Initiatives to Improve Corporate Value
Sound Balance Sheet /
Possible Impact of JPY Interest Rate Hikes (Provisional Calculation)
Composition of loan portfolio
End of Mar. 2023
Total assets JPY74.8 tn
Composition of deposits
*4
Deposits
47%
19.1 tn
Fixed
Rate
21%
8.8 tn
Large companies
Loans
and other*1
21.2%
2%
Fixed Rate
19%
JPY
41.4 tn
Individual
Prime
Rate
33%
(JPY14.3 tn)
35%
Corporation 2
SMES*1
38.2%
(JPY 26.7 tn)
65%
Personal
deposits*1
61.5%
Market
Rate*3
Housing
Prime
32%
loans*1
Rate
14%
40.5%
13.1 tn
Available-for-
sale
securities
Bonds
held-to-
maturity
Practice the stringent
management of interest rate
risks and liquidity risks with
an eye to regulatory standards
(e.g., IRRBB and LCR) and
other factors
BOJ current
account
An abundant JPY21 tn
(consolidated basis) in cash
deposits in BOJ's current
accounts
JPY
61.8 tn
Liquid
deposits
27%
Corporation
Liquid
deposits
51%
(JPY 19.1 tn)
33%
Individua
(JPY 38.0 tn)
Time
deposits
5%
67%
Time deposits
16%
Other 1%
Other 0.3%
Our distinctive uniqueness lies in a strong
business focus on regional and retail customers
A diverse and dispersed customer
portfolio / Number of companies
as their main bank :
68 thousand
Unparalleled convenience offered via
the app (6.52 million downloads) /
Growing popularity as a mainstay tool for
household finance
Our liquidity deposits mainly consist of
retail deposits with strong retention
Ratio of personal deposits to
total deposits: 61%
Avg. cost of deposits: 0.005%
Securities JPY8.3 tn
Corporate
JGB JPY2.9 tn*1
deposits*1
Other Assets JPY24.9 tn
30.8%
Other 7.6%
Deposits at
BOJ*1
NCDs JPY0.8 tn
Other liabilities JPY9.4 tn
Corporate Individual
Regional
Business strategies
JPY21.7 tn
BOJ loans JPY3.5 tn
Total equity JPY 2.5 tn
Deposits
<Possible impact of JPY interest rate hikes
(provisional calculation)*5>
Hikes in long-term interest rates (the abolishment of the yield curve control policy)
A provisional calculation premised on shifting a portion of funds held in BOJ current accounts to Japanese government bonds, etc., with instruments in the five-year
maturity zone as targets (assuming an increase in margin to around 0.4%) ⇒ +JPY20.0 bn
Hikes in short-term interest rates (the lifting of the negative interest rate policy)
A provisional calculation based on assumptions we have formulated for prevailing trends at the time of lifting that takes into account the status of deposits and loans
as well as changes in current account interest rates at BOJ at the time of the introduction of said policy +JPY10.0 bn
*1. Total of group banks *2. Including apartment loans *3. Market rate-linked loans include the fixed-rate (spread) loans maturing in less than one year
*4. Domestic individual deposits + Domestic corporate deposits *5. The provisional calculation for the impact on annual profit reflects expected
circumstances after the full effect of interest rate fluctuations materializes
Resona Holdings, Inc.
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