THE TOHOKU BANK,LTD. (8349) Stock Price

Tohoku Bank provides banking services as its core business, along with leasing operations and other financial services. Specifically, through its head office and 54 branches, plus 2 sub-offices, the bank offers deposit services, lending services, securities trading, securities investment, domestic and foreign exchange services, and bond trustee services. The bank also provides ancillary services including agency services, debt guarantees, and over-the-counter sales of government bonds and securities investment trusts.

For leasing operations, Tohoku Godo Lease Co., Ltd. handles equipment rentals and sales transactions. This provides companies and individuals with flexible asset management options.

As additional services, Tohoku JCB Card Co., Ltd. operates credit card services. Through cash advance and shopping services, the company meets diverse customer needs. Through these business operations, Tohoku Bank contributes to the local community.

Tohoku Bank's mission is to provide stable financial support to the communities it serves. As a regional financial institution, the bank is committed to contributing to regional economic development. The bank primarily focuses its business activities on small and medium-sized enterprises and plays a key role in supporting the regional economy.

To adapt to changing business conditions, the bank is working toward the realization of "Tougin Vision." This includes deepening ties with communities and meeting customer expectations. Additionally, the bank's own growth and strengthening of its sound management foundation are important objectives.

Tohoku Bank has formulated its second medium-term management plan under the theme of "empathy, resonance, and co-creation." The plan pursues four priority strategic projects: supporting regional revitalization, supporting decarbonization and primary industries, expanding profitability, and strengthening organizational capacity.

For the fiscal year ending March 2028, the bank has set management targets of net income of 2 billion yen, a capital adequacy ratio of 8.5% or higher, total deposits of 1 trillion yen, and total loans outstanding of 750 billion yen. By achieving these targets, the bank aims to contribute to regional economic revitalization and enhance regional strength.

Tohoku Bank is implementing its three-year medium-term management plan in phases to achieve its long-term management objectives. Through this approach, the bank aims to realize sustainable growth and secure trust and support within the communities it serves.