Overview of the Nanto Bank Group(As of March 31, 2023)

Company profile
Name:

The Nanto Bank, Ltd.

Founded:June 1, 1934

Head Office:16, Hashimoto-cho, Nara City, Nara, Japan

Capital:37,924.15 million yen

Total assets:

6,521.4 billion yen

Deposit balance:

5,727.6 billion yen

Loan balance:

3,966.6 billion yen

Loans to small andmedium-sizedenterprises:

1,473.8 billion yen

Domestic offices:

103 (64 in Nara Prefecture, including Internet branches, and 39 in other locations)

Employees:

2,275

Capital adequacy ratio: 9.25% (consolidated);8.95% (non-consolidated)
https://www.nantobank.co.jp

URL:

Overview of Nanto Bank’s consolidated subsidiary operations
Company name

CapitalPercentage of subsidiaries’
voting rights heldby the Bank (%)

Location

Principal business

Nanto Management Service Co., Ltd.

Nara City,
Nara Prefecture

Subsidiary managementbusiness

40100

Nanto Business Service Co., Ltd

Nara City,
Nara Prefecture

Bank’s administrative
agency business

10100

Nanto Credit Guarantee Co., Ltd.

Nara City,
Nara Prefecture

Credit guarantee
business

10100(100)Nanto Lease Co., Ltd.

Nara City,
Nara Prefecture

Leasing business

500100(100)Nanto Computer Service Co., Ltd.

Nara City,
Nara Prefecture

Software development
business

10100(100)Nanto DC Card Co., Ltd.

Ikoma City,
Nara Prefecture

Credit card business

50100(100)Nanto Card Service Co., Ltd.

Ikoma City,
Nara Prefecture

Credit card business

50100(100)Nanto Consulting Co., Ltd.

Nara City,
Nara Prefecture

Consulting business

45100(100)Nanto Challenged Co., Ltd.

Nara City,
Nara Prefecture

Bank’s administrative
agency business20100(100)Nanto Mahoroba Securities Co., Ltd.

Nara City,
Nara Prefecture

Financial instrument
trading business

3,000100(100)Nanto Capital Partners Co., Ltd.

Nara City,
Nara Prefecture

Investment business

100100(million yen)

Notes: 1. Figures in parentheses in the “Percentage of subsidiaries’ voting rights held by the Bank” column indicate the percentage of indirect voting rights.
2. Nanto Management Service Co., Ltd. is an intermediate holding company.

(Reference) Affiliated companies accounted for by the equity method
Company name

Percentage of subsidiaries’
voting rights heldby the Bank (%)

CapitalLocation

Principal business

Nara Mirai Design Co., Ltd.

Nara City,
Nara Prefecture

Regional
revitalization business80—(39.9)

Nara Kominka Machizukuri Partners Co., Ltd.

Nara City,
Nara Prefecture

Investment business

3—(—)

Frontier Nanto Investment LLC

Nara City,
Nara Prefecture

Investment business

5—(50.0)(million yen)

Notes: 1. Figures in parentheses in the “Percentage of voting rights held by Nanto Bank” column indicate the percentage of indirect voting rights.
2. Nara Kominka Machizukuri Partners Co., Ltd. (“NKMP”) is owned by Nara Mirai Design Co., Ltd., an equity-method affiliate of Nanto Bank. Although the Bank holds lessthan 20% of NKMP’s voting rights, the Bank has substantial influence over NKMP’s operations and therefore includes 23.9% of NKMP’s net income/loss in its consolidated financial statements.
3. Frontier Nanto Investment LLC was newly established on May 16, 2022 as an equity method affiliate of the Bank.
4. In addition to the above, the Group includes four investment partnerships that are non-consolidated subsidiaries and five investment partnerships that are affiliates notaccounted for by the equity method.

60 Nanto Report 2023, the integrated report of Nanto Bank

About Nanto Bank

Our Shared Vision

Developing Human
Value Creation by theGovernance Supporting Our Consolidated Financial
Statements
Resources for Value Creation Group’s Human Resources Proactive Human Resources

Organizational
overview and external
environment

Current status of stock issuanceTotal shares issued:

Performance

Stock distribution by owner category

33,025 thousand

Government and local public bodies

Financial institutions*1

0.03%
10 thousand shares

Number of shareholders: 16,888

32.44%
10,715 thousand shares

Individuals/others*2

33.31%
11,000 thousand shares

Financial productbrokerages

1.75%
577 thousand shares

Foreigners

Other domestic corporations

13.79%
4,553 thousand shares

18.68%
6,168 thousand shares*1 Total of banks, trust banks, life insurance companies, non-life insurance companies, etc.
*2 Includes 1,200 thousand treasury shares*3 The number of shares owned is rounded down to the nearest thousand.

Major shareholders (top 10)

Name

Total shareholder returns (TSR)
Ratio of number
Number of of shares owned
shares held to total number(unit: 1,000)*4 of shares issued(%)*5Mar.
2021

Mar.
2022

Mar.
2023

Nanto Bank (%)

77.1

81.1

97.1

TOPIX
(including dividend) (%)

122.1

124.5

131.8

The Master Trust Bank of Japan, Ltd.
(trust account)

3,716

11.67

Custody Bank of Japan, Ltd. (trust account)

1,477

4.64

Dividends per share / Dividend payout ratio

Nippon Life Insurance Company (Standing proxy:The Master Trust Bank of Japan, Ltd.)
Meiji Yasuda Life Insurance Company (Standing
proxy: Custody Bank of Japan, Ltd.)
Nanto Bank Employee Stock Ownership
AssociationSumitomo Life Insurance Company (Standingproxy: Custody Bank of Japan, Ltd.)

1,053

3.30

Mar.
2021

Mar.
2022

Mar.
2023

1,043

3.27

Dividends per share (yen)80.00

110.00113.00959

3.01

Consolidated dividend
payout ratio (%)

24.0

30.1

76.4

662

2.08

DMG Mori Seiki Co., Ltd.

476

1.49

Kyoto Chuo Shinkin Bank466

1.46

Daiwa Gas Co., Ltd.

462

1.45

DFA INTL SMALL CAP VALUE PORTFOLIO

459

1.44

(Note) *4 The number of shares owned is rounded down to the nearest thousand.
*5 The percentage of shares held is calculated excluding treasury stock (1,200 thousand shares)
and rounded down to the third decimal place. Treasury stock does not include the Bank’s stocks
held by the BIP Trust for directors’ remuneration (73 thousand shares).

Stock price trends
(JPY)
4,000

2,000

0

2020/32021/32022/32023/3

Nanto Report 2023, the integrated report of Nanto Bank61