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The Yamagata Bank (8344) · InitiativeAdvanced

Transformation into a finance-and-industry-participation hybrid company

First written in FY2021. 2 of 5 entries say "Advanced", first in FY2022-Q3. Latest entry: FY2024.

5entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2021RestatedFY2022 – FY20232021: 120212022: 220222023: 120232024: 12024
Same theme, other companies
Transformation into a finance-and-industry-participation hybrid companyA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2024AdvancedAnnual report

    「This Long-Term Management Plan is positioned as Phase 2 toward realizing the long-term vision. Building on the transformation pursued during the previous Long-Term Management Plan, the Bank will further enhance the organization’s expertise (Pro) and improve corporate value by having each officer and employee take proactive action (Act).」

    Toward the long-term vision of becoming a finance-and-industry-participation hybrid company, the Bank transitioned from Phase 1 of the 20th Long-Term Management Plan to Phase 2 of the 21st Long-Term Management Plan, “Pro-Act”.
  2. FY2023RestatedAnnual report

    「To address regional challenges, the Bank aims to build a business model capable of providing comprehensive solutions by deepening its participation in industry beyond the financial sector.」

    Even in the final year of the 20th Long-Term Management Plan, the Bank continued its transformation into a hybrid company participating in industry beyond the financial sector.
  3. FY2022RestatedAnnual report

    「The 20th Long-Term Management Plan, “Transform” (fiscal 2021 to fiscal 2023), which began in April 2021, is positioned as Phase 1 toward realizing the long-term vision of what the Bank aims to become in 10 years. Through stronger efforts to resolve regional and customer challenges and expansion into new business areas, it is a period for pursuing a finance-and-industry-participation hybrid company that extends beyond the traditional financial sector.」

    The Bank reconfirmed the 20th Long-Term Management Plan as Phase 1 toward its long-term vision and continues its transformation into a finance-and-industry-participation company through efforts to resolve regional challenges and expand its business areas.
  4. FY2022-Q3AdvancedAnnual report

    「Under its 20th Long-Term Management Plan, “Transform” (plan period: April 2021 to March 2024), the Bank has set out the realization of a “finance-and-industry-participation hybrid company” as its long-term vision, strengthened its consulting capabilities, and actively worked to resolve customers’ problems. Through the establishment of the new investment-specialist subsidiary, the Bank has built a structure capable of providing equity-like financing (majority investments) to customers engaged in business succession, business revitalization, new businesses and regional revitalization, as well as hands-on, collaborative support, enabling it to provide even higher-quality financial services.」

    To realize a finance-and-industry-participation hybrid company, the Bank established a structure capable of executing majority investments and providing hands-on support through the establishment of an investment-specialist subsidiary.
  5. FY2021First statedAnnual report

    「As its long-term vision, the bank has set out the goal of becoming a “finance-and-industry-participation hybrid company that co-creates value with customers and maximizes regional potential” in 10 years. To address regional issues, it aims to build a business model capable of providing comprehensive solutions by deepening its participation in industry, beyond the financial sector, through collaboration with companies and investments in businesses.」

    The bank first articulated a 10-year business model that extends beyond the role of a financial institution into industry through corporate partnerships and business investments.
Moved together

"Provision of Comprehensive Financial Information Services, Including Corporate Support and Support for Individual Asset Building" moved the same way as this thread, in the same document, in 2 of its 5 moves.

22★12
  1. ★This thread
  2. 1Provision of Comprehensive Financial Information Services, Including Corporate Support and Support for Individual Asset Building2×
  3. 2Expanding deposits and entrusted financial assets to meet customer needs2×

★ 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 Yamagata Bank yet.
News
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