Market Risk from Interest Rate, Price and Foreign Exchange Fluctuations
First written in FY2016. 10 of 27 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2022: 9 of 14 companies on the "Worse" side.
7 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「As of 31 March 2026, the amount of the risk was ¥15,503 million. Backtesting using VaR as of 31 March 2026 produced 7 exceptions in 243 observations, and the Bank considers there to be no problem with the model used.」
Market risk measured using VaR declined from ¥17,987 million in the previous fiscal year to ¥15,503 million. Meanwhile, the Bank recognizes that the possibility of risk materializing is high due to uncertainty in domestic and overseas financial markets and geopolitical risks. - FY2026-H1MitigatedAnnual report
「Net unrealized gains (losses) on other securities △ 1,332 3,242 Interim comprehensive income 891 5,308」
Net unrealized gains (losses) on other securities turned from a decrease of ¥1,332 million in the same period of the previous year to an increase of ¥3,242 million in the current interim period, and interim comprehensive income improved from ¥891 million to ¥5,308 million. - FY2025WorsenedAnnual report
「As of 31 March 2025, the amount of the risk was ¥17,987 million. Backtesting using VaR as of 31 March 2025 produced 6 exceptions in 244 observations, and」
Market risk measured using VaR increased from ¥12,972 million in the previous fiscal year to ¥17,987 million. Against a backdrop of uncertainty surrounding the global economy due to US tariff policy and increased market volatility, the Bank recognizes that the possibility of risk materializing is high. - FY2025-H1MaterialisedAnnual report
「Other comprehensive income 3,194 △ 1,374 Net unrealized gains (losses) on other securities 3,218 △ 1,332」
Net unrealized gains (losses) on other securities turned from an increase of ¥3,218 million in the same period of the previous year to a decrease of ¥1,332 million in the current interim period, reflecting in the results the impact of securities valuation arising from market movements. - FY2024WorsenedAnnual report
「As of 31 March 2024, the amount of the risk was ¥12,972 million. Backtesting using VaR as of 31 March 2024 produced 3 exceptions in 244 observations, and」
Market risk was ¥12,972 million, and it states that the possibility of risk materializing was high as financial-market volatility increased against a backdrop of the lifting of negative interest rates and rising share prices. - FY2024-Q3MitigatedAnnual report
「Other comprehensive income △ 5,382 3,458 Net unrealized gains (losses) on other securities △ 5,364 3,494」
Net unrealized gains (losses) on other securities turned from a decrease of ¥5,364 million in the same period of the previous year to an increase of ¥3,494 million in the cumulative third quarter of the current fiscal year, and other comprehensive income improved from a loss to income of ¥3,458 million. - FY2024-Q2MitigatedAnnual report
「Net unrealized gains (losses) on other securities △ 2,825 3,218 Interim comprehensive income △ 1,183 4,088」
Net unrealized gains (losses) on other securities turned from a decrease of ¥2,825 million in the same period of the previous year to an increase of ¥3,218 million, and interim comprehensive income improved from a loss of ¥1,183 million to ¥4,088 million. - FY2024-Q1MitigatedAnnual report
「Net unrealized gains (losses) on other securities △ 1,358 4,066 Quarterly comprehensive income △ 521 4,700」
Net unrealized gains (losses) on other securities turned from a decrease of ¥1,358 million in the same period of the previous year to an increase of ¥4,066 million in the current quarter, and quarterly comprehensive income also turned from a loss to positive ¥4,700 million. No impairment losses on securities were recorded. - FY2023-Q3MaterialisedAnnual report
「Other comprehensive income 1,216 △ 5,382 Net unrealized gains (losses) on other securities 1,219 △ 5,364 」
Net unrealized gains (losses) on other securities turned from an increase of ¥1,219 million in the same period of the previous year to a decrease of ¥5,364 million, and other comprehensive income also amounted to a loss of ¥5,382 million. The impact of securities valuation arising from market movements is reflected in the results. - FY2023-Q2MaterialisedAnnual report
「Other comprehensive income 1,090 △ 2,837 Net unrealized gains (losses) on other securities 1,092 △ 2,825」
In the current interim consolidated accounting period, net unrealized gains (losses) on other securities amounted to a loss of ¥2,825 million, while other comprehensive income also amounted to a loss of ¥2,837 million. The impact of securities valuation arising from market movements is reflected in the results. - FY2023-Q1MaterialisedAnnual report
「Net unrealized gains (losses) on other securities 645 △ 1,358 Adjustments related to retirement benefits △ 1 △ 6 Quarterly comprehensive income 1,229 △ 521」
Net unrealized gains (losses) on other securities decreased by ¥1,358 million in the current quarter, and quarterly comprehensive income turned from income of ¥1,229 million to a loss of ¥521 million. The impact of securities valuation arising from market movements is reflected in the results. - FY2022WorsenedAnnual report
「As of 31 March 2022, the amount of the risk was ¥12,604 million. Backtesting using VaR as of 31 March 2022 produced 5 exceptions in 244 observations, and」
It stated that the possibility of market risk materializing had increased against a backdrop of the situation in Ukraine, inflation and interest rate hikes in various countries. VaR-based risk increased from ¥6,060 million in the previous fiscal year to ¥12,604 million, and backtesting produced 5 exceptions in 244 observations. - FY2021MitigatedAnnual report
「As of 31 March 2021, the amount of the risk was ¥6,060 million. Backtesting using VaR as of 31 March 2021 produced 1 exception in 245 observations, and」
Market risk measured using VaR was ¥6,060 million, down from ¥7,065 million in the previous fiscal year. Backtesting exceptions also declined from 10 in 241 observations to 1 in 245 observations. - FY2020WorsenedAnnual report
「Recently, the COVID-19 pandemic has had a significant impact on various markets, including equities, bonds and foreign exchange. The Bank recognizes that the possibility of this risk materializing has been increasing, as it may be forced to recognize impairment losses on securities held.」
