Management Philosophy
- We conduct sound, efficient management.
- We provide superior comprehensive financial services.
- We pursue efforts to promote regional development.
- We seek an identity as a trustworthy bank with strong customer appeal.
Management Vision
"Vitality Creation Bank"
Our mission as a regional financial institution is to contribute to the growth and development of our region and customers. Maximizing all our management and staff capabilities, and creating new value unique to the Nanto Bank Group, we are reinforcing our position as the banking group of choice for customers throughout our region.
Editorial policy
Compiled in pursuit of further understanding among stakeholders of the Nanto Bank Group's strategies for creating sustainable value in the medium-to-long term, this Integrated Report was edited in compliance with the IFRS Foundation's "International Integrated Reporting Framework."
The specific purpose of its creation is to illuminate the path to achievement of our Management Plan, "Nanto Mission and Objectives for the Next 10 Years."
For detailed financial information, please refer to the separately published "Disclosure Supplement."
Scope of coverage
The Report presents key information concerning the Nanto Bank Group's management strategies, business model, business conditions, valued stakeholders, primary risks and opportunities, performance and outlook, and governance.
Covered period
April 1, 2023 ~ March 31, 2024
Date issued
July 2024
Precautions concerning future predictions
This report contains forecasts and statements concerning the future prospects for the Nanto Bank Group's business strategies and financial condition. These forecasts and statements involve risks and uncertainties stemming from their dependence on future events. Please be aware that the actual results may differ materially from those foreseen by the Nanto Bank Group.
About Nanto Bank | Nanto Group Corporate | Practicing Sustainable | Local Market |
Value Enhancement | Management | Revitalization | |
Strengthening | Control of Net Assets | Governance | Consolidated Financial |
Profitability | Statements | ||
CONTENTS
About Nanto Bank
Information Highlights | 2 |
President's Message | 4 |
90th Anniversary | 10 |
Board of Directors' Opinion Exchange | 12 |
Progress under the Management Plan | 16 |
Nara Prefecture's Challenges and Potential | 18 |
Roundtable Discussion
Reinforcing the Group's earning power and enhancing its corporate value through consulting sales
Supporting Customers' Efforts to Increase Corporate Value
Stabilization of Market Sector Earnings DX strategy
Dialogue
Basis for creation and presentation
48
52
54
56
The Group's Materialities | 20 |
Value Creation Process | 22 |
Nanto Group Corporate Value Enhancement
Management and Action Plans | 26 |
Practicing Sustainable Management
New Nanto Bank app designed to generate | 60 |
new customer contacts | |
Message | 63 |
No One Left Behind DX | |
~Solving issues in depopulated areas~ | |
Control of Net Assets | 64 |
Governance
Cultivating "Unconventional" Human Resources | 28 |
Sustainability Initiatives | 32 |
Local Market Revitalization
Regional Issue Resolution | 38 |
Roundtable Discussion | |
Contributing to regional economic and | 41 |
social development through support for |
entrepreneurs who aspire to solve social issues
Corporate Governance
Corporate Governance | 66 |
Executive Officers | 72 |
Roundtable Discussion with Audit Committee Members | 74 |
Toward more advanced internal auditing | |
Risk Management System Enhancement | 78 |
Stakeholder Engagement | 82 |
Overview of the Nanto Bank Group | 86 |
Strengthening Profitability | Consolidated Financial Statements | |
Supporting Customers' Asset Accumulation
Supporting Customers' Efforts to Increase Corporate Value
Compiling the Nanto Report
44
46
Consolidated Financial Statements | 88 |
Independent Auditors' Report | 128 |
Capital Management | 134 |
Icons representing the eight categories of content advocated by the IFRS Foundation's "International Integrated Reporting Framework" have been employed to further clarify understanding of the Nanto Bank Group's corporate culture.
Organizational overview and external environment
What is the nature of the operating environment, and how is the Bank organized to respond?
Risks and opportunities
The real risks and opportunities affecting our ability to create value in the short, medium and long term, and ways of dealing with them.
Outlook
What are the challenges and uncertainties for executing strategies, and how might they impact the Bank's business model and future performance?
Governance
How does the governance structure ensure short-, medium- and long-term value creation?
Business model
What is the business model, and how resilient is it?
Nanto Bank Profile (as of March 31, 2024)
Established: | June 1, 1934 |
Headquarters: | 16 Hashimoto-cho, Nara, Japan |
Capitalization: | ¥37,924.15 million |
Strategies and resources allocation | Basis for creation and presentation |
How were the contents of the Report quantified and | |
What are our goals, and how do we plan to reach them? | |
evaluated, and how were they selected? | |
Performance
To what extent is the Bank achieving its strategic objectives, and what is the effect on capital?
Nanto Bank Co., Ltd. was established on June 1, 1934 through a merger of Sixty-eight Bank Co., Ltd., Yoshino Bank Co., Ltd., Yagi Bank Co., Ltd. and Gose Bank Co., Ltd.
Today, the Bank and its Group offer comprehensive financial services, including leasing, trusts, securities and consulting, in addition to the banking business (deposits, loans, exchange, etc.), with Nara prefecture and the surrounding region as its primary base of operations.
Nanto Report 2024, the integrated report of Nanto Bank 1