Population Decline, Aging and Regional Economic Stagnation
First written in FY2016. 9 of 12 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2018: 6 of 13 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「Although the domestic economy in fiscal 2022 was subject to downward pressure from the weaker yen and higher raw material prices, it was recovering as a trend due to the easing impact of the COVID-19 pandemic and the resumption of economic activity.」
While structural regional issues, including population decline, continued to be recognized, it states that the prefectural economy recovered during the fiscal year due to the easing of restrictions on activities and other factors. - FY2021RestatedAnnual report
「With no end to the COVID-19 pandemic yet in sight, its impact on the regional economy has persisted, while we also face social issues including population decline, the declining birthrate and aging population, labor shortages at companies, and an increase in small and medium-sized enterprises going out of business due to a shortage of successors.」
It continues to recognize population decline, the declining birthrate and aging population, labor shortages and small and medium-sized enterprises going out of business due to a shortage of successors as regional issues. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It states that there were no material changes in the risks related to population decline, the declining birthrate and aging population, and stagnation of the regional economy. - FY2020WorsenedAnnual report
「Looking also at social issues, regions, particularly rural areas, face population decline and the declining birthrate and aging population, labor shortages at companies, and an increase in the number of small and medium-sized enterprises without successors going out of business, bringing the regional economy to a major turning point.」
In addition to the existing issues of population decline and the declining birthrate and aging population, it explicitly identified labor shortages and the increase in small and medium-sized enterprises going out of business due to a lack of successors as issues facing the regional economy. - FY2019RestatedAnnual report
「At the same time, we will further strengthen our “regional development and revitalization” initiatives to address regional issues, including population decline and the declining birthrate and aging population.」
It continues to recognize population decline and the declining birthrate and aging population as major regional issues. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It comprehensively states that there were no material changes in the risks related to population decline, aging and stagnation of the regional economy. - FY2018WorsenedAnnual report
「In addition, in light of the advancing population decline and aging and the relocation of major companies’ production sites overseas as a result of economic globalization, we recognize that achieving self-sustaining economic growth in the region centered on 大分 Prefecture, our operating base, is also an issue for the Bank.」
In addition to population decline and aging, it explicitly identified the relocation of major companies’ production sites overseas as pressure on the regional economy, broadening the scope of the factors contributing to these issues. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It states that there were no material changes in business and other risks, and that the risks related to population decline, aging and stagnation of the regional economy remain unchanged. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It states that there were no material changes in the risks related to population decline, aging and stagnation of the regional economy. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It states that there were no material changes in the risks related to population decline, aging and stagnation of the regional economy. - FY2017-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It states that there were no material changes in business and other risks from the previous fiscal year. - FY2016First statedAnnual report
「The many issues facing regional communities, including population decline and the sluggish growth in the number of companies」
Population decline and the sluggish growth in the number of companies in the region are identified as issues affecting the sustainability of the region and the Bank.