Funding-Cost and Liquidity Risks from a Credit-Rating Downgrade
First written in FY2020. 2 of 3 entries say "Restated". Latest entry: FY2024.
29 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「A ratings downgrade may occur if rating agencies revise their assessments of Japanese government bonds, Japan's financial system or the Bank's credit standing.」
Continues to disclose the risks of higher funding costs, outflows of funds and difficulty in obtaining new financing due to a ratings downgrade. - FY2021RestatedAnnual report
「A ratings downgrade may occur if rating agencies revise their assessments of Japanese government bonds, Japan's financial system or the Bank's credit standing. This could affect the Bank's operations, results and financial position through higher capital and funding costs, outflows of funds and difficulty in obtaining new financing.」
Continues to disclose the risks of higher funding costs, outflows of funds and difficulty in obtaining new financing due to a ratings downgrade. - FY2020First statedAnnual report
「A ratings downgrade may occur if rating agencies revise their assessments of Japanese government bonds, Japan's financial system or the Bank's credit standing. This could affect the Bank's operations, results and financial position through higher capital and funding costs, outflows of funds and difficulty in obtaining new financing.」
For the first time, separately identified the risks of higher capital and funding costs, outflows of funds and difficulty in obtaining new financing due to a downgrade in the issuer rating.