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Results of FY2013 Results of FY2013

May 19, 2014

Katsunori NakanishiPresident

Shizuoka Bank, Ltd.

ContentsResults of FY2013

●Results of FY2013 -Nonconsolidated ・・・・・・ 1

●Results of FY2013 -Consolidated ・・・・・・ 2

●Net interest income ・・・・・・ 3

●Loan rate ・・・・・・ 4

●Loans (average balance) ・・・・・・ 5

●Initiatives for Corporate Banking - Support for customers’ overseas entrance ・・・・・・ 6

●Initiatives for Corporate Banking - Solution-based approach,

Acquisition of new corporate customers・・・・・・ 7

●Initiatives for Retail Banking - Housing loan ・・・・・・ 8

●Initiatives for Retail Banking - Unsecured loans ・・・・・・ 9

●Deposits ・・・・・・ 10

●Customer assets and fee incomes ・・・・・・ 11

●Securities ・・・・・・ 12

●Credit-related costs ・・・・・・ 13

●Risk-management loans ・・・・・・ 14

●Expenses and active investments ・・・・・・ 15

●Capital adequacy ratio ・・・・・・ 16

●Capital policy- Shareholder return ・・・・・・ 17

Overview of the 12th Medium-term Business Plan

●Overview of the 12th Medium-term Business Plan ・・・・・・ 18

●Group strategy - Increase in ownership ratio ・・・・・・ 19

●Active investments- Capital and business alliance with Monex Group, Inc. ・・・・・・ 20

Projected performance in FY2014

●Projected performance in FY2014 ・・・・・・ 21

Reference

●Loans (term-end balance) ・・・・・・ 22

●Loans - Loans by industries ・・・・・・ 23

●Improvement of productivity - BPR ・・・・・・ 24

●Allocation of risk capital ・・・・・・ 25

●Shareholder return - Share Buybacks, Trends in EPS/BPS ・・・・・・ 26

●Group companies ・・・・・・ 27

●Economic scale of Shizuoka Prefecture ・・・・・・ 28

●Economy in Shizuoka Prefecture and current state ・・・・・・ 29

Results of FY2013 -Nonconsolidated

FY2013

YoY change

Nonconsolidated(JPY bn, %)

Increase/ Decrease

Rate of change

Ordinary revenue 186.1 +15.1 +8.8Gross operating profit 144.5 -1.8 -1.2

Net interest incomeFees and commissionsTrading incomeOther operating profit[Bond-related income such as JGBs]

126.214.8

0.52.91.9

+5.9-0.1-0.5-7.1-7.8

+4.9-0.8

-48.9-70.8-80.1

Expenses (-) 79.7 +1.1 +1.4Actual net operating profit * 64.7 -2.8 -4.2General transfer to loan loss reserves (-) －－－

Net operating profit 64.7 -2.8 -4.2Special profit and loss 2.5 +4.9 +204.3

Bad debt written-off (-)Gain on reversals from loan loss reservesGain (loss) on stocks

1.00.52.8

+0.5+0.1+3.4

+90.4+25.9

+562.2Ordinary profit 67.2 +2.0 +3.1Extraordinary profit and loss -0.8 -0.5 -125.3Net income before taxes 66.4 +1.6 +2.4Corporate taxes (-) 23.6 -0.3 -1.2Net income 42.8 +1.9 +4.6

* Actual NOP=NOP + General transfer to loan loss reserves

1

Ordinary revenue +JPY 15.1bn YoY (First increase in 6 periods)

Gross operating profit -JPY 1.8bn YoY (Continued decrease in 4 periods)

Net operating profit -JPY 2.8bn YoY (First decrease in 2 periods)

Ordinary profit +JPY 2.0bn YoY (Continued increase in 5 periods) Record High

Net income +JPY 1.9bn YoY (Continued increase in 2 periods) Record High

Ordinary revenue rose JPY 15.1bn year on year to JPY 186.1bn,mainly due to increases in interest income (+JPY 5.7bn) and gain on sale of JGBs (+JPY 6.5bn).

Although net interest income rose (+JPY 5.9bn), mainly reflecting an increase in gains on cancellation of investment trusts, grossoperating profit declined JPY 1.8bn year on year to JPY 144.5bn due to a drop in other operating profit (-JPY 7.1bn), which was mainly due to an increase in loss on sale of JGBs.

Net operating profit declined JPY 2.8bn year on year to JPY 64.7bn,mainly due to a decline in gross operating profit and an increase inexpenses (+JPY 1.1bn), which included an increase in advertisingexpenses (+JPY 0.7bn) .

Ordinary profit rose JPY 2.0bn year on year to JPY 67.2bn, mainly reflecting an improvement in gain (loss) on stocks (+ JPY 3.4bn).

Although extraordinary profit and loss declined (-JPY 0.5bn), netincome increased JPY 1.9bn to JPY 42.8bn, partly due to a decline in total income taxes (-JPY 0.3bn).

Results of FY2013 -Consolidated

Consolidated (JPY bn, %)FY2013

YoY changeContentsIncrease/

DecreaseRate of change

Ordinary revenue 220.9 +17.7 +8.7First increase in 6 periods

Ordinary revenue rose due to increase in both interestincome and gains on the sale of JGBs

Ordinary profit 74.7 +3.4 +4.8Continued increase in 5 periods Record High

Ordinary profit of both Shizuoka Bank and total of group subsidiaries marked record high

Net income(Excluding gains on negative

goodwill)46.7 -10.2

(+2.7)-18.0

（+6.0）

First decrease in 5 periodsContribution amount of increase in ownership ratio: JPY 1.9bn*Shizuoka Bank increased its ownership ratio of consolidated subsidiaries in FY2012

Comprehensive income 47.3 -46.3 -49.5First decrease in 2 periods

Comprehensive income decrease due to decline in valuation difference on marketable securities and in net income

FY2013 YoY changeIncrease/ Decrease

Ordinary profit 1.11times +0.02times

Net income(Excluding gains on negative goodwill )

1.09times -0.30times(+0.01times)

22

FY2013 plan(The 11th Medium-

term Business Plan)

FY2013 Achievement rate

Consolidatedordinary profit 74.0 74.7 100.9

Consolidatednet income 46.0 46.7 101.5

Profit targets in 11th Medium-term Business PlanConsolidated / Nonconsolidated ratio

(JPY bn, %)

Shizugin TM Securities Co., LTD. (securities subsidiary) contributed highly to group business performance and consolidated revenue built on solid growthAchieved both ordinary profit and net income targets on consolidated basis in the 11th Medium-term Business Plan

Net interest income

Domestic operationsBreakdown of net interest income

Overseas operations

(%)

