Risk of Regional Economic Contraction Due to Declining Birthrates, Population Aging and Population Outflows
First written in FY2017. 13 of 17 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2018: 6 of 12 companies on the "Worse" side.
9 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Over the medium to long term, the region continues to face a situation in which issues are piling up, including declining birth rates, population aging, population decline and business succession problems.」
Declining birth rates, population aging, population decline and business succession problems are still explicitly identified as structural issues facing the region. - 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 significant changes or new risks concerning the risk of regional economic contraction due to declining birth rates, population aging and population outflows. - 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 significant changes or new risks concerning the risk of regional economic contraction due to declining birth rates, population aging and population outflows. - 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 significant changes or new risks concerning the risk of regional economic contraction due to declining birth rates, population aging and population outflows. - 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 significant changes or new risks concerning the risk of regional economic contraction due to declining birth rates, population aging and population outflows. - 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 significant changes or new risks concerning the risk of regional economic contraction due to declining birth rates, population aging and population outflows. - FY2022WorsenedAnnual report
「In the Iwate Prefecture economy, our main operating area, signs of recovery continued in areas such as housing investment and employment conditions. However, in the second half of the fiscal year, personal consumption declined due to the spread of COVID-19 variants and other factors, and the recovery in the prefectural economy gradually weakened.」
In addition to the risk of regional economic contraction due to population decline and other factors, the retreat in personal consumption caused by infectious-disease variants, the situation in Ukraine, soaring resource prices and rising prices were identified as factors weighing on the regional economy. - FY2021RestatedAnnual report
「Iwate Prefecture, our principal operating area, was generally on a deteriorating trend due to the impact of COVID-19, although by the end of the fiscal year there were signs of a slight bottoming out, centered on personal consumption and production activity.」
In addition to concerns over regional economic contraction due to population decline and other factors, deterioration caused by the infectious disease continued, while signs of a bottoming out emerged in some areas by the end of the fiscal year. - FY2020WorsenedAnnual report
「However, by the end of the fiscal year, the nationwide spread of COVID-19 placed sudden negative pressure on economic activity, including a decline in consumer sentiment, creating a situation in which a substantial downturn was a concern.」
In addition to concerns over regional economic contraction due to population decline and other factors, concerns emerged over a sudden downturn in consumption and economic activity caused by COVID-19. - 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 significant changes or new risks concerning the risk of regional economic contraction due to declining birth rates, population aging, population outflows and the decline in the working-age population. - 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 concludes that there have been no significant changes or new risks concerning the risk of regional economic contraction due to declining birth rates, population outflows and the decline in the working-age population. - 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 significant changes or new risks concerning the risk of regional economic contraction due to declining birth rates, population aging, population outflows and the decline in the working-age population. - FY2018WorsenedAnnual report
「Iwate Prefecture, the Bank’s principal operating area, has passed the peak of the exceptional reconstruction demand following the Great East Japan Earthquake. With the continuing decline in the working-age population due to the falling birth rate, population ageing and the outflow of people to urban areas, concerns over a contraction in the scale of the economy are becoming a reality.」
The company newly states that reconstruction demand has passed its peak, emphasizing the challenging regional environment together with concerns over economic contraction due to declining birth rates, population aging and population outflows. - 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 significant changes or new risks concerning the risk of regional economic contraction due to declining birth rates, population aging, population outflows and the decline in the working-age population. - 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 significant changes or new risks concerning the risk of regional economic contraction due to declining birth rates, population aging, population outflows and the decline in the working-age population. - 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 significant changes or new risks concerning the risk of regional economic contraction due to declining birth rates, population aging, population outflows and the decline in the working-age population. - FY2017First statedAnnual report
「The decline in the working-age population due to declining birth rates, population aging and continued population outflows to urban areas is raising concerns that the economic scale will contract, and those concerns are becoming a reality.」
Declining birth rates, population aging, population outflows to urban areas and the decline in the working-age population are explicitly identified as new risks in the operating environment that could lead to a contraction in the regional economy.