The Yamanashi Chuo Bank, Ltd. The 42th Analyst Meeting（PDF:2.0MB）

The 42th Analyst Meeting

June 1, 2022 (Wed)

Prime Market of the Tokyo Stock Exchange:8360

目次

Summary of Business Results

FY21 Business Results (Summary)	4
Interest Income	5
Deposits, Loans	6
Securities	7
Fees and Commissions	9
Expenses/OHR (Operating Expenses/Core Gross
Business Profit)	10
Credit-Related Costs	11
Earnings Forecasts for the Current Term (FY22)	12
New Area Governance System and Sales
Strategies	13
Activities for DX and Productivity Improvement 14
Activities for Reduction in CO2 Emissions	15
Capital Policies (Return to shareholders)	16
Measures for Cross-shareholdings	17

Medium-Term Management Plan

「TRANS³ 2025」

Progress of Value+2022, the Previous Medium-
Term Management Plan	19
A Written Purpose (Significance of Existence)	21
Purpose of the Yamanashi Chuo Bank, Ltd.	22

Positioning of the Medium-Term Management Plan
toward the Achievement of Long-term Vision	23
Outline of the Medium-Term Management Plan
(Structural Diagram)	24
Quantitative Goals	25
Three Transformation Drivers	26
Basic Strategy 1: Strategy to Increase Business
Capacity	30
Deepening and Expanding Core Business	31
Exploring New Business	34
Basic Strategy 2: Strategy to Double Productivity	36
Challenge of Achieving Zero Clerical Work	37
Next-generation Channel Reform	38
Basic Strategy 3: Strategy of Pursuing Sustainability	40
Realization of Human Capital Management	41
Development of Human Resources to Achieve
the Purpose	43
High Level of Governance	44

2

Summary of Business Results

FY21 Business Results (Summary)

	Non-
FY20	FY21
YoY
	（ billion,%）
consolidated
Gross business profit	31.5	29.2	(2.2)
	Interest income	27.9	27.4	(0.5)
	Fees and commissions	5.6	6.8	1.1
	Other operating income	(0.0)	(0.1)	(0.0)
Core gross business profit	33.5	34.1	0.5

Core net business profit (excluding gain on cancellation of investment trusts)

(¥ million)

＋598

＋2,510

	JGBs and other bond transactions	(2.0)	(4.8)	(2.8)
Expenses	25.0	25.0	(0.0)
General Provision to loan loss reserve	(0.5)	(0.4)	0.0
Net business profit	6.9	4.7	(2.2)

5,959

8,469 9,067

Core net business profit	8.4	9.0	0.5
(Excluding gain on cancellation of investment trusts)	8.4	9.0	0.5
Non-operating losses	(1.5)	1.0	2.5
	Reversal of loan loss reserve	1.4	0.9	(0.4)
	Equity share and similar transactions	0.5	2.0	1.4
Ordinary profits	5.3	5.7	0.3
Extraordinary income (losses)	(0.5)	(0.6)	(0.0)
Total corporate taxes, etc.	2.1	1.3	(0.8)
Net income	2.6	3.8	1.1
Credit-related costs	0.9	0.4	(0.4)
Consolidated ( billion, %)	FY20	FY21	YoY
		6.2	6.6	0.3
Consolidated ordinary profit
Profit attribute to shareholders of the parent	3.0	4.2	1.1

FY19 FY20 FY21

Main points of FY21 business

Net core banking profit posted a year-on-year increase, mainly due to an increase in income from fees and commissions.

Current net income increased by 1.1 billion yen from the previous year due to a decrease in credit-related costs.

About gain or loss cancellation of investment trusts

Gain on cancellation of investment trusts refers to gain on cancellation and redemption of investment trusts (primarily privately placed investment trusts) excluding ETF and REIT. Gain is recorded under interest and dividends on securities. Loss is recorded under other

operating losses.

4

Interest Income

Interest on loans increased steadily. Interest income decreased due to a decrease in interest on securities.

			( billion, %)	FY20	FY21
			YoY
Interest income	27.9	27.4	(0.5)
	Net interest margin	16.2	16.6	0.4
		Interest on loans	16.5	16.9	0.4
			Domestic operations	16.3	16.6	0.2
			International operations	0.2	0.3	0.1
		Interest on deposits	0.3	0.3	(0.0)
			Domestic operations	0.3	0.2	(0.0)
			International operations	0.0	0.0	0.0
	Interest on securities	11.6	9.8	(1.8)

Average loan

28000balance and yield

(¥ billion)

23000	0.92%
		0.87%	0.88%
18000
13000
	1,706.5	1,883.1	1,925.3
8000

3000

FY19 FY20 FY21

＋4.66％ ＋10.35％ ＋2.24％ YoY

Interest on loans

19000

(¥ million)

17000

15000

13000

11000

9000 15,843 16,529 16,959

7000

5000

3000

FY19 FY20 FY21

(0.17)％ ＋4.32％ ＋2.60％ YoY

(Excluding gain on cancellation of investment trusts)	11.6	9.8	(1.8)
	Bonds	4.1	5.3	1.2

Average security balance and yield

Interest on securities

13000

			Domestic operations	3.5	3.5	0.0

23000

1.01%

(¥ billion)

(¥ million)

International operations

0.5

1.7

1.1

0.94%

18000

0.74%

11000

9000

Stock	1.0	1.0	(0.0)
Distributions on investment trusts	6.4	3.4	(3.0)
Gain on cancellation of investment trusts (Gain surplus)	ー	ー	ー
Capital market investment and procurement	0.1	0.9	0.8
Domestic operations	27.2	25.4	(1.8)
International operations	0.7	2.0	1.2

13000										11,857	11,624
									7000
					1,311.1								9,801
8000	1,165.5	1,233.9
					5000
3000									3000
		FY19		FY20		FY21				FY19		FY20		FY21
		(0.78)％		＋5.87％		＋6.25％	YoY			＋6.63％		(1.96)％		(15.68)％ YoY

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