DOCSLIB.ORG

Profile Since Its Establishment in 1879, the Akita Bank, Ltd., Has Worked

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Profile Since Its Establishment in 1879, the Akita Bank, Ltd., Has Worked Profile Since its establishment in 1879, The Akita Bank, Ltd., has worked diligently to extend comprehensive financial services geared to the funding requirements of Akita Prefecture. The Bank maintains a philosophy stressing regional prosperity, and its growth as a financial institution parallels the economic development of the community. The Akita Bank Group, which comprises the Bank and eight consolidated subsidiaries, strives to offer a full line of financial services, including extending to guarantee and leasing services, with a focus on banking business. Japan’s financial sector has entered a period of intense transfor- mation, typified by an accelerated movement that will, because of the end of the payoff system and other changes, culminate in the selection of one specific bank by each client for all financial needs. Akita Bank is restructuring accordingly, but employees and executives alike will remain steadfast in their efforts to uphold the strong bonds of trust that the Bank has earned from the community by placing clients’ needs first in the provision of services. Contents Consolidated Financial Highlights 1 Consolidated Five-year Summary 2 Consolidated Balance Sheets 3 Consolidated Statements of Income and Appropriation of Profit 4 Consolidated Statements of Earned Surplus 4 In this annual report, statements other than historical facts are forward-looking statements Consolidated Statement of Cash Flows 5 that reflect our plans and expectations. These Notes to Consolidated Financial Statements 6 forward-looking statements involve risks, uncer- tainties and other factors that may cause our Independent Auditors’ Report 13 actual results and achievements to differ materi- ally from those anticipated in these statements. Consolidated Financial Highlights The Akita Bank, Ltd. and Subsidiaries Years ended March 31, 2002 and 2001 Thousands of Millions of yen (Note 1) U.S. dollars (Note 1) For the years ended March 31 2002 2001 2002 Total income ¥ 61,620 ¥76,196 $ 462,439 Total expenses 77,434 71,373 581,122 Income (Loss) before income taxes (15,814) 4,822 (118,682) Net income (loss) (9,528) 2,494 (71,511) Yen U.S. dollars Net income (loss) per share ¥(47.49) ¥12.31 $(0.3563) Thousands of Millions of yen U.S. dollars As of March 31 2002 2001 2002 Total assets ¥2,261,897 ¥2,286,401 $16,974,843 Deposits 2,055,087 2,059,266 15,422,793 Loans and bills discounted 1,302,063 1,290,572 9,771,583 Trading securities and securities 726,375 670,832 5,451,220 Stockholders’ equity 118,817 140,479 891,685 Notes: (1) In this annual report, the Japanese yen in millions are indicated with fractions omitted. (2) U.S. dollar amounts are translated, for convenience only, at ¥133.25=U.S.$1.00, the rate prevailing as of March 31, 2002. (3) Stockholders’ equity ratio stood at 10.72% as of March 31, 2002 according to the domestic standard. Net Income (Loss) Total Assets Stockholders’ Equity (¥ millions) (¥ billions) (¥ billions) 2,342.9 2,329.1 2,286.4 2,212.2 2,261.9 140.5 5,607 4,388 118.8 110.1 2,290 2,494 103.9 95.7 (9,528) ’98 ’99 ’00 ’01 ’02 ’98 ’99 ’00 ’01 ’02 ’98 ’99 ’00 ’01 ’02 Note: The data for 1998 is non-consolidated as the Bank did not publish consolidated results for that fiscal year. 1 The Akita Bank, Ltd. Consolidated Five-year Summary The Akita Bank, Ltd. and Subsidiaries As of March 31 Millions of yen 2002 2001 2000 1999 1998 Total income ¥61,620 ¥76,195 ¥67,494 ¥77,415 ¥70,860 Net income (loss) (9,528) 2,494 4,388 2,290 5,607 Yen Net income (loss) per share ¥(47.49) ¥12.31 ¥21.14 ¥10.99 ¥26.93 Percent Income Ratio Net income (loss) to total assets (0.42)% 0.10% 0.19% 0.09% 0.24% Net income (loss) to stockholders’ equity (7.35) 1.99 4.10 2.20 6.01 Capital Adequacy Ratio Domestic standard 10.72 11.00 10.96 10.22 9.43 Notes: (1) In this annual report, the Japanese yen in millions are indicated with fractions omitted. (2) The Bank’s Capital adequacy ratio is calculated using the method set forth by the Ministry of Finance as specified in Article 14, Paragraph 2 of the Banking Law of Japan. (3) The data of 1998 is non-consolidated as the Bank did not publish consolidated results for that fiscal year. 2 The Akita Bank, Ltd. Consolidated Balance Sheets The Akita Bank, Ltd. and Subsidiaries As of March 31, 2002 and 2001 Thousands of Millions of yen (Note 1) U.S. dollars (Note 1) 2002 2001 2002 ASSETS Cash and due from banks ¥ 73,453 ¥ 90,112 $ 551,243 Call loans 77,259 63,201 579,810 Commercial paper and other debt purchased 51,225 121,632 384,435 Trading account securities (Note 4) 810 18 6,080 Money held in trust 490 1,551 3,684 Securities (Note 5) 725,564 670,814 5,445,140 Loans and bills discounted (Note 6) 1,302,063 1,290,572 9,771,583 Foreign exchanges (Note 7) 634 726 4,761 Other assets (Note 8) 20,931 22,389 157,081 Premises and equipment (Note 9) 29,660 31,274 222,590 Customers’ liabilities for acceptances and guarantees (Note 17) 34,143 39,032 256,236 Deferred tax assets 19,349 878 145,214 Allowance for possible loan losses (73,681) (45,802) (552,954) Allowance for losses on investment securities (8) — (62) Total Assets ¥2,261,897 ¥2,286,401 $16,974,843 LIABILITIES Deposits (Note 10) ¥2,055,087 ¥2,059,266 $15,422,793 Call moneys 16,604 1,726 124,610 Borrowed money (Note 11) 6,828 8,187 51,246 Foreign exchanges (Note 12) 282 4 2,117 Other liabilities (Note 13) 14,538 22,794 109,108 Bonus payment reserve 1,357 — 10,188 Reserve for retirement benefits (Note 14) 6,623 7,416 49,703 Deferred tax liability on land revaluation (Note 15) 3,071 3,155 23,049 Acceptances and guarantees (Note 17) 34,143 39,032 256,236 Total Liabilities ¥2,138,537 ¥2,141,583 $16,049,058 Minority Interests in Consolidated Subsidiaries ¥ 4,543 ¥ 4,337 $ 34,099 STOCKHOLDERS’ EQUITY Common stock ¥ 14,100 ¥ 14,100 $ 105,822 Capital surplus 6,268 6,268 47,044 Land revaluation difference (Note 15) 4,419 4,540 33,168 Earned surplus 74,142 85,433 556,418 Net unrealized holding on securities in investment (Note16) 19,982 30,232 149,959 Treasury stock (1) (0) (8) Parent bank’s stock held by subsidiaries (95) (95) (718) Total Stockholders’ Equity ¥ 118,817 ¥ 140,479 $ 891,685 Total Liabilities, Minority Interests in Consolidated Subsidiaries and Stockholders’ Equity ¥2,261,897 ¥2,286,401 $16,974,843 See Notes to Consolidated Financial Statements. 3 The Akita Bank, Ltd. Consolidated Statements of Income and Appropriation of Profit The Akita Bank, Ltd. and Subsidiaries For the years ended March 31, 2002 and 2001 Thousands of Millions of yen (Note 1) U.S. dollars (Note 1) 2002 2001 2002 Income Interest income Interest on loans and discounts ¥ 30,217 ¥33,741 $ 226,775 Interest and dividends on securities 12,557 15,234 94,243 Other interest income (Note 18) 1,724 1,083 12,938 Fees and commissions (Note 19) 5,919 5,744 44,421 Other operating income (Note 20) 8,016 6,746 60,158 Other income (Note 21) 3,185 13,646 23,902 Total Income ¥ 61,620 ¥76,196 $ 462,439 Expenses Interest expenses Interest on deposits ¥ 2,581 ¥ 4,531 $ 19,375 Interest on borrowings and rediscounts 194 272 1,462 Other interest expenses (Note 22) 4,392 4,557 32,963 Fees and commissions (Note 23) 1,290 1,445 9,681 Other operating expenses (Note 24) 6,582 5,667 49,398 General and administrative expenses 29,250 29,360 219,516 Other expenses (Note 25) 33,142 25,537 248,724 Total Expenses ¥ 77,434 ¥71,373 $ 581,122 Income (Loss) before Income Taxes and Minority Interest ¥(15,814) ¥ 4,822 $(118,682) Income Taxes (Note 26) Current 4,936 10,339 37,049 Deferred (11,434) (8,325) (85,809) Total Income Taxes ¥ (6,497) ¥ 2,013 $ (48,759) Minority