長野銀行アニュアルレポート平成21年3月期

FinancialStatements
March31,2009

THENAGANOBANK,LTD.
JAPAN


Profile
TheNaganoBank,aregionalbankwhoseoperationalbaseisNaganoPrefectureincentralJapan,wasestablishedin1950.Sincethattime,theBank’sstaffworkedtirelesslytocontributetotheprosperityoftheregionalcommunityandwinthetrustoflocalresidentsandbusinesses.Inlinewiththeseefforts,theNaganoBankhasgrownsteadily,withthenumberofofficesasoftheendofMarch31,2009reaching52withinNaganoPrefectureandoneinTokyo.Totaldepositsstoodat¥838billion(US$8,539million)andtotalassetsat¥879billion(US$8,956million).InMarch1997,theBank’sstockwaslistedonthesecondsectionoftheTokyoStockExchange.ThelistingwasupgradedtothefirstsectioninSeptember1998,andaprivateplacementofstockswascarriedoutin1999tofurtherbolstertheBank’scapitalratio.Inthisway,wehavebeensteadilylayingthecornerstonesofastrongbusinessstructure.

MessagefromtheManagement
DevelopmentsintheJapaneseeconomyinfiscal2008wereovershadowedbytheglobaleconomicdownturntriggeredbythefinancialcrisisintheUnitedStates,whichstemmedfromthesubprimeloanproblemthathadfirstsurfacedinthesummerof2007.Inthefaceofthis“once-in-acentury”recession,drasticremedialactionwasannouncedbygovernmentsaroundtheworld,notablyWashington.LeadersoftheG7nationsandfinanceministersoftheG20nationsdiscussedmeasurestotacklethecrisis,butdespitethistheinternationalcapitalmarketsremainvolatile,andrecoveryfortheeconomiesoftheUnitedSatesandtheworldasawhole,andspecificallyforJapan,appearstobestillquitedistant.InNaganoPrefecture,theBank’sprincipaloperatingterritory,allmanufacturingindustrysectorshavebeenexperiencinganincreasinglysharpdecreaseinproduction,mainlyowingtothesteepfalloffinexportssincelastautumn.Companiesintheconstructionindustryarepostingevenworsebusinessperformancesagainstthebackdropofdeclinesinbothpublicspendingandprivate-sectorcapitalinvestmentbelowthepreviousyear’slevels,aswellasaslumpinhousingconstructionstarts.Inthepreviousperiod,newhousingstartshadbeenadverselyaffectedbydelaysinthegrantingofbuildingpermissionduetotheapplicationofnewconstructionstandards.Inthecommercialsector,salespostedbylarge-scaleretailfacilitiesfellduetoweakeningconsumerconfidence,andthebusinessperformancesofthewholesaleandretailindustriesarefollowingadownwardtrend.Inthefinancialsector,inresponsetotheloweringofkeypolicyratesbyallmajorcountriesinthefaceoftheglobaleconomicdownturn,theBankofJapanalsoloweredtheunsecuredovernightcallrateby0.2pointsinOctober2008andagainbythesameamountinDecember,bringingtheratedowntoitslowest-everlevelof0.1%.Amidthisdifficultfinancialandeconomicenvironment,weworkedtoachieveourgoalsundertheBank’ssevenththree-yearmanagementplan,launchedinApril2007,ofbuildingasignificantpresenceintheregionalcommunityandinspiringtrustthroughourcarefulattentiontoindividualcustomerneedsandconsultationonfinancialmatters.ThemanagementandemployeesofNaganoBankareworkingtogethertorealizethesegoalsbyexpandingthescopeofourbusinessactivitiesandfurtherraisingmanagementefficiency.Totaldepositsincreasedby¥19,554millionduringthereportingterm,centeredondepositsbyindividuals,foraterm-endbalanceof¥838,856million(US$8,539million).Loansdeclinedby¥9,748millionto¥620,649million(US$6,318million)attheterm-end,owingtoslackdemandforfundingforcapitalinvestmentsamidthebusinessslowdown,aswellasasharpfallinthenumberofhousingconstructionstartsinNaganoPrefecture.Securitiesholdingsincreasedby¥22,061millionto¥224,064million(US$2,281million)attheterm-end.Thebalanceofpersonalassetsincustody,primarilyintheformofinvestmenttrusts,roseby¥7,031milliontoaterm-endbalanceof¥61,900million(US$630million).ThevalueofforeignexchangetransactionscametoUS$3,449million.Turningtoearnings,thankstoourcost-cuttingeffortswemanagedtopostanetincomeof¥384millionagainstthebackgroundoftheneedforincreasedloan-lossreservesduetothedeterioratingbusinessconditionsofmanyofourcorporateborrowers.Thepostingofanunrealizedlossonsecuritiesholdingsamidanacross-the-boardslumpinstockmarketpricesalsocontributedtothedecreaseinearnings.Wewillcontinuetomakeeffortstoboostprofitabilitybyreinforcingourmarketingactivities,raisingoperationalefficiency,andimplementingcost-cuttingmeasures.DuringthereportingtermwetookstepstorespondtoprovisionsintheFinancialInstrumentsandExchangeLawregardinginternalcontroloffinancialreporting,andtotheLawforPreventionofTransferofCriminalProceeds.InthenearfuturewewillbefocusingeffortsonmeasurestoensurecompliancewithconflictofinterestregulationsundertheFinancialInstrumentsandExchangeLaw.Wewillalsobebolsteringourriskmanagementsystem,andwillcontinuetosupportcorporaterehabilitationandmakeactiveuseoftheBank’sfinancialintermediaryfunctionsinlinewithourprogramforpromotingrelationshipbankingforthebenefitoftheregionalcommunity.TheJapanesefinancialsectorisbecomingincreasinglycompetitive,partlyowingtotheinvolvementinbankingoperationsofcompaniesfromotherindustries,andtheBank’soperatingenvironmentseemscertaintobecomeevenmoredifficult.Inthissituation,themanagementoftheBankofNaganorecognizesthecrucialimportanceofgettingbacktothebasicsofthefinancialservicesindustry,thatistosay,deposit-keepingandtheprovisionofstablefunding.Todothis,wewillmaintainaclosegraspofcustomerneedssoastoprovidethesortoffinancialservicesthatcreatecustomersatisfaction.Atthesametime,wewillnurtureasoundandvibrantcorporateculturefocusingonlegalandethicalcompliance,andwillpursueinitiativestoenforcerigorousriskmanagementandrealizeasoundfinancialposition,therebyproducingastrengthenedearningsstructure.Welookforwardtothecontinuedsupportandencouragementofourshareholdersandotherstakeholdersinourfutureendeavors.

