The Chiba Kogyo Bank, Ltd. (8337) Stock Price

Chiba Kogyo Bank provides banking services as its core business, along with leasing operations and other financial services. Through its head office and branch network, the company conducts deposit services, lending services, domestic foreign exchange services, and international foreign exchange services, operating with a strong focus on community engagement. This enables the bank to offer comprehensive banking services.

Leasing operations are handled by Chiba Sogo Lease Co., Ltd., a consolidated subsidiary. This subsidiary provides leasing services to corporations and individuals, supporting customers' asset management and capital investment needs.

Other business operations conducted by consolidated subsidiaries of Chiba Kogyo Bank include the development, sales, and maintenance of computer systems, as well as regional trading, agricultural, and consulting services. The group also manages and operates investment partnerships and investment limited liability partnerships, working to expand the scope of group operations.

Chiba Kogyo Card Service Co., Ltd. was excluded from the scope of consolidation after Chiba Kogyo Bank transferred all of its shares to a company outside the group on July 1, 2024. Additionally, Chiba Kogyo Capital Partners No. 1 Investment Limited Liability Partnership was established as a non-consolidated subsidiary to which the equity method is not applied.

Chiba Kogyo Bank is a community-focused financial institution that pursues the happiness of local communities and customers as its management philosophy. Based on this principle, the bank has established a long-term management vision: "We will continue to design your happiness together as a caring partner." To realize this vision, the bank aims to strengthen consulting activities that address diverse customer needs and build trust within the local community.

Based in Chiba Prefecture, the bank faces challenges including population decline and an aging society with fewer children. However, it sees business expansion opportunities through improved transportation infrastructure. To respond to changing economic conditions, the bank has newly established its purpose: "Closest to you, furthest ahead. Let's create a thousand happinesses." Based on this, the bank is implementing a medium-term management plan titled "Happiness Design Bonds Project 2028 ～ Path to Evolution ～" starting April 2025.

This medium-term management plan aims to enhance corporate value through improved employee engagement and the utilization of next-generation growth engines. Specifically, the bank has set five strategic focus areas: "Promoting employee development," "Sales process transformation through DX implementation," "Pursuing consulting-driven action," "Activating the CKB community," and "Sustainability." All employees are working together to achieve these objectives.

By March 2028, the bank has set specific targets including consolidated net profit of 11 billion yen or more, consolidated ordinary equity ROE of 7% or more, and consolidated equity ratio of 8.5% or more. By achieving these targets, the bank aims to ensure sustainable growth and enhanced corporate value, meeting stakeholder expectations.