Komori
The Gunma Bank (8334) · TargetPlan completed; some targets achieved and others missed

2019 Mid-Term Management Plan “Innovation: A New Dimension” — Toward Value Realization

First written in FY2019. 7 of 11 entries say "Restated". Latest entry: FY2022.

11entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2019 – FY2020-Q2RestatedFY2021-Q1 – FY2021-Q3RestatedFY2022-Q1 – FY20222019: 320192020: 220202021: 420212022: 22022
Same theme, other companies
Management objective monitoring using net income attributable to owners of the parent, ROE and OHRA theme 9 companies write about · 0 as a headwind · 15 as a tailwind

The whole theme swung hardest in 2023: 2 of 6 companies on the "Worse" side.

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

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2022Plan completed; some targets achieved and others missedAnnual report

    「The medium-term management plan "Innovation 新次元 — Toward Value Realization —," launched in fiscal 2019, ended in fiscal 2021. The Bank launched the medium-term management plan "Innovation for “Purpose”," covering the three-year planning period from April 2022 to March 2025.」

    The 2019 Medium-Term Management Plan ended. While targets for profit attributable to owners of the parent, non-interest income, RORA, OHR and the total capital ratio were achieved, ROE and certain key figures fell short.
  2. FY2022-Q3RestatedAnnual report

    「There are no material changes or newly established matters.」

    The Bank continued to disclose that there were no material changes or new matters concerning its management policies, management strategies or management targets, including the 2019 Medium-Term Management Plan.
  3. FY2022-Q2RestatedAnnual report

    「There are no material changes or newly established matters.」

    The Bank disclosed that there were no material changes or new matters concerning its management policies, management strategies or management targets, including the 2019 Medium-Term Management Plan.
  4. FY2022-Q1RestatedAnnual report

    「There are no material changes or newly established matters.」

    The Bank disclosed that there were no material changes or new matters concerning its management policies, management strategies or management targets, including the 2019 Medium-Term Management Plan.
  5. FY2021AdvancedAnnual report

    「At the end of the current consolidated fiscal year, the total capital ratio was 12.74%, up 0.79 percentage points from the end of the previous consolidated fiscal year, mainly because total capital increased, driven primarily by an increase in the valuation difference on other securities. The ratio remained above the numerical target in the medium-term management plan.」

    Against the target for the fiscal year ending March 2022, the total capital ratio reached the target at 12.74%, while some indicators fell short, including net income attributable to owners of the parent of ¥13.5 billion, non-interest income of ¥19.1 billion, RORA of 0.30% and ROE of 2.6%.
  6. FY2021-Q3RestatedAnnual report

    「There are no material changes or newly established matters.」

    The Bank continued to disclose that there were no material changes or new matters concerning its management policies, management strategies or management targets, including the 2019 Medium-Term Management Plan.
  7. FY2021-Q1RestatedAnnual report

    「There are no material changes or newly established matters.」

    The Bank disclosed that there were no material changes or new matters concerning its management policies, management strategies or management targets, including the 2019 Medium-Term Management Plan.
  8. FY2020AdvancedAnnual report

    「Non-interest income increased from the previous consolidated fiscal year, as corporate services performed steadily and enhanced bank-securities cooperation proved effective.」

    As first-year results under the 2019 Medium-Term Management Plan, the Bank disclosed non-interest income of ¥17.160 billion, net income attributable to owners of the parent of ¥22.280 billion, RORA of 0.53%, an OHR of 66.3%, a total capital ratio of 11.95%, and ROE of 4.4%. Against the targets for the fiscal year ending March 2022, non-interest income, net income, OHR, capital ratio and ROE fell short, while RORA exceeded the target level.
  9. FY2020-Q2RestatedAnnual report

    「There are no material changes or newly established matters.」

    The Bank disclosed that there were no material changes or new matters concerning its management policies, management strategies or management targets, including the 2019 Medium-Term Management Plan.
  10. FY2020-Q1RestatedAnnual report

    「There are no material changes or newly established matters.」

    The Bank disclosed that there were no material changes or new matters concerning its management policies, management strategies or management targets, including the 2019 Medium-Term Management Plan.
  11. FY2019First statedAnnual report

    「The Bank launched the "2019 Medium-Term Management Plan: Innovation 新次元 — Toward Value Realization —," covering the three-year planning period from April 2019 to March 2022.」

    The targets for the fiscal year ending March 2022 were net income attributable to owners of the parent of ¥24.0 billion, non-interest income of ¥20.0 billion, RORA of at least 0.5%, an OHR of approximately 65%, a total capital ratio in the 12% range, and a long-term ROE target of at least 5%. The basic policies were "Transforming the management platform through 3 reforms" and "Advanced value realization through the evolution of the business model."
Moved together

"Life-stage-based consultative sales and stronger non-face-to-face channels" moved the same way as this thread, in the same document, in 2 of its 11 moves.

222222★123456
  1. ★This thread
  2. 1Life-stage-based consultative sales and stronger non-face-to-face channels2×
  3. 2Strengthening mortgage, apartment and unsecured consumer loans2×
  4. 3Risk of a Decline in the Capital Adequacy Ratio2×
  5. 4Shareholder focus through stock compensation-type stock options2×
  6. 5Strengthening Decision-Making, Business Execution and Oversight Functions2×
  7. 6Active Initiatives for Regional Revitalization2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for The Gunma Bank yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.