Investor Presentaiton
Financial results for FY2013
Profit & Loss (3 banks' total)
To be your Bank of choice
Point1 Core Business Profit decreased
in three accounting period,
exceed the projection
Net interest income decreased ¥2.5
billion due to a decline in return of interest,
rate of diminution decreased from the
previous period of ¥4.7 billion.
Core business profit exceed the
projection of ¥2.4 billion due to the refund
of deposit insurance, profit distributions of
fund, and decline in interest expense for
subordinated loan
Point2 Credit cost is on a low level
Credit cost is on a low level while
maintaining a conservative policy on
reserve.
Other operating loss is
investment and expense for
the future
Prepare for Basel III, prepay a part of
former raising capital (penalty amount
¥3.2 billion)
¥2.5 billion of system cost for renewal
ATM and all that.
Consolidated net income was
a record high
Consolidated net income stood at a
record high in two consecutive years.
In addition to above factors, extraordinary
loss decreased as partial cancellation of
retirement benefit trusts was recorded in
the last accounting period.
(\bil.)
3 banks non-
consolidated total
FY2013 YoY Chg.
Bank of Fukuoka
(non-consolidated)
FY2013 YoY Chg.
Kumamoto Bank
Shinwa Bank
(non-consolidated) (non-consolidated)
FY2013 YoY Chg. FY2013 YoY Chg.
Gross business profit
181.1
- 7.8
130.2
- 4.2
20.4 - 1.1
30.5
- 2.5
Net interest income
152.9
- 2.5
108.2
-0.0
18.6
-0.7
26.2
- 1.8
Domestic
147.2
- 3.3
102.4
- 1.0
18.6
- 0.6
26.2
- 1.7
International
5.7
+ 0.8
5.8
+1.0
-0.1
-0.1
-0.0
-0.1
Non-interest income
28.2
- 5.3
22.0
- 4.1
1.8
-0.5
4.4
-0.7
Net fees and commissions
18.5
-0.5
Specified trade income
4.3
+0.9
Bond-related income
5.4
- 5.7
335
13.7
-0.5
1.4
+0.1
3.4
-0.0
3.3
+ 0.6
0.4
+ 0.2
0.6
+0.1
5.1
- 4.2
0.0
- 0.7
0.3
-0.8
Overhead expenses
100.8
-0.2
65.4
+0.2
14.3
- 0.5
21.1
+0.1
Actual Business Profit
80.3
- 7.7
64.9
- 4.4
6.0
-0.6
9.4
- 2.7
|Transfer to general reserve for
13.5
+ 6.1
6.4 14.5
3.0
+1.8
4.1
+ 4.6
possible loan losses
Business profit
66.8
- 28.5
58.4
- 18.8
3.0
- 2.5
5.4
- 7.2
Core business profit
Point3
74.9
- 1.9
59.8
-0.1
6.0
+ 0.0
9.1
- 1.8
(except for market related profit [loss])
Other operating profit (loss)
-0.2 +15.3
1.5
12.9
- 1.8
+ 0.7
0.2
+1.7
Other operating profit(loss)
- 5.5
- 4.5
- 3.8
- 4.5
- 1.8
-0.6
0.1
+0.6
Ordinary profit
66.6
- 13.2
59.9
- 5.9
1.2
- 1.8
5.5
- 5.5
Extraordinary profit (loss).
-0.7
- 16.6
-0.4
+12.7
-0.1
+1.2
-0.2
+2.6
Income (loss) before income taxes
66.0
+ 3.3
59.5
+ 6.8
1.1
-0.6
5.3
- 2.9
Income taxes
15.9
- 2.0
19.1
- 0.5
- 3.9
+1.0
0.7
- 2.5
Net income
50.1
+ 5.3
40.4
+ 7.9
5.0
- 1.6
4.6
-0.4
Credit cost
8.2
+1.1
1.2
- 2.9
3.0
+ 0.6
4.0
+ 3.5
Point4
Profit & Loss (FFG consolidated)
Gross business profit
193.1
-6.6
Actual business profit
71.9
- 7.6
Core business profit
65.9
- 2.1
Ordinary profit
57.0
- 11.8
Consolidated net income
36.2
+ 4.1
FFG Fukuoka Financial Group
adjustments
Consolidation
Net income (3 banks non-consolidated total)
Amortization of goodwill
50.1
-9.2
Subsidiary income
0.7
FFG non-consolidated income,etc
-6.2
Others
0.8
FFG consolidated net income
36.2
27View entire presentation