Performance Highlights (YMFG)
Performance during the fiscal year ended March 31, 2019
Business Profits from Core Operations/
Ordinary Profits/Net Income (Three Banks)

Capital Adequacy Ratio (YMFG)
YMFG’s consolidated capital adequacy ratio (uniform

Business profits from core operations decreased ¥7.0 billion

international standard) under Basel III was 13.62%. The total

year on year, to ¥33.4 billion due to decrease in interest

Tier 1 capital adequacy ratio was 13.58%, and consolidated

income and income from fees and commissions comparedcommon equity Tier I capital adequacy ratio were 13.55%.

with the previous fiscal year.
Ordinary profits decreased ¥11.4 billion, to ¥38.2 billion,
and net income attributable to owners of the parent

Capital Adequacy Ratio
Tier I Ratio

amounted to ¥29.0 billion.
14

Business Profits from Core Operations
Ordinary Profits
Net income Attributable to Owners of the Parent

50

46.0

49.6
40.4

40

36.6

31.8
30

13

(Billions of yen)

60

27.3

(%)

15

13.91
13.29
13.64
13.29

13.62
13.58

12
11

38.2
33.4
29.00

2017

2018

2019
(Basel III)20

Deposit Balance (Three Banks)

10020172018

The total deposit balance at term-end was ¥8,896.6 billion, or2019¥9,254.8 billion including Negotiable Certificates of Deposit(NCDs). This came about because of the expansion of products

Non-Performing Assets Based on the Financial
Revitalization Law (Three Banks)
Doubtful Assets
Bankrupt and Quasi-Bankrupt Assets
Sub-Standard Loans
Non-Performing Loan Ratio

community relationships.
Deposit Balance (Three Banks)(Billions of yen)(%)

12,000250

2.5

10,000

200
150
100

YMFG
1.26

1.33
91.3

500

1.24
90.2

2,000

47.4

45.9

48.4

10.5

13.0
2018

13.4
2019

YMFG Annual Report 20199,262.7

9,385.1

9,254.8

2017

2018

2019

6,000
4,00094.6(Billions of yen)

8,000

94.7

32.8

2017

2.0

1.25 YMFG 1.5

31.1

33.4

7and services and steady marketing efforts based on solid

1.0
0
0.5
0.0

Note: The deposit balance includes the NCD balance.

Balance of Loans/Balance of Personal Loans (Three Banks)
The balance of loans at term-end was ¥7,455.6 billion, as a result of active efforts to live up to the trust placed in us by ourcustomers by meeting healthy demand for funds.
Balance of Loans
Balance of Loans in Japan
Balance of Loans to Small and Medium-Sized Businesses(Billions of yen)

10,0007,500

6,770.8
6,740.3
3,966.8
58.9%

5,000

7,455.6

7,178.4
7,149.8

7,425.9

4,201.7
58.8%

4,339.8
58.4%(Billions of yen)
1,500

1,407.4
18.9%

1,366.8
19.1%

1,307.1
19.3%

1,200
900
600

2,500
0

Balance of Personal Loans

300
2017

2018

2019

02017

2018

2019

Note: The percentages of loans to small and medium-sized businesses and personal loans are calculated on the basis of the balance of loans in Japan.

Ratings for YMFG, Yamaguchi Bank andMomiji Bank

Dividend Policy (YMFG)

Ratings for the Group companies were A (stable) for YMFG,
A+ (stable) for Yamaguchi Bank and Momiji Bank.

shareholders while securing profits and reinforcing financial

We have continued to provide stable dividends to ourhealth to maintain our credit strength.
In the year ended March 31, 2019, the dividend per share atterm-end was ¥11. Combined with the interim dividend of ¥11

AAA

Rating and Investment Information, Inc.

AA(As of November 9, 2018)

ABBBBBBCCCCCCper share, the full-year dividend amounted to ¥22 per share.
2017

2018

2019

(Yen)
2020(Forecast)

Annual dividend per share
18.0(Interim dividend) (10.0)

20.0(10.0)

22.0(11.0)

24.0(12.0)YMFGA (stable)
Yamaguchi Bank

A+ (stable)
Momiji Bank

A+ (stable)

Expected Performance for the Fiscal YearEnding March 31, 2020 (YMFG)YMFG aims to achieve its consolidated ordinary profits of¥40.0 billion and net income attributable to owners of theparent of ¥26.5 billion.

YMFG Annual Report 20198