Chugin Financial Group,inc. · TSE:5832

Chugin Financial Group,inc — H1 FY2024 Earnings Presentation

52 slides from Chugin Financial Group,inc's earnings presentation, March 2025

  1. Slide 1: 1H FY2024 Earnings Results Briefing (References)

    1H FY2024 Earnings Results Briefing (References) Our challenges build our future. Chugin Financial Group, Inc.

  2. Slide 2: Table of Contents of References

    Our challenges build our future. Table of Contents of References Chugin Financial Group, Inc. Management Indicators, etc. for Chugin Financial Economic Structure of Okayama Prefecture Group, Inc. 岡山県の経済規模 Economic Scale of Okayama Prefecture 44 利益総括表 Comprehensive Income Table 22 22 Industrial Struc

  3. Slide 3: Economic Structure of Okayama Prefecture

    Economic Structure of Okayama Prefecture

  4. Slide 4: Economic Scale of Okayama Prefecture

    Our challenges build our future. Economic Scale of Okayama Prefecture Chugin Financial Group, Inc. Nationwide share Items Results Rank Source Survey date (%) Nationwide Survey on Area by Area 7,114 km2 1.9 17 Jan. 2024 Municipality Population, Demographics, and Population 1,865,000 1.5 20 Number of

  5. Slide 5: Economic Scale of Okayama Prefecture

    Our challenges build our future. Economic Scale of Okayama Prefecture Chugin Financial Group, Inc. (Trillion yen) 都道府県別名目県内総生産額と対前年増加率 Gross Domestic Product by Prefecture at Current Prices (%) 110 and YoY Change 45 10 40 YoY growth 35 (Right scale) 30 5 25 20 15 0 Gross prefectural domestic product

  6. Slide 6: Industrial Structure of Okayama Prefecture (1)

    Our challenges build our future. Industrial Structure of Okayama Prefecture (1) Chugin Financial Group, Inc. Percentage mix of gross domestic product by economic activity Professional/science Health and hygiene, technology, business social welfare Construction Education support services Finance, Man

  7. Slide 7: Industrial Structure of Okayama Prefecture (2)

    Our challenges build our future. Industrial Structure of Okayama Prefecture (2) Chugin Financial Group, Inc. Proportion of incoming/outgoing transfer (net) of goods and services in gross prefectural domestic product (at current prices) (%) 20 Okayama Prefecture 15 10 Hiroshima Prefecture 5 Kagawa Pr

  8. Slide 8: Growth Infrastructure and Potential of Okayama Prefecture (1)

    Our challenges build our future. Growth Infrastructure and Potential of Okayama Prefecture (1) Chugin Financial Group, Inc. Population and number of households of the Chugoku-Shikoku region (Persons, households) 鳥取県 Tottori 島根県 Shimane 岡山県 Okayama 広島県 Hiroshima 山口県 Yamaguchi 徳島県 Tokushima 香川県 Kagawa

  9. Slide 9: Growth Infrastructure and Potential of Okayama Prefecture (2)

    Our challenges build our future. Growth Infrastructure and Potential of Okayama Prefecture (2) Chugin Financial Group, Inc. Future population estimates of Okayama Prefecture Estimates (Thousand people) 2,000 1,888 1,832 1,774 1,713 1,646 1,578 1,510 1,500 1,000 500 0 2020 2025 2030 2035 2040 2045 20

  10. Slide 10: Cross points of land transportation in Western Japan

    Our challenges build our future. Growth Infrastructure and Potential of Okayama Prefecture (3) Chugin Financial Group, Inc. Cross points of land transportation in Western Japan Two east-west highways (SANYO EXPWY and CHUGOKU EXPWY) and a highway from the Sea of Japan to the Pacific Ocean via the Set

  11. Slide 11: Growth Infrastructure and Potential of Okayama Prefecture (4)

    Our challenges build our future. Growth Infrastructure and Potential of Okayama Prefecture (4) Chugin Financial Group, Inc. Freight forwarding volume in the Chugoku-Shikoku region (Million ton-km) 7,000 千 6,000 5,000 4,000 3,000 2,000 1,000 0 鳥取県 Tottori 島根県 Shimane 岡山県 Okayama 広島県 Hiroshima 山口県 Yam

