Bank Of The Ryukyus,limited · TSE:8399
Bank Of The Ryukyus,limited — H1 FY2025 Earnings Presentation
53 slides from Bank Of The Ryukyus,limited's earnings presentation, 2025
Slide 1: Investor Presentation: Financial Results Briefings for the Interim Period of FY2025
Investor Presentation Financial Results Briefings for the Interim Period of FY2025 (Ending Mar. 2026) The 34th (FY2025) Ryugin Bingata Design Contest, General Category, Design Award, “Seven- C o l o r e d S u n f l o w e r F i e l d ” b y W a k a n a S h i m a j i r i
Slide 2: Contents
Contents ■Performance Highlights for the Interim Period ■Corporate Value Enhancement Initiatives of FY2025 (Ending Mar. 2026) Current Situation and Future Vision ････18 Loans (1) ････32 Impact of Rising Interest Rates on ････19 Loans (2) ････33 Key Points of Financial Results ････4 Performance Secur
Slide 3: Performance Highlights for the Interim Period of FY2025
Performance Highlights for the Interim Period of FY2025 (Ending Mar. 2026)
Slide 4: Key Points of Financial Results
Key Points of Financial Results Consolidated: Non-consolidated: Increase in Revenue and Profit Increase in Revenue and Profit Ordinary income (39.2 billion yen) Year-on-Year: +13.6% Ordinary income (27.1 billion yen) Year-on-Year: +19.9% Ordinary profit (7.4 billion yen) Year-on-Year: +46.0% Net cor
Slide 5: Profits (Net Core Business Profit)
Profits (Net Core Business Profit) Trends in net core business profit Factors behind changes in net core (100 million yen) business profit (100 million yen) 7 5 1 Increased expenses 5 Increase in fees and commissions Others 11 Increase in interest and dividends on profit Increase in net interest inc
Slide 6: Profits (Interim Net Income)
Profits (Interim Net Income) Trends in interim net income Factors behind changes in interim (100 million yen) (100 million yen) net income 3 6 5 5 Decreased gains and losses on Increased corporate tax, etc. Decreased net credit costs Others 19 stocks, etc. 47 Increased net core business profit 55 52
Slide 7: Forecast for FY2025 (Ending March 31, 2026)
Forecast for FY2025 (Ending March 31, 2026) Mainly due to increases in loan interest and interest and dividends on securities, net core business profit from the core business remained steady. As a result, the earnings forecast for FY2025 ending March 2026 was revised upward. (100 million yen) FY2025
Slide 8: Shareholder Returns
Shareholder Returns Revised from initial forecast of 40 yen to Annual Dividends Per Share 54 yen 37 35 54円 54 yen 35円 37円 38円 35 yen 37 yen 38 yen (Million yen / %) Mar. 2023 Mar. 2023 Mar. 2024 Mar. 2024 Mar. 2025 Mar. 2025 Mar. 2026 Mar.(Forecast) 2026 (Scheduled) Total dividends 1,470 1,541 1,571
Slide 9: Key Strategies
1 Key Strategies
Slide 10: Developing a Sustainable Revenue Model
Developing a Sustainable Revenue Model Strategic investment in three areas Develop a Sustainable Revenue Model Okinawa’s potential and competitive Characteristics of the current earnings (systems, human capital, and advantages built over time structure regional economies) [Systems] Provide easy-to-u
Slide 11: Okinawa's Potential and the Initiatives of the Bank of the Ryukyus
Okinawa’s Potential and the Initiatives of the Bank of the Ryukyus To maximize the potential of Okinawa, provide optimal solutions for tourism industry support, inheritance- related needs, etc. (Tens of thousands of visitors) (100 million yen) (100 million yen) Number of Tourists Income from tourism
Slide 12: Initiatives for the Development of the Tourism Sector Through Project Finance
Initiatives for the Development of the Tourism Sector Through Project Finance, etc. The Bank is the only regional bank in the prefecture capable of arranging syndicated loans. We support the development of the tourism industry by financing large-scale projects within the prefecture. Amount of syndic
Slide 13: Contribution to the Tourism Industry Through Cashless Payments
Contribution to the Tourism Industry Through the Promotion of Cashless Payments The only regional bank in the prefecture to operate an acquiring business Enhance convenience for tourists and local residents by supporting and rolling out payment services for stores, facilities, and transportation sys
Slide 14: Initiatives Toward Decarbonization to Create Attractive Tourist Destinations
Initiatives Toward Decarbonization to Create Attractive Tourist Destinations Position decarbonization as a key initiative to build a sustainable regional economy in tourism-oriented Okinawa, and roll out initiatives that are advanced on a nationwide basis Cumulative revenue from (100 million yen) Cu
Slide 15: Response to an Aging Society
Response to an Aging Society Develop proprietary services tailored to the unique needs of Okinawa Based on more than 2,700 support cases, raise awareness of preparedness for an aging society through seminars, column publications, and other initiatives Cumulative number of inheritance (No. of Cases)
