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Growth Potential of Our Operating Area

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Growth Potential of Our Operating Area Growth Potential of Our Operating Area Ibaraki Prefecture Tsukuba Express Saitama Prefecture Tokyo-Gaikan 1 Expressway Population* Narita Sky Access Line th Narita International 6 among Japanese Airport Prefectures Tokyo million Chiba City 6.2 Haneda Airport Ken-O Expressway Tokyo 6Bay Aqua-Line Kanagawa Prefecture Number of Households*1 Chiba 6th among Japanese Prefecture Prefectures 2.6 million About Chiba Prefecture Gross Prefectural Product*2 Chiba Prefecture, the Chiba Bank’s primary operating 6th among Japanese base, is Japan’s sixth largest in terms of both popu- Prefectures lation and GDP. With favorable geographic conditions ¥19.8 trillion and a warm climate, the prefecture has thriving agri- culture and fishing industries, and one of Japan’s most prominent industrial areas along the coast of Tokyo Bay, giving the prefecture a well-balanced industrial 3 structure. Balance of Deposits* 6th among In addition, a well-developed transportation Japanese Prefectures network connected with the greater Tokyo metropolitan area, including Narita International Airport, supports 27.2 trillion people’s daily lives and companies’ business activities in the region. Moreover, further growth is expected going forward as various infrastructure and other de- velopment projects are carried out ahead of the Tokyo 3 Olympic and Paralympic Games in 2020. Balance of Loans* 7th among Japanese *1 Statistics Bureau, Ministry of Internal Affairs and Communications “Pupulation Census” Prefectures (October 2015) *2 Economic and Social Research Institute, Cabinet Office “Prefectual Accounts” (FY2013) trillion *3 The Bank of Japan (As of March 2016) 13.3 2 The Chiba Bank, Ltd. Annual Report 2016 Growth Potential of Our Operating Area Population & Number of Households Increasing Population in Chiba Prefecture (Millions of People) (Millions of Households) 7 3 2.60 Following the Great East Japan Earthquake Disaster, 2.51 Chiba Prefecture’s population decreased briefly, but 2.32 2.17 6.21 6.22 that trend has reversed, with the population increasing 2.01 6.05 6 1.81 5.92 2 5.79 since 2013. The prefecture was just one of eight prefec- 1.57 5.55 tures in the October 2015 population census to show a 1.41 population increase compared to five years ago. 5.14 5 1 The number of households has also been increas- 4.73 ing steadily, and as a neighboring bedroom community of the capital, Tokyo, there has been significant housing 4 0 demand. New community development projects 80 85 90 95 00 05 10 15 Population Number of Households continue to be carried out, and commercial facilities , Sources: Statistics Bureau, Ministry of Internal Affairs and Communications like large shopping malls that draw people from a wide “Population Census” area, continue to be established. National Strategic Special Zones Development of Transportation Chiba Prefecture is home to Japan’s largest interna- Infrastructure tional airport, Narita International Airport, and with the opening of a new terminal (Narita International Airport The Tokyo Bay Aqua-Line that opened in 1997 travers- Terminal 3) for low cost carriers (LCCs) in April 2015, es Tokyo Bay to connect the capital with Kisarazu City the airport continues to strengthen its functions for the in Chiba Prefecture by expressway and constitutes a Tokyo metropolitan area. portion of the network of expressways that ring the Narita City is conducting urban development proj- Tokyo metropolitan area. Tolls for the expressway were ects that utilize the airport and has been designated a lowered in 2009, and traffic on the Aqua-Line has been National Strategic Special Zone with the aim of becom- increasing each year. The transportation infrastructure ing a world-class city in the field of medical services. continues to be developed, and this includes extension The city will be responding to increasing aging-related of the Ken-O Expressway. medical needs and further enhancing medical services Based on the Land Market Value Publication for foreigners, so a number of medical institutions released in January 2016, rates of appreciation have are expected to be established, including a medical been increasing in Chiba Prefecture for residential, university in April 2017, and medical professionals and commercial and industrial land. In industrial districts in other personnel will be trained, and this is expected to particular, development demand for logistics centers generate major economic benefits. has been boosting land prices against a backdrop of In addition, Chiba City was designated a National the mounting need for same-day delivery in the Tokyo Strategic Special Zone in January 2016. Demonstration metropolitan area. trials of services that make use of drones were initiated in Makuhari New City, a city complex with both corpo- rate and residential areas. The Chiba Bank, Ltd. Annual Report 2016 3.
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