Fostering Regional Industries and Promoting Regional Revitalization
First written in FY2016. 6 of 7 entries say "Advanced", first in FY2017. Latest entry: FY2026.
1 other company's latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Enhancing the region’s “earning power” and “growth potential” by leveraging the Bank Group’s human resources, expertise, and external networks」
The Bank has reorganized and expanded its regional industry support from leveraging regional resources such as renewable energy, agriculture, forestry and fisheries, and tourism to enhancing the region’s “earning power” and “growth potential” through an area platform. - FY2023AdvancedAnnual report
「The Bank Group aims to create new value in the region and achieve a prosperous, vibrant, and sustainable local community by working with regional businesses and local governments, not missing opportunities arising from changes in the industrial structure, and leveraging the strengths of Iwate’s distinctive regional resources, including renewable energy, agriculture, forestry and fisheries, and tourism, to unlock further potential.」
The scope of regional revitalization has expanded from the previous focus on business succession, M&A, tourism, and food products to industrial structural transformation leveraging Iwate’s distinctive regional resources, including renewable energy, agriculture, forestry and fisheries, and tourism. - FY2021AdvancedAnnual report
「In addition to supporting financing through loans and other means, the Bank will strengthen initiatives centered on Iwagin Consulting Co., Ltd. for business succession, M&A, and management improvement, thereby supporting solutions to issues such as securing local employment and maintaining technical capabilities and brands. In addition, because nurturing new business opportunities such as entrepreneurship, start-ups, and the development of new businesses is important for the sustainable growth and development of the region, the Bank will support companies and entrepreneurs taking on innovation for the region through Iwagin Business Creation Capital Co., Ltd., a venture capital firm, and further strengthen support for business matching that can lead to new businesses.」
The Bank has expanded its regional revitalization measures beyond business succession, M&A, and management improvement for local companies to include entrepreneurship and start-ups, development of new businesses, venture investment, business matching, and the expansion of tourism and food products outside the region. - FY2020AdvancedAnnual report
「As part of initiatives based on partnership agreements on regional revitalization concluded with 27 municipalities in Iwate Prefecture, the Bank has held study tours for foreign students since fiscal 2017. In fiscal 2019, it held the tours in Sumita, Rikuzentakata, and Ofunato.」
The partnership agreements on regional revitalization expanded to cover 27 municipalities, and the Bank is also pursuing regional revitalization through tourism study tours for foreign students and the use of cultural heritage. - FY2018AdvancedAnnual report
「The Bank is advancing “understanding the business,” an initiative to strengthen the regional economy and industries by recognizing and analyzing customers’ current circumstances and issues, evaluating their business activities and growth potential, and supporting efforts to enhance corporate value.」
The Bank specified support for the regional economy and industries through “understanding the business,” which evaluates customers’ business activities and growth potential. - FY2017AdvancedAnnual report
「The Bank newly entered into partnership agreements on regional revitalization with 15 municipalities in Iwate Prefecture and strengthened support for initiatives such as regional revitalization through the use of vacant homes. The Bank also entered into a business cooperation agreement on support for tourism promotion projects with Aomori Bank, Akita Bank, The 77 Bank, Yamagata Bank, Toho Bank, and Development Bank of Japan.」
The Bank expanded its partnerships with local governments to 15 municipalities and established a structure for initiatives involving tourism promotion, the use of vacant homes, and industry-academia-finance collaboration. - FY2016First statedAnnual report
「In June of the same year, the Bank established the Iwate New Business Creation Fund 1 Limited Partnership for Investment, jointly capitalized by Tatsuzawa Gakkan Educational Institution, Tsuji Hongo Tax Accountant Corporation, and others, and provided investments and loans to 4 companies expected to contribute to economic revitalization in Iwate Prefecture. In addition, in February 2016, it established the Iwagin Agricultural Corporation Investment Limited Partnership jointly capitalized with the Japan Finance Corporation as an initiative to promote growth in agriculture, a major industry in Iwate Prefecture」
It describes regional revitalization measures through a business creation fund, an agricultural corporation fund, and partnership agreements with local governments and private companies.