Competitive risk from entry by other financial institutions and non-financial companies
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2025.
The Chiba Kogyo 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: 11 of 21 companies on the "Worse" side.
3 other companies' latest entry also says "Reframed".
- FY2025ReframedAnnual report
「In response to this competitive environment, the bank formulated a new medium-term management plan in April 2025, the Happy Design Kizuna Project 2028 — Path to Evolution — as a specific strategy for realizing its long-term management vision.」
The response to intensifying competition has been reorganized around the implementation of strategies and initiatives and progress management under the new medium-term management plan, the Happy Design Kizuna Project 2028. - FY2022RestatedAnnual report
「Deregulation and other factors have made it possible for companies from other industries to enter the financial services business, potentially intensifying competition in the financial industry. In response to this competitive environment, the bank launched a new medium-term management plan in April 2022, the Happy Design Kizuna Project 2025 — 1st Stage Toward Establishing the CKB Community — and will pursue various strategies and initiatives.」
The company continues to identify intensifying competition from other financial institutions and other industries as a risk and describes its response through the new medium-term management plan. - FY2018RestatedAnnual report
「Deregulation and other factors have made it possible for companies from other industries to enter the financial services business, potentially intensifying competition in the financial industry.」
The company continues to identify intensifying competition from other financial institutions and entrants from other industries as a risk. - FY2017RestatedAnnual report
「Other financial institutions are also actively expanding their sales activities. In addition, deregulation and other factors have made it possible for companies from other industries to enter the financial services business, potentially intensifying competition in the financial industry.」
The company continues to identify intensifying competition from other financial institutions and entrants from other industries as a risk. - FY2016First statedAnnual report
「If the bank is unable to respond adequately to competition in this competitive environment, its business performance and financial position could be adversely affected.」
While identifying Chiba Prefecture as a promising market, the company cites competition from other financial institutions and entrants from other industries as a risk.