  12. Slide 12: Hints for Solving Japan's Problems in Okayama's Heartland

    Our challenges build our future. Growth Infrastructure and Potential of Okayama Prefecture (5) Chugin Financial Group, Inc. Hints for Solving Japan’s Problems in Okayama’s Heartland Disaster Community prevention development The Kibi Plateau is located halfway between the Chugoku Mountains and the Se

  13. Slide 13: Economic Conditions of Okayama Prefecture

    Economic Conditions of Okayama Prefecture

  14. Slide 14: Local Economic Trends (1)

    Our challenges build our future. Local Economic Trends (1) Chugin Financial Group, Inc. The economy of Okayama Prefecture is gradually recovering despite the impact of rising prices. Category 5 COVID-19 transition to Collapse of Lehman Brothers Asian currency crisis Consumption tax hike Sub-prime mo

  15. Slide 15: Local Economic Trends (2)

    Our challenges build our future. Local Economic Trends (2) Chugin Financial Group, Inc. Industrial production: Gradually on the rise [Industrial production index] (2020 indexed at 100; seasonally adjusted) 130 120 110 100 90 80 2019/1 2020/1 2021/1 2022/1 2023/1 2024/1 Source: Okayama Prefecture Sta

  16. Slide 16: Local Economic Trends (3)

    Our challenges build our future. Local Economic Trends (3) Chugin Financial Group, Inc. Capital investment: Picking up mainly in the manufacturing industry [YoY change in capital investment] 岡山県 Okayama Prefecture 全国 Nationwide Non- Non- （％） 製造業 Manufacturing 非製造業 manufacturing 合計 Total 製造業 Manufact

  17. Slide 17: Local Economic Trends (4)

    Our challenges build our future. Local Economic Trends (4) Chugin Financial Group, Inc. Consumer spending: Gradually recovering despite the impact of rising prices [Department store and supermarket sales (all stores; YoY)] (%) 15 10 5 0 ▲- 5 5 ▲ 10 - 10 ▲ 15 - 15 2019/1 2020/1 2021/1 2022/1 2023/1 2

  18. Slide 18: Local Economic Trends (5)

    Our challenges build our future. Local Economic Trends (5) Chugin Financial Group, Inc. Housing investment: Weakening due to rising construction costs, etc. [New housing starts (six-month moving average)] (Units) 1,400 1,200 1,000 800 600 2019/1 2020/1 2021/1 2022/1 2023/1 2024/1 Source: MLIT [Renta

  19. Slide 19: Local Economic Trends (6)

    Our challenges build our future. Local Economic Trends (6) Chugin Financial Group, Inc. Employment situation: Gradually picking up despite signs of slowdown in some areas [Jobs-to-applicants ratio (seasonally adjusted)] (Times) 2.2 2.0 1.8 1.6 1.4 1.2 2019/1 2020/1 2021/1 2022/1 2023/1 2024/1 Source

  20. Slide 20: Local Economic Trends (7)

    Our challenges build our future. Local Economic Trends (7) Chugin Financial Group, Inc. Land prices: Recovering [Official land price (YoY)] (%) 3.0 2.0 1.0 住宅地 Residential area Commercial area 商業地 0.0 ▲- 1.0 ▲- 2.0 ▲- 3.0 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Source: Hilly and Mount

  21. Slide 21: Management Indicators, etc. for Chugin Financial Group, Inc.

    Management Indicators, etc. for Chugin Financial Group, Inc. (Note) As the Company was established on October 3, 2022, there are no consolidated figures for FY2021 (and as of March 31, 2022). However, for reference purposes, the consolidated figures for FY2021 (and as of March 31, 2022) of the forme

  22. Slide 22: Summary of Earnings

    Summary of Earnings 【Consolidated】 FY2019 FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 (Million yen) 1H 1H 1H 1H 1H Ordinary revenue 127,318 58,173 116,976 60,594 128,565 89,629 179,860 88,355 184,661 102,919 Banking revenue 117,217 54,772 107,330 56,758 116,870 71,760 157,417 83,9

