Accelerating Value Creation for Shareholders
(Appendix) Proposal for Integration with UFJ Group
Breakdown of rationalization effect
Branch Integration
Approx. ¥60bn
UFJ
366 branches
SMFG
435 branches
Approx. 200 overlapping
branches
Tokyo: 100 branches
Osaka: 80 branches
Other areas: 20 branches
Expenses:
¥0.3 bn reduction per branch
200 branches x (-\0.3 bn)
= -Approx. ¥60 bn
Workforce Integration
Approx. ¥90bn
■Natural attrition plus restraining
recruiting
-Approx. 8,500 workforce
(Total workforce after integration:
Approx. 40,000)
◉Reallocation of human
resources
(Overlapping functions
Strategic business areas)
Reallocation to Business for
SMEs, financial consulting
business for individuals
Effect of cost reduction in personnel
expenses for Approx. 8,500 workforce
=-Approx. ¥90 bn
SMFG
Systems Integration & Others
Approx. ¥50bn
Achievement of systems
integration of former Sakura
and former Sumitomo
Rationalization effect: -25%
Approx. ¥60 bn x 2 x (-25%)
=
(Annual system-related
expenses...Estimated)
-Approx. ¥30 bn
Others: -Approx. \20 bn
(-¥30 bn)+(-¥20 bn)
= -Approx. ¥50 bn
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