Bank Of Nagoya, Ltd. · TSE:8522

Bank Of Nagoya — The Bank of Nagoya — FY2024 Earnings Presentation

51 slides from Bank Of Nagoya's earnings presentation, Jun 6, 2025

Slide 1: Information Meeting [Financial Results for the Fiscal Year Ended March 31, 2025]
Information Meeting [Financial Results for the Fiscal Year Ended March 31, 2025] The region’s leading financial group, growing alongside with our customers. June 6, 2025 Ichiro Fujiwara, President The Bank of Nagoya, Ltd. Copyright © 2025 THE BANK OF NAGOYA, LTD. All Rights Reserved.
Slide 2: Table of Contents
Table of Contents 1 I. Return to Growth IV. Toward Enhancing Corporate Value Balances of deposits, etc. and loans 3 Outline of the 22nd Management Plan 19 Core net business profit (non-consolidated) and profit PBR logic tree 20 4 (consolidated) Toward a PBR of 1.0 or higher 21 Enhancing top-line ear
Slide 4: Balances of deposits, etc. and loans
Balances of deposits, etc. and loans 3 Balances of deposits, etc. and loans 2024 12.0 Reached ¥5 trillion in funds Loans Deposits, etc.* Aichi Prefecture Population 5.0 (Balance at end of period) (Balance at end of period) 11.0 *Deposits, etc. = Deposits + Negotiable certificates of deposit 2020 10.
Slide 5: Core net business profit (non-consolidated) and profit (consolidated)
Core net business profit (non-consolidated) 4 and profit (consolidated) Billions of yen 25.0 Core net business profit (non-consolidated) 22.4 20.0 14.9 14.2 14.5 14.5 15.0 12.7 12.3 11.3 10.0 8.3 8.6 8.4 9.0 8.5 8.7 6.6 7.2 6.6 7.3 6.5 5.7 5.0 0.0 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2
Slide 7: Summary of FY2024 financial results (non-consolidated)
Summary of FY2024 financial results (non-consolidated) 6 Billions of yen FY2023 FY2024 YoY Profit from lending (YoY +¥0.7 billion) Core gross business profit 43.9 52.3 +8.4 ⚫ Although interest on deposits increased due to the policy rate hike, Profit from lending 27.1 27.8 +0.7 the increase in loan
Slide 8: Financial results forecast
Financial results forecast 7 Billions of yen Financial results forecast FY2024 FY2025 Results Plan YoY Ordinary income 75.8 86.0 +10.1 Non-consolidated Ordinary profit 19.9 20.9 +0.9 Profit 14.3 14.9 +0.5 Core net business profit 22.4 21.6 (0.8) Basic earnings per share ¥871 ¥908* +¥37 Ordinary inco
Slide 9: III. Revision of Intermediate Financial Targets in the 22nd Management Plan
8 III. Revision of Intermediate Financial Targets in the 22nd Management Plan Copyright © 2025 THE BANK OF NAGOYA, LTD. All Rights Reserved.
Slide 10: Trends in key indicators
Trends in key indicators 9 Billions of yen Deposits, loans, and securities Trillions of yen Core gross business profit (Balance at end of period) 60.0 Profit from lending Profit from market operations Deposits, etc. (Deposits + Negotiable certificates of deposit 5.03 Net fees and commissions Net oth
Slide 11: Revision of intermediate financial targets
Revision of intermediate financial targets 10 Revision of intermediate financial targets (upward revision) ⚫ As our Bank is now on track to achieve the initially set intermediate financial targets, the targets were revised in May 2025. Before revised After revised targets for targets for Change FY20
Slide 12: Initial numerical targets and achievements
Initial numerical targets and achievements 11 Comparison of initial intermediate financial targets and actual achievements Results for Results for Targets for FY2027 FY2022 FY2024 (Before revision) On track to achieve it Profit (Consolidated) ¥8.3 billion ¥14.7 billion ¥15.0 billion ahead of schedul
Slide 13: To achieve newly established intermediate financial targets: Profit and ROE
To achieve newly established intermediate financial targets 12 Profit (Consolidated) and ROE (Consolidated) Billions of yen ⚫ Leveraging the transition to a world with positive interest rates, we aim to further increase profits from lending and market operations. 35. 0 9% ⚫ With the aim of realizing
Slide 14: Background of the revision to the FY2027 target for profit
