July 31, 2020
Kansai Mirai Financial Group, Inc.
Consolidated Financial Results for the First Quarter of Fiscal Year 2020
(Three months ended June 30, 2020/ Unaudited)
Code number: 7321 | Stock exchange listings: Tokyo | |
URL: https://www.kmfg.co.jp/english/index.html | ||
Representative: Tetsuya Kan, | ||
Representative: Representative Director and Executive President | ||
Contact: | Yasutaka Yamasaki, | Telephone: 06(7733)7000 |
General Manager, Financial Accounting Division | ||
Annual securities report issuing date: August 7, 2020 | Dividends payment date: - | |
Supplemental information for the financial results: Available | Trading accounts: Not Established | |
Quarterly investor meeting presentation: Not Scheduled |
Note: Amounts of less than one million yen are rounded down.
1. Consolidated Financial Results for the First Quarter of Fiscal Year 2020 (April 1, 2020- June 30, 2020)
(1) Consolidated Operating Results | (% represents the change from the previous fiscal year) | ||||||
Ordinary Income | Ordinary Profits | Net Income Attributable to | |||||
Owners of Parent | |||||||
Million yen | % | Million yen | % | Million yen | % | ||
1Q of FY2020 | ( -3.2) | ( -40.5) | ( -6.8) | ||||
43,556 | 1,919 | 1,938 | |||||
1Q of FY2019 | 45,013 | ( -6.8) | 3,225 | ( -40.3) | 2,078 | ( -96.5) | |
Note: Comprehensive Income: 1Q of FY2020: 8,858 million yen ( 698.3%) 1Q of FY2019: 1,109 million yen ( -98.2%) | |||||||
Net Income per Share of | Diluted Net Income per | ||||||
Common Stock | Share of Common Stock | ||||||
Yen | Yen | ||||||
1Q of FY2020 | 5.20 | 5.19 | |||||
1Q of FY2019 | 5.58 | 5.57 |
- Consolidated Financial Conditions
Net Assets Attributable to | ||||
Total Assets | Net Assets | Stockholders to Total Assets | ||
Ratio | ||||
Million yen | Million yen | % | ||
June 30, 2020 | ||||
11,845,162 | 460,458 | 3.9 | ||
March 31, 2020 | 11,225,125 | 455,350 | 4.0 | |
(Reference) Net Assets Attributable to Stockholders: June 30, 2020: 457,533 million yen | March 31, 2020: 452,314 million yen |
Note: "Net Assets Attributable to Stockholders to Total Assets Ratio" is (Net assets at period-end minus Stock option at period-end minus Noncontrolling interests at period-end) divided by Total assets at period-end. This ratio is not calculated based on the "Notification on Consolidated Capital Adequacy".
2. Dividends on Common Stock
Dividends per Share | |||||
1st | 2nd | 3rd | Fiscal | Total | |
Quarter-end | Quarter-end | Quarter-end | Year-end | ||
Yen | Yen | Yen | Yen | Yen | |
FY2019 | - | 0.00 | - | 10.00 | 10.00 |
FY2020 | - | ||||
FY2020(Forecast) | 0.00 | - | 10.00 | 10.00 |
Note: Revision of forecasts for dividends from the latest announcement: No
3. Earnings Targets for Fiscal Year 2020 (April 1, 2020 - March 31, 2021)
(% represents the change from the previous fiscal year) | ||||
Net Income Attributable to | Net Income per Share of Common Stock | |||
Owners of Parent | ||||
FY2020 (Full year) | Million yen | % | Yen | |
6,000 | ( 52.8 ) | 16.11 | ||
Note: Revision of earnings targets from the latest announcement: No
4. Other
(1) Changes in significant subsidiaries during the period : No
New | : Not applicable |
Excluded : Not applicable
- Adoption of any particular accounting methods for quarterly consolidated financial statements: No
- Changes in Accounting Policies, Changes in Accounting Estimates and Restatements
- Changes due to revision of accounting standards : No
B) Changes due to other reasons | : | No | |
C) | Changes in accounting estimates | : | No |
D) | Restatements | : | No |
- Number of Shares of Common Stock Outstanding
- Total outstanding shares including treasury stock at the end of the period June 30, 2020 : 372,876,219 shares
March 31, 2020 : 372,876,219 shares
- Treasury stock at the end of the period
June 30, 2020 | : | 389,844 shares |
March 31, 2020 | : | 396,567 shares |
- Average outstanding shares during the period
1Q of FY2020 : 372,486,332 shares
1Q of FY2019 : 372,461,423 shares
Note: Status of the quarterly review process
This report is out of the scope of the external auditor's review procedure which is required by "Financial Instruments and Exchange Act."
Note: Disclaimer regarding Forward-looking Statements
This report contains forward-looking statements, which are based on the information currently available and certain assumptions the Company considers to be reasonable. Risks, uncertainties and other factors may cause actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements.
