Diversification of risk transferees and risk transfer methods
First written in FY2016. 12 of 23 entries say "Advanced", first in FY2018. Latest entry: FY2026.
0 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「We securitize credit risk through numerous funds and a diverse range of financial institutions in different industries for the purpose of transferring credit risk.」
We have reaffirmed our policy of transferring risk through numerous funds and financial institutions in different industries. - 2026-05-20AdvancedPresentation on financial results
「当社は今後、自社でリスクを抱え込むのではなく、外部ファンド等へリスクを流動化する仕組みをさらに強めていく方針です。」
外部ファンド等へのリスク流動化をさらに強化する方針を示している。 - FY2026-H1RestatedAnnual report
「Our group enters into credit default swap transactions, but because they are accounted for in a manner equivalent to debt guarantees, they are not included in the notes on derivative transactions.」
We have reaffirmed the execution of credit default swap transactions and their accounting treatment in a manner equivalent to debt guarantees. - FY2025AdvancedAnnual report
「By adding クレジット・ギャランティ10号合同会社 (Credit Guarantee No. 10 GK), the operator of クレジット・ギャランティ10号匿名組合 (Credit Guarantee No. 10 silent partnership), in which we hold a 51% interest and which is a consolidated subsidiary, and クレジット・ギャランティ11号合同会社 (Credit Guarantee No. 11 GK), the operator of クレジット・ギャランティ11号匿名組合 (Credit Guarantee No. 11 silent partnership), in which we hold a 51% interest and which is a consolidated subsidiary, among others, as risk transferees, we retain some of the credit risk ourselves.」
We are adding クレジット・ギャランティ11号匿名組合 (Credit Guarantee No. 11 silent partnership) as a new risk transferee and expanding securitization destinations utilizing silent partnerships. - FY2025-H1AdvancedAnnual report
「During the current interim consolidated accounting period, our group made クレジット・ギャランティ10号匿名組合 (Credit Guarantee No. 10 silent partnership) an affiliate and consolidated subsidiary through an investment in the silent partnership.」
クレジット・ギャランティ10号匿名組合 (Credit Guarantee No. 10 silent partnership), whose investment was approved in the FY2024 annual report, was made a consolidated subsidiary during the current interim consolidated accounting period. - FY2024AdvancedAnnual report
「At a meeting of the Board of Directors held on 30 April 2024, we resolved to invest in クレジット・ギャランティ10号匿名組合 (Credit Guarantee No. 10 silent partnership), operated by クレジット・ギャランティ10号合同会社 (Credit Guarantee No. 10 GK), and made an investment of ¥102 million on 9 May 2024.」
After the filing, we invested ¥102 million, representing a 51% interest, in クレジット・ギャランティ10号匿名組合 (Credit Guarantee No. 10 silent partnership), adding a risk transferee. - FY2024-Q3RestatedAnnual report
「During the third quarter of the current consolidated cumulative period, our group made クレジット・ギャランティ７号匿名組合 (Credit Guarantee No. 7 silent partnership) and クレジット・ギャランティ８号匿名組合 (Credit Guarantee No. 8 silent partnership) affiliates and consolidated subsidiaries through investments in the silent partnerships.」
We have reaffirmed that クレジット・ギャランティ７号匿名組合 (Credit Guarantee No. 7 silent partnership) and クレジット・ギャランティ８号匿名組合 (Credit Guarantee No. 8 silent partnership) became consolidated subsidiaries. - FY2024-Q2AdvancedAnnual report
「During the second quarter of the current consolidated cumulative period, our group made クレジット・ギャランティ７号匿名組合 (Credit Guarantee No. 7 silent partnership) and クレジット・ギャランティ８号匿名組合 (Credit Guarantee No. 8 silent partnership) affiliates and consolidated subsidiaries through investments in the silent partnerships.」
In addition to クレジット・ギャランティ７号匿名組合 (Credit Guarantee No. 7 silent partnership), we newly made クレジット・ギャランティ８号匿名組合 (Credit Guarantee No. 8 silent partnership) a consolidated subsidiary, expanding the structure of risk transferees utilizing silent partnership investments. - FY2024-Q1AdvancedAnnual report
「During the first quarter of the current consolidated cumulative period, our group made クレジット・ギャランティ７号匿名組合 (Credit Guarantee No. 7 silent partnership) an affiliate and consolidated subsidiary through an investment in the silent partnership.」
We made クレジット・ギャランティ７号匿名組合 (Credit Guarantee No. 7 silent partnership) a consolidated subsidiary and advanced the operating structure for risk transferees. - FY2023AdvancedAnnual report
「At a meeting of the Board of Directors held on 26 May 2023, we resolved to invest in クレジット・ギャランティ７号匿名組合 (Credit Guarantee No. 7 silent partnership), operated by クレジット・ギャランティ７号合同会社 (Credit Guarantee No. 7 GK), and made an investment of ¥127.5 million on 29 May 2023.」
In May 2023, after the filing, we invested ¥127.5 million, representing a 51% interest, in クレジット・ギャランティ7号匿名組合 (Credit Guarantee No. 7 silent partnership), which became a credit risk transferee. - FY2023-Q2RestatedAnnual report
「Our group enters into credit default swap transactions, but because they are accounted for in a manner equivalent to debt guarantees, they are not included in the notes on derivative transactions.」
We have reaffirmed the execution of credit default swap transactions and their accounting treatment. - FY2023-Q1RestatedAnnual report
「Our group enters into credit default swap transactions, but because they are accounted for in a manner equivalent to debt guarantees, they are not included in the notes on derivative transactions.」
We have reaffirmed the execution of credit default swap transactions and their accounting treatment. - FY2022AdvancedAnnual report
「March 2022: Established クレジット・ギャランティ６号匿名組合 (Credit Guarantee No. 6 silent partnership), now a consolidated subsidiary.」