(%)

FY2012 FY2013 Increase/Decrease

Total 120.3 126.2 +5.9

Domestic operations 109.0 113.9 +4.9

Of which, Interest on loans 95.4 89.6 -5.8

Interest and dividends on securities 18.2 27.9 +9.7

Interest on deposits (-) 4.6 4.0 -0.6

Overseas operations 11.3 12.3 +1.0

Of which, Interest on loans 2.5 3.9 +1.4Interest and dividends on securities 11.1 10.8 -0.3


Spread between Investments and Procurements

1.13 0.93 -0.20

Trends in Interest and dividends on securities (Domestic operations )

FY2012 FY2013 Increase/Decrease Contents

Interest and dividends on securities 18.2 27.9 +9.7 Increase in gain on cancellation of investment trust boosted interest and

dividends on securities despite decrease in interest on bonds

Interest on bonds 11.6 9.8 -1.8 Reduced the balance of securities, centered on JGBs, of which absolute level of interest rate remained row, to control risk volume

Gain on cancellation of investment trust, etc 0.7 12.5 +11.8 Cancellation of investment trusts, mainly index tracker investment trusts,

in phase of share price rising

3


Loan rate 1.49 1.36 -0.13

Deposit rate 0.06 0.05 -0.01

Yield on securities 1.16 1.74 +0.58(Excluding cancellation of investment trust, etc.) 1.14 1.01 -0.13

3

(JPY bn)

(JPY bn)

Net interest income of FY2013: JPY 126.2bn (+JPY 5.9bn YoY) Despite interest on loans was on a downward trend due to decline in loan rate, net interest income rose in YoY basis due to large increase in interest and dividends on securities

Loan rate

Loan interest rates (monthly average)

Trends in Corporate loan interest rates by company size

4

1.47 1.47 1.46 1.46 1.45 1.45

1.26 1.25 1.241.22

1.20 1.19 1.19 1.19 1.19 1.19 1.19 1.19

1.471.481.50

1.531.541.55

1.10

1.15

1.20

1.25

1.30

1.35

1.40

1.45

1.50

1.55

1.60

Apr.2013 May. Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan.2014 Feb. Mar.

SMEs loan rate and spread

Rate

Spread

0 .20

0 .30

0 .40

0 .50

0 .60

0 .70

0 .80

0 .90

1 .00

Mar .2012 Jun . Sep. Dec . Mar .2013 Jun . Sep. Dec . Mar .2014

Rate of 10Y JGB TIBOR 3M TIBOR 12M

【Reference】Trends in market interest rate

Loan rate at the end of Mar. 2014 dropped 0.11 points from the end of Mar.2013The decline in interest rates on loans to SMEs contracted, with the drop in spreads now leveling off

（％）

（％）

1.551.47

1.41

1.37 1.361.32 1.29 1.27

1.23

1.36 1.33

1.441.50

1.35

1.54

1.18 1.151.17

1.81 1.79 1.76 1.73 1.691.641.66 1.61

1.84

Mar.2012

Jun. Sep. Dec. Mar.2013


（％）

Retails

Total

Corporate

0.60 0.580.630.660.700.730.770.800.81

1.531.46

0.40 0.38 0.38 0.38 0.35

1.471.45

1.561.58 1.611.631.65

0.360.420.420.34

Mar.2012



（％）

SMEs

Large and Medium-sized enterprises

Large and Medium-sized enterprises (Spread)

Loans (average balance)

7,011.56,325.6 6,517.7 6,669.4

4,576.64,276.6 4,411.9 4,445.8

FY2010 FY2011 FY2012 FY2013

Whole bank Portion in Shizuoka

+130.8+130.8

+342.1+342.1

Total loan balance (average balance)

2,726.22,678.02,636.22,579.8

2,047.32,050.12,027.41,994.2

FY2010 Fy2011 FY2012 FY2013

Whole bank Portion in Shizuoka 2,400.82,301.62,240.0

2,162.1

1,937.11,873.61,830.11,770.7

FY2010 FY2011 FY2012 FY2013


+63.5+63.5

+99.2

--2.82.8

Breakdown of year-on-year changein total loan balance (average balance) SMEs loan balance (average balance) Retail loan balance (average balance)

+48.2

～～

～～～～

55

Average balance YoY changeIn 11th Medium-term Business

Plan

Total loan balance 7,011.5bn

+342.1bn＋5.1%

+685.9bn

SMEs loanbalance 2,726,2bn

+48.2bn+1.8%

+146.4bn

Retail loan balance 2,400.8bn+99.2bn+4.3%

+238.7bn

Large and Medium sized enterprises 1,465.8bn

+127.1bn+9.5%

+124.3bn

(JPY bn）

11th Medium-term Business Plan

+342.1+342.1SMEs＋48.2

Public+20.4

Overseas ＋47.2

Retails＋99.2

Large and Medium sized enterprises

＋127.1

(JPY bn） (JPY bn） (JPY bn）※including apartment loans

Total loan balance (average balance) of FY2013: JPY 7,011.5bn, up JPY 342.1bn (+5.1%) YoYBalanced increase by JPY 685.9bn by Size of Firm, including retail, in 11th Medium-term Business Plan

Initiatives for Corporate Banking –Support for customers’ overseas entrance–

6

●

●

●

●

●

●

●

International DepartmentManage and control for overseas

strategySupport Customers for overseas

expansion

160.6

248.6

423.9

92.2

135.1

182.7

FY2011 FY2012 FY2013

Total b lance

Portion of overseas branches

Loan balance in foreign currencies(average balance)

+175.3+175.3

+47.6+47.6

Shizuoka Bank(Europe) S.A. Shizuoka

Los Angeles Branch

New YorkBranch

・・・ Offices owned by our affiliates

・・・ Offices owned by our affiliates

【China】China Construction Bank

Bank of Shangahai

【China】China Construction Bank

Bank of Shangahai

【Korea】Shinhan BankDaegu Bank

【Korea】Shinhan BankDaegu Bank

Shanghai Rep. Office

Hong Kong Branch

Singapore Rep. Office

【India】State Bank of India

【India】State Bank of India

【Thailand】KASIKORN BANK

Bangkok Bank

【Thailand】KASIKORN BANK

Bangkok Bank

【Vietnam】ANZ Bank(Vietnam)

【Vietnam】ANZ Bank(Vietnam)

【Taiwan】Chinatrust Financial Holding

（Chinatrust Commercial Bank）

【Taiwan】Chinatrust Financial Holding

（Chinatrust Commercial Bank）

【Philippine】Bank of the Philippine Islands

【Philippine】Bank of the Philippine Islands

【Indonesia】CIMB Niaga

Bank Resona Perdania

【Indonesia】CIMB Niaga

Bank Resona Perdania

(JPY bn)

