President Watanabe Toshinobu (渡邊壽信) said that he would “not exclude business integration with another bank from the options under consideration” and indicated conditions for a potential partner. He also discussed capital policy, a focus of regional-bank consolidation, and the shape of the next medium-term management plan.
The company reviewed the circumstances behind carrying out the lump-sum redemption of preferred shares ahead of schedule, alongside progress under its long-term medium-term management plan. The redemption of preferred shares held by the Tokyo Metropolitan Government caused capital to fall below the level initially planned, and the company indicated a policy of resuming capital accumulation under the new medium-term management plan beginning in FY27.
At the earnings briefing, management explained that the preferred-share redemption had been carried out “at the last possible moment” and described how the final decision was made after taking the FY26 earnings outlook into account.
The target for the capital ratio under the next medium-term plan has not yet been determined, but management indicated that the growth strategy available to the company would change depending on its capital ratio. The company plans to clarify its growth strategy around spring FY27.
President Watanabe Toshinobu (渡邊壽信) indicated that he would “not exclude business integration with another bank from the options under consideration” and was expected to provide more details on the conditions for a potential partner. The focus of this republished article is his candid position and the conditions in the context of regional-bank consolidation.