Mebuki Financial Group, Inc.

Financial Results for FY2022

(IR Presentation Material)

1 Financial Results for FY2022 / Forecast for FY2023

Highlights / Change of Ordinary Profit (Bank Total non-consolidated)

3-5

Loans / Customer Assets under Custody / Fees from Corporate Custome

6-9

Overview of Securities Operations (Trading Transactions)

10

Status of Securities Portfolio (Overall)

11

Expenses / OHR

12

Shareholder Returns / Capital Adequacy Ratio

13

Forecast for FY2023

14-16

Medium- and Long-Term Earnings Prospects

17

2 Details of Financial Results for FY2022

Main Points of FY22 Financial Results

19

Loans/ Average Yield of Loans/ Net Interest Income

20-22

Deposits

23

Securities / Strategic Shareholdings

24

Status of Securities Portfolio (Foreign currency bonds / Domestic bonds)

25-26

Credit Related Costs / Non-performing Loans and Delinquent Loans

27-28

3 Progress of the Third Medium-Term Group Business Plan

Challenges to Expand Business Areas

30-32

Promoting DX

33-38

Initiatives for Sustainability / Decarbonization

39-41

【Reference】 Financial Data for FY2022

43-47

*Unless otherwise mentioned, figures are based on banking subsidiaries (non consolidated-basis).

*The number used for the year is based on western calendar.

1

１．Financial Results for FY 2022 / Forecast for FY2023

2

Highlights (1)

(1) Results for FY22

Financial Results /

Details

Medium-term Plan /

Forecast

Sustainability

Compared to

Results for FY22

YoY Change

Revised forecast

in Feb.2023

Profit from customer services（*1）

44.3bn

+11.0bn

-

Core net business income（*2）

（Banks' total）

81.6bn

-3.0bn

-

Gains/losses on securities (*3）

-27.0bn

-24.7bn

-

Net income attributable to owners of the

(Consolidated )

32.1bn

-10.7bn

+2.1bn

parent

  • Profit from customer services (*1), the core business, increased significantly over the previous year (+¥11.0 bn YoY) , driven by the improvement of deference of interests between loans and deposits, the increase of fees and commissions and cost reduction, and was the highest since our business integration in Oct. 2016.
  • On the other hand, consolidated net income decreased by ¥10.7bn YoY to ¥32.1bn, due to the decrease of

securities income by a surge in foreign currency interest rates, gains/losses on securities (*3) of - ¥27.0bn by sales of foreign and domestic bonds for risk control and improving periodic profit .

（*1） Difference of interests between loans and deposits＋Fees from Customers＋Expenses（-）

（*2） Excluding gains/losses on cancellation of investment trusts and futures and options

（*3） Gains/losses on "Bond transactions +Related to stocks+Cancellation of investment trusts + Futures and options"

(2) Forecast for FY23

Forecast for FY23

YoY Change

Net income attributable to owners of the

(Consolidated )

40.0bn

+7.8bn

parent

3

Highlights (2)

(3) Shareholder Returns in FY23 (scheduled)

Financial Results /

Details

Medium-term Plan /

Forecast

Sustainability

  • Total return ratio in FY23 will be 53.3% (scheduled).

Annual Dividends

11.0 (scheduled)

(Interim 5.5、Year-end5.5)

Per Share

Share Acquisition

10.0bn (maximum)

(Period of purchase :

35mil shares(maximum)

From May 15, 2023 to Sep. 22, 2023)

Total Return Ratio

53.3%

(Calculated based on

dividends and share acquisition above)

  1. Target for Reducing Strategic Shareholdings
    • We have set a target to reduce strategic shareholdings in order to further increase ROE with aim of achieving the sound development of the capital market and management that is conscious of the cost of capital and stock prices.

Reduction Target

30.0bn

(based on market value)

Implementation Period

Next 5 years

(until the end of FY27)

4

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Mebuki Financial Group Inc. published this content on 26 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 May 2023 02:13:12 UTC.