Structural Reform and Accelerated Innovation
First written in FY2018. 5 of 10 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2022: 1 of 6 companies on the "Worse" side.
6 other companies' latest entry also says "Advanced".
- FY2023AdvancedAnnual report
「Through the personal banking app and corporate portal to be launched in fiscal 2023, we will promote a shift in channels from branches to online services. At the same time, we will advance digitalization by installing advanced ATMs, remote service counters, web service areas, and other facilities at branches, with expanded services available there.」
Structural reform and digitalization are being put into practice through the launch of the personal banking app and corporate portal in fiscal 2023 and the installation of advanced ATMs, remote service counters, and web service areas. - FY2022ReframedAnnual report
「Realizing and embedding the effects of the projects under the Sixth Medium-Term Management Plan, which is built on this core business, is the initial theme of the Seventh Medium-Term Management Plan. We believe that the expansion of benefits from the integration of Juhachi-Shinwa Bank and the expansion of the investment trust business, among other initiatives, will further strengthen the foundation for sustainable growth.」
The structural reform and integration projects under the Sixth Medium-Term Management Plan have been reorganized under the Seventh Medium-Term Management Plan as the realization and embedding of their benefits and the strengthening of the foundation for sustainable growth. - FY2021-Q3RestatedAnnual report
「We will accelerate the structural reforms pursued to date, invest the resources freed up in growth areas and other fields, and advance the business model through the use of digital technologies, while also developing a sales platform to support further expansion of our business domains.」
The company continues to accelerate structural reform, invest resources in growth areas, use digital technologies, advance its business model, and expand its sales platform. - FY2021-Q2RestatedAnnual report
「In fiscal 2020, based on the realization of a virtuous cycle between contributing to regional economic development and enhancing FFG's corporate value, which is set out as the basic policy of this plan, we will pursue various strategies and initiatives by positioning business transformation, establishment of a new investment trust business, Minna Bank, and the merger of The Shinkin Bank and The Eighteenth Bank as the most important strategies, and adding the response to the COVID-19 pandemic, an immediate top priority.」
The previous focus on structural reform and digitalization was continued and reorganized for fiscal 2020 as business reform, a new investment trust business, Minna Bank, the merger of Shinwa Bank and The Eighteenth Bank, and measures to address the pandemic. - FY2021-Q1ReframedAnnual report
「In fiscal 2020, based on the realization of a virtuous cycle between contributing to regional economic development and enhancing FFG's corporate value, which is set out as the basic policy of this plan, we will pursue various strategies and initiatives by positioning business transformation, establishment of a new investment trust business, Minna Bank, and the merger of The Shinkin Bank and The Eighteenth Bank as the most important strategies, and adding the response to the COVID-19 pandemic, an immediate top priority.」
The structural reform and innovation themes of previous years were reorganized for fiscal 2020 as four critical strategies, including business reform, together with measures to address the COVID-19 pandemic. - FY2020RestatedAnnual report
「In fiscal 2019, we pursued sustainable growth based on two major pillars of the growth strategy under this plan: raising the top line through structural reform, including the restructuring of business processes, advancement of the business model, and promotion of digital transformation; and maximizing synergies through the management integration with The Eighteenth Bank.」
Structural reform, digital transformation, and integration synergies continue to form the two pillars of the growth strategy under the Sixth Medium-Term Management Plan. - FY2020-Q3RestatedAnnual report
「Under this plan, as the second stage of “evolution” following the Fifth Medium-Term Management Plan (April 2016 to March 2019), we will accelerate the structural reforms undertaken to date, invest the resources generated in growth areas and other fields, and advance our business model through the use of digital technologies, thereby putting the results of the reforms into practice. At the same time, we will build a sales platform to support further expansion of our business domains.」
The company continues to accelerate structural reform, invest resources in growth areas, use digital technologies, advance its business model, and expand its sales platform. - FY2020-Q2RestatedAnnual report
「We will accelerate the structural reforms undertaken to date, invest the resources generated in growth areas and other fields, and advance our business model through the use of digital technologies, thereby putting the results of the reforms into practice.」
The policy of investing resources in growth areas and advancing the business model through structural reform and the use of digital technologies continues. - FY2020-Q1ReframedAnnual report
「Under this plan, as the second stage of “evolution” following the Fifth Medium-Term Management Plan, we will accelerate the structural reforms undertaken to date, invest the resources generated in growth areas and other fields, and advance our business model through the use of digital technologies, thereby putting the results of the reforms into practice. At the same time, we will build a sales platform to support further expansion of our business domains.」
The Sixth Medium-Term Management Plan reorganizes the “structural reform” and “accelerated innovation” themes of fiscal 2018 as accelerating structural reform, investing resources in growth areas, using digital technologies, and expanding the sales platform. - FY2018First statedAnnual report
「In fiscal 2018, the final year of the Fifth Medium-Term Management Plan, we will work to achieve FFG's growth strategy by making the reliable execution of the various initiatives set out in the plan a priority, while establishing a framework to prepare for changes in the operating environment. We will focus on two key themes: structural reform, involving a zero-based review of existing business processes and systems, and accelerated innovation through the use of advanced ICT and services.」
For fiscal 2018, the zero-based review of business processes and systems and the use of advanced ICT and services were explicitly identified as key themes for the first time.