Interest in Net Income ¥ 211 ¥ 314 $ 1,588 Net Income (Loss) ¥ (9,528) ¥ 2,494 $ (71,511) Consolidated Statements of Earned Surplus The Akita Bank, Ltd. and Subsidiaries Thousands of Millions of yen (Note 1) U.S. dollars (Note 1) 2002 2001 2002 Balance, Beginning of Year ¥85,433 ¥85,178 $641,153 Increase in earned surplus—Reversal of land revaluation 120 119 907 Dividends—Paid 1,005 1,118 7,542 Bonuses for directors and statutory auditors 15 15 112 Reduction of treasury stock by distribution of net profit 862 1,226 6,475 Net income (loss) (9,528) 2,494 (71,511) Balance, End of Year ¥74,142 ¥85,433 $556,418 Yen (Note 1) U.S. dollars (Note 1) Net Income (Loss) per Share ¥ (47.49) ¥ 12.31 $ (0.3563) See Notes to Consolidated Financial Statements. 4 The Akita Bank, Ltd. Consolidated Statement of Cash Flows The Akita Bank, Ltd. and Subsidiaries As of March 31, 2002 and 2001 Thousands of Millions of yen (Note 1) U.S. dollars (Note 1) 2002 2001 2002 Cash Flows from Operating Activities Income (Loss) before income taxes and minority interest ¥ (15,814) ¥ 4,822 $ (118,682) Depreciation and amortization 1,886 2,132 14,156 Net change in reserve for possible loan losses 27,878 4,395 209,220 Net change in reserve for allowance for losses on investment securities 8 — 60 Net change in reserve for bonus payment reserve 1,357 — 10,183 Net change in reserve for retirement allowances — (5,057) — Net change in reserve for retirement benefit (793) 7,416 (5,958) Interest income (44,499) (50,058) (333,957) Interest expenses 7,169 9,361 53,801 Net (gain) loss related to securities transactions (1,567) (7,157) (11,767) Net (income) loss from money held in trust 43 73 328 Net exchange (gain) loss (109) (120) (821) Net (gain) loss from disposition of premises and equipment 278 136 2,093 Net change in loans and bills discounted (14,448) 9,163 (108,433) Net change in deposits 73,657 (63,970) 552,779 Net change in negotiable certificates of deposit (77,837) 103,850 (584,146) Net change in borrowed
Load more

Recommended publications
  • Digital Transformation Strategy
    Digital Transformation Strategy September 11, 2017 Mitsubishi UFJ Financial Group, Inc. This document contains forward-looking statements in regard to forecasts, targets and plans of Mitsubishi UFJ Financial Group, Inc. (“MUFG”) and its group companies (collectively, “the group”). These forward-looking statements are based on information currently available to the group and are stated here on the basis of the outlook at the time that this document was produced. In addition, in producing these statements certain assumptions (premises) have been utilized. These statements and assumptions (premises) are subjective and may prove to be incorrect and may not be realized in the future. Underlying such circumstances are a large number of risks and uncertainties. Please see other disclosure and public filings made or will be made by MUFG and the other companies comprising the group, including the latest kessantanshin, financial reports, Japanese securities reports and annual reports, for additional information regarding such risks and uncertainties. The group has no obligation or intent to update any forward-looking statements contained in this document. In addition, information on companies and other entities outside the group that is recorded in this document has been obtained from publicly available information and other sources. The accuracy and appropriateness of that information has not been verified by the group and cannot be guaranteed. The financial information used in this document was prepared in accordance with Japanese GAAP (which includes Japanese managerial accounting standards), unless otherwise stated. Japanese GAAP and U.S. GAAP, differ in certain important respects. You should consult your own professional advisers for a more complete understanding of the differences between U.S.