Kansai Mirai Financial Group does not revise the full year targets announced in May 2020, at this point in time.
Kansai Mirai Financial Group, Inc.
Financial Results for 1Q of FY2020
《Contents of Attachment》
- Consolidated Financial Statements
- Consolidated Balance Sheets……………………………………………………………………………. 2
- Consolidated Statements of Income and Consolidated Statements of Comprehensive Income…. 3
- Notes……………………………………………………………………………………………………….... 5 Note on Going-Concern Assumption …………………………………………………………………... 5 Note for Significant Changes in the Amount of Stockholder's Equity……………………………….. 5
(Supplementary Explanatory Material)
Reference Materials for the First Quarter of FY2020
- 1 -
Kansai Mirai Financial Group, Inc.
Financial Results for 1Q of FY2020
〇 Consolidated Financial Statements
(1) Consolidated Balance Sheets
(Millions of yen) | ||||
March 31, 2020 | June 30, 2020 | |||
Assets | ||||
Cash and due from banks | ¥ | 934,624 | ¥ | 1,312,107 |
Call loans and bills bought | 5,026 | 6,496 | ||
Monetary claims bought | 1,797 | 1,024 | ||
Trading account securities | 14 | 5 | ||
Securities | 866,840 | 909,488 | ||
Loans and bills discounted | 9,085,813 | 9,287,153 | ||
Foreign exchange assets | 20,317 | 17,680 | ||
Lease receivables and investments assets | 36,766 | 35,480 | ||
Other assets | 139,192 | 143,339 | ||
Tangible fixed assets | 103,934 | 103,104 | ||
Intangible fixed assets | 4,859 | 4,712 | ||
Net defined benefit asset | 18,711 | 18,833 | ||
Deferred tax assets | 33,543 | 30,939 | ||
Customers' liabilities for acceptances and guarantees | 23,209 | 26,502 | ||
Reserve for possible loan losses | (49,528) | (51,707) | ||
Total Assets | ¥ | 11,225,125 | ¥ | 11,845,162 |
Liabilities and Net Assets | ||||
Liabilities | ||||
Deposits | ¥ | 10,377,012 | ¥ | 10,882,150 |
Negotiable certificates of deposit | 133,140 | 78,850 | ||
Call money and bills sold | 2,548 | 3,597 | ||
Borrowed money | 110,510 | 274,725 | ||
Foreign exchange liabilities | 965 | 357 | ||
Other liabilities | 97,034 | 96,799 | ||
Reserve for employees' bonuses | 5,078 | 2,091 | ||
Net defined benefit liability | 12,602 | 12,335 | ||
Other reserves | 7,225 | 6,820 | ||
Deferred tax liabilities | 447 | 473 | ||
Acceptances and guarantees | 23,209 | 26,502 | ||
Total Liabilities | 10,769,774 | 11,384,703 | ||
Net Assets | ||||
Capital stock | 29,589 | 29,589 | ||
Capital surplus | 309,351 | 309,402 | ||
Retained earnings | 128,268 | 126,482 | ||
Treasury stock | (359) | (353) | ||
Total stockholders' equity | 466,851 | 465,121 | ||
Net unrealized gains on available-for-sale securities | (6,159) | 511 | ||
Net deferred gains on hedges | (25) | (21) | ||
Remeasurements of defined benefit plans | (8,350) | (8,077) | ||
Total accumulated other comprehensive income | (14,536) | (7,587) | ||
Stock acquisition rights | 297 | 292 | ||
Noncontrolling interests | 2,738 | 2,632 | ||
Total Net Assets | 455,350 | 460,458 | ||
Total Liabilities and Net Assets | ¥ | 11,225,125 | ¥ | 11,845,162 |
- 2 -
Kansai Mirai Financial Group, Inc.
Financial Results for 1Q of FY2020
- Consolidated Statements of Income and Consolidated Statements of Comprehensive Income [Consolidated Statements of Income]
(Millions of yen) | ||||
First Quarter of FY2019 | First Quarter of FY2020 | |||
From April 1, 2019 | From April 1, 2020 | |||
to June 30, 2019 | to June 30, 2020 | |||
Ordinary income | ¥ | 45,013 | ¥ | 43,556 |
Interest income | 27,811 | 27,795 | ||
Interest on loans and bills discounted | 25,885 | 24,981 | ||
Interest and dividends on securities | 1,318 | 2,195 | ||
Fees and commissions | 10,312 | 9,553 | ||
Other operating income | 6,490 | 4,243 | ||
Other ordinary income | 399 | 1,964 | ||
Ordinary expenses | 41,788 | 41,636 | ||
Interest expenses | 1,277 | 936 | ||
Interest on deposits | 1,168 | 879 | ||
Fees and commissions | 4,271 | 3,941 | ||
Other operating expenses | 4,350 | 3,059 | ||
General and administrative expenses | 28,917 | 28,239 | ||
Other ordinary expenses | 2,971 | 5,460 | ||
Ordinary profits | 3,225 | 1,919 | ||
Extraordinary gains | - | 789 | ||
Gains on disposal of fixed assets | - | 789 | ||
Extraordinary losses | 120 | 94 | ||
Losses on disposal of fixed assets | 67 | 94 | ||
Impairment losses on fixed assets | 52 | - | ||
Income before income taxes | 3,105 | 2,614 | ||
Income taxes - current | 487 | 552 | ||
Income taxes - deferred | 499 | 135 | ||
Total income taxes | 986 | 688 | ||
Net income | 2,118 | 1,926 | ||
Net income (loss) attributable to noncontrolling interests | 39 | (12) | ||
Net income attributable to owners of parent | ||||
¥ | 2,078 | ¥ | 1,938 | |
- 3 -
Kansai Mirai Financial Group, Inc.
