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Bank of The Ryukyus,Limited (8399) · RiskRestated

Risk of Business Strategies Failing to Deliver

First written in FY2021. 3 of 5 entries say "Restated". Latest entry: FY2023-Q3.

5entries
3years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2021 – FY2022-Q2RestatedFY2023-Q1 – FY2023-Q32021: 220212022: 220222023: 12023
Same theme, other companies
Business strategy failure due to inadequate response to competitive and environmental changesA theme 10 companies write about · 10 as a headwind · 0 as a tailwind

4 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2023-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no material changes or newly arising risks from those described in the annual securities report for the previous fiscal year regarding business and other risks that could materially affect investors' decisions.」

    The disclosure reconfirms that there have been no significant changes or new risks from the prior year's disclosure concerning the risk that business strategies may fail to produce results.
  2. FY2023-Q1RestatedAnnual report

    「During the cumulative first quarter under review, there were no material changes or newly arising risks from those described in the annual securities report for the previous fiscal year regarding business and other risks that could materially affect investors' decisions.」

    The disclosure reconfirms that there have been no significant changes or new risks from the prior year's disclosure concerning the risk that business strategies may fail to produce results.
  3. FY2022MitigatedAnnual report

    「For new businesses, we decide whether to invest after thoroughly considering the future prospects of the business and the proportion of the new investment amount to the bank's total assets. Accordingly, even if the risk that a business strategy will fail to produce results materialises, we believe its impact will be limited.」

    The disclosure specified a management approach under which investment decisions are made after considering the future prospects of new businesses and the proportion of the investment amount, and explained that the impact of the risk would be limited.
  4. FY2022-Q2RestatedAnnual report

    「During the cumulative second quarter under review, there were no material changes or newly arising risks from those described in the annual securities report for the previous fiscal year regarding business and other risks that could materially affect investors' decisions.」

    The disclosure states that there have been no significant changes or new risks from the prior year's disclosure concerning the risk that business strategies may fail to produce results.
  5. FY2021First statedAnnual report

    「We implement various business strategies to strengthen our earnings power. However, if competition with businesses in multiple industries resulting from deregulation or other external factors arises, these strategies may fail to produce results, fail to deliver the results initially anticipated, or require changes, potentially affecting the financial condition and operating results of our group.」

    The disclosure newly identified the risk that new businesses and other initiatives intended to strengthen earnings power may fail to produce the expected results due to competition or external factors. It states that future prospects and the proportion of the investment amount will be considered when making new investments.
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Risk of Business Strategies Failing to Deliver | Bank of The Ryukyus,Limited (8399) | Komori