New Management Plan "New Age's, Flag Bearer 5"

「To achieve further growth, our group formulated a new five-year medium-term management plan covering fiscal 2022 through fiscal 2026, “Beyond Our Limits ～異次元への挑戦” (*), and launched it in the first quarter of the current fiscal year.」

「There were no material changes to the management policies, management strategies or other matters established by our group during the first six months of the current consolidated fiscal year. The medium-term management plan sets the following quantitative targets: ROE of 10%, ordinary profit of ¥30 billion, and group assets under custody of ¥10 trillion.」

「Our group entered the final year of its medium-term management plan, “New Age's, Flag Bearer 5 ～新時代の旗手～.” As a priority group strategy for further expanding our business platform, we are strengthening the earnings power of 東海東京証券株式会社 (東海東京証券), our core securities company. We are also accelerating the development of four future strategies: “Orque d'Or Society and Orque d'Or Ecosystem,” “Regional Bank Support Program,” “東海東京 Digital World” and “Great Platform,” with the aim of evolving into an advanced “comprehensive financial group” capable of meeting the increasingly diverse and sophisticated needs of individual and corporate customers. There were no material changes to the management policies, management strategies or other matters established by our group during the first quarter of the current consolidated cumulative period. The medium-term management plan sets the following quantitative targets: ROE of 10%, ordinary profit of ¥30 billion, and group assets under custody of ¥10 trillion.」

「Beginning in April this year, our group entered the final year of its medium-term management plan, “New Age's, Flag Bearer 5 ～新時代の旗手～.” We have designated the strengthening and stabilization of the earnings power of our core securities company, 東海東京証券, and four group future strategies—(1) Orque d'Or Society and Orque d'Or Ecosystem, (2) Regional Bank Support Program, (3) 東海東京 Digital World, and (4) Great Platform—as priority measures. We are accelerating their implementation and, as one group, pursuing achievement of the KGI set out in the Management Plan.」

「There were no material changes to the management policies, management strategies or other matters established by our group during the first nine months of the current consolidated fiscal year. The medium-term management plan sets the following quantitative targets for the final year, the next fiscal year: ROE of 10%, ordinary profit of ¥30 billion, and group assets under custody of ¥10 trillion.」

「There were no material changes to the management policies, management strategies or other matters established by our group during the first six months of the current consolidated fiscal year. The medium-term management plan sets the following quantitative targets for the final year, the next fiscal year: ROE of 10%, ordinary profit of ¥30 billion, and group assets under custody of ¥10 trillion.」

「Amid the aforementioned market environment, our group entered the fourth year of its medium-term management plan, “New Age's, Flag Bearer 5 ～新時代の旗手～” (the “Management Plan”). Under the Management Plan, we are working to achieve “further strengthening and growth of our management foundation” by building a great platform and pursuing a productivity revolution, while advancing the “pursuit of strategic themes” to move to the next stage. By building a new business model designed for the future and distinct from conventional securities companies, we will continue to pursue our goal of becoming a leader of a new era, forming the financial industry’s “third major group” capable of competing with megabank-affiliated securities companies and major securities firms. There were no material changes to the management policies, management strategies or other matters established by our group during the first quarter of the current consolidated cumulative period. The medium-term management plan sets the following quantitative targets: ROE of 10%, ordinary profit of ¥30 billion, and group assets under custody of ¥10 trillion.」

「Although the management plan progressed as described above during the current consolidated fiscal year, the year ended with difficult results: ROE was 1.7%, ordinary profit was ¥700 million, and group assets under custody were ¥5.7 trillion.」

「There were no material changes to the management policies, management strategies or other matters established by our group during the first nine months of the current consolidated fiscal year. The medium-term management plan sets the following quantitative targets: ROE of 10%, ordinary profit of ¥30 billion, and assets under custody at subsidiaries and affiliates of ¥10 trillion.」

「Amid the aforementioned market environment, our group entered the third year of its medium-term management plan, “New Age's, Flag Bearer 5 ～新時代の旗手～.” This fiscal year is the midpoint of the third year of the group’s medium-term management plan. By building a new business model designed for the future and distinct from conventional securities companies, we will continue to pursue our goal of becoming the leader of the securities industry’s third major group, capable of competing with megabank-affiliated securities companies and major securities firms. There were no material changes to the management policies, management strategies or other matters established by our group during the first quarter of the current consolidated cumulative period. The medium-term management plan sets the following quantitative targets: ROE of 10%, ordinary profit of ¥30 billion, and assets under custody at subsidiaries and affiliates of ¥10 trillion.」

「The management plan sets the following quantitative targets: ROE of 10%, ordinary profit of ¥30 billion, and assets under custody at subsidiaries and affiliates of ¥10 trillion. For the fiscal year, results were ROE of 0.6%, ordinary profit of ¥900 million, and assets under custody at subsidiaries and affiliates of ¥6.6 trillion. This was a difficult fiscal year due to the impact on financial markets of uncertainty including US-China trade friction and Brexit, as well as upfront investments such as the relocation of the head office and investments in FinTech companies, and delays in turning acquired subsidiaries profitable.」

「There were no material changes during the six months ended [the second quarter of] the current consolidated fiscal year to the management policies, management strategies or other matters established by the Group. The medium-term management plan sets numerical targets of a 10% return on equity (ROE), ordinary profit of ¥30 billion, and ¥10 trillion in assets under custody at subsidiaries and affiliates.」

「Against these market conditions, the Group began the second year of its medium-term management plan.」

「This management plan is built around 2 major strategies: (1) “Further Strengthening and Growth of the Management Base,” which aims to further develop the Company's unique business model cultivated to date, and (2) “Pursuit of Strategic Themes,” which seeks to secure the foundation and functions needed for the Group to grow to its next stage.」

「Against this backdrop, the Group launched its management plan “New Age's, Flag Bearer 5 (New Age's Flag Bearer Five) – Flag Bearers of a New Era” in April. Under this management plan, the Group aims to maintain and expand the basic direction of the previous management plan and, within 5 years, evolve into a comprehensive financial group with its own business model that is chosen by customers, becoming a flag bearer of a new era in the financial industry.」

「Under this management plan, the Group aims to maintain and expand the basic direction of the previous management plan and, within 5 years, evolve into a comprehensive financial group with its own business model that is chosen by customers, becoming a flag bearer of a new era in the financial industry.」

「Following the completion in March 2017 of the Group's five-year management plan “Ambitious 5,” which it had pursued since April 2012, the Group launched its new five-year management plan “New Age's, Flag Bearer 5 (New Age's Flag Bearer Five) – Flag Bearers of a New Era.” Under the new management plan, the Group aims to maintain and expand the basic direction of strategies that produced results under the previous plan, evolve over the next 5 years into a comprehensive financial group with its own business model, become a financial group chosen by customers and serve as a flag bearer of a new era in the financial industry.」