To achieve newly established intermediate financial targets 13 Background of the revision to the FY2027 target for profit (consolidated) Change in assumed rates Image of growth of profit (consolidated) FY2027 Assumed rate March 31, 2025 Aim to maximize the returns across the entire portfolio, At pla
Slide 15: Improvement of securities portfolio
To achieve newly established intermediate financial targets 14 Background of the revision to the FY2027 target for profit (consolidated) Billions of yen Improvement of securities portfolio ⚫ While maintaining the balance of securities, we have improved yields and enhanced profitability by replacing
Slide 16: Core OHR
To achieve newly established intermediate financial targets 15 Billions of yen Core OHR ⚫ While operating expenses are expected to increase to some extent due to strategic investment in human capital and digital transformation (DX), we aim to maintain the core overhead ratio (OHR) in the 50% range t
Slide 17: Total of deposits and loans
To achieve newly established intermediate financial targets 16 Trillions of yen Total of deposits and loans <Deposits> ⚫ As its importance is expected to increase further in a world with positive interest rates, we will actively work to accumulate deposits. ⚫ We aim to accumulate highly stable depos
Slide 18: Reduction of cross-shareholdings
To achieve newly established intermediate financial targets 17 Reduction of cross-shareholdings Billions of yen <Basic policy> ⚫ We determine the appropriateness of holding investments based on profitability, contribution to service improvement, regional economic growth and revitalization, and the p
Slide 20: Outline of the 22nd Management Plan
Outline of the 22nd Management Plan 19 The 22nd Management Plan “Delivering True Value with Respect to the Business of Creating Better Futures” (April 2023 to March 2031) Our Purpose Raison d’etre , Mission, Vision and Values We are in the business of creating better futures. We will create better f
Slide 21: PBR logic tree
PBR logic tree 20 KPIs / Policies Our PBR Logic Upward Revision Profit (consolidated): ¥20 billion in May 2025 PBR ROE PER ＝ × ROE (consolidated): Over 6% Intermediate SME lending, residential loans, Core OHR: 50%+ Price Book-value Ratio Return on Equity Price Earnings Ratio financial targets Struct
Slide 22: Toward a PBR of 1.0 or higher
Toward a PBR of 1.0 or higher 21 PBR ROE PER Our logic of PBR Price Book-value Ratio ＝ Return on Equity × Price Earnings Ratio ⚫ Aim to enhance PBR through a dual approach: improving ROE by strengthening top-line earnings, while also lowering the cost of equity and raising the expected growth rate.
Slide 23: Enhancing top-line earnings: Corporate banking strategy
Enhancing top-line earnings 22 Corporate banking strategy ⚫ Enhancing top-line earnings by leveraging a solid customer base Support for subsidy applications ⚫ As an approved support institution, we actively assist customers in subsidy applications, particularly for the “Monozukuri Subsidy General Ty
Slide 24: Enhancing top-line earnings: Automobile Supply Chain Support Office
Enhancing top-line earnings 23 Automobile Supply Chain Support Office Conducting surveys of clients ⚫ Contribute to the revitalization and resilience of the regional economy by ⚫ Following the change of administration in the United States, the first survey supporting the automotive industry’s supply
Slide 25: Enhancing top-line earnings: Sustainability management support
Enhancing top-line earnings 24 Sustainability management support ⚫ Provide financing and consulting services to support the sustainability management of our corporate clients. Consulting on development and implementation of SDGs action plans Meigin Sustainability-Linked Loan ⚫ Provide hands-on suppo
Slide 26: Enhancing top-line earnings: Personal banking strategy
Enhancing top-line earnings 25 Personal banking strategy ⚫ Leverage our strong customer base to strengthen workplace-based initiatives. Inheritance services ⚫ Obtained authorization to concurrently operate trust services, enabling us to provide one-stop support for our customers’ inheritance and ass
Slide 27: Enhancing top-line earnings: Consumer loans
