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Jimoto Holdings (7161) · FactContinued Recovery in Consumer Spending and Capital Investment

Miyagi and Yamagata economies on a gradual recovery trend

First written in FY2017-Q3. 9 of 26 entries say "Restated". Latest entry: FY2026.

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ProgressHeldSoftenedWorseOtherFY2017-Q3 – FY2022-Q3OtherFY2023-Q1 – FY20262017: 420172018: 320182019: 420192020: 120202021: 320212022: 420222023: 320232024: 220242025: 120252026: 12026
Same theme, other companies
Gradual Recovery in the Miyagi and Yamagata EconomiesA theme 2 companies write about · 0 as a headwind · 2 as a tailwind

1 other company's latest entry also says "Other".

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  1. FY2026Continued Recovery in Consumer Spending and Capital InvestmentAnnual 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 assessment has been updated from the recovery driven by inbound demand and capital investment in the previous fiscal year to one that private consumption and capital investment continue to recover.
  2. FY2025Shift toward recovery driven by inbound demand and capital investmentAnnual report

    「Although some weakness was seen in production activity, the economy recovered gradually, supported in part by increased inbound demand and capital investment.」

    The explanation has shifted from one centered on the recovery in private consumption following the pandemic to a gradual recovery in the economies of both prefectures, supported by increased inbound demand and capital investment.
  3. FY2024Regional economic improvement alongside higher material costsAnnual report

    「In the economies of Miyagi and Yamagata prefectures, tourism demand has continued to recover, while employment, income conditions and consumption have improved. At the same time, the impact of higher material costs has become evident across various sectors.」

    The explanation has shifted from a recovery under the impact of infectious diseases to one in which improvements in tourism, employment, income and consumption coexist with weakness caused by higher material costs.
  4. FY2024-Q3RestatedAnnual report

    「In the Miyagi and Yamagata economies, where the Group operates, personal consumption and other areas showed signs of a gradual recovery, although some weakness remained.」

    The description of the economies of both prefectures continues to indicate a situation in which some weakness coexists with a gradual recovery in private consumption and other areas.
  5. FY2024-Q1RestatedAnnual report

    「In the Miyagi and Yamagata economies, where the Group operates, personal consumption and other areas showed signs of a gradual recovery, although some weakness remained.」

    The description of the economies of both prefectures continues to indicate a situation in which some weakness coexists with a gradual recovery in private consumption and other areas.
  6. FY2023Economic activity and personal consumption recover against a backdrop of policy effectsAnnual report

    「In the economies of Miyagi and Yamagata, where the Group operates, economic activity and personal consumption are also gradually recovering, partly as a result of the effects of various policies.」

    The wording has shifted from the previous explanation focused on balancing infection control with economic activity to a gradual recovery in the economies of both prefectures and private consumption, against the backdrop of the effects of various policies.
  7. FY2023-Q3Both prefectural economies recover as infection control and economic activity proceed in parallelAnnual 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 disclosure states that personal consumption and other areas recovered as infection control and economic activity progressed in parallel in both prefectures.
  8. FY2023-Q2Both prefectural economies recover under the new normal, while corporate activity remains difficultAnnual report

    「In the Miyagi and Yamagata economies, where the Group operates, personal consumption and other areas are showing signs of a gradual recovery as the transition to living with COVID-19 progresses, but corporate activity and other areas remain challenging.」

    The situation in both prefectural economies has shifted to one in which a recovery in personal consumption and other areas coexists with difficult conditions for corporate activity.
  9. FY2023-Q1Both prefectural economies recover while the impact of the pandemic persistsAnnual 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 previous fiscal year emphasized the prolonged pandemic, lower sales, deteriorating corporate earnings and worsening employment conditions, this quarter's disclosure describes a gradual recovery in personal consumption and other areas while the pandemic's effects remain.
  10. 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.」

    For the Miyagi and Yamagata economies, the disclosure changed from describing some recovery to highlighting the prolonged pandemic, lower sales, deteriorating corporate earnings and worsening employment conditions.
  11. FY2022-Q3Both prefectural economies recover as pandemic restrictions easeAnnual 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 disclosure states that personal consumption and other areas showed signs of recovery in the Miyagi and Yamagata economies as the number of infections declined and economic restrictions eased.
  12. FY2022-Q2Long-term concerns persist under the state of emergencyAnnual report

    「Although some recovery has recently been seen as economic activity resumes and vaccinations progress, economic activity continues to be constrained, including by the declaration of a state of emergency in Miyagi Prefecture in August 2021. The impact on the regional economy therefore remains a source of concern over the long term.」

    In the Miyagi and Yamagata economies, some recovery coexisted with deteriorating corporate earnings and employment conditions caused by the pandemic, as well as constraints on economic activity.
  13. FY2022-Q1Regional economies deteriorate under the impact of the pandemic, with some recoveryAnnual report

    「The economies of Miyagi and Yamagata, where the Group operates, continued to be affected by the spread of COVID-19, including deteriorating corporate earnings resulting from lower sales at business partners and the associated deterioration in employment conditions.」

    The disclosure states that lower sales at business partners, deteriorating corporate earnings and worsening employment conditions continued in both prefectures, while some recovery emerged after the state of emergency was lifted.
  14. FY2021-Q3Both prefectural economies recover under the impact of the pandemicAnnual 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 disclosure indicates the coexistence of weak employment and a gradual recovery in production and other activity in both prefectural economies.
  15. FY2020-Q3Miyagi recovery stalls while Yamagata recovery continuesAnnual report

    「Although employment, housing investment and public investment in Miyagi remained at high levels, the recovery had recently stalled. In Yamagata, although personal consumption showed some weakness, employment conditions continued to improve and the economy showed gradual recovery.」