Financial Results for 1Q of FY2020
[Consolidated Statements of Comprehensive Income]
(Millions of yen) | |
First Quarter of FY2019 | First Quarter of FY2020 |
From April 1, 2019 | From April 1, 2020 |
to June 30, 2019 | to June 30, 2020 |
Net income
Other comprehensive income
Net unrealized gains (losses) on available-for-sale securities Net deferred gains (losses) on hedges Remeasurements of defined benefit plans
Total comprehensive income
Total comprehensive income attributable to:
Owners of parent
Noncontrolling interests
¥ | 2,118 | ¥ | 1,926 |
(1,008) | 6,932 | ||
(1,319) | 6,654 | ||
(14) | 4 | ||
325 | 273 | ||
¥ | 1,109 | ¥ | 8,858 |
¥ | 1,056 | ¥ | 8,887 |
53 | (28) |
- 4 -
Kansai Mirai Financial Group, Inc.
Financial Results for 1Q of FY2020
(3) Notes
【Note on Going-Concern Assumption】
Not applicable
【Note for Significant Changes in the Amount of Stockholder's Equity】
Not applicable
- 5 -
Kansai Mirai Financial Group, Inc.
Financial Information for 1Q of FY2020
Reference Material for the First Quarter of FY2020
[Contents] | ||
1. | Statements of income | Page 1-3 |
2. | Claims disclosure according to the Financial Reconstruction Act | Page 4 |
3. | Unrealized gains/(losses) on marketable securities | Page 5 |
4. | Balance of deposits and loans | Page 6 |
Domestic breakdown of individual, corporate and other deposits | Page 7 | |
Balance of investment trust and other investment products for individual customers | Page 7 |
Note.1: Figures reported herein are not reviewed by the audit.
Note.2: Capital adequacy ratio will be announced soon after the calculation is completed.
Note: [Total of two banks] Sum of non-consolidated figures for Kansai Mirai Bank and Minato Bank.
Kansai Mirai Financial Group, Inc.
Financial Information for 1Q of FY2020
1. Statements of income
(1)Kansai Mirai Financial Group (Consolidated) | (Millions of yen) | |||||
1Q | Change | 1Q | ||||
FY 2020 | FY 2019 | |||||
Ordinary income | 1 | 43,556 | (1,457) | 45,013 | ||
Gross operating profit | 2 | 33,655 | (1,059) | 34,714 | ||
Interest income | 3 | 26,859 | 325 | 26,533 | ||
Fees and commissions | 4 | 5,612 | (428) | 6,040 | ||
Other operating income | 5 | 1,184 | (955) | 2,139 | ||
Expenses(excluding non-recurring items) | 6 | (27,804) | 498 | (28,303) | ||
Personnel expenses | 7 | (14,960) | 471 | (15,431) | ||
Non-personnel expenses | 8 | (10,904) | 59 | (10,964) | ||
Taxes | 9 | (1,938) | (31) | (1,907) | ||
Actual net operating profit | (2+6) | 10 | 5,851 | (560) | 6,411 | |
Provision to general reserve for possible loan losses | 11 | (943) | (805) | (137) | ||
Other gains/(losses), net | 12 | (2,988) | 60 | (3,048) | ||
Net gains/(losses) on stocks | 13 | 296 | 346 | (50) | ||
Disposal of problem loans | 14 | (2,933) | (2,231) | (701) | ||
Reversal of credit expenses | 15 | 786 | 667 | 119 | ||
Ordinary profit | 16 | 1,919 | (1,305) | 3,225 | ||
Extraordinary gains | 17 | 789 | 789 | - | ||
Extraordinary losses | 18 | (94) | 25 | (120) | ||
Income before income taxes | 19 | 2,614 | (491) | 3,105 | ||
Income taxes - current | 20 | (552) | (65) | (487) | ||
Income taxes - deferred | 21 | (135) | 364 | (499) | ||
Net income | 22 | 1,926 | (192) | 2,118 | ||
Net Income (loss) attributable to non-controlling interests | 23 | 12 | 51 | (39) | ||
Net income attributable to owners of parent | 24 | 1,938 | (140) | 2,078 | ||
Credit expense | (11+14+15) | 25 | (3,089) | (2,369) | (719) | |
Provision to general reserve for possible loan losses | 26 | (943) | (805) | (137) | ||
Write-off of loans | 27 | (670) | (393) | (276) | ||
Provision to specific reserve for possible loan losses | 28 | (2,261) | (1,980) | (280) | ||
Other disposal of problem loans | 29 | (2) | 142 | (144) | ||
Gains on recoveries of written-off loans | 30 | 786 | 667 | 119 | ||
○ ROE | (%) | |||||
1Q | 1Q | |||||
Change | ||||||
FY 2020 | FY 2019 | |||||
ROE based on net income attributable to owners of parent | 1.66 | (0.11) | 1.77 | |||
(Note) |
ROE= | Net income attributable to owners of parent (1Q)×365/91 |
(Total stockholders' equity at beginning of period + Total stockholders' equity at end of period) / 2 | |
- 1 -
Kansai Mirai Financial Group, Inc.