  23. Slide 23: Capital Adequacy Ratio

    Capital Adequacy Ratio 【Consolidated】（％,100 million yen） FY2020 1H FY2021 FY2021 1H FY2022 FY2022 1H FY2023 FY2023 1H FY2024 Overall capital adequacy ratio 13.50 13.90 13.83 12.76 12.87 12.20 14.05 13.67 Tier 1 ratio 13.25 13.65 13.57 12.50 12.64 11.98 13.70 13.25 Tier 1 ratio including common share

  24. Slide 24: Capital Allocation and Integration Risks, etc.

    Our challenges build our future. Capital Allocation and Integration Risks, etc. Chugin Financial Group, Inc. FY2024 plan and result 2024年度 FY2024 Allocation [Allocation source] (billion yen) （単位：億円） (billion yen) 配賦額 amount リスク量（2024年9月末） Risk amount (Sep. 30, 2024) Acceptable risk level Allocated c

  25. Slide 25: Status of Group Companies

    Status of Group Companies Business line Effective equity FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 （million yen,%） ratio 1H 1H 1H Ordinary income 13,339 7,006 17,461 5,558 12,080 8,037 The Chugin Lease Company, Leasing 100 Ordinary profit 248 188 3,640 185 821 754 Limited* Net income 195 160 3,520 1

  26. Slide 26: Key Press Releases

    Our challenges build our future. Key Press Releases Chugin Financial Group, Inc. 2024年 2024 4月1日 Apr. 1 【FG】ちゅうぎんアプリCM動画（手話・字幕付）の制作について [FG] Production of Chugin App commercial video (with sign language and subtitles) 4月11日 Apr. 11 【FG】「フード&ライフドライブ」の実施について [FG] “Food & Life Drive” 4月15日 Apr. 15 【BK】

  27. Slide 27: Management Indicators, etc. for The Chugoku Bank

    Management Indicators, etc. for The Chugoku Bank

  28. Slide 28: Summary of Earnings (1)

    Summary of Earnings (1) 【Non-Consolidated】 FY2019 FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 (Million yen) 1H 1H 1H 1H 1H Ordinary revenue 110,829 49,824 99,765 51,869 110,337 82,338 164,467 79,483 165,786 92,127 Banking revenue 100,630 46,415 90,108 47,999 98,558 64,429 141,933

  29. Slide 29: Summary of Earnings (2)

    Summary of Earnings (2) 【Non-consolidated】 FY2019 FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 （Million yen） 1H 1H 1H 1H 1H Bond-related gains/losses -524 822 -552 -447 -2,949 -15,362 -19,778 -1,279 -776 -2,023 Gains on sales of bonds 3,026 1,407 2,496 3,506 9,400 8,817 23,487 3,45

  30. Slide 30: Breakdown of Ordinary Revenue

    Breakdown of Ordinary Revenue 【Non-consolidated】 FY2019 FY2020 FY2020 FY2021 FY2021 FY2022 FY20222 FY2023 FY2023 FY2024 （Million yen） 1H 1H 1H 1H 1H Ordinary revenue 110,829 49,824 99,765 51,869 110,337 82,338 164,467 79,483 165,786 92,127 Banking revenue 100,630 46,415 90,108 47,999 98,558 64,429 1

  31. Slide 31: Breakdown of Ordinary Expenses

    Breakdown of Ordinary Expenses 【Non-consolidated】 FY2019 FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 （Million yen） １H １H １H １H １H Ordinary expenses 95,353 38,712 80,720 37,521 86,928 63,113 136,953 66,499 139,098 72,979 Banking expenses 82,776 35,161 70,881 34,342 78,252 59,733 12

  32. Slide 32: Breakdown of Expenses

    Breakdown of Expenses 【Non-consolidated】 FY2019 FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 （Million yen） 1H 1H 1H 1H 1H Expenses (1) 54,010 26,404 52,783 25,914 51,986 25,330 51,316 26,069 52,881 26,752 Personnel expenses 28,204 13,794 27,725 14,022 28,037 14,103 27,843 13,887 27

