Chugin Financial Group,inc. · TSE:5832
Chugin Financial Group,inc — FY2024 Earnings Presentation
55 slides from Chugin Financial Group,inc's earnings presentation, March 2025
Slide 1: FY2024 Earnings Results Briefing (References)
FY2024 Earnings Results Briefing (References) Our challenges build our future. Chugin Financial Group, Inc. Materials 1
Slide 2: Table of Contents of References
Our challenges build our future. Table of Contents of References Chugin Financial Group, Inc. Economic Structure of Okayama Prefecture Management Indicators, etc. for Chugin Financial Group, Inc. Economic Scale of Okayama Prefecture 4 Comprehensive Income Table 22 Industrial Structure of Okayama Pre
Slide 3: Economic Structure of Okayama Prefecture
Economic Structure of Okayama Prefecture
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 k㎡ 1.9 17 Jan. 2025 Municipality Population, Demographics, and Population 1,851,000 1.5 20 Number of H
Slide 5: Economic Scale of Okayama Prefecture
Our challenges build our future. Economic Scale of Okayama Prefecture Chugin Financial Group, Inc. Gross Domestic Product by Prefecture at (Trillion yen) 都道府県別名目県内総生産額と対前年増加率 Current Prices and YoY Change (%) 120 113 10 Gross prefectural domestic product at current prices (Left scale) 100 YoY growth
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 Transport, postal service Other services Finance, insurance Health and hygiene, Education social welfare Professional/science Man
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) (％) 20.0 Okayama 15.0 Hiroshima 10.0 5.0 Kagawa 0.0 2012 2013 20
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
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 (Thousand people) 2,500 Estimates 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 2
Slide 10: Growth Infrastructure and Potential of Okayama Prefecture (3)
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 and one north-south highway intersect within the prefecture. Sea of Japan Yonago, Okayama, and Seto
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 千ドル 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 Y
Slide 12: Growth Infrastructure and Potential of Okayama Prefecture (5)
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
Slide 13: Economic Conditions of Okayama Prefecture
Economic Conditions of Okayama Prefecture
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 downward pressure from rising prices. in the U.S. Simultaneous terrorist attacks Asian currency crisis Consumption tax hike BOJ quantitative easin
Slide 15: Local Economic Trends (2)
Our challenges build our future. Local Economic Trends (2) Chugin Financial Group, Inc. Industrial production: On the rise [Industrial production index] (2020 indexed at 100; seasonally adjusted) 120 110 100 90 80 2020/1 2021/1 2022/1 2023/1 2024/1 2025/1 Source: Okayama Prefecture Statistical Analy
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] Okayama Prefecture Nationwide (％) Manufacturing Non-manufacturing Total Manufacturing Non-manufacturing Total
Slide 17: Local Economic Trends (4)
Our challenges build our future. Local Economic Trends (4) Chugin Financial Group, Inc. Consumer spending: Gradually recovering despite downward pressure from rising prices. [Department store and supermarket sales (existing stores; YoY)] (％) 15 10 5 0 -5 -10 -15 2020/1 2021/1 2022/1 2023/1 2024/1 20
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 2020/1 2021/1 2022/1 2023/1 2024/1 2025/1 Source: MLIT [Renta
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 2020/1 2021/1 2022/1 2023/1 2024/1 2025/1 Source
Slide 20: Local Economic Trends (7)
Our challenges build our future. Local Economic Trends (7) Chugin Financial Group, Inc. Land prices: Gradually picking up [Official land price (YoY)] (％) 3.0 2.0 住宅地 Residential area Commercial 商業地 1.0 area 0.0 -1.0 -2.0 -3.0 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Source: Hilly and M
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 (or as of March 31, 2022) of the former
Slide 22: Summary of Earnings
Our challenges build our future. Summary of Earnings Chugin Financial Group, Inc. 【Consolidated】 FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 FY2024 (Million yen) 1H 1H 1H 1H 1H Ordinary revenue 58,173 116,976 60,594 128,565 89,629 179,860 88,355 184,661 102,919 211,734 Banking rev
Slide 23: Capital Adequacy Ratio
Our challenges build our future. Capital Adequacy Ratio Chugin Financial Group, Inc. 【Consolidated】（％,100 million yen） 1H FY2021 FY2021 1H FY2022 FY2022 1H FY2023 FY2023 1H FY2024 FY2024 Overall capital adequacy ratio 13.90 13.83 12.76 12.87 12.20 14.05 13.67 12.89 Tier 1 ratio 13.65 13.57 12.50 12.
