Resona Holdings, Inc. (8308) Stock Price

Resona Holdings forms the Resona Group together with Resona Bank, Saitama Resona Bank, Kansai Mirai Bank, Minato Bank, and others. The group operates 30 consolidated subsidiaries domestically and 3 overseas, along with 5 affiliated companies accounted for using the equity method.

The Resona Group provides a wide range of financial services centered on banking and trust operations, including credit card services, venture capital operations, factoring services, investment management, investment advisory and agency services, and leasing operations. This enables the group to meet diverse customer needs.

The company divides its business into three operating segments—Individual Banking, Corporate Banking, and Markets—for management accounting purposes. These segments function as the group's reporting segments, with each providing specialized services to enhance the overall competitiveness of the Resona Group.

Resona Holdings aims to become "Retail No. 1" and establish itself as the solution group most trusted by customers and local communities. The company is committed to maximizing both social and corporate value by treating customer satisfaction as its own satisfaction.

To address social challenges such as global warming and an aging society with fewer children, the company is advancing Sustainability Transformation (SX) and Digital Transformation (DX). Through these initiatives, it aims to meet the increasingly diverse needs of its customers.

The medium-term management plan covers fiscal years 2023 through 2025 and is positioned as "the first 1,000 days of customer experience (CX) initiatives toward accelerating Retail No. 1 realization." The company will pursue reforms in revenue and cost structures through strengthening value creation capabilities and modernizing its management foundation.

Specific initiatives include focusing on lending to small and medium-sized enterprises, business succession support, cashless and DX solutions, and asset formation support. These efforts aim to strengthen the customer base and create new value.

The company is also modernizing governance, human capital, and intellectual capital to build an organization capable of flexibly adapting to change. This approach supports the pursuit of sustained improvement in both social and corporate value.

In capital management, the company targets an ROE of 8% and aims to enhance corporate value through growth investments and shareholder returns. By fiscal year 2029, it targets a DOE of 3% and aims for stable dividend increases.