Recovery in the prefectural economy, led by the corporate sector
First written in FY2018-Q2. 4 of 16 entries say "Worsened", first in FY2020. Latest entry: FY2026.
1 other company's latest entry also says "Other".
- FY2026Recovery maintained, adjustment in the latter halfAnnual report
「The economy of Yamagata Prefecture, the main operating base of our banking group, maintained a moderate recovery overall. Corporate production activity initially remained firm, mainly in electronic components, devices and chemicals, which were relatively little affected by US tariff policy, but shifted to an adjustment phase toward the second half.」
The prefectural economy maintained a moderate recovery, but corporate production activity shifted to an adjustment phase in the second half of the fiscal year. - FY2026-H1MitigatedAnnual report
「In the economy of Yamagata Prefecture, the main operating base of our banking group, personal consumption struggled to grow against a backdrop of rising prices, but corporate production activity continued to recover overall, partly because the impact of US tariff measures on electronic components, devices and other products was relatively limited.」
Although personal consumption struggled to grow due to rising prices, the assessment indicated that the prefectural economy continued to recover, led mainly by corporate production activity, partly because the impact of US tariff measures was relatively limited. - FY2025-H1WorsenedAnnual report
「In the economy of Yamagata Prefecture, the main operating base of our banking group, rising prices weighed on consumer sentiment and personal consumption remained broadly flat, while corporate production activity weakened due to sluggish exports of goods to China and weak automobile-related production, causing signs of stagnation to spread somewhat in the recovery.」
Against a backdrop of rising prices weighing on consumer sentiment, sluggish exports to China and weak automobile-related production, signs of stagnation spread in the recovery of the prefectural economy. - FY2024WorsenedAnnual report
「Although the economy of Yamagata Prefecture, our main operating base, maintained a moderate recovery, signs of stagnation in the recovery spread in the second half as corporate production activity weakened, mainly in electronic components and devices and general-purpose, production-use and business-use machinery, due to sluggish exports and other factors.」
The Yamagata Prefecture economy maintained its recovery, but corporate production activity weakened against a backdrop of sluggish exports and other factors, and signs of stagnation in the recovery spread in the second half of the fiscal year. - FY2024-Q2Corporate production activity uneven; recovery led mainly by personal consumptionAnnual report
「The economy of Yamagata Prefecture, the main operating base of our banking group, also saw corporate production activity move unevenly, owing to the end of the growth phase in the mainstay electronic components and devices sector, but recovered overall, led mainly by personal consumption.」
In the prefectural economy, corporate production activity moved unevenly as growth in the mainstay electronic components and devices sector peaked, while the economy as a whole continued to recover, led mainly by personal consumption. - FY2023RestatedAnnual report
「Although some weakness was evident, the economy of Yamagata Prefecture, our main operating base, followed a path of recovery overall.」
The assessment was reaffirmed that, despite some weakness, the prefectural economy continued to recover overall. - FY2023-Q2Recovery continues, with some weaknessAnnual report
「Although some weakness was evident, the economy of Yamagata Prefecture, the main operating base of our banking group, continued to recover overall, driven by corporate production activity.」
The assessment changed from the slowdown in the pace of recovery noted in the second half of the previous fiscal year to continued recovery driven by corporate production activity. At the same time, some weakness was noted, including a decline in residential investment and broadly flat personal consumption. - FY2022Recovery slowedAnnual report
「The economy of Yamagata Prefecture, the main operating base of our banking group, followed a path of moderate recovery, led mainly by corporate production activity, but the slowdown in the pace of recovery became more pronounced in the second half.」
While the assessment improved from the severe situation in the previous fiscal year to moderate recovery, a slowdown in the pace of recovery was noted in the second half of the fiscal year. - FY2022-Q2MitigatedAnnual report
「The economy of Yamagata Prefecture, the main operating base of our banking group, also continued to recover moderately overall despite the impact of the spread of COVID-19, as did the Japanese economy.」
Although the impact of the spread of COVID-19 remained, the assessment of the Yamagata Prefecture economy changed from the severe situation in the previous fiscal year to continued moderate recovery. - FY2021Recovery in the second half, restrictions reinstated at fiscal year-endAnnual report
「The economy of Yamagata Prefecture, the main operating base of our banking group, also entered a severe situation due to the spread of COVID-19, like the Japanese economy, but signs of recovery emerged in the second half.」
While the severe situation caused by the spread of COVID-19 continued, production and consumption recovered in the second half, but economic activity was restricted again at fiscal year-end due to the renewed spread of infections within the prefecture. - FY2021-Q2WorsenedAnnual report
「The economy of Yamagata Prefecture, the main operating base of our banking group, also entered a severe situation, like the Japanese economy, due to the spread of COVID-19. Corporate production activity declined sharply across many industries, including the mainstay electronic components and devices sector, as a result of shrinking domestic and overseas demand and disruptions in business transactions, while capital investment also remained weak.」
The assessment of the Yamagata Prefecture economy changed from flat in the previous fiscal year to a severe situation due to the impact of COVID-19. Corporate production activity declined sharply across many industries, while capital investment also remained weak. - FY2020WorsenedAnnual report
「The economy of Yamagata Prefecture, the main operating base of our banking group, weakened in both production and demand, and declined further toward the end of the fiscal year due to the impact of COVID-19.」
The assessment of the prefectural economy changed from flat in the previous fiscal year to weakness in both production and demand, with a further decline at the end of the fiscal year due to the impact of COVID-19. - FY2020-Q2RestatedAnnual report
「The economy of Yamagata Prefecture, the main operating base of our banking group, remained broadly flat overall, although corporate production activity showed weakness.」
The assessment that the Yamagata Prefecture economy remained flat was maintained, with specific reference to weakness in corporate production activity, signs that capital investment had peaked, and broadly flat personal consumption. - FY2019From recovery to broadly flatAnnual report
「Overall, the economy in Yamagata Prefecture, the Group's main operating base, remained broadly flat amid slowing momentum in corporate production activity.」
The assessment changed from a recovery led by corporate production activity in the previous fiscal year to a broadly flat outlook against a backdrop of slowing momentum in corporate production activity. - FY2018RestatedAnnual report
「The economy within the prefecture, the Group's main operating base, continued to recover, driven by corporate production activity.」
The Bank indicated that the prefectural economy continued to recover, driven by corporate production activity. - FY2018-Q2First statedAnnual report
「The prefectural economy, our principal operating base, continued to recover, led mainly by the corporate sector.」
The bank recognized continued recovery in the Yamagata prefectural economy, led mainly by the corporate sector.