その他ニュースを見る

[情報元]
http://www.naganobank.co.jp/kabu/ip33_6.pdf

注目

Den Fujitaの商法〈1〉頭の悪い奴は損をする (ワニの新書)
“元祖・起業家”日本マクドナルド社長藤田田が書いた痛快な金儲けのバイブル、新装版で登場!ビジネス成功の法則が満載。
スティーブ・ジョブズ I・IIセット
取材嫌いで有名なスティーブ・ジョブズが唯一全面協力した、本人公認の決定版評伝。全世界同時発売! 未来を創った、今世紀を代表する経営者スティーブ・ジョブズのすべてを描き切った文字どおり、最初で最後の一冊!! 本書を読まずして、アップルもITも経営も、そして、未来も語ることはできない。

関連ニュース

新着ニュース

注目情報

大富豪アニキの教え
バリ島に住む世界レベルのウルトラ大富豪アニキ、初出版! 「やばいで、オレ、人生を変える、とんでもない秘密を、バラしてもうた」(byアニキ)。
金持ち父さんのキャッシュフロー・クワドラント
パーソナルファイナンス専門の作家で大学講師でもあるロバート・キヨサキが、全く違うタイプである2人の人物の影響を受けて構築した、ユニークな経済論を展開している。
マーケットの魔術師 - 米トップトレーダーが語る成功の秘訣
アメリカのトップトレーダー(=マーケットの魔術師)たちが語る成功の秘訣を書き、話題となった『Market Wizards』の翻訳書

パートナーサイト


ティアラ
初心者の方やより真面目に出会いを探している方向けのコミュニティーサイトです。

Yahoo!オークション
日本最大のインターネットオークションサイト

みんなのFX
取引手数料無料、スプレッド原則0,7銭固定、レバレッジ最大400倍

占い師テレビ
自宅にいながら気軽に鑑定してもらえる「占い師テレビ」