THE TOWA BANK,LTD. (8558) Stock Price

The Towa Bank Group consists of Towa Bank and two consolidated subsidiaries, providing comprehensive financial services centered on banking, along with leasing and other financial services. The group aims to deliver integrated financial services to the communities it serves.

Towa Bank operates through its head office, branches, and representative offices, offering deposit services, lending services, domestic remittance services, and foreign exchange services. Through these operations, the bank provides a wide range of financial services to regional customers.

Additionally, Towa Bank Lease Co., Ltd., a consolidated subsidiary of Towa Bank, handles leasing operations, while Towa Card Co., Ltd. manages credit card operations. These subsidiaries enable the group to provide financial services beyond traditional banking and meet the diverse needs of its customers.

Towa Bank has launched its medium-term management plan "TOWA Future Plan I," beginning in April 2024, with the aim of contributing to the sustainable development of regional communities, customers, and stakeholders. Under this plan, the company will pursue further enhancement of corporate value, grounded in its purpose of "standing alongside our regional customers and creating a prosperous future together."

In the bank's primary business areas, gradual economic recovery is evident, supported by returning visitor traffic to tourist destinations and steady personal consumption. However, as the region is heavily dependent on the automotive industry, it faces significant exposure to U.S. tariff policy impacts, creating heightened uncertainty about future conditions. The financial environment is also undergoing substantial change, with the ongoing phase-out of negative interest rate policy and increases in policy rates.

Towa Bank has prioritized providing optimal support to address the changing environment surrounding its customers, including rising interest rates, surging raw material costs, and U.S. tariff policies. The bank aims to create conditions that allow customers to focus on their operations without concerns about cash flow management, and will continue to strengthen its support efforts.