Deterioration in the earnings environment due to population decline, shrinking regional markets and prolonged low interest rates
First written in FY2017. 15 of 22 entries say "Restated". Latest entry: FY2026.
The Hyakujushi Bank moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 11 of 20 companies on the "Worse" side.
3 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Meanwhile, in addition to population decline and an increasingly aged population, issues related to regional sustainability are becoming more diverse and complex due to the emergence of geopolitical risks, rising inflation and increasingly sophisticated cyberattacks, resulting in major changes in the business environment.」
In addition to the previously identified factors of population decline and an increasingly aged population, geopolitical risks, inflation and increasingly sophisticated cyberattacks were added as risks to regional sustainability. - FY2026-H1RestatedAnnual report
「During the current interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The report states that no new business or other risks have arisen and that there have been no significant changes to existing risks. - FY2025-H1RestatedAnnual report
「During the current interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The report reaffirms that no new business or other risks have arisen and that there have been no significant changes to existing risks. - FY2024-Q3RestatedAnnual report
「During the nine-month cumulative consolidated period under review, there were no new business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The report reaffirms that no new business or other risks have arisen and that there have been no significant changes to existing risks. - FY2024-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
The report reaffirms that no new business or other risks have arisen and that there have been no significant changes to existing risks. - FY2024-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The report reaffirms that no new business or other risks have arisen and that there have been no significant changes to existing risks. - FY2023WorsenedAnnual report
「Meanwhile, the environment surrounding regional financial institutions is changing significantly as issues related to regional sustainability become more diverse and complex due to population decline and an increasingly aged population, as well as the transition to a decarbonized, circular society and the acceleration of the digital shift.」
In addition to population decline and an increasingly aged population, the transition to a decarbonized, circular society and the digital shift were cited as new changes and challenges in the environment. - FY2023-Q3RestatedAnnual report
「During the nine-month cumulative consolidated period under review, there were no new business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The report reaffirms that no new business or other risks have arisen and that there have been no significant changes to existing risks. - FY2023-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
The report reaffirms that no new business or other risks have arisen and that there have been no significant changes to existing risks. - FY2022WorsenedAnnual report
「In addition to the prolonged impact of COVID-19, numerous new factors that could reduce corporate earnings or increase costs were observed, including supply constraints on parts and raw materials caused by supply-chain disruptions, soaring resource prices, and the impact of emerging geopolitical risks.」
In addition to the previously identified factors of population decline, low interest rates and digitalization, supply constraints, soaring resource prices and geopolitical risks were cited as new factors reducing earnings and increasing costs. - FY2022-Q3RestatedAnnual report
「During the nine-month cumulative consolidated period under review, there were no new business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The report reaffirms that no new business or other risks have arisen and that there have been no significant changes to existing risks. - FY2022-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
The report reaffirms that no new business or other risks have arisen and that there have been no significant changes to existing risks. - FY2022-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The report states that no new business or other risks have arisen and that there have been no significant changes to existing risks. - FY2021WorsenedAnnual report
「Meanwhile, as social issues such as population decline, declining birthrates and an aging population become more serious, the environment surrounding regional financial institutions is changing significantly due to the prolonged low-interest-rate policy and nationwide progress in digitalization, creating an even greater need to transition to sustainable business models.」
In addition to population decline and low interest rates, progress in digitalization and the need to transition to sustainable business models were added as changes in the business environment. - FY2021-Q3RestatedAnnual report
「During the nine-month cumulative consolidated period under review, there were no new business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The report states that no new business or other risks have arisen and that there have been no significant changes to existing risks. - FY2021-Q1WorsenedAnnual report
「The business environment surrounding regional financial institutions is becoming increasingly difficult each year due to population decline and declining birthrates and an aging population, prolonged low-interest-rate policies, declining fund-based income resulting from intensified competition with other banks, increased credit-related expenses due to a nationwide rise in corporate bankruptcies, and entry by companies from other industries. In addition, financial services are becoming more sophisticated as technology advances, and customer needs and behavior are becoming more diverse. Regional financial institutions are therefore required to transition to new business models that respond to these changes in the environment.」
In addition to the previously identified factors of population decline and low interest rates, intensified competition, rising corporate bankruptcies, entry by companies from other industries, technological advances, and diversifying customer behavior were listed as factors making the business environment more difficult. - FY2020-Q3RestatedAnnual report
「During the nine-month cumulative consolidated period under review, there were no new business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The report reaffirms that no new business or other risks have arisen and that there have been no significant changes to existing risks. - FY2020-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
The report reaffirms that no new business or other risks have arisen and that there have been no significant changes to existing risks. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The report states that no new business or other risks have arisen and that there have been no significant changes to existing risks. - FY2019WorsenedAnnual report
「The business environment surrounding regional financial institutions is becoming increasingly difficult due to sluggish investment conditions resulting from prolonged low-interest-rate policies, widening regional disparities associated with population decline, declining birthrates and an aging population, and other factors. In addition, advances in financial services driven by technological progress and the resulting diversification of customer behavior have brought the business models of financial institutions to a major turning point.」
In addition to low interest rates, population decline, declining birthrates and an aging population, and regional disparities, technological advances and diversifying customer behavior were additionally identified as factors making the business environment more difficult. - FY2018RestatedAnnual report
「Although economic conditions have remained relatively steady, the business environment surrounding regional financial institutions is becoming increasingly difficult due to regional challenges such as population decline and declining birthrates and an aging population, as well as the prolonged ultra-low-interest-rate environment symbolized by negative interest rates.」
Population decline, declining birthrates and an aging population, and the prolonged ultra-low-interest-rate environment were reaffirmed as factors making the business environment for regional financial institutions more difficult. - FY2017First statedAnnual report
「Amid concerns over the progression of social challenges such as population decline, the environment surrounding regional financial institutions is becoming increasingly difficult, including the continued deterioration of earnings conditions due to the prolonged low-interest-rate environment.」
Population decline and the prolonged low-interest-rate environment were identified explicitly for the first time in the annual report as external factors deteriorating the earnings environment for regional financial institutions.