Bank Of Nagoya, Ltd. · TSE:8522
Bank Of Nagoya — The Bank of Nagoya — FY2025 Earnings Presentation
45 slides from Bank Of Nagoya's earnings presentation, Jun 5, 2026
Slide 1: Information Meeting: Financial Results for the Fiscal Year Ended March 31, 2026
Information Meeting [Financial Results for the Fiscal Year Ended March 31, 2026] The region’s leading financial group, growing alongside with our customers June 5, 2026 The Bank of Nagoya, Ltd. Ichiro Fujiwara, President Copyright © 2026 The Bank of Nagoya, Ltd. All Rights Reserved.
Slide 2: Table of Contents
Table of Contents 1 I. FY2025 Financial Summary IV. Basic Agreement Concerning Business Integration FY2025 Stand-Alone Financial Summary 3 Overview 27 Earnings Forecast 4 Synergies Expected from Business Integration 28 II. Outline of the 22nd Management Plan Overview of the 22nd Management Plan 6 Re
Slide 3: I. FY2025 Financial Summary
2 I. FY2025 Financial Summary II. Outline of the 22nd Management Plan III. Initiatives for Enhancing Corporate Value IV. Basic Agreement Concerning Business Integration Documents (Stand-Alone Financial Information) Documents (Non-Financial Information) Copyright © 2026 The Bank of Nagoya, Ltd. All R
Slide 4: FY2025 Stand-Alone Financial Summary
FY2025 Stand-Alone Financial Summary 3 Unit: 100 million yen FY2024 FY2025 Year-on-Year Change Profit from lending (YoY +1.0 billion yen) Core gross business profit 523 637 +113 ⚫ Both deposits and loans experienced increased balances, and policy 278 289 +10 rate hikes boosted both interest on loans
Slide 5: Earnings Forecast
Earnings Forecast 4 Unit: 100 million yen FY2025 FY2026 Actual Plan YoY Ordinary income 974 1,136 +161 Ordinary profit 272 327 +54 Standalone Profit 199 227 +27 Core net business profit 322 336 +13 Ordinary income 1,244 1,428 +183 Ordinary profit 280 337 +56 Consolidated Profit 202 230 +27 Basic ear
Slide 6: II. Outline of the 22nd Management Plan
5 I. FY2025 Financial Summary II. Outline of the 22nd Management Plan III. Initiatives for Enhancing Corporate Value IV. Basic Agreement Concerning Business Integration Documents (Stand-Alone Financial Information) Documents (Non-Financial Information) Copyright © 2026 The Bank of Nagoya, Ltd. All R
Slide 7: Overview of the 22nd Management Plan
Overview of the 22nd Management Plan 6 The 22nd Management Plan: “Realizing the True Value of Future-Creating Industry” (April 2023 – March 2031) Purpose (Existence) and Mission, Vision, and Value Mid- to long-term objectives Future- Vision Ideal image and aspirations The future we aim to achieve Cr
Slide 8: Revision of the Intermediate Financial Targets
Revision of the Intermediate Financial Targets 7 Review of the intermediate financial targets FY2027 Target FY2027 Target Increase/ FY2025 (Published May 2026) Before Review After Review Decrease Actual Results 20.0 billion 28.0 billion +8.0 20.2 billion Profit (Consolidated) yen yen billion yen yen
Slide 9: Revision of Non-Financial Targets
Revision of Non-Financial Targets 8 Revision of non-financial targets Unit: 100 (Announced May 2026) FY2030 Target FY2030 Target FY2025 million yen Increase/Decrease Before Revision After Revision Actual Results ESG Investment and Financing Amount 500.0 billion 1 trillion +500.0 509.7 billion (10-ye
Slide 10: Quantitative Targets and Results
Quantitative Targets and Results 9 Quantitative targets and results ＜FY2027 Intermediate Financial Targets＞ FY2022 Results FY2025 Results FY2027 Target Profit (Consolidated) 8.3 billion yen 20.2 billion yen 28.0 billion yen ROE (Consolidated) (TSE standards) 3.33% 6.86% Over 8% Core OHR 70.4% 49.4%
Slide 11: Profit (Consolidated) and ROE (Consolidated)
Profit (Consolidated) and ROE (Consolidated) 10 Profit (Consolidated) and ROE (Consolidated) FY2027 Intermediate Financial Targets 450 Unit: 100 million yen 10% ＜FY2027 Intermediate Financial Targets＞ Profit (Consolidated) ROE (Consolidated) *TSE standards 9% 400 Profit (Consolidated) 28.0 billion y
