Risk of uncollectibility due to counterparty default
First written in FY2016. 3 of 6 entries say "Restated". Latest entry: FY2024.
2 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The company considers the likelihood of this risk materialising to be low. The monetary receivables relating to customers' purchase orders are backed by the corresponding securities held in safekeeping, while the monetary receivables relating to margin transactions are backed by a certain level of collateral.」
The likelihood of counterparty risk materialising was assessed as low. The company continues to maintain measures including the safekeeping of securities, collateral for margin transactions, and protection of settlement deposits. - FY2021MitigatedAnnual report
「The monetary receivables relating to customers' purchase orders are backed by the corresponding securities held in safekeeping, while the monetary receivables relating to margin transactions are backed by a certain level of collateral. Deposits are held as settlement deposits, including current accounts and non-interest-bearing ordinary deposits, and are protected by the Deposit Insurance Corporation of Japan.」
The company continues measures including the safekeeping of securities, collateral for margin transactions, and protection of settlement deposits under the deposit insurance system. - FY2020MitigatedAnnual report
「The monetary receivables relating to customers' purchase orders are backed by the corresponding securities held in safekeeping, while the monetary receivables relating to margin transactions are backed by a certain level of collateral.」
As measures against the risk of uncollectible receivables due to counterparty defaults, the company specified the safekeeping of securities, collateral for margin transactions, and protection of settlement deposits under the deposit insurance system. - FY2019RestatedAnnual report
「The company's monetary receivables, deposits, and other assets could become uncollectible and result in losses if a counterparty defaults due to deteriorating cash flow or other factors.」
The company continues to disclose the risk of counterparty defaults relating to monetary receivables, deposits, and other assets. - FY2017RestatedAnnual report
「The company's monetary receivables, deposits, and other assets could become uncollectible and result in losses if a counterparty defaults due to deteriorating cash flow or other factors.」
The company reiterates the risk of counterparty defaults relating to monetary receivables, deposits, and other assets. - FY2016First statedAnnual report
「The company's monetary receivables, deposits, and other assets could become uncollectible and result in losses if a counterparty defaults due to deteriorating cash flow or other factors.」
The company describes its credit exposure relating to monetary receivables, deposits, and other assets.