    Miyagi maintained high levels of employment and investment, while recovery stalled. Yamagata continued to recover gradually, supported by improving employment, despite weak personal consumption.
  16. FY2020-Q2Miyagi production weakens while Yamagata recovery continuesAnnual report

    「Although employment, housing investment and public investment in Miyagi remained at high levels, production was weakening and the recovery had stalled. In Yamagata, although personal consumption lacked strength, the economy was recovering overall as employment conditions continued to improve.」

    Miyagi maintained high levels of employment and investment, while production weakened and recovery stalled. Yamagata continued to recover gradually, supported by improving employment, despite weak personal consumption.
  17. FY2020-Q1Miyagi recovery stalls while Yamagata recovery continuesAnnual report

    「Although employment, housing investment and public investment in Miyagi remained at high levels, the recovery had recently stalled. In Yamagata, although personal consumption lacked strength, employment conditions steadily improved and the economy showed gradual recovery.」

    The disclosure states that recovery in Miyagi had stalled despite high levels of employment and investment, while Yamagata continued to recover gradually despite weak personal consumption.
  18. FY2019RestatedAnnual report

    「Eight years after the Great East Japan Earthquake, the Miyagi economy, where the Group operates, was on a gradual recovery trend. Although some weakness was evident, including a decline in public investment centered on reconstruction and restoration projects, economic activity remained generally at a high level.」

    The disclosure reconfirms the coexistence of recovery in economic activity, production and employment, and weakness in personal consumption and public investment, in Miyagi and Yamagata.
  19. FY2019-Q3RestatedAnnual report

    「Economic activity in Miyagi, where the Group operates, remained generally at a high level and was gradually recovering overall, although housing investment and public investment showed some weakness. In Yamagata, although personal consumption lacked strength, industrial production was gradually increasing and employment conditions steadily improved, resulting in signs of a gradual recovery.」

    The disclosure reconfirms the coexistence of a gradual overall recovery and improvements in production and employment, and weakness in housing investment, public investment and personal consumption, in Miyagi and Yamagata.
  20. FY2019-Q1RestatedAnnual report

    「Although the Miyagi economy, where the Group operates, was gradually recovering overall, with production and the job-offers-to-applicants ratio remaining high, personal consumption remained weak and housing investment and public investment showed some weakness. In the Yamagata economy, although personal consumption lacked strength, employment conditions steadily improved and signs of a gradual recovery emerged.」

    The disclosure reconfirms the coexistence of a gradual recovery trend driven by production and employment, and weakness in personal consumption, housing investment and public investment, in Miyagi and Yamagata.
  21. FY2018RestatedAnnual report

    「Seven years after the Great East Japan Earthquake, the Miyagi economy, where the Group operates, was on a gradual recovery trend. Although housing investment, public investment and personal consumption showed some weakness as the recovery of living conditions and industry progressed, production continued to trend upward and the job-offers-to-applicants ratio remained high.」

    The disclosure indicates a gradual recovery in Miyagi and Yamagata, driven by production and employment, while weakness remained in housing investment, personal consumption and other areas.
  22. FY2018-Q3RestatedAnnual report

    「Although the Miyagi economy, where the Group operates, showed weakness in housing investment, public investment and personal consumption, production continued to recover and the job-offers-to-applicants ratio remained high, indicating a gradual underlying recovery. In the Yamagata economy, although personal consumption lacked strength, the recovery trend continued, including steady improvement in employment conditions.」

    The disclosure reconfirms the coexistence of recovery and improvement driven by production and employment, and weakness in housing investment, public investment and personal consumption, in Miyagi and Yamagata.
  23. FY2018-Q2RestatedAnnual report

    「The Miyagi economy continued to recover gradually, with production recovering and the job-offers-to-applicants ratio remaining high, although housing investment, public investment and personal consumption showed some weakness. The Yamagata economy was recovering overall, despite a lack of strength in personal consumption, as employment conditions continued to improve gradually and other indicators showed signs of recovery.」

    The disclosure reconfirms the coexistence of recovery and improvement driven by production and employment, and weakness in housing investment, public investment and personal consumption, in Miyagi and Yamagata.
  24. FY2018-Q1RestatedAnnual report

    「Although the Miyagi economy, where the Group operates, showed weakness in housing investment, public investment and personal consumption, production recovered and the job-offers-to-applicants ratio remained high, indicating a gradual overall recovery. In the Yamagata economy, although personal consumption lacked strength, employment conditions steadily improved and recovery continued.」

    The disclosure indicates that the Miyagi and Yamagata economies continued to recover and improve, driven by production and employment, while weakness remained in personal consumption and other areas.
  25. FY2017Continued recovery trend and the end of reconstruction demandAnnual report

    「Although the Miyagi economy, where the Group operates, showed some weakness in housing investment, public investment and personal consumption following the completion of reconstruction demand six years after the earthquake, industrial production was recovering and the job-offers-to-applicants ratio remained high, indicating a gradual recovery trend. In the Yamagata economy, although personal consumption lacked strength, employment conditions were steadily improving and industrial production and other indicators were showing signs of recovery.」

    The disclosure continues to indicate recovery trends in Miyagi and Yamagata, while specifying the end of reconstruction demand in Miyagi and weak personal consumption in both prefectures.
  26. FY2017-Q3First statedAnnual report

    「Although some weakness was evident in personal consumption, the Miyagi economy, where the Group operates, was on a gradual recovery trend overall, supported by reconstruction demand and improved outlooks for corporate earnings. In the Yamagata economy, although personal consumption lacked strength, the recovery trend continued overall, including in industrial production and employment conditions.」

    The disclosure describes the recovery and improvement in Miyagi and Yamagata, driven by reconstruction demand, corporate earnings, industrial production and employment conditions.
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