Enhancing top-line earnings 26 Personal banking strategy <Consumer loans (balance at end of period)> Billions of yen <Trends in residential loan interest rates for new loans (average during the period)> 0.60% 0.58% Residential loans Others 0.58% 0.56% 1,400 .0 0.54% 0.52% 1,254.7 0.51% 1,210.1 0.52%
Slide 28: Enhancing top-line earnings: Securities investment
Enhancing top-line earnings 27 Securities investment Yield (including held-to-maturity securities, on an average balance basis) Yen bonds Foreign-currency bonds ⚫ Control portfolio duration appropriately to mitigate sharp (left axis) (right axis) 5.07% fluctuations in securities investment income. 0
Slide 29: Enhancing top-line earnings: Structured finance and ESG investments
Enhancing top-line earnings 28 Structured finance ESG investments and loans ⚫ Performance has been steady, contributing to our Bank’s ⚫ Under the 22nd Management Plan, we have set a non-financial earnings strength. target of ¥500 billion in cumulative ESG investments and loans ⚫ Continue to expand w
Slide 30: Enhancing top-line earnings: Overseas business and alliance
Enhancing top-line earnings 29 Overseas business support Shizuoka Nagoya Alliance ⚫ Support in expanding overseas by leveraging our extensive network, ⚫ Strengthening support for clients in key industries across Aichi and including the opening of our Nantong Branch in China. Shizuoka prefectures. ⚫
Slide 31: Cost control: Credit cost reduction
Cost control 30 Billions of yen Credit cost reduction Credit cost reduction through business improvement support Loans based on the Financial Reconstruction Act ⚫ Assign dedicated staff at the headquarters to support business ⚫ In FY2024, the non-performing ratio declined as a result of improvement
Slide 32: Optimal allocation of capital
Optimal allocation of capital 31 Capital adequacy ratio (consolidated) Capital allocation ⚫ Our target capital adequacy ratio is around 12.5%, which ⚫ Aim to maintain an appropriate capital adequacy ratio of around includes a 2% buffer above the regulatory requirement of 10.5%. 12.5% by balancing gr
Slide 33: Optimal allocation of capital: Shareholder returns
Optimal allocation of capital 32 Shareholder returns Billions of yen <Shareholder Return Policy> ⚫ We will continue to provide shareholder returns in a manner that strikes an optimal balance between maintaining capital soundness and pursuing growth investment opportunities. ⚫ Our dividend policy is
Slide 34: Enhancing market valuation
Enhancing market valuation 33 Dialogue with investors Risk control Billions of yen Main themes of investor dialogue Status of integrated risk management Credit risk Deposit & loans interest risk Net investment securities risk Cross-shareholdings risk Impact of policy rate hikes effects on clients’ b
Slide 35: Fulfilling our Mission: Revitalization of regional economy
Fulfilling our Mission “Fostering regional prosperity” 34 Revitalization of regional economy ⚫ Contribute to the sustainable development of the local community by providing optimal solutions to a wide range of the management issues. Issue Issue Arrival of a “once-in-a-century Aging of business owner
Slide 36: Fulfilling our Mission: Social contribution activities
Fulfilling our Mission “Fostering regional prosperity” 35 Social contribution activities Meigin Green Foundation Collaboration with Higashiyama Zoo and Botanical Gardens ⚫ Established in 1975 as a commemorative project for the 25th anniversary of ⚫ Entered into an “Agreement on Collaboration and Coo
Slide 37: Sustainability
Sustainability 36 Contributing to sustainable environmental conservation Basic Policy on Sustainability Introduction of “C-Turtle” GHG emissions calculation tool ⚫ In October 202 , established the “Basic Policy on Sustainability” ⚫ Introduced the GHG emissions calculation tool “C-Turtle” in FY202 an
Slide 38: Human capital strategy
Human capital strategy 37 Human capital management and The 22nd Management Plan well-being-oriented management non-financial targets ⚫ Human capital management is a management approach that FY2022 FY2024 FY2030 (At mgmt. plan regards personnel as “capital” and aims to maximize their value formulatio