Financial Information for 1Q of FY2020
(2)Total of two banks, Non-consolidated figures of each bank | (Millions of yen) | |||||||
Total of two banks | ||||||||
[Non-consolidated] | ||||||||
1Q | 1Q | |||||||
FY 2020 | Change | FY 2019 | ||||||
Gross operating profit | (2+5+6) | 1 | 31,094 | (1,438) | 32,532 | |||
Interest income | 2 | 26,402 | 12 | 26,390 | ||||
3 | 23,892 | (585) | 24,478 | |||||
4 | 922 | 768 | 153 | |||||
Fees and commissions | 5 | 3,724 | (336) | 4,060 | ||||
Other operating income | 6 | 966 | (1,114) | 2,081 | ||||
Net gains/(losses) on bonds | 7 | 443 | (1,265) | 1,709 | ||||
Expenses (excluding non-recurring items and amortization of goodwill) | 8 | (26,708) | 671 | (27,379) | ||||
Personnel expenses | 9 | (13,510) | 603 | (14,114) | ||||
Non-personnel expenses | 10 | (11,311) | 93 | (11,405) | ||||
Taxes | 11 | (1,885) | (25) | (1,860) | ||||
Actual net operating profit (excluding amortization of goodwill) | (1+8) | 12 | 4,386 | (766) | 5,152 | |||
Core net operating profit | (12-7) | 13 | 3,942 | 499 | 3,443 | |||
Core net operating profit | (13-4) | 14 | 3,020 | (268) | 3,289 | |||
(excluding gains/(losses) on cancellation of investment trust) | ||||||||
Amortization of goodwill | 15 | (184) | - | (184) | ||||
Actual net operating profit (including amortization of goodwill) | (12+15) | 16 | 4,202 | (766) | 4,968 | |||
Provision to general reserve for possible loan losses | 17 | (914) | (914) | - | ||||
Net operating profit | (16+17) | 18 | 3,288 | (1,680) | 4,968 | |||
Other gains/(losses), net | 19 | (546) | 2,156 | (2,703) | ||||
Net gains/(losses) on stocks | 20 | 1,926 | 1,991 | (64) | ||||
Gains on sale | 21 | 2,332 | 2,316 | 16 | ||||
Losses on sale | 22 | (405) | (368) | (36) | ||||
Losses on devaluation | 23 | (0) | 43 | (44) | ||||
Disposal of problem loans | 24 | (2,081) | (1,660) | (421) | ||||
Reversal of credit expenses | 25 | 786 | 515 | 270 | ||||
Other | 26 | (1,178) | 1,309 | (2,488) | ||||
Ordinary profit | (18+19) | 27 | 2,741 | 476 | 2,264 | |||
Extraordinary gains/(losses), net | 28 | 893 | 1,007 | (113) | ||||
Net gains/(losses) on disposal of fixed assets | 29 | 893 | 956 | (62) | ||||
Impairment losses on fixed assets | 30 | - | 51 | (51) | ||||
Net income before income taxes | (27+28) | 31 | 3,635 | 1,484 | 2,151 | |||
Income taxes-current | 32 | (200) | (144) | (55) | ||||
Income taxes-deferred | 33 | (768) | (207) | (561) | ||||
Net income | (31+32+33) | 34 | 2,666 | 1,131 | 1,534 | |||
Credit expense | (17+24+25) | 35 | (2,209) | (2,058) | (150) | |||
Provision to general reserve for possible loan losses | 36 | (914) | (864) | (50) | ||||
Write-off of loans | 37 | (669) | (393) | (276) | ||||
Provision to specific reserve for possible loan losses | 38 | (1,409) | (1,612) | 202 | ||||
Other disposal of problem loans | 39 | (2) | 142 | (144) | ||||
Gains on recoveries of written-off loans | 40 | 786 | 668 | 117 | ||||
○ Interest rate spreads (domestic operations) | (%) | |||||||
Total of two banks | ||||||||
[Non-consolidated] | ||||||||
1Q | 1Q | |||||||
FY 2020 | Change | FY 2019 | ||||||
Average interest rate of loans and bills discounted (A) | 1.08 | (0.05) | 1.13 | |||||
Average interest rate of deposits and negotiable CDs (B) | 0.03 | (0.00) | 0.03 | |||||
Loan-to-deposit spread (A) - (B) | 1.05 | (0.04) | 1.10 | |||||
(Reference) Excluding loans to the Japanese government and others | ||||||||
Average interest rate of loans and bills discounted (C) | 1.09 | (0.05) | 1.14 | |||||
Loan-to-deposit spread (C) - (B) | 1.05 | (0.04) | 1.10 |
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Kansai Mirai Financial Group, Inc.