    [Show full text]
  • Strategies of the 77 Bank, Ltd Growth Strategy
    Strategies of The 77 Bank, Ltd Growth Strategy Best Consulting Bank Human Resource Development In order to become a bank that is truly supported by its customers and to establish a solid management base for the future, we have set the image of the bank we aspire to become as the following, and actively trained specialist resources. Interview 01 “Best Consulting Bank” that responds to customersʼ needs by offering the optimum solutions Striving to solve the issues of quality assurance Corporate Support Department and manpower shortage on the front line of manufacturing. Kei Akama I was assigned to Tohoku Electronics Industry Co., Ltd. with Tohoku Electronics Industry has about 1,000 employees in the headquarters in Ishinomaki City, Miyagi Prefecture for one year entire group, I was forced to be keenly aware of the issue of the under the Local Company Trainee program that started in 2018. shortage of manpower at the manufacturing front line. I believe I was assigned to the Quality Assurance Department, where I that these valuable experiences as a trainee at a local company dealt with automobile manufacturers and interacted with manu- can be utilized in my current work. I am currently working in the facturing sites to ensure the quality of automobile-related parts. Corporate Support Office, providing support mainly to custom- I was interested in the manufacturing industry, including ers in the fishery processing industry in the coastal areas of the automobiles and machinery, and I thought I had acquired some prefecture that are still on the road to recovery from the Great prior knowledge before I was transferred to the company, but I East Japan Earthquake.
    [Show full text]
  • Besta Besta: Banking
    What is BeSTA? BeSTA is a standard banking application developed by NTT DATA. NTT DATA will meet a wide variety of needs from financial institutions in Japan through the utilization of BeSTA, which is developing each day. BeSTA: Banking application engine for STandard Architecture Vendor free Maintain competition Neutral application for unspecified hardware vendors principles Because of its high degree of flexibility, systems of other companies can Reduce procurement BeSTA be connected. cost Multiple banks Reduce development Multiple banks can use a single piece of software. cost Plenty of functions that respond to a large number of user requirements Shrink maintenance have already been installed. cost Advanced functions Save development Flexibility: Operational functions can be set and changed flexibly by setting efforts parameters. Enable efficient Expandability: The AP structure formed by the components allows the expansion system to be easily expanded in the future. No need for reconstructuring Promising future: Continuing updates by NTT DATA ensures long- term utilization. Copyright © 2017 NTT DATA Corporation 1 Expanding BeSTA network More than 50 banks are currently using or planning to use BeSTA, the core banking software developed by NTT DATA, and the network is the largest of its kind in Japan. Regional Bank Integrated ＳＴＥＬＬＡ ＣＵＢＥ Service Center (15 banks) (9 banks) Aomori Bank Senshu Ikeda Bank Tohoku Bank Kanagawa Bank AKITA BANK TOTTORI BANK Tokyo Tomin Bank Nagano Bank Bank of Iwate San-in Godo Bank TOYAMA BANK Sendai Bank Ashikaga Bank Shikoku Bank Tajima Bank Kirayaka Bank Chiba Kogyo Bank Oita Bank FUKUHO BANK NISHI-NIPPON Hokuetsu Bank CITY BANK Fukui Bank Aichi Bank ＭＥＪＡＲ (5 banks) Bank of Kyoto Hokkaido Bank HOKURIKU BANK Bank of Yokohama 77 Bank ＢｅＳＴＡｃｌｏｕｄ (10 banks) Higashi-Nippon Bank FIDEA Holdings Hokuto Bank SHONAI BANK NEXTBASE (13 banks) Aozora Bank * BeSTA package provided from Hitachi, Ltd.