We established クレジット・ギャランティ６号匿名組合 (Credit Guarantee No. 6 silent partnership) as a new credit risk transferee and made it a consolidated subsidiary. - FY2022-Q3RestatedAnnual report
「Our group enters into credit default swap transactions, but because they are accounted for in a manner equivalent to debt guarantees, they are not included in the notes on derivative transactions.」
We have reaffirmed the execution of credit default swap transactions and their accounting treatment. - FY2021RestatedAnnual report
「Our group has secured a broad range of risk transferees, including numerous funds, for the risks it underwrites, and has diversified its securitization methods. We will continue to develop new risk transferees in order to further diversify securitization methods and work to establish a stable structure for underwriting and securitizing risk.」
We have reaffirmed the diversification of securitization methods by securing a broad range of transferees, including funds, and developing further transferees. - FY2021-Q3RestatedAnnual report
「Our group enters into credit default swap transactions, but because they are accounted for in a manner equivalent to debt guarantees, they are not included in the notes on derivative transactions.」
We have reaffirmed that we enter into credit default swap transactions and the accounting treatment applied to them. - FY2020AdvancedAnnual report
「By adding クレジット・リンク・ファンド１号合同会社 (Credit Link Fund No. 1 GK), the operator of クレジット・リンク・ファンド１号匿名組合 (Credit Link Fund No. 1 silent partnership), in which we hold a 57% interest and which is a consolidated subsidiary; クレジット・インベストメント１号合同会社 (Credit Investment No. 1 GK), the operator of クレジット・インベストメント１号匿名組合 (Credit Investment No. 1 silent partnership), in which we hold an 82% interest and which is a consolidated subsidiary; クレジット・ギャランティ１号合同会社 (Credit Guarantee No. 1 GK), the operator of クレジット・ギャランティ１号匿名組合 (Credit Guarantee No. 1 silent partnership), in which we hold a 51% interest and which is a consolidated subsidiary; クレジット・ギャランティ２号合同会社 (Credit Guarantee No. 2 GK), the operator of クレジット・ギャランティ２号匿名組合 (Credit Guarantee No. 2 silent partnership), in which we hold a 55% interest and which is a consolidated subsidiary; クレジット・ギャランティ４号合同会社 (Credit Guarantee No. 4 GK), the operator of クレジット・ギャランティ４号匿名組合 (Credit Guarantee No. 4 silent partnership), in which we hold a 50% interest and which is a consolidated subsidiary; and クレジット・ギャランティ５号合同会社 (Credit Guarantee No. 5 GK), the operator of クレジット・ギャランティ５号匿名組合 (Credit Guarantee No. 5 silent partnership), in which we hold a 60% interest and which is a consolidated subsidiary, among others, as risk transferees, we retain some of the credit risk ourselves.」
We expanded securitization destinations by adding multiple funds and GK entities, including クレジット・ギャランティ５号匿名組合 (Credit Guarantee No. 5 silent partnership), as risk transferees. - FY2020-Q1AdvancedAnnual report
「During the first quarter of the current consolidated cumulative period, our group made クレジット・ギャランティ４号匿名組合 (Credit Guarantee No. 4 silent partnership) an affiliate and consolidated subsidiary through an investment in the silent partnership.」
クレジット・ギャランティ４号匿名組合 (Credit Guarantee No. 4 silent partnership), whose investment was approved and executed in FY2019, was included in the scope of consolidation as a consolidated subsidiary during the current quarter. - FY2019AdvancedAnnual report
「At a meeting of the Board of Directors held on 26 April 2019, we resolved to invest in クレジット・ギャランティ４号匿名組合 (Credit Guarantee No. 4 silent partnership), operated by クレジット・ギャランティ４号合同会社 (Credit Guarantee No. 4 GK), and made an investment of ¥50 million on 20 May 2019.」
We established クレジット・ギャランティ４号匿名組合 (Credit Guarantee No. 4 silent partnership) as a new risk transferee and invested ¥50 million on 20 May 2019. - FY2019-Q2Disclosure of CDS transactionsAnnual report
「Our group enters into credit default swap transactions, but because they are accounted for in a manner equivalent to debt guarantees, they are not included in the notes on derivative transactions.」
The company discloses that it enters into credit default swap transactions. However, this filing does not explain when the transactions began or their role in risk transfer. - FY2018AdvancedAnnual report
「March 2018: Established クレジット・ギャランティ３号匿名組合 (Credit Guarantee No. 3 silent partnership), now an equity-method affiliate.」
We established クレジット・ギャランティ3号匿名組合 (Credit Guarantee No. 3 silent partnership) as a new investment destination for credit risk. - FY2017RestatedAnnual report
「Our group has secured a broad range of transferees for the risks it underwrites, including funds in addition to traditional financial institutions, and has diversified its risk transfer methods. We will continue to develop new risk transferees in order to further diversify securitization destinations and work to establish a stable structure for underwriting and securitizing risk.」
We have reaffirmed our current policy of utilizing funds in addition to financial institutions and our plan to develop further transferees. - FY2016First statedAnnual report
「To diversify risk transfer methods, we invested in a new fund established to invest in the credit risk we underwrite, thereby adding a risk transferee and establishing a foundation for underwriting credit risk in preparation for future growth in guarantee balances.」
A measure to prepare for growth in guarantee balances by utilizing funds in addition to financial institutions.