Slide 39: Human capital strategy: Health and productivity management
Human capital strategy 38 Promotion of health and productivity management and Work Engagement Reform Support for work-life balance TOPICS First-time selection for ⚫ Aim to create a workplace environment where individuals can fully demonstrate their abilities and work in their own way while managing
Slide 40: DX strategy
DX strategy 39 Review and future initiatives FY2020 to FY2022 FY2023 FY2024 FY2025 FY2026 FY2027 FY2030 The 21st Medium-term Management Plan The 22nd Management Plan Oct. 2022 to FY2024 FY2025 to FY2027 DX Strategy (Oct. 2022 to Mar. 2025) (Apr. 2025 to Mar. 2028) Strategies Future initiatives ●Digi
Slide 41: DX strategy: Human resources development
DX strategy 40 Human resources development ⚫ In anticipation of the growing importance of skills such as data utilization and generative AI, we have defined new talent models (Digital Utilization Human Resources and Digital Coordinators) and are developing them systematically to enable practical app
Slide 43: Deposits and loans
Deposits and loans 42 6 Deposits, etc.* Trillions of yen (Balance at end of period) Corporate Individual Negotiable certificates of deposit *Deposits, etc. = Deposits + Negotiable certificates of deposit 5.03 5 4.64 4.36 4.00 4.09 4 3.41 3.49 3.57 1.86 2.14 1.49 1.69 1.49 3 1.14 1.17 1.20 2 2.65 2.6
Slide 44: Deposits and loans: Loan interest and yield
Deposits and loans 43 Billions of yen Loan interest and yield 0.95% Loan yield Loan interest 1% 36 0.91% 0.85% 0.85% 1% 0.81% 0.80% 34 0.78% 0.78% 1% 32.6 32 1% 1% 30 28.6 1% 28 26.9 0% 26 25.9 24.7 0% 24 0% 22.5 22.4 22.3 22 0% 20 0% FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 The 20th
Slide 45: Securities investment
Securities investment 44 Billions of yen Securities (Average balance during the period) 1,000 .0 Yen bonds Foreign-currency bonds Equities Investment trusts, etc. 900 .0 894.9 20.8 830.9 831.7 57.0 800.0 800 .0 791.5 21.8 751.4 736.8 102.8 107.4 127.8 80.5 57.4 31.2 704.6 700 .0 57.8 56.7 49.1 45.1
Slide 46: Securities investment: Interest and dividends on securities
Securities investment 45 Billions of yen Interest and dividends on securities, etc. Yield on securities Interest and dividends on securities, etc. 2.01% 2.00% 20.0 1.46% 1.50% 15.0 1.13% 1.15% 1.00% 1.01% 10.0 0.85% 0.89% 1.00% 18.9 13.3 5.0 10.4 0.50% 9.3 9.4 8.0 7.8 6.5 0.0 0.00% FY2017 FY2018 FY2
Slide 47: Securities investment: Gain (loss)
Securities investment 46 Billions of yen 20 Gain (loss) related to equity securities 19.4 15 10 8.7 6.7 5.6 5 4.0 3.5 0.8 0.2 0 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 Billions of yen Gain (loss) on bonds 1.8 1.2 1 0.5 -4 (0.6) (1.6) -9 (5.7) -14 (11.1) -19 (16.9) FY2017 FY2018 FY201
Slide 48: Fees and commissions
Fees and commissions 47 Fees and commissions Corporate-related Custody assets Others Fees and commissions Billions of yen income ratio* 23.9% 18. 0 22.9% 21.7% 21.9% 20.9% 16. 0 19.7% 20.0% 11th consecutive 20% increase 14.2 17.4% 13.4 14. 0 13.1 12.5 12. 0 10.8 11.0 2.5 3.4 3.8 3.9 15% 10. 0 9.8 1.
Slide 49: General and administrative expenses
General and administrative expenses 48 General and administrative expenses Billions of yen Personnel expenses Non-personnel expenses Taxes Core OHR* 83.7% 90% 50.0 81.6% 79.6% 77.4% 80% 70.2% 70.4% 66.8% 70% 40.0 57.2% 60% 29.8 29.9 29.9 29.3 29.4 29.9 30.0 28.8 28.5 50% 40% 16.8 16.6 17.0 16.9 16.6
Slide 50: Credit-related expenses
Credit-related expenses 49 Billions of yen Credit-related expenses Credit-related expenses Credit cost ratio* 5 0.10% 5 0.07% 0% 0.05% 0.05% 3.9 0.03% 4 0.02% 0.02% 0.02% 0% 4 0% 3 2.2 3 0% 2 1.7 1.8 0% 2 1 0.7 0.8 0.7 0.6 0% 1 0 0% Provision of general allowance for loan losses (0.6) (0.8) (0.5) 0.
Slide 51: The Bank of Nagoya, Ltd. Public Relations Group
50 The Bank of Nagoya, Ltd. Public Relations Group, Corporate Planning Division TEL: (052)962-7996 FAX: (052)962-1843 E-Mail: ir_info@ex.meigin.co.jp URL: https://www.meigin.com/ This document contains forward-looking statements regarding future performance. These statements do not guarantee future

