Management of Market Risk, Credit Risk and Operational Errors
First written in FY2016. 34 of 35 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026RestatedAnnual report
「As a gatekeeper for the financial and capital markets, we actively participate in market transactions and are working to further enhance our proprietary trading capabilities by thoroughly strengthening our risk management framework in the process. Risk management is one of the essential functions of a financial instruments business and is positioned as a top priority that also affects financial soundness and profitability. With the strong commitment of management, we are working to establish and improve a comprehensive risk management framework.」
The company continues to position risk management as its top priority and demonstrate its commitment to establishing and improving its framework under the commitment of management. - FY2025RestatedAnnual report
「As a gatekeeper for the financial and capital markets, we actively participate in market transactions and are working to further enhance our proprietary trading capabilities by thoroughly strengthening our risk management framework in the process. Risk management is one of the essential functions of a financial instruments business and is positioned as a top priority that also affects financial soundness and profitability. With the strong commitment of management, we are working to establish and improve a comprehensive risk management framework.」
The company continues to position risk management as its top priority and demonstrate its commitment to establishing and improving its framework and enhancing proprietary trading capabilities under the commitment of management. - FY2025-H1RestatedAnnual report
「Under our market risk management procedures, we set position limits and stop-loss rules for each product and monitor compliance with them. An independent control group separate from the trading group manages the valuation of positions, profits and losses, and risk amounts on a daily basis so that management can monitor them. Counterparty risk is managed appropriately as well. Based on assessments of counterparties' credit standing, we set transaction limits and, as part of our daily control framework, assess collateral and monitor the valuation gains and losses on individual transactions.」
The company continues to maintain position limits, stop-loss rules, daily market risk management by an independent control group, and management measures including counterparty limits and collateral assessments. - FY2024-Q3RestatedAnnual report
「Under our market risk management procedures, we set position limits and stop-loss rules for each product and monitor compliance with them. An independent control group separate from the trading group manages the valuation of positions, profits and losses, and risk amounts on a daily basis so that management can monitor them. Counterparty risk is managed appropriately as well. Based on assessments of counterparties' credit standing, we set transaction limits and, as part of our daily control framework, assess collateral and monitor the valuation gains and losses on individual transactions.」
The company continues to maintain risk management measures including product-specific position limits and stop-loss rules, daily management by an independent control group, counterparty limits and collateral assessments. - FY2024-Q2RestatedAnnual report
「Under our market risk management procedures, we set position limits and stop-loss rules for each product and monitor compliance with them. An independent control group separate from the trading group manages the valuation of positions, profits and losses, and risk amounts on a daily basis so that management can monitor them. Counterparty risk is managed appropriately as well. Based on assessments of counterparties' credit standing, we set transaction limits and, as part of our daily control framework, assess collateral and monitor the valuation gains and losses on individual transactions.」
The company continues to maintain risk management measures including product-specific position limits and stop-loss rules, daily management by an independent control group, counterparty limits and collateral assessments. - FY2024-Q1RestatedAnnual report
「Under our market risk management procedures, we set position limits and stop-loss rules for each product and monitor compliance with them. An independent control group separate from the trading group manages the valuation of positions, profits and losses, and risk amounts on a daily basis so that management can monitor them. Counterparty risk is managed appropriately as well. Based on assessments of counterparties' credit standing, we set transaction limits and, as part of our daily control framework, assess collateral and monitor the valuation gains and losses on individual transactions. Compliance with these limits and rules is reported to management as appropriate.」
The company continues to maintain product-specific position limits, stop-loss rules, daily management by an independent control group, counterparty limits, collateral assessments and reporting to management. - FY2023-Q3RestatedAnnual report
「Under our market risk management procedures, we set position limits and stop-loss rules for each product and monitor compliance with them. An independent control group separate from the trading group manages the valuation of positions, profits and losses, and risk amounts on a daily basis so that management can monitor them. Counterparty risk is managed appropriately as well. Based on assessments of counterparties' credit standing, we set transaction limits and, as part of our daily control framework, assess collateral and monitor the valuation gains and losses on individual transactions. Compliance with these limits and rules is reported to management as appropriate.」