Slide 12: Core OHR
Core OHR 11 Core OHR 800 FY2027 Intermediate Financial Targets Unit: 100 million yen Operating expenses Core business gross profit Core Operating Expense Ratio (OHR) 85% A reduction in the Core OHR is achieved 700 by enhancing top-line revenue 637 75% ＜FY2027 Intermediate Financial Targets＞ 600 523
Slide 13: Loans and Deposits
Loans and Deposits 12 Loans and deposits FY2027 Intermediate Financial Targets Unit: trillion yen ＜FY2027 Intermediate Financial Targets＞ Loans (end balance) Deposits, etc.* (end balance) 9.80 10.00 Loans and Deposits 10 trillion yen 9.03 10 8.43 7.99 7.44 7.18 8 4.33 6.39 4.00 5.87 6.08 3.79 3.63 3
Slide 14: Reduction of Policy Investment Stocks
Reduction of Policy Investment Stocks 13 Reduction of policy investment stocks FY2030 Financial Targets Unit: 100 million yen Market value of policy investment stocks and deemed holding stocks ＜FY2030 Financial Target＞ Ratio of policy investment stocks and deemed holding stocks to consolidated net a
Slide 15: III. Initiatives for Enhancing Corporate Value
14 I. FY2025 Financial Summary II. Outline of the 22nd Management Plan III. Initiatives for Enhancing Corporate Value IV. Basic Agreement Concerning Business Integration Documents (Stand-Alone Financial Information) Documents (Non-Financial Information) Copyright © 2026 The Bank of Nagoya, Ltd. All
Slide 16: PBR Logic Tree
PBR Logic Tree 15 KPI & Policy Concept of PBR Review in May 2026 Profit (Consolidated): 28.0 billion yen PBR ROE PER Intermediate ROE (Consolidated): over 8% = × Price-to-Earnings financial targets Price-to-Book Ratio Return on Equity SME lending, residential loans, (FY2027) Core OHR in the 50% rang
Slide 17: Towards a PBR of 1x or Higher
Towards a PBR of 1x or Higher 16 <Trends in RORA> Towards a PBR of 1x or higher Total Loans Securities 7% 6.55% 6.01% 5.89% Aiming to improve PBR through a dual approach: enhancing 6% ROE by strengthening top-line revenue, also reducing cost of 5% 4.41% equity and boosting expected growth rates 4% 4
Slide 18: Strengthening Top-Line Revenue
Strengthening Top-Line Revenue 17 Loans (average balance) Unit: 1 trillion yen Loan interest and yield Unit: 100 million yen SME lending Individual lending Others 6 Loan interest Loan yield 1.10% 700 1% 600 5 4.09 0.85% 3.84 452 1% 3.66 500 0.80% 0.78% 0.78% 4 3.42 0.60 3.21 0.52 1% 0.49 0.49 326 40
Slide 19: Strengthening Top-Line Revenue
Strengthening Top-Line Revenue 18 Securities (average balance Unit: 100 million yen Yield on JPY and foreign currency bonds during the period) (including held-to-maturity securities as of period-end) JPY bonds Foreign currency bonds Stocks Investment trusts, etc. JPY bonds (left axis) Foreign curren
Slide 20: Strengthening Top-Line Revenue: Structured finance
Strengthening Top-Line Revenue 19 Structured finance Objectives and policies Risk management system Based on interest rate trends and capital adequacy ratios, we In April 2019, by establishing a Financial Investment implement appropriate risk asset controls and aim for further Department and central
Slide 21: Strengthening Top-Line Revenue: Fees and commissions
Strengthening Top-Line Revenue 20 Fees and commissions Fees and commissions increased for 12 consecutive periods, <Corporate Operations> Unit: 100 million yen and net fees and commissions increased for 11 consecutive Finance-related Solution-related Others periods. 50.0 42.5 38.8 39.8 Corporate oper
Slide 22: Strengthening Top-Line Revenue
Strengthening Top-Line Revenue 21 Overseas business support Shizuoka-Nagoya alliance Support overseas expansion by leveraging an extensive network, Enhance support for key industry clients in Aichi and Shizuoka including the establishment of a Nantong branch in China Accelerate various collaborative