    [Show full text]
  • Regional Banks in Japan 2008
    Regional Banks in Japan 2008 We, the 64 regional banks in Japan, have for a long time enjoyed the patronage of the people of our regions as banks that move in step with the community. Hokkaido The Hokkaido Bank The regional banks as financial institutions that have the trust of their customers, will continue to contribute to the activation of regional societies through meeting various financial needs in the regions, by enhancing financial functions such as relationship- based banking. Aomori The Aomori Bank THE MICHINOKU BANK Akita Iwate THE AKITA BANK The Bank of Iwate The Hokuto Bank THE TOHOKU BANK Yamagata THE SHONAI BANK The Yamagata Bank Miyagi The 77 Bank Niigata The Daishi Bank Fukushima The Hokuetsu Bank The Toho Bank Ishikawa Toyama The Hokkoku Bank The Hokuriku Bank THE TOYAMA BANK Tochigi Gunma The Ashikaga Bank Tottori Fukui Nagano The Gunma Bank Ibaraki The Hachijuni Bank The Joyo Bank Shimane THE TOTTORI BANK The Fukui Bank Gifu The San-in Godo Bank Kyoto Saitama The Kanto Tsukuba Bank The Ogaki Kyoritsu Bank The Musashino Bank Hyogo The Bank of Kyoto The Juroku Bank Okayama The Tajima Bank Tokyo Shiga Hiroshima The Chugoku Bank The Tokyo Tomin Bank Fukuoka Yamaguchi The Hiroshima Bank Osaka THE SHIGA BANK Chiba THE BANK OF FUKUOKA The Yamaguchi Bank The Kinki Osaka Bank Aichi The Chikuho Bank The Senshu Bank The Chiba Bank THE NISHI-NIPPON CITY BANK Kagawa The Bank of Ikeda The Chiba Kogyo Bank Saga Ehime The Hyakujushi Bank Mie THE BANK OF SAGA Oita The Iyo Bank The Mie Bank Tokushima Nara THE OITA BANK The Hyakugo Bank
    [Show full text]
  • 【Major Bank】都市銀行 【Local Bank】地方銀行 【Second Regional
    【Major bank】都市銀行 Mizuho Bank / Sumitomo Mitsui Banking Corporation / Saitama Resona Bank Mitsubishi UFJ Bank / Resona Bank (5 in total) 【Local bank】地方銀行 Hokkaido Bank / Yamanashi Central Bank /Saningodo Bank Aomori Bank / Hachijuni Bank / Chugoku Bank Michinoku Bank / Hokuriku Bank /Hiroshima Bank Akita Bank / Toyama Bank / Yamaguchi Bank Hokuto Bank / Hokkoku Bank/ Awa Bank Shonai Bank / Fukui Bank/ Hyakujuyon Bank Yamagata Bank / Shizuoka Bank / Iyo Bank Iwate Bank / Suruga Bank/ Shikoku Bank Tohoku Bank / Shimizu Bank / Fukuoka Bank ShichijushichiBank / Ogaki Kyoritsu Bank / Chikuho Bank Toho Bank / Juroku Bank / Saga Bank Gunma Bank Mie Bank Juhachi Bank Ashikaga Bank / Hyakugo Bank / Shinwa Bank Joyo Bank / Shiga Bank Higo Bank Tsukuba Bank Kyoto Bank Oita Bank Musashino Bank / Kansai Mirai Bank / Miyazaki Bank Chiba Bank / IkedaSenshu Bank / Kagoshima Bank Chiba Kogyo Bank / Nanto Bank /Ryukyu Bank Yokohama Bank / Kiyo Bank / Okinawa Bank Daiyon Bank / Tajima Bank / Nishinihon City Bank HuKuetsu Bank / Tottori bank / Kitakyushu Bank (63 in total) 【Second Regional Bank Member Bank】第二地銀協加盟銀行 Hokuyo Bank Daiko Bank Shimane Bank Kirayaka Bank Nagano Bank Tomato Bank Kitanihon Bank Toyama Daiichi Bank Momiji Bank Sendai Bank Shizuokachuo Bank Saikyo Bank Fukushima Bank Aichi Bank Tokushima Bank Daito Bank Nagoya Bank Kagawa Bank Towa Bank Chukyo Bank Ehime Bank Tochigi Bank Daisan Bank Kochi Bank Tokyo Star Bank Taisho Bank Kumamoto Bank Kanagawa Bank Minato Bank (29 in total) 【Trust bank-Shintaku Ginko】信託銀行 Mitsubishi UFJ Trust Bank
    [Show full text]
  • Outline of IWATE UNIVERSITY for International Students a Wide Variety of Research Topics, Made Possible by the Extensive Campus
