Establishing a Low-Cost Operating Structure
First written in FY2016. 19 of 30 entries say "Advanced", first in FY2018. Latest entry: FY2026.
The whole theme swung hardest in 2020: 2 of 8 companies on the "Worse" side.
1 other company's latest entry also says "Raised".
- FY2026RaisedAnnual report
「Numerical targets under the medium-term management plan Fiscal 2028 (final year) plan Consolidated core OHR Approximately 50% Fiscal 2025 actual 62.25%」
The medium- to long-term target for core OHR was raised further from the previous target in the 60% range to approximately 50% in fiscal 2028. The plan identifies the use of AI, business process re-engineering, a review of personnel allocation and full digitalization as efficiency initiatives. - 2026-05-13AdvancedEarnings
「（コアＯＨＲ）(%) (68.91%) (62.41%) (△6.50%)」
単体コアOHRが前期比6.50ポイント低下し、コスト効率が改善した。 - FY2026-H1Continued increase in operating expenses during the first halfAnnual report
「Operating expenses 33,774 35,863」
Operating expenses increased from ¥33.774 billion in the interim period of the previous year to ¥35.863 billion in the current interim period. Salaries and allowances, depreciation and amortization, and outsourcing expenses also increased from the interim period of the previous year. - FY2025AchievedAnnual report
「Net income attributable to owners of the parent increased year on year, achieving ahead of schedule the fiscal 2025 plan, the final year of the Medium-Term Management Plan. ROE and core OHR, which are long-term management targets, also achieved both the fiscal 2025 plan and the long-term targets.」
Core OHR was 68.42%, achieving the fiscal 2025 plan of approximately 70% and the medium- to long-term target in the 60% range. Although operating expenses increased, the target level for the expense ratio was reached. - FY2025-H1Increase in operating expenses during the first halfAnnual report
「Operating expenses 33,521 33,774」
Operating expenses for the interim consolidated accounting period were ¥33.774 billion, up ¥253 million from ¥33.521 billion in the interim period of the previous year. While cost-efficiency initiatives continued, operating expenses increased for the interim period. - FY2024AdvancedAnnual report
「Net income attributable to owners of the parent increased year on year, and the equity ratio also improved year on year. ROE and core OHR, which are management indicators targeted over the long term, also improved year on year, and efforts toward achieving these targets will continue.」
Core OHR was 74.94% in fiscal 2023, an improvement of 2.41 points year on year. Operating expenses decreased year on year, while the impact of system migration-related costs ended, indicating progress toward the targets of approximately 70% in fiscal 2025 and in the 60% range over the medium to long term. - FY2024-Q3Increase in costs due to core banking system migration and provisions for loan lossesAnnual report
「Ordinary expenses increased by ¥5.2 billion from the third quarter of the previous fiscal year to ¥84.2 billion, due to increases in operating expenses associated with the migration of the core banking system, the provision for loan losses and other factors.」
In addition to higher operating expenses associated with the migration of the core banking system, the increase in the provision for loan losses also contributed to a ¥5.2 billion year-on-year increase in ordinary expenses. - FY2024-Q2Continued increase in costs associated with the integration of the TSUBASA core banking systemsAnnual report
「Ordinary expenses increased by ¥3 billion from the second quarter of the previous fiscal year to ¥43.8 billion, due to increases in non-personnel expenses associated with the integration of the TSUBASA core banking systems, the provision for specific loan losses and other factors.」
The increase in non-personnel expenses associated with the integration of the core banking systems continued to affect results, and ordinary expenses in the banking business increased by ¥3 billion year on year. Consolidated ordinary expenses also increased by ¥3.4 billion year on year. - FY2024-Q1Increase in operating expenses associated with the migration of the core banking systemAnnual report
「Meanwhile, ordinary expenses increased by ¥1.2 billion from the first quarter of the previous fiscal year to ¥27.9 billion, mainly due to an increase in operating expenses associated with the migration of the core banking system.」
Operating expenses increased by ¥1.2 billion year on year due to the migration of the core banking system, bringing total ordinary expenses to ¥27.9 billion. While cost-cutting initiatives continued, the increase in system migration costs was reflected in quarterly results. - FY2023RaisedAnnual report
「Core OHR (consolidated) Approximately 70% Approximately -7.3 points Medium- to long-term target 60% range」
The new medium-term management plan sets a core OHR of approximately 70% for fiscal 2025 and a medium- to long-term target in the 60% range, raising the target level for efficiency from the previous long-term target of 70% or less. - FY2023-Q2RestatedAnnual report