  33. Slide 33: Principal Returns

    Principal Returns 【Non-consolidated】 FY2019 FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 （％） 1H 1H 1H 1H 1H １．Interest-bearing asset yield 0.98 0.84 0.79 0.77 0.72 0.93 1.01 1.28 1.34 1.40 Loan yield 1.04 0.92 0.90 0.87 0.87 1.00 1.11 1.41 1.46 1.53 Securities yield 1.10 0.91 0.81

  34. Slide 34: Major Accounts (Year-end Balance): Assets

    Major Accounts (Year-end Balance):Assets 【Non-consolidated】 FY2019 FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 （100 million yen） 1H 1H 1H 1H 1H Total assets 81,136 87,417 91,226 98,542 101,779 96,609 98,034 102,655 107,083 106,047 Management account 73,911 77,520 79,586 81,136 83,

  35. Slide 35: Major Accounts (Year-end Balance): Liabilities and Net Assets

    Major Accounts (Year-end Balance):Liabilities and Net Assets 【Non-consolidated】 FY2019 FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 （100 million yen） 1H 1H 1H 1H 1H Total liabilities and net assets 81,136 87,417 91,226 98,542 101,779 96,609 98,034 102,655 107,083 106,047 Total liab

  36. Slide 36: Major Accounts (Average Balance): Assets

    Major Accounts (Average Balance):Assets [Non-consolidated] FY2019 FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 （100 million yen） 1H 1H 1H 1H 1H Total assets 82,160 85,635 87,544 93,337 96,396 100,207 98,905 99,662 101,466 107,222 Management account 78,167 81,284 82,863 87,143 91,98

  37. Slide 37: Major Accounts (Average Balance): Liabilities and Net Assets

    Major Accounts (Average Balance):Liabilities and Net Assets [Non-consolidated] FY2019 FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 （100 million yen） 1H 1H 1H 1H 1H Total liabilities and net assets 82,160 85,635 87,544 93,337 96,396 100,207 98,905 99,662 101,466 107,222 Total liabil

  38. Slide 38: Deposits (Year-end Balance)

    Deposits (Year-end Balance) [Non-consolidated] FY2019 FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 （100 million yen） 1H 1H 1H 1H 1H Okayama 51,863 54,855 57,260 57,259 59,388 59,035 61,020 60,583 62,206 60,613 Individuals 38,327 39,941 41,081 42,033 42,945 43,450 43,748 44,070 44,4

  39. Slide 39: Deposits (Average Balance)

    Deposits (Average Balance) [Non-consolidated] FY2019 FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 （100 million yen） 1H 1H 1H 1H 1H Okayama 50,166 54,031 54,653 57,468 57,668 59,824 59,671 60,664 60,581 61,539 Individuals 37,915 39,457 40,033 41,761 42,193 43,362 43,566 43,994 44,16

  40. Slide 40: Loans (Year-end Balance)

    Loans (Year-end Balance) [Non-consolidated] FY2019 FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 （100 million yen） 1H 1H 1H 1H 1H General loans 44,087 45,659 46,663 46,792 48,087 49,577 51,155 53,364 57,763 58,429 Large companies 7,659 8,149 8,344 8,053 8,519 8,731 9,541 9,961 10,94

  41. Slide 41: Loans (Average Balance)

    Loans (Average Balance) [Non-consolidated] FY2019 FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 （100 million yen） 1H 1H 1H 1H 1H General loans 43,113 44,954 45,610 46,735 46,992 48,622 49,411 51,784 52,907 57,939 Local development 21,008 21,922 22,240 22,289 22,243 22,287 22,686 23,

  42. Slide 42: Loans by Industry (Year-end Balance)

    Loans by Industry (Year-end Balance) [Non-consolidated] FY2019 FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 （100 million yen） 1H 1H 1H 1H 1H Domestic branches 48,845 50,358 51,221 51,343 52,446 53,876 55,293 57,565 61,816 62,455 Manufacturing 6,731 7,034 7,124 6,728 6,981 6,836 7,5