Slide 24: Capital Allocation and Integration Risks, etc.
Our challenges build our future. Capital Allocation and Integration Risks, etc. Chugin Financial Group, Inc. FY2024 result FY2025 plan [Allocation source] Figures in parentheses represent comparisons with FY2024. (billion yen) [Allocation source] (billion yen) Acceptable risk level (1) Allocated cap
Slide 25: Allocated Capital Usage and Assumptions for Risk Amount Calculation
Allocated Capital Usage and Assumptions for Risk Amount Calculation Our challenges build our future. Chugin Financial Group, Inc. The capital allocation and integration risk in FY2024 and the capital allocation in FY2025 are as shown in the table below. (billion yen) FY2024 FY2025 Allocation amount
Slide 26: Status of Group Companies
Our challenges build our future. Status of Group Companies Chugin Financial Group, Inc. Business line Effective equity FY2022 FY2022 FY2023 FY2023 FY2024 FY2024 （million yen,%） ratio 1H 1H 1H Ordinary income 7,006 17,461 5,558 12,080 8,037 14,715 The Chugin Lease Company, Leasing 100 Ordinary profit
Slide 27: Key Press Releases
Key Press Releases Our challenges build our future. Chugin Financial Group, Inc. Started development of a non-face-to-face application service for various procedures for corporations and self-employed 2024 Oct. 1 [BK] individuals Oct. 4 [FG] Chugin DX Fair 2024, our largest DX fair Oct. 29 [BK] Open
Slide 28: Management Indicators, etc. for The Chugoku Bank
Management Indicators, etc. for The Chugoku Bank
Slide 29: Summary of Earnings (1)
Our challenges build our future. Summary of Earnings (1) Chugin Financial Group, Inc. 【Non-Consolidated】 FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 FY2024 (Million yen) 1H 1H 1H 1H 1H Ordinary revenue 49,824 99,765 51,869 110,337 82,338 164,467 79,483 165,786 92,127 190,625 Banki
Slide 30: Summary of Earnings (2)
Our challenges build our future. Summary of Earnings (2) Chugin Financial Group, Inc. 【Non-consolidated】 FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 FY2024 （Million yen） 1H 1H 1H 1H 1H Bond-related gains/losses 822 -552 -447 -2,949 -15,362 -19,778 -1,279 -776 -2,023 -2,829 Gains o
Slide 31: Breakdown of Ordinary Revenue
Our challenges build our future. Breakdown of Ordinary Revenue Chugin Financial Group, Inc. 【Non-consolidated】 FY2020 FY2020 FY2021 FY2021 FY2022 FY20222 FY2023 FY2023 FY2024 FY2024 （Million yen） 1H 1H 1H 1H 1H Ordinary revenue 49,824 99,765 51,869 110,337 82,338 164,467 79,483 165,786 92,127 190,62
Slide 32: Breakdown of Ordinary Expenses
Our challenges build our future. Breakdown of Ordinary Expenses Chugin Financial Group, Inc. 【Non-consolidated】 FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 FY2024 （Million yen） １H １H １H １H １H Ordinary expenses 38,712 80,720 37,521 86,928 63,113 136,953 66,499 139,098 72,979 156,02
Slide 33: Breakdown of Expenses
Our challenges build our future. Breakdown of Expenses Chugin Financial Group, Inc. 【Non-consolidated】 FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 FY2024 （Million yen） 1H 1H 1H 1H 1H Expenses (1) 26,404 52,783 25,914 51,986 25,330 51,316 26,069 52,881 26,752 55,251 Personnel expen
Slide 34: Principal Returns
Our challenges build our future. Principal Returns Chugin Financial Group, Inc. 【Non-consolidated】 FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 FY2024 （％） 1H 1H 1H 1H 1H １．Interest-bearing asset yield 0.84 0.79 0.77 0.72 0.93 1.01 1.28 1.34 1.40 1.42 Loan yield 0.92 0.90 0.87 0.87
