THE NISHI-NIPPON CITY BANK,LTD. (E03604) Stock Price

Nishi-Nippon City Bank is a regional financial institution centered in Kyushu and Fukuoka Prefecture, offering comprehensive banking services with deposits and lending as its core operations. The company operates under Nishi-Nippon Financial Holdings and provides community-focused financial services through its head office and domestic branches and offices.

The company's primary customers are individuals and corporations in the Kyushu region. Its revenue structure relies not only on traditional deposit and lending operations but also on fee income from retail sales of investment trusts and insurance products. The company maintains strong ties to the regional economy, with lending operations centered on loans to small and medium-sized enterprises and residential mortgages for individuals.

The company's business segments are divided into banking and other operations. The banking segment handles deposits, lending, foreign exchange transactions, and securities investment operations. The company also works with one affiliated company to expand financial-related services and has established a framework to meet diverse customer needs.

Nishi-Nippon City Bank is executing a management strategy for sustainable growth under its medium-term business plan "Hisshō 2023 ~ Creating Regional Vitality ~" for the period from 2020 to 2023. The company aims to expand consolidated net income from 20.2 billion yen in fiscal 2019 to 21.5 billion yen in fiscal 2022, while improving its non-interest income ratio from 20.2% to approximately 22%. Additionally, the bank plans to improve its consolidated business profit margin—a key efficiency metric—from 69.8% to the 60% range and raise its consolidated equity ratio from 9.36% to approximately 10%, thereby establishing a stable management foundation.

The company's priority investment areas focus on leveraging the group's comprehensive capabilities to lead regional development. Specifically, this includes strengthening startup support through new fund formation, actively engaging in regional development, and addressing regional challenges from the perspectives of regional revitalization and sustainable development goals. As a differentiation strategy, the bank emphasizes "customer-centric customized solutions," combining traditional face-to-face sales with enhanced digital channels to reach a broader customer base.

In new market development, the bank plans to maximize the advantages of its Kyushu and Fukuoka location. In the Fukuoka market, where large-scale redevelopment projects are underway, the strategy focuses on strengthening corporate solutions and expanding asset-building support for individual customers, thereby expanding the company's revenue base alongside regional economic growth.

Regarding technological innovation, the bank established a dedicated "Business Innovation Division" in 2018 to drive company-wide digital transformation. Through fundamental process review and digital technology adoption, the bank plans to minimize internal operations and redeploy freed human resources to higher-productivity consulting services. The company continues to provide top-tier digital banking services among regional banks by expanding smartphone application features—which rank among the highest download numbers nationwide—and strengthening diverse payment options.