Concern over the contraction of Yamanashi Prefecture’s economy due to population decline
First written in FY2017. 3 of 5 entries say "Worsened", first in FY2018. Latest entry: FY2025.
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- FY2025RestatedAnnual report
「The financial industry is expected to see greater earnings opportunities as the Bank of Japan raises its policy rate, but the economic environment surrounding the bank is becoming more uncertain, owing to factors including a shrinking labor force due to the declining birthrate and population aging, and rising prices against a backdrop of yen depreciation and the prolonged situations in Ukraine and the Middle East.」
Uncertainty in the operating environment, including population decline and a shrinking labor force, continued to be noted. - FY2020WorsenedAnnual report
「Meanwhile, population decline and labor shortages caused by the declining birthrate, population aging and the outflow of younger people to other prefectures, as well as the resulting contraction in economic scale, have become major social issues.」
In addition to the contraction in economic scale due to population decline, the declining birthrate, population aging, outflow of younger people and labor shortages continued to be identified and were described in more specific terms as social issues. - FY2019WorsenedAnnual report
「Meanwhile, population decline and labor shortages caused by the declining birthrate, population aging and the outflow of younger people to other prefectures have become major social issues.」
In addition to the previous concern that population decline would contract the economic scale, the declining birthrate, population aging, outflow of younger people to other prefectures and labor shortages were explicitly identified. - FY2018WorsenedAnnual report
「In Yamanashi Prefecture, transport infrastructure is being developed and expanded, including the opening of the Chubu-Odan Expressway through to Shizuoka Prefecture and the launch of the Linear Chuo Shinkansen, while the population has fallen below 820,000, raising concerns about a contraction in economic scale due to population decline.」
The reference to Yamanashi Prefecture's population was updated from below 830,000 to below 820,000, while concerns about a contraction in economic scale due to population decline continue. - FY2017First statedAnnual report
「In Yamanashi Prefecture, major national projects such as the Linear Chuo Shinkansen project are progressing, while the population has fallen below 830,000, raising concerns about a contraction in economic scale as the population-decline society takes hold.」
It is explicitly noted that Yamanashi Prefecture's population has fallen below 830,000 and that population decline is expected to contract the economic scale.