Financial Information for 1Q of FY2020
(Millions of yen)
Kansai Mirai Bank | Minato Bank | |||||||||
1Q | 1Q | 1Q | 1Q | |||||||
FY 2020 | Change | FY 2019 | FY 2020 | Change | FY 2019 | |||||
Gross operating profit | (2+5+6) | 1 | 21,635 | (1,477) | 23,113 | 9,458 | 39 | 9,419 | ||
Interest income | 2 | 18,970 | (229) | 19,199 | 7,432 | 241 | 7,190 | |||
3 | 17,507 | (445) | 17,953 | 6,384 | (140) | 6,525 | ||||
4 | 624 | 493 | 130 | 297 | 274 | 23 | ||||
Fees and commissions | 5 | 2,220 | (77) | 2,298 | 1,503 | (258) | 1,762 | |||
Other operating income | 6 | 444 | (1,171) | 1,615 | 522 | 56 | 466 | |||
Net gains/(losses) on bonds | 7 | (33) | (1,366) | 1,333 | 476 | 100 | 375 | |||
Expenses (excluding non-recurring items and amortization of goodwill) | 8 | (18,570) | 234 | (18,804) | (8,137) | 437 | (8,574) | |||
Personnel expenses | 9 | (9,315) | 516 | (9,831) | (4,195) | 86 | (4,282) | |||
Non-personnel expenses | 10 | (7,921) | (301) | (7,620) | (3,389) | 395 | (3,785) | |||
Taxes | 11 | (1,333) | 19 | (1,353) | (551) | (44) | (507) | |||
Actual net operating profit (excluding amortization of goodwill) | (1+8) | 12 | 3,064 | (1,243) | 4,308 | 1,321 | 477 | 844 | ||
Core net operating profit | (12-7) | 13 | 3,097 | 122 | 2,975 | 844 | 376 | 468 | ||
Core net operating profit | (13-4) | 14 | 2,473 | (371) | 2,844 | 547 | 102 | 445 | ||
(excluding gains/(losses) on cancellation of investment trust) | ||||||||||
Amortization of goodwill | 15 | (184) | - | (184) | - | - | - | |||
Actual net operating profit (including amortization of goodwill) | (12+15) | 16 | 2,880 | (1,243) | 4,124 | 1,321 | 477 | 844 | ||
Provision to general reserve for possible loan losses | 17 | (905) | (905) | - | (9) | (9) | - | |||
Net operating profit | (16+17) | 18 | 1,975 | (2,148) | 4,124 | 1,312 | 468 | 844 | ||
Other gains/(losses), net | 19 | 509 | 3,125 | (2,616) | (1,056) | (968) | (87) | |||
Net gains/(losses) on stocks | 20 | 1,396 | 1,400 | (4) | 530 | 590 | (59) | |||
Gains on sale | 21 | 1,397 | 1,397 | - | 935 | 919 | 16 | |||
Losses on sale | 22 | - | 4 | (4) | (405) | (373) | (32) | |||
Losses on devaluation | 23 | (0) | (0) | (0) | - | 44 | (44) | |||
Disposal of problem loans | 24 | (1,045) | (756) | (289) | (1,035) | (904) | (131) | |||
Reversal of credit expenses | 25 | 710 | 494 | 216 | 75 | 21 | 54 | |||
Other | 26 | (551) | 1,986 | (2,537) | (627) | (677) | 49 | |||
Ordinary profit | (18+19) | 27 | 2,485 | 977 | 1,508 | 256 | (500) | 756 | ||
Extraordinary gains/(losses), net | 28 | 899 | 1,004 | (105) | (5) | 2 | (8) | |||
Net gains/(losses) on disposal of fixed assets | 29 | 899 | 953 | (54) | (5) | 2 | (8) | |||
Impairment losses on fixed assets | 30 | - | 51 | (51) | - | - | - | |||
Net income before income taxes | (27+28) | 31 | 3,384 | 1,981 | 1,402 | 250 | (497) | 748 | ||
Income taxes-current | 32 | (188) | (146) | (41) | (11) | 2 | (14) | |||
Income taxes-deferred | 33 | (765) | (424) | (340) | (3) | 216 | (220) | |||
Net income | (31+32+33) | 34 | 2,430 | 1,410 | 1,020 | 235 | (278) | 513 | ||
Credit expense | (17+24+25) | 35 | (1,240) | (1,167) | (73) | (968) | (891) | (77) | ||
Provision to general reserve for possible loan losses | 36 | (905) | (949) | 44 | (9) | 85 | (94) | |||
Write-off of loans | 37 | (668) | (392) | (275) | (0) | (0) | (0) | |||
