Investor Presentaiton
Securities
The average balance of securities decreased by 69.7 billion yen due to the redemption of government bonds.
Interest rate risk (interest rate delta) declined on a year-on-year basis.
ā The balance of cross-shareholdings was reduced by 4.1 billion yen on a year-on-year basis through dialogue with issuing
entities.
Trends in the average balance of securities
Trends in the interest rate delta
*The amount of change in fair value when interest rate declines by 10bp
(Billion yen)
1,942.4
377.3
1,564.5
83.1
Reference: Breakdown of multi-asset investment
trusts (end of March 2020)
(Billion yen)
Japan
Deposits, 30%
etc.
North America
Europe
3% 4% 1%
8%
Stocks
Japan
7%
Government bonds,
etc.
41%
Others
Bonds 51%
1.9
1.8
11%
Exchange
13%
Europe
31%
North
America
1.5
1.3
Foreign securities 1.7
in foreign
currencies
1.0
1.0
0.9
End of
March 2017
End of
March 2018
End of
March 2019
End of
March 2020
394.7
384.6
1,199.2
-69.7 billion yen
1,129.5
Corporate bonds,
investment trusts,
Trends in the term-end balance of cross-shareholding
82.3
(including private REITs)
etc.
135.9
-28.1 billion
264.7
438.4
(Billion yen)
410.3
Stocks
-4.4 billion
73.4
73.0
71.9
-4.1 billion yen
126.7
79.4
75.0
1.7
Foreign securities
2.2
67.8
2.2
Private REITS
165.3
+29.5 billion
+0.3 billion
2.5
194.8
13.3
13.4
13.4
Shares of
961.5
116.5
Municipal bonds
affiliates
13.3
-0.1 billion
131.0
696.1
+14.5 billion
4.2
4.1
4.2
Non-listed shares
4.3
+0.1 billion
399.6
Government bonds,
318.4
54.2
53.3
etc.
52.1
47.7
Listed shares
-81.2 billion
-4.4 billion
End of March
FY2016
FY2017
FY2018
FY2019
2017
End of March
2018
End of March
2019
End of March
2020
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