Strengthening of support for customers’ overseas entrance and utmost utilization of global network were related to performance

・・・ Our own offices・・・ Our own offices

Initiatives for Corporate Banking – Solution-based approach, Acquisition of new corporate customers –

Measures to support new business creation

Loans for growth and untapped fields

8.2

12.121.1

10.6

14.2

61.446.947.4

69.18.2

3.9 6.0

4.1

7.512.8

9.5

1HFY2012 2H FY2012 1H FY2013 2H FY2013

Business successionAgricultureEnvironmentHealth/welfare

Provided tailored solutions, centered in growth fields, to generate new demand for funds and to reinforce relationship with customers for expanding business foundation of the bankAs of end-March 2014, the number of corporate customers was up 1,548 from the start of the 11th Medium-term Business Plan

2nd the Shizugin Entrepreneur Awards• Aiming at revitalization of regional economy by

supporting growth of awarded entrepreneurs7 winners out of a total of 87 applicants will receive prizes

[Total prize amount to JPY 5 million]⇒ Fully utilize the Group’s capabilities, such as sales channel

development and consulting services, to actively support business growth of all the applicants

FY2011 FY2012 FY2013

9,819 8,92510,029

23,020 23,33822,392

FY2010

32,421 32,839 32,263

7,868

23,940

31,808

+1,548

【Reference】 Business support fund

・An original loan scheme aimed at customers working to turn around their businesses

・Launched April 2013・72 loans total of JPY 1,995mn in FY 2013・Average interest rate: 4.2%

Number of corporate customers

202.2

147.5

＋54.7

7

(JPY bn) Loan amount (term-end balance) over 5mn Less than 5mn (customers)

Target of the 11th Mid-term Business Plan+1,000 customers

Initiatives for Retail Banking - Housing loanConsumer loan balance (term-end balance) of FY2013: JPY 2,490.1bn, up JPY 134.6bn (+5.7%) YoYFavorable increase in both housing loan and unsecured loan

Housing loan provided

83.2 80.9

104.6

140.4

85.2

123.7

1H FY2011 2H FY2011 1H FY2012 2H FY2012 1H FY2013 2H FY2013

Value of housing loan providing

9

Consumer loan balance (term-end balance)

8

Number of housing loans (total) provided and of which with insurance for 8 medical conditions

6,489

3,6665,038

4,065

6,066

390

2,1643,111

1H FY2012 2H FY2012 1H FY2013 2H FY2013

Number of housing loan prov idedof w hich w ith insurance for 8 medical conditions

21%

52%

58%61%

1,272.2 1,331.0 1,379.9 1,442.2 1,523.8

955.2958.1954.3 944.3925.7

935.9

1,303.3

40.633.8

30.6 30.3 30.3 31.3


Unsecured loanHousing loanOther loans

2,257.1 2,291.7 2,316.5 2,355.5 2,411.82,490.1

・Housing loan balance(term-end balance) of FY2013:JPY 1,523.8bn, up JPY 143.9 (+10.4%) ・Captured rush demand before increase in consumption tax and marked record high in value of

housing loan provided・Executed BPR to reduce processing time of loans

Increase in time used for sales led to rise in number of loansNumber of housing loan providing：12,555 cases（+3,452cases YoY）

・Amount of increase in housing loan balance is the highest level among those of major regional banks

・Appearing new product “ Housing loan with insurance for 8 medical conditions” effectively via wide range of mass medias

・Interest rate of new housing loans of FY 2013: 1.039%

Actions to expand Housing loans

264.1

12,555

6,777

+134.6

+143.9

(JPY bn)(JPY bn)

(cases)

Ratio of loans with the insurance

Initiatives for Retail Banking - Unsecured loans

Car loan and Education loan ・Expansion of loan amount limit captured big deals ・Introduction of secondary loan guarantee system expanded

customer baseCard loan・Attract customers’ attention strategically with TV commercials

and web ads

Actions to expand unsecured loans

Unsecured loans provided for specific purposes*

Unsecured loan balance (term-end balance) of FY2013: JPY 40.6bn, up JPY 9.3bn (+30.0%) YoYUnsecured loans provided for specific purposes of FY2013: JPY 12.4bn, up JPY 8.3bn(+200.8%) YoY

Website renewal ・Web site renewal increased number of loan applications

Number of applications via web site: 10,312 (3.1x YoY)

0

2,000

4,000

6,000

8,000

10,000

12,000


Car Education Hobby ＆ lifestyle Free

Applicants of loans for specific purposes received

9

12.4

4.1

+8.340.6

33.8

30.6 30.3 30.331.3


Unsecured loan balance (term-end balance)

+9.3

11,165

3,2505,056

5,372

3,6382,740

(JPY bn)

(applications)

1.1 1.6 1.7

2.4

3.9

8.5


*Total for car, hobby & lifestyle, free, and education loans(Net increase (decrease) used for overdraft education loansand repetitive car loans)

(JPY bn)

Deposits

8,408.67,757.27,615.6 7,987.7

7,045.16,407.9 6,595.1 6,806.9

FY 2010 FY 2011 FY 2012 FY 2013

Whole bank Portion in Shizuoka+420.9 +420.9

Deposit balance (average balance)

+238.2+238.2

5,689.15,537.7

5,337.35,184.8 5,259.8

5,103.94,903.8

4,757.9

FY2010 FY2011 FY2012 FY2013

Domestic branchesPortion in Shizuoka

+155.9+155.9

Breakdown of year-on-year changes in deposits balance (average balance) Retail deposit balance (average balance)

Total deposit balance in FY2013: JPY 8,408.6bn (average balance), up JPY 420.9bn (+5.3%) YoYMaintained upward trend in 11th Medium-term Business Plan period: +JPY 793.0bn

+151.4Corporate deposit balance (average balance)

1,978.01,956.0 1,967.9 1,958.5

1,550.11,472.9 1,493.2 1,527.5

FY 2010 FY2011 FY 2012 FY 2013

Domestic branchesPortion in Shizuoka

+22.6+22.6

+19.5

10

Average balance YoY changeIn 11th Medium-term Business

Plan

Total deposit balance 8,408.6bn +420.9bn

+5.3% +793.0bn

Deposit balance in Shizuoka 7,045.1bn

+238.2bn+3.5%

+637.2bn

Retail deposit balance 5,689.1bn

+151.4bn+2.7%

+504.3bn

Deposit balance of Internet blanch 302.3bn

+97.7bn+47.8%

+275.5bn

Corporate deposit balance 1,978.0bn +19.5bn

+1.0% +22.0bn

(JPY bn)