Slide 16: Research and Studies Aimed at Solving Okinawa's Challenges
Research and Studies Aimed at Solving Okinawa’s Challenges, and Public- Private Partnership Consulting Activities of the Group company, Ryugin Research Institute Ltd. Consulting Services Supporting Research and proposals on economic and social issues in Okinawa Public-Private Coordination Accelerate
Slide 17: Corporate Value Enhancement Initiatives
Corporate Value Enhancement Initiatives
Slide 18: Current Situation and Future Vision
Current Situation and Future Vision (%) ROE and Cost of Shareholder’s Equity Enhancement initiatives to increase net 9.5 interest income (deposits, loans, and securities) Strengthen profitability Improve risk-weighted asset profitability 7.5 Cost of shareholder’s equity → p. 21 & 22 Approx. 6–8% Rol
Slide 19: Impact of Rising Interest Rates on Performance
Impact of Rising Interest Rates on Performance ■ Yen Interest Rate Balance Sheet ■ Estimated Impact on Net Core Business Profit (FY2027 Ending Mar. 2028) Assets Liabilities / Net Assets Assumption: Based on the Medium-Term Management Plan “Empower 2025” (through Mar. 2028) Conditions Estimate for ne
Slide 20: Strategic Investments
Strategic Investments Strategic Investment Policy [Invest in human capital] [Investment in systems] [Investment in regional economies] Expansion of revenue and improvement of Foundation for future profitability and Contributing to business growth and customer satisfaction reliability regional develo
Slide 21: Deposit and Loan Balances
Strengthen profitability Deposit and Loan Balances Deposit and other balances (year-end) Loan balance (year end) (100 million yen) (100 million yen) 30,500 30,100 30,000 21,800 29,500 28,951 20,376 29,000 28,500 28,458 19,267 28,000 27,887 27,500 18,185 18,266 18,288 27,000 26,500 Sep. 2023 Sep. 202
Slide 22: Expansion of Service Charge Businesses
Strengthen Expansion of Service Charge Businesses profitability (Three Key Businesses Successfully Internalized) (Affiliate Shops) Trends in no. of merchants ■ Cashless Business 13,000 12,980 12,960 12,940 12,920 12,900 12,880 12,860 12,840 12,820 12,800 12,780 12,760 12,740 12,720 12,700 12,680 12,
Slide 23: Capital Management
Effective use of capital Capital Management (%) 12.00 Target Capital Adequacy Ratio 11.00 (Consolidated): Approx. 10% ■ Capital Utilization 1. Accumulation of risk assets ・ Loans: Proactive funding to support Okinawa’s strong economy 10.00 ・ Securities: Building strategic portfolios and Capital Capi
Slide 24: Regional Decarbonization Support and ESG Evaluation Improvement
Implement Sustainability Management Regional Decarbonization Support and ESG Evaluation Improvement First in Okinawa’s financial sector! Started offering positive impact finance ■ Initiatives We Support, Etc. In October 2025, the Bank began offering loan products that support sustainability manageme
Slide 25: Initiatives for Regional Revitalization
Revitalize the local economy Initiatives for Regional Revitalization Conclusion of a collaboration First in Okinawa! BOR Venture Debt Donation-type time deposit agreement with OIST (Okinawa Launched in September 2025 Launch of the “Magokoro Time Institute of Science and Technology) Deposit” Jul. 202
Slide 26: Human Capital Management: Build a Strategic Human Resources Portfolio
Develop Strategic Talent Portfolio Human Capital Management: Build a Strategic Human Resources Portfolio <Long-term vision> Realize “a financial group that grows together with the local ■ Introduction of RS Incentive System for the Bank Employee community by achieving a beneficial cycle in the local
Slide 27: Materials
1 Materials
Slide 28: Financial Summary
Financial Summary (100 million yen) Bank of the Ryugin FY2025 Interim Ryukyu Lease RYUCOM OCS Ryugin Hosho Ryukyus DC [Consolidated] YoY YoY YoY YoY YoY YoY YoY Ordinary income 392 +47 271 +45 95 +3 16 -0 10 +0 9 +0 3 -0 Ordinary profit 74 +23 65 +21 4 +1 -0 -1 2 +1 2 +0 1 -0 Interim net income attr
Slide 29: Performance Digest
Performance Digest (Million yen) Sep. 2021 Sep. 2022 Sep. 2023 Sep. 2024 Sep. 2025 YoY Ordinary income 19,395 20,323 22,480 22,619 27,138 +4,519 Gross operating profit 15,708 15,668 14,575 15,991 18,711 +2,719 Net interest income 13,975 13,910 13,601 14,770 16,820 +2,049 Fees and commissions 1,618 1
Slide 30: Net Interest Income
Net Interest Income (Year-end balance / Million yen) Sep. 2021 Sep. 2022 Sep. 2023 Sep. 2024 Sep. 2025 YoY Net interest income 13,975 13,910 13,601 14,770 16,820 +2,049 Loan and deposit balance 13,074 12,851 12,904 12,943 14,065 +1,122 Loan interest 13,142 12,889 12,953 13,362 16,507 +3,145 Interest
Slide 31: Deposits, etc.