Slide 23: Optimal Capital Allocation
Optimal Capital Allocation 22 Shareholder returns Unit: 100 million yen Total dividends Share repurchase amount Dividend payout ratio Dividend per Share* Total payout ratio 42.8% ＜Shareholder Return Policy Revision＞ 41.3% 45% Targeting a 40% Dividend Payout Ratio 40% Dividend payout ratio: 40% 250 <
Slide 24: Optimal Capital Allocation
Optimal Capital Allocation 23 Consolidated capital adequacy ratio Capital allocation The bank’s appropriate capital adequacy ratio is approximately Aim to maintain an appropriate capital adequacy ratio of 12.5%, which adds a 2% buffer to the regulatory level (10.5%). around 12.5% by balancing growth
Slide 25: Enhancing Market Evaluation
Enhancing Market Evaluation 24 Investor engagement Risk control Enhance IR activities and strengthen communication with Standalone financial reconstruction law disclosed claims investors to aim at reducing the cost of capital In FY2025, in addition to credit rating upgrades and resolving non-perform
Slide 26: Implementation of Corporate Creed: Serving the Prosperity of the Local Community
Implementation of Corporate Creed: “Serving the Prosperity of the Local 25 Community” One of the world’s leading A region expected to experience manufacturing hubs sustainable growth amid stable Business succession and population trends Automotive supply chain support office inheritance Meigin Green
Slide 27: IV. Basic Agreement Concerning Business Integration
26 I. FY2025 Financial Summary II. Outline of the 22nd Management Plan III. Initiatives for Enhancing Corporate Value IV. Basic Agreement Concerning Business Integration Documents (Stand-Alone Financial Information) Documents (Non-Financial Information) Copyright © 2026 The Bank of Nagoya, Ltd. All
Slide 28: Overview
Overview 27 Business integration’s mission and Business scale after business objectives integration By strengthening various solution sales functions to boost Develop into a regional financial group broadly covering the regional financial strength, we aim to develop into a top-tier metropolitan to C
Slide 29: Synergistic Effects Anticipated from Business Integration
Synergistic Effects Anticipated from Business Integration 28 Through broad collaboration covering the major regions of the Japanese economy, we aim to achieve top-line growth that surpasses the alliance’s results while also maximizing corporate value by sharing management resources and enhancing eff
Slide 30: Documents (Stand-Alone Financial Information)
29 I. FY2025 Financial Summary II. Outline of the 22nd Management Plan III. Initiatives for Enhancing Corporate Value IV. Basic Agreement Concerning Business Integration Documents (Stand-Alone Financial Information) Documents (Non-Financial Information) Copyright © 2026 The Bank of Nagoya, Ltd. All
Slide 31: Core Gross Business Profit
Core Gross Business Profit 30 Unit: 100 million yen 700 Profit from Profit from market Net fees and Net other ordinary income lending operations commissions (excluding gain (loss) on bonds) 637 600 523 289 500 426 439 416 387 356 353 358 278 400 255 271 260 300 242 216 213 214 225 200 137 73 55 63 1
Slide 32: Gain (Loss) Related to Equity Securities and Gain (Loss) on Bonds
Gain (Loss) Related to Equity Securities and Gain (Loss) 31 on Bonds Unit: 100 million yen 200 Gain (loss) related to equity securities 194 150 87 84 67 100 56 50 40 35 8 2 0 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 Gain (loss) on bonds Unit: 100 million yen 18 12 5 10 -40 -6 (
Slide 33: General and Administrative Expenses
General and Administrative Expenses 32 Non- Unit: 100 million yen Personnel personnel Taxes Core OHR* 83.7% expenses expenses 81.6% 90% 79.6% 77.4% 600 80% 70.2% 70.4% 66.8% 70% 500 57.2% 60% 400 49.4% 50% 315 298 288 299 299 293 294 299 300 285 40% 30% 168 166 170 166 177 200 164 162 169 166 20% 10
