Regional financial business based in Kyushu

「The Group is a broad-based regional financial group with The Bank of Fukuoka, Ltd., The Kumamoto Bank, Ltd., Juhachi-Shinwa Bank, Ltd., Fukuoka Chuo Bank, Ltd., Minna Bank, Ltd., and other companies under its umbrella, offering sophisticated and diverse financial products and services, centered on Kyushu, its operating base, by leveraging its dense business network.」

「Fukuoka Financial Group, Inc. (hereinafter, “FFG”), a broad-based regional financial group with The Bank of Fukuoka, Ltd., The Kumamoto Bank, Ltd., Juhachi-Shinwa Bank, Ltd., Fukuoka Chuo Bank, Ltd., and Minna Bank, Ltd. under its umbrella, offers sophisticated and diverse financial products and services, centered on Kyushu, its operating base, by leveraging its dense business network.」

「As a result of a share exchange effective 1 October 2023, under which the Company became the wholly owning parent company and Fukuoka Chuo Bank, Ltd. became the wholly owned subsidiary, the number of consolidated subsidiaries increased by 1.」

「In Kyushu, the operating base of FFG, private consumption continued to recover, supported by government demand-stimulation measures such as the “National Travel Assistance” program and the recovery in inbound tourism, while corporate capital investment remained firm.」

「During the six months ended the second quarter, the Japanese economy continued to recover from the severe conditions caused by the COVID-19 pandemic, but the pace of recovery slowed. Private consumption was weak, particularly spending on services such as dining out and travel, following the issuance of the fourth state of emergency declaration during the pandemic. In the manufacturing sector, production and exports stalled in some industries, including automobiles, due to supply-chain disruptions caused by the global semiconductor shortage and the spread of COVID-19 in Southeast Asia.」

「In the Kyushu region, exports and production of automobiles to the United States and semiconductors to East and Southeast Asia showed signs of recovery. Private consumption also showed signs of recovery, but conditions continued to be affected by the COVID-19 pandemic.」

「In the Kyushu region, the operating base of the Group, private consumption showed signs of a moderate recovery despite the effects of the July 2020 heavy rains and the COVID-19 pandemic, while production and exports, particularly automobile-related exports, also showed signs of recovery as the Chinese economy recovered.」

「Fukuoka Financial Group, Inc., a broad-based regional financial group with The Bank of Fukuoka, Ltd., The Kumamoto Bank, Ltd., The Shinwa Bank, Ltd., and The Juhachi Bank, Ltd. under its umbrella, offers sophisticated and diverse financial products and services, centered on Kyushu, its operating base, by leveraging its dense business network.」

「In the Kyushu region, the operating base of the Group, private consumption, tourism, and exports showed some weakness, but the economy as a whole continued to recover moderately, with production and capital investment remaining at high levels.」

「The Bank of Fukuoka, Ltd. (hereinafter, “Fukuoka Bank”), The Kumamoto Bank, Ltd. (hereinafter, “Kumamoto Bank”), The Juhachi Bank, Ltd. (hereinafter, “Juhachi Bank”), and The Shinwa Bank, Ltd. (hereinafter, “Shinwa Bank”) operate through their head offices and branches, conducting deposit-taking, lending, domestic exchange, foreign exchange, and other banking businesses.」

「In the Kyushu region, the operating base of the Group, the economy as a whole continued to expand moderately, as production and exports, particularly of automobiles and semiconductors, remained at high levels against a backdrop of strong overseas demand, while capital investment and private consumption increased.」

「In the Kyushu region, the operating base of the Group, the economy as a whole continued to expand moderately, as production and exports, particularly of automobiles and semiconductors, remained at high levels against a backdrop of strong overseas demand, while capital investment and private consumption increased.」

「In the Kyushu region, the operating base of the Group, private consumption, particularly tourism-related consumption, showed some weakness in the first half of the fiscal year due to the Northern Kyushu heavy rains and other factors. However, the economy as a whole continued to expand moderately, supported by production driven by strong overseas demand and increased exports, particularly of automobiles and semiconductors.」

「In the Kyushu region, the operating base of the Group, production driven by strong overseas demand and exports, particularly of automobiles and semiconductors, remained at high levels, while capital investment also increased. Private consumption recovered overall amid firm demand, and the Kyushu economy expanded moderately in general.」

「In the Kyushu region, the operating base of the Group, production and exports, particularly of automobiles and semiconductors, remained at high levels against a backdrop of strong overseas demand, while capital investment also increased moderately. Although the Northern Kyushu heavy rains had some impact on private consumption, the economy recovered overall and expanded moderately in general.」

「In Kyushu, the operating base of our Group, production and exports remained at high levels against a backdrop of strong overseas demand, capital investment increased moderately, and personal consumption continued to recover, resulting in moderate expansion.」

「Fukuoka Financial Group, a regional financial group with a broad operating footprint and Fukuoka Bank, Kumamoto Bank and Juhachi-Shinwa Bank under its umbrella, offers a wide range of sophisticated financial products and services, primarily in Kyushu, its operating base, by leveraging its dense sales network.」

「In Kyushu, the operating base of our Group, some effects of the Kumamoto Earthquake remain, but personal consumption is recovering as tourism recovers with the support of various measures and replacement demand for durable goods continues in affected areas. Production is also continuing to recover as efforts to make up for lost output continue in affected areas, and the economy is gradually recovering.」

「In Kyushu, the operating base of our Group, some effects of the Kumamoto Earthquake remain, but tourism is recovering due to the effects of various support measures, while production continues to recover as affected companies resume operations, and the economy is gradually recovering.」

「In Kyushu, the operating base of our Group, tourism spending stagnated following the Kumamoto Earthquake, but the recovery in demand and normalization of supply conditions have since progressed, and the economy is gradually recovering.」