Message from the President
I would like to express our sincere gratitude to all of you for your generous support.
In order to continue to be an 'indispensable financial group for the community' as stated in our management philosophy, Concordia Financial Group commenced the medium-term management plan in April 2022, updating our vision to become 'a solution company rooted in communities and selected as a partner to walk together', based on our commitment to becoming the closest partner for customers and regional communities by sincerely addressing issues faced by them, by broadening the range and increasing the quality of our solutions.
Looking at the business environment surrounding our company, geopolitical risks such as the situation in Ukraine and Palestine continue to be a concern globally, and Japan is also undergoing major changes, with the yen historically weak and stock prices rising. There are also further changes such as an even higher cost of living, a worsening labor shortage, the lifting of the negative interest rate policy, the abolition of yield curve control, and other changes in monetary policy.
Under these circumstances, in FY2024, the final year of the medium-term management plan, we will realize the results of the reforms we have implemented so far and steadily achieve the aims of the medium-term management plan, leading to further growth toward our vision. Specifically, we will press forward with the measures set forth under the three basic themes of "Growth," "Change,” and "Sustainability" toward our transformation into a solution company. We will pursue the deepening and expansion of the solution business by strengthening financial intermediary functions through business integration with THE KANAGAWA BANK, and strengthen our management foundation by enhancing human investment based on human resource strategy, establishing sustainability management to solve local community issue and addressing "sophistication of governance.”
We will continue to strive to provide services that exceed customer expectations and enhance corporate value through sustainable growth, thereby contributing to the sustainable development of regional communities and strengthening shareholder returns through steady profit growth.
We look forward to your continued support.
April 2024
Concordia Financial Group, Ltd.
President and Representative Director