Slide 34: Credit-Related Expenses
Credit-Related Expenses 33 Unit: 100 million yen Credit-related expenses Credit cost ratio* 0.10% 50 0.07% 0% 0.05% 0.05% 0.05% 0.02% 0.02% 0.03% 39 0.02% 0% 40 0% 30 22 22 0% 20 17 18 0% 7 8 7 10 6 0% 0 0% Provision of general (6) (8) (5) 4 17 9 12 3 1 allowance for loan losses Provision of specifi
Slide 35: Ordinary Profit and Profit
Ordinary Profit and Profit 34 Unit: 100 million yen Ordinary Profit Profit 300 272 250 199 199 200 151 143 150 136 111 107 105 97 86 91 82 100 60 65 60 48 48 50 0 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 The 20th Mid-Term Management Plan The 21st Mid-Term Management Plan The 22
Slide 36: Documents (Non-Financial Information)
35 I. FY2025 Financial Summary II. Outline of the 22nd Management Plan III. Initiatives for Enhancing Corporate Value IV. Basic Agreement Concerning Business Integration Documents (Stand-Alone Financial Information) Documents (Non-Financial Information) Copyright © 2026 The Bank of Nagoya, Ltd. All
Slide 37: Sustainability
Sustainability 36 Higashiyama Zoo and Botanical Meigin Green Foundation Gardens Established in 1975 as a commemorative project for the bank’s In 2011, Nagoya City and the bank signed an agreement on 25th anniversary “collaboration and cooperation for the Higashiyama Zoo and Botanical Gardens revital
Slide 38: Sustainability
Sustainability 37 Financial education Inheritance services To support asset formation from a medium- to long-term We have obtained approval for concurrently conducting trust perspective for regional customers, we actively conduct services, thereby providing a one-stop solution for customers’ financi
Slide 39: Sustainability
Sustainability 38 Automotive supply chain support office Nagoya capital partners Established to provide deeper support to the automotive supply chain, a key industry in Aichi Prefecture Supporting the resolution of various management challenges through fund investment “Wide-area Collaboration Agreem
Slide 40: Sustainability
Sustainability 39 Corporate consulting Recruitment services Meigin Sustainability-Link Loan ⚫ Support business growth through recruitment ⚫ Support for sustainable business strategies and corporate value enhancement for client companies Number of contracts 131 contracts (FY2025) (Cumulative as of en
Slide 41: Human Capital Strategy
Human Capital Strategy 40 Engagement Reform 2.0 Engagement Reform 2.0: Enhancing organizational effectiveness through strengthening human capabilities Enhancing growth potential Enhancing Human Capabilities [Self-Efficacy + Integrity] Developing an environment in which all employees can thrive AS-IS
Slide 42: Human Capital Strategy
Human Capital Strategy 41 The 22nd Management Plan “Non-financial” objectives DEI&B FY2022 (at the time of management plan FY2025 Actuals FY2027 Target In the “Work Reform 2.0” initiated in April 2026, the concept formulation) has evolved from conventional DE&I to DEI&B*4 Female Representation Rate*
Slide 43: DX Strategy
DX Strategy 42 Action plan Digital transformation of Personalization and enhanced Digital transformation of Operational efficiency and data banking services contact points operations and administration utilization Personalized proposals and streamlined Deepen transactions through highly precise pers
Slide 44: DX Strategy
DX Strategy 43 Implementation of the Next-Generation Branch System Implementation of Copilot Replace some branch terminals with tablet devices and Reduce administrative task time by utilizing conversational AI promote semi-self service procedures “Copilot” for document creation, information summariz
Slide 45: The Bank of Nagoya, Ltd. Public Relations Group
44 The Bank of Nagoya, Ltd. Public Relations Group, Corporate Planning Department 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 fut