Market contraction due to population decline and an ageing society
First written in FY2016. 6 of 9 entries say "Worsened", first in FY2017. Latest entry: FY2026.
FIDEA Holdings moved to the "Worse" side of this theme in 2017, 5 years before the typical company in this theme (2022).
The whole theme swung hardest in 2018: 6 of 12 companies on the "Worse" side.
7 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「In addition to structural issues such as population decline and aging, the environment surrounding the regional economy remains challenging due to rising labor costs associated with labor shortages and advancing inflation.」
In addition to population decline and aging, labor shortages, rising labor costs and inflation are newly identified as factors making conditions for the regional economy more challenging. - FY2022RestatedAnnual report
「The Tohoku region faces structural issues including population decline and aging, and there are concerns that the regional economy's extremely difficult conditions will persist for an extended period due to the spread of COVID-19. In addition, the operating environment for regional financial institutions remains increasingly challenging due to factors including a decline in the number of business establishments in the region, the prolonged negative-interest-rate environment and changes in the competitive landscape resulting from entry by companies from other industries.」
The company continues to recognize the region's structural issues, including population decline, aging and a decline in the number of business establishments, as well as the challenging operating environment. - FY2022-Q1WorsenedAnnual report
「However, in recent years, the growing impact on regional economies of structural issues facing society, including population decline and aging」
The disclosure explicitly states that the impact on regional economies of the structural issues of population decline and aging is increasing. - FY2021WorsenedAnnual report
「The Tohoku region faces structural issues including population decline and aging, and there are concerns that the regional economy's difficult conditions will persist for an extended period due to the spread of COVID-19. In addition, the operating environment for regional financial institutions remains increasingly challenging due to factors including a decline in the number of business establishments in the region, the prolonged negative-interest-rate environment and changes in the competitive landscape resulting from entry by companies from other industries.」
In addition to population decline, aging and COVID-19, the disclosure explicitly identifies the decline in the number of business establishments in the region as a structural issue, and states that the environment for regional financial institutions remains challenging. - FY2020WorsenedAnnual report
「The Tohoku region faces structural issues including population decline and aging, while the regional economy is expected to remain extremely difficult for an extended period due to the spread of COVID-19, and the operating environment for regional financial institutions is becoming increasingly challenging.」
In addition to the structural issues of population decline and aging, the disclosure describes the long-term difficulties facing the regional economy due to the spread of COVID-19. - FY2019RestatedAnnual report
「The operating environment for regional financial institutions is becoming increasingly challenging as regional economies face structural issues associated with population decline, including the prolonged negative-interest-rate environment and changes in the competitive landscape resulting from entry by companies from other industries.」
The company continues to recognize the structural issues facing the regional economy as a result of population decline, but this is not a statement identifying a new deterioration from the previous fiscal year. - FY2018WorsenedAnnual report
「The operating environment for regional financial institutions is becoming increasingly challenging as regional economies face structural issues associated with population decline, including the prolonged negative-interest-rate environment and changes in the competitive landscape resulting from entry by companies from other industries.」
Population decline continues to be identified as a structural issue for regional economies, and the disclosure states that the operating environment is becoming increasingly challenging. - FY2017WorsenedAnnual report
「During the 3-year period through fiscal 2019, the period covered by the Third Medium-Term Management Plan, the operating environment is expected to become increasingly challenging due to factors including population decline in regional areas, accelerating declines in the birth rate and population aging, the continuation of monetary easing policies, and rising uncertainty in the global economy.」
Accelerating population decline and the declining birth rate and population aging are described as factors expected to make the operating environment increasingly challenging. - FY2016First statedAnnual report
「The Tohoku region faces structural challenges, including population decline and the arrival of an aging society, and the market is expected to contract over the longer term.」
The demographics and aging of the company's main operating region are presented as structural risks that could lead to future market contraction.