11th Medium-term Business Plan

Retail+151.4

Banks/Publicfunds

+108.1

Overseas+84.1

Corporate+19.5

Excluding NCD ＋62.2

Offshore+57.8

(JPY bn)

+ 420.9+ 420.9

(JPY bn) (JPY bn)

Customer assets and fee incomes Customer assets (including the balance of Shizugin TM Securities) was JPY 7,381.4bn (+JPY 191.5bn from the end of March 2013), of which balance of customer asset excluding JPY deposits was JPY1,660.4bn (+JPY35.3bn)Fee income (including Shizugin TM Securities) : JPY 23.1bn (+JPY 1.5bn YoY)

Sales and fee income from offering investment trust and insurance products

100.0 108.4140.5

190.8

126.6

116.4141.3

109.910.2

9.07.7

6.7

FY 2010 FY 2011 FY 2012 FY 2013

Indivisual annuity insurance products, etc.

Investment trust

Fee incomes

307.2

209.9235.0

281.8

+25.4+25.4

Customer asset excluding JPY deposits

End of Mar.'11

End of Mar.'12

End of Mar.'13

End of Mar.'14

Individual annuity insurance 604.9 710.6 871.1 949.3

Public bonds 386.3 346.5 290.6 215.9

Investment trusts 14.8 14.4 15.3 15.1

Foreign currency deposits 35.3 34.5 35.5 29.9

Shizugin TM Securities 338.5 355.9 412.6 450.2

Total 1,379.9 1,461.9 1,625.1 1,660.4

11

3.7 4.5 5.6 7.8

15.316.0

14.814.2

15.214.212.611.6

FY2010 FY 2011 FY 2012 FY 2013

Fees and commissions, trading incomeShizugin TM Securities

Fee incomes (Shizuoka Bank / Shizugin TM Securities)

23.117.9

(14.8)

(14.5) (14.8)

21.619.3

(14.9)

Fee income ratio (Including Shizugin TM Securities)

Customer assets (term-end balance)

5,564.85,473.75,199.85,721.0

1,625.1

1,379.91,461.9

1,660.4

End of Mar.'11 End of Mar.'12 End of Mar.'13 End of Mar.'14

JPY deposits Customer asset excluding JPY deposits

+191.5+191.5

+35.3+35.3

+1.5+1.5

7,381.47,189.96,935.66,579.6

(JPY bn) (JPY bn)

(JPY bn,%)

(Figures in parentheses are fees and commissions)

Securities

Securities Gains and losses on securities

Levels at which revaluationgains and losses is zero TOPIX10P/10BPV

Stocks Nikkei stock average JPY 5,966 JPY2.33bnYen-denominated

bonds 5-year JGB 0.36% JPY6.74bn

Foreign-currency bonds

10-year US Treasury Note 2.96% JPY2.30bn

FY2012 FY2013 Increase/ Decrease

Gains and losses on JGBs 9.7 1.9 -7.8Gain on sale of JGBs 12.5 19.0 +6.5

Loss on sale of JGBs (-) 2.7 17.0 +14.3

Gains and losses on stocks -0.6 2.8 +3.4Gain on sale of stocks 0.4 2.8 +2.4Devaluation of stocks (-) 0.9 0.0 -0.9

Nikkei stock average JPY12,397.91 JPY14,827.83 －

Average life of yen-denominated bonds 5.24y 4.60y -0.64yAverage life of foreign-currency denominated bonds 3.97y 4.46y +0.49y

Loan-Deposit ratio / Security-Deposit ratio (excluding NCD)

End of Mar. 2013

End of Mar. 2014 Increase/

DecreaseGains and losses from the revaluation of securities 180.5 180.6 +0.1

Stocks 122.9 153.7 +30.8

80.9 134.0

539.2 472.9

244.3 272.1

313.0 281.742.7 56.9

1,315.81,121.4

Mar. 2013 Mar. 2014

Governmentbonds

Municipalbonds

Corporatebonds

Stocks

Foreign bonds

Other

2,535.9

〈〈StocksStocks〉〉+27.8+27.8

〈〈Foreign Foreign bondsbonds〉〉

--66.366.3

〈〈Government Government bondsbonds〉〉--194.4194.4

--196.9196.9 2,339.0

Of which investment

trusts119.5

Of which investment

trusts66.6

Total balance of securities (term-end balance) : JPY2,339.0bn (-JPY 196.9bn from the end of March 2013)Gains and losses from the revaluation of securities: JPY180.6bn (+JPY 0.1bn from the end of March 2013)Reduced balance centered on JGB, of which absolute level of interest rate remained row, to control risk value

Loan-Deposit ratio Security-Deposit ratio

Loan-Deposit ratio+

Security-Deposit ratioFY 2013 88.0% 26.4% 114.4%

Yield improvement of foreign bond portfolio in switching

Switching amount Yield improvement Annual improvement effect

500bn +0.7% 3.5bn

Break-even level of revaluation gains or losses / 10BPV

12

× ≒

（JPY bn）

（JPY bn）

（JPY bn）

Switching in upward phase of interest improved expected annual earning of portfolio by JPY 3.5bn

Credit-related costsCredit-related costs in FY2013: JPY 0.5bn(+JPY 0.4bn YoY),Credit-related cost rate: 0.007% (+0.005 percentage points YoY)Credit-related cost subsequently remained at low levels

Breakdown of credit-related costs

Changes in credit rating, etc 9.0Decrease in the value of collaterals 0.5

Upgrade of credit rating, decrease in loan and credit balances by foreclosure ,etc

-5.4

Total 4.1

Credit-related costs

FY2012 FY2013 YoY change

NPL disposal (1) 0.5 1.0 +0.5Gain on reversals from loan loss reserves* (2)

0.4 0.5 +0.1

Provision for general allowance for loan losses -4.5 -4.6 -0.1

Provision for specific allowance for loan losses 4.1 4.1 ±0

Total (1)-(2) 0.1 0.5 +0.4

13

0.007

0.15

0.002

0.004

FY2010 FY2011 FY2012 FY2013

Credit-related cost rate

Credit-related cost rate

FY2010 FY2011 FY2012 FY2013

7.8

3.1 4.1 4.1

3.1

1.0

-4.5-3.8-1.3

-4.6

1.00.5

0.5

9.6

0.10.3

NPL disposal

Prov ision for specific allow ance forloan lossesProv ision for general allow ance forloan lossesCredit-related costs

(JPY bn)

*Gain on reversals from loan loss reserves is the net amount forprovision for general allowance for loan losses and provision for specific allowance for loan losses

(JPY bn)

(JPY bn)

* Credit-related cost rate =Credit-related costs / Average loan balance

(%)

Risk-management loans

Trends in Risk-management loans Net risk-management loans

NPL removal from the balance sheet

Total risk-management loans : JPY 165.5bn, the ratio of risk-management loans: 2.28% Net risk-management loans : JPY 19.2bn, the ratio of net risk-management loans: 0.26% Properly controlled our asset quality, so that the balance of risk-management loans peaked out from JPY 242.5bn, the maximum after Lehman Shock.