Slide 35: Major Accounts (Year-end Balance): Assets
Our challenges build our future. Major Accounts (Year-end Balance):Assets Chugin Financial Group, Inc. 【Non-consolidated】 FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 FY2024 （100 million yen） 1H 1H 1H 1H 1H Total assets 87,417 91,226 98,542 101,779 96,609 98,034 102,655 107,083 106
Slide 36: Major Accounts (Year-end Balance): Liabilities and Net Assets
Our challenges build our future. Major Accounts (Year-end Balance):Liabilities and Net Assets Chugin Financial Group, Inc. 【Non-consolidated】 FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 FY2024 （100 million yen） 1H 1H 1H 1H 1H Total liabilities and net assets 87,417 91,226 98,542 1
Slide 37: Major Accounts (Average Balance): Assets
Our challenges build our future. Major Accounts (Average Balance):Assets Chugin Financial Group, Inc. [Non-consolidated] FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 FY2024 （100 million yen） 1H 1H 1H 1H 1H Total assets 85,635 87,544 93,337 96,396 100,207 98,905 99,662 101,466 107,2
Slide 38: Major Accounts (Average Balance): Liabilities and Net Assets
Our challenges build our future. Major Accounts (Average Balance):Liabilities and Net Assets Chugin Financial Group, Inc. [Non-consolidated] FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 FY2024 （100 million yen） 1H 1H 1H 1H 1H Total liabilities and net assets 85,635 87,544 93,337 96
Slide 39: Deposits (Year-end Balance)
Our challenges build our future. Deposits (Year-end Balance) Chugin Financial Group, Inc. [Non-consolidated] FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 FY2024 （100 million yen） 1H 1H 1H 1H 1H Okayama 54,855 57,260 57,259 59,388 59,035 61,020 60,583 62,206 60,613 62,279 Individual
Slide 40: Deposits (Average Balance)
Our challenges build our future. Deposits (Average Balance) Chugin Financial Group, Inc. [Non-consolidated] FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 FY2024 （100 million yen） 1H 1H 1H 1H 1H Okayama 54,031 54,653 57,468 57,668 59,824 59,671 60,664 60,581 61,539 61,437 Individuals
Slide 41: Loans (Year-end Balance)
Our challenges build our future. Loans (Year-end Balance) Chugin Financial Group, Inc. [Non-consolidated] FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 FY2024 （100 million yen） 1H 1H 1H 1H 1H General loans 45,659 46,663 46,792 48,087 49,577 51,155 53,364 57,763 58,429 61,170 Large c
Slide 42: Loans (Average Balance)
Our challenges build our future. Loans (Average Balance) Chugin Financial Group, Inc. [Non-consolidated] FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 FY2024 （100 million yen） 1H 1H 1H 1H 1H General loans 44,954 45,610 46,735 46,992 48,622 49,411 51,784 52,907 57,939 58,986 Local de
Slide 43: Loans by Industry (Year-end Balance)
Our challenges build our future. Loans by Industry (Year-end Balance) Chugin Financial Group, Inc. [Non-consolidated] FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 FY2024 （100 million yen） 1H 1H 1H 1H 1H Domestic branches 50,358 51,221 51,343 52,446 53,876 55,293 57,565 61,816 62,45
Slide 44: Loans by Industry (Composition Ratio)
Our challenges build our future. Loans by Industry (Composition Ratio) Chugin Financial Group, Inc. [Non-consolidated] FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 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% Manufact
Slide 45: Market Shares of Deposits