    Outline of I ATE UNIVERSITY for International Students Contact Information Support available in Japanese, English, Chinese, and Korean International Office YouTube 3-18-34 Ueda, Morioka-shi, Iwate 020-8550 Japan TEL+81-19-621-6057 / +81-19-621-6076 FAX+81-19-621-6290 E-mail: [email protected] Website Instagram Support available only in Japanese Topic Division/Office in Charge TEL E-mail General Administration and Public Relations About the university in general Division, General Administration Department 019-621-6006 [email protected] Admissions Office, About the entrance exam Student Services Department 019-621-6064 Student Support Division, Facebook About student life Student Services Department 019-621-6060 [email protected] About careers for students Career Support Division, INDEX after graduation Student Services Department 019-621-6709 [email protected] Graduation certificates for graduates and Student Services Division, 1. About Iwate University ………………………………… p.2 students who have completed their studies Student Services Department 019-621-6055 [email protected] 2. Undergraduate and Graduate Programs ………… p.4 3. Research Topics ………………………………………… p.14 Twitter 4. Types of International Students …………………… p.16 5. Support for International Students ……………… p.18 Website Iwate University Japanese English https://www.iwate-u.ac.jp/english/index.html 6. A Day in the Life of an International Student… p.20 Global Education Center Japanese English Chinese Korean https://www.iwate-u.ac.jp/iuic/ 7. Interviews with International Students ………… p.22 Researchers Database Japanese English http://univdb.iwate-u.ac.jp/openmain.jsp 8. Campus Calendar………………………………………… p.23 Questions related to the entrance exam Japanese https://www.iwate-u.ac.jp/admission/index.html WeChat (Chinese International Students Association) 9.
    [Show full text]
  • Expanding Besta Network
    Expanding BeSTA network More than 50 banks are currently using or planning to use BeSTA, core banking software developed by NTT DATA, and the network is the largest of its kind in Japan. Regional Bank Integrated Services Center (14 banks) STELLA CUBE (9 banks) Aomori Bank Bank of Kyoto Tohoku Bank Kanagawa Bank AKITA BANK Senshu Ikeda Bank Tokyo Tomin BankNagano Bank Bank of Iwate TOTTORI BANK TOYAMA BANK Sendai Bank Ashikaga Bank Shikoku Bank Tajima Bank Kirayaka Bank Chiba Kogyo BankOita Bank FUKUHO BANK Hokuetsu Bank NISHI-NIPPON CITY BANK Fukui Bank Aichi Bank MEJAR (5 banks) Hokkaido Bank HOKURIKU BANK BeSTAcloud (10 banks) Bank of Yokohama77 Bank FIDEA Holdings Higashi-Nippon Bank Hokuto Bank SHONAI BANK Aozora Bank NEXTBASE (13 banks) * BeSTA package provided SBK FUKUOKA CHUO BANK Saga Kyoei Bankfrom Hitachi, Ltd. BANK OF NAGASAKI Howa Bank Miyazaki Taiyo Bank MINAMI NIPPON BANK OKINAWA KAIHO BANK Copyright © 2015 NTT DATA Corporation 1 Collaboration concerning BeSTA® banking application and surrounding businesses By combining highly compatible solutions regardless of the frameworks of conventional core banking businesses or other banking businesses, the scope of businesses has been expanded. Ideas on collaboration concerning surrounding businesses are also broadly solicited. Scope expansion Regional Omichannel revitalization Individual-Number Successi BPO Business matching utilization on Payment Regional Cloud/virtualization FINTECH sophistication currency Channel Strategy ATM Branch terminal Business Assets in custody Market management Bank app DM Legal system Assets in custody Financial CRM Integrated DB (investment trust, Contact center Instruments and IFRS insurance) Exchange Act Sales support Financing support Internet banking AML BIS Mobile banking Backbone system (BeSTA） Copyright © 2015 NTT DATA Corporation 2 Priority areas of strategic IT investment Three areas to be studied intensively are operation, data accumulation/analysis, and utilization of external expertise.