3.64 3.573.41

0.40 0.36 0.32 0.34 0.34 0.30 0.26

2.913.26

2.572.28

2H FY2010 1H FY2011 2H FY2011 1H FY2012 2H FY2012 1H FY2013 2H FY2013

The ratio of risk-management loans

Collected from borrower/ set off against deposit account

11.7

Collateral disposal/ subrogated to guarantor 21.6

Reclassified to better categories 23.1

Loans sold-off 6.1

Direct write-off of loans 0.7

FY2012 FY2013

New recognition of NPLs +46.5 +33.5Removal from the balance sheet(NPL to borrowers classified as “at risk of failure” or riskier categories)

-71.4（-66.9）

-71.6(-63.2)

Risk-management loans 203.6 165.5

-38.1

14

18.4 18.2 19.0 16.4

215.5 201.3 178.4

144.2

8.6 9.0

6.2

4.9

Mar.'11 Mar.'12 Mar.'13 Mar.'14

Loan s to custom ers who have gone b ankrupt

Loan s w ith inte rest payment in a rrers*

Loan s th at have not be en re paid for o ver 3 mon ths or ha ve b een restructure d

242.5228.5

203.6

165.5

Not in arrears78%

In arrears22%

(JPY bn)

[Delinquency ratio]

JPY165.5bn

Partial direct write-off

Guaranteed by credit guarantee

associations

Collateral/Reserves

Net risk-management loans

JPY46.5bn

JPY19.2bn

JPY94.0bn

JPY5.8bn

(JPY bn)[Breakdown of JPY 63.2bn]

(JPY bn)

Risk-management loans

Net risk-management loans

(%)

*Borrowers classified as “at risk of failure” and borrowers classified as “practically bankrupt” are written as “ loans with interest payment in arrears ” among the debtor division in accordance with Banking Act

Expenses and active investmentsExpenses in FY2013: JPY 79.7bn (+JPY 1.1bn YoY) OHR in FY2013 (Nonconsolidated): 55.2% (+1.4 percentage points YoY)Controlled annual expenses around JPY 80bn during 11th Medium-term Business Plan period, while boosting both deposit and loan balance

Expenses and OHR (annual basis)

15

32.8 32.9 32.6 34.1

43.8 41.642.344.1

4.4 4.1 3.8 4.0

53.5

54.7 53.8 55.2

FY2010 FY2011 FY2012 FY2013

TaxNon-personnel expensesPersonnel expensesＯＨＲ

79.781.0 81.1 78.7

+1.1 +1.1

Active investments in 12th Medium-term Business Plan

Projected expenses in 12th Medium-term Business Plan

89.879.7

34.1 34.3

41.6 48.4

4.07.2

55.2 55.0

FY2013 FY2016 plan

Personnel expenses Non-personnel expenses Tax OHR

+10.1

System-related Approx. JPY 30bn

Construction of branches and new HQ Approx. JPY 25bn

New businesses Approx. JPY 45bn

Total Approx. JPY 100bn

+1.5 +1.5

（JPYbn,%）

Growth in topline offsets increase in expenses, resulting in keeping OHR around 55% （JPYbn,%）

Capital adequacy ratio

BIS capital adequacy ratio ( consolidated basis) Changes in capital and risk-adjusted assets

Amount of maximum risk Tier I+Tier II Outlier ratio

JPY 38.2bn JPY 747.9bn 5.1%

Outlier ratio (nonconsolidated basis)

※ 自己資本には、優先株、劣後債務等を含まない

4

14.40

16.0615.55 15.43

17.49

15.3016.85

17.46

12

14

16

18

End-Mar.2011

End-Mar.2012

End-Mar.2013

End-Mar.2014

Tier I ratio(Core Capital ratio)

Common Equity Tier I ratio

【Basel III】 End-Mar. ‘13 End-Mar. ‘14 Change from end-Mar. ’13

Capital* 768.5 782.9 +14.4

Common Equity Tier I 684.3 716.8 +32.5

Other Tier I - 0.7 +0.7

Tier II 84.2 65.4 -18.8

Risk-adjusted assets 4,400.1 4,643.6 +243.5

Total credit-risk adjusted assets 4,093.2 4,333.2 +240.0

Amount corresponding to market risk 11.5 12.7 +1.2

Amount corresponding to operational risk 295.4 297.7 +2.3

16

The Basel III capital adequacy ratio at the end of Mar. 2014 was 16.85%. Common Equity Tier I ratio : 15.43%(From the end of Mar. 2013, we adopted to Basel III criteria for the calculation of capital adequacy ratio)

BIS capital adequacy ratio(%)

(Basel II)[Estimation based on criteria in the Basel III text releasedin December 2010 (End-September 2013 basis) ]

・Liquidity coverage ratio: 103.2%(Regulatory level 100% and over)・Net stable funding ratio: 123.4%(ditto over 100%)・Leverage ratio: 6.73%(ditto 3% in trial period)

*Capital does not include preferred shares, subordinated debts, etc.

(JPY bn)

(Basel III)

Capital policy -Shareholder return

FY2011 FY2012 FY2013E FY2014E

Annual dividend per share 13.50（6.5 ）

*15.00（8.0 ）

15.50（7.5 ）

16.00（ 8.0 ）

Dividend trends

Profit distribution to shareholders

Shareholder return ratio in 11th Medium-term Business Plan(FY2011～ FY2013): 62.36%Target of shareholder return ratio in 12th Medium-term Business Plan(FY2014～ FY2016): 50% or more of shareholder return in medium term

Shareholder return ratio 62.36％(FY2011～ FY2013E)

17

*Include 70th anniversary dividend (Interim dividend)

(JPY )

(JPY bn,%)

FY2011 FY2012 FY2013E FY ‘04 – ‘13(10years)

Annual dividend (1) 8.9 9.7 9.7 Accumulated total 86.7

Repurchase of shares (2)(Shares bought back: million shares)