  43. Slide 43: Loans by Industry (Composition Ratio)

    Loans by Industry (Composition Ratio) [Non-consolidated] FY2019 FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 1H 1H 1H 1H 1H Domestic branches 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% Manufacturing 13.8% 14.0% 13.9% 13.1% 13.3% 12.7% 13.6% 12.9% 12.6% 12

  44. Slide 44: Market Shares of Deposits

    Market Shares of Deposits [Year-end balance] FY2019 FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 （％） 1H 1H 1H 1H 1H Okayama Chugoku Bank 49.8 49.8 50.3 50.4 51.1 51.2 51.7 51.4 51.3 50.5 Other banks 50.2 50.2 49.7 49.6 48.9 48.8 48.3 48.6 48.7 49.5 Regional banks except for Chugoku

  45. Slide 45: Market Share of Loans

    Market Share of Loans [Year-end balance] FY2019 FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 （％） 1H 1H 1H 1H 1H Okayama Chugoku Bank 42.8 42.8 42.9 43.2 43.4 43.6 43.3 44.3 46.0 46.2 Other banks 57.2 57.2 57.1 56.8 56.6 56.4 56.7 55.7 54.0 53.8 Regional banks except for Chugoku Ban

  46. Slide 46: Securities

    Securities Balance by type [Non-consolidated] FY2019 FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 （100 million yen） 1H 1H 1H 1H 1H Year-end balance 23,451 23,913 26,225 25,653 25,098 25,154 23,192 23,662 25,899 25,565 JGBs 6,534 6,827 7,565 6,762 6,942 7,154 5,644 5,638 6,735 6,258

  47. Slide 47: Balance and Durations of Securities by Remaining Period

    Balance and Durations of Securities by Remaining Period Outstanding balance by remaining period to maturity for yen-denominated Securities 10,000 （100 million yen） 1H FY2020 9,000 1H FY2021 1H FY2022 8,000 1H FY2023 7,000 1H FY2024 6,000 5,000 4,000 3,000 2,000 1,000 0 1year or less More than More t

  48. Slide 48: Handling of Housing Loans

    Handling of Housing Loans [Loans executed by interest type (new houses + refinancing)] [Breakdown of use of loans executed] （％） 140 Long-term fixed rate （100 million yen） Refinancing, etc. 10-year fixed rate 5-year fixed rate 9.9 3-year fixed rate 120 Floating New houses 90.1 100 Total loans execute

  49. Slide 49: Non-performing Loans

    Non-performing Loans Loans disclosed based on the Financial Reconstruction Act [Non-consolidated] End of End of End of End of End of End of End of End of End of End of （Million yen） Mar.2020 Sep.2020 Mar.2021 Sep.2021 Mar.2022 Sep.2022 Mar.2023 Sep.2023 Mar.2024 Sep.2024 Bankrupt/de facto bankrupt l

  50. Slide 50: Transition of Debtor Categories: 1 year

    Transition of Debtor Categories：1 year (Upper level: Number of debtors; Lower level: Value (100 million yen)) Favorable End of Sep.2024 Deterio-ration turnaround Other loans Manage- Near De facto Other Performing requiring ment Bankrupt bankruptcy bankruptcy (See Note) attention required Performing

  51. Slide 51: Transition of Debtor Categories: 1 year (Composition)

    Transition of Debtor Categories: 1year (Composition) (Upper level: Number of debtors; Lower level: Value (100 million yen)) Favorable End of Sep.2024 Deterio-ration turnaround Other loans Manage-ment Near De facto Other Performing requiring Bankrupt required bankruptcy bankruptcy (See Note) attentio

  52. Slide 52: Chugin Financial Group, Inc.

    Our challenges build our future. Chugin Financial Group, Inc. For inquiries regarding this document, please contact: Management Planning Department, Chugin Financial Group, Inc. (Shimizu or Matsuo) TEL: +81-86-234-6519 Email: souki01@chugin.jp

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