The company continues to maintain product-specific position limits and stop-loss rules, daily management by an independent control group, counterparty limits, collateral assessments and reporting to management. - FY2023-Q2RestatedAnnual report
「Under our market risk management procedures, we set position limits and stop-loss rules for each product and monitor compliance with them. An independent control group separate from the trading group manages the valuation of positions, profits and losses, and risk amounts on a daily basis so that management can monitor them. Counterparty risk is managed appropriately as well. Based on assessments of counterparties' credit standing, we set transaction limits and, as part of our daily control framework, assess collateral and monitor the valuation gains and losses on individual transactions. Compliance with these limits and rules is reported to management as appropriate. For derivatives, transaction limits are set based on the credit equivalent amount, comprising the cost of replacing the transaction (replacement cost) plus the expected future increase in that cost. We also enter into netting agreements and require collateral where necessary to mitigate credit risk.」
The company continues to maintain position limits, stop-loss rules, daily management by an independent control group, counterparty limits, collateral assessments, netting agreements and collateral requirements. - FY2023-Q1RestatedAnnual report
「Under our market risk management procedures, we set position limits and stop-loss rules for each product and monitor compliance with them. An independent control group separate from the trading group manages the valuation of positions, profits and losses, and risk amounts on a daily basis so that management can monitor them.」
The company continues to maintain product-specific position limits and stop-loss rules, as well as daily management of valuations, profits and losses, and risk amounts by an independent control group. - FY2022RestatedAnnual report
「As a gatekeeper for the financial and capital markets, we actively participate in market transactions and are working to further enhance our proprietary trading capabilities by thoroughly strengthening our risk management framework in the process. Risk management is one of the essential functions of a financial instruments business and is positioned as a top priority that also affects financial soundness and profitability. With the strong commitment of management, we are working to establish and improve a comprehensive risk management framework.」
The company continues to position risk management as its top priority and demonstrate its commitment to establishing and improving its framework and enhancing proprietary trading capabilities under the commitment of management. - FY2022-Q3RestatedAnnual report
「Under our market risk management procedures, we set position limits and stop-loss rules for each product and monitor compliance with them. An independent control group separate from the trading group manages the valuation of positions, profits and losses, and risk amounts on a daily basis so that management can monitor them. Counterparty risk is managed appropriately as well. Based on assessments of counterparties' credit standing, we set transaction limits and, as part of our daily control framework, assess collateral and monitor the valuation gains and losses on individual transactions.」
The company continues to maintain risk management measures including product-specific position limits and stop-loss rules, daily management by an independent control group, counterparty limits and collateral assessments. - FY2022-Q2RestatedAnnual report
「Under our market risk management procedures, we set position limits and stop-loss rules for each product and monitor compliance with them. An independent control group separate from the trading group manages the valuation of positions, profits and losses, and risk amounts on a daily basis so that management can monitor them. Counterparty risk is managed appropriately as well. Based on assessments of counterparties' credit standing, we set transaction limits and, as part of our daily control framework, assess collateral and monitor the valuation gains and losses on individual transactions.」
The company continues to maintain management measures including product-specific position limits and stop-loss rules, daily management of valuations, profits and losses, and risk amounts by an independent control group, as well as counterparty limits and collateral assessments. - FY2022-Q1RestatedAnnual report
「Under our market risk management procedures, we set position limits and stop-loss rules for each product and monitor compliance with them. An independent control group separate from the trading group manages the valuation of positions, profits and losses, and risk amounts on a daily basis so that management can monitor them. Counterparty risk is managed appropriately as well. Based on assessments of counterparties' credit standing, we set transaction limits and, as part of our daily control framework, assess collateral and monitor the valuation gains and losses on individual transactions.」
The company continues to maintain management measures including product-specific position limits and stop-loss rules, daily management of valuations, profits and losses, and risk amounts by an independent control group, as well as counterparty limits and collateral assessments. - FY2021RestatedAnnual report