    [Show full text]
  • Nomura Report 2013 (PDF 4514KB)
    Corporate Profile Nomura is a leading financial services group and the External Recognition preeminent Asia-based investment bank with a worldwide Nomura’s CSR initiatives and information disclosure reach. Our Retail, Asset Management and Wholesale practices have been widely recognized outside the company. Nomura Holdings has been selected for divisions provide a broad range of innovative, value-added inclusion in the Dow Jones Sustainability Indexes and the solutions tailored to the specific requirements of individual, FTSE4Good Index, both socially responsible investment institutional, corporate and government clients through an (SRI) indexes. Nomura was also selected as the only international network in over 30 countries around the world. financial services company recognized in the Japan 500 CDLI. Returning to Our Roots For over 80 years, we have continued to uphold our founder’s principles. One of these principles, “putting the customer first,” evolved into “prospering with our clients” and is now defined Involvement in External ESG Initiatives by our commitment to • UN PRI (Principles for Responsible Investment) “place clients at the heart of • Principles for Financial Action towards a Sustainable Society (Principles for Financial Action for the 21st Century) everything we do.” Although the words may change, • Multistakeholder Forum on Social Responsibility for a over unwavering focus on our clients remains the same. Sustainable Future • Banking Environment Initiative Editorial Policy In FY2011/12, we began publishing the Nomura Report, an Entities Covered integrated version of our annual report and our citizenship Nomura Holdings, Inc. and its major subsidiaries and affiliates. (http://www.nomuraholdings.com/company/group/) report, which detailed our CSR initiatives.
    [Show full text]
  • India Sets High Target for GIC Re After Cool Trading Debuts for Local Insurers
    IFRASIA INTERNATIONAL FINANCING REVIEW ASIA OCTOBER 7 2017 ISSUE 1012 www.ifrasia.com Qudian quickly covered as buyers flock to China’s biggest US fintech IPO India sets high target for GIC Re after cool trading debuts for local insurers South Korean issuers court debt investors after missile tests trigger heavy selling PLUS: QUARTERLY LEAGUE TABLES BONDS LOANS LOANS PEOPLE & MARKETS Samurai market NTPC breaks new SoftBank launches Chinese banks shrinks as swap ground in yen Asia’s largest retain top spots on costs deter high- market with first syndication to repay Asian investment rated issuers 10-year tenor acquisition debt banking fees 06 08 08 14 1012_00 Cover.indd 3 06/10/2017 21:46:20 WANT A GLOBAL PERSPECTIVE ON THE SYNDICATED LOAN MARKET? LOOK TO THOMSON REUTERS LPC Thomson Reuters LPC is the premier global provider of information on the syndicated loan and high yield bond markets. Our first-to-the-market news and comprehensive real-time and historical data help industry players stay informed about market trends and facilitate trading and investment decisions. LPC’s publications, end-of-day valuations, online news, analysis, and interactive databases are used every day by banks, asset managers, law firms, regulators, corporations and others to drive valuation, syndication, trading, research and portfolio management activities. CONNECT TO THE GLOBAL SYNDICATED LOAN MARKET WITH THOMSON REUTERS LPC. www.loanpricing.com [email protected] Upfront OPINION INTERNATIONAL FINANCING REVIEW ASIA Model of success Global banks have proven their value in 2017, and will be looking to build on their successes in 2018.
    [Show full text]
  • SBI Holdings, Inc. 1St Quarter FY2019 Financial Results
    Strategic Business Innovator SBI Holdings, Inc. Financial Results for the Three-month Period Ended June 30, 2019 (Fiscal Year Ending March 31, 2020) July 30, 2019 The items in this document are provided as information related to the financial results and the business strategy of the SBI Group companies and not as an invitation to invest in the stock or securities issued by each company. None of the Group companies guarantees the completeness of this document in terms of information and future business strategy. The content of this document is subject to revision or cancellation without warning. Note: Fiscal Year (“FY”) ends March 31 of the following year [Unauthorized reproduction prohibited] 1 I. 1Q FY2019 consolidated performance (IFRS) II. Business overview of each segment III. The SBI Group’s business strategy that captures new trends in financial services [Unauthorized reproduction prohibited] 2 I. 1Q FY2019 Consolidated Performance (IFRS) (Unit: JPY million) [Year-on-year comparison] [Quarter-on-quarter comparison] 1Q FY2019 (Apr.-June 2019) 1Q FY2018 YoY % 4Q FY2018 QoQ % (Apr.-June 2018) change (Jan.-Mar. 2019) change Revenue 92,127 91,334 +0.9 96,825 -4.9 Profit before income tax 20,217 28,665 -29.5 20,131 +0.4 expense Profit for the period 13,705 20,394 -32.8 21,975 -37.6 Profit attributable to owners of the 11,677 17,879 -34.7 13,830 -15.6 Company [Unauthorized reproduction prohibited] 3 1Q FY2019 Performance by Segment (IFRS) [Year-on-year comparison] Profit before Income (Unit: JPY million) Revenue Tax Expense YoY % 1Q FY2018 1Q FY2019 YoY % 1Q FY2018 1Q FY2019 change / (Apr.