Provision to specific reserve for possible loan losses | 38 | (444) | (506) | 61 | (965) | (1,106) | 140 | |||
Other disposal of problem loans | 39 | 67 | 80 | (13) | (69) | 61 | (130) | |||
Gains on recoveries of written-off loans | 40 | 710 | 599 | 110 | 75 | 68 | 7 | |||
○ Interest rate spreads (domestic operations) | (%) | |||||||||
Kansai Mirai Bank | Minato Bank | |||||||||
1Q | 1Q | 1Q | 1Q | |||||||
FY 2020 | Change | FY 2019 | FY 2020 | Change | FY 2019 | |||||
Average interest rate of loans and bills discounted (A) | 1.13 | (0.05) | 1.18 | 0.98 | (0.04) | 1.02 | ||||
Average interest rate of deposits and negotiable CDs (B) | 0.03 | (0.01) | 0.04 | 0.02 | (0.00) | 0.02 | ||||
Loan-to-deposit spread (A) - (B) | 1.09 | (0.04) | 1.13 | 0.96 | (0.04) | 1.00 | ||||
(Reference) Excluding loans to the Japanese government and others | ||||||||||
Average interest rate of loans and bills discounted (C) | 1.13 | (0.05) | 1.18 | 0.98 | (0.05) | 1.04 | ||||
Loan-to-deposit spread (C) - (B) | 1.09 | (0.04) | 1.13 | 0.96 | (0.05) | 1.02 |
- 3 -
Kansai Mirai Financial Group, Inc.
Financial Information for 1Q of FY2020
2.Claims disclosure according to the Financial Reconstruction Act
(Millions of yen, %) | |||||||
End of Jun. | End of Mar. | End of Jun. | |||||
(A)-(B) | (A)-(C) | ||||||
2020 (A) | 2020 (B) | 2019 (C) | |||||
Unrecoverable or valueless claims | 31,275 | (1,098) | (1,800) | 32,373 | 33,075 | ||
Risk claims | 103,251 | 931 | (2,148) | 102,320 | 105,399 | ||
Special attention loans | 27,133 | 2,117 | 3,830 | 25,015 | 23,302 | ||
Financial Reconstruction Act subtotal [A] | 161,659 | 1,950 | (118) | 159,709 | 161,778 | ||
Normal claims | 9,308,749 | 209,324 | 223,920 | 9,099,425 | 9,084,829 | ||
Financial Reconstruction Act total [B] | 9,470,409 | 211,274 | 223,801 | 9,259,134 | 9,246,608 | ||
Partial direct write-offs | 74,388 | 325 | (3,251) | 74,063 | 77,640 | ||
NPL Ratio [A] / [B] | 1.70 | (0.01) | (0.04) | 1.72 | 1.74 | ||
Unrecoverable or valueless claims | 15,393 | (1,755) | (4,300) | 17,148 | 19,693 | ||
Risk claims | 71,708 | 156 | (2,293) | 71,552 | 74,002 | ||
Special attention loans | 23,392 | 2,169 | 4,372 | 21,222 | 19,019 | ||
Financial Reconstruction Act subtotal [A] | 110,494 | 571 | (2,221) | 109,923 | 112,715 | ||
Normal claims | 6,488,306 | 104,491 | 104,746 | 6,383,815 | 6,383,560 | ||
Financial Reconstruction Act total [B] | 6,598,801 | 105,062 | 102,525 | 6,493,739 | 6,496,276 | ||
Partial direct write-offs | 69,439 | 81 | (2,572) | 69,358 | 72,012 | ||
NPL Ratio [A] / [B] | 1.67 | (0.01) | (0.06) | 1.69 | 1.73 | ||
Unrecoverable or valueless claims | 15,881 | 656 | 2,499 | 15,224 | 13,381 | ||
Risk claims | 31,542 | 774 | 144 | 30,767 | 31,397 | ||
Special attention loans | 3,740 | (52) | (541) | 3,793 | 4,282 | ||
Financial Reconstruction Act subtotal [A] | 51,165 | 1,379 | 2,102 | 49,785 | 49,062 | ||
Normal claims | 2,820,443 | 104,833 | 119,173 | 2,715,609 | 2,701,269 | ||
Financial Reconstruction Act total [B] | 2,871,608 | 106,212 | 121,276 | 2,765,395 | 2,750,331 | ||
Partial direct write-offs | 4,949 | 243 | (678) | 4,705 | 5,628 | ||
NPL Ratio [A] / [B] | 1.78 | (0.01) | (0.00) | 1.80 | 1.78 |
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Kansai Mirai Financial Group, Inc.
