Performance Highlights (YMFG)
Performance during the fiscal year ended March 31, 2020
Business Profits from Core Operations/
Ordinary Profits/Net Income Attributable toOwners of the Parent
Business profits from core operations increased ¥0.6 billion
year on year, to ¥29.2 billion.
Ordinary profits increased ¥3.2 billion, to ¥36.6 billion, andnet income attributable to owners of the parent amounted to¥25.4 billion.

international standard) under Basel III was 12.62%. The total
Tier 1 capital adequacy ratio was 12.44%, and consolidated
common equity Tier I capital adequacy ratio were 12.41%.
Capital Adequacy Ratio
Tier I Ratio

14(Billions of yen)

60

40

YMFG’s consolidated capital adequacy ratio (uniform(%)

15

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

50

Capital Adequacy Ratio (YMFG)

38.5

30

13.29

13.62
13.58

1247.832.91313.29

33.4
28.6

0

29.2

12.44

1136.6
25.4

23.1

12.62

2018

2019

2020
(Basel III)

20
100

Deposit Balance (Three Banks)
2018

2019

2020

The total deposit balance at term-end was ¥9,026.2 billion, orNon-Performing Assets Based on the Financial
Revitalization Law (Three Banks)
Doubtful Assets
Bankrupt and Quasi-Bankrupt Assets
Sub-Standard Loans
Non-Performing Loan Ratio¥9,550.9 billion including Negotiable Certificates of Deposit(NCDs). This came about because of the expansion of products
and services and steady marketing efforts based on solidcommunity relationships.
Deposit Balance (Three Banks)(Billions of yen)

(%)

250

2.5

200

YMFG 2.0
1.30

8,000
6,000

10,000

150
100
5007

1.24

1.25

1.28 YMFG 1.5

90.2

94.6

100.3

100.7

31.1

32.8

44.6

45.9

48.4

45.013.02018

YMFG Annual Report 2020

13.4
2019

10.7
2020

(Billions of yen)

12,0009,385.1

9,254.8

9,550.9

2018

2019

2020

4,000
1.0
0.5
0.0

2,000
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 ¥7,732.5 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

7,178.4
7,149.8
4,201.7
58.8%

5,000

7,732.5

7,455.6
7,425.9

7,707.5

4,339.8
58.4%

4,462.4
57.9%

Balance of Personal Loans(Billions of yen)
1,500
1,200

1,407.4
18.9%

1,366.8
19.1%

1,421.0
18.4%

900
600

2,500
0300
2018

2019

2020

02018

2019

2020

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, 2020, the dividend per share atterm-end was ¥12. Combined with the interim dividend of ¥12

AAA

Rating and Investment Information, Inc.

AA

(As of October 24, 2019)

ABBB
BB
B
CCC
CC
Cper share, the full-year dividend amounted to ¥24 per share.
201820192020

(Yen)
2021
(Forecast)

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

22.0(11.0)

24.0(12.0)

26.0(13.0)YMFG

A (stable)
Yamaguchi Bank

A+ (stable)
Momiji Bank

A+ (stable)

Expected Performance for the Fiscal YearEnding March 31, 2021 (YMFG)YMFG aims to achieve its consolidated ordinary profits of¥35.0 billion and net income attributable to owners of theparent of ¥23.0 billion.

YMFG Annual Report 20208