Business risks arising from a worsening earnings environment and declining operational efficiency
First written in FY2017-Q2. 12 of 14 entries say "Restated". Latest entry: FY2022-Q3.
No other company in this theme has enough history to compare yet.
- FY2022-Q3RestatedAnnual report
「The Company manages strategic risk and other risks, including the risk that earnings may no longer cover costs because of a deterioration in the earnings environment or a decline in the efficiency or effectiveness of business operations.」
The definition and management of strategic risk corresponding to the former business risk continue to be maintained. - FY2022-Q2RestatedAnnual report
「The Company manages strategic risk and other risks, including the risk that earnings may no longer cover costs because of a deterioration in the earnings environment or a decline in the efficiency or effectiveness of business operations.」
The definition and management of strategic risk corresponding to the former business risk continue to be maintained. - FY2021-Q3RestatedAnnual report
「The Company manages strategic risk and other risks, including the risk that earnings may no longer cover costs because of a deterioration in the earnings environment or a decline in the efficiency or effectiveness of business operations.」
The definition and management of strategic risk corresponding to the former business risk continue to be maintained. - FY2021-Q2RestatedAnnual report
「The Company manages strategic risk and other risks, including the risk that earnings may no longer cover costs because of a deterioration in the earnings environment or a decline in the efficiency or effectiveness of business operations.」
The definition and management of strategic risk corresponding to the former business risk continue to be maintained. - FY2021-Q1ReframedAnnual report
「The Company manages strategic risk and other risks, including the risk that earnings may no longer cover costs because of a deterioration in the earnings environment or a decline in the efficiency or effectiveness of business operations.」
The content corresponding to the former business risk is classified as strategic risk in the current disclosure. - FY2020-Q2RestatedAnnual report
「The Company defines as a risk business risk, whereby earnings may no longer cover costs because of a deterioration in the earnings environment or a decline in the efficiency or effectiveness of business operations.」
The risk classification, including business risk, and the definition of the possibility that earnings may no longer cover costs continue to be maintained. - FY2020-Q1RestatedAnnual report
「The Company defines as a risk business risk, whereby earnings may no longer cover costs because of a deterioration in the earnings environment or a decline in the efficiency or effectiveness of business operations.」
The risk classification, including business risk, and the definition of the possibility that earnings may no longer cover costs continue to be maintained. - FY2019-Q3RestatedAnnual report
「Nomura defines as risks the possibility that the Group's capital may be impaired by unexpected losses arising from business operations, including market risk, credit risk, operational risk and model risk; funding liquidity risk, under which a decline in the firm's creditworthiness or deterioration in market conditions could make it impossible to raise funds smoothly; and business risk, under which deteriorating earnings conditions or declining operational efficiency or effectiveness could cause earnings to fall short of costs.」
The risk classification, including business risk whereby earnings may no longer cover expenses, continues to be maintained. - FY2019-Q1RestatedAnnual report
「The Company defines as a risk business risk, whereby earnings may no longer cover costs because of a deterioration in the earnings environment or a decline in the efficiency or effectiveness of business operations.」
The risk classification, including business risk, and the definition of the possibility that earnings may no longer cover costs continue to be maintained. - FY2018-Q3RestatedAnnual report
「Nomura defines as risks the possibility that the Group's capital may be impaired by unexpected losses arising from business operations, including market risk, credit risk, operational risk and model risk; funding liquidity risk, whereby a decline in the Company's creditworthiness or deterioration in market conditions prevents it from obtaining funding smoothly; and business risk, whereby earnings may no longer cover costs because of a deterioration in the earnings environment or a decline in the efficiency or effectiveness of business operations.」
The risk classification, including business risk, and the definition of the possibility that earnings may no longer cover costs continue to be maintained. - FY2018-Q2RestatedAnnual report
「Nomura defines as risks the possibility that the Group's capital may be impaired by unexpected losses arising from business operations, including market risk, credit risk, operational risk and model risk; funding liquidity risk, whereby a decline in the Company's creditworthiness or deterioration in market conditions prevents it from obtaining funding smoothly; and business risk, whereby earnings may no longer cover costs because of a deterioration in the earnings environment or a decline in the efficiency or effectiveness of business operations.」
The risk classification, including business risk, and the definition of the possibility that earnings may no longer cover costs continue to be maintained. - FY2018-Q1RestatedAnnual report
「Nomura defines as risks the possibility that the Group's capital may be impaired by unexpected losses arising from business operations, including market risk, credit risk, operational risk and model risk; funding liquidity risk, whereby a decline in the Company's creditworthiness or deterioration in market conditions prevents it from obtaining funding smoothly; and business risk, whereby earnings may no longer cover costs because of a deterioration in the earnings environment or a decline in the efficiency or effectiveness of business operations.」
The risk classification, including business risk, and the definition of the possibility that earnings may no longer cover costs continue to be maintained. - FY2017-Q3RestatedAnnual report
「Nomura defines as risks the possibility that the Group's capital may be impaired by unexpected losses arising from business operations, including market risk, credit risk, operational risk and model risk; funding liquidity risk, whereby a decline in the Company's creditworthiness or deterioration in market conditions prevents it from obtaining funding smoothly; and business risk, whereby earnings may no longer cover costs because of a deterioration in the earnings environment or a decline in the efficiency or effectiveness of business operations.」
The risk classification, including business risk, and the definition of the possibility that earnings may no longer cover costs continue to be maintained. - FY2017-Q2First statedAnnual report
「Nomura defines as risks the possibility that the Group's capital may be impaired by unexpected losses arising from business operations, including market risk, credit risk, operational risk and model risk; funding liquidity risk, whereby a decline in the Company's creditworthiness or deterioration in market conditions prevents it from obtaining funding smoothly; and business risk, whereby earnings may no longer cover costs because of a deterioration in the earnings environment or a decline in the efficiency or effectiveness of business operations.」
The risk that earnings may no longer cover expenses was explicitly defined as business risk.