14.6（20）

8.2（10）

22.7（20）

Accumulated total 77.1

Shareholder returns (3)=(1)+(2) 23.5 18.0 32.4 Accumulated total 163.8

Net income (4) 34.7 40.9 42.8 Accumulated total 336.5

Dividend payout ratio (1)/(4)x100 25.54 23.78 22.78 Average 25.76

Shareholder return ratio (3)/(4)x100 67.60 43.93 75.73 Average 48.66

Plan to pay a year-end dividend of JPY 8.00 per share for FY2013Plan to pay annual year dividend of JPY 16.00 for FY2014

Overview of the 12Overview of the 12th th MediumMedium--term term Business PlanBusiness Plan

Overview of the 12th Medium-term Business Plan

Target figures (consolidated)

11th Medium-termBusiness plan

12th Medium-termBusiness Plan

FY2013 plan FY2016 plan

Ordinary profit 74.0 80.0 or more

Net income 46.0 50.0 or more

Common EquityTierⅠROE 6.56％ 6% level

OHR 54.7％ Around 55%

Common Equity TierⅠratio 15.25％ Around 14%

Shareholder return

50% or more in medium term

50% or more in medium term

18

第12次中期経営計画The 12The 12th th MediumMedium--term Business Plan (12term Business Plan (12thth MBP)MBP)

Name of the planName of the plan「「TOBIRA TOBIRA ～～ OpenOpen a Gate for the Next a Gate for the Next 」」

Group visionGroup vision

『Shizugin』that ventures on the new possibilities

Guideline for action ～ We aim to be the best regional bank in the world with taking『Breakthrough』to heart

Basic strategiesBasic strategies

Top lineGrowth

・Refine region-based relationship banking

・Challenge on the new business fields and profitable opportunities

Operational system ・Build the flexible and robust operating structure

Branding ・Add more value to 「Shizugin」 brand

Group strategy – Increase in ownership ratio

5.1 5.1

6.6

7.6

3

4

5

6

7

8

FY2010 FY2011 FY2012 FY2013

19

Consolidated subsidiaries Consolidated ownership ratioShizugin Management Consulting Co., Ltd. 100.00%

Shizugin Lease Co., Ltd* 100.00%

Shizuoka Computer Service Co., Ltd.* 100.00%

Shizugin Credit Guaranty Co., Ltd.* 100.00%

Shizugin DC Card Co., Ltd.* 100.00%

Shizuoka Capital Co., Ltd. * 50.00%

Consolidated subsidiaries Consolidated ownership ratio

Shizugin TM Securities Co., Ltd*. 100.00%

Shizuoka Bank (Europe) S.A. 100.00%

Shizugin General Service Co., Ltd. 100.00%

Shizugin Mortgage Service Co., Ltd. 100.00%

Shizugin Business Create Co., Ltd. 100.00%

*Increase in ownership ratio

Gains on negative goodwillProjected to book gains on negative goodwill, JPY 2.0bn in FY2014

Increase in consolidated net incomePositive impact of roughly JPY 0.5bn per year(based on FY2013 results)

Increase in consolidated/nonconsolidated ratio Increase by roughly 0.02x due to rise in consolidated netincome (based on FY2013 results)

Total ordinary profit of consolidated subsidiaries

Total of ordinary profit of group subsidiaries increased by 50% in 11th Medium-term Business Plan Raised the ownership ratio of 6 consolidated subsidiaries, such as Shizugin Lease Co., Ltd., to 100% in April 2014 in order to expand consolidated net income and closely tie up consolidated subsidiaries. We currently have full controlled ownership in 10 subsidiaries excluding Shizuoka Capital Co., Ltd.

（JPYbn）

Active investments - Capital and business alliance with Monex Group, Inc.

Create a unique and improved financial experience for our retail customers, through actively implementing leading edge technology and ideas in the online space

Got 20% of stakes in Monex Group from ORIXCorporation and so on

Add Monex Group as equity method affiliate

Got 20% of stakes in Monex Group from ORIXCorporation and so on

Add Monex Group as equity method affiliate

20

The Shizuoka Bank, Ltd. and Monex Group, Inc. held a capital and business alliance on April 2, 2014

Combine our respective resources to bring the best user experience to our customers and boost the overall quality of our financial services

Monex Group, with its affiliates, is the only online securities group in the world that has a retail customer base in Japan, the United States, and China (Hong Kong), and provides online financial services for individual investors as its principal business

（as of March, 2014）

Date of Incorporation : August, 2004Capital ： JPY 10,394 millions Total assets ：JPY929,431 millionsHeadquarters ： Kojimachi, Chiyoda-ku, TokyoOverseas Branches ： Florida, Beijing, Hong Kong, Sidney, London, Costa RicaRating ： BBB（JCR）

【Outline of Monex Group】

A committee led by senior management at both companies has been established to examine the details of a business alliance

Projected performance in FY2014Projected performance in FY2014

Projected performance in FY2014Projected performance in FY2014

Nonconsolidated FY2013 FY2014E Change fromFY2013

Ordinary revenue 186.1 190.0 +3.9Gross operating profit 144.5 145.6 +1.1Expenses (-) 79.7 84.8 +5.1Net operating profit 64.7 62.7 -2.0

Ordinary profit 67.2 64.0 -3.2

Net income 42.8 41.0 -1.8

FY2013 FY2014E Change fromFY2013

Credit-related costs 0.5 1.4 +0.9Provision for general allowance for loan losses -4.6 -1.9 +2.7

Bad debt written-off 5.1 3.3 -1.8Provision for specific allowance for loan losses 4.1 2.0 -2.1

21

Consolidated FY2013 FY2014E Change fromFY2013

Ordinary revenue 220.9 225.0 +4.1

Ordinary profit 74.7 74.0 -0.7Net income 46.7 47.5 0.8

ReferenceReference

7,240.86,994.06,694.96,659.2

4,800.94,687.64,593.64,580.6

End of Mar. 2011 End of Mar. 2012 End of Mar. 2013 End of Mar. 2014


＋＋113.3113.3

+246.8 （JPY bn）

30.3%30.3% 30.2%30.2% 30.2%30.2%●● ●●

Market share in Shizuoka（term-end balance）

●●

SMEs-18.8

Retails+137.9

Large and Medium sized enterprises

+60.4

●●

30.2%30.2%

Public+19.9

Overseas +47.4

22

2,811.72,830.52,828.42,772.7

2,139.62,186.22,205.62,170.4


Whole bank Portion in Shizuoka2,491.7

2,000.5

2,353.82,288.32,219.5

1,911.21,868.41,817.0



+89.3+89.3

+137.9

--46.646.6

-18.8

11th Mid-term Business Plan

Term-end balance YoY changeIn 11th Medium-term Business

Plan

Total loan balance 7,240.8bn

+246.8bn+3.5%

+581.6bn

SMEs loanbalance 2,811.7bn -18.8bn +39.0bn

Retail loan balance 2,491.7bn+137.9bn

+5.9%+272.2bn

Large and Medium sized enterprises 1,479.0bn +60.4bn

+4.3% +115.5bn

Total loan balance (term-end balance)