「Risk management is one of the essential functions of a financial instruments business and is positioned as a top priority that also affects financial soundness and profitability. With the strong commitment of management, we are working to establish and improve a comprehensive risk management framework.」
The company continues to position risk management as its top priority and demonstrate its commitment to establishing and improving its framework under the commitment of management. - FY2021-Q3RestatedAnnual report
「Under our market risk management procedures, we set position limits and stop-loss rules for each product and monitor compliance with them. An independent control group separate from the trading group manages the valuation of positions, profits and losses, and risk amounts on a daily basis so that management can monitor them. Counterparty risk is managed appropriately as well. Based on assessments of counterparties' credit standing, we set transaction limits and, as part of our daily control framework, assess collateral and monitor the valuation gains and losses on individual transactions. Compliance with these limits and rules is reported to management as appropriate. For derivatives, transaction limits are set based on the credit equivalent amount, comprising the cost of replacing the transaction (replacement cost) plus the expected future increase in that cost. We also enter into netting agreements and require collateral where necessary to mitigate credit risk.」
The company continues to maintain product-specific position limits, stop-loss rules, daily management by an independent control group, counterparty limits, collateral assessments, netting agreements and collateral requirements. No new control systems or achieved milestones are indicated. - FY2021-Q2RestatedAnnual report
「Under our market risk management procedures, we set position limits and stop-loss rules for each product and monitor compliance with them. An independent control group separate from the trading group manages the valuation of positions, profits and losses, and risk amounts on a daily basis so that management can monitor them.」
The company continues to maintain product-specific position limits, stop-loss rules and daily risk management by an independent control group. No new control systems or achieved milestones are indicated. - FY2021-Q1RestatedAnnual report
「Under our market risk management procedures, we set position limits and stop-loss rules for each product and monitor compliance with them. An independent control group separate from the trading group manages the valuation of positions, profits and losses, and risk amounts on a daily basis so that management can monitor them.」
The company continues to maintain product-specific position limits, stop-loss rules and daily risk management by an independent control group. - FY2020-Q3RestatedAnnual report
「Under our market risk management procedures, we set position limits and stop-loss rules for each product and monitor compliance with them. An independent control group separate from the trading group manages the valuation of positions, profits and losses, and risk amounts on a daily basis so that management can monitor them. Counterparty risk is managed appropriately as well. Based on assessments of counterparties' credit standing, we set transaction limits and, as part of our daily control framework, assess collateral and monitor the valuation gains and losses on individual transactions. Compliance with these limits and rules is reported to management as appropriate.」
The company continues to maintain product-specific position limits, stop-loss rules, daily management by an independent control group, counterparty limits, collateral assessments and reporting to management. No new control systems or achieved milestones are indicated. - FY2020-Q2RestatedAnnual report
「Under our market risk management procedures, we set position limits and stop-loss rules for each product and monitor compliance with them. An independent control group separate from the trading group manages the valuation of positions, profits and losses, and risk amounts on a daily basis so that management can monitor them. Counterparty risk is managed appropriately as well. Based on assessments of counterparties' credit standing, we set transaction limits and, as part of our daily control framework, assess collateral and monitor the valuation gains and losses on individual transactions. Compliance with these limits and rules is reported to management as appropriate. For derivatives, transaction limits are set based on the credit equivalent amount, comprising the cost of replacing the transaction (replacement cost) plus the expected future increase in that cost. We also enter into netting agreements and require collateral where necessary to mitigate credit risk.」
The company continues to maintain product-specific position limits, stop-loss rules, daily management by an independent control group, counterparty limits, collateral assessments, netting agreements and collateral requirements. No new control systems or achieved milestones are indicated. - FY2020-Q1RestatedAnnual report
「Under our market risk management procedures, we set position limits and stop-loss rules for each product and monitor compliance with them. An independent control group separate from the trading group manages the valuation of positions, profits and losses, and risk amounts on a daily basis so that management can monitor them. Counterparty risk is managed appropriately as well. Based on assessments of counterparties' credit standing, we set transaction limits and, as part of our daily control framework, assess collateral and monitor the valuation gains and losses on individual transactions.」