Financial Information for 1Q of FY2020
3. Unrealized gains/(losses) on marketable securities (Bonds held to maturity, stocks of subsidiaries and affiliates and available-for-sale securities)
(Millions of yen) | ||||||||
B/S Amount | Unrealized gains/(losses) | |||||||
Change from | Change from | |||||||
(End of Jun. | End of | (End of Jun. | Gain | Loss | End of | |||
Group Consolidated> | 2020) | Mar. 2020 | 2020) | Mar. 2020 | ||||
Bonds held to maturity | 223,877 | 6,698 | 1,726 | 2,383 | (656) | (969) | ||
Available-for-sale securities | 675,560 | 33,535 | 732 | 8,868 | (8,135) | 9,025 | ||
Stocks | 26,606 | 810 | 668 | 4,220 | (3,552) | 3,804 | ||
Bonds | 564,812 | 51,536 | (870) | 584 | (1,454) | (403) | ||
JGB | 44,312 | 8,517 | (922) | - | (922) | (432) | ||
Other | 84,141 | (18,811) | 933 | 4,063 | (3,129) | 5,625 | ||
Notes: 1.The figures presented in the table | above include | securities, negotiable | certificates of deposit (NCDs) included in "cash and due | |||||
from banks" and a portion of "monetary claims bought." | ||||||||
2.The presented figures only include marketable securities. | ||||||||
(Millions of yen) | ||||||||
B/S Amount | Unrealized gains/(losses) | |||||||
Change from | Change from | |||||||
(End of Jun. | End of | (End of Jun. | Gain | Loss | End of | |||
2020) | Mar. 2020 | 2020) | Mar. 2020 | |||||
Bonds held to maturity | 223,876 | 6,698 | 1,727 | 2,384 | (656) | (969) | ||
Stocks of subsidiaries and affiliates | - | - | - | - | - | - | ||
Available-for-sale securities | 673,082 | 33,771 | 10,655 | 15,774 | (5,118) | 7,696 | ||
Stocks | 26,540 | 806 | 11,675 | 12,176 | (501) | 2,169 | ||
Bonds | 564,812 | 51,536 | (670) | 786 | (1,456) | (427) | ||
Other | 81,729 | (18,570) | (349) | 2,810 | (3,159) | 5,953 | ||
Bonds held to maturity | 173,586 | (5,876) | 1,983 | 2,381 | (398) | (826) | ||
Stocks of subsidiaries and affiliates | - | - | - | - | - | - | ||
Available-for-sale securities | 501,856 | 31,194 | 4,443 | 8,005 | (3,561) | 4,062 | ||
Stocks | 10,581 | (1,255) | 4,842 | 5,117 | (275) | (171) | ||
Bonds | 421,141 | 41,050 | 99 | 429 | (329) | 42 | ||
Other | 70,133 | (8,599) | (498) | 2,458 | (2,957) | 4,191 | ||
Bonds held to maturity | 50,289 | 12,574 | (256) | 2 | (258) | (143) | ||
Stocks of subsidiaries and affiliates | - | - | - | - | - | - | ||
Available-for-sale securities | 171,225 | 2,577 | 6,212 | 7,768 | (1,556) | 3,633 | ||
Stocks | 15,958 | 2,062 | 6,833 | 7,059 | (226) | 2,341 | ||
Bonds | 143,671 | 10,485 | (769) | 357 | (1,127) | (470) | ||
Other | 11,596 | (9,970) | 149 | 351 | (202) | 1,762 |
Notes: 1.The figures presented in the table above include securities, negotiable certificates of deposit (NCDs) included in "cash and due from banks" and a portion of "monetary claims bought."
2.The presented figures only include marketable securities.
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Kansai Mirai Financial Group, Inc.
Financial Information for 1Q of FY2020
4. Balance of deposits and loans
(Millions of yen) | ||||||
End of Jun. | (A)-(B) | (A)-(C) | End of Mar. | End of Jun. | ||
2020 (A) | 2020 (B) | 2019 (C) | ||||
Deposits (Term-end) | 10,903,477 | 497,376 | 39,089 | 10,406,101 | 10,864,388 | |
Deposits (Average balance) | 10,554,553 | (53,464) | (197,576) | 10,608,018 | 10,752,130 | |
Loans and bills discounted (Term-end) | 9,346,927 | 206,646 | 232,773 | 9,140,281 | 9,114,154 | |
Loans and bills discounted (Average balance) | 9,194,472 | 129,536 | 126,041 | 9,064,935 | 9,068,430 | |
Deposits (Term-end) | 7,319,436 | 290,348 | (170,077) | 7,029,087 | 7,489,514 | |
Deposits (Average balance) | 7,101,976 | (156,334) | (316,172) | 7,258,310 | 7,418,149 | |
Loans and bills discounted (Term-end) | 6,529,866 | 102,828 | 109,232 | 6,427,037 | 6,420,633 | |
Loans and bills discounted (Average balance) | 6,454,663 | 79,128 | 54,506 | 6,375,535 | 6,400,157 | |
Deposits (Term-end) | 3,584,041 | 207,028 | 209,166 | 3,377,013 | 3,374,874 | |
Deposits (Average balance) | 3,452,577 | 102,869 | 118,595 | 3,349,707 | 3,333,981 | |
Loans and bills discounted (Term-end) | 2,817,061 | 103,817 | 123,541 | 2,713,243 | 2,693,520 | |
Loans and bills discounted (Average balance) | 2,739,808 | 50,407 | 71,534 | 2,689,400 | 2,668,273 |
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Kansai Mirai Financial Group, Inc.
