Investor Presentaiton
Income Analysis
1. Summary
2. How to Increase
Corporate Value
3. Appendix
4. Financial Data
Financial Results
Asset
Management
Σ Business
Governance
Net interest income for FY2024/3 H1 decreased by JPY 92.1bn year on year to JPY 337.5bn.
Net interest income decreased mainly due to an increase in foreign currency funding costs associated with a rise in overseas
interest rates.
Income Analysis (Non-consolidated)
(billion yen)
Net interest income (Domestic)
FY2023/3 H1
(A)
FY2024/3 H1
(B)
(billion yen)
Increase
(Decrease)
(B)-(A)
Main drivers of
increase and decrease
I Net interest income (Overseas)
Interest rate spread
Domestic
(1)
Net interest income
(1)
257.1
117.5
(139.6)!
Interest income
280.4
132.7
(147.7)
0.52%
Impact of change in method of calculating
the amount of elimination of internal funding
transactions between domestic and overseas
business division
0.37%
*
0.34%
Interest on Japanese government bonds
130.5
92.9
(37.5)
(Ref.)
The amount of elimination
0.29%*
Interest expenses
23.3
15.1
(8.1)
- FY2024/3 H1: JPY 0.01bn
1,147.5
Overseas
[YOY JPY (114.5)bn]
- FY2023/3 H1: JPY 114.5bn
Net interest income
172.5
220.0
47.4
785.1
745.2
Interest income
445.1
544.9
99.7
(2)
Interest on foreign securities
442.8
539.5
(2)
96.7
Increase in gains on assets such as foreign
corporate bonds
508.9
429.7
Strategic investment areas
100.3
54.5
(3)
(45.7)! (3)
337.5
172.5
Interest expenses
(1)
272.5
324.9
(4)
52.3
Mainly due to postponed timing of private
equity funds profit generation
220.0
(4)
402.2
Total
276.1
257.1
117.5
Net interest income
429.7
337.5
(92.1)
FY21
FY22
FY22
H1
FY23
H1
Despite decrease in amount of elimination
(See (1) above), increase in foreign currency
funding costs
Interest income
611.0
677.6
66.5
* Annualized basis
Interest expenses
181.2
340.0
158.7
Notes: 1. "Domestic" represents yen-denominated transactions while "overseas" represents foreign currency-denominated transactions (except that yen-denominated transactions with non-residents of Japan are included in "overseas").
2. Interest income from "domestic" and expenses from "overseas" include interest on transactions between "domestic" and "overseas", respectively. The interest are offset to calculate totals. And, the Bank revised calculation method of
the interest from the fiscal year ended March 31, 2023.
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