This paper describes the effect of non-coaxiality arising from materia
l anisotropy on bifurcation phenomena such as shear band formation. Th
e elasto-plastic model originally proposed by Sekiguchi and Ohta [7] i
s one of the typical models which include anisotropy and it is used to
examine the effect of anisotropy on shear band formation. First, we s
hall extend this elasto-plastic model for infinitesimal strain to a mo
del for finite strain and discuss the mathematical structure of this m
odel. The stress induced anisotropy is found to bring about a vertex-l
ike effect, such as the non-coaxiality between the Cauchy stress tenso
r and a plastic stretching tensor, into the constitutive relation. The
n, we shall examine the effect of this non-coaxiality on bifurcation c
onditions in relation to the material rigidity which changes with the
angle of simple shear. Finally, it will be concluded that this non-coa
xiality arising from the anisotropy does not contribute much to trigge
ring instability by localization of the deformations which result in s
hear band formation, while on the other hand, the non-coaxiality due t
o the yield vertex effect is rather inclined towards instability by lo
calization of the deformations.