Financial Information for 1Q of FY2020
Domestic breakdown of individual, corporate and other deposits | (Millions of yen) | |||||
End of Jun. | End of Mar. | End of Jun. | ||||
(A)-(B) | (A)-(C) | |||||
2020 (A) | 2020 (B) | 2019 (C) | ||||
Domestic individual deposits (Term-end) | 8,118,625 | 216,344 | 111,527 | 7,902,280 | 8,007,097 | |
Liquid deposits | 4,631,341 | 256,421 | 383,491 | 4,374,919 | 4,247,850 | |
Time deposits | 3,462,690 | (40,251) | (271,264) | 3,502,942 | 3,733,955 | |
Domestic corporate deposits (Term-end) | 2,606,843 | 218,070 | 73,979 | 2,388,772 | 2,532,863 | |
Liquid deposits | 1,831,719 | 211,539 | 176,645 | 1,620,180 | 1,655,074 | |
Time deposits | 687,869 | (7,937) | (137,549) | 695,806 | 825,419 | |
Domestic individual deposits (Term-end) | 5,382,164 | 103,101 | (15,394) | 5,279,063 | 5,397,559 | |
Liquid deposits | 2,758,104 | 144,681 | 224,075 | 2,613,423 | 2,534,028 | |
Time deposits | 2,614,319 | (41,864) | (239,698) | 2,656,183 | 2,854,018 | |
Domestic corporate deposits (Term-end) | 1,806,232 | 117,175 | (18,081) | 1,689,057 | 1,824,314 | |
Liquid deposits | 1,214,612 | 111,289 | 95,542 | 1,103,322 | 1,119,069 | |
Time deposits | 528,637 | (9,604) | (138,651) | 538,242 | 667,288 | |
Domestic individual deposits (Term-end) | 2,736,460 | 113,243 | 126,922 | 2,623,216 | 2,609,537 | |
Liquid deposits | 1,873,237 | 111,740 | 159,415 | 1,761,496 | 1,713,822 | |
Time deposits | 848,371 | 1,612 | (31,565) | 846,758 | 879,937 | |
Domestic corporate deposits (Term-end) | 800,610 | 100,895 | 92,061 | 699,714 | 708,548 | |
Liquid deposits | 617,107 | 100,249 | 81,103 | 516,858 | 536,004 | |
Time deposits | 159,232 | 1,667 | 1,101 | 157,564 | 158,130 |
Notes:1.Figures are based on the reports submitted to Bank of Japan. (excluding overseas loans and loans in Japan offshore banking account)
2.Liquid deposits = current deposits + ordinary deposits + saving deposits + deposits at notice Time deposits = Time deposits + Installment savings
Balance of investment trust and other investment products for individual customers(Millions of yen) | ||||||
End of Jun. | (A)-(B) | (A)-(C) | End of Mar. | End of Jun. | ||
2020 (A) | 2020 (B) | 2019 (C) | ||||
Investment trust (Including fund wrap) | 646,084 | 56,137 | (16,808) | 589,946 | 662,892 | |
Public bond | 9,522 | (369) | (1,756) | 9,892 | 11,279 | |
Insurance | 846,458 | 8,616 | 29,016 | 837,842 | 817,441 | |
Investment trust (Including fund wrap) | 456,494 | 39,963 | (8,471) | 416,530 | 464,965 | |
Public bond | 3,981 | 35 | (522) | 3,945 | 4,503 | |
Insurance | 639,600 | 9,208 | 19,395 | 630,392 | 620,205 | |
Investment trust (Including fund wrap) | 189,590 | 16,173 | (8,337) | 173,416 | 197,927 | |
Public bond | 5,541 | (405) | (1,234) | 5,946 | 6,775 | |
Insurance | 206,857 | (592) | 9,620 | 207,449 | 197,236 |
Notes:1.Investment trust: based on market prices at each period-end
2.Public bond: Government bonds, local government bonds, and government-guaranteed bonds in custody accounts (amounts in par value and on a delivery date basis)
3.Insurance: based on insurance premiums paid (yen equivalent)
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Kansai Mirai Financial Group Inc. published this content on 31 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 July 2020 07:05:20 UTC