The Bank of Nagoya, Ltd.
Notice of Partial Review of the Mid-term Financial and Non-financial Goals in the 22nd Management Plan
Revised the mid-term net income target for 2027 from ¥20 billion to ¥28 billion, and raised ROE from over 6% to over 8%. Also increased the ESG investment target for 2030 from ¥500 billion to ¥1 trillion.
Key Figures
- Consolidated net income target for 2027: ¥28 billion (+¥8 billion upward revision)
- Consolidated ROE target for 2027: Over 8% (+2.0 percentage points upward revision)
- ESG investment amount target for 2030: ¥1 trillion (+¥500 billion upward revision)
AI要約
Review of Mid-term Management Goals
Nagoya Bank, Ltd. has upwardly revised some of the 2027 mid-term financial goals in the 22nd Management Plan. Specifically, the consolidated net income target has been increased from ¥20 billion to ¥28 billion, and ROE has been raised from over 6% to over 8%. There are no changes to the core OHR and loan-deposit balance targets. Additionally, for the 2030 financial goals, the policy investment stock reduction ratio will remain below 20%, with no change.
Upward Revision of Non-financial Goals and Future Outlook
The non-financial targets for 2030 have been significantly increased, with the ESG investment amount target raised from ¥500 billion to ¥1 trillion. Targets such as female workforce ratio, employee engagement, and cross-carrier ratio are maintained without change. The CO2 emissions reduction goal is set at ▲70% compared to FY2013. These revisions are aimed at ensuring strategic flexibility and enhancing corporate value by reflecting progress in ESG investments and changes in the management environment.
Nagoya Bank, Ltd.
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