「Meanwhile, ordinary expenses increased by ¥1 billion from the second quarter of the previous fiscal year to ¥40.8 billion, mainly due to an increase in the general provision for loan losses, despite continued reductions in operating expenses.」
While reductions in operating expenses continued, ordinary expenses increased by ¥1 billion year on year due to the higher general provision for loan losses and other factors. - FY2023-Q1AdvancedAnnual report
「Meanwhile, ordinary expenses increased by ¥1.2 billion from the first quarter of the previous fiscal year, mainly due to an increase in the provision for loan losses despite a decrease in operating expenses, to ¥26.6 billion.」
Operating expenses decreased from ¥16.352 billion in the same period of the previous year to ¥16.064 billion. Although total ordinary expenses increased due to the higher provision for loan losses, the reduction in operating expenses continued. - FY2022AdvancedAnnual report
「Ordinary expenses declined by ¥7.2 billion to ¥105.2 billion, due to operating expense reductions that exceeded the plan and lower expenses related to the allowance for loan losses.」
Operating expenses declined by ¥4.3 billion year on year, while the standalone core OHR improved by 6.8 percentage points year on year to 73.6%. The bank is advancing branch and ATM efficiency measures, reductions in property expenses including outsourcing costs, and shared systems. - FY2022-Q3AdvancedAnnual report
「Meanwhile, ordinary expenses declined by ¥6.5 billion from the third quarter of the previous fiscal year on a consolidated cumulative basis to ¥76.9 billion, mainly due to lower operating expenses and lower provision for loan losses.」
For the cumulative third quarter, ordinary expenses declined by ¥6.5 billion year on year, while operating expenses also declined from ¥51.534 billion to ¥48.245 billion. The results of cost-efficiency measures continued to be demonstrated. - FY2022-Q2AdvancedAnnual report
「Meanwhile, ordinary expenses declined by ¥2.7 billion from the second quarter of the previous fiscal year on a consolidated cumulative basis to ¥40.6 billion, reflecting continued reductions in funding costs and operating expenses, particularly property expenses.」
Continued reductions in operating expenses, particularly property expenses, reduced the banking business's ordinary expenses by ¥2.7 billion year on year. - FY2022-Q1AdvancedAnnual report
「Meanwhile, ordinary expenses declined by ¥2.9 billion from the first quarter of the previous fiscal year on a consolidated cumulative basis to ¥27.1 billion, mainly due to lower operating expenses and lower other operating expenses resulting from reduced losses on sales of government bonds and other securities.」
Ordinary expenses declined by ¥2.9 billion year on year due to lower operating expenses and other operating expenses. The results of cost reduction measures were reflected in quarterly performance. - FY2021-Q3AdvancedAnnual report
「Meanwhile, ordinary expenses declined by ¥1.6 billion from the third quarter of the previous fiscal year on a consolidated cumulative basis to ¥89.0 billion, mainly due to lower operating expenses and lower impairment losses on equities.」
Ordinary expenses declined by ¥1.6 billion year on year, mainly due to lower operating expenses and other factors, demonstrating progress in cost efficiency. - FY2021-Q2AdvancedAnnual report
「Meanwhile, ordinary expenses declined by ¥3.6 billion from the second quarter of the previous fiscal year on a consolidated cumulative basis to ¥43.3 billion, reflecting continued reductions in operating expenses, including broad cuts in property expenses and lower personnel expenses due to natural attrition, as well as a substantial decrease in the impairment losses on equities recorded in the previous year.」
Continued reductions in property expenses and personnel expenses through natural attrition reduced the banking business's ordinary expenses by ¥3.6 billion year on year. - FY2021-Q1AdvancedAnnual report
「Meanwhile, ordinary expenses increased by ¥100 million from the first quarter of the previous fiscal year on a consolidated cumulative basis to ¥30.1 billion, mainly due to higher other operating expenses resulting from increased losses on sales of government bonds and other securities, despite lower operating expenses.」
While total ordinary expenses increased due to losses on sales of bonds, operating expenses declined by ¥842 million from ¥18.473 billion in the same period of the previous year to ¥17.631 billion. Cost reductions continued to deliver results. - FY2020AdvancedAnnual report
「Recognizing that responding to environmental changes, including population decline, increasingly diverse lifestyles and work styles, and the advance of digitalization and labor-saving measures, and consolidating and streamlining human resources, assets and operations to reduce costs and improve productivity are essential issues, we will work to operate branches and ATMs efficiently while maintaining customer convenience as far as possible, promote paperless operations using digital technology, and share common operations and systems through collaboration with other banks.」