The company continues to maintain risk management measures including product-specific position limits, stop-loss rules, daily management by an independent control group, counterparty limits and collateral assessments. No introduction of new control systems is indicated. - FY2019RestatedAnnual report
「As a gatekeeper for the financial and capital markets, we actively participate in market transactions and are working to further enhance our proprietary trading capabilities by thoroughly strengthening our risk management framework in the process. Risk management is one of the essential functions of a financial instruments business and is positioned as a top priority that also affects financial soundness and profitability. With the strong commitment of management, we are working to establish and improve a comprehensive risk management framework.」
The company positions risk management as its top priority and demonstrates its commitment to establishing and improving its framework and enhancing proprietary trading capabilities under the commitment of management. No specific new systems or achieved milestones are described. - FY2019-Q3RestatedAnnual report
「Under our market risk management procedures, we set position limits and stop-loss rules for each product and monitor compliance with them. An independent control group separate from the trading group manages the valuation of positions, profits and losses, and risk amounts on a daily basis so that management can monitor them. Counterparty risk is managed appropriately as well. Based on assessments of counterparties' credit standing, we set transaction limits and, as part of our daily control framework, assess collateral and monitor the valuation gains and losses on individual transactions.」
The company continues to maintain risk management measures including product-specific position limits, stop-loss rules, daily management by an independent control group, counterparty limits and collateral assessments. No introduction of new control systems is indicated. - FY2019-Q2RestatedAnnual report
「Under our market risk management procedures, we set position limits and stop-loss rules for each product and monitor compliance with them. An independent control group separate from the trading group manages the valuation of positions, profits and losses, and risk amounts on a daily basis so that management can monitor them. Counterparty risk is managed appropriately as well. Based on assessments of counterparties' credit standing, we set transaction limits and, as part of our daily control framework, assess collateral and monitor the valuation gains and losses on individual transactions.」
The company continues to maintain risk management measures including product-specific position limits, stop-loss rules, daily management by an independent control group, counterparty limits and collateral assessments. No introduction of new control systems is indicated. - FY2019-Q1RestatedAnnual report
「Under our market risk management procedures, we set position limits and stop-loss rules for each product and monitor compliance with them. An independent control group separate from the trading group manages the valuation of positions, profits and losses, and risk amounts on a daily basis so that management can monitor them. Counterparty risk is managed appropriately as well. Based on assessments of counterparties' credit standing, we set transaction limits and, as part of our daily control framework, assess collateral and monitor the valuation gains and losses on individual transactions. Compliance with these limits and rules is reported to management as appropriate. For derivatives, transaction limits are set based on the credit equivalent amount, comprising the cost of replacing the transaction (replacement cost) plus the expected future increase in that cost. We also enter into netting agreements and require collateral where necessary to mitigate credit risk.」
The company continues to maintain position limits, stop-loss rules, daily management by an independent control group, transaction limits, collateral assessments, netting agreements and collateral requirements. No introduction of new control systems is indicated. - FY2018RestatedAnnual report
「For market risk, department managers monitor trading profits and losses, and rules have also been established governing authority limits for trading products and positions. Rules have likewise been established for the credit risk of financial instruments and counterparties, which is managed rigorously. We also make timely improvements to operating manuals and processes to minimise losses caused by errors.」
The company continues to manage risk through profit and loss monitoring, rules governing authority limits for trading products and positions, credit risk rules, and improvements to operating manuals and processes. - FY2018-Q3RestatedAnnual report
「Under our market risk management procedures, we set position limits and stop-loss rules for each product and monitor compliance with them. An independent control group separate from the trading group manages the valuation of positions, profits and losses, and risk amounts on a daily basis so that management can monitor them.」
The company continues to maintain product-specific position limits, stop-loss rules and daily management by a control group independent of the trading department. No new control systems or achieved milestones are indicated. - FY2018-Q2RestatedAnnual report
