Risk of Strategic Failure or Inability to Execute under the Medium-Term Management Plan
First written in FY2022. 5 of 7 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2026: 9 of 10 companies on the "Worse" side.
12 other companies' latest entry also says "Restated".
- 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.」
The company states that there have been no significant changes or new risks relating to the risk that the medium-term management plan's strategy will fail or prove impossible to execute. - FY2024ReframedAnnual report
「Under the medium-term management plan “BRANDING THE KITAGIN QUALITY 2027 ～Creating a Sustainable Future Together, a Financial Services Company Solving Challenges～,” covering April 2023 to March 2027, the company has established five basic policies and aims to make Iwate and the Tohoku region, its core operating base, more prosperous.」
The scope of the risk of strategic failure or inability to execute shifted from Design The Future:2023 to the new medium-term management plan, which identified specific execution uncertainties involving mortgage loan centers, head-office operations, and the relocation and reallocation of branches and personnel. - 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.」
The company states that there have been no significant changes or new risks relating to the risk that the medium-term management plan's strategy will fail or prove impossible to execute. - 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.」
The company states that there have been no significant changes or new risks relating to the risk that the medium-term management plan's strategy will fail or prove impossible to execute. - 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.」
The company states that there have been no significant changes or new risks relating to the risk that the medium-term management plan's strategy will fail or prove impossible to execute. - 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.」
The company states that there have been no significant changes or new risks relating to the risk that the medium-term management plan's strategy will fail or prove impossible to execute. - FY2022First statedAnnual report
「Even if a strategy is executed, it may fail to produce the expected results, or the strategy itself may prove impossible to execute and require revision, potentially adversely affecting the operations, results of operations and financial condition of our group.」
For the five basic strategies of Design The Future:2023, failure to achieve the expected results and inability to execute were described as standalone risks. Measures affected by the external environment, such as strengthening market investment capabilities and optimizing branch locations, were cited as examples, with PDCA and rolling plans identified as responses.