Risk of Economic Weakness in Core Operating Regions
First written in FY2016. 4 of 17 entries say "Worsened", first in FY2020. Latest entry: FY2026.
Jimoto Holdings moved to the "Worse" side of this theme in 2020.
0 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「In the economies of Miyagi and Yamagata, the Group's operating areas, housing investment showed weakness, while personal consumption and capital investment continued to show signs of recovery.」
The filing states that housing investment remained weak in the operating areas, while personal consumption and capital investment continued to recover, continuing to highlight aspects of regional economic recovery. - FY2025Gradual Regional Economic Recovery Coexisting with New Challenges in Attracting Regional IndustriesAnnual report
「In the economies of Miyagi and Yamagata, the Group's operating areas, some production activity showed weakness, but the economies recovered gradually, supported by increased inbound demand and capital investment. In addition, plans to build a semiconductor plant in Ōhira Village, Miyagi Prefecture, were abandoned.」
The economies of the two prefectures recovered gradually on the back of inbound demand and capital investment, while the cancellation of the semiconductor plant construction represented a change in regional investment. - FY2024Improving Tourism, Employment, Income and Consumption Coexisting with Higher Material CostsAnnual report
「In the economies of Miyagi and Yamagata, the Group's operating areas, tourism demand continued to recover and employment, income conditions and consumption improved, while the impact of higher material costs became apparent across various sectors.」
The filing indicates improvements in tourism demand, employment and income, and consumption in the two prefectures, while higher material costs have emerged as a new source of pressure. - FY2023-Q3MitigatedAnnual report
「In the Miyagi and Yamagata economies, where the Group operates, personal consumption and other areas showed signs of recovery as efforts to control COVID-19 and sustain economic activity proceeded in parallel.」
The filing states that progress was made in balancing control of the infectious disease with economic activity, and that personal consumption and other areas showed signs of recovery in the operating areas. - FY2023-Q2Recovery in Consumption Coexisting with Continued Pressure on Corporate ActivityAnnual report
「With the transition to living with COVID-19, personal consumption and other areas showed signs of a gradual recovery, but corporate activity and other areas remained challenging.」
In the operating areas of Miyagi and Yamagata, personal consumption and other areas showed signs of recovery, while corporate activity remained challenging. - FY2023-Q1MitigatedAnnual report
「In the Miyagi and Yamagata economies, where the Group operates, personal consumption and other areas showed signs of a gradual recovery despite the continuing impact of COVID-19.」
Although the effects of the infectious disease remain in the operating areas, the description has shifted from emphasizing the previous year's declines in sales, deterioration in corporate earnings and worsening employment conditions to describing a gradual recovery in personal consumption and other areas. - FY2022WorsenedAnnual report
「The prolonged COVID-19 pandemic has had wide-ranging effects on small and medium-sized enterprises, including deteriorating profitability due to declining sales and the resulting deterioration in employment conditions.」
The Company indicates concern that the impact on the regional economies of Miyagi and Yamagata, its primary operating areas, could expand and persist due to the prolonged infectious disease and rising prices. - FY2022-Q3MitigatedAnnual report
「In the Miyagi and Yamagata economies, where the Group operates, the number of infected people declined toward year-end and conditions eased, leading to signs of recovery in personal consumption and other areas.」
The filing states that personal consumption and other areas in the operating base of Miyagi and Yamagata showed signs of recovery as the number of infections declined and conditions eased. - FY2022-Q2WorsenedAnnual report
「The effects of restrictions on economic activity remained, including the declaration of a state of emergency in Miyagi Prefecture in August 2021, and the impact on the regional economy is expected to remain a concern over the long term.」
In the operating areas of Miyagi and Yamagata, some recovery was seen, but the effects of the state of emergency and restrictions on economic activity continued, prompting concern about the long-term impact on the regional economy. - FY2022-Q1WorsenedAnnual report
「Recently, as the number of infections began to decline, the independent states of emergency declared by Miyagi and Yamagata prefectures in March 2021 were lifted, and some signs of recovery emerged. However, the effects of restrictions on economic activity remain, and the impact on the regional economy is expected to remain a concern over the long term.」
The filing states that, although some recovery was seen in Miyagi and Yamagata, restrictions on economic activity continued and the long-term impact on the regional economy remained a concern. - FY2021-Q3Regional Economic Recovery amid the Impact of the Infectious DiseaseAnnual report
「The Miyagi and Yamagata economies, where the Group operates, saw weak employment conditions due to the impact of the infectious disease, but production activity and other areas showed a gradual recovery.」
The filing states that employment remained weak in Miyagi and Yamagata, while production activity and other areas showed signs of a gradual recovery. - FY2021-Q2Regional Economic Recovery amid the Impact of the Infectious DiseaseAnnual report
「In the economies of Miyagi and Yamagata prefectures, the Group's operating areas, employment remained weak due to the impact of the infectious disease, while personal consumption and production activity showed signs of a gradual recovery.」
The filing states that employment remained weak in Miyagi and Yamagata, while personal consumption and production activity showed signs of a gradual recovery. - FY2020WorsenedAnnual report
「Economic conditions in Miyagi and Yamagata prefectures, the Group's operating areas, also require attention, as economic activity has weakened rapidly, particularly personal consumption, due to the impact of the infectious disease.」
The Company explicitly states that economic activity, particularly personal consumption, could weaken rapidly in the operating areas centered on Miyagi and Yamagata due to the impact of the infectious disease. - FY2019RestatedAnnual report
「The Group's primary operating base is the Tohoku region, mainly Miyagi and Yamagata prefectures. If the regional economy stagnates or deteriorates, the Group may be unable to expand its business and may face increased credit risk, potentially adversely affecting its operating performance and financial position.」
The concentration of the operating base and stagnation of the regional economy continue to present potential impacts on operating performance and credit risk. - FY2018RestatedAnnual report
「The Group's primary operating base is the Tohoku region, mainly Miyagi and Yamagata prefectures. If the regional economy stagnates or deteriorates, the Group may be unable to expand its business and may face increased credit risk, potentially adversely affecting its operating performance and financial position.」
The concentration of the operating base and stagnation of the regional economy continue to present potential impacts on operating performance and credit risk. - FY2017RestatedAnnual report
「The Group's primary operating base is the Tohoku region, mainly Miyagi and Yamagata prefectures. If the regional economy stagnates or deteriorates, the Group may be unable to expand its business and may face increased credit risk, potentially adversely affecting its operating performance and financial position.」
The Company reconfirms that the concentration of its operating base and stagnation of the regional economy could affect operating performance and credit risk. - FY2016First statedAnnual report
「If the regional economy stagnates or deteriorates, the Group may be unable to expand its business and may face increased credit risk, potentially adversely affecting its operating performance and financial position.」
Risk associated with the concentration of the Group's operating base in the Tohoku region, mainly Miyagi and Yamagata prefectures.