The long era of low interest rates is coming to an end.
Interest rates have been rising.
Gone are the days when you could get a loan by turning on a water faucet.
Eventually, monetary tightening will occur.
Corporations that have used short-term loans to finance long-term funds because interest rates are low, and corporations that have easily used interest-free loans due to the coronavirus, will likely have a hard time.
Gone are the days when it was possible to refinance an unlimited amount of money over a short period of time.
The value of real estate as collateral will also begin to decline in rural areas.
The nightmare of the bursting of the real estate bubble 30 years ago comes back to life.
Koyama G’s nationwide expansion began with the revitalization of local towns after the resort bubble burst.
It was also an employment promotion project that turned into a resort.
The company moved from a short-term tourism industry to a long-term medical and nursing care business.
At the invitation of the wise mayor, Koyama G expanded into the countryside.
History repeats itself.
With a different melody.
In the past, nursing care insurance facilities were first opened for the elderly.
This time, it’s a symphony.
Playing various melodies of medical care and childcare at the same time.
Currently, all of Koyama’s corporations and facilities are in the black.
Through patience and patience, we are where we are today.
From now on, we will climb new mountains.
The visibility is poor due to the snowy mountains, but I can see the scenery.
Move forward slowly, steadily, and with steady steps.
Koyama G’s management discloses all income and expenditure borrowing information to all banks with which it does business.
Most of Koyama G’s land and building loans are covered by policy financing from the government with a 30-year long-term fixed interest rate.
In addition, we have received all interest-free loans from local governments.
We apply for and receive subsidies whenever possible to renovate aging facilities.
On top of that, we continue to have long-term relationships with banks in each region for working capital.
Business from each corporation and the first facility continues.
That trust and track record are Koyama G’s treasures.
I am proud and grateful for the management that maintains that trust.
To the local banks and local employees who have spared no effort in doing so.
The gross plan meeting for that report will continue from today until tomorrow.
I am grateful to be able to make a report that will give the bank peace of mind.
Although I was nervous, I wanted to have a smiling face at the debriefing session.
To me, it’s comparable to a general meeting of shareholders.
Pulse oximeter 97/98/98
Body temperature 36.2 Blood sugar 160
Heat from the morning sun
CEO Yasunari Koyama