THE FIRST BANK OF TOYAMA, LTD. (7184) Stock Price

Toyama First Bank is a corporate group that provides banking services as its core business, along with leasing operations and other financial services. Its main business segments are divided into banking, leasing, and other financial services.

In banking, Toyama First Bank's head office and 65 branches provide deposit services, lending services, domestic remittance services, foreign exchange services, and securities trading services. These operations are positioned as the core business of the company group. Additionally, the consolidated subsidiary Toyama First Business Co., Ltd. provides bank administrative outsourcing services.

Leasing operations are handled by the consolidated subsidiary Toyama First Lease Co., Ltd. This company operates various leasing services and provides flexible leasing solutions to corporations and individuals.

Other financial services include credit and credit guarantee services provided by Toyama First DC Co., Ltd., money lending services provided by Toyama Finance Co., Ltd., and the operation and management of investment partnerships by First Bank Capital Partners Co., Ltd. These services are developed to meet the diverse needs of customers.

Toyama First Bank operates as a regional financial institution under the management philosophy of being "Clear, Sound, and Fair." The bank aims to contribute to the development of the local community, with a particular focus on supporting regional growth through the provision of high-quality financial services.

In June 2023, the company announced "First Bank VISION10," clarifying its long-term growth strategy. This vision targets growth into a banking group that creates value together with the region, against the backdrop of decarbonization and digital transformation initiatives.

To respond to changes in the operating environment, Toyama First Bank prioritizes customer-first principles and plays a role in supporting regional growth. For business clients in particular, the bank provides support in resolving management challenges through cash flow assistance and consulting services.

For individual customers, the bank conducts financial seminars and provides asset formation support, combining in-person and remote services to enhance convenience. This realizes a higher level of "customer-oriented business operations."

On the governance front, the bank pursues sustained improvement in profitability and appropriate shareholder returns, working to enhance corporate value. Additionally, through efficiency improvements and synergy effects across the group, the bank seeks to increase value as a corporate group.

As the bank marks its 80th anniversary in fiscal year 2024, it is strengthening its capital base. This plan aims to substantially achieve the targets of the 1st STAGE and realize new risk-taking initiatives toward the 2nd STAGE.