LoansLoans (term(term--end balance)end balance)Total loan balance (term-end balance) of FY2013: JPY 7,240.8bn, up JPY 246.8bn (+3.5%) YoYIncreased by JPY 581.6bn in 11th Midium-term Business Plan

Breakdown of year-on-year changein total loan balance (term-end balance)

SMEs loan balance (term-end balance) Retail loan balance (term-end balance)

(JPY bn）(JPY bn） (JPY bn）※including apartment loans

+246.8+246.8

Loans Loans -- Loans by industriesLoans by industries

Accommodation

Leasing

Real estate

Money lendingand investment

RetailingConstruction

Transportationmachinery

Wholesaler

50

150

250

350

450

0.0000 0.4000 0.8000 1.2000

（%）

Balance Composition ratio

YoYchange

All industries 5，039.1 100.0 +53.7

Real estate 428.8 8.5 +5.5

Wholesaler * 427.5 8.5 -13.8

Money lending and investment 354.0 7.0 +18.8

Transportation machinery 377.5 7.5 +30.4

Construction 266.7 5.3 -23.2

Retailer 270.4 5.4 +15.9

Leasing 241.0 4.8 -10.8

Accommodation 75.9 1.5 -7.1

23

(JPY bn, %)

* excluding a general trading companies

[ Credit balance (as of the end of Mar. 2014) ](JPY bn)

[ Credit balance vs. expected loss rate* ]

*Expected loss (EL) amount / Credit balance

Excluding borrowers classified as “practically bankrupt” and below

Contemporary status of business loans to particular industries

Business loans to each industry such as real estate, construction, leasing, money lending and investment account for less than 9% of loan balance for all industries respectively. There is no concentrated exposure to any of these specific industriesExpected Loss (EL) for all industries : JPY 5.5bn (JPY 1.2bn for real estate and JPY 0.4bn for construction) Unexpected Loss (UL) for all industries : JPY 55.5bn

Credit balance

End-Mar.2008

End-Mar.2013

End-Mar.2014

Change from

end-Mar. 2008

Front-office 2,411 3,070 3,128 +717

Of which, bank employees 1,794 2,261 2,262 +468

Back-office/assisting 1,693 942 925 -768

Of which, bank employees 548 44 35 -513

Shizuoka Bank 5,164 4,901 4,924 -240

Of which, bank employees 2,851 2,860 2,851 ±0FY2007 FY2009 FY2010

Deposit and domestic exchange servicesPublic fund and agency servicesTeller services

FY2010 FY2011 FY2012 FY2013

100% 80%

52%37%

-23%

-57%

-20％

-48%

-63％

24

Launch of active IT investment and centralized processing BPR･Introduced new terminals at sales branches ･Upgraded loan support system･Centralized processing for loan back-office

workload(Centralized storage of loan bookkeeping anddebt documents)

<9th Medium-term Business Plan>

Top-line growth

<10th Medium-term Business Plan>Increased efficiency through IT investment and the expansion of centralized processing

• Back-office workload at sales branches reduced by 60%• Repositioned back-office staff in sales positions

<11th Medium-term Business Plan>Extend productivity improvements to the front office workload

• Reduce workload for consumer loan sales staff by 63%

Further boost top-line growth

Workload reduction of branches Reduced processing time for workloadof consumer loan Number of personnel

* Assume the amount of business in the FY2010 is set to 100*Assume the amount of business in the FY2007 is set to 100

An ongoing BPR program increased front-office staff without boosting the overall headcount → make it possible to achieve sustainable top-line growth

Improvement of productivity Improvement of productivity -- BPR BPR

Loan [Credit risk] 99.7 64.7 65％

Treasury division 424.4 150.9 36％

[Of which, policy investment] （152.6）（55.1）（36％）

[Of which, overseas branches] （7.6）（3.1）（40％）

Consolidated subsidiaries 7.9 4.4 55％

Operational risk 24.1 24.1 100％

Sub total 556.1 244.1 44％

Buffer capital, etc. 136.6 －－

Total 692.7 244.1 35％

Risk capital allocated

Risk capital usedAllocation source

Credit risk165.0

Market risk367.0

Operational risk24.1

Buffer capital, etc.136.6

Core capital 692.7

(End of Mar.2014 basis)

（JPY bn）

Ratio of risk capital used

25

Allocation of risk capitalAllocation of risk capitalAllocation of risk capital for the 2H FY2013 amounted to JPY 692.7bn, of which JPY 165.0bn was allocated to credit risk, JPY 367.0bn to market risk, JPY 24.1bn to operational risk, and JPY 136.6bn to buffer capital, etcJPY 64.7bn for loans [credit risk] and JPY 150.9bn for the Treasury division was used for the 2H FY2013

・Core capital=common equity Tire I (Basel III standard), excluding other marketable securities valuation difference・Risk capital amount=<Market risk> │VaR│

<Credit risk> (1) │UL│ (loan balance includes bad debt written off, CVAs)(2) Basel III capital requirement amount (designated loan claims, credit linked loan, securitization transactions, investment trusts, and investment funds)

<Operational risk> Amount equivalent to operational risk・Buffer capital is kept aside for emergencies such as the anticipated Great Earthquake and other unquantifiable risks.

Historical share buybacks

Sharesbought back

(thousand shares)

Repurchaseamount of shares

(JPY mil)

Number of shares

cancelled(thousand shares)

Cancellationamount(JPY mil)

Shareholder return ratio

(%)

FY1997 7,226 9,997 7,226 9,997 90.3FY1998 6,633 9,142 6,633 9,142 86.7FY1999 8,357 9,143 8,357 9,143 51.4FY2000 24,954 23,281 24,954 23,281 152.0FY2001 8,234 8,267 8,234 8,267 165.4FY2002 29,928 23,107 －－ 229.4FY2003 10,712 8,566 30,000 23,381 50.8FY2004 －－－－ 17.1FY2005 －－－－ 22.5FY2006 －－－－ 25.3FY2007 10,000 12,621 10,000 10,130 61.8FY2008 －－－－ 70.8FY2009 5,000 3,996 5,000 4,638 40.6FY2010 20,000 14,980 20,000 15,957 67.2FY2011 20,000 14,575 －－ 67.6FY2012 10,000 8,239 20,000 14,953 43.9FY2013 20,000 22,642 －－ 75.7

