Hachijuni Bank : Financial Results for the 1st half of FY2022 (November 17,2022)

Temporary

G/L related to stocks（E）

G/L on money held in trust

Disposal of NPL

profit/losses

Reversal of allowance for loan

Reversal of specific reserve

losses

Reversal of general reserve

 Core net business profit increased by ¥2.8bn from 1H

3/2023

9/2021

9/2022

Change

FY2021, mainly due to the improvement of loan yield in

plan

the international operations and an increase in interest and

411

422

10

824

dividends on securities.

350

376

26

692

 Profit decreased from 1H FY2021 due to losses on bond

51

52

１

106

sales to reduce the risk of future interest rate hikes,

impairment losses by a change in the valuation method of

9

▲8

▲18

21

real estate owned, and an increase in credit related

6

▲17

▲23

-

expenses.

Consolidated and Subsidiaries

257

263

5

527

154

158

4

295

Consolidated

9/2021

9/2022

Change

147

176

28

290

(¥100mn)

150

197

47

-

Ordinary profit

221

204

▲17

－

4

4

0

Profit attributable to

154

131

▲23

owners of the parent

154

154

0

295

Ratio of consolidated

13

58

45

58

profit to parent

1.17

1.12

▲0.05

4

▲13

▲18

-

company's profits

(times)

▲0

12

12

38

Main consolidated

Net profit

17

-

▲17

-

subsidiaries

9/2021

9/2022

Change

5

-

▲5

-

（¥1mn）

Hachijuni Credit

12

-

▲12

-

869

772

▲97

Guarantee Co., Ltd.

185

179

▲5

290

Hachijuni Securities

521

▲189

▲710

▲1

▲11

▲10

-

Co., Ltd.

ー

▲13

▲13

Hachijuni Lease Co.,

131

117

▲14

200

661

738

77

Ltd.（incl. Hachijuni

19

41

21

62

Auto Lease Co., Ltd.)

▲17

17

34

38

Hachijuni Card Co.,

60

39

▲21

Ltd.

(¥100mn)

9/2020

9/2021

9/2022

Profit on interest

357

350

376

219

209

231

Interest on loans

Domestic

203

198

197

International

15

10

34

Interest & dividends

165

152

179

on securities

Domestic

126

112

110

International

38

39

69

Interest on deposits

▲5

▲2

▲10

Domestic

▲1

▲1

▲1

International

▲3

▲1

▲9

Interest payment on

▲16

▲15

▲16

interest rate swaps

Domestic

▲12

▲9

▲8

International

▲3

▲5

▲7

Yield （％）

9/2020

9/2021

9/2022

Yield on loan

0.78

0.73

0.76

Domestic

0.75

0.73

0.68

Excl. loans to the

0.82

0.77

0.83

Japanese govt.

International

1.54

0.86

2.26

Yield on securities

1.19

1.07

1.55

Domestic

1.11

0.96

1.18

International

1.54

1.58

3.14

Funding costs

0.08

0.03

0.09

Domestic

0.02

0.01

0.01

International

0.77

0.29

1.30

International

9/2021

9/2022

Change

operations

Interest margin on

0.57％

0.96％

+0.39pt

loans

Interest margin on

1.29％

1.84％

+0.55pt

securities