Comprehensive Risk Management by Risk Management Committees and Similar Bodies

「• The company recognizes the importance of evaluating, monitoring and managing the various risks associated with the execution of its business. It seeks to comprehensively identify risks based on its risk management rules and risk provisions established for each category, and reports the prescribed matters to the Board of Directors. • For market risk, the company manages positions in trading transactions and has established a system for monitoring trading profit and loss in real time. It has also established stop-loss rules under its internal regulations to prevent losses from exceeding a specified limit.」

「We will promote risk management to identify risks inherent in corporate activities, reduce them and prevent dangers from materializing, while establishing rules and setting up committees and other bodies to ensure an immediate response if a major crisis occurs.」

「• The company recognizes the importance of evaluating, monitoring and managing the various risks associated with the execution of its business. It seeks to comprehensively identify risks based on its risk management rules and risk provisions established for each category, and reports the prescribed matters to the Board of Directors. • Credit risk is calculated and monitored daily. In the event of an emergency, an Emergency Response Headquarters headed by the Representative Director and President will be established to clarify the chain of command and oversee crisis management.」

「• Credit risk is calculated and monitored daily. • With respect to operational risk, relevant rules and operating manuals are revised promptly. • For other matters, the sales and administrative divisions work together and hold joint meetings as necessary. In the event of an emergency, an Emergency Response Headquarters headed by the Representative Director and President will be established to clarify the chain of command and oversee crisis management.」

「We recognise the importance of evaluating, monitoring, and managing the various risks associated with business execution. Based on the Risk Management Regulations and risk provisions established for each category, we seek to identify risks comprehensively and report designated matters to the Board of Directors. ・For market risk, we manage positions in trading transactions and have established a system for monitoring trading gains and losses in real time. We have also established loss-cut rules under internal regulations to prevent losses from exceeding a specified limit.」

「We recognise the importance of evaluating, monitoring, and managing the various risks associated with business execution. Based on the Risk Management Regulations and risk provisions established for each category, we seek to identify risks comprehensively and report designated matters to the Board of Directors. ・For market risk, we manage positions in trading transactions and have established a system for monitoring trading gains and losses in real time. We have also established loss-cut rules under internal regulations to prevent losses from exceeding a specified limit.」

「We recognise the importance of evaluating, monitoring, and managing the various risks associated with business execution. Based on the Risk Management Regulations and risk provisions established for each category, we seek to identify risks comprehensively and report designated matters to the Board of Directors.」