    [Show full text]
  • Financial Results for the Interim of Fiscal 2007 (Non-Consolidated Date) November 2, 2007 Company Name: Seven Bank, Ltd
    Financial Results for the Interim of Fiscal 2007 (Non-consolidated Date) November 2, 2007 Company Name: Seven Bank, Ltd. URL http://www.sevenbank.co.jp/ President: Takashi Anzai, President For inquiries: Director, Executive Officer and General Manager of Planning Division Kensuke Futagoishi Telephone:+81- 3-3211-3041 Scheduled interim securities report issuing date: December 20, 2007 Trading accounts: Not established (Amounts of less than one million yen and decimal places are rounded down) 1. Financial Highlights for the Interim of Fiscal 2007 (April 1, 2007 - September 30, 2007) (1) Operating Results (% represents the change from the previous fiscal year) Ordinary income Ordinary profit Net income Million Yen % Million Yen % Million Yen % September 30, 2007 41,139 10.4 11,755 (9.0) 6,226 (17.2) September 30, 2006 37,234 20.2 12,919 32.0 7,524 24.4 March 31, 2007 75,427 - 25,021 - 12,667 - Net income per common share Diluted Net Income per Share Yen Yen September 30, 2007 5,337 . 94 - September 30, 2006 6,305 . 06 - March 31, 2007 10,736 . 56 - (Reference) Income from investment: September 30, 2007 none, September 30, 2006 none, March 31, 2007 none (2) Financial Conditions Non-Consolidated Net Assets to Total Net Assets per Capital Ratio (Japanese Total Assets Net Assets Assets Ratio Share Standards) (Note 1) Million Yen Million Yen % Yen % September 30, 2007 565,065 74,285 13.1 63,674 . 56 (preliminary) 36.52 September 30, 2006 440,703 68,670 15.5 58,894 . 16 161.88 March 31, 2007 532,757 73,849 13.8 63,317 .
    [Show full text]
  • Akita Bank, Ltd., Has Worked Diligently to Extend Comprehensive Financial Services Geared to the Funding Requirements of Clients in Akita Prefecture
    Profile Since its establishment in 1879, The Akita Bank, Ltd., has worked diligently to extend comprehensive financial services geared to the funding requirements of clients in Akita Prefecture. These efforts are underpinned by a philosophy that seeks to contribute to regional prosperity and help the Bank achieve growth as a financial institution in tune with the economic development of the community. The Akita Bank Group, which comprises the Bank and five consolidated subsid- iaries, maintains a full line of financial services and provides guarantee and leas- ing services hinging on the banking business. Several issues that characterize our operating environment are expanding in scope and taking on a greater urgency in terms of management responses. The key priority is well-balanced approach to expand the profitability of the Bank, and to secure common interest of regional clients. Based on the current medium-term management plan, Kachi Kyoso - Grow with Our Community -, the Bank will execute its role as a regional bank, which its network covers the area in eastern Japan and expand our financial services including international operations emphasizing relations with regional clients. Contents Consolidated Financial Highlight 2 Consolidated Five-Year Summary 3 Consolidated Balance Sheets 4 Consolidated Statements of Income and Comprehensive Income 6 Consolidated Statements of Changes in Net Assets 7 Consolidated Statements of Cash Flows 9 Notes to Consolidated Financial Statements 10 Corporate Information 31 In this annual report, statements other than historical facts are forward-looking statements that reflect our plans and expectations. These forward-looking statements involve risks, uncertainties and other factors that may cause our actual results and achievements to differ materially from those anticipated in these statements.
    [Show full text]