Unrealized losses on securities at the end of the second quarter of the fiscal year ending March 2027
T&D Holdings, Inc.
Bonds held to maturity and bonds held to match policy reserves
Total unrealized loss on securities: ¥2,008,281 million (no classification for recognition in earnings was provided)
Calculated and disclosed as of the end of the second quarter of the fiscal year ending March 2027 (30 September 2026)
No change from the forecasts announced on 15 May 2026 for full-year consolidated earnings and dividends for the fiscal year ending March 2027
The company will promptly disclose any matters that arise requiring disclosure.
| Item | Details |
|---|---|
| Event name | Unrealized losses on securities at the end of the second quarter of the fiscal year ending March 2027 |
| Date of occurrence | 30 September 2026 (end of the second quarter of the fiscal year ending March 2027) |
| Subject Entity | T&D Holdings, Inc. |
| Target Locations / Products | Bonds held to maturity and bonds held to match policy reserves |
| Amount of Impact on Business Performance | Total unrealized loss on securities: ¥2,008,281 million (no classification for recognition in earnings was provided) |
| Accounting period in which recognized | Calculated and disclosed as of the end of the second quarter of the fiscal year ending March 2027 (30 September 2026) |
| Impact on Earnings Forecast | No change from the forecasts announced on 15 May 2026 for full-year consolidated earnings and dividends for the fiscal year ending March 2027 |
| Outlook | The company will promptly disclose any matters that arise requiring disclosure. |
| Planned follow-up disclosure | The company will promptly disclose any matters that arise requiring disclosure. |
Items this document does not state (16)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The bonds concerned are held as assets corresponding to insurance liabilities. The company stated that, when interest rates rise, the decline in the market value of the assets is offset by the corresponding decrease in the economic value of the insurance liabilities, resulting in no direct impact on financial soundness.