Market Risk Limits and Daily Monitoring
First written in FY2016. 4 of 11 entries say "Worsened", first in FY2021. Latest entry: FY2026.
IwaiCosmo Holdings moved to the "Worse" side of this theme in 2026, 10 years after the typical company in this theme (2016).
The whole theme swung hardest in 2022: 7 of 11 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Assuming all other risk variables remain constant, a 10% increase in the prices and indices of domestic and overseas listed shares at the end of March 2026 would have increased the net amount of the relevant financial assets on the asset side by ¥1,217 million. Conversely, a 10% decrease would have reduced it by ¥1,217 million.」
The group continued to set market risk limits, calculate the market risk amount, confirm that operations remained within the limits and report daily. Sensitivity to a 10% change in share prices and related factors increased from ¥1,167 million in the previous fiscal year to ¥1,217 million. - 2026-06-03WorsenedGeneral Meetings of Shareholders
「If the prices of domestic and overseas listed shares and stock price indices as of the end of March 2026 (collectively, “stock prices, etc.”) rise by 10%, the net amount of the relevant financial assets on the asset side is expected to increase by ¥1,217 million. Conversely, if stock prices, etc. fall by 10%, the net amount of the relevant financial assets on the asset side is expected to decrease by ¥1,217 million.」
The company continued to set a market risk limit, calculate it through an independent department, and report it daily. Sensitivity to a 10% change in stock prices, etc., increased from ¥1,167 million in the previous disclosure to ¥1,217 million. - FY2025MitigatedAnnual report
「Assuming all other risk variables remain constant, a 10% increase in the prices and indices of domestic and overseas listed shares at the end of March 2025 would have increased the net amount of the relevant financial assets on the asset side by ¥1,167 million. Conversely, a 10% decrease would have reduced it by ¥1,167 million.」
The group continued to set market risk limits, calculate the market risk amount, confirm that operations remained within the limits and report to directors and others daily through an independent control department. Sensitivity to a 10% change in share prices and related factors declined from ¥1,498 million in the previous fiscal year to ¥1,167 million. - FY2024WorsenedAnnual report
「Assuming all other risk variables remain constant, a 10% increase in the prices and indices of domestic and overseas listed shares at the end of March 2024 would have increased the net amount of the relevant financial assets on the asset side by ¥1,498 million. Conversely, a 10% decrease would have reduced it by ¥1,498 million.」
The impact of a 10% change in share prices and related factors increased from ¥781 million in the previous fiscal year to ¥1,498 million, indicating higher disclosed market risk sensitivity. - FY2023MitigatedAnnual report
「A 10% increase in the prices and indices of domestic and overseas listed shares at the end of March 2023 would have increased the net amount of the relevant financial assets on the asset side by ¥781 million. Conversely, a 10% decrease would have reduced it by ¥781 million.」
The group continued to set market risk limits, calculate the market risk amount, confirm that operations remained within the limits and report daily through an independent control department. Sensitivity to a 10% change in share prices declined from ¥859 million in the previous fiscal year to ¥781 million. - FY2022MitigatedAnnual report
「Appropriate market risk limits are established. An independent control department separate from the departments executing trades calculates the market risk amount in accordance with the “standard method” used to calculate the capital adequacy ratio of financial instruments business operators, confirms that operations remain within the limits and reports to directors and others daily. Assuming all other risk variables remain constant, a 10% increase in the prices and indices of domestic and overseas listed shares at the end of March 2022 would have increased the net amount of the relevant financial assets on the asset side by ¥859 million.」
The group continued to manage operations within the limits and report daily through an independent control department. Sensitivity to a 10% change in share prices and related factors declined from ¥969 million in the previous fiscal year to ¥859 million. - FY2021WorsenedAnnual report
「Assuming all other risk variables remain constant, a 10% increase in the prices and indices of domestic and overseas listed shares at the end of March 2021 would have increased the net amount of the relevant financial assets on the asset side by ¥969 million. Conversely, a 10% decrease would have reduced it by ¥969 million.」
The impact of a 10% change in share prices and related factors increased from ¥722 million in the previous fiscal year to ¥969 million, indicating greater disclosed market risk sensitivity. - FY2020RestatedAnnual report
「Assuming all other risk variables remain constant, a 10% increase in the prices and indices of domestic and overseas listed shares at the end of March 2020 would have increased the net amount of the relevant financial assets on the asset side by ¥722 million. Conversely, a 10% decrease would have reduced it by ¥722 million.」
The group continued to manage market risk limits and report daily through an independent control department, and disclosed the impact of a 10% change in share prices and related factors as ¥722 million. - FY2019RestatedAnnual report
「Assuming all other risk variables remain constant, a 10% increase in the prices and indices of domestic and overseas listed shares at the end of March 2019 would have increased the net amount of the relevant financial assets on the asset side by ¥743 million. Conversely, a 10% decrease would have reduced it by ¥743 million.」
The group continued to manage market risk limits and report daily through an independent control department, and disclosed the impact of a 10% change in share prices and related factors as ¥743 million as of the end of March 2019. - FY2018RestatedAnnual report
「Based on relevant risk management rules and other provisions, appropriate market risk limits are established. An independent control department separate from the departments executing trades calculates the market risk amount in accordance with the “standard method” used to calculate the capital adequacy ratio of financial instruments business operators, confirms that operations remain within the limits and reports to directors and others daily. The group also seeks to properly identify fluctuations in share prices, interest rates and foreign exchange rates, control risk and secure stable earnings. Assuming all other risk variables remain constant, a 10% increase in the prices and indices of domestic and overseas listed shares at the end of March 2018 would have increased the net amount of the relevant financial assets on the asset side by ¥753 million.」
The group continued to manage market risk limits and report daily through an independent control department, and estimated the impact on the net asset-side amount of a 10% change in share prices and related factors at ¥753 million as of the end of March 2018. - FY2016First statedAnnual report
「Based on relevant risk management rules and other provisions, appropriate market risk limits are established. An independent control department separate from the departments executing trades calculates the market risk amount in accordance with the “standard method” used to calculate the capital adequacy ratio of financial instruments business operators, confirms that operations remain within the limits and reports to directors and others daily. The group also seeks to properly identify fluctuations in share prices, interest rates and foreign exchange rates, control risk and secure stable earnings.」
An independent control department calculates the market risk amount, manages it within the limits and reports to directors daily. It also states that statistical methods such as VaR are not used.