Our challenges build our future. Market Shares of Deposits Chugin Financial Group, Inc. [Year-end balance] FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 FY2024 （％） 1H 1H 1H 1H 1H Okayama Chugoku Bank 49.8 50.3 50.4 51.1 51.2 51.7 51.4 51.3 50.5 51.4 Other banks 50.2 49.7 49.6 48.9 4
Slide 46: Market Share of Loans
Our challenges build our future. Market Share of Loans Chugin Financial Group, Inc. [Year-end balance] FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 FY2024 （％） 1H 1H 1H 1H 1H Okayama Chugoku Bank 42.8 42.9 43.2 43.4 43.6 43.3 44.3 46.0 46.2 46.8 Other banks 57.2 57.1 56.8 56.6 56.4
Slide 47: Securities
Securities Our challenges build our future. Chugin Financial Group, Inc. [Non-consolidated] FY2020 FY2020 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 FY2024 FY2024 （100 million yen） 1H 1H 1H 1H 1H Year-end balance 23,913 26,225 25,653 25,098 25,154 23,192 23,662 25,899 25,565 27,749 JGBs 6,827 7,565 6
Slide 48: Balance and Durations of Securities by Remaining Period
Our challenges build our future. Balance and Durations of Securities by Remaining Period Chugin Financial Group, Inc. Outstanding balance by remaining period to maturity for yen-denominated Securities （100 million yen） 10,000 FY2020 9,000 FY2021 FY2022 8,000 FY2023 FY2024 7,000 6,000 5,000 4,000 3,0
Slide 49: Handling of Housing Loans
Our challenges build our future. Handling of Housing Loans Chugin Financial Group, Inc. [Loans executed by interest type (new houses + refinancing)] [Breakdown of use of loans executed]（％） 160 （100 million yen） Long-term fixed rate Refinancing, etc. 10-year fixed rate 5-year fixed rate 10.7 140 3-ye
Slide 50: Non-performing Loans
Our challenges build our future. Non-performing Loans Chugin Financial Group, Inc. 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） Sep.2020 Mar.2021 Sep.2021 Mar.2022 Sep.2022 Mar.2023 Se
Slide 51: Debtor Classification Transition in 1H
Our challenges build our future. Debtor Classification Transition in 1H Chugin Financial Group, Inc. (Upper level: Forecast Lower level: Value (100 million yen)) Favorable End of Sep 2024 Deterioration turnaround Other Virtually Legally Healthy Substandard Bankrupt Other doubtful loans bankrupt bank
Slide 52: Debtor Classification Transition in 1H (Composition)
Our challenges build our future. Debtor Classification Transition in 1H (Composition) Chugin Financial Group, Inc. (Upper level: Forecast Lower level: Value) Favorable End of Sep 2024 Deterioration turnaround Other Virtually Legally Healthy Substandard Bankrupt Other doubtful loans bankrupt bankrupt
Slide 53: Transition of Debtor Categories: 1 year
Our challenges build our future. Transition of Debtor Categories：1 year Chugin Financial Group, Inc. (Upper level: Number of debtors; Lower level: Value (100 million yen)) Favorable End of March.2025 Deterio-ration turnaround Other loans Manage- Near De facto Other Performing requiring ment Bankrupt
Slide 54: Transition of Debtor Categories: 1 year (Composition)
Our challenges build our future. Transition of Debtor Categories: 1year (Composition) Chugin Financial Group, Inc. (Upper level: Number of debtors; Lower level: Value (100 million yen)) Favorable End of March.2025 Deterio-ration turnaround Other loans Manage-ment Near De facto Other Performing requi
Slide 55: 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. (Matsuo or Inoue) TEL: +81-86-234-6519 Email: souki01@chugin.jp
Chugin Financial Group — FY2024 Earnings Presentation on 6ix