「Under our market risk management procedures, we set position limits and stop-loss rules for each product and monitor compliance with them. An independent control group separate from the trading group manages the valuation of positions, profits and losses, and risk amounts on a daily basis so that management can monitor them.」
The company continues to maintain product-specific position limits, stop-loss rules and daily management by an independent control group. No new control systems or achieved milestones are described. - FY2018-Q1RestatedAnnual report
「Under our market risk management procedures, we set position limits and stop-loss rules for each product and monitor compliance with them. An independent control group separate from the trading group manages the valuation of positions, profits and losses, and risk amounts on a daily basis so that management can monitor them.」
The company continues to maintain position limits, stop-loss rules and daily management by an independent control group. No new control systems or achieved milestones are described. - FY2017RestatedAnnual report
「For market risk, department managers monitor trading profits and losses, and rules have also been established governing authority limits for trading products and positions. Rules have likewise been established for the credit risk of financial instruments and counterparties, which is managed rigorously. We also make timely improvements to operating manuals and processes to minimise losses caused by errors.」
The company continues to manage risk through profit and loss monitoring, rules governing authority limits for trading products and positions, credit risk rules, and improvements to operating manuals and processes. - FY2017-Q3RestatedAnnual report
「Under our market risk management procedures, we set position limits and stop-loss rules for each product and monitor compliance with them. An independent control group separate from the trading group manages the valuation of positions, profits and losses, and risk amounts on a daily basis so that management can monitor them. Counterparty risk is managed appropriately as well. Based on assessments of counterparties' credit standing, we set transaction limits and, as part of our daily control framework, assess collateral and monitor the valuation gains and losses on individual transactions. Compliance with these limits and rules is reported to management as appropriate. For derivatives, transaction limits are set based on the credit equivalent amount, comprising the cost of replacing the transaction (replacement cost) plus the expected future increase in that cost. We also enter into netting agreements and require collateral where necessary to mitigate credit risk.」
The company continues to maintain management measures including position limits, stop-loss rules, daily management by an independent control group, transaction limits and collateral assessments. For derivatives, limits based on replacement costs, netting agreements and collateral requirements are also described, but these do not represent newly achieved milestones. - FY2017-Q2RestatedAnnual report
「Under our market risk management procedures, we set position limits and stop-loss rules for each product and monitor compliance with them. An independent control group separate from the trading group manages the valuation of positions, profits and losses, and risk amounts on a daily basis so that management can monitor them. Counterparty risk is managed appropriately as well. Based on assessments of counterparties' credit standing, we set transaction limits and, as part of our daily control framework, assess collateral and monitor the valuation gains and losses on individual transactions.」
The company continues to maintain management measures including position limits, stop-loss rules, daily monitoring of valuations, profits and losses, and risk amounts by an independent control group, as well as counterparty limits and collateral assessments. - FY2017-Q1RestatedAnnual report
「Under our market risk management procedures, we set position limits and stop-loss rules for each product and monitor compliance with them. An independent control group separate from the trading group manages the valuation of positions, profits and losses, and risk amounts on a daily basis so that management can monitor them. Counterparty risk is managed appropriately as well. Based on assessments of counterparties' credit standing, we set transaction limits and, as part of our daily control framework, assess collateral and monitor the valuation gains and losses on individual transactions. Compliance with these limits and rules is reported to management as appropriate.」
The company continues to demonstrate management measures including position limits, stop-loss rules, daily monitoring of valuations, profits and losses, and risk amounts by an independent control group, as well as transaction limits and collateral assessments. - FY2016First statedAnnual report
「For market risk, department managers monitor trading profits and losses, and rules have also been established governing authority limits for trading products and positions. Rules have likewise been established for the credit risk of financial instruments and counterparties, which is managed rigorously.」
The company identifies profit and loss monitoring, rules governing authority limits for trading products and positions, credit risk rules, and improvements to operating manuals and processes as specific risk management measures.