THE AKITA BANK,LTD. (8343) Stock Price

The Akita Bank Group consists of Akita Bank and seven consolidated subsidiaries, providing financial services centered primarily on banking operations, along with leasing and guarantee services. These businesses form the core of the group.

Through 98 branches, Akita Bank offers a wide range of financial services including deposit and lending operations, securities investment, domestic and foreign exchange, government bonds, investment trusts, and insurance product sales. These operations serve as the group's central business activities.

Leasing operations are handled by one subsidiary of Akita Bank. This subsidiary provides leasing services to corporations and individuals, meeting diverse customer needs.

Six other subsidiaries of Akita Bank engage in regional economic development support, management consulting, regional trading operations, fund formation and management, personal loan credit guarantees, and credit services. Through these activities, the group contributes to the development of the regional economy.

Akita Bank operates under the management philosophy of "Regional Co-Prosperity," fulfilling its role as a regional financial institution and contributing to regional development. The bank has formulated a medium- to long-term vision through 2030 titled "Creating Value. Connecting to the Future." Through addressing regional challenges and providing high-quality financial and non-financial services, the bank aims to realize a sustainable regional society.

Akita Bank has established a three-year medium-term management plan beginning in fiscal 2025, with core strategies focused on establishing a value co-creation business model, enhancing the added value of regional resources, and strengthening human capital. Through these efforts, the bank seeks to establish a sustainable business model and coexistence with the region, pursuing sustained growth for both the region and the bank.

By fiscal 2027, Akita Bank targets consolidated net profit of 8 billion yen or more, ROE of 4.5% or above, and an OHR below 65%. The bank also aims to increase regional value co-creation business revenue to 7 billion yen or more and reduce CO2 emissions by 80%. By achieving these targets, the bank seeks to continue growing alongside regional society.

As part of its foundation strengthening strategy, Akita Bank is advancing smooth capital supply for corporate clients and providing services tailored to individual life plans. The bank is also leveraging digital technology to enhance convenience. These initiatives aim to improve customer satisfaction and expand revenue.

Under its regional value co-creation strategy, the bank is promoting regional industry development, addressing labor shortages, resolving successor shortages, responding to aging populations, and advancing decarbonization efforts. Through these initiatives, the bank aims to solve regional challenges and create new value.

The organization and human capital strategy focuses on creating an environment where diverse talent can thrive. The bank advances human development through skill mapping systems and business planning project research. These efforts aim to strengthen the organization and develop talent that supports sustained growth.

Akita Bank has established key management priorities to respond to external environmental changes such as population decline and aging, and to pursue value co-creation with stakeholders. Through these efforts, the bank aims to create both social and economic value, building a sustainable future.