Total 181,044 168,558 140,404 128,891

EPS(JPY) BPS(JPY)

20.39 587.5620.12 627.6434.14 650.9523.73 792.1610.26 742.7316.56 721.3337.20 831.7649.41 875.9344.24 1,019.1551.20 1,077.8549.89 997.2018.34 903.3246.01 998.2151.75 1,016.3452.44 1,097.5562.79 1,204.3167.84 1,257.63

－－

Share buybacks have been continuously carried out since FY1997, cumulating the 181million of shares bought back by the end of March 2014EPS and BPS have steadily appreciated with growth strategy and share buybacks

Shareholder return Shareholder return -- Share Buybacks , Trends in EPS /BPS Share Buybacks , Trends in EPS /BPS

26

Company name Business Ordinaryrevenue

OrdinaryProfitYoY change YoY change

Shizugin Management Consulting Co., Ltd. Corporate and financial management advisory services 1.1 +0.7 0.1 +0.0

Shizugin Lease Co., Ltd. Leasing 24.2 -0.6 1.5 -0.3

Shizuoka Computer Service Co., Ltd. Software development and sales 4.9 +0.2 0.2 -0.0

Shizugin Credit Guaranty Co., Ltd. Guarantee of housing loans, etc. 2.2 +0.5 1.6 +0.3

Shizugin DC Card Co., Ltd Credit card and guarantee of consumer loans 1.9 +0.1 0.5 -0.0

Shizuoka Capital Co., Ltd. Public-offering assistanceSupport for corporate rehabilitation 0.5 -0.0 0.2 -0.1

Shizugin TM Securities Co., Ltd. Securities 7.8 +2.1 3.4 +1.0

Shizuoka Bank (Europe) S.A. Finance and securities-related services 0.6 +0.1 0.1 +0.1

Shizugin General Service Co., Ltd. Fee-Charging Employment Placement Businesses, etc 0.9 -1.8 0.0 -0.0

Shizugin Mortgage Service Co., Ltd. Appraisal of real estate for loan collateralOperation center for loans 1.6 +0.1 0.0 +0.0

Shizugin Business Create Co., Ltd. Operation center for remittance and bill collection 4.3 +0.1 0.0 -0.0

Total(11 companies) 49.8 +1.5 7.6 +1.0

Shizugin Saison Card Co., Ltd.* Credit card and guarantee of consumer loans 1.6 +0.3 0.1 +0.1

(JPY bn)

Group CompaniesGroup Companies

27

*A company to which the equity method of accounting is applied. Operations commenced in April 2007.

The total ordinary revenue of 11 consolidated subsidiaries increased to JPY 49.8bn (up JPY 1.5bn YoY) and the ordinary profit of JPY 7.6bn (up JPY 1.0bn YoY)

Share of all-Japan National ranking

Population 3.75 m 3.0% 10th of 47 (2012)

No. of households 1.46m 2.7% 10th of 47 (2012)

Nominal prefectural GDP JPY 15.8tn 3.2% 10th of 47 (FY2010)

Per-capita income JPY 3.100 m - 3rd of 47 (FY2010)

No. of business establishments 190K 3.2% 10th of 47 (2012)

Amount of shipments of manufactured goods, etc. JPY 15.5tn 5.2% 3rd of 47 (2012)

Agricultural output JPY 211.4bn 2.5% 16th of 47 (2012)

Fishery production volume 220k tons 5.9% 3rd of 47 (2012)

No. of industrial locations(*) 77 4.1% 6th of 47 (2013)

No. of new housing starts 30k 2.9% 10th of 47 (2013)

Prefectural GDP (2010, Nominal)Rank Prefecture/Region (US$ billions)

9 Fukuoka Prefecture 210.510 Shizuoka Prefecture 184.011 Ibaraki Prefecture 130.6

- 4 prefectures of Shikoku 156.8

- 3 prefectures of Hokuriku 139.3

GDP comparison with countries (2010)Rank Country (Region) (US$ billions)

45 Ireland 207.646 Philippines 199.647 The Czech Republic 198.9- Shizuoka Prefecture 184.0

48 Pakistan 176.949 Rumania 164.8

Shizuoka Prefecture indices Shizuoka Prefecture economic scale

28

* Based on flash reports *Sources: Economic and Social Research Institute (ESRI)

Cabinet Office , Government of Japan

Accounts for 3% share of all-Japan. Ranks 10th in the scale of economy among prefecturesHas greater GDP than total GDP of 4 prefectures in Shikoku or 3 prefectures in HokurikuCompared to countries ,its GDP is ranked next to Ireland, Philippines, and the Czech Republic

Economic scale of Shizuoka PrefectureEconomic scale of Shizuoka Prefecture

Positioned as distribution hub between Tokyo and Osaka/KyotoRepresents leading manufacturing prefecture in JapanOwns a lot of export-driven companies related to handling machinery of transportation and music instrument and so forthHas many of representative tourist locations coming from its rich natural environments

No. of listed companies with HQs in Shizuoka Prefecture

Percentage distribution of Shizuoka Prefecture GDP by industry

20.836.2

22.016.8

14.79.9

15.6 13.25.5 5.3

21.4 18.6

All-Japan Shizuoka Pref.

Manufacturing Service Wholesale/Retail Real estate Construction Other（％）

Economy in Shizuoka Prefecture and current stateEconomy in Shizuoka Prefecture and current state

Shin-Tomei Expressway(between Mikkabi and Gotenba)

Apr.2012 Openning to traffic

TomeiExpressway ● HAMAMATSU PHOTONICS

● YAMAHA

● SUZUKI ● YAMAHA MOTOR

The Port of Omaezaki

Mt. Fuji Shizuoka Airport

Source: Cabinet Office , Government of Japan, FY2010

*As of end Mar. 2014, companies listed on more than one exchange were counted as TSE-listed

Hot-spring area

●TOSHIBA MACHINE

The Port of Tagonoura

● STAR MICRONICS

● SHIZUOKA BANKThe Port of Shimizu

Mt. FujiInscribed on the WorldHeritage List as “Fujisan, sacred place

and source of artistic inspiration”

Source :Shizuoka PrefectureTourism Association

Listing No. of companiesTSE 1st section 23TSE 2nd section 11Mothers 1Jasdaq 19

Total 54

29

This document includes statements concerning future business results. These statements do not guarantee future business results, but contain risks and uncertainties.Please note that future business results may differ from targets for reasons such as changes in the business environment.

results of fy2013 - shizuoka bank › english › pdf › ir2014-05.pdf · results of fy2013 may...

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