Announcement of Formulation of the Second Medium-Term Management Plan

Overview of the Second Medium-Term Management Plan

Shizuoka Financial Group, Inc. has formulated the second medium-term management plan 'Xover2.0 ～Together to the Future' covering the three-year period from fiscal 2026 to 2028. The vision includes a '10-Year Vision' aiming for resonance and circulation with stakeholders and the region. The group positions itself as a value co-creation enterprise group that continues growth together with the region. The basic strategies are divided into three pillars: 'Co-creation, Growth, Challenge,' 'Transformation 2.0,' and 'Corporate Communication,' aiming to promote AI-native initiatives, human capital management, and accelerate system investments.

Financial Targets and Sustainability Indicators

The second medium-term management plan sets financial targets including consolidated ordinary income of 170 billion yen or more, consolidated ROE of approximately 9.5%, consolidated OHR of approximately 47%, and consolidated CET1 ratio of approximately 13%. Additionally, sustainability indicators have been established for creating social value, such as the continuous increase in the social population growth rate within Shizuoka Prefecture and GHG emission reduction target of 46% decrease from FY2013 levels by FY2030. Group transaction satisfaction and employee engagement improvement are also important indicators.