Investor Presentaiton
Securities
(Billion yen)
2021/3
2022/3
Change
% Change
Total securities
581.2
606.9
+25.7
+4.4%
Public bonds
(Government bonds and
169.3
225.8
Local government bonds)
Corporate bonds
115.8
116.0
Stocks
14.4
13.2
Other
281.5
251.8
(29.7)
+56.5 +33.3%
+0.2 +0.1%
(1.2) (8.5%)
(10.5%)
Trend in Securities Balance at the Fiscal Year-end
■Government bonds
Corporate bonds
■ Other
■Local government bonds
■Stocks
(Billion yen)
TOCH
GN
TOCHIGI BANK
Valuation losses on other securities are expanding due to continued
high volatility stemming from forecast fiscal policies in Europe and the
U.S. and the unstable political climate. The expansion in valuation
losses occurred despite reducing positions in foreign bond investment
trusts (other securities) due to rising interest rates overseas.
While the Bank's portfolio does not pose excessive credit risk from
stocks, corporate bonds, and other securities, the portfolio is highly
weighted in bond investment and reducing interest rate risk in Japan
and overseas is a challenge.
Valuation Gains (Losses) on Other Securities
■Stocks ■ Bonds ■ Other
(Billion yen)
606.9
581.2
530.8
530.2
478.1
1.8
251.8
0.3
5.1
3.8
1.2
281.5
1.4
263.8
1.1
247
(10.4)
(3.0)
(15.4)
Valuation
gain
0.2
1.6
1.2
307.9
(0.7)
248.3
(1.8)
13.2
(3.6)
(2.8)
(5.5)
Valuation
loss
14.4
116.0
10.3
(9.9)
39.5
115.8
15.5
108.1
58.4
55.9
92.1
64.5
(11.1)
70.7
54.3
167.3
86.0
80.6
93.5
104.8
2018/3
2019/3
2020/3
2021/3
2022/3
2018/3
2019/3
2020/3
2021/3
2022/3
Note: The numbers in bold show the net valuation gains (losses).
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