Economic Deterioration Driven by Geopolitical Risks and Surging Resource Prices
First written in FY2022. 5 of 8 entries say "Restated". Latest entry: FY2026.
The Gunma Bank moved to the "Worse" side of this theme in 2025, 1 year after the typical company in this theme (2024).
The whole theme swung hardest in 2025: 45 of 80 companies on the "Worse" side.
49 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Other The occurrence of events beyond the control of the Bank Group, such as large-scale natural disasters, crime, the spread of infectious diseases, terrorist acts, the emergence of geopolitical risks, and a worsening of impacts resulting from US tariff measures, could adversely affect the Bank Group's financial and operational performance.」
The worsening of impacts resulting from US tariff measures was explicitly identified as an external environmental risk, in addition to the previously identified geopolitical risks and other risks. - FY2025WorsenedAnnual report
「Other The occurrence of events beyond the control of the Bank Group, such as large-scale natural disasters, crime, the spread of infectious diseases, terrorist acts, the emergence of geopolitical risks, and a worsening of impacts resulting from US tariff measures, could adversely affect the Bank Group's financial and operational performance.」
The worsening of impacts resulting from US tariff measures was explicitly identified as an external environmental risk, in addition to the previously identified risks of geopolitical tensions and soaring resource prices. - FY2025-H1RestatedAnnual report
「No new business or other risks arose during the interim consolidated accounting period. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The disclosure states that there have been no new developments or significant changes relating to the deterioration of economic conditions caused by geopolitical risks and soaring resource prices. - FY2024-Q3RestatedAnnual report
「The prefectural economy recovered, although the impact of higher resource prices remains.」
The disclosure states that the prefectural economy recovered despite the continuing impact of higher resource prices, and continues to indicate uncertainty in the external environment, including soaring resource prices. - FY2024-Q1RestatedAnnual report
「The prefectural economy recovered despite being affected by higher resource prices and supply constraints.」
The disclosure states that the prefectural economy recovered despite the impact of higher resource prices and supply constraints, and continues to indicate uncertainty in the external environment. - FY2023RestatedAnnual report
「Looking at conditions in the region, it faces a range of social issues, including population decline, the declining birthrate and aging population, the emergence of geopolitical risks, and the need to respond to decarbonization.」
The disclosure continues to identify uncertainty in the external environment, including the emergence of geopolitical risks, as an issue facing the region. - FY2023-Q2RestatedAnnual report
「Although personal consumption was affected by higher prices resulting from soaring energy prices and the weaker yen, it recovered moderately.」
The disclosure states that higher prices resulting from soaring energy prices and the weaker yen are affecting personal consumption, and continues to indicate uncertainty in the economic environment, including geopolitical risks and soaring resource prices. - FY2022First statedAnnual report
「The Japanese economy remains in an uncertain environment, as the impact of the COVID-19 pandemic has been prolonged and global inflation has resulted from heightened geopolitical risks and soaring resource prices.」
Identified the prolonged pandemic, geopolitical risks, soaring resource prices and global inflation as new sources of uncertainty in the operating environment.