Results of 1H FY2017

Nov. 20, 2017

Hisashi Shibata

President The Shizuoka Bank, Ltd.

Contents

Results of 1H FY2017

Results of 1H FY2017 -Nonconsolidated

・・・・・・

1

Results of 1H FY2017

-Breakdown of increase or decrease in nonconsolidated ordinary income

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2

Results of 1H FY2017 -Consolidated

・・・・・・

3

Results Highlights -Gross operating profit

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4

Loans

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5

Consumer loan

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6

Developing and monetizing new business fields (1)

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7

Developing and monetizing new business fields (2)

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8

Developing and monetizing new business fields (3)

-Cross-industry collaboration

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9

Collaboration with Monex Group

・・・・・・

10

Internet Branch

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11

Fees and commissions

・・・・・・

12

Customer assets

・・・・・・

13

Deposits

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14

Securities

・・・・・・

15

Next Generation System (1) -Outline

・・・・・・

16

Next Generation System (2) -Expected effect

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17

Expenses

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18

Credit-related costs

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19

Risk-management loans

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20

Capital adequacy ratio

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21

Shareholder return (1) -Profit distribution

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22

Shareholder return (2) -Share buybacks,

Trends in EPS/BPS

・・・・・・

23

Shareholder return (3) -Share buybacks (Time series data)

・・・・・・

24

Projected performance in FY2017

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25

Reference

Loans -Term-end balance

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26

Loans -Loans by industries

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27

Risk capital allocation

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28

Group companies

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29

Shizugin TM Securities Co., Ltd.

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30

Strategic shareholdings

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31

Global network

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32

ESG initiatives -Adoption for constituent brand of ESG index

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33

ESG initiatives -Corporate Governance Structure

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34

Regional revitalization

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35

Region-based Relationship Banking (1)

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36

Region-based Relationship Banking (2)

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37

Economic scale of Shizuoka Prefecture

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38

Economy in Shizuoka Prefecture and current state

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39

Historical data of loans

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40

Historical data of deposits

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41

Profit levels and productivity improvement

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42

Overview of the 13th Medium-term Business Plan (1)

-Name of the plan/ Group vision, Key management Indicator

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43

Overview of the 13th Medium-term Business Plan (2) -Basic strategy

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44

Overview of the 13th Medium-term Business Plan (3)

-Structural reforms

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45

Overview of the 13th Medium-term Business Plan (4)

-Structure of consolidated ordinary profit plan

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46

Overview of the 13th Medium-term Business Plan (5) -Target figures

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47

Results of 1H FY 2017 Results of 1H FY2017 - Nonconsolidated

Overview: 1H FY2017 nonconsolidated

Ordinary revenue

JPY -3.1bn YoY

(continued decrease in 2 periods)

Nonconsolidated

JPY bn, %

1H

FY2017

YoY change

Increase/ Decrease

Rate of change

Ordinary revenue

90.5

-3.1

-3.2

Gross operating profit

62.5

-15.5

-19.8

Net interest income

Interest on loansFees and commissions Trading income

Other operating profit

(Bond-related income such as JGBs)

53.9

(49.4)

7.7

0.4

0.6

(0.4)

-3.1

(+2.5)

-0.4

+0.2

-12.2

(-11.9)

-5.3

(+5.2)

-5.0

+83.3

-95.4

(-96.4)

Expenses (-)

41.8

+1.6

+3.7

Actual net operating profit *

20.8

-17.0

-44.9

Provision for general allowance for

loan losses (-)

0.0

-0.2

-

Net operating profit

20.8

-16.8

-44.6

Special profit and loss

10.5

+12.8

+564.8

Bad debt written-off (-) Gainonreversalsfromloanloss reserves Gain (loss) on stocks

0.1

6.8

4.2

-2.8

+6.8

+4.2

-96.0

-

-

Ordinary profit

31.3

-4.0

-11.2

Extraordinary profit and loss

-0.0

+12.5

+99.9

Net income before taxes

31.3

+8.5

+37.1

Corporate taxes (-)

8.9

-1.1

-10.9

Interim net income

22.4

+9.6

+74.9

  • Despite an increase of reversal of allowance for loan losses of JPY 6.8bn YoY and gains on the sales of stocks amounting to JPY 4.2bn YoY, ordinary revenue decreased by JPY 3.1bn YoY to JPY 90.5bn reflecting decrease of gains on the sales(down JPY11.9 bn YoY) and interests (down JPY4.6bn YoY) of foreign bonds

    Gross operating profit

    JPY -15.5bn YoY

    (continued decrease in 4 periods)

  • Gross operating profit decreased by JPY 15.5bn YoY to JPY 62.5bn,

    reflecting a drop of JPY 12.2bn YoY in other operating profit mainly due to a decrease of JPY 11.9bn YoY in gains on the sales of foreign bonds, and a decrease of JPY 3.1bn in net interest income reflecting decrease of interests (down JPY4.6bn YoY) of foreign bonds

    Net operating profit

    JPY -16.8bn YoY

    (continued decrease in 2 periods)

  • Net operating profit decreased by JPY 16.8bn YoY to JPY 20.8bn due to an increase of JPY 1.6bn in expenses in addition to a decrease in gross operating profit

    Ordinary profit

    JPY -4.0bn YoY

    (continued decrease in 3 periods)

  • Despite an increase of JPY 6.8bn in reversal of allowance for loan losses and JPY 4.2bn in gains on stocks, ordinary profit decreased JPY 4.0bn YoY to JPY 31.3bn

Interim net income

JPY +9.6bn YoY (first increase in 2 periods)

* Actual NOP=NOP + Provision for general allowance for loan losses

  • Interim net income increased JPY 9.6bn YoY to JPY 22.4bn due to

the elimination of JPY 12.4bn in losses on valuation of stocks of Monex Group, Inc. 1

Shizuoka Bank Ltd. published this content on 20 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 20 November 2017 06:15:05 UTC.

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