In addition to traditional credit and market risks, which have now been partly transferred to other intermediaries, banks now face reputational, legal and operational risks. In this context strict compliance with regulations, with appropriate operating standards and with deontological and ethical principles is a prerequisite for the sound and prudent management of intermediaries.
As a result, net stock-related gains increased to ¥ trillion, three times higher than those in the previous fiscal year. Net stock-related gains/losses are calculated by subtracting the sum of losses from stock selling operations and stock write-downs from gains on stock selling operations.