Measures to reduce costs expanded to more efficient branch and ATM operations, paperless operations, and the sharing of common operations and systems. Under the new medium-term plan, the bank also set targets for a core OHR of approximately 83% in fiscal 2022 and 70% or less over the long term. - FY2020-Q3AdvancedAnnual report
「Meanwhile, ordinary expenses increased by ¥600 million from the third quarter of the previous fiscal year on a consolidated cumulative basis to ¥90.6 billion, mainly due to impairment losses on certain equity holdings, despite lower other operating expenses resulting from reduced operating expenses and lower losses on sales of government bonds and other securities.」
Operating expenses declined from ¥54.066 billion in the same period of the previous year to ¥53.488 billion. Meanwhile, total ordinary expenses increased by ¥600 million year on year due to impairment losses on certain equity holdings, presenting both progress in cost reductions and an increase in expenses from impairment losses. - FY2020-Q2AdvancedAnnual report
「Meanwhile, ordinary expenses increased by ¥1.1 billion from the second quarter of the previous fiscal year on a consolidated cumulative basis to ¥47.0 billion, mainly due to impairment losses on certain equity holdings, despite continued reductions in operating expenses through natural attrition and broad cuts in property expenses.」
Operating expenses declined from ¥36.048 billion in the same period of the previous year to ¥35.665 billion due to natural attrition and reductions in property expenses. Meanwhile, total ordinary expenses increased by ¥1.1 billion year on year due to impairment losses on certain equity holdings. - FY2020-Q1AdvancedAnnual report
「Meanwhile, ordinary expenses declined by ¥900 million from the first quarter of the previous fiscal year on a consolidated cumulative basis to ¥29.9 billion, mainly because lower operating expenses and lower other operating expenses resulting from reduced losses on sales of bonds and other securities more than offset the increase in allowance for loan losses.」
Ordinary expenses declined by ¥900 million year on year due to lower operating expenses and other factors. - FY2019AdvancedAnnual report
「Amid a shrinking market resulting from population decline and a challenging financial environment, improving productivity through cost reductions and other measures is an urgent issue. To address this issue, we are reviewing operations and expenses more extensively than before, while also working toward shared systems and improving the efficiency of branch operations.」
Measures to reduce costs and improve productivity expanded to additional reviews of operations and expenses, shared systems and more efficient branch operations. Operating expenses declined by ¥3.6 billion year on year. - FY2019-Q3AdvancedAnnual report
「Meanwhile, ordinary expenses declined by ¥3.2 billion from the third quarter of the previous fiscal year on a consolidated cumulative basis to ¥90.0 billion, due to lower operating expenses and other factors.」
Ordinary expenses declined by ¥3.2 billion year on year due to lower operating expenses and other factors. The effects of improved operational efficiency and lower costs were reflected in cumulative quarterly results. - FY2019-Q2AdvancedAnnual report
「Meanwhile, ordinary expenses declined by ¥2.6 billion from the second quarter of the previous fiscal year on a consolidated cumulative basis to ¥45.8 billion, mainly due to lower operating expenses resulting from broad reductions in property expenses.」
The company demonstrated a ¥2.6 billion year-on-year reduction in operating expenses through broad reductions in property expenses. - FY2019-Q1AdvancedAnnual report
「Meanwhile, ordinary expenses declined by ¥500 million from the first quarter of the previous fiscal year on a consolidated cumulative basis to ¥30.9 billion, mainly because of lower operating expenses resulting from reductions in property expenses and other factors.」
Operating expenses declined by ¥500 million year on year, supported by improved operational efficiency, including reductions in property expenses. - FY2018AdvancedAnnual report
「Meanwhile, ordinary expenses increased in fees paid to guarantee companies, reflecting the increase in housing loans and other factors, but declined by ¥4 billion year on year to ¥98.8 billion due to reductions in personnel expenses and property expenses resulting from improved operational efficiency.」
The transformation into a highly productive organization was demonstrated by reductions in personnel and property expenses through improved operational efficiency. - FY2017ReframedAnnual report
「Transforming into a highly productive, resilient organization that generates stable earnings」
We revised the wording from the former "establishing a low-cost operating structure" to a transformation of the organization focused on productivity and earnings stability. - FY2016First statedAnnual report
「⑤ Establishing a low-cost operating structure: improving operational efficiency and streamlining head-office organization」
We have explicitly identified improvements in operational efficiency and streamlining of the head-office organization as measures to strengthen the earnings base and management foundation.