Deposits, etc. (Year-end balance / 100 million yen) Sep. 2021 Sep. 2022 Sep. 2023 Sep. 2024 Sep. 2025 YoY Deposits, etc. 25,395 26,908 27,887 28,458 28,951 +493 Individual 16,358 16,854 17,143 17,514 17,657 +143 Corporate 7,409 7,816 8,401 8,647 8,760 +112 Public funds, etc. 1,626 2,237 2,342 2,296
Slide 32: Loans (1)
Loans (1) (Year-end balance / 100 million yen) Sep. 2021 Sep. 2022 Sep. 2023 Sep. 2024 Sep. 2025 YoY Total loans 18,185 18,266 18,288 19,267 20,376 +1,108 Individual 9,371 9,464 9,568 9,775 9,935 +160 Corporate 6,972 7,049 6,958 7,166 7,323 +157 (excl. syndicated loans) Loans to local gov’ts, others
Slide 33: Loans (2) (Status by Usage)
Loans (2) (Status by Usage) Mortgage loan Syndicated loans Balance Yield Balance Yield 6,800 (100 million yen / %) 1.5 (100 million yen / %) 2,500 6,600 0.74 0.76 0.82 0.71 0.67 0.61 1 6,400 2,000 0.55 1,844 0.38 0.44 6,200 0.5 0.33 5,986 1,500 6,000 5,821 Breakdown of Loan Balances by Use 5,800 5,6
Slide 34: Securities
Securities (100 million yen) Sep. 2021 Sep. 2022 Sep. 2023 Sep. 2024 Sep. 2025 YoY Balance of securities 3,335 4,038 6,694 7,395 7,184 -211 Government bonds 491 746 3,543 4,862 4,787 -74 Local government bonds 1,757 1,781 1,752 1,561 1,353 -208 Corporate bonds 230 157 146 113 78 -35 Foreign bonds 67
Slide 35: Fees and Commissions / Profit from Service Charges
Fees and Commissions / Profit from Service Charges (Million yen) Sep. 2021 Sep. 2022 Sep. 2023 Sep. 2024 Sep. 2025 YoY Fees and commissions 1,618 1,922 1,757 2,259 2,401 +141 Fees and commissions 4,139 4,515 4,744 5,402 5,824 +422 Fees and commissions Factors behind YoY change in profit 2,520 2,593
Slide 36: Cashless Business
Cashless Business (Million yen) Sep. 2021 Sep. 2022 Sep. 2023 Sep. 2024 Sep. 2025 YoY Profit from cashless-related 233 326 376 420 502 +82 service charges Acquiring (merchants) 100 174 206 228 306 +77 Issuing (card issue) 132 152 169 192 196 +4 Credit card transaction volume (100 million yen) 371 49
Slide 37: Individual and Corporate Consulting
Individual and Corporate Consulting (Million yen / Case) Sep. 2021 Sep. 2022 Sep. 2023 Sep. 2024 Sep. 2025 YoY Fees related to corporate 235 404 234 323 242 -80 consulting Business Succession / M&A 43 78 46 96 109 +13 Business Matching 27 35 67 101 61 -40 Structured finance 131 237 74 98 60 -37 Othe
Slide 38: Expenses
Expenses (100 million yen) Sep. 2021 Sep. 2022 Sep. 2023 Sep. 2024 Sep. 2025 YoY Expenses 122 121 126 129 134 +5 Labor costs 52 52 54 57 59 +2 Non-personnel expenses 60 59 62 62 64 +2 System-related 30 29 33 32 35 +3 Store-related 10 11 11 10 10 +0 New headquarters construction 2 3 3 1 1 -0 Energy-r
Slide 39: Net Credit Costs and Disclosed Bad Debt
Net Credit Costs and Disclosed Bad Debt [Net Credit Costs] (100 million yen) Sep. 2021 Sep. 2022 Sep. 2023 Sep. 2024 Sep. 2025 YoY Net credit costs -5 -10 -22 1 -4 -5 General provision for doubtful -5 -11 -15 -1 -1 -0 accounts* Individual provision for doubtful 1 -7 2 -3 -5 accounts Loan amounts wri
Slide 40: Reference: Summary of Profit/Loss Trends
Reference: Summary of Profit/Loss Trends (Based on Profit from Customer Services) (Million yen) Sep. 2021 Sep. 2022 Sep. 2023 Sep. 2024 Sep. (Million 2025yen) YoY Profit from Customer Services*1 2,409 2,655 2,055 2,291 3,011 +719 Deposit and loan balance*2 11,563 11,334 11,214 11,284 12,550 +1,266 P
Slide 41: Summary of Okinawa Economy
1 Summary of Okinawa Economy
Slide 42: Tankan/Economic Overview of Okinawa Prefecture
Tankan/Economic Overview of Okinawa Prefecture The prefectural economy is in an expansionary trend. Business Conditions DI (Favorable/Unfavorable) 42 39 Prospects Economic Overview of Okinawa Prefecture 40 Nationwide Okinawa 39 36 ■ According to the Tankan’s business conditions DI, the 20 12 10 14 1
