Initiatives to Improve Corporate Value
Outline of Financial Results for FY2022
Net income attributable to owners of parent: JPY160.4 bn
Up JPY50.4 bn, or 45.8%, YoY
Progress rate against the full year target*1: 106.9%
Actual net operating profit: JPY195.7 bn
Up JPY9.6 bn, or 5.1%, YoY
Core income *2: Up JPY8.1 bn, or 6.3%, YoY
Gross operating profit: JPY600.0 bn, Down JPY1.8 bn, or 0.3%, YoY
Net interest income from domestic loans and deposits:
Down JPY3.8 bn, YoY
Average loan balance: +3.20%, YoY, Loans rate down by 4bps, YoY
[Excluding loans to the Japanese government and others]
Average loan balance: +1.94%, YoY, Loans rate: down by 3bps, YoY
Loan bal. surpassed the plan, loan rate slightly lower than the plan
➤ Fee income: Up JPY0.3 bn, YoY, Fee income ratio : 34.7%
Fee income was record-high for two consecutive year,
driven by growth in insurance, settlement related, real estate
Net gains on bonds (including futures): Up JPY6.1 bn, YoY
Implemented to restore soundness of securities portfolio as same as
the previous year
Operating expenses JPY404.7 bn, decreased by JPY11.6 bn, YoY
Cost income ratio: 67.4%, down 1.7%, YoY
Credit related expenses: JPY15.9 bn (cost),
decreased by JPY42.7 bn, YoY
Credit costs have posted 41.9% against the full year plan [ JPY38.0 bn]
Launched a new Medium-term Management Plan [ FY2023 - FY2025 ]
Formulate the Brand Purpose and Long-term Vision [May '23]
Annual common DPS for FY2023 (forecast): +1 yen increase
HD consolidated
(JPY bn)
Net income attributable to
owners of parent
EPS (yen)
BPS (yen)
Net interest income
Net gains on bonds
(including futures)
Operating expenses (excluding group (15) (404.7)
FY2023
FY2022
YoY change
Target
%
(a)
(b)
(c)
(d)
(1) 160.4
+50.4
+45.8%
150.0
(2) 67.48
+22.07
+48.6%
ROE(stockholders' equity)*3
(3) 1,065.31
(4) 7.66% +2.03%
+40.30
+3.9%
Gross operating profit
(5) 600.0
(1.8)
(0.3)%
(6)
419.3
(9.8)
NII from loans and deposits *4
(7)
334.1
(3.8)
Interest from yen bonds, etc."5
(8)
25.4
+2.2
Fee income
(9)
208.6
+0.3
Fee income ratio
(10) 34.7%
+0.1%
Trust fees
(11)
21.6
+0.7
Fees and commission
income
(12) 187.0
(0.4)
Other operating income
(13) (27.9)
+7.5
(14) (47.7)
+6.1
+11.6
+2.8%
banks' non-recurring items)
Cost income ratio (OHR)
Actual net operating profit
Net gains on stocks
(including equity derivatives)
Credit related expenses, net
(16) 67.4%
(1.7)%
(17) 195.7
+9.6
+5.1%
(18)
53.9
+6.7
(19)
(15.9) +42.7
Other gains, net
(20)
(8.7) +10.1
Net income before income taxes
and non-controlling interests
(21)
225.0
+69.3
+44.5%
[ 21 22 yen per annum, of which interim 11 yen ]
Share buyback up to JPY10.0 bn
Income taxes and other
(22)
(63.3)
(17.7)
Net income attributable to
non-controlling interests
(23)
(1.3)
(1.1)
*1. Full year target of FY2022: JPY150.0 bn
*2. Net interest income from domestic loans and deposits + Fee income + Operating expenses *3. Net income attributable to owners of parent / Total shareholders equity (simple
sum of the balance at the beginning and the end of the term/2) *4. Total of non-consolidated domestic banking accounts of group banks,
deposits include NCDs *5. Interest on yen bonds and income from interest rate swaps
Resona Holdings, Inc.
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