It explicitly identified the increased risk of market volatility and impairment of securities due to the COVID-19 pandemic. VaR-based risk was ¥7,065 million, with 10 backtesting exceptions in 241 observations. - FY2020-Q1RestatedAnnual report
「During the first three months of the current fiscal year, there were no material changes in the business and other risks of the Bank Group (the Bank and its consolidated subsidiaries) described in the annual securities report for the previous fiscal year. Nor were there any matters relating to newly arisen business and other risks.」
It states that there have been no material changes or new risks relating to market risks, including interest rates, prices and foreign exchange movements. - FY2019Update to market risk exposureAnnual report
「As of 31 March 2019, the amount of the risk was ¥4,969 million. Backtesting using VaR as of 31 March 2019 produced 6 exceptions in 244 observations, and the Bank considers there to be no problem with the model used.」
Market risk measured using VaR was disclosed as ¥4,969 million, with 6 backtesting exceptions in 244 observations. - FY2019-Q3RestatedAnnual report
「During the nine months ended 31 December, there were no material changes in the business and other risks of the Bank Group (the Bank and its consolidated subsidiaries) described in the annual securities report for the previous fiscal year. Nor were there any matters relating to newly arisen business and other risks.」
It summarizes that there have been no material changes or new risks relating to market risks, including interest rates, prices and foreign exchange movements. - FY2019-Q2RestatedAnnual report
「During the six months ended 30 September, there were no material changes in the business and other risks of the Bank Group (the Bank and its consolidated subsidiaries) described in the annual securities report for the previous fiscal year. Nor were there any matters relating to newly arisen business and other risks.」
It states that there have been no material changes or new risks relating to market risks, including interest rates, prices and foreign exchange movements. - FY2018Update to market risk exposureAnnual report
「As of 31 March 2018, the amount of the risk was ¥7,108 million. Backtesting using VaR as of 31 March 2018 produced 7 exceptions in 245 observations, and the Bank considers there to be no problem with the model used.」
Market risk measured using VaR was disclosed as ¥7,108 million, with 7 backtesting exceptions in 245 observations. - FY2018-Q3RestatedAnnual report
「During the nine months ended 31 December, there were no material changes in the business and other risks of the Bank Group described in the annual securities report for the previous fiscal year. Nor were there any matters relating to newly arisen business and other risks.」
It states that there have been no material changes or new risks relating to market risks, including interest rates, prices and foreign exchange movements. - FY2018-Q2RestatedAnnual report
「During the six months ended 30 September, there were no material changes in the business and other risks of the Bank Group (the Bank and its consolidated subsidiaries) described in the annual securities report for the previous fiscal year. Nor were there any matters relating to newly arisen business and other risks.」
It states that there have been no material changes or new risks relating to market risks, including interest rates, prices and foreign exchange movements. - FY2018-Q1RestatedAnnual report
「During the first three months of the current fiscal year, there were no material changes in the business and other risks of the Bank Group (the Bank and its consolidated subsidiaries) described in the annual securities report for the previous fiscal year. Nor were there any matters relating to newly arisen business and other risks.」
It states that there have been no material changes or new risks relating to market risks, including interest rates, prices and foreign exchange movements. - FY2017RestatedAnnual report
「As of 31 March 2017, the amount of the risk was ¥10,236 million. Backtesting using VaR as of 31 March 2017 produced 4 exceptions in 245 observations, and the Bank considers there to be no problem with the model used.」
The Bank continues to manage market risk using VaR, backtesting and BPV, among other measures, and discloses specific risk amounts and validation results. - FY2017-Q3RestatedAnnual report
「During the nine months ended 31 December, there were no material changes in the business and other risks of the Bank Group described in the annual securities report for the previous fiscal year. Nor were there any matters relating to newly arisen business and other risks.」
It summarizes that there have been no material changes or new risks relating to market risks, including interest rates, prices and foreign exchange movements. - FY2017-Q2RestatedAnnual report
「During the six months ended 30 September, there were no material changes in the business and other risks of the Bank Group (the Bank and its consolidated subsidiaries) described in the annual securities report for the previous fiscal year. Nor were there any matters relating to newly arisen business and other risks.」
It summarizes that there have been no material changes or new risks relating to market risks, including interest rates, prices and foreign exchange movements. - FY2017-Q1RestatedAnnual report
「During the first three months of the current fiscal year, there were no material changes in the business and other risks of the Bank Group (the Bank and its consolidated subsidiaries) described in the annual securities report for the previous fiscal year. Nor were there any matters relating to newly arisen business and other risks.」
It summarizes that there have been no material changes or new risks relating to market risks, including interest rates, prices and foreign exchange movements. - FY2016First statedAnnual report
「For management of its main market risks, namely interest rate risk, price fluctuation risk and foreign exchange risk, the Bank's Risk Management Department measures VaR using domestic and overseas interest rates, share prices and foreign exchange rates, among other factors, as risk factors, in accordance with its Risk Management Regulations. It also regularly conducts earnings simulations based on analysis of the structure of yen-denominated investments and funding, measures interest rate sensitivity using BPV, and seeks to assess the amount of risk from multiple perspectives.」
Market risk is measured and assessed using VaR, earnings simulations and BPV.