Tax Reform and Changes in Monetary Policy
First written in FY2021. 5 of 7 entries say "Materialised", first in FY2025-H1. Latest entry: FY2026.
Ai Partners Financial moved to the "Worse" side of this theme in 2024.
0 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Following the Bank of Japan’s policy rate hike to 0.75% in December 2025, the first increase to that level in approximately 30 years, long-term interest rates trended upward.」
The disclosure states that a change in monetary policy actually occurred in the form of a policy rate hike to 0.75%. - 2026-05-15MaterialisedEarnings forecast revision
「Following the Bank of Japan’s policy rate hike to 0.75% in December 2025, the first increase to that level in approximately 30 years, long-term interest rates trended upward.」
Records that the Bank of Japan’s policy rate hike occurred and that long-term interest rates subsequently trended upward. - FY2026-H1MaterialisedAnnual report
「During the interim consolidated accounting period under review, the Japanese economy continued to recover gradually alongside the normalization of monetary policy. However, personal consumption, which accounts for more than half of gross domestic product (GDP), recovered slowly owing to the continuing impact of inflation, leaving overall domestic demand lacking strength.」
The normalization of monetary policy and the impact of inflation are described as actual economic conditions, indicating that the risks associated with changes in monetary policy and other factors continue to materialize. - FY2025MaterialisedAnnual report
「The economy continued on a gradual recovery trend despite the impact of higher prices for goods and services resulting from the weaker yen and higher resource prices, as well as the Bank of Japan’s lifting of its negative interest rate policy and subsequent additional rate hikes.」
The disclosure states that the Bank of Japan’s lifting of its negative interest rate policy and subsequent additional rate hikes actually occurred. - FY2025-H1MaterialisedAnnual report
「In Japan, normalization of monetary policy progressed, including additional interest rate hikes by the Bank of Japan, while personal consumption and corporate earnings continued to recover gradually. Overseas, geopolitical risks arising from the unstable international situation and monetary tightening aimed at curbing inflation affected global financial markets.」
The disclosure states that changes in and continuation of monetary policy, including additional rate hikes by the Bank of Japan and monetary tightening overseas, actually occurred. - FY2023RestatedAnnual report
「The Group operates a financial products intermediation business by providing financial services through IFAs. If tax reforms result in higher taxation of financial products or there is a major change in monetary policy, this could affect existing customers’ investment intentions, the inflow of new funds and IFA motivation to operate, among other factors.」
The Group continues to disclose the risk that tax reforms and changes in monetary policy may affect customers, IFAs and revenue. - FY2021First statedAnnual report
「If tax reforms result in higher taxation of financial products or there is a major change in monetary policy, the Group’s financial position and operating results could be affected by changes in existing customers’ investment intentions, the impact on the inflow of new funds, and IFA motivation to operate, among other factors, as well as by a decline in securities intermediation revenue.」
The disclosure describes the impact of changes in taxation and policy on customers, IFAs and securities intermediation revenue.