The Bank of Nagoya — FY2024 Earnings Presentation on 6ix

Bank Of Nagoya — The Bank of Nagoya — FY2024 Earnings Presentation

Slide 1: Information Meeting [Financial Results for the Fiscal Year Ended March 31, 2025]

Slide 2: Table of Contents

Slide 3: I. Return to Growth

Slide 4: Balances of deposits, etc. and loans

Slide 5: Core net business profit (non-consolidated) and profit (consolidated)

Slide 6: II. Summary of FY2024 Financial Results

Slide 7: Summary of FY2024 financial results (non-consolidated)

Slide 8: Financial results forecast

Slide 9: III. Revision of Intermediate Financial Targets in the 22nd Management Plan

Slide 10: Trends in key indicators

Slide 11: Revision of intermediate financial targets

Slide 12: Initial numerical targets and achievements

Slide 13: To achieve newly established intermediate financial targets: Profit and ROE

Slide 14: Background of the revision to the FY2027 target for profit

Slide 15: Improvement of securities portfolio

Slide 16: Core OHR

Slide 17: Total of deposits and loans

Slide 18: Reduction of cross-shareholdings

Slide 19: IV. Toward Enhancing Corporate Value

Slide 20: Outline of the 22nd Management Plan

Slide 21: PBR logic tree

Slide 22: Toward a PBR of 1.0 or higher

Slide 23: Enhancing top-line earnings: Corporate banking strategy

Slide 24: Enhancing top-line earnings: Automobile Supply Chain Support Office

Slide 25: Enhancing top-line earnings: Sustainability management support

Slide 26: Enhancing top-line earnings: Personal banking strategy

Slide 27: Enhancing top-line earnings: Consumer loans

Slide 28: Enhancing top-line earnings: Securities investment

Slide 29: Enhancing top-line earnings: Structured finance and ESG investments

Slide 30: Enhancing top-line earnings: Overseas business and alliance

Slide 31: Cost control: Credit cost reduction

Slide 32: Optimal allocation of capital

Slide 33: Optimal allocation of capital: Shareholder returns

Slide 34: Enhancing market valuation

Slide 35: Fulfilling our Mission: Revitalization of regional economy

Slide 36: Fulfilling our Mission: Social contribution activities

Slide 37: Sustainability

Slide 38: Human capital strategy

Slide 39: Human capital strategy: Health and productivity management

Slide 40: DX strategy

Slide 41: DX strategy: Human resources development

Slide 42: Appendix

Slide 43: Deposits and loans

Slide 44: Deposits and loans: Loan interest and yield

Slide 45: Securities investment

Slide 46: Securities investment: Interest and dividends on securities

Slide 47: Securities investment: Gain (loss)

Slide 48: Fees and commissions

Slide 49: General and administrative expenses

Slide 50: Credit-related expenses

Slide 51: The Bank of Nagoya, Ltd. Public Relations Group