Stability and implements such measures as

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stability, and implements such measures as diversifying fund-raising methods, dispersing repayment and redemption dates and selecting interest rate and other lending terms in accordance with the trends in the macroeconomic environment.
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Moreover, PIC endeavors to maintain its financial stability by prudently controlling such major financial indicators as debt ratio (LTV) and debt service coverage ratio (DSCR). Top 4) Insider trading regulations Risk Countermeasure In the event that officers and employees of the asset management company should violate the insider trading regulations set force in the Financial Instruments and Exchange Act as well as internal rules, such a violation may damage investors' trust in PIC’s investment units in the stock trading market, and may eventually bring about such negative outcomes as a decrease in the liquidity and market price of the investment units. By way of the regulations on preventing transactions by insiders as well as the compliance manual it has established, the asset management company bans its officers and employees from trading the investment units and corporate bonds of PIC and other listed shares, etc. by taking advantage of the important facts they have learnt due to their positions before such important facts are announced to the public. Similarly at PIC, the Board of Directors has adopted regulations on preventing transactions by insiders, banning its executive directors and supervisory directors from trading the investment units and corporate bonds of PIC and other listed shares, etc. by taking advantage of the important facts they have learnt due to their positions before such important facts are announced to the public. Top 5) Conflicts of interest among corporations involved in PIC's operations Risk Countermeasure Interested parties, such as the company to which PIC entrusts its general administration services, the shareholders of PIC's asset manager and the companies that have seconded employees to the asset manager, could take advantage of their positions to act in the interest of their own party or that of third parties. The Law Concerning Investment Trusts and Investment Corporations requires such general administration service operators and asset managers to conduct their assignments with the care of a good manager. PIC has also concluded agreements with these parties, in which they are required to conduct fiduciary duties and the duty of care. Top
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6) Unpredictable accidents by chance or due to natural disasters Risk Countermeasure PIC's properties may be lost, deteriorated or damaged, leading to lower values, by fire, earthquake, accidents or other natural disasters. PIC has covered all of its properties by insurance against fire. PIC will cover properties to be acquired in the future by fire insurance and, if necessary, by earthquake insurance.
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