Slide 43: Increase/Decrease in Population and Projected Future Households
Increase/Decrease in Population and Projected Future Households The total population in Okinawa Prefecture has remained nearly unchanged, but declined for the first time since 2022. However, the number of households is likely to continue increasing for now. Population Change Rate (Right Axis) Projec
Slide 44: Number of Tourists, Hotel Occupancy Rates and Room Rates
Number of Tourists, Hotel Occupancy Rates and Room Rates The tourism-related sector is showing increasing expansion due to rising tourism demand. The number of tourists in FY2024 reached the second highest level ever. (No. of Persons) Numbers of Tourists (%) Occupancy Rates and Room Rates for (Yen)
Slide 45: Development Status of Hotels and Other Facilities in Okinawa
Development Status of Hotels and Other Facilities in Okinawa Investment in Okinawa remains strong, and openings, including for luxury hotels, are expected to continue into the future. Opening date Location Hotel name No. of rooms Hotel Jan. 2026 Naha City Iconic Naha 257 rooms Hotel Jul. 2026 Fuchak
Slide 46: Unemployment Rates, Job-openings-to-applicants Ratios, and Corporate Bankruptcies
Unemployment Rates, Job-openings-to-applicants Ratios, and Corporate Bankruptcies Regarding the employment situation, the job-openings-to-applicants ratio remains above 1. The number of corporate bankruptcies has been calm. Unemployment Rates and Job-openings-to- No. of Corporate Bankruptcies and To
Slide 47: Official Land Price and Construction Unit Price
Official Land Price and Construction Unit Price Official land prices increased 7.2% year-on-year on average for all land uses, representing an increase for the twelfth straight year with the rate of change increasing by 1.7 points year-on-year. The growth rate in residential areas was the highest in
Slide 48: Public Construction Contract Amounts and Backlog Amounts
Public Construction Contract Amounts and Backlog Amounts from Construction Orders Public construction contract amounts remain robust. Although backlog amounts from construction orders remain at a high level, new order intake has declined. The Variation Amount of Backlog Amounts from (Million yen) 16
Slide 49: New Housing Construction Projects Started and Consumption Trends
Numbers of New Housing Construction Projects Started and Consumption Trends The number of new housing construction projects started declined from the previous year. Consumption trends remain firm in the retail sector. (Units) Numbers of New Housing Construction Projects Started 18,000 (%) Consumptio
Slide 50: About Bank of the Ryukyus
1 About Bank of the Ryukyus
Slide 51: Bank of the Ryukyus Overview
Bank of the Ryukyus Overview Company Profile Affiliated Companies 1-7-1 Kumoji, Naha, Okinawa Prefecture Established May 1, 1948 May 10, 1972 Address 346 million yen (100% stock ownership by Bank of the Ryukyus) Established Leasing and installment-selling of information-related Capital devices/equip
Slide 52: Bank of the Ryukyus History
Bank of the Ryukyus History May 1948 Precursor organization established via the Military Government Ordinance No. 1 Bank of the Ryukyus was originally established on May 1, 1948, as a special banking organization via the U.S. Military Government Ordinance. The U.S. government provided 51% of the cap
Slide 53: About This Document
About This Document Contact information for questions about this document: General Planning Department, Bank of the Ryukyus, Limited Tel : 098-860-3787 Fax : 098-862-3672 E-mail : ryugin@ryugin.co.jp The information in this document is on a non-consolidated basis unless otherwise specified. Informat
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