Resona Holdings, Inc. (RSHGY) Q4 2026 Earnings Call Prepared Remarks Transcript

Masahiro Minami
Group CEO, President, Representative Executive Officer & Director

Hello. My name is Minami from Resona Holdings. Thank you very much for taking the time to attend today’s briefing session despite your busy schedule. Please let me dive right into the explanation. We have conducted an analyst call after the earnings briefing, so I will mainly talk about our growth strategy today.

First, the point we would like to communicate. This shows one of the financial KPIs we focus ROE. With the normalization of monetary policy, the rate rose from 6.5% to 9.2% over the 3 years of the previous midterm management plan. In the new MMP, we aim to achieve 12% ROE, assuming a policy rate of 1%. If the policy rate rise to 1.5%, we will consider around 14% ROE. These are the key points of the new MMP. We would like to show a new form towards becoming a frontrunner in next-generation retail financing in the new MMP.

First, as you see on the left top, we will aim to deliver JPY 1 trillion in top line, mainly around growth of our core businesses. We have been talking about reviving our ability to generate profit, but we aim to take this even further. In the upper right, we will work to create next-generation growth drivers by expanding our value proposition through strategic partnerships, ecosystem development and BaaS. In the middle of this is an ongoing process of structural reform. We are moving quickly to build a management foundation that will support the next generation by reviewing work styles, business processes and IT systems.

Last year, we mentioned that we