Proprietary Trading
First written in FY2023-Q2. 2 of 3 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2022: 7 of 11 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the current interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
自己勘定トレーディングの市場・ポジション・取引先リスクについて、新たな発生や重要な変更がないと記載している。 - FY2025-H1RestatedAnnual report
「During the current interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
自己勘定トレーディングの市場・ポジション・取引先リスクについて、新たな発生や重要な変更がないと記載している。 - FY2023-Q2First statedAnnual report
「The Group conducts proprietary trading in securities, foreign exchange and other instruments. These activities carry the risk of losses if market conditions or customer demand produce unfavorable developments, trading activity declines or the fair value of held positions changes.」
Independently identifies market conditions, customer demand, fair-value movements, ineffective hedges, delayed position disposal, counterparty default and issuer credit deterioration as proprietary-trading risks.