Risk of net interest margin compression due to negative interest rates
First written in FY2016. 17 of 22 entries say "Restated". Latest entry: FY2026.
The Kita-Nippon Bank moved to the "Worse" side of this theme in 2026, 7 years after the typical company in this theme (2019).
0 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「In financial markets, the shift toward a "world with interest rates" advanced further, as the Bank of Japan raised its policy rate by 0.25 percentage points to 0.75% in December.」
The explanation has shifted from the previous environment of narrower interest margins under the negative interest rate policy to one premised on a transition to a "world with interest rates," accompanied by higher policy rates and increased interest paid on deposits. - FY2025-H1RestatedAnnual report
「During the six months ended 30 September, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies, among the matters concerning the business and financial conditions described in the interim securities report, or in the business and other risks of the Bank Group (the Bank and its consolidated subsidiaries) described in the annual securities report for the previous fiscal year. Nor were there any matters relating to newly arisen business and other risks.」
It states that there have been no material changes or new risks among the major risks, including narrower interest margins resulting from negative interest rates and the low-interest-rate environment. - FY2024ReframedAnnual report
「In response to the lifting of the negative interest rate policy and the Nikkei Stock Average reaching a new all-time high, volatility in financial markets has been increasing, and we recognize that there is a high likelihood that the risk in question will materialize.」
The focus has shifted from the previous explanation of narrower interest margins under negative interest rates to earnings risks arising from the low-interest-rate environment following the lifting of negative interest rates and increased market volatility. - FY2024-Q3RestatedAnnual report
「During the nine months ended 31 December, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies, among the matters concerning the business and financial conditions described in the quarterly securities report, or in the business and other risks of the Bank Group described in the annual securities report for the previous fiscal year. Nor were there any matters relating to newly arisen business and other risks.」
It states that there have been no material changes or new risks among the major risks, including the risk of narrower interest margins due to low and negative interest rates. - FY2024-Q2RestatedAnnual report
「During the six months ended 30 September, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies, among the matters concerning the business and financial conditions described in the quarterly securities report, or in the business and other risks of the Bank Group described in the annual securities report for the previous fiscal year. Nor were there any matters relating to newly arisen business and other risks.」
It states that there have been no material changes or new risks among the major risks, including the risk of narrower interest margins due to low and negative interest rates. - FY2024-Q1RestatedAnnual report
「During the first three months of the current fiscal year, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies, among the matters concerning the business and financial conditions described in the quarterly securities report, or in the business and other risks of the Bank Group (the Bank and its consolidated subsidiaries) described in the annual securities report for the previous fiscal year. Nor were there any matters relating to newly arisen business and other risks.」
It states that there have been no material changes or new risks among the major risks, including the risk of narrower interest margins due to low and negative interest rates. - FY2023-Q1RestatedAnnual report
「During the first three months of the current fiscal year, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies, among the matters concerning the business and financial conditions described in the quarterly securities report, or in the business and other risks of the Bank Group (the Bank and its consolidated subsidiaries) described in the annual securities report for the previous fiscal year. Nor were there any matters relating to newly arisen business and other risks.」
It states that there have been no material changes or new risks among the major business and other risks, including those related to negative interest rates and the low-interest-rate environment. - FY2021RestatedAnnual report
「The management environment surrounding the Bank is expected to remain challenging due to the prolonged low-interest-rate environment and the current lack of visibility regarding the end of the COVID-19 pandemic.」
The prolonged low-interest-rate environment and the challenging earnings environment, in which the end of the infectious disease pandemic remains unforeseeable, continue to be treated as management premises. - FY2020WorsenedAnnual report
「The management environment surrounding the Bank is expected to remain challenging due to the prolonged low-interest-rate environment and concerns over a slowdown in the regional economy.」
In addition to the prolonged low-interest-rate environment, concerns over a slowdown in the regional economy were identified as factors making the earnings environment more challenging. - FY2020-Q1RestatedAnnual report
「During the first three months of the current fiscal year, there were no material changes in the business and other risks of the Bank Group (the Bank and its consolidated subsidiaries) described in the annual securities report for the previous fiscal year. Nor were there any matters relating to newly arisen business and other risks.」
It states that there have been no material changes or new risks relating to business and other risks, including the risk of narrower interest margins due to negative interest rates. - FY2019RestatedAnnual report
「The management environment surrounding the Bank remains challenging due to the prolonged low-interest-rate environment.」
The prolonged low-interest-rate environment and challenging earnings environment continue to be treated as management premises. - FY2019-Q3RestatedAnnual report
「During the nine months ended 31 December, there were no material changes in the business and other risks of the Bank Group (the Bank and its consolidated subsidiaries) described in the annual securities report for the previous fiscal year. Nor were there any matters relating to newly arisen business and other risks.」
It states that there have been no material changes or new risks relating to business and other risks, including the risk of narrower interest margins due to negative interest rates. - FY2019-Q2RestatedAnnual report
「During the six months ended 30 September, there were no material changes in the business and other risks of the Bank Group (the Bank and its consolidated subsidiaries) described in the annual securities report for the previous fiscal year. Nor were there any matters relating to newly arisen business and other risks.」
It states that there have been no material changes or new risks relating to business and other risks, including the risk of narrower interest margins due to negative interest rates. - FY2018-Q3RestatedAnnual report
「During the nine months ended 31 December, there were no material changes in the business and other risks of the Bank Group described in the annual securities report for the previous fiscal year. Nor were there any matters relating to newly arisen business and other risks.」
It states that there have been no material changes or new risks relating to business and other risks, including the risk of narrower interest margins due to negative interest rates. - FY2018-Q2RestatedAnnual report
「During the six months ended 30 September, there were no material changes in the business and other risks of the Bank Group (the Bank and its consolidated subsidiaries) described in the annual securities report for the previous fiscal year. Nor were there any matters relating to newly arisen business and other risks.」
It states that there have been no material changes or new risks relating to business and other risks, including the risk of narrower interest margins due to negative interest rates. - FY2018-Q1RestatedAnnual report
「During the first three months of the current fiscal year, there were no material changes in the business and other risks of the Bank Group (the Bank and its consolidated subsidiaries) described in the annual securities report for the previous fiscal year. Nor were there any matters relating to newly arisen business and other risks.」
It states that there have been no material changes or new risks relating to business and other risks, including the risk of narrower interest margins due to negative interest rates. - FY2017RestatedAnnual report
「In financial markets, long-term interest rates remained low as the Bank of Japan's negative interest rate policy continued, at one point falling to around negative 0.300%.」
The risk of narrower interest margins due to the negative interest rate policy and low interest rates continues to be cited in the description of the market environment. - FY2017WorsenedAnnual report
「In addition to the Bank of Japan's introduction of a negative interest rate policy, the environment surrounding the Bank's management remains more challenging than ever.」
The management environment, including the negative interest rate policy, is described as being in an "unprecedentedly challenging situation," indicating heightened concern over the earnings environment, including narrower interest margins. - FY2017-Q3RestatedAnnual report
「During the nine months ended 31 December, there were no material changes in the business and other risks of the Bank Group described in the annual securities report for the previous fiscal year. Nor were there any matters relating to newly arisen business and other risks.」
It concludes that there have been no material changes or new risks relating to business and other risks, including the risk of narrower interest margins due to negative interest rates. - FY2017-Q2RestatedAnnual report
「During the six months ended 30 September, there were no material changes in the business and other risks of the Bank Group (the Bank and its consolidated subsidiaries) described in the annual securities report for the previous fiscal year. Nor were there any matters relating to newly arisen business and other risks.」
It concludes that there have been no material changes or new risks relating to business and other risks. - FY2017-Q1RestatedAnnual report
「During the first three months of the current fiscal year, there were no material changes in the business and other risks of the Bank Group (the Bank and its consolidated subsidiaries) described in the annual securities report for the previous fiscal year. Nor were there any matters relating to newly arisen business and other risks.」
It concludes that there have been no material changes or new risks relating to business and other risks. - FY2016First statedAnnual report
「At present, as the introduction of a negative interest rate policy has continued to narrow interest margins through lower yields on funds invested, including loans, the operating environment remains one in which the impact on performance is a concern.」
The introduction of the negative interest rate policy is expressly identified as an earnings risk arising from the external environment.